What is Screen Sound Technology?
Screen Sound Technology is basically a technology which enables screens or displays to create sound using vibration and bone conduction. This Technology will revolutionize the consumer electronics such as smart phones, televisions, etc. Because the screen sound technology removes the need or necessity for a conventional speaker driver in phones or in televisions. The technology may face challenges as it is still in early developmental stages although some devices have already rolled out with inclusion of Screen Sound technology. Geographically, Asia Pacific is expected to biggest market because of large population and rising disposable income, as well as increasing number of smart phone users.
The market study is broken down by Type (Cantilever Piezoelectric Ceramic Sound and Screen Exciter Sound) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Electronics Co., Ltd. (South Korea), LG Electronics (South Korea), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), Sony Corporation (Japan), Google LLC, MKM DISPLAY (Poland), NXT (United Kingdom), Koninklijke Philips N.V. (Netherlands) and BBK Electronics Corporation (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sharp Corporation (Japan), Helvetic Vision Media Company (Switzerland) and Hisense Group (China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Screen Sound Technology market by Type, Application and Region.
On the basis of geography, the market of Screen Sound Technology 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). If we see Market by Device, the sub-segment i.e. Phone will boost the Screen Sound Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display Resolution , the sub-segment i.e. 8K will boost the Screen Sound Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2018, Google LLC, Multinational Tech Giant famous for its Search Engine had announced acquisition of United Kingdom based audio tech start up Redux Labs. Redux has been known to develop technology which enables screens of television or mobile phones to create sound.
In 2019, Sony Corporation, Global Giant in Consumer Electronics specifically Television Manufacturing has announced launch of its acoustic surface sound technology which will remove the need of conventional driver speakers in Television. This speakers will also be louder and provide enhanced viewing experience.
Market Trend
- Smart Phones is a Major Driving Segment of Screen Sound Technology
Market Drivers
- Increasing Disposable Income
- Advancement in Mobile Phone Technology
- Rising Number of Smart Phone Users
Opportunities
- Africa and Asia Pacific primarily South East Asia have Huge Potential to Grow because of Rising Disposable Income
Restraints
- Advanced Disruptive Technology
Challenges
- Early Stages in Development of Technology
Key Target Audience
Screen Sound Technology Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.