The global wireless microphone market is estimated to reach USD 3.51 billion by 2025, growing at a CAGR of 5.9%, according to a new study. 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.
- AKG Acoustics GmbH (subsidiary of Harman International Industries, Inc.)
- Audio-Technica Corporation
- LEWITT GmbH
- Rode Microphones
- Samson Technologies Corp.
- Sennheiser Electronic GmbH & Co.
- Shure Incorporated
- Sony Corporation
- Yamaha Corporation
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Wireless Microphone Industry Outlook
Chapter 4 Wireless Microphone Type Outlook
Chapter 5 Wireless Microphone Technology Outlook
Chapter 6 Wireless Microphone End-use Outlook
Chapter 7 Wireless Microphone Regional Outlook
Chapter 8 Competitive Landscape
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