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Automotive Speaker Market to Expand Due to Surge in Demand for Advanced Entertainment Options whilst Driving, States TMR Study

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ALBANY, N.Y., Feb. 28, 2022 (GLOBE NEWSWIRE) — The global automotive speaker market is estimated to exceed the valuation of US$ 9.6 Bn by 2030, according to a research report by Transparency Market Research (TMR). Hence, the market for automotive speaker is prognosticated to attract growth at a CAGR of 3.6% during the forecast period 2020-2030.

Different voice assistance technologies such as Siri, Alexa, and Google Assistant are being increasingly used in many vehicles. As a result, the automotive speaker market is observing substantial sales prospects. Moreover, the market for automotive speaker is being driven by rise in adoption of ADAS features in vehicles and launch of autonomous vehicles across the globe.

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Due to improving disposable income of people from many developing and developed nations, there is a notable growth in the sales of luxury and premium vehicles globally. Moreover, this population base is inclining toward using vehicles that offer advanced comfort features and safety. These factors are favoring the growth of the global automotive speaker market.

Passenger vehicle manufacturers are focusing on the use of technological advancements in order to improve safety features in audio systems. This factor is expected to fuel the expansion of the automotive speaker market.

Companies operating in the global automotive speaker market are using different strategic moves such as mergers and acquisitions in order to strengthen their market position. Furthermore, many players are focusing on the launch of next-gen products in order to expand their product portfolio. Such efforts are leading to the expansion of the global automotive speaker market.        

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Automotive Speaker Market: Key Findings

  • Onboard infotainment systems are being increasingly incorporated in commercial and passenger vehicles in order to improve the passenger safety and gain advanced entertainment while driving. This factor is creating business prospects in the global automotive speaker market. Audio system manufacturers and original equipment manufacturers are entering into partnership agreements in order to include next-gen audio systems in vehicles. This, in turn, is propelling the automotive speaker market.
  • Automotive companies increasing incorporation of technological advancements such as artificial intelligence (AI) in their vehicles. As a result, the demand for automotive speakers is increasing. Moreover, several enterprises in the automotive sector are also integrating smartphones with sound systems using Bluetooth connectivity. Such sound systems are gaining impetus, as they assist in making phone calls as well as change music while driving. These advancements are generating lucrative prospects in the automotive speaker market.

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Automotive Speaker Market: Growth Boosters

  • Expansion of the automotive sector globally is creating sizable business opportunities in the global automotive speaker market
  • Surge in consumers inclination toward autonomous vehicles is projected to help in demand for automotive speakers during the forecast period

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Automotive Speaker Market: Regional Analysis

  • The automotive speaker market in Asia Pacific is estimated to maintain its dominant position during the forecast period, owing to surge in the sales as well as manufacturing of vehicles in China and other nation in ASEAN
  • The Europe automotive speaker market is projected to observe lucrative opportunities due to rising use of autonomous vehicles and ADAS features in vehicles in the region

Automotive Speaker Market: Key Players

Some of the key players profiled in the report are:

  • Bose Corporation
  • Alpine Electronics Inc.
  • Pioneer Corporation
  • Harman International
  • SK Telecom
  • Altec Lansing
  • Lear Corporation
  • Sony
  • Sanyo
  • Metra Electronics
  • Boston Audio
  • Dynaudio

Automotive Speaker Market Segmentation

Position

  • Door
  • Dashboard
  • Others

Speaker Type

  • Subwoofer
  • Midbass
  • Midrange
  • Tweeter

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Application

  • Virtual Assistance
  • Entertainment
  • Warnings & Alerts
  • Guidance & Navigation
  • Automatic Pedestrian Alert System
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Browse Latest Automotive and Transport Market Research Reports by TMR:

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Mr Rohit Bhisey
Transparency Market Research
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90 State Street,
Suite 700,
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United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
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Website: http://www.transparencymarketresearch.com
Press Release: https://www.transparencymarketresearch.com/pressrelease/automotive-speaker-market.htm

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Artificial Intelligence

Compact Solutions, Mighty Results: Cervoz Unleashes the Power of Edge Computing

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TAIPEI, May 20, 2024 /PRNewswire/ — Cervoz Technology, a leader in industrial-grade storage, memory, and expansion solutions, is powering the evolution of edge computing with its innovative solutions.

