A recent report published by
Infinium Global Research on digital voice recorder market provides in depth
analysis of segments and sub-segments in global as well as regional markets of
digital voice recorder market. The study also highlights the impact of drivers,
restraints and macro indicators on the global and regional markets of digital
voice recorder over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
digital voice recorder market. According to report the global digital voice
recorder market is projected to grow at a CAGR of 10.5% over the forecast
period of 2018 - 2024.
Market Insights
The significant rise in
entertainment industry is the main factor driving the growth of the market. Additionally,
with the increase in number of stage shows and live performances are rising the
demand for digital voice recorder market worldwide. However, certain electronics devices such as smartphones that is
capable of recording voice may restrain the growth of digital voice recorder
market. Moreover, with the
penetration of telecom network there has been increase in online streaming
market. Additionally, the recent
report states that the market is expected to gain the growing opportunities of
technological advancements in particular field over the next few years.
Segments Covered
The report on global digital
voice recorder market covers segments such as component, battery type and end
user. The component segments include infrared, SD CARD, Bluetooth and USB. On
the basis of battery type the global digital voice recorder market is
categorized into AA, AAA, lithium ion and rechargeable. Furthermore, on the
basis of end user the digital voice recorder market is segmented as commercial and
residential.
Geographic Coverage
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2016 – 2024. The countries covered in
the North America region include the U.S., Canada, and Mexico; while
Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among
others. Moreover, European region covers countries such as Germany, UK, France,
Spain, and rest of Europe. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region
offers a substantial potential for the market growth owing to rapid growth in
markets such as India and China. The APAC region is projected to experience a
growth at a CAGR of x.x% over the period of 2018 - 2024.
Companies Profiled:
The report provides profiles of
the companies in the global digital voice recorder market such as, Panasonic
Corp, Hyundai Digital Tech Co. Ltd, Leap Investment Ltd, Shenzhen Hnsat
Industrial Co. Ltd, Samsung Electronics Co. Ltd, Olympus Corp, Royal Philips
NV, Sony Corp, Noel Leeming Group Ltd, and Zoom Corp.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the global digital voice recorder market. Moreover, IGR-Growth Matrix analysis
given in the report brings an insight on the investment areas that existing or
new market players can consider. The report provides insights into the market
using analytical tools such as Porter’s five forces analysis and DRO analysis
of digital voice recorder market. Moreover, the study highlights current market
trends and provides forecast from 2018 to 2024. We also have highlighted future
trends in the digital voice recorder market that will impact the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight on the market share of the leading players.
Additionally, the analysis highlights rise and fall in the market shares of the
key players in the market. This report will help manufacturers, suppliers and
distributors of the digital voice recorder market to understand the present and
future trends in this market and formulate their strategies accordingly.
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