Smart Rings Surge in Popularity for Health Tracking, But Unlikely to Replace Smartwatches Soon
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Smart rings like Oura are gaining popularity for their compact size and ability to track health metrics like sleep, heart rate, temperature. Sales have surged during the pandemic.
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However, analysts say smart rings aren't likely to replace smartwatches yet, as watches have more features like notifications and respond to texts.
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Smart rings may be more convenient for 24/7 wear and accurate sleep tracking. Many use them alongside smartwatches for different purposes.
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Smart rings have potential for advanced health tracking with more sensors packed into small device. Companies are adding new features via software updates without needing new hardware.
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Future smart rings may enable contactless payments, connect with AR/VR, and integrate with smart home devices. As tech improves and prices drop, smart ring adoption could triple in next 5 years.