Market Share of India Fitness Ring Industry
The Indian fitness ring market is fragmented with the presence of major players like Apple Inc. and Garmin Ltd. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- July 2024: boAt introduced India's most budget-friendly smart ring. This cost-effective smart ring boasts advanced features, including a five-day battery life, heart rate monitoring, and the ability to track over 20 sports modes.
- July 2024: Set to debut in late 2024, the Amazfit Helio Ring is making its way to India. This health-focused smart ring is equipped with features such as heart rate and blood oxygen monitoring, fitness tracking, and water resistance.
India Fitness Ring Market Leaders
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Fitbit, Inc.
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Xiaomi Corporation
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Apple Inc.
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Garmin Ltd.
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Samsung Electronics Co., Ltd.
*Disclaimer: Major Players sorted in no particular order