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Audio Codec Market - Global Forecast to 2022
1. Audio Codec Market - Global Forecast to 2022
by Component (Hardware and Software), Channel Type (Mono-
Codec, Stereo Codec, and Multi-channel Codec), Compression Type
(Non-Compression, Lossless Compression, and Lossy
Compression), Application, & Geography
ASDR-272115
2. Market growth forecast
• The audio codec market was valued at USD 5.49 billion in 2015 and is expected
to reach USD 7.44 billion by 2022, at a CAGR of 4.3% between 2016 and 2022.
This growth can be attributed to the huge demand for mobile phones and tablets.
The rising middle class population and improved disposable income and
availability of mobile phones and tablets at low cost are the driving factors for the
growth of mobile phones and tablets.
3. Some of the major players in the audio codec
market are
• Cirrus Logic, Inc. (U.S.), Texas Instruments Inc. (U.S.), STMicroelectronics N.V
(Switzerland), Qualcomm Inc. (U.S.), Analog Devices, Inc. (U.S.) and Maxim
Integrated Products Inc. (U.S.), Realtek Semiconductor Corp. (Taiwan), Dolby
Laboratories, Inc. (U.S.), Fraunhofer IIS (Germany) and Technicolor SA (France)
among others.
4. Reasons To Buy the Report
• This report includes the market statistics pertaining to component, application,
and geography along with their respective market size.
• The average audio codec content per application, region, and country is available
in the report.
• The Porter’s Five Forces framework has been utilized along with the value chain
analysis to provide an in-depth insight into the audio codec market.
• Major drivers, restraints, and opportunities for audio codec market have been
detailed in this report.
• Illustrative segmentation, analysis, and forecast for the markets on the basis
component, application, and geography have been conducted to give an overall
view of the audio codec market.
• A detailed competitive landscape includes key players, in-depth analysis, and
market share of the key players.
5. More information
Detailed:
– Table of Content
– Full description
– Sample pages
– Etc.
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ASDR-272115
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