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What is the current market size and future outlook for the microphones market?
The microphones market size has grown steadily in recent years. It will grow from $4.92 billion in 2024 to $5.15 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to media and entertainment industry, telecommunications and audio communication, consumer electronics, professional audio recording, live performances and events.
The microphones market size is expected to see steady growth in the next few years. It will grow to $5.98 billion in 2029 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to voice-activated devices, 5g technology, telemedicine and remote work, automotive voice control, iot devices. Major trends in the forecast period include directional microphones, wireless and bluetooth connectivity, miniature and wearable microphones, usb microphones, environmental and noise-canceling microphones.
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How has the microphones market evolved, and what factors have shaped its growth?
Widespread adoption of smartphones globally contributing to the growth of the microphones market. The demand for mobiles is directly proportional to demand for microphones. Mobile penetration is rapidly growing day by day across the globe, it is estimated that more than 5 billion people have mobile phones and half of them are smartphones. Younger people are more likely to have smartphones, access to the internet and use social media to be digitally connected. According to a Pew Research Center survey conducted across 18 advanced economies revealed that, a median of 76% have smart phones compared with a median of 45% in emerging economies. In Japan 69% of men and 63% of women own smartphones. Therefore, adoption of mobile phones is expected to increase the microphones market’s growth.
What are the major segments of the microphones market?
The microphones market covered in this report is segmented –
1) By Product Type: Wired Microphones, Wireless Microphones
2) By Technology: Electret, MEMS, Other Technologies
3) By Application: Automotive, Commercial Security And Surveillance, Consumer Electronics, Industrial, Medical, Noise Monitoring And Sensing
4) By End-User: Studio And Broadcasting, Large Venues and Events, Educational Institutions, Government and Military, Corporate, Hospitality
Subsegments:
1) By Wired Microphones: Dynamic Microphones, Condenser Microphones, Ribbon Microphones, Lavalier Microphones, Headset Microphones
2) By Wireless Microphones: Handheld Wireless Microphones, Lavalier Wireless Microphones, Headset Wireless Microphones, Clip-on Wireless Microphones
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Which companies dominate the microphones market?
Major companies operating in the microphones market include Knowles Corporation, Goertek, STMicroelectronics, BSE, NeoMEMS Technologies, Hosiden, InvenSense, Cirrus Logic, AAC Technologies, Infineon Technologies, OMRON, New Japan Radio, Bosch Sensortec, MEMSensing, Robert Bosch GmbH, Analog Devices Inc, Audio-Technica, HARMAN International (SAMSUNG), MUSIC Group (MUSIC Tribe), Sennheiser Electronic, SHURE, Sony, Yamaha, Mouser Electronics, Akustica Inc., Shandong Gettop Acoustic Co. Ltd., Vesper Technologies, CUI Inc, ZillTek Technology Corp., Hosiden Corporation, Sonion, Georg Neumann GmbH, Microscan Systems Inc., AKG Acoustics, Nevaton, Neumann, MXL, Soyuz Microphones, Solomon Design, ShuaiYin, Oktava
Which transformative trends will shape the microphones market landscape?
In both developing and developed economies, devices such as Amazon Alexa and Google Home are gaining popularity. These devices are manufactured by extensive use of microphones, which can respond to human voices. A smart assistant can perform various tasks such as playing music, news with the help of software that is installed in these smart devices. The home users are interacting with the SPA technology, which is an emerging innovation that is changing the way. The growing demand for personal home assistance owing to increasing disposable incomes and standard of living are driving revenues in the global microphones market.
How do regional factors impact the microphones market, and which region is the largest contributor?
Asia-Pacific was the largest region in the microphones market in 2023. North America was the second-largest region in the microphones market. The regions covered in the microphones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Microphones Market Report 2025 Offer?
The microphones market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A microphone is a type of transducer that converts acoustic energy into audio signals. Microphones refer to devices that convert sound waves into electrical signals. They are used to capture audio for various applications, including recording, broadcasting, and communication.
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