Audio Codec Market by Component Type (Hardware and Software), Application (Desktop and Laptop, Mobile Phone and Tablet, Headphones, Headset and Wearable Devices), and Region - Global Forecast to 2036
Audio Codec Market Summary
The Audio Codec Market was valued at approximately USD 7–8 billion in 2025 and is projected to reach USD 18–20 billion by 2036, expanding at a CAGR of 8–10% during the forecast period (2025–2036). The market is experiencing steady and strategic growth as digital audio becomes a fundamental component across consumer electronics, automotive infotainment, communication systems, and smart devices. Audio codecs—responsible for encoding and decoding digital audio signals—are critical for enabling high-quality sound transmission and efficient data compression. The rapid expansion of smartphones, wireless audio devices, streaming platforms, and connected ecosystems is driving market growth. Additionally, the integration of artificial intelligence (AI), Internet of Things (IoT), and automation technologies is transforming audio processing capabilities, enabling advanced features such as noise cancellation, voice recognition, and adaptive sound optimization. As digital transformation accelerates across industries, the demand for high-performance, low-power audio codecs continues to rise, positioning the market for sustained growth.
Key Market Trends & Insights
The Audio Codec Market is evolving with technological advancements and changing consumer preferences. North America leads the market due to strong adoption of advanced audio technologies and a mature consumer electronics ecosystem. Asia Pacific is the fastest-growing region, driven by large-scale electronics manufacturing and increasing demand for smart devices. Hardware-based audio codecs dominate the market, particularly in smartphones and consumer electronics, where performance and efficiency are critical. Emerging trends include AI-powered audio processing, spatial audio technologies, and immersive sound experiences. Automation is enhancing audio signal optimization and reducing latency, while IoT integration is enabling seamless audio connectivity across devices. The growing popularity of wireless audio solutions and streaming services is further accelerating innovation in codec technologies.
Market Size & Forecast
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Base Year Market Size (2025): USD 7–8 Billion
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Forecast Value (2036): USD 18–20 Billion
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CAGR (2025–2036): 8–10%
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Growth is driven by increasing demand for high-quality audio, expansion of smart devices, and advancements in AI-driven audio technologies.
Audio Codec Market Top 10 key takeaway
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The Audio Codec Market is projected to grow at a CAGR of 8–10% through 2036.
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North America leads due to advanced technology adoption.
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Asia Pacific is the fastest-growing region.
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Hardware codecs dominate the product segment.
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AI integration is enhancing audio quality and performance.
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Wireless audio devices are driving demand.
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IoT expansion is enabling connected audio ecosystems.
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Automotive infotainment systems are a key growth driver.
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Streaming services are boosting codec innovation.
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Automation is improving audio processing efficiency.
Product Insights
Hardware-based audio codecs dominate the Audio Codec Market due to their widespread integration in consumer electronics such as smartphones, tablets, laptops, and wireless audio devices. These codecs are designed to deliver high-quality audio performance with low power consumption, making them essential for battery-operated devices. Their dominance is further supported by continuous advancements in semiconductor technologies, enabling improved sound clarity and reduced latency.
Software-based codecs are also gaining traction, particularly in streaming and communication applications where flexibility and scalability are critical. These codecs allow for real-time updates and customization, making them suitable for cloud-based and IoT-enabled systems. Emerging product categories include advanced multi-channel codecs and high-resolution audio solutions designed for immersive experiences. The integration of AI into audio codecs is enabling features such as adaptive noise cancellation, voice enhancement, and context-aware audio processing, significantly enhancing user experience.
Technology / Component Insights
The Audio Codec Market is driven by key technologies such as digital signal processing (DSP), compression algorithms, and high-definition audio standards. These technologies enable efficient encoding and decoding of audio signals while maintaining high sound quality. Advances in semiconductor design and integration are further enhancing codec performance and energy efficiency.
AI and machine learning are playing a transformative role in audio processing, enabling real-time analysis and optimization of sound signals. AI-powered codecs can adapt to different environments, improve speech recognition, and enhance audio clarity. IoT integration is expanding the scope of audio codecs, as connected devices require seamless audio communication and synchronization. Cloud computing is supporting remote audio processing and streaming, while automation is improving manufacturing efficiency and reducing costs.
Future innovation trends include the development of immersive audio technologies such as spatial and 3D audio, as well as the integration of codecs with augmented reality (AR) and virtual reality (VR) systems. The adoption of low-power and high-efficiency codecs is also expected to drive growth, particularly in wearable and portable devices.
Application Insights
Consumer electronics is the leading application segment in the Audio Codec Market, driven by the widespread use of smartphones, headphones, smart speakers, and wearable devices. Audio codecs are essential for delivering high-quality sound and enabling seamless audio communication in these devices.
The automotive sector is another significant application area, where audio codecs are used in infotainment systems, navigation systems, and in-car communication systems. The increasing demand for connected and autonomous vehicles is driving the adoption of advanced audio technologies. Telecommunications is also a key application segment, with codecs playing a critical role in voice communication and conferencing systems.
