Wireless Microphone Market - Forecast(2024 - 2030)
Wireless Microphone Market
Wireless Microphone Market size was valued at $301.4 million in 2020 and is expected to grow at a CAGR of 8.3% during forecast period 2021-2026 owing to increasing adoption of wireless microphones in education, corporate, sports and entertainment events sector. The shift to cordless microphones with radio transmitter from the conventional wired type due to connectivity advantages and competitive price wireless devices over the wired ones is also set to drive the wireless microphone market for the period.The Wireless Microphone market is also driven by factors such as increasing demand from educational institutions due to higher productivity of students and demands from online performing artists. Rising adoption of commercial microphones due to rapid technological advancements as well growth of consumer electronics industry.
Report Coverage
Key Takeaways
- North America dominates the Wireless Microphone market owing to increasing spectators for live events and increasing subscription purchases for video on demand services respectively is analyzed to drive the wireless microphone market demand.
- Clip-on wireless microphone market to experience significant growth owing to the rising demand from entertainment, sporting event and education sector.
- High adoption of Wi-Fi bands owing to its lower loses and less interference with uncompromised performance in corporate and entertainment sector is driving the market growth.
- Growing adoption of wireless lavalier
microphones for public speaking applications in order to allow hands free
operation set to drive the wireless microphone market growth.Wireless Microphone Market, By Type, 2020For more details on this report - Request for Sample
Wireless Microphone Market Segment Analysis - By Product
Handheld holds the major
share in Wireless Microphone market. Clip-on wireless microphone market is
analyzed to witness the highest growth during 2021-2026 at 9.9% owing to the growing
adoption of these products in education, hospitality and sporting events. As
per recent IndustryARC estimates, the global Sport Event Ticketing e-Services
revenue is set to surpass $40 billion by 2025 with the U.S. to continue its
dominance over the market during the forecast period 2021-2026. The growing
investment of government bodies among the developing economies, towards their
domestic sports sectors is set to open up new opportunities for various
equipment and devices used for live broadcasting during the events which
includes wireless microphones as well.
Wireless Microphone Market Segment Analysis - By Technology
Radio frequency based wireless
microphones are analyzed to be the major shareholder of the market in 2020 at 74% owing to the
earlier penetration of the technology and ease of use of the products. However,
technologies such as 2.4GHz wireless microphone and UHF microphones are
analyzed to witness significant growth during 2021-2026 owing to the lower
losses and accommodation of more number of channels in these products
Wireless Microphone Market Segment Analysis - By Geography
North America dominated the wireless microphone market
with a share of 36.7%, followed by Europe and APAC in 2020. The U.S. held the largest share accounting to 45% of the
global Sport Event Ticketing E-services market in 2019 followed by U.K. and
China. The broad base of sports event industry in the country with significant
spending in the sports vertical is set to drive the market for various devices
and equipment used for audio acquisition including the wireless microphones.
APAC wireless microphone market is estimated to witness the highest growth rate
during 2021-2026 owing to the increasing investment in the education sector for
modernization of institutes, school, and colleges and so on. Apart from this,
the rise in the sporting events and government initiatives to boost the
hospitality sector is also set to assist the market growth during 2021-2026
Wireless Microphone Market Drivers
Growing attraction towards Live Events
Favorable Growth in Entertainment Sector
Wireless Microphone Market Challenges
Explosive Growth of Smartphones and Other Wireless Devices
Market Landscape
Acquisitions/Technology Launches
- In July, 2019, Logitech had acquired the Blue Microphone for $117 million, for entering into the high fidelity audio equipment market. Acquisition of the companies for the development of new products set to increase the wireless microphone mrket share of major companies.
