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(I-SoftwareNews.Com, March 23, 2017 ) Global Smart Rings market report shares information regarding key drivers, challenges and trends with impact analysis. Quantitative analysis of the current market and estimations through 2017–2021 are provided to showcase the financial appetency of the Smart Rings industry.
Experts forecast Global Smart Rings Market is expected to grow at 10.16% CAGR during the period 2017-2021.
The smart ring wearables were the latest addition to smart wearables technology in 2015. The smart rings are gaining popularity though they are overshadowed by smartwatches and smart bands. The application of smart rings is limited considering their compact size.
The smart rings are mainly used for notifications, which are channeled from smartphones for calls, messages, and other apps. The smart rings can be used to unlock smartphones and smart door locks. Some of the near-field communication (NFC)-enabled smart rings are used for direct payment, which needs no authentication.
Smart Rings Market Report Covered:
Opportunity of the Smart Rings market Market research methodology Market landscape Market segmentation by type Geographical segmentation Market Challenges Market Trends Smart Rings Market Vendors landscape List of Exhibits And continued…
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Smart Rings Market Drivers:
Low power consumption by smart rings Advances in technology and miniature electronic components Smart rings being more than just a notifications device Smart Rings Market Challenges:
Bulky smart ring wearables Low value addition Difficulty in managing multiple wearable devices Low participation from leading consumer electronic device manufacturers Vulnerability to physical damages Fraudulent activities by startups Smart Rings Market Trends:
Investments by crowdfunding campaigns and venture capitalists Increasing demand for wearables Increasing number of patents filed by emerging vendors Global Smart Rings Market report delivers detailed study on the major drivers and restraints for the key players & their impact.
Key Vendors of Smart Rings Market:
Jakcom Kerv Wearables Logbar Mota NFC Ring Ringly Vinaya And many more…
Smart Rings market report provides key statistics on the market status of the Smart Rings manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Smart Rings industry.
Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Global Smart Rings Market Research Report @ <||>rnhttp://www.360marketupdates.com/10533756
Geographical Regions of Smart Rings Market:
Americas APAC EMEA Smart Rings Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Smart Rings industry.
Price of Report: $3500 (Single User License)
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Global Smart Rings market report 2017-2021 explains in depth information about market development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Smart Rings industry before evaluating its possibility.
About 360 Market Updates:
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360 Market Updates
Ameya Pingaley
+1 408 520 9750
sales@absolutereports.com
Source: EmailWire.Com
Source: EmailWire.com
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