Emerging applications include healthcare, where audio codecs are used in hearing aids and medical devices, and industrial systems, where they enable communication and monitoring. Future opportunities lie in smart home systems, gaming, and immersive entertainment, where high-quality audio is a critical component of user experience.
Regional Insights
North America dominates the Audio Codec Market, supported by strong technological infrastructure, high adoption of advanced audio solutions, and the presence of leading technology companies. The region’s focus on innovation and premium audio experiences is driving market growth.
Europe is experiencing steady growth, driven by increasing adoption of advanced audio technologies in automotive and consumer electronics applications. The region is also focusing on sustainability and energy efficiency, contributing to market expansion.
Asia Pacific is the fastest-growing region, fueled by rapid industrialization, expanding electronics manufacturing, and rising demand for smart devices. Countries such as China, Japan, and South Korea are major contributors to market growth.
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North America leads due to strong technological ecosystem
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Europe shows steady growth driven by automotive demand
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Asia Pacific is the fastest-growing region
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Rising demand for consumer electronics is driving growth
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Investments in smart technologies are accelerating adoption
Country-Specific Market Trends
In Asia Pacific, China leads the Audio Codec Market with a projected CAGR of 10–12%, driven by its strong manufacturing base and increasing demand for consumer electronics. Japan follows with a CAGR of 8–10%, focusing on high-quality audio innovation and advanced technologies.
In North America, the United States dominates the market due to its advanced technology ecosystem and high adoption of smart devices. Canada and Mexico are experiencing steady growth, with CAGRs ranging from 7–9%, supported by increasing demand for connected devices.
In Europe, Germany and France are key contributors to market growth, with CAGRs of approximately 8–9% and 7–8%, respectively. These countries are focusing on integrating advanced audio technologies into automotive and industrial systems.
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China leads APAC with strong manufacturing capabilities
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Japan focuses on high-quality audio innovation
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United States dominates North America market
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Canada and Mexico show steady growth trends
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Germany and France lead Europe in adoption
Key Audio Codec Market Company Insights
The Audio Codec Market is highly competitive, with companies focusing on innovation, AI integration, and strategic collaborations to strengthen their market position. Leading players are investing in advanced technologies and product development to meet evolving consumer demands.
Major companies include Qualcomm Incorporated, Cirrus Logic, Inc., Realtek Semiconductor Corp., Texas Instruments Incorporated, Analog Devices, Inc., NXP Semiconductors N.V., STMicroelectronics N.V., MediaTek Inc., Sony Group Corporation, and AKM Semiconductor, Inc. These companies are leveraging AI and automation to enhance audio performance, improve efficiency, and expand their global presence.
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Companies are investing in advanced audio technologies
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AI-driven audio processing is a key focus area
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Strategic partnerships are driving innovation
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Expansion into emerging markets is a major growth strategy
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Automation is enhancing production efficiency
Recent Developments
Recent developments in the Audio Codec Market highlight the focus on innovation and performance enhancement. In 2025, a leading semiconductor company launched an AI-powered audio codec designed for noise cancellation and voice enhancement in smart devices. Another major player introduced a low-power codec optimized for wearable devices, offering extended battery life and high-quality audio. Additionally, a strategic partnership between a chipset manufacturer and a consumer electronics company aims to develop next-generation audio solutions for immersive experiences.
Market Segmentation
The Audio Codec Market is segmented based on product, technology/component, application, and region. By product, the market includes hardware and software codecs, with hardware dominating due to its widespread use in consumer electronics. By technology, the market is segmented into DSP-based codecs, compression algorithms, and high-definition audio technologies. Application-wise, the market covers consumer electronics, automotive, telecommunications, healthcare, and industrial sectors. Regionally, the market is divided into North America, Europe, Asia Pacific, and Rest of the World.
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Hardware codecs dominate the product segment
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DSP-based technologies are widely used
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Consumer electronics is the leading application area
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Asia Pacific offers the highest growth potential
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Automotive and healthcare applications are gaining traction
The Audio Codec Market is poised for steady growth through 2036, driven by increasing demand for high-quality audio, advancements in AI and IoT technologies, and the expansion of smart and connected devices. As industries continue to adopt digital transformation and immersive technologies, audio codecs will play a critical role in enabling seamless communication and enhanced user experiences. The integration of AI, automation, and advanced processing technologies is expected to further enhance codec performance and efficiency. With strong growth potential and strategic importance across multiple sectors, the Audio Codec Market presents significant opportunities for innovation and investment.
FAQs
1. What is the current market size of the Audio Codec Market?
The market was valued at approximately USD 7–8 billion in 2025.
2. What is the expected growth rate of the market?
The market is expected to grow at a CAGR of 8–10% from 2025 to 2036.
3. What are the key drivers of market growth?
Key drivers include increasing demand for high-quality audio, AI integration, IoT expansion, and growth of consumer electronics.
4. Which region dominates the Audio Codec Market?
North America currently holds the largest market share.
