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Global Sound Masking System Market to Grow at Promising 5.3% CAGR during 2021-2029 owing to rising demand from government, healthcare institutions and office spaces – A Report by Absolute Markets Insights

Published On 22 Nov 2021 12:30 PM


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In terms of revenue, the sound masking system market was valued at US$ 167.91 million in 2020 growing at CAGR of 5.3% over the forecast period. The global industry is expected to reach US$ 181.12 million by 2029. Sound masking systems are specifically engineered to mask human speech and are installed along a simple grid pattern with space determined by ceiling height and the emitters can be implemented rapidly with low impact to the surroundings and little to no downtime for businesses.

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Rising demand from healthcare institutions

The mission of many modern hospitals has expanded to not only include rehabilitation of a patient’s body, but also to rejuvenate their mind and spirit. Press Ganey, a medical research and strategic healthcare consultant group, conducts a series of surveys at over 10,000 medical facilities to help administrators improve patient care. Press Ganey has seen direct correlations between high patient satisfaction and a patient’s perception of receiving high quality of care. Patients who sleep better and are more comfortable, their perception of the hospital’s overall quality of care increases. As patient satisfaction and quality of care become a greater focus, hospitals are seeking ways to increase acoustic comfort and privacy. While healthcare institutions continue to improve, striving to provide better patient outcomes and experiences, many hospital environments remain extremely noisy, disrupting patients and causing privacy concerns. As a result, caregivers have several options at their disposal to address unwanted noise and increase patient privacy. One possible solution is to add a sound masking system. Sound masking systems from Cambridge Sound Management provide an unobtrusive and consistent background sound, similar to airflow, designed to reduce the impact of distracting noise and mask conversations. The technology has dramatically contributed to patient satisfaction because of its increased efficacy. The technology reduces the intelligibility of confidential conversations.

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Government offices and military facilities segment is expected to witness significant growth from 2021 to 2029

Government offices and military facilities collect and use sensitive information to carry out their missions. The Code of Fair Information Practice, established in the Privacy Act of 1974, governs the collection, storage, use, and release of personally identifiable information. Typical methods for preventing unauthorized access to personal information or classified proprietary and tactical information focus on securing computer servers and electronic communications. Securing verbal communications from being overheard or recorded by specialized audio equipment is often underserved due to high construction and labor costs.

The Impact of Covid-19 on the Sound Masking System Market

Many large and small are re-opening to welcome back their employees while adhering to social distancing guidelines. This has resulted in the offices being quieter than ever. Densely packed offices have been redesigned to allow for fewer occupants in the same space. With less people in every office, even the smallest noise can become a point of great annoyance and fixation such as the clicking of a neighbour’s pen or the tapping of their foot. As a result, hosting or attending a virtual meeting can be unsettling at times. In fact, certain open office designs make people so uncomfortable that they avoid collaborating with each other. Sound masking works to eliminate as many distracting noises as possible by introducing sound into the space to ‘feel’ busier. It’s like taking an employee from the library and putting them at the coffee shop. There is a hustle and a bustle feel, but it isn’t distracting and allows the employee to be productive in nature. The impact of the pandemic situation has been positive for this particular market and is expected to gain profit margin in the upcoming or future years to come.

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Sound Masking System Market:

  • By Organization Size
    • Small and Medium Organizations
    • Large Organizations
  • By Offering
    • Products
      • Sound Masking Generators
      • Sound Masking Loudspeakers
      • Paging Stations
      • Accessories and Software
      • Others
    • Support
    • Others
  • By Applications
    • Financial Services
    • Health Care
    • Insurance
    • Hotels
    • Government and Military
    • Institutions
    • Call Centers
    • Architects and Designers
    • General Contractors
    • Professional Services
    • Offices
    • Others
  • By Geography
  • North America
  • U.S
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America 

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Contact Us:

Company: Absolute Markets Insights

Email id: sales@absolutemarketsinsights.com  

Phone: +91-740-024-2424

Contact Name: Shreyas Tanna

Website: https://www.absolutemarketsinsights.com/


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Press Release Provided By: Absolute Markets Insights