Global Audio Codec Market Size to reach 8.6 Billion US Dollar by 2027

Global Audio Codec Market analysis segmented by Component Type (Hardware and Software). By Application Type (Desktop and Laptop, Mobile Phone and Tablet, Music & Media Device and Home Theatre, Television and Gaming Console, Headphone, Headset, and Wearable Devices, Automotive Infotainment) and region (North America, Europe, Asia Pacific, Latin America, Rest of the world). Global Forecasting 2020-2027
Product Code:  IACTEIAS_19115855
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Audio Codec Market, by Component Type, 2018-2027 (USD Billion)
1.2.2.	Audio Codec Market, by Application Type, 2018-2027 (USD Billion)
1.2.3.	Audio Codec Market, By Region, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Audio Codec Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Audio Codec Market Dynamics	
3.1.	Audio Codec Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Audio Codec Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economic
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Audio Codec Market, by Component Type
5.1.	Market Snapshot 
5.2.	Global Audio Codec Market by Source, Performance - Potential Analysis
5.3.	Global Audio Codec Market Estimates & Forecasts by Component Type 2018-2027 (USD Billion)
5.4.	Audio Codec Market, Sub Segment Analysis
5.4.1	Hardware
5.4.2	Software
Chapter 6.	Global Audio Codec Market, by Application Type
6.1.	Market Snapshot 
6.2.	Global Audio Codec Market by Source, Performance - Potential Analysis
6.3.	Global Audio Codec Market Estimates & Forecasts by Application Type 2018-2027 (USD Billion)
6.4.	Audio Codec Market, Sub Segment Analysis
6.4.1.	 Desktop and Laptop
6.4.2.	Mobile Phone and Tablet
6.4.3.	Music & Media Device and Home Theatre
6.4.4.	Television and Gaming Console
6.4.5.	Headphone, Headset, and Wearable Devices
6.4.6.	Automotive Infotainment
Chapter 7.	Global Audio Codec Market, Regional Analysis
7.1.	Audio Codec Market, Regional Market Snapshot 
7.2.	North America Audio Codec Market 
7.2.1.	U.S. Audio Codec Market	Component Type breakdown estimates & forecasts, 2018-2027	Application Type breakdown estimates & forecasts, 2018-2027
7.2.2.	Canada Audio Codec Market
7.3.	Europe Audio Codec Market Snapshot
7.3.1.	U.K. Audio Codec Market 
7.3.2.	Germany Audio Codec Market
7.3.3.	France Audio Codec Market
7.3.4.	Spain Audio Codec Market
7.3.5.	Italy Audio Codec Market
7.3.6.	Rest of Europe Audio Codec Market
7.4.	Asia-Pacific Audio Codec Market Snapshot
7.4.1.	China Audio Codec Market 
7.4.2.	India Audio Codec Market 
7.4.3.	Japan Audio Codec Market
7.4.4.	Australia Audio Codec Market
7.5.	Latin America Audio Codec Market Snapshot 
7.6.	Rest of The World Audio Codec Market
Chapter 8.	Competitive Intelligence
8.1.	Top Market Strategies
8.2.	Company Profile
8.2.1.	  Analog Devices (US)	   Key Information	Overview	Financial (Subject to Data Availability)	Product Summary	Recent Developments
8.2.2.	  Cirrus Logic (US)
8.2.3.	  Maxim Integrated (US)
8.2.4.	  Qualcomm (US)
8.2.5.	  Realtek Semiconductor (Taiwan)
8.2.6.	  STMicroelectronics (Switzerland)
8.2.7.	  Texas Instruments (US)
8.2.8.	  DSP Group (US)
8.2.9.	  Dolby Laboratories (US)
8.2.10.	Technicolor (France)
Chapter 9.	Research Process
9.1.	Research Process
9.1.1.	Data Mining
9.1.2.	Analysis
9.1.3.	Market Estimation
9.1.4.	Validation
9.1.5.	Publishing
9.2.	Research Attributes
9.3.	Research Assumption

Global Audio Codec Market was valued at 5.6 Billion US Dollar in 2019 and expected to grow with a CAGR 5.5%. Audio Codec is an electronic device or computer-based software application, which is used to encode and decode audio. In software it is a computer-based program which compresses and decompresses digital audio data. In hardware it contains both digital to analog converter and analog to digital converter with the same clock signal. The objective of Audio Codec Device is to present reliable audio signal with minimum number of bits. Increasing demands of smart gadgets and technologies like internet of things (IOT) are the key driven factors of the global Audio Codec Market. In recent year, technology has developed in rapid way and internet penetrated in all the domains of industry which in turn Audio Codec Market growing Positively. For instance, As per Statista, in 2017 during a survey 82% people of United State listen audio music once in a week. Despite that, declining in the usage of optical media products and short term impact on consumer electronic industry due to Covid-19, are restraining the market growth of Audio Codec Market.
The regional analysis of the Audio Codec Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. In which, APAC accounted the largest market share of Audio Codec Market, as the region is manufacturing hub for the customer electronic industry, Advanced supply chain and logistic infrastructure. However, North America and Europe are key regions that contribute to the market share of Audio Codec Market. High presence of mobile companies, increasing users of Smart are the major factors adding the growth in Audio Codec Market.

Key Players in Global Audio Codec Market
Analog Devices (US)
Cirrus Logic (US)
Maxim Integrated (US)
Qualcomm (US)
Realtek Semiconductor (Taiwan)
STMicroelectronics (Switzerland)
Texas Instruments (US)
DSP Group (US)
Dolby Laboratories (US)
Technicolor (France)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component Type:
By Application Type:
Desktop and Laptop
Mobile Phone and Tablet
Music & Media Device and Home Theatre
Television and Gaming Console
Headset/Wearable Device/Automotive Information

By Region:
North America

Asia Pacific

Latin America
Rest of LA
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of Global Audio Codec Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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