5. Who are the key players in the market?
Major companies include Qualcomm, Cirrus Logic, Realtek, and Texas Instruments.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 19)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 MARKET STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 23)
2.1 RESEARCH DATA
FIGURE 1 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.2 MARKET SIZE ESTIMATION
FIGURE 2 PROCESS FLOW OF MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing market share by bottom-up analysis (Demand Side)
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis (Supply Side)
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTION
3 EXECUTIVE SUMMARY (Page No. - 32)
3.1 AUDIO CODEC MARKET: POST COVID-19
3.1.1 REALISTIC SCENARIO
FIGURE 4 REALISTIC SCENARIO: MARKET, 2017–2025 (USD BILLION)
3.1.2 PESSIMISTIC SCENARIO
FIGURE 5 PESSIMISTIC SCENARIO: MARKET, 2017–2025 (USD BILLION)
3.1.3 OPTIMISTIC SCENARIO
FIGURE 6 OPTIMISTIC SCENARIO: MARKET, 2017–2025 (USD BILLION)
FIGURE 7 IMPACT OF COVID-19 ON MARKET
FIGURE 8 MARKET, BY COMPONENT (USD MILLION)
FIGURE 9 MARKET, BY APPLICATION
FIGURE 10 AUDIO CODEC MARKET, BY GEOGRAPHY
4 PREMIUM INSIGHTS (Page No. - 37)
4.1 INNOVATIONS IN SMARTPHONES AND WEARABLE DEVICES TO CREATE ATTRACTIVE OPPORTUNITIES FOR AUDIO CODEC MARKET
FIGURE 11 INCREASING PRODUCT DEVELOPMENT PRACTICES AND PENETRATION OF INNOVATIVE TECHNOLOGIES ACROSS MULTIPLE APPLICATIONS TO BOOST GROWTH OF MARKET DURING FORECAST PERIOD
4.2 MARKET, BY COMPONENT
FIGURE 12 SOFTWARE AUDIO CODEC SEGMENT TO DOMINATE MARKET IN 2020
4.3 MARKET, BY APPLICATION
FIGURE 13 HEADPHONE, HEADSET, AND WEARABLE DEVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.4 AUDIO CODEC MARKET, BY GEOGRAPHY
FIGURE 14 APAC TO HOLD LARGEST MARKET SHARE IN 2020
5 MARKET OVERVIEW (Page No. - 40)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 AUDIO CODEC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing internet penetration and data traffic
FIGURE 16 MOBILE DATA TRAFFIC PER SMARTPHONE BY 2025 (GB PER MONTH)
5.2.1.2 Increasing adoption of IoT-enabled connected devices for daily users
FIGURE 17 ESTIMATION OF IOT CONNECTIONS BY 2025 (BILLION)
5.2.1.3 Surging demand for telecommunication systems amid COVID-19 outbreak to drive market for audio codecs
FIGURE 18 MARKET DRIVERS: IMPACT ANALYSIS
5.2.2 RESTRAINTS
5.2.2.1 Declining use of optical media products
5.2.2.2 Short-term impact on consumer electronics industry due to COVID-19
FIGURE 19 MARKET RESTRAINTS: IMPACT ANALYSIS
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for android set-top boxes and video-on-demand services
5.2.3.2 Rising demand for infotainment in passenger cars
FIGURE 20 GLOBAL IN-VEHICLE INFOTAINMENT SYSTEM SHIPMENT BETWEEN 2017 AND 2024
FIGURE 21 MARKET OPPORTUNITIES: IMPACT ANALYSIS
5.2.4 CHALLENGES
5.2.4.1 Continuous optimization of component size
5.2.4.2 Variations in demand and supply due to COVID-19
FIGURE 22 MARKET CHALLENGES: IMPACT ANALYSIS
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED BY ORIGINAL EQUIPMENT MANUFACTURERS AND SOFTWARE PROVIDERS
5.4 PORTER’S FIVE FORCE ANALYSIS
TABLE 1 IMPACT OF EACH FORCE ON AUDIO CODEC MARKET
5.5 PRICING ANALYSIS
TABLE 2 PRICE OF AUDIO CODEC (USD)
5.6 TRADE ANALYSIS
5.6.1 EXPORT SCENARIO OF MICROPHONES, STANDS, EARPHONES, HEADPHONES, AND AUDIO AMPLIFIERS
FIGURE 24 EXPORT OF MICROPHONES, STANDS, EARPHONES, HEADPHONES, AND AUDIO AMPLIFIERS
5.6.2 IMPORT SCENARIO OF MICROPHONES, STANDS, EARPHONES, HEADPHONES, AND AUDIO AMPLIFIERS
FIGURE 25 IMPORT OF MICROPHONES, STANDS, EARPHONES, HEADPHONES, AND AUDIO AMPLIFIERS
5.7 AUDIO CODEC MARKET ECOSYSTEM
TABLE 3 MARKET: ECOSYSTEM
5.8 CASE STUDY ANALYSIS
5.8.1 MEDIA MAGIC ENABLED LEADING SPEAKER MANUFACTURER TO INTEGRATE MULTI-ROOM/MULTI-ZONE CAPABILITIES INTO ITS SMART WIRELESS SPEAKER
5.8.2 AMERICAN SMARTWATCH BRAND ENHANCES ITS APPEAL AND DELIVERS OUTSTANDING USER EXPERIENCE WITH ITTIAM’S SBC CODEC
5.9 PATENT ANALYSIS
TABLE 4 SOME IMPORTANT INNOVATIONS & PATENT REGISTRATIONS, 2007–2018