In today’s data-rich landscape, businesses rely on insights from IoT devices. With advancements in AI and 5G, data volumes surge, straining traditional cloud computing with bandwidth and latency issues. Edge Computing emerges as a solution, processing data at its source for real-time insights crucial for applications like digital twins, autonomous vehicles, and smart healthcare.
What is Edge Computing?
Edge Computing is a decentralized IT architecture that processes data near its origin, often at the network’s edge. This approach divides tasks from central data centers to edge devices and nodes. It enables faster, deeper insights and enhances responsiveness, improving speed and reducing latency compared to centralized clouds. Typically, an Edge Computing system comprises three layers: device, edge, and cloud.
The Device Layer
The device layer, situated closest to the physical world, comprises endpoint devices such as sensors, controllers, and cameras, among others. The layer prioritizes data collection and initial processing for real-time response and efficiency. It requires highly reliable, compact, and energy-efficient components. Cervoz’s M.2 2230 (A+E key /B+M key) NVMe SSDs and DDR4 SO-DIMM modules optimize this setup with fast data access and efficient storage in space-saving designs. They operate reliably across a wide temperature range (-40°C to 85°C) and feature additional conformal coating and anti-vibration filling for enhanced performance in harsh environments.
The Edge Layer
The edge layer, composed of edge servers and gateways, serves as a crucial link between device-layer data sources and cloud-based operations. It is designed for extensive data handling, filtering, and analytics, emphasizing quick operations and real-time responses to minimize reliance on remote data centers. For optimal performance, components must manage high processing loads with minimal latency and maximum stability. NVMe SSDs boasting PCIe Gen3 or higher, such as the Cervoz NVMe PCIe Gen3x4 SSD, with compact M.2 form factors, advanced DRAM cache buffer, and LDPC ECC technology, are perfectly suited for the edge layer. These SSDs enable efficient directory and error correction during high-speed data transfers, thus enhancing data accuracy and reliability.
The Cloud Layer
The cloud layer requires intensive processing and long-term storage, performing analytics, operating AI and machine learning, and managing extensive data systems across various edge locations. It demands high-performing and reliable components. Cervoz NVMe PCIe Gen4x4 SSDs excel with Read/Write speeds of up to 7,100/6,190 MB/s and 4K random IOPS up to 1,000K, with aluminum heatsinks and thermal throttling for overheating issues. DDR5-5600 DRAM boosts this setup with high data throughput and efficient power use, satisfying rigorous computational needs.
Interlayer Connectivity
Reliable, low-latency network connectivity is crucial as data flows between the device layer, edge, and cloud. Cervoz 10GbE Low-Profile Ethernet Card provides high-speed, stable wired connections in high-bandwidth, low-latency environments. Additionally, the new PCIe Compact Low-Profile Ethernet Card is ideal for narrow edge device enclosures. For areas where wiring is impractical, M.2 Wi-Fi cards offer essential wireless flexibility. These connectivity options ensure a solid foundation for seamless data management across all layers.
Cervoz offers comprehensive solutions to enhance edge computing capabilities. From compact NVMe SSDs and DRAM modules, to advanced modular expansion cards, enabling seamless integration, optimized performance, and unmatched reliability in edge computing deployments.
About Cervoz
Based in Taiwan, Cervoz Technology boasts almost twenty years of expertise in developing and providing industrial-grade storage, memory, and expansion solutions across a myriad of global industrial sectors.
ContactsSales: [email protected] 
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Artificial Intelligence

Team Exponentia.ai UK attended the AWS summit in London

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Team Exponentia.ai UK celebrates Sanjay Kumar’s insightful session at the AWS summit in London
LONDON, May 20, 2024 /PRNewswire/ — Sanjay Kumar, Head of Exponentia.ai in UK & Europe, delivered an impactful presentation on Driving Manufacturing Innovation through AWS Analytics & AI. The recently concluded AWS Summit took place on the 24th of April in ExCeL, London.

