ARN Innovation Awards
- 12 July 2018 16:14
Wireless Microphone industry is showing Positive Long-Term Growth.
A microphone without a physical connecting cable is called as a wireless microphone. A typical wireless microphone consists of a transmitter and a receiver. They have a rechargeable battery and are connected over Bluetooth or Wi-Fi. Hands-free operation, comfort, and mobility are various advantages of wireless microphone over wired microphone.
Increasing podcasting, television broadcasting, and public speaking activities across the globe are major factors driving growth of the global wireless microphone market. In addition, increasing number of BPO, call centers, and web chat services is another factor propelling growth of the global market to a certain extent. Increasing demand for wireless microphone for various sports events such as Olympics, World Cup, etc. is another factor further fueling growth of the target market. Moreover, increasing penetration of internet of things (IoT) is expected to further propel growth of the market to a significant extent over the forecast period.
As these devices work on radio frequency and battery, long time and long distance operations are factors still hampering growth of the global wireless microphone market. In addition, availability of 7A quality products is another factor hampering growth of the global market.
Technological advancements towards product development in terms of enhancing its efficiency and long range operations is expected to create lucrative opportunities for major players in the global market over the forecast period.