Wireless Microphone Market to Exhibit 8.8% CAGR till 2027; Rising Occurrences of Sunburn & Summerfest to Propel Growth: Fortune Business Insights™
Pune, June 29, 2020 (GLOBE NEWSWIRE) — The global wireless microphone market is set to gain impetus from the increasing occurrences of live music events, such as Rock in Rio, Summerfest, and Sunburn across the world. This information is given by Fortune Business Insights™ in a report, titled, “Wireless Microphone Market Size, Share & Covid-19 Impact Analysis, By Type (Handheld, Bodypack, and Tabletop), By Frequency band (Ultra High Frequency (UHF), Very High Frequency (VHF), 2.4 GHz, and Others), By End-user (Corporate, Retail, Transportation, Education, Healthcare, Sports and Entertainment, Others), and Regional Forecast, 2020-2027.” The report further mentions that this market size was USD 1.84 billion in 2019 and is projected to reach USD 3.60 billion by 2027, exhibiting a CAGR of 8.8% during the forecast period.