Networked Sound Masking Systems Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Cambridge Sound Management, Soft DB, K.R.Moeller Associates

Registering a CAGR of 4.9% over the forecast period, the market value of Networked Sound Masking Systems is expected to reach US$ 310 million in the year 2027.

Networked Sound Masking Systems Market Overview

Occupational acoustics has emerged as one of the most important aspects of a company's efforts to boost productivity, privacy, and employee comfort. As a result, installing audio concealing systems in the workplace allows employees to speak privately in both public and private offices. A soundcard system is a stand-alone system that includes speakers, a hardware module, flexible sensors, and amplifiers that add undetectable noise to the intruder. The systems use a speaker system to produce a soft, unobtrusive background sound. The noise level in the surrounding area becomes uniform, preventing unwanted conversations and other noise interference. This reduces distractions and allows employees to focus better, resulting in better results and the production of a product.

The growing demand for smart spaces and buildings in the workplace, as well as advancements in building systems such as quieter HVAC systems, is driving the networked sound masking system market. The demand for high-quality ceiling tiles and improved design techniques for reducing ambient background noise is also driving the networked sound masking system market. The need for additional speech privacy in networked sound masking systems presents a market opportunity for networked sound masking systems.

The rising demand to improve productivity, privacy, and comfort, particularly in workplaces such as offices and banks, has primarily fueled the Market. Furthermore, the growing demand for smart spaces and buildings in the workplace, as well as technological advancements in building systems such as quieter HVAC systems, have boosted market growth. The rising demand to maintain and protect private conversations is expected to boost the market even further.

The report aspects discussed the profile of the top manufacturers of the global Networked Sound Masking Systems market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Networked Sound Masking Systems Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Networked Sound Masking Systems Market?

The global Networked Sound Masking Systems includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Cambridge Sound Management, Soft DB, K.R.Moeller Associates, Lencore, Soundmask, AtlasIED, Speech Privacy Systems, AET and others.

Industry News and Updates:

Soft dB’s SMS-SURF4 Sound Masking Speaker Now Meets City of Chicago Environmental Air (CCEA) Standards for Plenum Installation

In August 2019, Soft dB introduced the SMS-SURF4 sound masking speaker to the market. The device complies with CCEA regulations (City of Chicago Environmental Air).

What are the major Applications, Types, and Regions for the Networked Sound Masking Systems Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• In Ceiling System


• Under Floor System


• Other

By Application, it is segmented into

• Hospitals & Healthcare


• Hotels


• Offices


• Education


• Other

Market Drivers:

There is an increasing demand for a cost-effective way for people to provide a relaxing background sound while also protecting their private conversations.

The growing demand for smart workplace spaces and buildings, as well as advancements in building systems such as quieter HVAC systems, demand for high-quality ceiling tiles and improved design strategies for reducing ambient background sound, and demand for increased speech privacy

Networked Sound Masking Systems Market Regional Analysis

With a value of USD 20.82 million in 2019, the United States was the second-largest market, and it is expected to grow at a CAGR of 6.2 percent in the coming years. The increased use of sound masking equipment by SMEs, as well as significant technological developments in the healthcare, BSFI, and education sectors, may be attributed to market growth.

The Asia Pacific market, which accounted for approximately 25% of the market in 2019, is expected to grow at a CAGR of around 5.80% over the forecast period. Countries such as China, Japan, and India drive the market, with China having the largest market share of approximately 22 % in 2019. Companies in China are heavily investing to gain a foothold in the market. Chinese companies are aggressively investing in sound masking technology to increase workplace efficiency and productivity, which is expected to help them keep up with changing technological trends.

Europe, which is expected to grow at 1.50 % throughout the forecast period, is largely driven by countries such as Germany, the United Kingdom, France, Spain, and others, with Germany holding 15 % in 2019. The use of sound masking systems is expected to increase in Europe as the hotel industry expands, owing to rising revenue per available room (RevPAR) and an increase in the number of hotel exhibits.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Networked Sound Masking Systems Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Networked Sound Masking Systems Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Networked Sound Masking Systems Market report scope?

Scope of the Report covers Networked Sound Masking Systems Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Networked Sound Masking Systems Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Report Attributes	Report Details
Report Title	Networked Sound Masking Systems Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Cambridge Sound Management, Soft DB, K.R.Moeller Associates
Forecast Period 2022 to 2027 CAGR	CAGR of 4.9% over the forecast period (2022-2027)
By Type	In Ceiling System Under Floor System Other
By Application	Hospitals & Healthcare Hotels Offices Education Other
By Companies	Cambridge Sound Management, Soft DB, K.R.Moeller Associates, Lencore, Soundmask, AtlasIED, Speech Privacy Systems, AET
Regions Covered	North America Europe Asia-Pacific Rest of the World
Countries Covered	US Canada Germany France UK Italy Spain Rest of Europe China Japan India Australia South Korea Rest of Asia-Pacific Middle East & Africa Latin America
Base Year	2022
Historical Year	2017 to 2021
Forecast Year	2022 to 2027
Number of Pages	132
Customization Available	Yes, the report can be customized as per your needs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Takeaways from this Networked Sound Masking Systems Report

• Evaluate Networked Sound Masking Systems market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Networked Sound Masking Systems market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Networked Sound Masking Systems Market is studied from 2017 - 2027.

What is the growth rate of the Networked Sound Masking Systems Market?

The Networked Sound Masking Systems Market is growing at a CAGR of 4.9% over the next 5 years.

Who are the key players in Networked Sound Masking Systems Market?

Cambridge Sound Management, Soft DB, K.R.Moeller Associates, Lencore, Soundmask, AtlasIED, Speech Privacy Systems, AET

What regions does this Networked Sound Masking Systems Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Networked Sound Masking Systems Market?

In Ceiling System, Under Floor System, Other

What are the major end-use applications of Networked Sound Masking Systems Market?

Hospitals & Healthcare, Hotels, Offices, Education, Other

All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.