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The smart musical instruments market is forecasted to grow by USD 20.44 th during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the smart musical instruments market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumer spending on music-related activities, surge in sales of smart musical instruments through online distribution channel, and increasing adoption of smart musical instruments as they enable faster learning.
The smart musical instruments market is segmented as below:
By Technology
- Connected instruments
- Wearables
By End-user
- Professionals
- Hobbyists
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the smart musical instruments market covers the following areas:
- Smart musical instruments market sizing
- Smart musical instruments market forecast
- Smart musical instruments market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global smart musical instruments market: Artiphon Inc., Audiotonix Ltd., CASIO Computer Co. Ltd., CME PTE. LTD., HyVibe, inMusic Brands Inc., Kawai Musical Instruments Mfg. Co. Ltd., Kickstarter PBC, Kurv Music Ltd., Modern Ancient Instruments Networked AB, Roland Corp., Steinway Inc., Xiaomi Communications Co. Ltd., Yamaha Corp., Zivix LLC, and The ONE Music Group.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is penetration of AI in musical instruments.'
According to the report, one of the major drivers for this market is the increasing consumer spending on music-related activities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Artiphon Inc.
- Audiotonix Ltd.
- CASIO Computer Co. Ltd.
- CME PTE. LTD.
- HyVibe
- inMusic Brands Inc.
- Kawai Musical Instruments Mfg. Co. Ltd.
- Kickstarter PBC
- Kurv Music Ltd.
- Modern Ancient Instruments Networked AB
- Roland Corp.
- Steinway Inc.
- Xiaomi Communications Co. Ltd.
- Yamaha Corp.
- Zivix LLC
- The ONE Music Group
