The global wireless microphone market size is estimated to
reach USD 3.51 billion by 2025, expanding at a CAGR of 5.9%, growing at a
CAGR of 5.9%, according to a new study by Grand View Research, Inc.
Technological proliferation such as Wi-Fi and Bluetooth enabled microphones are
expected to drive the market growth over the forecast period.
The evolving entertainment and media industry,
mainly in developing regions such as Asia Pacific and Latin America, has
fostered the demand for wireless microphone products. These products are used
for applications such as television broadcasting, public speaking, podcasting,
and performing arts. The preference for wireless microphones has increased
among consumers as these microphones enable performers to move their hands
freely, thereby increasing comfort.
The adoption of wireless microphones is
anticipated to grow in the Asia Pacific region. Global sports events such as
Summer Olympics 2020 and Winter Olympics 2022 are scheduled to be organized in
the region, which is presumed to propel the demand for wireless microphones.
Furthermore, the increasing application of microphones in government
infrastructure is expected to boost the adoption of wireless microphones in the
Asia Pacific region.
The changing regulatory scenario of wireless
spectrum across regions including North America and Europe is expected to
propel the market growth. It enables market participants to develop new
products that comply with the new spectrum regulations. Moreover, the new
products are developed to provide features such as efficient audio signal
transmission and high output audio quality.
Prominent & established industry players
and new entrants collaborate with each other for sharing expertise and
resources. The market is highly competitive and major companies are laying
emphasis on retaining their market shares. Moreover, there is a strong presence
of small and local manufacturing companies in the market, mainly in countries
such as China and Japan.
For full research report on Wireless
Microphone Market visit here: https://www.grandviewresearch.com/industry-analysis/wireless-microphone-market
Further key
findings from the study suggest:
- The clip-on segment is expected to emerge as
the fastest growing segment, registering a CAGR of 6.8% over the forecast
period. Increasing public speaking events are encouraging the demand for
this segment.
- The North American region has announced
changes in regulations wherein the use of wireless frequency is restricted
to below 600 MHz. Any device operating above 600 MHz would be illegal.
- Radio Frequency (RF) band is the fastest
growing segment, registering a CAGR of 7.5% over the next eight years. The
RF band offers a large number of frequency options that facilitate the
selection of frequency depending on the application.
- Asia Pacific is estimated to be the
fastest-growing regional wireless microphone market due to the growth of
sports and entertainment events in the region leading to an increase in
demand for audio equipment
- Key industry participants include AKG
Acoustics, Audio-Technica Corporation, Blue, LEWITT GmbH, Rode
Microphones, Samson Technologies Inc., Sennheiser Electronic GmbH &
Co., Shure Incorporated, Sony Electronics, Inc., and Yamaha Corporation,
among others
Get free request sample of this report
here: https://www.grandviewresearch.com/industry-analysis/wireless-microphone-market/request/rs1
Grand
View Research has segmented the global wireless microphone market based on
types, technology, end uses, and regions:
Wireless
Microphone Type Scope (Revenue, USD Million; 2014 - 2025)
- Handheld
- Clip-on
- Others
Wireless
Microphone Technology Scope (Revenue, USD Million; 2014 - 2025)
- Wi-Fi Band
- 2.4 GHz
- 3.6 GHz
- 5 GHz
- Radio Frequency
Channel
- Single Channel
- Dual Channel
- Multi-Channel
- Radio Frequency band
- 540 MHz - 680 MHz
- 721 MHz - 750 MHz
- 823 MHz - 865 MHz
Wireless
Microphone End-use Scope (Revenue, USD Million; 2014 - 2025)
- Corporate
- Education
- Hospitality
- Sporting Events
- Others
Wireless
Microphone Regional Scope (Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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