While Samsung’s Galaxy Ring connected ring has been the subject of much discussion since the start of the MWC (Mobile World Congress) in Barcelona, a major smartphone manufacturer wants its future connected ring to be the ultimate thing that visitors will remember.
The Chinese company Honor has just announced that it will launch a connected ring later this year, perhaps before or at the same time as Samsung. “Internally, we have this type of solution. We are currently working on it,” Honor CEO George Zhao confirmed to CNBC.
Although Zhao didn’t divulge any specs or hint at the ring’s features in the interview, it can be assumed that the Honor Ring will have similar features to the Samsung Galaxy Ring, including general health tracking and fitness i.e. heart rate, sleep, stress level, etc.
An additional accessory in the Honor ecosystem
The Honor Ring is also expected to integrate with the brand’s existing product portfolio, which includes smartphones, watches, wireless headphones and laptops. Zhao also mentioned that the item “will work with AI-based apps (and) can help you build a tailored workout plan because it studies your habits and health data to give you suggestions professional.”
This smart ring may not be as competitive as the Samsung Galaxy Ring when it comes to tracking women’s health. Indeed, Samsung has partnered with Natural Cycles for skin temperature and menstrual cycle tracking, putting it in competition with market leader Oura.
Of course, Honor still has almost all of 2024 to develop its product.
According to DataHorizzon Research, the smart ring market was valued at $147.1 million in 2022 and is expected to reach $1.405 billion by 2032. With new entrants like Samsung and Honor, and likely more to come (including including Apple), the exponential growth of the market is not without reason.
Source: “ZDNet.com”