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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
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
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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 $117 million, for entering into the high fidelity audio equipment market. Acquisition of the companies for the development of new products set to increase the wireless microphone mrket share of major companies.
- In September 2019, Saramonic, a professional audio equipment manufacturer had launched Saramonic Blink 500 system, a 2.4GHz wireless clip-on lavalier microphone system. Development of new products set to drive the wireless microphone market growth
Related Reports
Report Code: ESR 0223
Report Code: ESR 0523
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1. Wireless Microphones Market Overview
1.1 Definitions and Scope
2. Wireless Microphones Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key trends By End Use Industry
2.3 Key trends By Microphone Type
2.4 Key trends segmented by Geography
3. Wireless Microphones Market – Market Landscape
3.1 Comparative Analysis
3.1.1 Product/Company Benchmarking-Top 5 Companies
3.1.2 Top 5 Financial Analysis
3.1.3 Market Value Split by Top 5 Companies
3.1.4 Patent Analysis
3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Wireless Microphones Market – Industry Market Entry Scenario Premium (Premium)
4.1 Regulatory Scenario
4.2 Ease of Doing Business Index
4.3 Case Studies
4.4 Customer Analysis
5. Wireless Microphones Market – Startup Company Scenario (Premium)
5.1 Venture Capital and Funding Scenario
5.2 Startup Company Analysis
6. Wireless Microphones Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Wireless Microphones Market – By Strategic Analysis (Market Size -$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