Wireless Microphone Market Leading Players, Survey, Status and Trends Report by 2030

0
452

The global wireless microphone market size was valued at USD 2.50 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. Wireless microphones are used for commentary and announcement purposes. The growing use of these products in podcasting, public speaking, entertainment, and television broadcasting expected to foster the demand for wireless devices over the next eight years. Moreover, increased sports events across various regions have encouraged global industry growth. The increase in sponsorships investments in sports activities is expected to propel the demand for wireless microphones.  Moreover, it intrigues market participants to develop wireless products for sports venues such as stadiums and indoor arenas.

Unlike wired microphones, these devices offer varied advantages, such as hands-free operations that enable mobility and comfort. Using these products in government infrastructure for communication applications is expected to propel the industry growth over the forecast period. New products developed by companies are efficient in terms of signal robustness and also eliminate issues such as proximity effect, thus enabling its use in applications including podcasting, recording, and live audio streaming.

Gather more insights about the market drivers, restrains and growth of the Global wireless microphone market

Wireless Microphone Market Segments Highlights:

  • The handheld segment dominated the wireless microphone market with a revenue of USD 1.52 billion in 2022. Handheld devices are used across various applications, including music events, public speaking events, and lectures, owing to their reliability and lower cost than other products.
  • The clip-on segment is expected to witness the fastest growth at a CAGR of 7.3% during the forecast period.
  • Corporate is the largest end-use segment, valued at USD 812.0 million in 2022. The growing need for wireless equipment for communication purposes has enabled its usage in corporate enterprises.
  • Sporting events is the fastest-growing segment, registering a CAGR of 8.2% over the forecast period.
  • The radio frequency channel segment accounted for the largest revenue share of 63.2% in 2022. The radio frequency channel enables a wide selection of channels that can be used depending on the application.
  • The radio frequency band segment is expected to experience rapid growth with a CAGR of 7.9% from 2023 to 2030.
  • Asia Pacific is the fastest-growing regional market, registering a CAGR of 8.9% from 2023 to 2030. The region's growing media and sports industry is expected to propel the industry growth.
  • North America is the largest regional market, with a market value of USD 1.12 billion in 2022, followed by Europe, owing to key industry players such as Shure Incorporated and Sennheiser Electronic GmbH & Co. based in this region.

Browse through Grand View Research's Electronic Devices Industry Research Reports.

  • Home Audio Equipment Market: The global home audio equipment market size was valued at USD 32.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2030.
  • Household Vacuum Cleaners Market: The global household vacuum cleaners market size was valued at USD 6.57 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2030.

Wireless Microphone Market Segmentation

Grand View Research has segmented the global wireless microphone market report on the basis of product, technology, end-use, and region:

Wireless Microphone Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Handheld
  • Clip-on
  • Others

Wireless Microphone Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Wi-Fi Band
    • 4 GHz
    • 6 GHz
    • 5 GHz
  • Radio Frequency Channel
    • 540 MHz - 680 MHz
    • 721 MHz - 750 MHz
    • 823 MHz - 865 MHz
  • Single Channel
    • Dual Channel
    • Multi-Channel
    • Radio Frequency band

Wireless Microphone End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Corporate
  • Education
  • Hospitality
  • Sporting Events
  • Others

Wireless Microphone Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE

Order a free sample PDF of the Wireless Microphone Market Intelligence Study, published by Grand View Research.

Pesquisar
Categorias
Leia mais
Outro
3D Cell Culture Market 2024 Competitive Landscape, Cost Price and Forecast
3D Cell Culture Industry The global 3D cell culture market was valued at USD 1.57 billion in...
Por Steve Rey 2024-10-18 07:19:31 0 386
Outro
Distributed Fiber Optic Sensor Industry Overview 2024 to 2030
Distributed Fiber Optic Sensor Industry Overview   The global distributed fiber optic...
Por Nayara Global Industry Report 2024 2024-08-06 05:18:52 0 1KB
Outro
Tissue Diagnostics Market - Factors Driving Growth Post 2023: Forecast 2030
Tissue Diagnostics Market The global tissue diagnostics market size was estimated...
Por Monica Jejurkar 2024-09-16 07:00:05 0 586
Outro
Automated Test Equipment Market Expected To Grow At CAGR Of 3.1% From 2024 To 2030
Automated Test Equipment Industry Overview The global automated test equipment market size was...
Por Steve Rey 2024-08-29 07:12:30 0 646
Sports
Off-Season Rundown Vol. 19
Uncasville, CT-- Natisha Hiedeman and Maccabi Ashdod was up to Israeli League challenger, Ramat...
Por DeShields DeShields 2024-06-29 06:05:09 0 1KB