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Wireless Microphone Market to Register CAGR of 9.7% During 2022-2029; Shure Incorporated Launched SLX-D to Create Profitable Opportunities

August 25, 2022 | Information & Technology

The global wireless microphone market size was valued at USD 1.66 billion in 2021. The market is projected to grow from USD 1.72 billion in 2022 to USD 3.29 billion by 2029, exhibiting a CAGR of 9.7% during the forecast period.


This information is stated by Fortune Business Insights, in its report titled, Wireless Microphone Market Size, Share & COVID-19 Impact Analysis, By Type (Handheld, Bodypack, Tabletop), By Frequency (Ultra-high Frequency, Very High Frequency, 2.4 GHz, and Others), By Application (Auditorium, Theaters, Studios, Shopping Malls, Hotels, Restaurants, Bars, Large Retails, Malls, Parking Lots, Airports, Bus Stations, Education Institutes and Universities, Offices, Conferences Rooms, Sports Venues, Stadium, Public Gatherings, Concerts, Stage Shows, and Others), and Regional Forecast, 2022-2029.”


Supply Chain Interruptions and Shutdown of Production Units Hindered Wireless Microphone Market Growth during COVID-19


The COVID-19 pandemic commenced numerous difficulties in terms of the global supply networks. Various nationwide lockdowns have prevailed to hamper or even terminate the mobility of raw materials and finished goods, thus obstructing the manufacturing process. Nevertheless, the pandemic has not dynamically presented new supply chain concerns. It enclosed previously unknown weak sides in multiple industries, and numerous corporations have experienced worker scarcity and damages owing to COVID-19. Anyhow, it has hastened and exacerbated the already-existing supply chain problems.


Shure Incorporated Launches SLX-D System


Shure Incorporated unveiled an innovation to its digital wireless system, SLX-D. The system offers new mechanical designs, great audio quality, a well-organized setup, reliant RF performance, and more. SLX-D can be utilized in corporate spaces, educational establishments, the hospitality sector, as well as local governments. Moreover, the novel system is presented in single and dual-channel variations.


Augmenting Requirement and Progression of Compact Wireless Microphones to Encourage Market Progress


The ever growing demand for wireless technology in various industries is contributing to audio communications and conferencing solutions in commercial and professional environments. This has evolved the communication business with several enhancements and progressions in wireless system technology.


The prime corporations in the market are struggling to administer and innovate novel advancements in microphones, one of them being compact wireless technology. They offer compact wireless microphones compatible with mobile, wind cap, and cameras.


Important Business-related Announcements by Key Players to Influence Market Dynamics


Fundamental companies in the market often make crucial announcements regarding some business moves, which, in turn, affect the market either positively or negatively. Players acquire companies, launch new products, engage in partnership deals, sign contracts with government organizations, and so on.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/wireless-microphone-market-103099


Notable Industry Developments:



  • September 2021: Blue unveiled a novel feature to the Blue Yeti Family USB wireless mics. The Blue Voice software was accessible with Yeti X, Yeti, and Yeti Nano microphones. Consumers with this microphone are enabled to copy the newest version of Logitech’s G HUB software for no fees to gain admission to Blue Voice instantly.

  • January 2022: Rode presented Wireless GO II, a wireless microphone system, particularly intended for solo content creators. This device is well-matched with mobile devices, computers, and cameras. Wireless GO II is completely incorporated with streaming or podcasting software, thus transforming the device into a field recorder, and also upgrades the RODE Central for effortless file organization and administration. Additionally, it performs as a dual-channel receiver compatible with extra Wireless GO II transmitters.


List of Players Covered in the Report



  • Harman International (Samsung) (U.S.)

  • Logitech International S.A. (Blue) (Switzerland)

  • Sennheiser Electronic GmbH & Co. KG (Germany)

  • Sony Group Corporation (Japan)

  • Saramonic (China)

  • Shure Incorporated U.S.)

  • Shenzhen Jiayz Photo Industrial., Ltd (China)

  • Audio-Technica Ltd. (Japan)

  • Rode Microphones (Australia)

  • Samson Technologies Corp. (U.S.)


Further Report Findings


North America to hold the largest wireless microphone market share during the forecast period. North America is the core region to the world’s largest music market.


Based on application, the market is categorized into auditorium, theaters, studios; shopping malls, hotels, restaurants, bars, large retails, malls; parking lots, airports, bus stations; education institutes and universities; offices, conferences rooms; sports venues, stadium, public gatherings, concerts, stage shows; and others.


Table of Segmentation






















































  ATTRIBUTE



  DETAILS



Study Period



2018-2029



Base Year



2021



Estimated Year



2022



Forecast Period



2022-2029



Historical Period



2018-2020



Unit



Value (USD million)



Segmentation



By Type, Frequency, Application, and Geography



By Type




  • Handheld

  • Bodypack

  • Tabletop



By Frequency




  • Ultra-high Frequency (UHF)

  • Very High Frequency (VHF)

  • 2.4 GHz

  • Others (1.9 GHz)



By Application




  • Auditorium, Theaters, Studios

  • Shopping Malls, Hotels, Restaurants, Bars, Large Retails, Malls

  • Parking Lots, Airports, Bus Stations

  • Education Institutes and Universities

  • Offices, Conferences Rooms

  • Sports Venues, Stadium, Public Gatherings, Concerts, Stage Shows

  • Others



By Region




  • North America (By Type, By Frequency, By Application, and By Country)

    • U.S.

    • Canada



  • Latin America (By Type, By Frequency, By Application, and By Country)

    • Brazil

    • Mexico

    • Rest of South America





  • Europe (By Type, By Frequency, By Application, and By Country)

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe





  • Middle East & Africa (By Type, By Frequency, By Application, and By Country)

    • GCC

    • South Africa

    • Rest of Middle East & Africa





  • Asia Pacific (By Type, By Frequency, By Application, and By Country)


    • China

    • India

    • Japan

    • Southeast Asia

    • Rest of Asia Pacific



Wireless Microphone Market
  • PDF
  • 2021
  • 2018-2020
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