The market for MEMS microphones has been growing steadily and, according to our research, is estimated to reach approximately $1.2 billion in 2015. Of the total market, almost $900 million is coming from smartphone, tablets, and wearable platforms. Additional applications include hearing aids, automotive, virtual reality, headsets, smart home, and IoT. As the quality of MEMS microphones continues to improve, new applications such as far field and directional audio are emerging. To get the latest scoop on this market segment, we recently spoke with Matt Crowley, CEO of MEMS microphone start-up company Vesper. In this detailed interview, Matt provides his perspective on the latest price and technology trends, emerging applications, competitive dynamics, and commercialization challenges. In addition to Matt’s comments, we also reached out to Jeremie Bouchaud at IHS to get his input and data as well.