Audio Processing Chip Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Audio Processing Chip Market Size

The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period.

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The global Audio Processing Chip market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.

This report aims to provide a comprehensive presentation of the global market for Audio Processing Chip, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Audio Processing Chip.

By Type
• Two-channel
• Four-channel
• Six-channel

By Application
• Earphone
• Automobile
• Computer
• Cell Phone

Key Companies
Cirrus Logic, Qualcomm, Texas Instruments, Analog Devices, Realtek, Bestechnic, Dialog Semiconductor, Synaptics, NXP Semiconductors, ROHM, STMicroelectronics, Infineon, ON Semiconductor, Asahi Kasei Microdevices (AKM), Renesas, Yamaha, ESS Technology, New Japan Radio, E-mu, Ensoniq, C-Media

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This release was published on openPR.