Global Audio Codec Market

Audio Codec Market Size, Share, Growth Analysis, By Component (Hardware, Software), By Application (Desktop and Laptop, Mobile Phone and Tablet), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45I2218 | Region: Global | Published Date: December, 2024
Pages: 194 | Tables: 68 | Figures: 80

Audio Codec Market Competitive Landscape

Audio codec providers can target the growing popularity of wearable devices to create a new steady stream of revenue for their business. Companies can also focus on creating standard audio codecs that are compatible with all kinds of devices and products to improve application scope. Audio codec market players can also work closely with audio device manufacturers to create specific codecs that are custom-made for different brands ensuring their signature quality.

Top Player’s Company Profiles

  • Cirrus Logic 
  • Qualcomm 
  • Realtek Semiconductor 
  • Dolby Laboratories 
  • Technicolor 
  • Analog Devices 
  • STMicroelectronics 
  • Texas Instruments 
  • Fraunhofer IIS 
  • Xiph 
  • Broadcom 
  • AMS 
  • Tempo Semiconductor 
  • Dialog Semiconductor 
  • Digigram 
  • CML Microcircuits 
  • Tieline 
  • Synopsys 
  • AKM (Asahi Kasei Microdevices) 
  • Sony
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Audio Codec Market size was valued at USD 6.34 billion in 2022 and is poised to grow from USD 6.70 billion in 2023 to USD 10.35 billion by 2031, growing at a CAGR of 5.60% during the forecast period (2024-2031).

Audio codec providers can target the growing popularity of wearable devices to create a new steady stream of revenue for their business. Companies can also focus on creating standard audio codecs that are compatible with all kinds of devices and products to improve application scope. Audio codec market players can also work closely with audio device manufacturers to create specific codecs that are custom-made for different brands ensuring their signature quality. 'Cirrus Logic ', 'Qualcomm ', 'Realtek Semiconductor ', 'Dolby Laboratories ', 'Technicolor ', 'Analog Devices ', 'STMicroelectronics ', 'Texas Instruments ', 'Fraunhofer IIS ', 'Xiph ', 'Broadcom ', 'AMS ', 'Tempo Semiconductor ', 'Dialog Semiconductor ', 'Digigram ', 'CML Microcircuits ', 'Tieline ', 'Synopsys ', 'AKM (Asahi Kasei Microdevices) ', 'Sony'

Consumer electronics sales have increased rapidly in recent years and this trend is slated to be continued in the future as well. High demand for better quality audio in these consumer electronics is slated to benefit sales of audio codec in the future.

High-efficiency Audio Codecs: Audio codec makers should emphasize on the creation and development of high-efficiency codecs that are capable of providing best compression whilst minimizing loss of audio quality. Companies need to increase their investments in R&D to make this a possibility and boost revenue generation potential in the long run.

North America is estimated to account for a dominant stance in the global audio codec marketplace. Increasing willingness of consumers to spend more for high-quality audio products and the presence of key audio codec providers allow this region to hold sway over others. The United States is estimated to spearhead the demand for audio codec in North America followed by Canada. Rapid adoption of IoT and growing acceptance of advanced audio formats are also slated to create new opportunities for audio codec providers in the future.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Audio IC Market
Buy Now GET FREE SAMPLE
Audio Conferencing Services Market
Buy Now GET FREE SAMPLE
Audiobooks Market
Buy Now GET FREE SAMPLE
Audiology Devices Market
Buy Now GET FREE SAMPLE
Music Streaming Market
Buy Now GET FREE SAMPLE
Audio Amplifiers Market
Buy Now GET FREE SAMPLE
Voice Assistant Application Market
Buy Now GET FREE SAMPLE
Mobile Voice Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Audio Codec Market

Report ID: SQMIG45I2218

$5,300
BUY NOW GET FREE SAMPLE