A recent report published by
Infinium Global Research on audio codec market provides in depth analysis of
segments and sub-segments in global as well as regional markets of audio codec
market. The study also highlights the impact of drivers, restraints and macro
indicators on the global and regional markets of audio codec over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global audio codec market. According to
report the global audio codec market is projected to grow at a CAGR of 3.5%
over the forecast period of 2018 - 2024.
Segments Covered
The report on global audio codec
market covers segments such as channel type, component, compression type and
application. The channel type segments include mono-codec, stereo codec, and
multi-channel codec. On the basis of component the global audio codec market is
categorized into hardware and software. Furthermore, on the basis of
compression type the audio codec market is segmented as lossless compression,
lossy compression and non-compression. On the basis of application the audio codec
market is segmented as headphone, headset, and wearable device, desktop and
laptop, mobile phone and tablet, television and gaming console, music &
media device and home theatre, automotive infotainment and other.
Geographic Coverage
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2016 – 2024. The countries covered in
the North America region include the U.S., Canada, and Mexico; while
Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among
others. Moreover, European region covers countries such as Germany, UK, France,
Spain, and rest of Europe. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region
offers a substantial potential for the market growth owing to rapid growth in markets
such as India and China. The APAC region is projected to experience a growth at
a CAGR of x.x% over the period of 2018 - 2024.
Companies Profiled:
The report provides profiles of
the companies in the global audio codec market such as, Maxim Integrated
Products, Inc., Stmicroelectronics N.V., Technicolor SA, Realtek Semiconductor
Corp., Fraunhofer IIS, Qualcomm Inc., Xiph.Org, Analog Devices, Inc., Cirrus
Logic, Inc., and Dolby Laboratories, Inc.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the global audio codec market. Moreover, IGR-Growth Matrix analysis given in
the report brings an insight on the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter’s five forces analysis and DRO analysis of
audio codec market. Moreover, the study highlights current market trends and
provides forecast from 2018 to 2024. We also have highlighted future trends in
the audio codec market that will impact the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight on the
market share of the leading players. Additionally, the analysis highlights rise
and fall in the market shares of the key players in the market. This report
will help manufacturers, suppliers and distributors of the audio codec market to
understand the present and future trends in this market and formulate their
strategies accordingly.