Uploaded on Nov 8, 2024
According to the latest research report by IMARC Group, The global audio CODEC market size reached US$ 6.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.43% during 2024-2032. More Info:- https://www.imarcgroup.com/audio-codec-market
Audio CODEC Market by Product Type, Distribution Channel, End User 2024-2032
Global Audio CODEC Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. A cc o r d i ng t o t h e l a te s t r e p o r t b y I MA R C G r ou p , t i t l e d " A u d i o C O D E C M ar k e t : G l o b a l I n d u s t r y T re n d s , S h a re , S i z e , Gr o w th , O p p o r t u n i ty an d F o r e ca s t 2 0 2 4 - 20 3 2 , " t h e g l o b a l a u d i o C O D E C m a r k e t s i z e r e a c he d U S $ 6 . 6 B i l l i o n i n 20 2 3 . A n a u d i o c o d e r - d e c od e r (C O D E C ) i s a t e c h n o l o g y f o r e n c o d i ng a nd d ec o d i n g d i g i t a l Report au d i o s i g n a l s . I t i s r e s p o ns i b l e f o r c o mp r e s s i ng a u d i o d a ta f o r e f f i c i e n t s t o r a g e o r t r a n s m i s s i o n an d t h e n d e co m p r e ss i n g i t f o r p l a y b a ck o r p r o c e s s i ng . A n a u d i o C O D E C a i ms t o m i n i m i z e t h e s i z e o f a u d i o f i l e s w h i l e m a i n t a i n i n g a c c e p t a b l e a u d i o q u a l i t y . A n Highlight and au d i o C OD E C em p l o ys v a r i o us a l g o r i t h m s t o ac h i e v e co m p re s s i o n a n d d ec o m p re s s i on . T h i s a l g o r i t h m a n a l y z e s t h e a ud i o s i g n a l , r e mo v e s r e d u nd a n c i es , a nd r e p r e s e n t s t h e da t a i n a mo r e e f f i c i e n t l y . T h e r e a re t w o ma i n t y p es o f a u d i o C OD E C s , s u c h as Description l o ss l e s s an d l o s sy . L o ss l e s s C O D E C p r es e r v e s a l l t h e o r i g i na l a u d i o d a ta w i t h ou t an y l o ss i n q u a l i t y . I t a c h i e ve s c o mp r e s s i on b y r e mo v i n g r e du n d a n t i n f o r ma t i o n a n d u t i l i z i n g a dv an c e d m a t h em a t i ca l t e c h n i qu e s . L o s s l e s s C O D E C i s c o mm o n l y u s e d i n p r o f e s s i on a l a ud i o a p p l i c a t i on s w he r e a u d i o q u a l i t y i s o f u t mo s t i m p o r t a n c e an d f i l e s i ze r e d uc t i o n i s s e c on d a r y . R eq u e s t f o r a P D F sa m p le o f th i s r ep o r t : h t t p s : / /w w w . i ma r c g r o u p . co m / a ud i o - c o de c - ma r k e t / r e q u e s t s a mp l e Report Description G l o b a l A u d i o C O D E C M a r k e t T r e n d s : O n e o f t h e p r i m a r y f a c t o r s d r i v i n g t h e m a r k e t i s t h e w i d e s p r e a d a d o p t i o n o f d i g i t a l a u d i o f o r m a t s . A d d i t i o n a l l y , t h e r i s e o f s t r e a m i n g s e r v i c e s h a s a l s o c o n t r i b u t e d t o t h e g r o w t h o f t h e a u d i o C O D E C m a r k e t . A u d i o C O D E C s t h a t o f f e r a b a l a n c e b e t w e e n c o m p r e s s i o n e f f i c i e n c y a n d a u d i o f i d e l i t y a r e i n h i g h d e m a n d , e n a b l i n g s t r e a m i n g s e r v i c e s t o p r o v i d e o p t i m a l a u d i o e x p e r i e n c e s t o t h e i r u s e r s . W i t h t h e i n c r e a s i n g p o p u l a r i t y o f m u s i c a n d v i d e o s t r e a m i n g p l a t f o r m s , e f f i c i e n t a u d i o C O D E C s a r e e s s e n t i a l f o r d e l i v e r i n g h i g h - q u a l i t y a u d i o o v e r l i m i t e d b a n d w i d t h c o n n e c t i o n s . C o n s e q u e n t l y , t h e g r o w i n g d e m a n d f o r h i g h - q u a l i t y a u d i o e x p e r i e n c e s i s i n c r e a s i n g t h e a d o p t i o n o f a d v a n c e d a u d i o C O D E C s . I n a d d i t i o n , c o n s u m e r s a r e i n c r e a s i n g l y s e e k i n g i m m e r s i v e a n d h i g h - f i d e l i t y a u d i o i n v a r i o u s a p p l i c a