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Conference system (microphone) is a solution for team members to interact and cooperate with colleagues regarding the administration and operations performed in various industries. The increasing digitization and rising adoption of internet-based applications are anticipated to propel the market growth. Furthermore, a conference system (microphone) includes a microphone to enable effective and efficient two-way communication. These systems comprise a central unit, software & interface modules, a chairman unit, and a discussion panel. Business Research Insights states that the conference system (microphone) market size was valued at USD 1,780 million in 2019 and is expected to reach USD 2,954.5 million by 2027 at a CAGR of 7.6% during the forecast period.
Remote Work Culture Benefitted the Sale of Conferencing Systems
The companies operating in various industries adopted remote work culture in the initial lockdown phase to avoid virus spread and to maintain social distancing norms imposed by governments. Digital infrastructure development and technological advancements in the industry bolstered companies to expand their business reach. Furthermore, the leading players in the industry adopted a hybrid work culture of team member convenience. Due to the revision in business modules and changing work culture globally, video conferencing systems were in high demand.
Below Mentioned are the Profiles of Leading Conference System (Microphone) Companies:
1. Bosch
Bosch is a Germany-based multinational company established in November 1886. The company is headquartered in Gerlingen, Germany. It is one of the leading companies in the engineering and electronics sector. Majorly, Bosch focuses on manufacturing and selling of automotive components and industrial products. The company works in various verticals to serve several end-use industries.
2. Shure
Shure is an American corporation specializing in manufacturing audio products. The company was established in 1925 and is headquartered in the U.S. It is known for manufacturing high-quality noise cancellation headphones with efficient and clear microphones used by various industries.
3. Taiden Industrial Co. Ltd
Taiden Industrial Co. Ltd was established in 1996 and is headquartered in China. The company is known as one of the leading organizations in the R&D, manufacturing, and sales of advanced conference systems. Taiden is registered in 130 countries and sold its products in around 120 foreign countries.
4. Televic
Televic is headquartered in France and is one of the country's leading manufacturers of audio systems. The company actively works in various verticals to provide its services in several end-use industries such as education, healthcare, and the industrial sector. It has 75 years of experience in around 9 global locations.
5. TOA Corporation
TOA Corporation is a Japanese multinational company operating in the electronics sector since 1949. The company is headquartered in Hyogo, Japan. TOA is specialized in manufacturing and supplying first-class and high-quality commercial audio products, mixers, amplifiers, and speakers.
6. Beyerdynamic
Beyerdynamic is a multinational brand that manufactures and deploys wireless audio systems, microphones, conference systems, and headphones. The company was established in 1924 and is headquartered in Germany. Beyerdynamic develops high-end products with various features, such as portability, for gaming, studio & home, and content creator.
7. Audio-Technica Corporation
Audio-Technica Corporation was established in 1962 and is headquartered in Tokyo, Japan. The company has been serving globally for 60 years by manufacturing and delivering professional headphones, microphones, and turntables. It focuses on producing high-quality products by incorporating advanced technologies.
8. Brahler
Brahler is a Germany-based multinational company established in 1958. The company delivers its manufactured audio system in various industries globally. Brahler focuses on developing and designing smart conferencing systems with high feasibility and efficiency.
9. Sennheiser
Sennheiser is a private company established in June 1945. The company is headquartered in Germany and delivers its products globally. Sennheiser designs and manufactures high-fidelity products such as headphones, microphones, aviation headsets, and telephone accessories. It is represented in more than 50 countries.
10. Audix
Audix is headquartered in the U.S. and is known for its 38 years of excellent services. The company was established in 1984 and focuses on technologies to develop high-quality audio and conference system (microphone).
5G Era is Supporting Conference System Adoption
Various industries highly adopt video conferencing systems due to remote and hybrid working cultures. Also, a high-quality and efficient conference system (microphone) is in demand by public and private sector organizations due to its feasibility and portability features. The developing technological infrastructure and emerging 5G technology ensure better connectivity and high-speed data to provide seamless services and enhanced customer experience.