Global Sound Recognition Market to Reach $139.2 Billion by 2030
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
New York, May 05, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Sound Recognition Industry" - https://www.reportlinker.com/p06032951/?utm_source=GNW
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Sound Recognition Market to Reach $139.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Sound Recognition estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$139.2 Billion by 2030, growing at aCAGR of 70.6% over the period 2022-2030. Smartphones, one of the segments analyzed in the report, is projected to record 68.3% CAGR and reach US$87.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Tablets segment is readjusted to a revised 56.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $594.7 Million, While China is Forecast to Grow at 65.7% CAGR
The Sound Recognition market in the U.S. is estimated at US$594.7 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.7 Billion by the year 2030 trailing a CAGR of 65.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 61% and 56.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 41.8% CAGR.
Select Competitors (Total 33 Featured)
- Abilisense
- Amazon Web Services, Inc.
- Audio Analytic Ltd.
- Google
- IBM Corporation
- Microsoft Corporation
- Nuance Communications, Inc.
- OtoSense Inc.
- Reality AI
- Wavio
Read the full report: https://www.reportlinker.com/p06032951/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Sound Recognition - Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for Sound
Recognition by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 2: World 8-Year Perspective for Sound Recognition by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2023 & 2030
Table 3: World Recent Past, Current & Future Analysis for
Healthcare & Fitness by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2022 through 2030 and % CAGR
Table 4: World 8-Year Perspective for Healthcare & Fitness by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 5: World Recent Past, Current & Future Analysis for
Security & Surveillance by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2022 through 2030 and % CAGR
Table 6: World 8-Year Perspective for Security & Surveillance
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for
Automotive by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 8: World 8-Year Perspective for Automotive by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030
Table 9: World Recent Past, Current & Future Analysis for Other
Applications by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 10: World 8-Year Perspective for Other Applications by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 11: World Sound Recognition Market Analysis of Annual
Sales in US$ Thousand for Years 2014 through 2030
Table 12: World Recent Past, Current & Future Analysis for
Smartphones by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 13: World 8-Year Perspective for Smartphones by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 14: World Recent Past, Current & Future Analysis for
Tablets by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 15: World 8-Year Perspective for Tablets by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030
Table 16: World Recent Past, Current & Future Analysis for
Other Device Types by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2022 through 2030 and % CAGR
Table 17: World 8-Year Perspective for Other Device Types by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 18: World Recent Past, Current & Future Analysis for
Smart Home by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 19: World 8-Year Perspective for Smart Home by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in the United States for 2023 (E)
Table 20: USA Recent Past, Current & Future Analysis for Sound
Recognition by Device Type - Smartphones, Tablets and Other
Device Types - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 21: USA 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 22: USA Recent Past, Current & Future Analysis for Sound
Recognition by Application - Smart Home, Healthcare & Fitness,
Security & Surveillance, Automotive and Other Applications -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2022 through 2030 and % CAGR
Table 23: USA 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
CANADA
Table 24: Canada Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 25: Canada 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 26: Canada Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 27: Canada 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
JAPAN
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Japan for 2023 (E)
Table 28: Japan Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 29: Japan 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 30: Japan Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 31: Japan 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
CHINA
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in China for 2023 (E)
Table 32: China Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 33: China 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 34: China Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 35: China 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
EUROPE
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Europe for 2023 (E)
Table 36: Europe Recent Past, Current & Future Analysis for
Sound Recognition by Geographic Region - France, Germany,
Italy, UK and Rest of Europe Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2022 through 2030 and %
CAGR
Table 37: Europe 8-Year Perspective for Sound Recognition by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2023 & 2030
Table 38: Europe Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 39: Europe 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 40: Europe Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 41: Europe 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
FRANCE
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in France for 2023 (E)
Table 42: France Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 43: France 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 44: France Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 45: France 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
GERMANY
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Germany for 2023 (E)
Table 46: Germany Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 47: Germany 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 48: Germany Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 49: Germany 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
ITALY
Table 50: Italy Recent Past, Current & Future Analysis for
Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 51: Italy 8-Year Perspective for Sound Recognition by
Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 52: Italy Recent Past, Current & Future Analysis for
Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 53: Italy 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
UNITED KINGDOM
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in the United Kingdom for 2023 (E)
Table 54: UK Recent Past, Current & Future Analysis for Sound
Recognition by Device Type - Smartphones, Tablets and Other
Device Types - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 55: UK 8-Year Perspective for Sound Recognition by Device
Type - Percentage Breakdown of Value Sales for Smartphones,
Tablets and Other Device Types for the Years 2023 & 2030
Table 56: UK Recent Past, Current & Future Analysis for Sound
Recognition by Application - Smart Home, Healthcare & Fitness,
Security & Surveillance, Automotive and Other Applications -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2022 through 2030 and % CAGR
Table 57: UK 8-Year Perspective for Sound Recognition by
Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
REST OF EUROPE
Table 58: Rest of Europe Recent Past, Current & Future Analysis
for Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 59: Rest of Europe 8-Year Perspective for Sound
Recognition by Device Type - Percentage Breakdown of Value
Sales for Smartphones, Tablets and Other Device Types for the
Years 2023 & 2030
Table 60: Rest of Europe Recent Past, Current & Future Analysis
for Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 61: Rest of Europe 8-Year Perspective for Sound
Recognition by Application - Percentage Breakdown of Value
Sales for Smart Home, Healthcare & Fitness, Security &
Surveillance, Automotive and Other Applications for the Years
2023 & 2030
ASIA-PACIFIC
Sound Recognition Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Asia-Pacific for 2023 (E)
Table 62: Asia-Pacific Recent Past, Current & Future Analysis
for Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 63: Asia-Pacific 8-Year Perspective for Sound Recognition
by Device Type - Percentage Breakdown of Value Sales for
Smartphones, Tablets and Other Device Types for the Years 2023 &
2030
Table 64: Asia-Pacific Recent Past, Current & Future Analysis
for Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 65: Asia-Pacific 8-Year Perspective for Sound Recognition
by Application - Percentage Breakdown of Value Sales for Smart
Home, Healthcare & Fitness, Security & Surveillance, Automotive
and Other Applications for the Years 2023 & 2030
REST OF WORLD
Table 66: Rest of World Recent Past, Current & Future Analysis
for Sound Recognition by Device Type - Smartphones, Tablets and
Other Device Types - Independent Analysis of Annual Sales in
US$ Thousand for the Years 2022 through 2030 and % CAGR
Table 67: Rest of World 8-Year Perspective for Sound
Recognition by Device Type - Percentage Breakdown of Value
Sales for Smartphones, Tablets and Other Device Types for the
Years 2023 & 2030
Table 68: Rest of World Recent Past, Current & Future Analysis
for Sound Recognition by Application - Smart Home, Healthcare &
Fitness, Security & Surveillance, Automotive and Other
Applications - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 69: Rest of World 8-Year Perspective for Sound
Recognition by Application - Percentage Breakdown of Value
Sales for Smart Home, Healthcare & Fitness, Security &
Surveillance, Automotive and Other Applications for the Years
2023 & 2030
IV. COMPETITION
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