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Luxury Smart Jewelry Market Size, Share And Trends Analysis Report By Product (Smart Rings, Smart Bracelets), By Application (Fitness Tracking, Heart Rate Monitoring), By Age Group, By Distribution Channels, By Region, And Segment Forecasts, 2024 - 2030

October 2024 | 150 pages | ID: L5149825F65CEN
Grand View Research, Inc.

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Luxury Smart Jewelry Market Growth & Trends

The global luxury smart jewelry market size is expected treach USD 429.97 million by 2030, registering a CAGR of 18.7% from 2024 t2030, according ta new report by Grand View Research, Inc. Factors such as the increasing demand for multifunctional and aesthetically appealing jewelry and the growing adoption of wearable technology fuel the market growth. Smart jewelry, equipped with advanced features such as personalized communication, notifications, and fitness tracking, is gaining popularity among consumers. In addition, the integration of Internet of Things (IoT) technology and the rising focus on wellness and health are expected further tpropel the market's growth over the forecast period.

The growing focus on fitness and personal health is one major factor in the increase in the popularity of smart rings. Consumers increasingly prioritize their health, seeking devices that track essential health metrics such as physical activity levels, sleep patterns, and heart rate. Smart jewelry offers sophisticated biometric monitoring features, making it a vital tool for fitness and health enthusiasts. In addition, the growing prevalence of chronic diseases necessitates continuous health monitoring. For instance, according tan article published by the Centers for Disease Control and Prevention (CDC) in February 2024, in the U.S., an estimated 129 million individuals have at least one major chronic disease.

Demand for fitness and wellness items would increase owing tthe rising popularity of these gadgets among professional and amateur athletes. Moreover, the industry is expected tprofit from rising public awareness regarding the advantages of wearable electronics, rising disposable incomes, and expanding smartphone penetration. The R&D efforts of several market participants further aid the growth opportunities. For example, market players such as Bellabeat Inc., RINGLY, and invisaWear offer smart jewelry products.

Market players implement strategic initiatives, such as expanding their distribution networks, product development and launches, and global footprint through partnerships and subsidiaries. Moreover, companies are investing in advanced technologies tenhance the functionality and accuracy of their products. For instance, in July 2024, Samsung introduced the Galaxy Ring, a novel and innovative wearable device. It uses tiny sensors ttrack various health metrics. The company launched this smart ring at its Galaxy Unpacked event.

Luxury Smart Jewelry Market Report Highlights
    • Based on application, the fitness tracking segment dominated the market in 2023 due tgrowing health and fitness awareness and rising internet and smartphone penetration
  • Based on product, smart rings dominated the market in 2023. The advantages associated with these rings, such as tracking and monitoring various health metrics such as blood oxygen levels, sleep patterns, heart rates, and temperature, are boosting adoption
  • Based on age group, the adult segment dominated the market in 2023. The growing awareness regarding health and fitness is rising, especially among the younger tech-savvy adults and working-class population, which drives the segment's growth
      • Based on distribution channels, the online segment dominated the market in 2023, owing tthe rising preference for e-commerce platforms due ttheir wide product selection, convenience, and easy accessibility
    • North America dominated the global market due tthe presence of a large number of major market players, and health-promoting devices, which support preventative care and assist in managing existing health issues, are in greater demand in the region
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
  1.1.1. Segment scope
  1.1.2. Regional scope
  1.1.3. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
  1.3.1. Purchased database
  1.3.2. GVR’s internal database
  1.3.3. Secondary sources
  1.3.4. Primary research
  1.3.5. Details of primary research
1.4. Information or Data Analysis
  1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.7. Research Assumptions
1.8. List of Secondary Sources
1.9. List of Primary Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segment Outlook
  2.2.1. Product outlook
  2.2.2. Application outlook
  2.2.3. Age group outlook
  2.2.4. Distribution channels outlook
  2.2.5. Regional outlook
2.3. Competitive Insights

CHAPTER 3. LUXURY SMART JEWELRY MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
  3.1.1. Parent market outlook
3.2. Market Dynamics
  3.2.1. Market driver analysis
  3.2.2. Market restraint analysis
3.3. Luxury Smart Jewelry: Market Analysis Tools
  3.3.1. Industry Analysis - Porter’s
  3.3.2. PESTLE Analysis
3.4. Regulatory Framework
3.5. Technology Timeline Analysis
3.6. Case Study Analysis

CHAPTER 4. LUXURY SMART JEWELRY MARKET SEGMENT ANALYSIS, BY PRODUCT, 2018 - 2030 (USD MILLION)

4.1. Definition and Scope
4.2. Product Market Share Analysis, 2023 & 2030
4.3. Segment Dashboard
4.4. Global Luxury Smart Jewelry Market, by Product, 2018 to 2030
4.5. Smart Rings
  4.5.1. Smart rings market estimates and forecasts, 2018 to 2030 (USD Million)
4.6. Smart bracelets
  4.6.1. Smart bracelets market estimates and forecasts, 2018 to 2030 (USD Million)
4.7. Smart necklaces
  4.7.1. Smart necklaces market estimates and forecasts, 2018 to 2030 (USD Million)
4.8. Others
  4.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)

CHAPTER 5. LUXURY SMART JEWELRY MARKET SEGMENT ANALYSIS, BY APPLICATION, 2018 - 2030 (USD MILLION)

