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Global Wireless Microphone Market to Witness a CAGR of 6.4% during 2019-2025

1126 Days ago

NEW YORK, April 22, 2019 (GLOBE NEWSWIRE) -- The global wireless microphone market is expected to witness a CAGR of 6.4% to reach USD 3,401.68 million by 2025. Advancement in wireless technology, growing adoption of wireless devices, and rising capital investment in research and development activities are the prime factors attributing the market growth. Moreover, increasing reliance on remote accessible and portable electronic devices is further expected to propel the demand for the wireless microphone during the forecast period.

Wireless microphone is a wireless audio transmitting device that propagates the sound within the desired platform. Wireless microphones facilitate to eliminate the trip hazard in comparison to the wired microphones. Also, emergence of new digital technologies can considerably helps to expand the number of wireless microphones in many application areas such as entertainment industry, education institutions, sports, hospitality, and among others. In addition, they are also deployed to reduce the complexity of the design and enhance the modularity of the system.

Key Findings of the Report:

  • On the basis of type, clip-on segment is likely to emerge as the fastest growing segment during 2019-2025. Increasing commercial events is projected to foster the demand for clip-on wireless microphone market.
  • Based on technology, the others segment is expected to grow with the highest CAGR during the forecast period
  • Commercial application is expected to dominate the global wireless microphone market in 2018, and expected to continue its dominance over the years to come
  • Based on the end-use, the media and entertainment segment is anticipated to emerge as the fastest growing  market in 2018, and expected to retain its dominance over the forecast period
  • Major players profiled in the global wireless microphone market includes; Sennheiser Electronic GmbH & Co. KG, Koninklijke Philips N.V., Shure Incorporated, Sony Corporation, Blue, Audio Technica, AKG Harman, BBS, Samson Technologies Corp., and Audix among others.

Browse full research report with TOC on  " Global Wireless Microphone Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2025" at: https://www.energiasmarketresearch.com/global-wireless-microphone-market-report/

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Global Wireless Microphone Market - Regional Insight

Geographically, the global wireless microphone market is segmented into North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. North America is anticipated to dominate the market in 2018, owing to the rapid advancement in technology, presence of prominent market players, and significant use of wireless microphone in various applications. However, Asia-Pacific is likely to register the highest CAGR over the forecast period owing to the rising adoption of smart devices such as tablets, smart phones and others. In addition, emerging economies such as China and Japan is further expected to augment the market growth during the forecast period.

The report segments the global wireless microphone market on the basis of Type, Technology, Application, End-use, and Region.

  • By Type
    • Handheld Microphones
    • Clip-On Microphones
    • Headset / Headworn
    • Others
  • By Technology
    • Wi-Fi
    • Bluetooth
    • Others
  • By Application
    • Residential
    • Commercial
  • By End-use
    • Educational Institutions
    • Hospitality
    • Aerospace and Defense
    • Games and Sports
    • Media and Entertainment
    • Others
  • By Region:
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Rest of Asia-Pacific
    • Central and South America (CSA)
      • Brazil
      • Rest of CSA
    • Middle East and Africa
      • UAE
      • South Africa
      • Rest of MEA

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Energias Market Research launched with the objective to provide in-depth market analysis, business research solutions, and consultation that is tailored to our client’s specific needs based on our impeccable research methodology.

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