When you mention “wearables,” people usually think of smartwatches. However, in 2024, smartwatches had a quiet year with mostly incremental updates, typical of a mature category. While this might mean more polished products, it also means less of the quirky, innovative energy and sometimes outlandish ideas that come with a developing gadget category. Fortunately, it seems like this energy is now shifting towards smart rings.
Smart rings are not a new concept, but in 2024, there was a resurgence in interest for this category. This trend was evident as early as January at CES, where multiple smart rings were showcased. Samsung then made a significant impact in February by introducing the highly anticipated Galaxy Ring. As a key player in the smartwatch market, Samsung’s move into a new wearable category is a major development that brings smart rings from a niche product to a more mainstream audience.