t i o n s , i n c l u d i n g h o m e e n t e r t a i n m e n t , g a m i n g , v i r t u a l r e a l i t y , a n d a u t o m o t i v e s y s t e m s . T h i s d e m a n d f o r e n h a n c e d a u d i o q u a l i t y p u s h e s t h e d e v e l o p m e n t o f C O D E C s t h a t c a n d e l i v e r s u p e r i o r s o u n d r e p r o d u c t i o n , s p a t i a l a u d i o , a n d i m p r o v e d d y n a m i c r a n g e . F u r t h e r m o r e , t h e a d v a n c e m e n t s i n a u d i o c o m p r e s s i o n t e c h n o l o g i e s p l a y a s i g n i f i c a n t r o l e i n d r i v i n g t h e a u d i o C O D E C m a r k e t . A s t e c h n o l o g y e v o l v e s , n e w a n d i m p r o v e d c o m p r e s s i o n a l g o r i t h m s a r e d e v e l o p e d , o f f e r i n g h i g h e r c o m p r e s s i o n l e v e l s w h i l e m a i n t a i n i n g a c c e p t a b l e a u d i o q u a l i t y . L o o k i n g f o r w a r d , I M A R C G r o u p e x p e c t s t h e m a r k e t t o r e a c h U S $ 9 . 1 B i l l i o n b y 2 0 3 2 , e x h i b i t i n g a g r o w t h r a t e ( C A G R ) o f 3 . 4 3 % d u r i n g 2 0 2 4 - 2 0 3 2 . V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / a u d i o - c o d e c - m a r k e t Breakup by Function: • With DSP • Without DSP Breakup by Component: • Hardware • Software Report Segmentation Breakup by End Use: • Computer • Phones • Tablets • Over-Ear Headphones • TWS • Home Entertainment • Commercial • Automotive • Portable • Smart Home • IoT • Wearable Report • AR/VR Segmentation Breakup by Region: • North America • Asia-Pacifi c • Europe • Latin America • Middle East and Afr ica • Analog Devices Inc. • Barix • Cirrus Logic Inc. Competitive • DSP Group Inc. • Qualcomm Inc. Landscape • Realtek Semiconductor Corp. with Key • Rohm Co. Ltd Players • STMicroelectronics • Texas Instruments Inc. What was the size of the global audio CODEC market in 2023? What is the expected growth rate of the global audio CODEC market during 2024-2032? What are the key factors driving the global audio CODEC market? Key What has been the impact of COVID-19 on the global audio CODEC market? Questions What is the breakup of the global audio CODEC market Answered in based on the function? the Report What is the breakup of the global audio CODEC market based on the component? What is the breakup of the global audio CODEC market based on the end use? What are the key regions in the global audio CODEC market? Who are the key players/companies in the global audio CODEC market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l A u d i o C O D E C M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y F u n c t i o n 6 . 1 W i t h D S P 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 W i t h o u t D S P 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y C o m p o n e n t 7 . 1 H a r d w a r e 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 S o f t w a r e 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y E n d U s e 8 . 1 C o mp u t e r 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 P h o n e s 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 T a b l e t s Table of 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t 8 . 4 O v e r - E a r H e a d p h o n e s 8 . 4 . 1 M a r k e t T r e n d s Contents 8 . 4 . 2 M a r k e t F o r e c a s t 8 . 5 T W S 8 . 5 . 1 M a r k e t T r e n d s 8 . 5 . 2 M a r k e t F o r e c a s t 8 . 6 H o me E n t e r t a i n m e n t 8 . 6 . 1 M a r k e t T r e n d s 8 . 6 . 2 M a r k e t F o r e c a s t 8 . 7 C o mm e r c i a l 8 . 7 . 1 M a r k e t T r e n d s 8 . 7 . 2 M a r k e t F o r e c a s t 8 . 8 A u to mo t i v e 8 . 8 . 1 M a r k e t T r e n d s 8 . 8 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t io n , v i s i t : ht tps : / /www. imarcgroup .com/aud io -codec -marke t / toc Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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