- In September 2019, Saramonic, a professional audio equipment manufacturer had launched Saramonic Blink 500 system, a 2.4GHz wireless clip-on lavalier microphone system. Development of new products set to drive the wireless microphone market growth
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LIST OF TABLES
1.Global Wireless Microphone End-Use Outlook Market 2019-2024 ($M)1.1 Corporate Market 2019-2024 ($M) - Global Industry Research
1.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 ($M)
1.2 Education Market 2019-2024 ($M) - Global Industry Research
1.2.1 Wireless Microphone In Education End-Use Market 2019-2024 ($M)
1.3 Hospitality Market 2019-2024 ($M) - Global Industry Research
1.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 ($M)
1.4 Sporting Event Market 2019-2024 ($M) - Global Industry Research
1.4.1 Wireless Microphone In Sporting Event Market 2019-2024 ($M)
2.Global Competitive Landscape Market 2019-2024 ($M)
2.1 Akg Acoustic Gmbh Market 2019-2024 ($M) - Global Industry Research
2.2 Audio-Technica Corporation Market 2019-2024 ($M) - Global Industry Research
2.3 Blue Market 2019-2024 ($M) - Global Industry Research
2.4 Lewitt Gmbh Market 2019-2024 ($M) - Global Industry Research
2.5 Rode Microphone Market 2019-2024 ($M) - Global Industry Research
2.6 Samson Technology Corp Market 2019-2024 ($M) - Global Industry Research
2.7 Sennheiser Electronic Gmbh Co Market 2019-2024 ($M) - Global Industry Research
2.8 Shure Incorporated Market 2019-2024 ($M) - Global Industry Research
2.9 Sony Corporation Market 2019-2024 ($M) - Global Industry Research
2.10 Yamaha Corporation Market 2019-2024 ($M) - Global Industry Research
3.Global Wireless Microphone End-Use Outlook Market 2019-2024 (Volume/Units)
3.1 Corporate Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 (Volume/Units)
3.2 Education Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Wireless Microphone In Education End-Use Market 2019-2024 (Volume/Units)
3.3 Hospitality Market 2019-2024 (Volume/Units) - Global Industry Research
3.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 (Volume/Units)
3.4 Sporting Event Market 2019-2024 (Volume/Units) - Global Industry Research
3.4.1 Wireless Microphone In Sporting Event Market 2019-2024 (Volume/Units)
4.Global Competitive Landscape Market 2019-2024 (Volume/Units)
4.1 Akg Acoustic Gmbh Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Audio-Technica Corporation Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Blue Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Lewitt Gmbh Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Rode Microphone Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Samson Technology Corp Market 2019-2024 (Volume/Units) - Global Industry Research
4.7 Sennheiser Electronic Gmbh Co Market 2019-2024 (Volume/Units) - Global Industry Research
4.8 Shure Incorporated Market 2019-2024 (Volume/Units) - Global Industry Research
4.9 Sony Corporation Market 2019-2024 (Volume/Units) - Global Industry Research
4.10 Yamaha Corporation Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Wireless Microphone End-Use Outlook Market 2019-2024 ($M)
5.1 Corporate Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 ($M)
5.2 Education Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Wireless Microphone In Education End-Use Market 2019-2024 ($M)
5.3 Hospitality Market 2019-2024 ($M) - Regional Industry Research
5.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 ($M)
5.4 Sporting Event Market 2019-2024 ($M) - Regional Industry Research
5.4.1 Wireless Microphone In Sporting Event Market 2019-2024 ($M)
6.North America Competitive Landscape Market 2019-2024 ($M)
6.1 Akg Acoustic Gmbh Market 2019-2024 ($M) - Regional Industry Research
