Global Audio Codec Market: SUPPLY CHAIN, DATA MANAGEMENT & ANALYTICS FORECASTING 2027

Audio Codec is a device or a computer program that encodes or decodes an audio signal. A software-based Audio Codec implements an algorithm, which is designed to compress and decompress digital data streams. The purpose of this operation is minimizing the number of bits, of the given audio file, while retaining its accuracy and quality and helps in reducing the demand for storage space and bandwidth for transmission. Audio Codec ICs are used in portable media devices or consumer applications such as mobile phones, tablets, automotive, home theatre, PCs, and gaming systems.

Key players operating in the global audio codec market include: Cirrus Logic, Inc., Qualcomm Inc., Realtek Semiconductor Corp., Analog Devices, Inc., Maxim Integrated Products, Inc., Stmicroelectronics N.V., Texas Instruments Inc., DSP Group, Inc., Dolby Laboratories, Inc., Technicolor SA

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Global Audio Codec Market: Taxonomy
By Component Type:
-Hardware-Based Audio Codec
-Mono Codec
-Stereo Codec
- Multi-Channel Codec
-Software Based Audio Codec
-Non-Compression
-Lossy Compression
-Lossless Compression

By Application:
-Automobile
-Television Sets
-Smartphones and tablets
-Desktop and laptops
-Headphone, Head Sets and Wearable devices
-Music & Media Devices and Home Theatres
-Gaming consoles
-Others

By Region:
-North America
-Europe
-Asia Pacific
-Latin America
-The Middle East
-Africa

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Regional Insight:
Asia Pacific held the dominant position in the market in 2017 and is expected to retain its dominance throughout the forecast period. Asia Pacific has emerged as a major manufacturing hub for the consumer electronics, which use audio codec. Some emerging economies such as China, India, and Japan are few of the major mobile phone manufacturing countries in the region.

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