5.1. Definition and Scope
5.2. Application Market Share Analysis, 2023 & 2030
5.3. Segment Dashboard
5.4. Global Luxury Smart Jewelry Market, by Application, 2018 to 2030
5.5. Fitness tracking
  5.5.1. Fitness tracking market estimates and forecasts, 2018 to 2030 (USD Million)
5.6. Heart rate monitoring
  5.6.1. Heart rate monitoring market estimates and forecasts, 2018 to 2030 (USD Million)
5.7. Sleep tracking
  5.7.1. Sleep tracking market estimates and forecasts, 2018 to 2030 (USD Million)
5.8. Stress and mood tracking
  5.8.1. Stress and mood tracking market estimates and forecasts, 2018 to 2030 (USD Million)
5.9. Others
  5.9.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)

CHAPTER 6. LUXURY SMART JEWELRY MARKET SEGMENT ANALYSIS, BY AGE GROUP, 2018 - 2030 (USD MILLION)

6.1. Definition and Scope
6.2. Age Group Market Share Analysis, 2023 & 2030
6.3. Segment Dashboard
6.4. Global Luxury Smart Jewelry Market, by Age Group, 2018 to 2030
6.5. Pediatric
  6.5.1. Pediatric market estimates and forecasts, 2018 to 2030 (USD Million)
6.6. Adult
  6.6.1. Adult market estimates and forecasts, 2018 to 2030 (USD Million)
6.7. Geriatric
  6.7.1. Geriatric market estimates and forecasts, 2018 to 2030 (USD Million)

CHAPTER 7. LUXURY SMART JEWELRY MARKET SEGMENT ANALYSIS, BY DISTRIBUTION CHANNELS, 2018 - 2030 (USD MILLION)

7.1. Definition and Scope
7.2. Distribution Channels Market Share Analysis, 2023 & 2030
7.3. Segment Dashboard
7.4. Global Luxury Smart Jewelry Market, by Distribution Channels, 2018 to 2030
7.5. Online
  7.5.1. Online market estimates and forecasts, 2018 to 2030 (USD Million)
7.6. Offline
  7.6.1. Offline market estimates and forecasts, 2018 to 2030 (USD Million)

CHAPTER 8. LUXURY SMART JEWELRY MARKET SEGMENT ANALYSIS, BY REGION, 2018 - 2030 (USD MILLION)

8.1. Regional Market Share Analysis, 2023 & 2030
8.2. Regional Market Dashboard
8.3. Regional Market Snapshot
8.4. Luxury Smart Jewelry Market Share by Region, 2023 & 2030:
8.5. North America
  8.5.1. North America luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.5.2. U.S.
    8.5.2.1. U.S. luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.5.3. Canada
    8.5.3.1. Canada luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.5.4. Mexico
    8.5.4.1. Mexico luxury smart jewelry market, 2018 - 2030 (USD Million)
8.6. Europe
  8.6.1. Europe luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.2. UK
    8.6.2.1. UK luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.3. Germany
    8.6.3.1. Germany luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.4. France
    8.6.4.1. France luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.5. Italy
    8.6.5.1. Italy luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.6. Spain
    8.6.6.1. Spain luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.7. Norway
    8.6.7.1. Norway luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.8. Sweden
    8.6.8.1. Sweden luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.6.9. Denmark
    8.6.9.1. Denmark luxury smart jewelry market, 2018 - 2030 (USD Million)
8.7. Asia Pacific
  8.7.1. Japan
    8.7.1.1. Japan luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.7.2. China
    8.7.2.1. China luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.7.3. India
    8.7.3.1. India luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.7.4. Australia
    8.7.4.1. Australia luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.7.5. South Korea
    8.7.5.1. South Korea luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.7.6. Thailand
    8.7.6.1. Thailand luxury smart jewelry market, 2018 - 2030 (USD Million)
8.8. Latin America
  8.8.1. Brazil
    8.8.1.1. Brazil luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.8.2. Argentina
    8.8.2.1. Argentina luxury smart jewelry market, 2018 - 2030 (USD Million)
8.9. MEA
  8.9.1. South Africa
    8.9.1.1. South Africa luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.9.2. Saudi Arabia
    8.9.2.1. Saudi Arabia luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.9.3. UAE
    8.9.3.1. UAE luxury smart jewelry market, 2018 - 2030 (USD Million)
  8.9.4. Kuwait
    8.9.4.1. Kuwait luxury smart jewelry market, 2018 - 2030 (USD Million)

CHAPTER 9. COMPETITIVE LANDSCAPE

9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Company Categorization
9.3. Company Profiles
  9.3.1. Oura Health Oy.
    9.3.1.1. Company overview
    9.3.1.2. Financial performance
    9.3.1.3. Product benchmarking
    9.3.1.4. Strategic initiatives
  9.3.2. RINGLY
    9.3.2.1. Company overview
    9.3.2.2. Financial performance
    9.3.2.3. Product benchmarking
    9.3.2.4. Strategic initiatives
  9.3.3. Samsung
    9.3.3.1. Company overview
    9.3.3.2. Financial performance
    9.3.3.3. Product benchmarking
    9.3.3.4. Strategic initiatives
  9.3.4. Motiv, Inc.
    9.3.4.1. Company overview
    9.3.4.2. Financial performance
    9.3.4.3. Product benchmarking
    9.3.4.4. Strategic initiatives
  9.3.5. Boat
    9.3.5.1. Company overview
    9.3.5.2. Financial performance
    9.3.5.3. Product benchmarking
    9.3.5.4. Strategic initiatives
  9.3.6. Zepp Health Corporation, Ltd.
    9.3.6.1. Company overview
    9.3.6.2. Financial performance
    9.3.6.3. Product benchmarking
    9.3.6.4. Strategic initiatives


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