Samsung has made significant advancements in wearable technology with the release of its latest AI-infused smartwatch and smart ring. The Galaxy Watch Ultra, priced at $650, and the Galaxy Ring, priced at $400, have been designed to incorporate artificial intelligence features that assist users in monitoring and managing their health.
This development demonstrates Samsung’s ongoing efforts to integrate AI into its devices, capitalizing on the technology’s increasing influence in the tech industry. The integration of AI into essential devices has become a prevalent trend, with competitors such as Google, Apple, and Microsoft already implementing the technology in their products.
The primary focus of Samsung’s new premium watch and ring is to enhance personal health by utilizing AI to analyze biometric data collected from the wearer. These devices will provide users with a personalized “energy score” and offer recommendations, effectively acting as a virtual fitness coach. The Galaxy Watch Ultra is particularly noteworthy for its advanced feature that can detect sleep apnea, while the Galaxy Ring stands out for its extended battery life of six to seven days.
Despite Samsung’s efforts, the company faces formidable competition in the smartwatch market, which is currently dominated by Apple. However, the appeal of health benefits associated with wearable devices has led to an increasing number of consumer purchases. According to Gartner Inc., worldwide smartwatch sales are projected to reach approximately $29 billion this year, with an expected annual sales volume of 195 million units by 2028.
In contrast, the smart ring market remains an emerging category, with startups like Oura and RingConn leading the way. Gartner anticipates the segment to generate approximately $2.4 billion in sales this year, with a projected rise to $4.6 billion by 2028. It is important to note that the Galaxy Ring is limited to users with Google’s Android operating system and may not be compatible with iPhone users, despite its availability in nine different sizes.
Aside from wearable technology, Samsung has also launched the latest iteration of the Galaxy Z Fold—the Galaxy Z Fold 6. Priced at $1,899.99, this foldable phone is equipped with dual display screens, enhanced camera features, and AI capabilities, catering to a niche market of tech enthusiasts.
Samsung’s venture into AI-enabled wearable technology reflects a strategic move to maintain a competitive edge in today’s rapidly evolving tech landscape. As the demand for health-centric wearable devices continues to grow, the integration of AI is poised to play a pivotal role in shaping the future of wearable technology.