Professional Microphone Market to Exceed $1.8 Billion in 2019 with Corporate Segment Creating Growth Opportunities

According to Futuresource Consulting's latest market report, the professional microphone market continues to display healthy growth and is on track to exceed revenues of $1.8 billion worldwide this year. That’s an increase of 6% on 2018, with a similar CAGR out to 2023. Among the growth application areas, the corporate segment continues to create the largest opportunities, followed immediately by the live sound and venue installation verticals.

Yamaha Unified Communications announced a professional audio conferencing solution specifically engineered for seamless and easy installation out of the box into boardrooms and large conference rooms utilizing UC applications. Available only in North America, the Yamaha YAI-1 Conference Ensemble is a preconfigured USB audio system that achieves optimum audio in and audio out for an organization's chosen UC platform.