5.10 TECHNOLOGY ANALYSIS
5.10.1 LOSSLESS AUDIO COMPRESSION
5.10.2 SUBSTITUTE TECHNOLOGY/REDUNDANT TECHNOLOGY
5.11 REGULATORY UPDATE
5.11.1 US
5.11.2 EUROPE
6 AUDIO CODEC MARKET, BY COMPONENT (Page No. - 59)
6.1 INTRODUCTION
TABLE 5 MARKET, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 6 MARKET, BY COMPONENT, 2020–2025 (USD MILLION)
6.2 HARDWARE
TABLE 7 AUDIO CODEC MARKET FOR HARDWARE COMPONENT, BY VALUE, 2017–2025
FIGURE 26 MARKET FOR HARDWARE COMPONENT, BY VOLUME, 2020 AND 2025 (MILLION UNITS)
TABLE 8 MARKET FOR HARDWARE COMPONENT, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 9 MARKET FOR HARDWARE COMPONENT, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 10 MARKET FOR HARDWARE COMPONENT, BY REGION, 2017–2019 (USD MILLION)
TABLE 11 MARKET FOR HARDWARE COMPONENT, BY REGION, 2020–2025 (USD MILLION)
TABLE 12 MARKET FOR HARDWARE COMPONENT IN NORTH AMERICA, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 13 MARKET FOR HARDWARE COMPONENT IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 14 MARKET FOR HARDWARE COMPONENT IN EUROPE, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 15 AUDIO CODEC MARKET FOR HARDWARE COMPONENT IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 16 MARKET FOR HARDWARE COMPONENT IN APAC, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 17 MARKET FOR HARDWARE COMPONENT IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 18 MARKET FOR HARDWARE COMPONENT IN ROW, BY REGION, 2017–2019 (USD MILLION)
TABLE 19 MARKET FOR HARDWARE COMPONENT IN ROW, BY REGION, 2020–2025 (USD MILLION)
6.2.1 AUDIO CODEC HARDWARE, BY CHANNEL TYPE
TABLE 20 MARKET FOR HARDWARE COMPONENT, BY CHANNEL TYPE, 2017–2019 (USD MILLION)
TABLE 21 AUDIO CODEC MARKET FOR HARDWARE COMPONENT, BY CHANNEL TYPE, 2020–2025 (USD MILLION)
FIGURE 27 STEREO CODEC SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
6.2.1.1 Mono Codec
6.2.1.1.1 Mono codec devices are widely used for personal electronic appliances
6.2.1.2 Stereo Codec
6.2.1.2.1 Different techniques in stereo codec have diversified their use in consumer electronics
6.2.1.2.2 Impact of COVID-19 on stereo codec market
FIGURE 28 IMPACT OF COVID-19 ON STEREO CODEC MARKET
TABLE 22 POST-COVID-19 SCENARIO ANALYSIS: STEREO CODEC MARKET, 2017–2025 (USD MILLION)
6.2.1.3 Multi-channel Codec
6.2.1.3.1 Increasing demand for home entertainment appliances to boost demand for multi-channel codecs
6.3 SOFTWARE
TABLE 23 AUDIO CODEC MARKET FOR SOFTWARE COMPONENT, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 24 MARKET FOR SOFTWARE COMPONENT, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 25 MARKET FOR SOFTWARE COMPONENT, BY REGION, 2017–2019 (USD MILLION)
TABLE 26 MARKET FOR SOFTWARE COMPONENT, BY REGION, 2020–2025 (USD MILLION)
TABLE 27 MARKET FOR SOFTWARE COMPONENT IN NORTH AMERICA, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 28 MARKET FOR SOFTWARE COMPONENT IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 29 MARKET FOR SOFTWARE COMPONENT IN EUROPE, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 30 MARKET FOR SOFTWARE COMPONENT IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 31 MARKET FOR SOFTWARE COMPONENT IN APAC, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 32 MARKET FOR SOFTWARE COMPONENT IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 33 MARKET FOR SOFTWARE COMPONENT IN ROW, BY REGION, 2017–2019 (USD MILLION)
TABLE 34 MARKET FOR SOFTWARE COMPONENT IN ROW, BY REGION, 2020–2025 (USD MILLION)
6.3.1 AUDIO CODEC SOFTWARE, BY COMPRESSION TYPE
FIGURE 29 LOSSLESS COMPRESSION TECHNIQUES TO BE FASTEST-GROWING SEGMENT OF AUDIO CODEC SOFTWARE COMPONENT MARKET DURING FORECAST PERIOD
TABLE 35 AUDIO CODEC MARKET FOR SOFTWARE COMPONENT, BY COMPRESSION TYPE, 2017–2019 (USD MILLION)
TABLE 36 MARKET FOR SOFTWARE COMPONENT, BY COMPRESSION TYPE, 2020–2025 (USD MILLION)
6.3.1.1 Non-compression
6.3.1.1.1 Manufacturing companies are procuring PAM, PCM, and PWM for smartphones and tablets
6.3.1.2 Lossless compression
