GMI announces an ongoing comprehensive report on the “Digital Voice Recorder Market”. This report provides an exhaustive account of the industry including:
- Digital Voice Recorder Market, market size, historical from 2014 to 2018 and annual forecast from 2019 to 2025
- Major Digital Voice Recorder industry trends, technology evolution, economic indicators and business challenges
- Regulatory and geopolitical trends impacting the industry
- Business drivers and pitfalls impacting key regional markets
- Competitive landscape of the industry and detailed profiles on the major companies
To request a detailed table of contents (TOC) of this report, please click the link below: https://www.gminsights.com/request-toc/upcoming/3422
Commercial applications will account for a major revenue share of global digital voice recorder market owing to a widespread use of the devices in music, journalism, educational and advertising fields. Online education has gathered tremendous momentum over the past few years where voice recorders are used to prepare pre-recorded lectures and sessions. Digital voice recording could also be useful for businesses to sound professional when setting up high-quality recording for callers. Supposedly, the right tone for customer interactions helps add credibility to a business from the point of view of a consumer. Continuous rise in automation of customer query handling for enterprises and the observed growth in e-learning will certainly drive digital voice recorder industry demand.
Digital voice recorders with Bluetooth support will gain significant traction in the coming years due to momentous increase in the number of mobile phones, tablets and laptops that are equipped with easy connectivity solutions. Users can record and transfer smaller files quickly to relevant devices for further editing, enhancing and then uploading onto the targeted media. Recently, Sony had released its PCM-D10 model, which was the company’s first professional voice recorder with Bluetooth support, which can be deployed across several applications. Bluetooth digital voice recorder market will witness substantial demand from the increasing penetration of compatible portable devices.
North America digital voice recorder market is poised to register accelerated growth over the forecast timeframe with rising number of online entrepreneurs and podcasters in countries like the U.S. Podcasting requires high sound quality as it is usually aimed at a countrywide or even a global audience, making it important to use a professional recording device rather than just a smartphone. Every year number of podcasts being broadcasted in growing and speakers seemingly prefer to keep updating their devices to leverage the latest technologies in sound recording and processing.
Podcast advertising revenues in U.S. had reached nearly USD 314 million in 2017, which was an 86% rise over the previous year. Significant revenue prospects offered by podcasting will fuel digital voice recorder market growth in U.S., as more number young people and experienced industry experts begin podcasts to reach a larger listener base.
Some of the key competitors mentioned in the report include Aigo, Olympus, Philips, Sony, Cenlux, Hyundai Digital and Hnsat. The intense competition between leading companies and the threat from smartphones as well as other alternatives could stimulate the integration of new features in the devices. Software developers could also look to build innovative applications suited for working with digital recordings, expanding the scope of the market.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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