Sanjay shared the stage at Theatre B with Adrian Pinder from DS Smith and Ahmed Raafat from AWS, captivating the audience with insights and experiences from Exponentia.ai’s collaboration with DS Smith.
During the session, Sanjay Kumar highlighted Exponentia.ai’s impressive use cases and case studies, including the Data Factory and Procurement Spend Analytics (PSA) projects undertaken in partnership with DS Smith. These initiatives demonstrated Exponentia.ai’s commitment to leveraging the AWS ecosystem to drive operational efficiency and business growth in the manufacturing sector.
The Exponentia.ai team seized the opportunity to engage with industry peers, partners, and friends, while also exploring the latest innovations showcased at the summit. Their participation in various sessions and visits to innovative booths further enriched their understanding of industry trends and best practices.
Reflecting on the event, Sanjay Kumar expressed his enthusiasm, stating, “The AWS Summit in London provided an excellent platform for us to showcase our expertise in manufacturing analytics and AI. The overwhelming response from attendees reaffirms the value of our solutions in driving innovation and transformation across industries and our commitment to deliver value to our customers through data. We look forward to continuing our collaboration with AWS and our partners to deliver impactful outcomes for our clients.”
The AWS Summit London 2024 marked a significant milestone for Exponentia.ai, reinstating its commitment to excellence and innovation in the field of AI and analytics. As the team eagerly anticipates future events, they remain dedicated to empowering businesses with transformative technology solutions.
For more information about Exponentia.ai and its innovative offerings, please visit www.exponentia.ai. 
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Clarivate Launches AI-Enhanced Solution to Accelerate Trademark Watching

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Providing faster and more accurate answers to critical business questions
LONDON, May 20, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, launched the first publicly available version of Trademark Watch Analyzer today at the 2024 International Trademark Association Annual Meeting. As the next-generation trademark protection solution enhanced by artificial intelligence (AI) and cloud technology, this solution combines Clarivate global trademark and case law data, in-house IP expertise, and cutting-edge AI technology. It will provide faster and more accurate answers to critical business questions by automating key trademark watching tasks and intelligently prioritizing result sets.

Trademark Watch Analyzer connects users to trademark datasets in 258 countries and territories across 191 official trademark registers, as well as data from 7+ million trademark litigation cases. This content is harmonized and connected through AI algorithms which query, connect and mine both datasets delivering advanced insights in supported watch products. This revolutionizes the way trademark watch results are delivered, so that clients can rank results based on their chance of success/opposition.
According to data from SAEGIS®, a CompuMark™ trademark solution from Clarivate, the number of trademark applications filed globally each year has more than doubled since 2014. With over one million new trademarks added to trademark registers around the world each month, the risk of infringement has never been greater, making vigilance of trademark applications essential to protect and grow strong brands.
Gordon Samson, President, Intellectual Property, Clarivate, said: “As the global business landscape grows more complex, trademark professionals are faced with challenges including more data, less context and shorter deadlines. Our advanced AI-driven solution enables clients to confidently monitor their trademarks anywhere in the world, with global monitoring and automated alerts, while also saving time, costs and critical resources. The launch of the Trademark Watch Analyzer is the latest example of our Think forward™ promise — connecting clients to trusted intelligence to ensure an IP-empowered tomorrow.”
With a more intuitive design and user interface, Trademark Watch Analyzer will enable clients to have a much-improved user experience as they work with their results. The navigation will be based on the same architecture as the Brand Landscape Analyzer launched in 2023, providing clients with a more cohesive experience within the Clarivate product suite.
Find out more about Trademark Watch Analyzer here.
About ClarivateClarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact: Jack Wan, External Communications Director [email protected]
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