Digital Voice Recorder Industry Forecast and Size Analysis 2019-2025
Global Digital Voice Recorder Industry was valued at USD 1.21 Billion for the year 2017. Digital Voice Recorder Industry is further expected to grow at a CAGR of 11% from 2018 to reach USD 2.94 Billion by the year 2025. North America region holds the highest Industry share in 2017. While Asia Pacific region is considered as the fastest growing Industry in the forecasted period. The U.S. is the major Industry in 2017 at country level and it is further anticipated to grow at a steady pace in the next 5 years. Major Market Players in Digital Voice Recorded Industry are Olympus Corporation, Sony Corporation, Samsung Electronics Co. Ltd., Panasonic Corporation, Zoom Corporation, Hyundai Digital Tech Co. Ltd., Royal Philips NV, Hyundai Digital, ShenZhen Evistr Technology Co. Ltd., Noel Leeming Group Limited, TASCAM, Roland Corporation and other brief information of 10 companies will be provided in the report. Better global reach, both at production and at an operational level is the main reason for holding this Industry share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
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SWOT Analysis of Digital Voice Recorded Industry Strength Rising investments from vendors Weakness Use of smartphones which are capable of recording
Opportunities Developments in the telecom sector Threats The USB segment is expected to hold the highest Industry share during the forecast period.
On the other hand, the Commercial segment is expected to grow at the highest CAGR of X.X% during the forecasted period. Thus, Digital Voice Recorder Industry has a solid growth potential in developing and developed countries across the globe. Digital Voice Recorded Industry Overview By End-User Commercial Residential By Battery Type Lithium Ion Rechargeable Double-A Triple-A
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By Recorder Components Infrared SD Card Bluetooth USB
Others By Region North America • USA • Canada Europe • Germany • U.K. • France • Italy • Rest of Europe APAC • China • India • Japan • Rest of Asia-Pacific RoW • Latin America • Middle East & Africa
Table of Content 1. Introduction 1.1 Industry Vision 1.2 Limitations 1.3 Stakeholders
2. Research Methodology 2.1. Research Process 2.1.1. Secondary Research 2.1.1.1. Key Data from Secondary Research 2.1.2. Primary Research 2.1.2.1. Key Data from Primary Research 2.1.2.2. Breakdowns of Primary Interviews 2.2. Industry Size Estimation 2.2.1. Bottoms-Up Approach 2.2.2. Top-Down Approach 2.2.3. Annual Revenue Process 2.3. Data Triangulation 2.4. Research Assumptions 2.4.1. Assumption
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3. Executive Summary 11. Competitive Analysis 11.1. Introduction 11.2. Industry Positioning of Key Players 11.3 Competitive Strategies Adopted by Leading Players 11.3.1. Investments & Expansions 11.3.2. New Product Launches
11.3.3. Mergers & Acquisitions 11.3.4. Agreements, Joint Ventures, and Partnerships 12. Appendix 12.1. Questionnaire 12.2. Available Customizations 12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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