What is Smart Musical Instruments Market Scope?
Smart musical instruments are Internet of Musical Things devices for music creation. These devices generally consist of sensors, actuators, embedded intelligence, and wireless connectivity to local networks and to the Internet. They have the capability of connecting through different smart devices such as smartphones, tablets, and laptops.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Roland Corporation (Japan), Yamaha Corporation (Japan), Arterfacts (United Kingdom), Casio Computer Co., Ltd. (Japan), Kawai Musical Instruments Mfg (Japan), Modern Ancient Instruments Networked AB (Sweden), Zivix LLC (United States), Kickstarter (Hong Kong), Pearl Musical Instrument Co. (United Kingdom) and CME (Singapore) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Smart Musical Instruments market study is being classified by Type (Key Instruments, String Instruments, Percussion Instruments, Air Blown Instruments and Others), by Application (Professional Performance, Learning and Training and Individual) and major geographies with country level break-up.
Roland Corporation (Japan), Yamaha Corporation (Japan), Arterfacts (United Kingdom), Casio Computer Co., Ltd. (Japan), Kawai Musical Instruments Mfg (Japan), Modern Ancient Instruments Networked AB (Sweden), Zivix LLC (United States), Kickstarter (Hong Kong), Pearl Musical Instrument Co. (United Kingdom) and CME (Singapore) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Artiphon (United States), Gibson Brands, Inc. (United States), inMusic, Inc. ( United States), Steinway Musical Instruments, Inc. (United States), Audiotonix Limited (United Kingdom) and Pats Music Store (Australia).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Smart Musical Instruments market by Type, Application and Region.
On the basis of geography, the market of Smart Musical Instruments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On October 23, 2018, Liverpool startup Arterfacts, pioneered in a smart musical instrument provides an innovative way to learn, play and compose music, with support from the Activate program, using Internet of Things (IoT) technology, It allows users to play keyboard, string, percussion, and wind instruments through attached touch-screen, mouthpiece, and by changing its position.
Influencing Market Trend
- Increasing Penetration of Motion Sensors
Market Drivers
- Rising Adoption of Music as a Carrier and Hobby in Adolescents
- Rising Number of Live Music Concerts, and Music Reality Shows
- Changing Consumer Behaviour towards Music and Increasing Disposable Income
Opportunities
- Growing Number of Cultural and International Musical Concerts
Restraints
- High Cost of the Smart Musical Instruments and Longer Replacement Cycles
Challenges
- Lack of interest among the customers for purchasing the instruments
Key Target Audience
Smart Musical Instruments Manufacturers, Components and Parts Suppliers, Distributors/Exporters/Importers, End-Use Industry and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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