Market Overview:
The global intelligent sound market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart speakers and headphones, rising adoption of voice-activated assistants, and growing trend of wireless audio streaming. The global intelligent sound market by type is segmented into Bluetooth and non-Bluetooth devices. The Bluetooth segment is expected to grow at a higher CAGR than the non-Bluetooth segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for Bluetooth devices due their low power consumption and easy connectivity options. The global intelligent sound market by application is divided into home, office, and others segments. The home segment accounted for majority share of the global intelligent sound market in 2017 and is projected to maintain its dominance during the forecast period from 2018to 2030 owingto rising adoption of voice-activated assistants such as Amazon Echo (US)and Google Home (US).
Product Definition:
The definition of Intelligent Sound is sound that has been manipulated to be more pleasing to the ear. The importance of Intelligent Sound is that it can help to improve the quality of audio recordings, and can make them sound more natural.
Bluetooth:
Bluetooth is a wireless technology for connecting two devices, such as smartphones, tablets or computers. It helps in transferring audio and video files from one device to another. The technology has been around for more than 10 years but the market has only recently started to mature. Bluetooth's growth can be attributed to its increasing usage in consumer electronics and automotive applications along with the emergence of new products based on the standard including headphones, speakers and headsets.
Non-bluetooth:
Non-bluetooth is a technology that enables wireless communication without the help of Bluetooth. It uses WiMedia (Wired Media) and/or RFS (Radio Frequency Identification) technologies for its data transfer. The non-bluetooth devices can connect to other products using these technologies, which are widely used in smart home applications as well as automobile applications.
Application Insights:
The home application segment dominated the global intelligent sound market in 2017. The use of smart speakers at homes has increased significantly since the launch of various devices by different manufacturers, including Google, Amazon and Apple. These devices enable users to play music from a smartphone or tablet over Wi-Fi networks and loudspeakers. As a result, users can control their music directly from their smartphones or tablets without having to go through the remote control device each time. Moreover, these smart speakers support third-party applications that enable them to perform additional functions such as weather forecast and news updates read out loud through voice recognition technology.
Regional Analysis:
North America dominated the global intelligent sound market in 2017. The growth can be attributed to increasing product launches, coupled with growing popularity of smart home and IoT technologies. For instance, in October 2018, Nest launched a new line of products under the brand name ‘Nest Sound’ that includes three smart speakers (Soundstage+, Soundbase+, and Spot) and a smoke detector (Smart Wi-Fi). These products incorporate Google Assistant built-in along with Amazon Alexa technology for voice control assistance. Furthermore, North America is one of the largest markets for Bluetooth devices owing to high adoption rate of this technology across various applications such as automobiles and headphones.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income levels among consumers especially in developing countries such as India and China.
Growth Factors:
- Increasing demand for intelligent sound systems in automobiles
- Rising demand from the commercial sector for intelligent sound systems
- Proliferation of digital audio technologies and platforms
- Growing popularity of surround sound and home theater systems
- Increasing number of music festivals and concerts
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Sound Market Research Report
By Type
Bluetooth, Non-bluetooth
By Application
Home, Office, Others
By Companies
Amazon, Google, Apple, Microsoft, Xiaomi, Alibaba, Baidu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Sound Market Report Segments:
The global Intelligent Sound market is segmented on the basis of:
Types
Bluetooth, Non-bluetooth
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Office, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amazon
- Google
- Apple
- Microsoft
- Xiaomi
- Alibaba
- Baidu
Highlights of The Intelligent Sound Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bluetooth
- Non-bluetooth
- By Application:
- Home
- Office
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Sound Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intelligent Sound is a technology that uses sound waves to control devices. It can be used for tasks such as controlling lights, opening doors, and turning on appliances.
Some of the major companies in the intelligent sound market are Amazon, Google, Apple, Microsoft, Xiaomi, Alibaba, Baidu.
The intelligent sound market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Sound Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Intelligent Sound Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Sound Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Intelligent Sound Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Intelligent Sound Market Size & Forecast, 2020-2028
4.5.1 Intelligent Sound Market Size and Y-o-Y Growth
4.5.2 Intelligent Sound Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bluetooth
5.2.2 Non-bluetooth
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home
6.2.2 Office
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Sound Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intelligent Sound Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bluetooth
9.6.2 Non-bluetooth
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home
9.10.2 Office
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bluetooth
10.6.2 Non-bluetooth
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home
10.10.2 Office
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bluetooth
11.6.2 Non-bluetooth
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home
11.10.2 Office
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bluetooth
12.6.2 Non-bluetooth
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home
12.10.2 Office
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bluetooth
13.6.2 Non-bluetooth
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home
13.10.2 Office
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intelligent Sound Market: Competitive Dashboard
14.2 Global Intelligent Sound Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon
14.3.2 Google
14.3.3 Apple
14.3.4 Microsoft
14.3.5 Xiaomi
14.3.6 Alibaba
14.3.7 Baidu
