A digital voice recorder is a key component of a system used to capture vocalizations and it is a type of digital recorder. Most of the commercially available equipment is designed for recording music and the human voice with close and cooperative subjects. The sound file made on the recorder is managed in a document framework on an internal hard drive or removable flash drive, which can be transferred to a PC for playback, interpretation, or sound altering. This device is comprised of a storage unit, power source, and recording formats, which are changeable in accordance with different applications.
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Data Bridge Market Research analyzes that the Global Digital Voice Recorder Market is expected to grow at a CAGR of 6.5% in the forecast period of 2023 to 2030 and is expected to reach USD 2,569,135.25 thousand by 2030.
Key Findings of the Study
Advancements in Digital Voice Recording Technology
Advancements in digital voice recording have made significant strides over the past few decades, enabling high-quality and convenient audio capture in various fields. Improved audio quality and digital voice recording technology have made significant strides in audio quality. This is due to advancements in digital signal processing and high-resolution audio codecs. Modern recording devices can capture sound with greater clarity, accuracy, and richness. This ensures that the recorded audio is faithful to the original source and enhances the overall listening experience. The major players in the global digital voice recorder market are releasing cutting-edge products for mission-critical uses, which is fueling the demand for durable digital voice recorders in the industry.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015 - 2015)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Type (Mono Digital Voice Recorders, Stereo Digital Voice Recorders, Voice Activated Digital Voice Recorders, Specialty Digital Voice Recorders, and Others Digital Voice Recorders), Recording Format (MP3, WAV, and Others), Memory (8 GB, 16 GB, 32 GB, 4 GB, 2 GB, 1 GB, and Others), Connectivity (Wired and Wireless), Application (Professional and Personal), Power Source (Battery Powered and Plug), End-User (Media & Entertainment, Healthcare, Government & Law Enforcement, Education, Banking, Financial Services, and Insurance (BFSI), Industrial, Aerospace & Defense, Automotive, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K., France, Spain, Italy, Netherlands, Russia, Switzerland, Denmark, Sweden, Poland, Belgium, Turkey, Norway, Finland, Rest of Europe, China, Japan, South Korea, India, Malaysia, Taiwan, Australia, Singapore, Indonesia, Thailand, New Zealand, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Bahrain, U.A.E., Kuwait, Oman, Qatar, Egypt, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Olympus Corporation (Japan), Sony (Japan), Zoom (Japan), Koninklijke Philips N.V. (the Netherlands), Roland Corporation (Japan), TEAC Corporation (Japan), inMusic, Inc.(U.S.), Sennheiser electronic GmbH & Co. KG (Germany), Eastman Kodak Company (U.S.), Panasonic Marketing Middle East & Africa FZE (Japan), Honeywell International Inc. (U.S.), Shure Incorporated (U.S.), Saramonic USA (U.S.), Shenzhen HNSAT Industrial Co., Ltd. (China), Lectrosonics (U.S.), Coby (U.S.), Blast Radio (U.S.), Pulse Communication Systems Pvt Ltd. (India), Unique Mini Voice Recorders (ATTO DIGITAL) (U.S.), Productech (U.S.), and Movo (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The global digital voice recorder market is segmented into seven notable segments based on type, recording format, memory, connectivity, application, power source, and end-user.
- On the basis of type, the market is segmented into mono digital voice recorders, stereo digital voice recorders, voice-activated digital voice recorders, specialty digital voice recorders, and others digital voice recorders. In 2023, the mono digital voice recorders segment is expected to dominate the market with a 36.39% market share.
- On the basis of recording format, the market is segmented into MP3, WAV, and others.
In 2023, MP3 segment is expected to dominate the global digital voice recorder market
In 2023, the MP3 segment is expected to dominate the market with a 54.56% market share, as these audio files can be streamed easily and without any disruptions over the internet as a result of their small size. This allows them to distribute easily without technical difficulties.
- On the basis of memory, the market is segmented into 8 GB, 16 GB, 32 GB, 4 GB, 2 GB, 1 GB, and others. In 2023, the 8 GB segment is expected to dominate the global digital voice recorder market with a 31.27%market share.
- On the basis of connectivity, the market is segmented into wired and wireless. In 2023, wired segment is expected to dominate the market with a 69.85% market share.
- On the basis of application, the market is segmented into professional and personal.
In 2023, professional segment is expected to dominate the global digital voice recorder market
In 2023, the professional segment is expected to dominate the market with a 63.47% market share, as this category involves higher usage of devices for business meetings, recording security evidence, and for many other industrial purposes as compared to personal usage.
