Microphone Array Market Trends, Dynamics & Market Insights - PowerPoint PPT Presentation

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Microphone Array Market Trends, Dynamics & Market Insights

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Significant adoption of next-gen consumer electronics is a key factor driving the product demand. Many consumer devices, such as tablets, smartphones, and smartwatches have microphones embedded in them, thus increasing the market growth. Also, the rising deployment of microphones in industrial sectors for a long time for communication and voice applications further augment the industry growth. In addition, the surging demand for advanced and distant speech recognition has increased due to the growing trend of virtual conferencing and seminars offering ample opportunities to the market players. – PowerPoint PPT presentation

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Title: Microphone Array Market Trends, Dynamics & Market Insights


1
Presents a Research Report on Microphone Array
Market
The report on the  Microphone Array Market is
segmented By Type (Ceiling Array Microphone,
Table Array Microphone, Ceiling Table Array
Microphones, Beamforming MicroArray), By
Application (Automotive, Meeting spaces
conference rooms), and Region - COVID-19 Impact
Analysis and Forecast to 2026. This market
research report provides in-depth information on
trends, dynamics, revenue opportunities,
competitive landscape, and recent developments in
the global microphone array market.


www.stratviewresearch.com
Market Reports
Advisory Consulting
Sourcing Intelligence
2
The Microphone Array Market Highlights Drivers
Significant adoption of next-gen consumer
electronics is a key factor driving the product
demand. Many consumer devices, such as tablets,
smartphones, and smartwatches have microphones
embedded in them, thus increasing the market
growth. Also, the rising deployment of
microphones in industrial sectors for a long time
for communication and voice applications further
augment the industry growth. In addition, the
surging demand for advanced and distant speech
recognition has increased due to the growing
trend of virtual conferencing and seminars
offering ample opportunities to the market
players.
  • Market Insight
  • By Application Type
  • Based on application, the microphone array market
    is categorized into automotive and meeting spaces
    conference rooms. The automotive segment held a
    significant market share in 2020 and is estimated
    to register a healthy CAGR during the forecast
    timeline.
  • The growing integration of mobile hands-free
    features in vehicles spurs the demand for
    microphone arrays in the automotive sector.
    Microphone arrays enable to reduce environmental
    noise and increase speech recognition accuracy,
    thereby bolstering the segment growth.

3
Market Insight Competitive Insights
  • By Region
  • By region, the Asia Pacific market accounted for
    a significant share in 2020 and is expected to
    grow at the highest CAGR in the following years.
    This is mainly ascribed to the strong presence of
    consumer electronics and semiconductor companies
    in South Korea, China, Taiwan, and Japan. Also,
    The widespread production of automotive vehicles
    in the region as well as increasing demand for
    advanced technology majorly in passenger cars
    further proliferates the regional market growth.
  • Key Players
  • Andrea Electronics (US)
  • GRAS (Denmark)
  • XMOS Ltd (UK)
  • PCB Piezotronics (US)
  • Acoustic Magic (US)
  • Phoenix Audio Technologies (US)
  • ClearOne (US)
  • Polycom, Inc. (US)
  • Shure (US)
  • Beyerdynamic (Germany).

4
Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

5
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

6
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
7
Contact Us for More Information and Sample Pages
Ask for Sample Pages here https//www.stratviewr
esearch.com/Request-Sample/2136/Microphone-Array-M
arket.htmlform Email us at sales_at_stratviewrse
arch.com Call Us 1-313-307-4176
8
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