Sound Recognition Market Size, Share & Trends Analysis Report By Application (Automotive, Healthcare & Fitness, Security & Surveillance), By Device (Smartphones, Hearables), And Segment Forecasts, 2019 - 2025

Published: Dec, 2019 | Pages: 100 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global sound recognition market size is expected to reach USD 4.42 billion by 2025, exhibiting a CAGR of 75.8% over the forecast period, according to a new report published by Grand View Research, Inc. Sound recognition runs on inexpensive microcontrollers that result in a low bill of materials, thereby providing an economical solution. It is highly flexible since it can detect various sounds and allows users to add their sound event classifiers, thereby providing easy customization of sound event. Thus, high flexibility and low cost are expected to propel the market growth.

Sound recognition technology is used for various purposes, such as music recognition and speech recognition among others. Increasing adoption across applications such as for monitoring and surveillance system for automatic alarm detection and rising use in smart safety solutions are the factors expected to drive the market growth. Other factors, such as increasing adoption of advanced technologies including Artificial Intelligence (AI), machine learning, Internet of Things (IoT), and others, are anticipated to further drive the adoption of sound recognition in the forthcoming years.

The artificial intelligence-based sound recognition technology is expected to register a high CAGR over the forecast period. This is due to increasing involvement of market vendors in developing sound recognizing products integrated with intelligent technology to provide customers with ease and flexibility. In the application segment, the automotive section is expected to gain moderate traction. This is due to factors such as integration of sound recognition technology in autonomous cars to recognize sounds inside and outside the car and improve safety.

Further key findings from the report suggest:

• Increasing adoption of sound recognition technology for emergency vehicle detection condition monitoring and wear detection, amongst others are factors driving growth of the automotive segment

• Benefits such as high efficiency due to edge processing and high control and awareness with the help of real-time analytics are driving the sound recognition market growth

• Vendors in the Europe market are gaining a competitive edge in the market by receiving substantial investments from companies such as Cambridge Innovation Capital plc and IQ Capital for enhancing their exiting sound recognition technology

• Wavio, OtoSense, abilisense, Reality AI, and Audio Analytic Ltd. are some of the key plyayers operating in the market

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation & Scope
                 1.2 Market Definition
                 1.3 Information Procurement
                 1.4 Information Analysis
                 1.5 Market formulation & data visualization
                     1.5.1 Secondary sources & third-party perspectives
                     1.5.2 Primary research
                 1.6 Research Scope & Assumptions
Chapter 2 Executive Summary
                 2.1 Market Outlook
Chapter 3 Sound Recognition Market Variables, Trends & Scope
                 3.1 Penetration & Growth Prospect Mapping
                     3.1.1 Market Growth Prospects
                     3.1.2 Market Penetration Mapping
                 3.2 Industry Value Chain Analysis
                 3.3 Market Dynamics
                     3.3.1 Market driver analysis
                         3.3.1.1 Increasing adoption of sound recognition in smart home devices
                         3.3.1.2 Increasing integration of sound recogniton across various devices
                 3.4 Market restraint analysis
                     3.4.1 Lack of awareness
                 3.5 Sound Recognition Market Analysis Tools
                     3.5.1 Industry Analysis - Porter's
                         3.5.1.1 Supplier Power
                         3.5.1.2 Buyer Power
                         3.5.1.3 Substitution Threat
                         3.5.1.4 Threat from new entrant
                         3.5.1.5 Competitive rivalry
                 3.6 PEST Analysis
                     3.6.1 Political Landscape
                     3.6.2 Economic Landscape
                     3.6.3 Social Landscape
                     3.6.4 Technology Landscape
                     3.6.5 Major Deals & Strategic Alliances Analysis
Chapter 4 Sound Recognition Market: Device Movement Analysis
                 4.1 Smartphones
                     4.1.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                 4.2 Tablets
                     4.2.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                 4.3 Smart home devices
                     4.3.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                 4.4 Smart speakers
                     4.4.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                 4.5 Connected cars
                     4.5.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                 4.6 Hearables
                     4.6.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                 4.7 Smart Wristbands
                     4.7.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
Chapter 5 Sound Recognition: Application Estimates and Trend Analysis
                 5.1 Sound Recognition Market: Application Movement Analysis
                     5.1.1 Automotive
                         5.1.1.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                     5.1.2 Healthcare and Fitness
                         5.1.2.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                     5.1.3 Smart Home
                         5.1.3.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                     5.1.4 Safety and Security
                         5.1.4.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                     5.1.5 Others
                         5.1.5.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
Chapter 6 Sound Recognition: Regional Estimates & Trend Analysis
                 6.1 North America
                     6.1.1 North America sound recognition market, 2014 - 2025
                     6.1.2 U.S.
                         6.1.2.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.1.2.3 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.1.3 Canada
                         6.1.3.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.1.3.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.1.4 Mexico
                         6.1.4.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.1.4.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                 6.2 Europe
                     6.2.1 Europe sound recognition market, 2014 - 2025
                     6.2.2 U.K.
                         6.2.2.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.2.2.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.2.3 Germany
                         6.2.3.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.2.3.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.2.4 France
                         6.2.4.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.2.4.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                 6.3 Asia Pacific
                     6.3.1 Asia Pacific sound recognition market, 2014 - 2025
                     6.3.2 China
                         6.3.2.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.3.2.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.3.3 Japan
                         6.3.3.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.3.3.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.3.4 India
                         6.3.4.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.3.4.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                 6.4 South America
                     6.4.1 South America sound recognition market, 2014 - 2025
                     6.4.2 Brazil
                         6.4.2.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.4.2.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.4.3 Argentina
                         6.4.3.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.4.3.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                 6.5 MEA
                     6.5.1 MEA sound recognition market, 2014 - 2025
                     6.4.2 UAE
                         6.4.2.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.4.2.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
                     6.4.3 Saudi Arabia
                         6.4.3.1 Market Estimates and Forecasts, by device from 2014 to 2025 (USD Million)
                         6.4.3.2 Market Estimates and Forecasts, by application from 2014 to 2025 (USD Million)
Chapter 7 Competitive Landscape
                 7.1 Audio Analytic Ltd.
                     7.1.1 Company overview
                     7.1.2 Financial performance
                     7.1.3 Product benchmarking
                     7.1.4 Recent developments
                 7.2 AbiliSense
                     7.2.1 Company overview
                     7.2.2 Financial performance
                     7.2.3 Product benchmarking
                     7.2.4 Recent developments
                 7.3 OtoSense
                     7.3.1 Company overview
                     7.3.2 Financial performance
                     7.3.3 Product benchmarking
                     7.3.4 Recent developments
                 7.4 Reality AI
                     7.4.1 Company overview
                     7.4.2 Financial performance
                     7.4.3 Product benchmarking
                     7.4.4 Recent developments
                 7.5 Wavio
                     7.5.1 Company overview
                     7.5.2 Financial performance
                     7.5.3 Product benchmarking
                     7.5.4 Recent developments