6.2 Audio-Technica Corporation Market 2019-2024 ($M) - Regional Industry Research
6.3 Blue Market 2019-2024 ($M) - Regional Industry Research
6.4 Lewitt Gmbh Market 2019-2024 ($M) - Regional Industry Research
6.5 Rode Microphone Market 2019-2024 ($M) - Regional Industry Research
6.6 Samson Technology Corp Market 2019-2024 ($M) - Regional Industry Research
6.7 Sennheiser Electronic Gmbh Co Market 2019-2024 ($M) - Regional Industry Research
6.8 Shure Incorporated Market 2019-2024 ($M) - Regional Industry Research
6.9 Sony Corporation Market 2019-2024 ($M) - Regional Industry Research
6.10 Yamaha Corporation Market 2019-2024 ($M) - Regional Industry Research
7.South America Wireless Microphone End-Use Outlook Market 2019-2024 ($M)
7.1 Corporate Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 ($M)
7.2 Education Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Wireless Microphone In Education End-Use Market 2019-2024 ($M)
7.3 Hospitality Market 2019-2024 ($M) - Regional Industry Research
7.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 ($M)
7.4 Sporting Event Market 2019-2024 ($M) - Regional Industry Research
7.4.1 Wireless Microphone In Sporting Event Market 2019-2024 ($M)
8.South America Competitive Landscape Market 2019-2024 ($M)
8.1 Akg Acoustic Gmbh Market 2019-2024 ($M) - Regional Industry Research
8.2 Audio-Technica Corporation Market 2019-2024 ($M) - Regional Industry Research
8.3 Blue Market 2019-2024 ($M) - Regional Industry Research
8.4 Lewitt Gmbh Market 2019-2024 ($M) - Regional Industry Research
8.5 Rode Microphone Market 2019-2024 ($M) - Regional Industry Research
8.6 Samson Technology Corp Market 2019-2024 ($M) - Regional Industry Research
8.7 Sennheiser Electronic Gmbh Co Market 2019-2024 ($M) - Regional Industry Research
8.8 Shure Incorporated Market 2019-2024 ($M) - Regional Industry Research
8.9 Sony Corporation Market 2019-2024 ($M) - Regional Industry Research
8.10 Yamaha Corporation Market 2019-2024 ($M) - Regional Industry Research
9.Europe Wireless Microphone End-Use Outlook Market 2019-2024 ($M)
9.1 Corporate Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 ($M)
9.2 Education Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Wireless Microphone In Education End-Use Market 2019-2024 ($M)
9.3 Hospitality Market 2019-2024 ($M) - Regional Industry Research
9.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 ($M)
9.4 Sporting Event Market 2019-2024 ($M) - Regional Industry Research
9.4.1 Wireless Microphone In Sporting Event Market 2019-2024 ($M)
10.Europe Competitive Landscape Market 2019-2024 ($M)
10.1 Akg Acoustic Gmbh Market 2019-2024 ($M) - Regional Industry Research
10.2 Audio-Technica Corporation Market 2019-2024 ($M) - Regional Industry Research
10.3 Blue Market 2019-2024 ($M) - Regional Industry Research
10.4 Lewitt Gmbh Market 2019-2024 ($M) - Regional Industry Research
10.5 Rode Microphone Market 2019-2024 ($M) - Regional Industry Research
10.6 Samson Technology Corp Market 2019-2024 ($M) - Regional Industry Research
10.7 Sennheiser Electronic Gmbh Co Market 2019-2024 ($M) - Regional Industry Research
10.8 Shure Incorporated Market 2019-2024 ($M) - Regional Industry Research
10.9 Sony Corporation Market 2019-2024 ($M) - Regional Industry Research
10.10 Yamaha Corporation Market 2019-2024 ($M) - Regional Industry Research
11.APAC Wireless Microphone End-Use Outlook Market 2019-2024 ($M)
11.1 Corporate Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 ($M)
11.2 Education Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Wireless Microphone In Education End-Use Market 2019-2024 ($M)
11.3 Hospitality Market 2019-2024 ($M) - Regional Industry Research
11.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 ($M)
11.4 Sporting Event Market 2019-2024 ($M) - Regional Industry Research
