The popularity of health and fitness tracking rings is increasing. A wide variety of options are available now, such as the Amazfit Helio, Samsung Galaxy Ring, and the soon-to-be-released Oura Ring Gen 4. Despite this growth, Garmin, a leader in premium smartwatches, has no intentions of entering this particular market.
Garmin's Position on Smart Rings
As reported by Wareable, Joe Schrick, Garmin's VP of Fitness, along with Scott Burgett, the Senior Director of Health Engineering, shared their views on smart rings during the Garmin Health Summit 2024 held in Prague. They believe that the only notable benefit of smart rings is their convenience. However, they argue that tracking activities around the clock using a ring instead of a smartwatch involves a significant trade-off, since smartwatches offer much more reliable and accurate data.
Advantages of Smartwatches
The main reason for this is the design of a smartwatch, which allows for more space to fit extra sensors and LEDs, leading to a better signal-to-noise ratio. This ultimately results in more accurate health information. In terms of battery longevity, Garmin's smartwatches reportedly provide much better performance compared to smart rings, which typically need to be recharged after about a week. Furthermore, the executives at Garmin mention another factor contributing to their lack of interest in smart rings: the current profitability of these devices is less favorable compared to their high-end smartwatches.
Conclusion
In conclusion, while the market for smart rings is expanding, Garmin remains focused on its successful smartwatch line, emphasizing the advantages of their products in delivering precise and reliable health tracking data.