List of Tables

TABLE 1 Sound Recognition Market Outlook
TABLE 2 Global sound recognition market, 2014 - 2025 (USD Million)
TABLE 3 Global sound recognition market by region, 2014 - 2025 (USD Million)
TABLE 4 Global sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 5 Global sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 6 Sound recognition - Key market driver impact
TABLE 7 Sound recognition - Key market restraint impact
TABLE 8 Global automotive sound recognition market by region, 2014 - 2025 (USD Million)
TABLE 9 Global healthcare and fitness sound recognition market by region, 2014 - 2025 (USD Million)
TABLE 10 Global smart home sound recognition market by region, 2014 - 2025 (USD Million)
TABLE 11 Global safety and security sound recognition market by region, 2014 - 2025 (USD Million)
TABLE 12 Global others sound recognition market by region, 2014 - 2025 (USD Million)
TABLE 13 North America sound recognition market, 2014 - 2025 (USD Million)
TABLE 14 North America sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 15 North America sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 16 U.S. sound recognition market, 2014 - 2025 (USD Million)
TABLE 17 U.S. sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 18 U.S. sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 19 Canada sound recognition market, 2014 - 2025 (USD Million)
TABLE 20 Canada sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 21 Canada sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 22 Mexico sound recognition market, 2014 - 2025 (USD Million)
TABLE 23 Mexico sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 24 Mexico sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 25 Europe sound recognition market, 2014 - 2025 (USD Million)
TABLE 26 Europe sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 27 Europe sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 28 U.K. sound recognition market, 2014 - 2025 (USD Million)
TABLE 29 U.K. sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 30 U.K. sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 31 Germany sound recognition market, 2014 - 2025 (USD Million)
TABLE 32 Germany sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 33 Germany sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 34 France sound recognition market, 2014 - 2025 (USD Million)
TABLE 35 France sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 36 France sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 37 Asia Pacific sound recognition market, 2014 - 2025 (USD Million)
TABLE 38 Asia Pacific sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 39 Asia Pacific sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 40 China sound recognition market, 2014 - 2025 (USD Million)
TABLE 41 China sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 42 China sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 43 Japan sound recognition market, 2014 - 2025 (USD Million)
TABLE 44 Japan sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 45 Japan sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 46 India sound recognition market, 2014 - 2025 (USD Million)
TABLE 47 India sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 48 India sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 49 South America sound recognition market, 2014 - 2025 (USD Million)
TABLE 50 South America sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 51 South America sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 52 Brazil sound recognition market, 2014 - 2025 (USD Million)
TABLE 53 Brazil sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 54 Brazil sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 55 Argentina sound recognition market, 2014 - 2025 (USD Million)
TABLE 56 Argentina sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 57 Argentina sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 58 MEA sound recognition market, 2014 - 2025 (USD Million)
TABLE 59 MEA sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 60 MEA sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 61 UAE sound recognition market, 2014 - 2025 (USD Million)
TABLE 62 UAE sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 63 UAE sound recognition market by application, 2014 - 2025 (USD Million)
TABLE 64 Saudi Arabia sound recognition market, 2014 - 2025 (USD Million)
TABLE 65 Saudi Arabia sound recognition market by device, 2014 - 2025 (USD Million)
TABLE 66 Saudi Arabia sound recognition market by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market segmentation & scope
FIG. 2 Research process
FIG. 3 Market Formulation
FIG. 4 Sound recognition market size and growth prospects (USD Million)
FIG. 5 Sound recognition market penetration mapping, 2025
FIG. 6 Sound recognition - Value chain analysis
FIG. 7 Market dynamics
FIG. 8 Regional outlook, 2018 & 2025