Pro Microphone Market Size By Type (Unidirectional, Bidirectional, and Omnidirectional), By Technology (Wired, and Wireless), Application (Corporate, Media & Entertainment, Gaming, Education, Government & Military, Hospitality, and Others), Distribution Channel (Online and Offline), and Region - Market Share, Trend Analysis, Competitive Intelligence, Historical Data, and Forecast 2023 -2030
The gobal Pro Microphone Market size was around USD 3.67 billion in 2022 and is projected to grow around USD 5.56 billion by 2030, with a compound annual growth rate of roughly 4.2% between 2023 and 2030. A professional microphone is a high-quality microphone that is designed for use in professional applications such as podcasting, broadcasting, music recording, and live sound reinforcement. Professional microphones are typically more sensitive, have a wider frequency response range, and produce higher quality audio than consumer-grade microphones. There are many different types of professional microphones available on the market, each with their own unique features and benefits. The best microphone for a particular application will depend on the specific needs of the user and the intended use.
The increasing demand for content creation, professional-grade music recordings, voice-over streaming, and related applications serves as a significant driving force. Component shortages and supply chain disruptions have had a significant impact on the pro-audio industry, which has affected the availability and pricing of professional microphones. Overall, the professional microphone market is expected to continue growing in the coming years, driven by the increasing demand for high-quality audio recording and reproduction in a variety of industries.
- Based on type, the unidirectional segment held the largest market share
- Based on technology, the wireless segment dominated the market
- Based on application, the corporate segment is expected to register the largest share
- Based on distribution channel, the online segment is expected to dominate over the forecast period
- On the basis of region, North America accounted largest market share
Rising Demand of Wireless Microphones is a Vital Trend
There is a rising demand for wireless microphones driven by technological advancements and increasing demand for public speaking, live performances, television broadcasting, and more. The rise of wireless and clip-on microphones, as well as the use of USB and other digital connections for audio interfaces. There is also a growing interest in vintage and retro-style microphones, which offer a distinctive sound and aesthetic. Additionally, there has been a focus on creating microphones that are more environmentally friendly, with some manufacturers using recycled materials to reduce their carbon footprint.
Proliferation of Professional Audio Interfaces and IoT in Microphones is Propelling the Market Growth
The mounting popularity of professional audiovisual and IoT (Internet of Things) has led to an increase in the demand for connected microphones enabling customers to be controlled and monitored remotely through a network. This allows the use of advanced features such as beamforming, automatic gain control, and echo cancellation, as well as the ability to stream and store audio data for analysis and further processing. The integration of microphones into IoT networks also enables the creation of smart environments where microphones can detect and respond to voice commands, providing new opportunities for automation and interactivity. Aforementioned factors are expected to aid market progress in the forecast period.
Concerns Pertaining to High Costs of Pro Microphones is Hampering the Market
Professional microphones can be expensive due to the high-quality materials and manufacturing processes used in their construction. Additionally, the more advanced features offered by some of the top-end models, such as directional sensitivity, noise cancellation, and variable polar patterns, can increase the cost of the microphone as well. Some high-end studio microphones can cost thousands of dollars, while others may be priced in the $100-$500 range, depending on their features and capabilities. However, it's worth noting that many affordable options are also available for aspiring professionals or those on a tighter budget.
April 2023- LV Prasad Eye Institute in Hyderabad deployed Shure Microflex Advance Ceiling Array Microphone to ensure remarkable audio during practical sessions and live case discussions, which will enable surgeons, doctors, and practitioners to focus on the critical conditions, without distressing for any technical disruptions.
- AVL Media Group has been appointed as the exclusive distributor for Aston Microphones in North America. This partnership enables Canadian and US dealers to access the complete range of Aston products and benefit from localized supply and support services provided by the AVL team.
- Phenyx Pro launched PDP-1 and PDP-2 wireless microphones as part of its Phenyx Digital Portable (PDP) Series at an affordable cost.
