Pune, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Wireless Microphone Market Size Analysis:
“The SNS Insider report indicates that the Wireless Microphone Market size was valued at USD 2.2 billion in 2023 and is expected to grow to USD 4.5 billion by 2032, registering a CAGR of 8.21% over the forecast period of 2024-2032.”
Increased Adoption Across Industries
Wireless mics gained momentum in different industries by removing the need for cables, providing seamless audio transfer, and providing user mobility. Areas such as live entertainment, education, and corporate settings have adopted wireless mics for clean sound and flexibility. Also, with Hybrid learning models and virtual events, which are here to stay, and audio loudspeakers, we have loudspeakers through which we could communicate virtually. So here the demand has risen as audio in any form is the best communication medium. Meanwhile, the increasing demand for compact and portable models by content creators and vloggers has also created new prospects for growth. These reasons along with continuous advancements such as Bluetooth and digital systems constantly drive the market, addressing different needs of users in different parts of the world.
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Major Players Analysis Listed in this Report are:
- Shure Incorporated - Shure SM58 Wireless Microphone
- Sennheiser Electronic GmbH & Co. KG - Sennheiser EW 100 G4
- Audio-Technica Corporation - Audio-Technica ATW-1102
- Sony Corporation - Sony UWP-D21 Wireless System
- Bose Corporation - Bose S1 Pro System with Wireless Microphone
- AKG Acoustics (Harman International) - AKG WMS420 Wireless Microphone System
- Yamaha Corporation - Yamaha Stagepas 1K Wireless System
- Electro-Voice (Bosch Group) - Electro-Voice RE3 Wireless Microphone
- Rode Microphones - Rode Wireless GO II
- Samson Technologies - Samson Concert 99 Wireless Microphone
- MIPRO Electronics Co., Ltd. - MIPRO ACT-5800 Series
- Blue Microphones (Logitech) - Blue Yeti X Wireless Microphone
- TOA Corporation - TOA WM-5325 Wireless Microphone
Wireless Microphone Market Report Scope:
| Report Attributes | Details |
| Market Size in 2023 | USD 2.2 Billion |
| Market Size by 2032 | USD 4.5 Billion |
| CAGR | CAGR of 8.21% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Key Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Key Growth Drivers | • Growing reliance on hybrid and online learning models necessitates clear and reliable audio solutions. • Expanding use in conferences, presentations, and collaborative workspaces supports market growth. |
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Wireless Microphone Market Analysis by Product: Handheld Segment Dominates with 49% Revenue Share, Clip-On Segment Expected to Grow at Fastest CAGR
In 2023, the handheld segment dominated the market and held the highest revenue share of 49% in the wireless microphone market Based on their reliability and lower costs as compared to other products, handheld devices are being used for many applications
The clip-on segment is likely to be the fastest-growing segment during the forecast period. Clip-on microphones are handy and enable portability, which is why they are expected to grow at the fastest CAGR during the forecast period.
Remote Radio Head Market Analysis by Technology: The Radio Frequency Channel Segment Dominates with 58% Market Share, Radio Frequency Band Segment is Expected to be the Fastest-Growing.
In 2023, The radio frequency channel segment dominated the market and accounted for the largest share with 58% of the global remote radio head market. Interrogation using the radio frequency channel allows for more channel options as it is application-dependent. Furthermore, adapting spectrum regulations has allowed these products to utilize RF bands for effective signal transmission.
The radio frequency band segment is anticipated to be the fastest-growing segment from 2024 to 2032. With the use of multichannel radio frequency equipment, it can switch frequency regardless of the strength of the transmission provide a more reliable broadcasting operation, and save from losing signal.
Wireless Microphone Market Analysis by End-Use: The Corporate Segment Dominates with Significant Revenue Share, Sporting Events Segment is Expected to Register the Fastest CAGR
The Corporate segment dominated the market and captured a significant revenue share in 2023. The increasing demand for wireless communication equipment has made its way to corporate enterprises. This trend can also be seen in developing regions like Asia Pacific and Latin America, where companies are going global hence, they have to use these products to be able to communicate internally and externally using these products.
The sporting events segment is expected to register the fastest CAGR during the forecast period. Sport events expansion has fuelled the growth of microphone products for announcement, commentary, and speech usage.
Wireless Microphone Market Segmentation:
By Product
- Handheld
- Clip-on
- Others
By Technology
- 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
By End-Use
- Corporate
- Education
- Hospitality
- Sporting Events
- Others
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Wireless Microphone Market Analysis by Regional Landscape: North America Dominates with 38% Revenue Share, Asia Pacific Expected to Register the Fastest CAGR.
North America dominated the market and accounted for a revenue share of more than 38% in 2023, closely followed by Europe in part due to the existence of industry giants like Shure Incorporated and Sennheiser Electronic GmbH & Co. in the region. In addition, the North American region holds the largest share of the industry in terms of revenue, as the products launched by industry players get adopted by the local market first.
The rapidly growing regional market is Asia Pacific which is expected to record a fastest CAGR from 2024 to 2032. Industry growth is projected for the region due to the increase in media and sports business in the region. Moreover, the trend of video logging in this region has accelerated the use of RF products capable of sound recording, thus driving the growth of the RF-enabled products market.
Recent Developments in Wireless Microphone Market: Sennheiser's Versatile Microphone Kit Launch and DJI's Mic Mini Introduction.
In October 2024, Sennheiser launched a versatile microphone kit for content creators, featuring clip-on transmitters that convert into tabletop microphones.
In November 2024, DJI introduced the Mic Mini, a lightweight wireless microphone system designed for portability and extended battery life.
Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. Wireless Microphone Market Segmentation, By Product
8. Wireless Microphone Market Segmentation, by Technology
9. Wireless Microphone Market Segmentation, by End-use
10. Regional Analysis
11. Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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