Press release
Global Audio Codec Market Company Share, Industry Size, Strategies and Forecast to 2030
AUDIO CODEC MARKET
Browse 53 Market Data Tables and 50 Figures spread over 218 Pages, along with in-depth analysis on Global Audio Codec Market by Component, End-User, and by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Audio Codec Market Scenario
Audio codecs decompress and compress digital audio streams. With regard to software, audio codecs implement algorithms that decompress and compress digital audio data as per the given audio file coding format.
Recent advancements like decreased size, compatibility with other devices and software, stereo tuning, and frequency are implemented in energy-efficient devices. Also, given the rising compactness and minimized sound bandwidth, frequency adjustment in terms of device compatibility is being introduced in energy-efficient devices. For instance, Tempo Semiconductor Inc announced a new energy-efficient audio subsystem, TSCS454XX audio CODEC, for portable applications. It reduces system costs and minimizes board space through integration.
However, the vast availability of free, open-source audio codecs, and heavily patented and IP licensing hinder the market growth. The market is heavily patented, and as a result, innovations are delayed. Besides, the use of patent codecs in devices warrants high cumulative licensing fees, leading to increased device costs.
The Global Audio Codec Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Audio Codec Market by Component, End-User, and by Geography: https://inkwoodresearch.com/reports/audio-codec-market/#request-free-sample
Market Segmentation
Market by End-User
• Smart Home
• AR/VR
• Wearables
• Computer
• Portable
• Over-Ear Headphones
• True Wireless Stereo (Tws)
• Commercial
• Tablets
• Home Entertainment
• Automotive
• Phones
• Other End-Users
Market by Component
• Hardware Audio Codec
• Software Audio Codec
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• SONY GROUP CORPORATION
• TEXAS INSTRUMENTS INCORPORATED
• QUALCOMM INCORPORATED
• ITTIAM SYSTEMS PVT LTD
• ROHM CORPORATION LTD
• SYNAPTICS INC
• ANALOG DEVICES INC
• CIRRUS LOGIC INC
• DIALOG SEMICONDUCTOR PLC (ACQUIRED BY RENESAS)
• SYNOPSYS TECHNOLOGY INC
• STMICROELECTRONICS
• FRAUNHOFER INSTITUTE OF INTEGRATED CITCUITS
• DOLBY LABORATORIES INC
• BARIX AG
• REALTEK SEMICONDUCTORS CORPORATION
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GLOBAL FLEXIBLE ELECTRONICS MARKET - The global flexible electronics market is anticipated to record a CAGR of 7.32% during the forecast period, 2021-2028.
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