- On the basis of power source, the market is segmented into battery powered and plug. In 2023, the battery powered segment is expected to dominate the market with a 84.67% market share.
- On the basis of end-user, the market is segmented into media & entertainment, healthcare, government & law enforcement, education, banking, financial services, and insurance (BFSI), industrial, aerospace & defense, automotive, and others. In 2023, the media & entertainment segment is expected to dominate the market with a 26.15% market share.
Major Players
Data Bridge Market Research recognizes the following companies as the major key players in the global digital voice recorder market that include Olympus Corporation (Japan), Sony (Japan), Zoom (Japan), Koninklijke Philips N.V. (the Netherlands), Roland Corporation (Japan), TEAC Corporation (Japan), inMusic, Inc.(U.S.), Sennheiser electronic GmbH & Co. KG (Germany), Eastman Kodak Company (U.S.), Panasonic Marketing Middle East & Africa FZE (Japan), Honeywell International Inc. (U.S.), Shure Incorporated (U.S.), Saramonic USA (U.S.), Shenzhen HNSAT Industrial Co., Ltd. (China), Lectrosonics (U.S.), Coby (U.S.), Blast Radio (U.S.), Pulse Communication Systems Pvt Ltd. (India), Unique Mini Voice Recorders (ATTO DIGITAL) (U.S.), Productech (U.S.), and Movo (U.S.) among others.
Market Developments
- In June 2023, Shure Incorporated. and Airtame announced a partnership at InfoComm 2023, offering optimum audio and flexibility for modern workspaces through the integration of Shure Stem Ecosystem devices and Airtame Hybrid Conferencing Solution. This collaboration simplifies collaboration in Bring-Your-Own-Device (BYOD) meeting rooms, providing users with streamlined meetings and a frictionless conferencing experience. This helped the company in enhancing the future of work and communication.
- In November 2022, Pulse Communication Systems Pvt Ltd. Is ISO 9001: 2015 certified company. ISO 9001:2015 is a globally recognized standard that outlines the criteria for implementing a quality management system. Achieving ISO 9001:2015 certification requires ongoing maintenance and regular audits to ensure compliance with the standard. Such certification helped a company establish a culture of quality, continuous improvement, and customer satisfaction, leading to operational excellence, enhanced reputation, and long-term business success.
- In November 2021, Productech corp.’s Productech dictopro recorder was recognized in the list of “5 best voice recorders for journalists” by Windows Report. Such recognition not only helped the company to gain attention globally but also assisted in attracting more customers.
- In September 2021, Unique Mini Voice Recorder (Atto Digital) launched FirstRec, the world's first voice recorder with a color OLED display and simplified menu. It aims to empower and support vulnerable groups in society, including children, seniors, and people with disabilities, by making recording accessible to everyone. With its inclusive design and intuitive operation, FirstRec assists in education, skills development, and everyday tasks, promoting independence, autonomy, and communication for users of all ages.
- In July 2021, Sony launched new AI-featured digital voice recorder with Chinese-language speech-to-text functions which aims to tap into the growing demand for advanced features in the market. By integrating high-quality sound design and artificial intelligence capabilities, Sony aims to compete with successful Chinese vendors and meet the evolving needs of users, such as enlarged memory storage and multi-language speech-to-text functionality.
Regional Analysis
Geographically, the countries covered in the global digital voice recorder market report are U.S., Canada, Mexico, Germany, U.K., France, Spain, Italy, Netherlands, Russia, Switzerland, Denmark, Sweden, Poland, Belgium, Turkey, Norway, Finland, Rest of Europe, China, Japan, South Korea, India, Malaysia, Taiwan, Australia, Singapore, Indonesia, Thailand, New Zealand, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, Bahrain, U.A.E., Kuwait, Oman, Qatar, Egypt, Israel, and Rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global digital voice recorder market globally during the forecast period of 2023-2030
North America is expected to dominate the market due to several factors. The region has a well-established industrial and manufacturing sector, which creates a high demand for digital voice recorders in various applications. Moreover, the region has strict environmental and safety regulations, which require the use of high-quality digital voice recorders.
North America is estimated to be the fastest-growing region in the global digital voice recorder market in the forecast period of 2023-2030
North America is expected to grow during the forecast period due to the increasing adoption of advanced technologies in industries such as automotive and entertainment, which is expected to drive the demand for digital voice recorders in the region. In addition, the region has a high level of infrastructure development, which further drives the demand for digital voice recorders.
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