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

An expanding application scope in online tutorials is likely to encourage innovation in digital voice recorder manufacturing, hence propelling the market over the forecast period.

The global digital voice recorder market is expected to grow from $1.50 billion in 2022 to $1.66 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The global digital voice recorder market is expected to reach $2.46 billion in 2027 at a CAGR of 10.4%.

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Global Digital Voice Recorder Market Segments Include:

• By Product Type: MP3, Windows Media Audio (WMA), Waveform Audio File Format (WAV), Digital Speech Standard (DSS)
• By Recorder Interface: Bluetooth, Infrared, Universal Serial Bus (USB), Secure Digital card (SD card), Wireless
• By Memory Size: 1 GB, 2 GB, 4 GB, 8 GB, 16 GB
• By Battery Type: Rechargeable, AA, AAA, Lithium Ion, Other Battery Types
• By Consumer: Voice Recording, Commercial, Interview Recording, Other Consumers
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global digital voice recorder market in 2021.

Major Market Players in the digital voice recorder market include The Aigo Digital Technology Co Ltd., Cenlux Digital Technology Co Ltd., Panasonic Holdings Corporation, Hyundai Digital Tech Co. Ltd., Olympus Corporation, Koninklijke Philips N.V.

Technological advances have emerged as the most popular trend in the digital voice recorder market. To boost their market position, major players in the digital voice recorder market are releasing new creative products that incorporate artificial intelligence technologies. For example, Sony Corporation, a Japan-based technology business, unveiled Sony’s ICD-TX660, a new digital voice recorder packed with artificial intelligence technology, in July 2021. Sony’s ICD-TX660 has improved its AI capabilities with new features that reduce background noise, include automatic voice recording, a 16 GB internal memory for longer recordings, and convenient and efficient Chinese-language speech-to-text capabilities, made possible by a collaboration with AI Speech Ltd., a local start-up.

The Digital Voice Recorder Global Market Report 2023  provides a digital voice recorder market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The digital voice recorder market forecast analyzes digital voice recorder market size, digital voice recorder 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 digital voice recorder is an electrical device that records audio in digital format using a microphone and stores the recordings on a memory card or internal memory. Dictation, interviewing, and recording lectures or meetings are all common uses for digital voice recorders.

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