Digital Voice Recorder Market Scope
A digital voice recorder refers to a device that is used to record sound and voice with better quality sound recording and playback with no need for media. The sound file created on the recorder is managed in a document framework on an internal hard drive or removable flash drive that can be transferred to a PC for playback, interpretation, or sound altering.
According to AMA, the Global Digital Voice Recorder market is expected to see growth rate of 9.86% Research Analyst at AMA estimates that Japaneses Vendors will contribute to the maximum growth of Global Digital Voice Recorder market throughout the predicted period.
Samsung Electronics Co. Ltd. (South Korea), Hyundai Digital Tech Co Ltd. (South Korea), Aigo (China), Sony Corp. (Japan), Zoom Corp. (Japan), Panasonic Corp. (Japan), Olympus Corp. (Japan), Zoom Corp. (Japan) and Leap Investment Ltd. (Hong Kong) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Royal Philips NV (Netherlands) and Noel Leeming Group Ltd. (New Zealand).
Segmentation Overview
The study have segmented the market of Global Digital Voice Recorder market by Type (AA, AAA, Lithium Ion and Rechargeable), by Application (Commercial and Residential) and Region with country level break-up.
On the basis of geography, the market of Digital Voice Recorder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technology advancement to serve ever changing consumer demand
Market Growth Drivers:
Increasing demand for high quality product digital voice recorder, Increasing number of live concert and stage performance, Increasing infiltration of telecom networks and constant expansion and Higher penetration of reporters
Challenges:
Technological Constraint in Data Recorders
Restraints:
Certain electronic devices such as the smartphone that is capable of recording voices (Substitutes available), Low sensitive and High cost structure
Opportunities:
Few organizations have initiated to use online media to televise to broadcast their channels
Voice recording compliance is subject to the regulation by the FSA, PCI, and Data Protection and Freedom of Information Acts.
Key Target Audience
Digital Voice Recorder Manufacturer, Digital Voice Recorder Suppliers, Raw Material Suppliers, Research Company and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.