The Audio Codec Market is expected to grow from USD 5.9 billion in 2020 to USD 7.8 billion in 2027, at a CAGR of 5%.
An audio codec (coder/decoder) is a type of audio IC (integrated circuit) that encodes analog audio into a digital signal and decodes the digital signal back to analog. It is an audio data converter that has both an analog-to-digital converter (ADC) and a digital-to-analog converter (DAC). Codecs, which are also data converters, are also used for encoding, decoding, compressing, and decompressing audio. Audio codecs use a bus to transmit digital data. These can include Linear Pulse Code Modulation (Linear PCM), Inter-IC Sound (I2S), AC-Link, Inter-Integrated Circuit (I2C), and Serial Peripheral Interface (SPI). Audio codecs find a wide range of applications in fields such as entertainment, gaming, consumer electronics, and automobiles.
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A full report of the Global Audio Codec Market is available at: https://www.orionmarketreports.com/audio-codec-market/58686/
Market Segments
BY COMPONENT TYPE
- Hardware
- Software
BY APPLICATION
- Desktop and Laptop
- Mobile Phone and Tablet
- Music & Media Device and Home Theatre
- Television and Gaming Console
- Headphone, Headset, and Wearable Devices
- Automotive Infotainment
Key Players
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
Scope of the Report
The research study analyzes the global Audio Codec industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Audio Codec Market Report
1. What was the Audio Codec Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Audio Codec Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Audio Codec Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Audio Codec market.
- The market share of the global Audio Codec market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Audio Codec market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Audio Codec market.
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