LONDON--(BUSINESS WIRE)--The Global MEMS Microphone Market is expected to grow at a CAGR of 16.27 percent from 2014-2019, thanks to high demand for MEMS microphones in mobile devices, according to a new report from research firm TechNavio.
The need to develop improved applications in mobile devices has fueled the demand for MEMS microphones in the market. Vendors are striving to develop new applications that use built-in sensors for analyzing different consumer activities.
“It used to be that a single MEMS microphone was deployed in a single smartphone, but this number has actually increased to three microphones per smartphone, as they enable noise suppression and help improve the quality of audio recording,” says Faisal Ghaus, Vice President of TechNavio.
Furthermore, the latest report by TechNavio emphasizes the introduction of new applications for MEMS devices. Several segments like automotive, consumer electronics and healthcare are constantly innovating to offer improved services to their customers.
“Growing awareness about health, fitness and wellness has accelerated the demand for fitness-monitoring devices that employ MEMS microphones, which is positively influencing the growth of the Global MEMS Microphone Market,” says Ghaus.
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TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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