Networked sound masking systems market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. Increasing application of networked sound masking among various end-user industries such as hospitals, and corporate offices drives the market growth. A sound masking system is a stand-alone system that includes speakers, hardware, adaptive sensors, and amplifiers to add unobtrusive sound to an environment to conceal unwanted disruptive noises. In addition, the rising need for a cost-effective way for the general public to give a nice background sound while simultaneously preserving their private talks is opening up new opportunities in the sound masking system industry. For instance, Qualcomm and Bose deliver unparalleled wireless audio experiences, by integrating Qualcomm’s S5 Audio SoC, in homes, offices, and the car. S5 Audio SoC provides robust connectivity, ultra-low power and advanced processing for Bose audio products, enabling key voice and seamless sound experiences, in September 2022.
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Based on type, the non-network sound system is projected to register a significant CAGR during the forecast period. The growth is mainly attributed owing to its numerous properties such as its self-contained that provides superior sound quality, giving comfort and speech privacy. It is suitable for personal use or niche applications such as home offices, waiting rooms, and rooms smaller than 500 square feet. Moreover, the rise in the number of corporate offices, and the increasing rate of stress in employees during working hours, is another factor that boosts the segment growth. As the non-network sound system provides peace full working environment to employees, which consequently increases their productivity and efficiency. In a survey conducted by Sound United LLC, among 2000 Americans in 2020, 58% of people stated that music improves their ability to work, and 32% stated that they become better employee.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Networked Sound Masking Systems Market Report Segment
By Type
- Networked
- Non-Networked
By System
- In Ceiling System
- Under Floor System
By Application
- Hospitals
- Hotels
- Offices
- Education
- Others(residential)
Global Networked Sound Masking Systems Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global networked sound masking systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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