Japan Fitness Ring Market Size and Share Analysis - Growth Trends and Forecast (2024 - 2029)

The Japanese Fitness Ring Market Report is Segmented by Product Type (Basic Fitness Ring and Smart Fitness Ring). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Japan Fitness Ring Market Size and Share Analysis - Growth Trends and Forecast (2024 - 2029)

Japan Fitness Ring Industry Overview

The Japanese fitness ring market is fragmented with the presence of major players like Apple Inc., Garmin Ltd, etc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • June 2024: NTT DOCOMO Ventures Inc. announced its investment in SOXAI Inc., a pioneer in Japan's health data analytics with its innovative smart ring. The SOXAI RING, designed for health management, boasts the title of the world's smallest smart ring, measuring just 7.6 mm in width, 2.5 mm in thickness, and weighing around 3 g. This advanced ring comes equipped with an optical vital signs sensor, a temperature sensor, and an acceleration sensor, enabling it to monitor sleep quality, activity levels, calorie expenditure, heart rate variability, and other key physical performance metrics.
  • June 2024: Samsung announced that it plans to unveil its Galaxy Ring either by late 2024 or in early 2025. While the tech giant is in the advanced stages of development, there is a possibility of a delay in the launch. Additionally, reports suggest that Samsung is considering sourcing circuit boards from Meiko, a Japanese manufacturer.

Japan Fitness Ring Market Leaders

  1. Fitbit, Inc.

  2. Xiaomi Corporation

  3. Apple Inc.

  4. Garmin Ltd.

  5. Samsung Electronics Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Japan Fitness Ring Market Concentration