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Conference Microphone Market Share

Report ID: GMI10066
Published Date: Jul 2024
Report Format: PDF

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Conference Microphone Market Share

Conference Microphone Market Company Market Share Analysis (2023)

Key players in the conference microphone industry are Audio-Technica, Bose Corporation, Panasonic, Corporation, Rode Microphones, Sony Corporation, Bosch Security Systems and Sennheiser Electronics GmbH. Together, these companies accounted for a market share of 55-60% in 2023. These companies are known for their innovation and high-quality products in the audio and conference microphone industry, catering to a wide range of applications from the corporate boardrooms to educational institutions and live events.

Conference Microphone Market Share

Major companies operating in the conference microphone industry include:

AKG Acoustics
Audio-Technica Ltd.
Beyerdynamic GmbH
Bosch Security Systems
Bose Corporation
Clear One
Logitech International
MXL Microphones
Panasonic Corporation
Rode Microphones
Sennheiser Electronics GmbH
Shure Incorporated
Sony Corporation
TOA Corporation
Yamaha Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The conference microphone market was valued at USD 2.49 billion in 2023 and is anticipated to register 7% CAGR between 2024 and 2032, driven by the shift towards hybrid work arrangements.

The small conference room segment of the market held 44.2% share in 2023 and is anticipated to grow at 7% CAGR during 2024-2032, as 360° microphones, which pick up sound from all directions ensure that everyone can be heard properly.

Asia Pacific conference microphone market was valued at USD 1.03 billion in 2023 and is anticipated to register 7.7% CAGR between 2024 and 2032, driven by rapid urbanization and increasing adoption of advanced communication technologies.

AKG Acoustics, Audio-Technica Ltd, Beyerdynamic GmbH, Bosch Security Systems, Bose Corporation, Clear One, Logitech International, MXL Microphones, Panasonic Corporation, Rode Microphones, Sennheiser Electronics GmbH, and Shure Incorporated among others.