I had the Oura ring for over two years, but now I will be buying Samsung new smart ring ASAP. The company is truly a trend setter and looks to dominate the wearable market.
Samsung is integrating artificial intelligence into its wearable devices, including its first premium smartwatch and a new smart ring. These AI-enhanced devices aim to help users monitor and manage their health more effectively. The Galaxy Watch Ultra, priced at $650, and the Galaxy Ring, priced at $400, represent Samsung’s ongoing effort to incorporate AI technology into its products, following the introduction of AI features in its smartphones six months ago.
#BreakingNews #LatestNews #NewsUpdate #NewsFlash Samsung brings tech’s latest fashion to wearable technology with AI twists in new watch and ring https://t.co/Dee8uurxtY
— Latest Free News (@latestfreenews) July 20, 2024
The AI capabilities in these devices focus on improving health monitoring by analyzing biometric data and providing personalized health assessments through an “energy score.” This score, ranging from one to 100, will offer health recommendations similar to a virtual fitness coach. While some data will be processed locally on the devices, sensitive information will still be sent to remote computing centers protected by Samsung’s robust security platform.
The Galaxy Watch Ultra stands out with advanced features like sleep apnea detection, while the Galaxy Ring offers a longer battery life of six to seven days between charges. Despite entering a crowded smartwatch market dominated by Apple, Samsung aims to leverage its existing user base of over 60 million Samsung Health app users.
#Samsung becomes first #tech giant to launch a smart ring – It launched the #wearable #device at its #GalaxyUnpacked event on Wednesday as the latest addition to its ecosystem of devices it says it is “supercharging” with #AIhttps://t.co/rvMfUxwDsB
article by @BBCTech pic.twitter.com/kZwt3OlDh3
— Cellular Solutions (@CellularSol) July 19, 2024
The global smartwatch market is expected to generate approximately $29 billion in sales this year, with an estimated 164 million new smartwatches sold. This number is projected to grow to 195 million by 2028. Conversely, the smart ring market, currently led by startups like Oura and RingConn, remains a niche segment with Gartner predicting sales to rise from $2.4 billion this year to $4.6 billion in 2028.
The Galaxy Ring, available in nine sizes, is limited to Google’s Android operating system, excluding iPhone users who are typically eager to explore new technology. Samsung is also updating its foldable phone, the Galaxy Z Fold 6, priced at $1,900, featuring enhanced camera and AI functions to appeal to a niche market.
Key Points:
- The Galaxy Watch Ultra ($650) and Galaxy Ring ($400) use AI for personalized health assessments.
- The Galaxy Watch Ultra features advanced capabilities like sleep apnea detection.
- The Galaxy Ring offers a long battery life of six to seven days.
- The smartwatch market is projected to reach $29 billion in sales this year, with smart rings expected to grow to $4.6 billion by 2028.
- Samsung faces a union strike in South Korea demanding higher pay and benefits, though production remains unaffected.
TL Holcomb – Reprinted with permission of Whatfinger News