6.3.1.2.1 Increasing demand for communication-enabled products to drive the market for lossless compression
6.3.1.2.2 Impact of COVID-19 on lossless compression market
FIGURE 30 IMPACT OF COVID-19 ON LOSSLESS COMPRESSION MARKET
TABLE 37 POST-COVID-19 SCENARIO ANALYSIS: LOSSLESS COMPRESSION MARKET, BY SOFTWARE COMPONENT, 2017–2025 (USD MILLION)
6.3.1.3 Lossy compression
6.3.1.3.1 Innovative communication products to drive the demand for lossy compression
7 AUDIO CODEC MARKET, BY APPLICATION (Page No. - 79)
7.1 INTRODUCTION
FIGURE 31 HEADPHONE, HEADSET, AND WEARABLE DEVICES TO BE FASTEST-GROWING APPLICATION SEGMENT OF MARKET DURING FORECAST PERIOD
TABLE 38 MARKET, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 39 MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
7.2 DESKTOP AND LAPTOP
7.2.1 SOFTWARE AUDIO CODEC SEGMENT TO PLAY VITAL ROLE IN GROWTH OF AUDIO CODEC MARKET FOR DESKTOP AND LAPTOP APPLICATIONS
TABLE 40 MARKET FOR DESKTOP AND LAPTOP, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 41 MARKET FOR DESKTOP AND LAPTOP, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 42 MARKET FOR DESKTOP AND LAPTOP, BY REGION, 2017–2019 (USD MILLION)
TABLE 43 MARKET FOR DESKTOP AND LAPTOP, BY REGION, 2020–2025 (USD MILLION)
7.3 MOBILE PHONE AND TABLET
7.3.1 ENTERTAINMENT OPTIONS IN SMARTPHONES TO DRIVE GROWTH OF MARKET
7.4 IMPACT OF COVID-19 ON STEREO CODEC MARKET
FIGURE 32 IMPACT OF COVID-19 ON AUDIO CODEC MARKET FOR MOBILE PHONE AND TABLET APPLICATIONS
TABLE 44 POST-COVID-19 SCENARIO ANALYSIS: MARKET FOR MOBILE PHONE AND TABLET, 2017–2025 (USD MILLION)
TABLE 45 MARKET FOR MOBILE PHONE AND TABLET, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 46 MARKET FOR MOBILE PHONE AND TABLET, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 47 MARKET FOR MOBILE PHONE AND TABLET, BY REGION, 2017–2019 (USD MILLION)
TABLE 48 MARKET FOR MOBILE PHONE AND TABLET, BY REGION, 2020–2025 (USD MILLION)
7.5 MUSIC & MEDIA DEVICE AND HOME THEATER
7.5.1 HOME ENTERTAINMENT PRODUCTS TO CREATE DEMAND FOR AUDIO CODECS
TABLE 49 AUDIO CODEC MARKET FOR MUSIC & MEDIA DEVICE AND HOME THEATER, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 50 MARKET FOR MUSIC & MEDIA DEVICE AND HOME THEATER, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 51 MARKET FOR MUSIC & MEDIA DEVICE AND HOME THEATER, BY REGION, 2017–2019 (USD MILLION)
TABLE 52 MARKET FOR MUSIC & MEDIA DEVICE AND HOME THEATER, BY REGION, 2020–2025 (USD MILLION)
7.6 TELEVISION AND GAMING CONSOLE
7.6.1 EXCELLENT CONSUMER EXPERIENCE OF GAMING CONSOLE TO FUEL DEMAND FOR AUDIO CODEC
TABLE 53 MARKET FOR TELEVISION AND GAMING CONSOLE, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 54 MARKET FOR TELEVISION AND GAMING CONSOLE, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 55 MARKET FOR TELEVISION AND GAMING CONSOLE, BY REGION, 2017–2019 (USD MILLION)
TABLE 56 MARKET FOR TELEVISION AND GAMING CONSOLE, BY REGION, 2020–2025 (USD MILLION)
7.7 HEADPHONE, HEADSET, AND WEARABLE DEVICES
7.7.1 CHANGE IN CONSUMER BEHAVIOR FROM CONVENTIONAL TO WEARABLES AND HEARABLES
7.8 IMPACT OF COVID-19 ON HEADPHONE, HEADSET, AND WEARABLE DEVICE APPLICATIONS
FIGURE 33 IMPACT OF COVID-19 ON AUDIO CODEC MARKET FOR HEADPHONE, HEADSET, AND WEARABLE DEVICE APPLICATIONS
TABLE 57 POST-COVID-19 SCENARIO ANALYSIS: MARKET FOR HEADPHONE, HEADSET, AND WEARABLE, 2017–2025 (USD MILLION)
TABLE 58 MARKET FOR HEADPHONE, HEADSET, AND WEARABLE DEVICES, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 59 MARKET FOR HEADPHONE, HEADSET, AND WEARABLE DEVICES, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 60 MARKET FOR HEADPHONE, HEADSET, AND WEARABLE DEVICES, BY REGION, 2017–2019 (USD MILLION)
TABLE 61 MARKET FOR HEADPHONE, HEADSET, AND WEARABLE DEVICES, BY REGION, 2020–2025 (USD MILLION)
7.9 AUTOMOBILE INFOTAINMENT
7.9.1 INCREASING INTEGRATION OF INFOTAINMENT SYSTEMS, VOICE COMMAND, AND NAVIGATION SYSTEMS TO BOOST DEMAND FOR AUDIO CODECS