By type, the market is categorised into unidirectional, bidirectional, and omnidirectional. The unidirectional segment held largest market share owing to widely used in applications where the target sound source is directly in front of the microphone and all other surrounding sounds (ambient noise) need to be minimized or eliminated. This can include various situations, such as live performances or recording in untreated rooms, that might face unwanted noise interference. For instance, in July 2022, ARA, a subsidiary of Harman, launched a USB microphone, ARA is two-capsule mic equipped with plug and play setup and supports laptops and desktops, which operates in Android and iOS-based devices.
On the basis of technology, the market is divided into wired and wireless. The wireless segment is expected to dominate the market owing to greater flexibility and mobility compared to wired microphones, allowing performers and speakers to move around more freely while delivering high-quality audio. Additionally, the immersive features of wireless microphones are giving tough competition to conventional wired microphones. This trend is expected to propel the uptake of wireless microphones, which is likely to foster the segment outlook exponentially.
By application, the market is divided into corporate, media & entertainment, gaming, education, government & military, hospitality, and others. The corporate segment is dominating the market owing to rising corporate events and training programs that demand high-quality content for better connectivity among the audiences. In addition, the use of omnidirectional microphones can help minimize unwanted ambient noise, resulting in a better attendee experience. As the demand for high-quality audio continues to grow in corporate events, the market for professional microphones is expected to expand substantially. Ongoing efforts by companies to tap into new geographies, integration of IoT in business workflows, and increase in the number of office spaces are the key drivers for the rapid growth of this particular segment. For instance, in October 2022, Shure launched UniPlex cardioid subminiature lavalier microphone for guest and corporate presentations in conference rooms, theatres, arenas, and lecture halls for speaking applications.
Based on distribution channel, the market is divided into online, and offline. The online segment is expected to dominate the market owing to several retailers offering a broad range of options for consumers, including Harman, Audio-Technica, and Movo, which are among the retailers that provide an extensive selection of high-quality microphones. Despite the prevalence of brick-and-mortar retailers in the industry, the convenience and accessibility of online shopping are driving growth of the market. Wireless microphones remain popular in certain applications, such as streaming, podcasting, and call centers. Overall, the online retail industry is expected to continue experiencing significant changes and innovations, including in the professional microphones market.
North America is the Dominating Region Owing to the Presence of Major Players
North America is the dominating region owing the presence of major players and advanced technologies. The growth of wireless digital technology is expected to be further amplified by the development and integration of new complimentary technologies. This is likely to attract investor confidence and prompt new startups to introduce innovative solutions with advanced features. Existing vendors will also continue upgrading their product portfolio to keep up with the competition. Therefore, the introduction of upgrades in the forthcoming period is speculated to drive industry growth. For instance, in March 2023, Audio-Technica launched the ATND1061DAN Ceiling Array in partnership with Q-SYS to offers clear and articulate audio quality, has the ability to filter out unwanted sounds, and enables camera position presets through real-time positioning data from the microphone for Microsoft Teams.
Asia Pacific to be the Fastest Growing Region Owing to the Booming Entertainment Industry
Asia Pacific is the fastest growing region on account of it being the hub of the entertainment industry as the Bollywood and Tollywood cinemas have a large audience. The increasing product demand in entertainment is augmenting market revenue, prompting big players to invest further in the market. The rising number of media and sports events in the region has led to a significant increase in demand for professional microphones. Additionally, the growing middle-class population in countries like Japan, Taiwan, India, and Hong Kong, along with the rising interest in advanced media and communication devices, is also driving market growth. Furthermore, infrastructure development in Japan and the growing digitization of India's economy are expected to have a significant impact on the market in the foreseeable future.
The global pro microphone market study is fragmented with key players such as Harman, Shure Audio Technologies Private Limited, Audio-Technica Ltd., BOYA, Yamaha Music India, Sony, Cisco, Samson Technologies Corp., Sennheiser electronic GmbH & Co. KG, JLab International, Vanguard Audio Labs, Phenyx Pro, Movo, Aston Microphones Ltd, Azden Corporation, Extron, Georg Neumann GmbH, RØDE. Companies employ a variety of strategic measures such as acquisitions, mergers, partnerships, product introductions, and collaborations to expand their business globally and enhance their competitive position.
The global Pro Microphone Market is segmented as:
- Media & Entertainment
- Government & Military
By Distribution Channel
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- North Africa
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Pro Microphone Market Size By Type