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Institution: Smart ring shipments expected to exceed 4 million units by 2025.
Gelonghui, November 25th | The global smart ring market has rapidly gained momentum in recent years, with 2025 emerging as its strongest year to date. According to Omdia data, shipments of smart rings exceeded 850,000 units in 2023, grew to 1.8 million units in 2024, and reached 1.6 million units in the first half of 2025 alone. Full-year shipments are projected to surpass 4 million units, underscoring the rapid rise of this category within the broader wearable ecosystem. Oura remains the dominant market leader, capturing 74% of the market share in the first half of 2025, followed by Ultrahuman (9%).
Zepp Health Corporation Price Target Is Maintained at $64.37/Share by Fundamental Research