A number of start-ups, which apparently have made a fortune from producing smartwatches and smart bracelets, have begun to develop other wearable devices, particularly smart rings. Some start-ups have raised new capital from fund-raising websites and have begun accepting pre-sale orders and also delivering products, according to Digitimes Research.
Digitimes Research believes that the development of smart rings could follow the business models of smartwatches and smart bracelets under which the start-up companies will pioneer the development of technologies and market for smart rings, and brand vendors may step into the segment after the technologies have been proven and the market starts to take off.
However, the development of smart rings still needs to be observed as the small form factor may limit the number of functions built into the rings, and the limited compatibility with handsets and usage impracticalities make less sense in reality, said Digitimes Research.
Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as Global Tablet, China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.