Global Microphone Market: Trends, Growth Drivers, and Forecasts 2025-2030
The global microphone market size is expected to reach USD 9.99 billion by 2030, expanding at a CAGR of 5.6% from 2025 to 2030, according to a recent study by Grand View Research, Inc. The rising adoption of microphones in the music industry is driving the growth of the global microphones market. Online shows and events have become increasingly popular due to easy access to the internet & smartphones. The internet on-demand video market has grown significantly, especially since the introduction of premium streaming platforms. Potential end-users, including stand-up comedians and motivational speakers, provide a significant opportunity for the market to grow. Thus, a noticeable increase in the number of events and online shows is expected to increase demand for mics and speakers, which is expected to support the growth of the microphones market. The COVID-19 pandemic led to an economic slowdown and a drop in disposable income globally. The low earning capabili...