Global Smart Jewelry Market Size study & Forecast, by Product Type (Pendant, Smart Bracelets, Ring, Others) by Operating System (Android, IOS), by Application (Activity Tracking, Heart Rate Monitoring, Sleep tracking) and Regional Analysis, 2022-2029

Global Smart Jewelry Market Size study & Forecast, by Product Type (Pendant, Smart Bracelets, Ring, Others) by Operating System (Android, IOS), by Application (Activity Tracking, Heart Rate Monitoring, Sleep tracking) and Regional Analysis, 2022-2029

Global Smart Jewelry Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Smart jewelry is a type of wearable technology that involves esthetic electronic devices, which offer value to their user through esthetics and various features and functions. Factors such as the growing adoption of wearable gadgets, the rising popularity of connected devices, and the Internet of Things (IoT), coupled with the increasing e-commerce penetration are impelling the market demand across the globe.

According to Statista, there was approximately 8.6 billion Internet of Things (IoT) connected devices were recorded in 2019. Also, the number is expected to increase to approximately 19.1 billion devices by 2025. Therefore, the rising adoption of Internet of Things (IoT) connected devices is exhibiting a positive influence on the growth of the Smart Jewelry Market. Moreover, the growing investment in technological advancements, as well as robust product portfolio by the key market players are presenting various growth prospects to the market in the forthcoming years. However, short battery life products and rising concern for data privacy stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Smart Jewelry Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the rising emergence of innovative products by key market players and growing prevalence of health issues related to sedentary lifestyles. Whereas, the Asia Pacific is expected to grow significantly during the forecast period. Factors such as rising awareness about health & fitness among the working-class population, as well as easy availability of advanced products of various brands are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Misfit (Fossil Group)
Bellabeat
InvisaWear
Ringly
Fitbit (Google LLC)
Oura Health Oy
Totwoo Smart Jewelry
Wellue
Motiv
Capri Holdings
Recent Developments in the Market:
 In May 2022, Oura Health Oy entered into a partnership agreement with Gucci to create a new luxurious smart ring worth for $950. The company intends to records health information via that ring, which is likely to be followed up on using an accompanying app (Android/iOS).
 In May 2018, Totwoo announced the introduction of the company’s first plug-and-play jewelry kit. The ""Totwoo Love"" Kit was jointly unveiled at the SAP Next-Gen Space at Hudson Yards in New York City by the Beijing-based startup and the US fashion tech company 360Fashion Network.

Global Smart Jewelry Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Operating System, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Pendant
Smart Bracelets
Ring
Others
By Operating System:
Android
IOS
By Application:
Activity Tracking
Heart Rate Monitoring
Sleep tracking

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World



Companies Mentioned

Misfit (Fossil Group)
Bellabeat
InvisaWear
Ringly
Fitbit (Google LLC)
Oura Health Oy
Totwoo Smart Jewelry
Wellue
Motiv
Capri Holdings

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