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Digital Voice Recorder Market By components (Infrared, SD Card, Bluetooth, USB) By End Users (Commercial, Residential) - Global opportunity Analysis and Industry Forecast, 2018-2023.

 Semiconductors and Electronics

Report Overview

GLOBAL DIGITAL VOICE RECORDER MARKET was valued at USD 1.21 Billion for the year 2017. Digital Voice Recorder Market is further expected to grow at a CAGR of 11.1% from 2018 to reach USD 2.39 Billion by the year 2023. North America region holds the highest market share in 2017. While Asia Pacific region is considered as the fastest growing market in the forecasted period. The U.S. is the major market in 2017 at country level and it is further anticipated to grow at a steady pace in the next 5 years.

Olympus Corporation (Japan), Sony Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Panasonic Corporation (Japan), Zoom Corporation (Japan) are some of the top producers in the Digital Voice Recorder Market with Zoom Corporation holding a substantial market share in 2017. Better global reach, both at production and at an operational level is the main reason for holding this market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.


             Rising investments from vendors


             Use of smartphones which are capable of recording


             Developments in the telecom sector



The USB segment is expected to hold the highest market share during the forecast period.

On the other hand, the Commercial segment is expected to grow at the highest CAGR of X.X% during the forecasted period. Thus, Digital Voice Recorder Market has a solid growth potential in developing and developed countries across the globe.

Key Benefits for Stakeholders

Digital Voice Recorder Manufacturers, Distributors and Retailers

Research and Consulting organization

Government bodies

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policymakers and consumers.

By Recorder Components


SD Card




By End-User



By Battery Type

Lithium Ion




By Region

North America




Key Market Players

Olympus Corporation

Sony Corporation

Samsung Electronics Co., Ltd.

Panasonic Corporation

Zoom Corporation

Hyundai Digital Tech Co. Ltd.

Royal Philips NV

Hyundai Digital

ShenZhen Evistr Technology Co. Ltd.

Noel Leeming Group Limited


Roland Corporation

(Another brief information of 13 companies will be provided in the report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Digital Voice Recorder Market, By Recorder Components

6.1. Infrared

6.2. SD Card

6.3. Bluetooth

6.4. USB

6.5. Others

7. Digital Voice Recorder Market, By End-User

7.1. Commercial

7.2. Residential

8. Digital Voice Recorder Market, By Battery Type

8.1. Lithium Ion

8.2. Rechargeable

8.3. Double-A

8.4. Triple-A

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. Russia

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. Japan

       9.4.3. China

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. Latin America



    Rest of Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

10.1. Olympus Corporation

10.2. Sony Corporation

10.3. Samsung Electronics Co., Ltd.

10.4. Panasonic Corporation

10.5. Zoom Corporation

10.6. Hyundai Digital Tech Co. Ltd.

10.7. Royal Philips NV

10.8. Hyundai Digital

10.9. ShenZhen Evistr Technology Co. Ltd.

10.10. Noel Leeming Group Limited

10.11. TASCAM

10.12. Roland Corporation

(Another brief information of 13 companies will provided in report)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


No Content Available.



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