TMCnet News
Global Pro Microphone Market 2018-2023: Increasing Number of Exhibitions, Conferences, and Seminars Presents Market OpportunitiesDUBLIN, Feb. 1, 2018 /PRNewswire/ -- The "Pro Microphone Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. The pro microphone market is expected to reach $3,043 million in 2023 growing at a CAGR of over 2% during the forecast period. The corporate segment was the largest contributor to the pro microphone market accounting for over 25% of the total market share and is projected to grow at CAGR of more than 2% during the forecast period. The launch of corporate e-learning programs, which are designed for skill development and training employees, is driving the demand for professional microphones in the global market. The implementation of IT-enabled training rooms and a boost in the employment rate in some major US and European countries will contribute to the revenue of the global pro microphone market during the forecast period. In terms of geography, the pro microphone market is classified into APAC, Europe, Latin America, MEA, and North America. North America dominated the global pro microphone market occupying close to 34% of the total market share in 2017 and is projected to grow at a CAGR of around 2% during the forecast period. The US is the largest revenue contributor in the pro microphone market in North America. The expansion of retail industries and increase in construction activities is propelling the growth of the pro microphone market in North America. The growing demand for smart devices, connected systems, and professional music systems will have a positive impact on the pro microphone market in North America. The pro microphone market is moderately fragmented, and the leading vendors occupy the majority of the market share. Leading players are primarily focusing on innovation and upgrades with high functionality and design to gain the market share in the global pro microphone market. Companies are competing on the basis of quality, technology, and price. Key Topics Covered: 1 Research Methodology 2 Research objectives 3 Research process 4 Report Coverage 4.1 Market Definition 4.2 Base Year 4.3 Scope of Study 5 Report Assumptions & Caveats 5.1 Key Caveats 5.1.1 Inclusions 5.1.2 Exclusions 5.2 Currency Conversion rate 5.3 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 7.2 MacroEconomic Factors Driving Market 7.2.1 Economic Development 7.2.2 Per Capita GDP in Developing Markets 7.2.3 Dual-income Households in Developed Markets 8 Market Dynamics 8.1 Market Growth Enablers 8.1.1 Increased Demand from Corporate, Governments, and Institutions 8.1.2 Expansion of Live Music Industry 8.1.3 Growth in Music Production and Recording Equipment Market 8.1.4 YOY Impact of Market Growth Enablers 8.1.5 YOY Impact of Market Growth Enablers on Regions 8.2 Market Growth Restraint 8.2.1 Government Regulations - FCC Wireless Spectrum Auction 8.2.2 Technical Difficulties 8.2.3 YOY Impact of Market Growth Restraint 8.2.4 YOY Impact of Market Growth Restraint on Regions 8.3 Market Opportunities & Trends 8.3.1 Increasing Number of Exhibitions, Conferences, and Seminars 8.3.2 Increasing Number of Sporting Events 8.3.3 Growing Adoption in Educational Institutions 8.3.4 YOY Impact of Market Opportunities & Trends 8.3.5 YOY Impact of Market Opportunities & Trends on Regions 8.3.6 Sensitivity Analysis of Key Market Trends and Opportunities 9 Value Chain Analysis 9.1 Overview 9.2 Value Chain Analysis 9.2.1 Technology Suppliers 9.2.2 OEMs 9.2.3 AV Consultants or Integrators 9.2.4 System Dealers and Distributors 9.2.5 System End-users 10 Global Market 10.1 Sound Reinforcement: market Overview 10.2 Global Pro Microphone Market 10.3 Porter's Five Forces Analysis 11 Market By Product 11.1 Market Overview 11.2 Market Size & Forecast - Wired versus Wireless 11.2.1 Wireless Microphone Market by Sub-product Type - Handheld, Clip-on, and Others 12 Market by Format 12.1 Market Overview 12.2 Market Size & Forecast 12.2.1 Digital versus Analog 13 Market by End-users 13.1 Market overview 13.2 Global Pro Microphone Market by Corporate 13.3 Global Pro Microphone Market by Large Venues and Events 13.4 Global Pro Microphone Market by Educational Institutions 13.5 Global Pro Microphone Market by Government and Military 13.6 Global Pro Microphone Market by Studio and Broadcasting 13.7 Global Pro Microphone Market by Hospitality 13.8 Global Pro Microphone Market by Others 14 Market Segmentation by Distribution Channels 14.1 Market Overview 14.1.1 Manufacture, Production, and Distribution 14.1.2 Distribution through Retail Stores 14.1.3 Distribution through Online Websites 15 Geographical Segmentation Key Company Profiles
Other Prominent Companies
For more information about this report visit https://www.researchandmarkets.com/research/nbfx74/global_pro?w=5 Media Contact: Research and Markets |