Market Share of Latin America Fitness Ring Industry
Latin America 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.
- August 2024 - Samsung is launching its own smart ring, the Galaxy Ring, entering a market dominated by established players like Oura. Samsung aims to gain an advantage by offering no subscription fee. The tech giant asserts that its Galaxy Ring matches competitors in features, boasting automatically recorded workout data, in-depth analyses, sleep quality tracking, and added functionalities like temperature analysis.
- January 2024 - Movano Health's Evie Ring, a smart ring designed specifically for women, is expected to transform the wearable market. Its innovative band design, women-centric data interpretation, and AI-driven trend analysis empower users to better understand and manage their health, surpassing basic activity scores.
Latin America 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