11.4.1 Wireless Microphone In Sporting Event Market 2019-2024 ($M)
12.APAC Competitive Landscape Market 2019-2024 ($M)
12.1 Akg Acoustic Gmbh Market 2019-2024 ($M) - Regional Industry Research
12.2 Audio-Technica Corporation Market 2019-2024 ($M) - Regional Industry Research
12.3 Blue Market 2019-2024 ($M) - Regional Industry Research
12.4 Lewitt Gmbh Market 2019-2024 ($M) - Regional Industry Research
12.5 Rode Microphone Market 2019-2024 ($M) - Regional Industry Research
12.6 Samson Technology Corp Market 2019-2024 ($M) - Regional Industry Research
12.7 Sennheiser Electronic Gmbh Co Market 2019-2024 ($M) - Regional Industry Research
12.8 Shure Incorporated Market 2019-2024 ($M) - Regional Industry Research
12.9 Sony Corporation Market 2019-2024 ($M) - Regional Industry Research
12.10 Yamaha Corporation Market 2019-2024 ($M) - Regional Industry Research
13.MENA Wireless Microphone End-Use Outlook Market 2019-2024 ($M)
13.1 Corporate Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Wireless Microphone In Corporate End-Use Market 2019-2024 ($M)
13.2 Education Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Wireless Microphone In Education End-Use Market 2019-2024 ($M)
13.3 Hospitality Market 2019-2024 ($M) - Regional Industry Research
13.3.1 Wireless Microphone In Hospitality End-Use Market 2019-2024 ($M)
13.4 Sporting Event Market 2019-2024 ($M) - Regional Industry Research
13.4.1 Wireless Microphone In Sporting Event Market 2019-2024 ($M)
14.MENA Competitive Landscape Market 2019-2024 ($M)
14.1 Akg Acoustic Gmbh Market 2019-2024 ($M) - Regional Industry Research
14.2 Audio-Technica Corporation Market 2019-2024 ($M) - Regional Industry Research
14.3 Blue Market 2019-2024 ($M) - Regional Industry Research
14.4 Lewitt Gmbh Market 2019-2024 ($M) - Regional Industry Research
14.5 Rode Microphone Market 2019-2024 ($M) - Regional Industry Research
14.6 Samson Technology Corp Market 2019-2024 ($M) - Regional Industry Research
14.7 Sennheiser Electronic Gmbh Co Market 2019-2024 ($M) - Regional Industry Research
14.8 Shure Incorporated Market 2019-2024 ($M) - Regional Industry Research
14.9 Sony Corporation Market 2019-2024 ($M) - Regional Industry Research
14.10 Yamaha Corporation Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Wireless Microphone Market Revenue, 2019-2024 ($M)2.Canada Wireless Microphone Market Revenue, 2019-2024 ($M)
3.Mexico Wireless Microphone Market Revenue, 2019-2024 ($M)
4.Brazil Wireless Microphone Market Revenue, 2019-2024 ($M)
5.Argentina Wireless Microphone Market Revenue, 2019-2024 ($M)
6.Peru Wireless Microphone Market Revenue, 2019-2024 ($M)
7.Colombia Wireless Microphone Market Revenue, 2019-2024 ($M)
8.Chile Wireless Microphone Market Revenue, 2019-2024 ($M)
9.Rest of South America Wireless Microphone Market Revenue, 2019-2024 ($M)
10.UK Wireless Microphone Market Revenue, 2019-2024 ($M)
11.Germany Wireless Microphone Market Revenue, 2019-2024 ($M)
12.France Wireless Microphone Market Revenue, 2019-2024 ($M)
13.Italy Wireless Microphone Market Revenue, 2019-2024 ($M)
14.Spain Wireless Microphone Market Revenue, 2019-2024 ($M)
15.Rest of Europe Wireless Microphone Market Revenue, 2019-2024 ($M)
16.China Wireless Microphone Market Revenue, 2019-2024 ($M)
17.India Wireless Microphone Market Revenue, 2019-2024 ($M)
18.Japan Wireless Microphone Market Revenue, 2019-2024 ($M)
19.South Korea Wireless Microphone Market Revenue, 2019-2024 ($M)
20.South Africa Wireless Microphone Market Revenue, 2019-2024 ($M)
21.North America Wireless Microphone By Application
22.South America Wireless Microphone By Application
23.Europe Wireless Microphone By Application
24.APAC Wireless Microphone By Application
25.MENA Wireless Microphone By Application