The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Widespread adoption of smartphones globally are expected to drive innovation in microphones manufacturing, thus driving the market during the forecast period.

The global microphones market is expected to grow from $2.46 billion in 2022 to $2.53 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The global microphones market is expected to grow to $2.8 billion in 2027 at a compound annual growth rate (CAGR) of 2.6%.

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Global Microphones Market Segments Include:

• By Product Type:Wired Microphones, Wireless Microphones
• By End-User:Studio & Broadcasting, Large Venues and Events, Educational Institutions, Government and Military, Corporate, Hospitality
• By Application:Automotive, Commercial Security & Surveillance, Consumer Electronics, Industrial, Medical, Noise Monitoring & Sensing
• By Technology:Electret, MEMS, Other Technologies
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global microphones market in 2021.

Major Market Players in the microphones market include Knowles Corporation, Goertek, STMicroelectronics, BSE, NeoMEMS Technologies, Hosiden, InvenSense, Cirrus Logic, AAC Technologies, and Infineon Technologies.

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.

The Microphones Global Market Report 2023 provides a microphones market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The microphones market forecast analyzes microphones market size, microphones market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A microphone is a type of transducer that converts acoustic energy into audio signals.

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