Apple’s smart ring may be closer to launch than we think

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Apple's smart ring may be closer to launch than we think

Recently, Samsung introduced something really cool called Galaxy Ring, which made many people look forward to the next technological innovations. Samsung’s global head of B2B wearables/IoT/accessories, Daniel Seung Lee, shared on LinkedIn that a new wearable health and wellness product will be launched in the second half of the year. It looks like Apple doesn’t want to be left behind. Rumor has it that Apple is working on its own smart ring, and it could be here sooner than we think.

Apple has previously filed several patents for a ring-like device that can be worn

The ETNews report cites insider information that Apple is very close to introducing this new gadget. After Samsung’s announcement, it seems that Apple is also ready to join the process. They’ve been working on this idea for some time now, and have filed several patents that show they are serious about making it happen.

The smart ring market is still small, but it is expected to grow significantly. Experts believe it could grow from $20 million in 2023 to $200 million in 2031. That’s a huge leap! Smart rings have several advantages over smartwatches, primarily due to their more compact and less intrusive design. They are lightweight and invisible, so they can be worn all day and night without feeling uncomfortable. This subtlety is ideal for continuous health monitoring and sleep tracking without the bulkiness of a watch. Additionally, smart rings can have more specialized sensors placed closer to the skin for accurate readings, and their simplicity allows you to focus on specific functions such as fitness tracking, notifications, and contactless payments,

While we don’t know exactly when Apple’s Smart Ring will be released, it’s clear that they’ve been thinking about it for a while. With the smart ring market poised for growth, it will be interesting to see what Apple comes up with.

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