Wireless Microphone Market - Forecast(2021 - 2026)

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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

The report: “Wireless Microphone Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wireless Microphone Market.
By Type: Condenser, Dynamic, Electret, Ribbon, Others.
By Sound direction: Uni directional, Omni directional, Bi directional, Cardioid.
By Microphone Type: Clip On, Handheld.
By Technology: Bluetooth, Wi-Fi, Radio Frequency and Others.
By End User: Government, Educational institutions, Entertainment, Consumers, Enterprises, Others.
By Geography: North America, South America, Europe, APAC, RoW.

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, 2020

    Wireless Microphone Market
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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

There has been significant rise in the number of audience attending live sporting events and other events globally which is further creating a demand for various audio and video recording devices as new purchases as well as stock upgrade for live recording and broadcasting. The paradigm shift to the online ticketing system for these events has been a major factor attracting more spectators to such events. As per recent IndustryARC estimates, the global event ticketing market valued close to $70 billion in 2019. This is set to drive the wireless microphone market growth during the forecast period 2021-2026.

Favorable Growth in Entertainment Sector

The entertainment sector has been analyzed to witness a significant buoyant force with the explosive growth of the Video-on-Demand services along with growing penetration of 4G across the globe. The Global Video-on-Demand market is set to surpass, $88 billion by 2026 growing at rate of close to CAGR 7% during the period 2021-2026. The access to high speed data access and the number of smartphone users is resulting in significant increase in the demand of the entertainment video content. This is availing a promising traction to the entertainment industry with the audiences’ keen interest to short films, TV series and so on. The demand for rich content is thereby creating a market pull for various for various audio and video capture devices or equipment, including wireless microphone

Wireless Microphone Market Challenges

Explosive Growth of Smartphones and Other Wireless Devices

The explosive growth of smartphones and other wireless devices have negative impact on the spectrum allocation resulting to the short of the same. Owing to this there are certain interference in the signals causing connection faults. With the buoying growth of IoT devices, the 2.4 GHz spectrum is also set to witness prominent shortage which can negatively impact the wireless microphone market growth during 2021-2026

Market Landscape

Product launches, acquisitions and R&D activities are the key strategies adopted by players in the Wireless Microphone market. The market of Wireless Microphone top 10 companies are Lewitt Gmbh, Akg Acoustic Gmbh, Audio-Technica Corporation, Blue, Lewitt Gmbh, Samson Technology Corp, Sennheiser Electronic Gmbh Co, Shure Incorporated, Saramonic, Sony Corporation, Logitech, and Yamaha Corporation.

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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1. Wireless Microphones Market Overview
    1.1 Definitions and Scope
2. Wireless Microphones Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By End Use Industry
    2.3 Key trends By Microphone Type
    2.4 Key trends segmented by Geography
3. Wireless Microphones Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Wireless Microphones Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. Wireless Microphones Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. Wireless Microphones Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Wireless Microphones Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
8. Wireless Microphones Market – By Type (Market Size -$Million/Billion)
    8.1 Condenser
    8.2 Dynamic
    8.3 Electret
    8.4 Ribbon
    8.5 Others
9. Wireless Microphones Market – By Sound Direction (Market Size -$Million/Billion)
    9.1 Unidirectional
    9.2 BiDirectional
    9.3 Omnidirectional
    9.4 Cardoid
10. Wireless Microphones Market – By Microphone Type (Market Size -$Million/Billion)
    10.1 Clip-on
    10.2 Handheld
11. Wireless Microphones Market – By Technology (Market Size -$Million/Billion)
    11.1 Wi-Fi
    11.2 Bluetooth
    11.3 Radio Frequency
    11.4 Others
12. Wireless Microphones Market – By End Use Industry (Market Size -$Million/Billion)
    12.1 Government
    12.2 Educational Institutes
    12.3 Entertainment
    12.4 Consumers
    12.5 Enterprises
    12.6 Others
13. Wireless Microphones Market - By Geography (Market Size -$Million/Billion)
    13.1 North America
        13.1.1 U.S
        13.1.2 Canada
        13.1.3 Mexico
    13.2 South America
        13.2.1 Brazil
        13.2.2 Argentina
        13.2.3 Chile
        13.2.4 Colombia
        13.2.5 Others
    13.3 Europe
        13.3.1 Germany
        13.3.2 France
        13.3.3 UK
        13.3.4 Italy
        13.3.5 Spain
        13.3.6 Russia
        13.3.7 Netherlands
        13.3.8 Others
    13.4 APAC
        13.4.1 China
        13.4.2 Japan
        13.4.3 South Korea
        13.4.4 India
        13.4.5 Australia
        13.4.6 Indonesia
        13.4.7 Malaysia
        13.4.8 Others
    13.5 RoW
        13.5.1 Middle East
        13.5.2 Africa
14. Wireless Microphones Market - Market Entropy
    14.1 New product launches
    14.2 M&A's, collaborations, JVs and partnerships
15. Wireless Microphones Market – Industry Competitive Landscape (Premium)
    15.1 Market Share – Global
    15.2 Market Share by Region
    15.3 Market Share By End Use Industry
    15.4 Market Share By Microphone Type
16. Wireless Microphones Market – Key Company List by Country Premium (Premium)
17. Wireless Microphones Market - Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10

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