Jersey City, New Jersey, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Wireless Microphone Market” By Type (Handheld, Clip-on and Others), By Wi-Fi Band (2.4 GHz, 5 GHz, and 3.6 GHz), By End-User (Corporate, Education, Hospitality, Sporting Events, and Others), and By Geography. According to Verified Market Research, the Global Wireless Microphone Market size was valued at USD 1.55 Billion in 2020 and is projected to reach USD 2.84 Billion by 2028, growing at a CAGR of 8.15% from 2021 to 2028.
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Browse in-depth TOC on “Wireless Microphone Market”
202 - Pages
126 – Tables
37 – Figures
Global Wireless Microphone Market Overview
The growing use of consumer electronics products in podcasting, public speaking, entertainment, and television broadcasting is expected to foster the demand for wireless devices over the forecast period. Many consumer devices, such as smartphones, tablets, and smartwatches, have microphones embedded in them. The increasing demand for these devices is directly impacting the demand for microphones. Devices such as mobile phones and tablets need small, thin, and low-power-consuming components. For the last couple of years, most smartphones are being equipped with MEMS microphones as they are the best fit for their requirements. The global smartphone shipment was more than 1.4 billion units in 2019. The use of microphones in other next-generation consumer electronics has also gained momentum.
The increase in sponsorships investments in sports activities is expected to propel the demand for wireless microphones. As of 2016, the estimated sponsorship investment in sports was over 40 billion thereby driving the market growth. These products are used for commentary and announcement purposes. Moreover, it stimulates market participants to develop wireless products for sports venues such as stadiums and indoor arenas. These devices offer varied advantages such as hands-free operations that enable mobility and comfort, unlike wired microphones. The use of these products in government infrastructure for communication applications is expected to propel the industry growth over the forecast period.
Key Developments in Wireless Microphone Market
• Yamaha Corporation introduced its latest wireless extension microphone that is specially designed with Yamaha CS-700 Video Sound Collaboration System.
• Sony announced a new generation of DWX Series digital wireless microphone systems with a low audio latency of 1.2ms.
• Sony launches an IP-based ceiling beamforming microphone with speech reinforcement and clear audio recording.
The major players in the market are Yamaha Corporation, Sony Electronics; Inc., Sennheiser Electronic GmbH & Co., Shure Incorporated, Audio-Technica Corporation, AKG Acoustics, Blue, LEWITT GmbH, Rode Microphones, and Others.
Verified Market Research has segmented the Global Wireless Microphone Market On the basis of Type, Wi-Fi Band, End User, and Geography.
- Wireless Microphone Market, By Type
- Handheld
- Clip-on
- Others
- Wireless Microphone Market, By Wi-Fi Band
- 2.4 GHz
- 5 GHz
- 3.6 GHz
- Wireless Microphone Market, By END-USE
- Corporate
- Education
- Hospitality
- Sporting Events
- Others
- Wireless Microphone Market by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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6 leading wireless microphone manufacturers amplifying the wireless future
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