The invention relates to a full-digitalized super-directivity speaker system based on multi-bit sigma-delta modulation. The system comprises a sound source, a digital input interface, a carrier wave modulator, an interpolation filter, a sigma-delta modulator, a thermometer encoder, a dynamic mismatch reshaper, a multi-channel digital amplifier and an ultrasonic transducer array. The system can achieve full digitalization of a system signal transmission link, highly integrated design can be carried out conveniently, system size and power consumption are reduced, system manufacturing complexity and cost are lowered, system electro-acoustic conversion efficiency is improved, and the system has low electromagnetic radiation level and good antijamming capability at the same time, can well lower the harmonic distortion level for demodulating a sound source signal, and greatly improve articulation clearness of conveyed information and acoustic level. The system has a good sound field control ability, provides a good realization method for voice private conveying, and can better meet development requirements of digitalization and networking at the same time.