Samsung brings tech's latest fashion to wearable technology with AI twists in new watch and ring

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Samsung is dressing up its wearable devices in technology’s latest fashion — artificial intelligence.

Samsung Galaxy Watch Ultra is displayed during a media preview at Samsung Galaxy Experience space, Tuesday, July 9, 2024, in New York. Samsung is dressing up its wearable devices in technology's latest fashion artificial intelligence. – Samsung is dressing up its wearable devices in technology's latest fashion — artificial intelligence.

Both Samsung's watch and ring are leaning on AI to do a better job of analyzing biometric data collected from the person wearing the devices to customize assessments of their well-being through an “energy score” that will deliver ratings on a one to 100 scale and also make recommendations like a virtual fitness coach. Most of the information will be collected on the devices themselves.

The health benefits associated with wearable technology have helped spur more people to buy smartwatches, with worldwide sales of the devices expected to approach about $29 billion this year, based on a forecast by the research firm Gartner Inc. That translates to roughly 164 million new smartwatches being worn on wrists this year, with Gartner predicting the annual sales volume sold will rise to 195 million in 2028.

The firm expects a small segment that includes smart rings to generate $2.4 billion in sales this year and eventually rise to about $4.6 billion in 2028.

 

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