Wireless Microphone Market size was valued at $301.4 million in 2020 and is expected to grow at a CAGR of 8.3% during forecast period 2021-2026 owing to increasing adoption of wireless microphones in education, corporate, sports and entertainment events sector.
The shift to cordless microphones with radio transmitter from the conventional wired type due to connectivity advantages and competitive price wireless devices over the wired ones is also set to drive the wireless microphone market for the period.
The Wireless Microphone market is also driven by factors such as increasing demand from educational institutions due to higher productivity of students and demands from online performing artists.
Rising adoption of commercial microphones due to rapid technological advancements as well growth of consumer electronics industry.
Accordingly, the demand for spectrum will also grow …
Source: IndustrieARC
Wireless Microphone Market – Forecast(2021 – 2026)
https://www.industryarc.com/Research/Wireless-Microphone-Market-Research-504082
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