Technology News & Trends

  The demand within the global  digital voice recorder market  is treading along an ascending trajectory in recent times. The importance of a sound conversion device in multiple industries has paved way for the development of resilient digital voice recorders. These recorders offer the option of storing recorded audio and sound as a digital file. Besides, the ability to play this digital file on multiple devices has also popularised digital voice recorders. Therefore, the total volume of revenues within the global digital voice recorder market shall increase as the electronics industry achieves digital maturity. A report by Transparency Market Research (TMR) predicts that the global digital voice recorder market would grow at a formidable CAGR of 11.50% over the period between 2017 and 2022. The total value of the global voice recorders market is set to touch US$1.91 bn by 2022-end, rising up from a value of US$1.15 bn by 2017. The stellar growth rate of this market can b...

With the presence of a copious number of companies, the global market for digital voice recorder is fragmented with intense competition. In this scenario, top companies are aggressively engaged in technological advancements to serve ever-changing consumer demand, for which they are investing heavily in this market. In the years ahead, these players are likely to concentrate on regional expansion, for which they might resort to business alliances with regional players. Key companies operating in the digital voice recorder market include Sony Corp., Hyundai Digital Tech Co Ltd., Zoom Corp., Panasonic Corp., Olympus Corp., Leap Investment Ltd., Zoom Corp., Royal Philips NV, Shenzhen Hnsat Industrial Co. Ltd., and Noel Leeming Group Ltd. As per a research report by Transparency Market Research (TMR), the global digital voice recorder market is likely to be valued at US$1.91 bn by 2022 from US$1.15 bn in 2017. This rise alludes to 11.50% CAGR over the 2017-2022 forecast period. B...