Jewelry industry

Global Smart Jewelry Industry Expected to Hit $340 Million by 2027 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Smart Jewelry Market Research Report by Operating System (Android, Compatible Systems, and IOS), Application, Distribution Channel, Region (Americas, Asia-Pacific, and Europe, Middle East, and Africa) – Global Forecast until 2027 – Cumulative impact of COVID -19″ report has been added to from ResearchAndMarkets.com offer.

The global smart jewelry market size was estimated at USD 189.55 million in 2021, USD 208.67 million in 2022, and is projected to grow at a CAGR of 10.26% to reach USD 340.68 million by 2027 .

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix rates and categorizes vendors in the Smart Jewelry Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Quality Ratio -price, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

The report provides information about the following pointers:

1. Market Penetration: Provides comprehensive information about the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments

3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players

5. Product Development and Innovation: Provides smart insights into future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the global smart jewelry market?

2. What are the inhibiting factors and impact of COVID-19 on the global smart jewelry market during the forecast period?

3. What are the products/segments/applications/areas to invest in during the forecast period in the Global Smart Jewelry Market?

4. What is the competitive strategic window for opportunities in the Global Smart Jewelry Market?

5. What are the technology trends and regulatory frameworks in the global smart jewelry market?

6. What is the market share of the major vendors in the global smart jewelry market?

7. Which modes and strategic moves are considered suitable for entering the global smart jewelry market?

Market dynamics

Drivers

  • Innovative perspective of smart jewelry

  • Increasing use of portable devices

Constraints

  • Limited acceptance of smart jewelry products

Opportunities

  • Evolution of digital technology embedded in the fashion jewelry industry

Challenges

  • High price associated with smart jewelry

Companies cited

  • arcus

  • GalaGreat

  • GEAK

  • Jakcom Technology

  • Kerv

  • Connection bar ring

  • McLear Ltd.

  • Moodmetric

  • MOTA

  • Mycestro

  • neyya

  • nod ring

  • RHL Vision Technologies Pvt

  • Ring theory

  • Alarm

  • Mermaid

  • thumb track

  • VINAYA Technologies

  • V-ring

  • Crowd Xin (CN)

For more information on this report, visit https://www.researchandmarkets.com/r/rsd3vg

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