TABLE 62 AUDIO CODEC MARKET FOR AUTOMOBILE INFOTAINMENT, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 63 MARKET FOR AUTOMOBILE INFOTAINMENT, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 64 MARKET FOR AUTOMOBILE INFOTAINMENT, BY REGION, 2017–2019 (USD MILLION)
TABLE 65 MARKET FOR AUTOMOBILE INFOTAINMENT, BY REGION, 2020–2025 (USD MILLION)
7.10 OTHERS
TABLE 66 MARKET FOR OTHERS, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 67 MARKET FOR OTHERS, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 68 MARKET FOR OTHERS, BY REGION, 2017–2019 (USD MILLION)
TABLE 69 MARKET FOR OTHERS, BY REGION, 2020–2025 (USD MILLION)
7.10.1 SOFTWARE PLATFORM
7.10.2 BROADCASTING
7.10.3 AUDIO PRODUCTION AND RECORDING
7.10.4 IP TELEPHONY
8 AUDIO CODEC MARKET, BY GEOGRAPHY (Page No. - 97)
8.1 INTRODUCTION
FIGURE 34 MARKET GEOGRAPHIC SNAPSHOT
TABLE 70 MARKET, BY REGION, 2017–2019 (USD MILLION)
TABLE 71 MARKET, BY REGION, 2020–2025 (USD MILLION)
8.2 NORTH AMERICA
FIGURE 35 NORTH AMERICA: AUDIO CODEC MARKET SNAPSHOT
8.3 IMPACT OF COVID-19 ON MARKET IN NORTH AMERICA
FIGURE 36 IMPACT OF COVID-19 ON MARKET IN NORTH AMERICA
TABLE 72 POST-COVID-19, MARKET IN NORTH AMERICA, 2017–2025 (USD MILLION)
TABLE 73 MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 74 MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 75 MARKET IN NORTH AMERICA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 76 MARKET IN NORTH AMERICA, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 77 MARKET IN NORTH AMERICA, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 78 MARKET IN NORTH AMERICA, BY APPLICATION, 2020–2025 (USD MILLION)
8.3.1 US
8.3.1.1 Innovation and product development to help US lead North American audio codec market
TABLE 79 MARKET IN US, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 80 MARKET IN US, BY COMPONENT, 2020–2025 (USD MILLION)
8.3.2 CANADA
8.3.2.1 Government initiatives related to electric vehicles to boost sales of audio codecs
TABLE 81 MARKET IN CANADA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 82 MARKET IN CANADA, BY COMPONENT, 2020–2025 (USD MILLION)
8.3.3 MEXICO
8.3.3.1 Manufacturing setup and easy transportation capabilities to support market growth
TABLE 83 MARKET IN MEXICO, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 84 MARKET IN MEXICO, BY COMPONENT, 2020–2025 (USD MILLION)
8.4 EUROPE
FIGURE 37 EUROPE: AUDIO CODEC MARKET SNAPSHOT
TABLE 85 MARKET IN EUROPE, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 87 MARKET IN EUROPE, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 88 MARKET IN EUROPE, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 89 MARKET IN EUROPE, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 90 MARKET IN EUROPE, BY APPLICATION, 2020–2025 (USD MILLION)
8.4.1 GERMANY
8.4.1.1 Automobile application to fuel demand for audio codecs in Germany
TABLE 91 MARKET IN GERMANY, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 92 MARKET IN GERMANY, BY COMPONENT, 2020–2025 (USD MILLION)
8.4.2 UK
8.4.2.1 Growing adoption of consumer electronics and durables is fueling demand for audio codecs
TABLE 93 AUDIO CODEC MARKET IN UK, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 94 MARKET IN UK, BY COMPONENT, 2020–2025 (USD MILLION)
8.4.3 ITALY
8.4.3.1 Innovation in consumer electronics to create demand for audio codecs
TABLE 95 MARKET IN ITALY, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 96 MARKET IN ITALY, BY COMPONENT, 2020–2025 (USD MILLION)
8.4.4 FRANCE
8.4.4.1 Technologically advanced companies to invest and focus more on innovation of audio and video products
TABLE 97 MARKET IN FRANCE, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 98 MARKET IN FRANCE, BY COMPONENT, 2020–2025 (USD MILLION)
8.4.5 RUSSIA
8.4.5.1 Large presence of some of major players related to semiconductor and electronics industries
TABLE 99 MARKET IN RUSSIA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 100 MARKET IN RUSSIA, BY COMPONENT, 2020–2025 (USD MILLION)
8.4.6 REST OF EUROPE
TABLE 101 AUDIO CODEC MARKET IN REST OF EUROPE, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 102 MARKET IN REST OF EUROPE, BY COMPONENT, 2020–2025 (USD MILLION)
8.5 ASIA PACIFIC (APAC)
FIGURE 38 APAC: MARKET SNAPSHOT
8.5.1 IMPACT OF COVID-19 ON MARKET IN APAC
FIGURE 39 IMPACT OF COVID-19 ON MARKET IN APAC
TABLE 103 POST-COVID-19 SCENARIO ANALYSIS, MARKET IN APAC, 2017–2025 (USD MILLION)
TABLE 104 MARKET IN APAC, BY COUNTRY, 2017–2019 (USD MILLION)
TABLE 105 MARKET IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 106 MARKET IN APAC, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 107 AUDIO CODEC MARKET IN APAC, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 108 MARKET IN APAC, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 109 MARKET IN APAC, BY APPLICATION, 2020–2025 (USD MILLION)
8.5.2 JAPAN
8.5.2.1 High manufacturing capabilities in automobile and electronics industries to fuel demand for audio codecs
TABLE 110 MARKET IN JAPAN, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 111 MARKET IN JAPAN, BY COMPONENT, 2020–2025 (USD MILLION)
8.5.3 SOUTH KOREA
8.5.3.1 Investments in semiconductor industry to create opportunities for innovative audio products in South Korea
TABLE 112 MARKET IN SOUTH KOREA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 113 MARKET IN SOUTH KOREA, BY COMPONENT, 2020–2025 (USD MILLION)
8.5.4 CHINA
8.5.4.1 Massive and automated manufacturing setup in China
TABLE 114 MARKET IN CHINA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 115 MARKET IN CHINA, BY COMPONENT, 2020–2025 (USD MILLION)
8.5.5 INDIA
8.5.5.1 Shifting of production plants from foreign countries to India to boost demand for audio codecs
TABLE 116 AUDIO CODEC MARKET IN INDIA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 117 MARKET IN INDIA, BY COMPONENT, 2020–2025 (USD MILLION)
8.5.6 VIETNAM
8.5.6.1 Economical labor and increasing GDP is helping Vietnam to grow in market
TABLE 118 MARKET IN VIETNAM, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 119 MARKET IN VIETNAM, BY COMPONENT, 2020–2025 (USD MILLION)
8.5.7 REST OF APAC
TABLE 120 MARKET IN REST OF APAC, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 121 MARKET IN REST OF APAC, BY COMPONENT, 2020–2025 (USD MILLION)
8.6 ROW
FIGURE 40 ROW: MARKET SNAPSHOT
TABLE 122 MARKET IN ROW, BY REGION, 2017–2019 (USD MILLION)
TABLE 123 AUDIO CODEC MARKET IN ROW, BY REGION, 2020–2025 (USD MILLION)
TABLE 124 MARKET IN ROW, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 125 MARKET IN ROW, BY COMPONENT, 2020–2025 (USD MILLION)
TABLE 126 MARKET IN ROW, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 127 MARKET IN ROW, BY APPLICATION, 2020–2025 (USD MILLION)
8.6.1 SOUTH AMERICA
8.6.1.1 Adoption of latest technologies embedded in domestic electronics to play a vital role in growth of audio codec market
TABLE 128 MARKET IN SOUTH AMERICA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 129 MARKET IN SOUTH AMERICA, BY COMPONENT, 2020–2025 (USD MILLION)
8.6.2 MIDDLE EAST & AFRICA
8.6.2.1 Growing adoption of Internet-based electronics to create demand for audio codecs
TABLE 130 MARKET IN MIDDLE EAST & AFRICA, BY COMPONENT, 2017–2019 (USD MILLION)
TABLE 131 AUDIO CODEC MARKET IN MIDDLE EAST & AFRICA, BY COMPONENT, 2020–2025 (USD MILLION)
9 COMPETITIVE LANDSCAPE (Page No. - 130)
9.1 OVERVIEW
FIGURE 41 PRODUCT LAUNCHES EMERGED AS KEY STRATEGIES ADOPTED BY MARKET PLAYERS FROM JANUARY 2017 TO JUNE 2020
9.2 MARKET SHARE AND RANKING ANALYSIS OF KEY COMPANIES, 2019
TABLE 132 MARKET SHARE ANALYSIS: AUDIO CODEC HARDWARE MARKET, 2019
TABLE 133 MARKET RANKING ANALYSIS: AUDIO CODEC SOFTWARE MARKET, 2019
9.3 FIVE-YEAR REVENUE ANALYSIS
FIGURE 42 FIVE-YEAR REVENUE SNAPSHOT OF MAJOR PLAYERS (USD MILLION)
9.4 COMPANY LEADERSHIP MAPPING, 2019
9.4.1 STAR
9.4.2 EMERGING LEADER
9.4.3 PERVASIVE
9.4.4 PARTICIPANT
FIGURE 43 AUDIO CODEC MARKET, COMPANY EVALUATION MATRIX (2019)
9.5 STARTUP/SME EVALUATION MATRIX, 2019
9.5.1 PROGRESSIVE COMPANY
9.5.2 RESPONSIVE COMPANY
9.5.3 DYNAMIC COMPANY
9.5.4 STARTING BLOCK
FIGURE 44 AUDIO CODEC MARKET, STARTUP/SME EVALUATION MATRIX (2019)
9.6 COMPETITIVE SITUATIONS AND TRENDS
9.6.1 PRODUCT LAUNCHES
TABLE 134 PRODUCT LAUNCHES, JANUARY 2017–JUNE 2020
9.6.2 DEALS
TABLE 135 DEALS, JANUARY 2017–JUNE 2020
10 COMPANY PROFILES (Page No. - 141)
10.1 INTRODUCTION
10.2 KEY PLAYERS
(Business Overview, Products, Recent Developments, SWOT Analysis, MnM View)*
10.2.1 CIRRUS LOGIC
FIGURE 45 CIRRUS LOGIC: COMPANY SNAPSHOT
10.2.2 QUALCOMM
FIGURE 46 QUALCOMM: COMPANY SNAPSHOT
10.2.3 REALTEK SEMICONDUCTOR
FIGURE 47 REALTEK SEMICONDUCTOR: COMPANY SNAPSHOT
10.2.4 DOLBY LABORATORIES
FIGURE 48 DOLBY LABORATORIES: COMPANY SNAPSHOT
10.2.5 TECHNICOLOR
FIGURE 49 TECHNICOLOR: COMPANY SNAPSHOT
10.2.6 ANALOG DEVICES
FIGURE 50 ANALOG DEVICES: COMPANY SNAPSHOT
10.2.7 MAXIM INTEGRATED
FIGURE 51 MAXIM INTEGRATED PRODUCTS, INC.: COMPANY SNAPSHOT
10.2.8 STMICROELECTRONICS
FIGURE 52 STMICROELECTRONICS: COMPANY SNAPSHOT
10.2.9 TEXAS INSTRUMENTS
FIGURE 53 TEXAS INSTRUMENTS INC: COMPANY SNAPSHOT
10.2.10 DSP GROUP
FIGURE 54 DSP GROUP: COMPANY SNAPSHOT
10.3 RIGHT TO WIN
10.4 OTHER COMPANIES
10.4.1 FRAUNHOFER IIS
10.4.2 XIPH
10.4.3 BROADCOM
10.4.4 AMS
10.4.5 TEMPO SEMICONDUCTOR
10.4.6 DIALOG SEMICONDUCTOR
10.4.7 DIGIGRAM
10.4.8 CML MICROCIRCUITS
10.4.9 BARIX
10.4.10 TIELINE
10.4.11 SYNOPSYS
10.4.12 ITTIAM
10.4.13 ATC LABS
10.4.14 AKM (ASAHI KASEI MICRODEVICES)
10.4.15 SONY
*Details on Business Overview, Products, Recent Developments, MnM View might not be captured in case of unlisted companies.
11 APPENDIX (Page No. - 175)
11.1 INSIGHTS OF INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
11.4 AVAILABLE CUSTOMIZATIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS
The study involved 4 major activities in estimating the current size of the audio codec market. Exhaustive secondary research was done to collect information on the market and its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation were employed to estimate the market size of the segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources were referred to for identifying and collecting information relevant for this study. These secondary sources include biometric technologies journals, magazines, and IEEE journals; annual reports, press releases, and investor presentations of companies; white papers; certified publications and articles from recognized authors; and directories and databases such as Factiva, Hoovers, and OneSource.
Primary Research
In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information pertinent to this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the audio codec market. After a complete market engineering (including calculations regarding market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the audio codec market and other dependent submarkets listed in this report.
- Key players in the industry and markets were identified through extensive secondary research.
- In terms of value, the industry’s supply chain and market size were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the global market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures were employed wherever applicable. The data was triangulated by studying various factors and trends identified from both the demand and supply sides—scientific research, technical, suppliers, OEMs, system integrators and others.
Report Objectives
The following are the primary objectives of the study:
- To define, describe, and forecast the audio codec market based on the component type, application, and region
- To forecast the market size of various segments with respect to global market
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile the key players and comprehensively analyze their market ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze the competitive developments, such as agreements, contracts, partnerships, acquisitions, and product launches & developments, carried out in the audio codec market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information:
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Audio Codec Market