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COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Audio CODEC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global audio CODEC market size reached US$ 6.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.78 Billion by 2027, exhibiting a growth rate (CAGR) of 4.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Audio coder-decoder (CODEC) is an integrated circuit (IC) and computer-based application that compresses and decomposes data stream and digital acoustic signals. Its software-based system implements a range of algorithms that are used for encoding, decoding, and compressing data. It also exhibits the capability of both analog-to-digital converter (ADC) and digital-to-analog converter (DAC). Audio CODEC aids in reducing the audio file size without affecting the data quality and storing high-quality audio signals while utilizing minimum storage space. Along with this, it has easy multichannel interfacing properties, enables low noise distortion, and eliminates the bandwidth required to transmit acoustic signals. Based on these properties, audio CODEC finds extensive applications in automotive infotainment systems, soundbars, home theaters, and consumer electronic devices to offer an immersive experience. 

Audio CODEC Market Trends:

The increasing proliferation of internet users, the rising need for various consumer electronics, such as computers, phones, and tablets, and the emergence of the Internet of Things (IoT)-enabled communication devices are primarily driving the Audio CODEC market growth. In line with this, the extensive utilization of several wearable smartwatches, miniaturized electronic devices, wireless headphones, and headsets for entertainment purposes, especially during the COVID-19 pandemic, is supplementing the product demand across the globe. Additionally, the ongoing construction of smart homes equipped with home theaters to watch over-the-top (OTT) series and stream high-definition (HD) music has intensified the widespread adoption of audio CODEC across the residential sector, which is acting as another growth-inducing factor. Moreover, the shifting consumer inclination toward premium automobiles with advanced features has augmented the incorporation of audio CODEC in wireless infotainment systems, which, in turn, is supporting the market growth. Apart from this, the growing demand for virtual reality (VR) integrated gaming consoles with high-quality audio and the continual launch of multiple product variants with enhanced features by key players are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global audio CODEC market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on function, component and end use.

Breakup by Function:

  • With DSP
  • Without DSP
     

Breakup by Component:

  • Hardware
  • Software
     

Breakup by End Use:

  • Computer
  • Phones
  • Tablets
  • Over-Ear Headphones
  • TWS
  • Home Entertainment
  • Commercial
  • Automotive
  • Portable
  • Smart Home
  • IoT
  • Wearable
  • AR/VR
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Analog Devices Inc., Barix, Cirrus Logic Inc., DSP Group Inc., Qualcomm Inc., Realtek Semiconductor Corp., Rohm Co. Ltd, STMicroelectronics and Texas Instruments Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Function, Component, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Analog Devices Inc., Barix, Cirrus Logic Inc., DSP Group Inc., Qualcomm Inc., Realtek Semiconductor Corp., Rohm Co. Ltd, STMicroelectronics and Texas Instruments Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global audio CODEC market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global audio CODEC market?
  • What are the key regional markets?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global audio CODEC market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Audio CODEC Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Function
    6.1    With DSP
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Without DSP
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Component
    7.1    Hardware
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Software
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use
    8.1    Computer
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Phones
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Tablets
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Over-Ear Headphones
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    TWS
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Home Entertainment
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Commercial
        8.7.1 Market Trends
        8.7.2 Market Forecast
    8.8    Automotive
        8.8.1 Market Trends
        8.8.2 Market Forecast
    8.9    Portable
        8.9.1 Market Trends
        8.9.2 Market Forecast
    8.10    Smart Home
        8.10.1 Market Trends
        8.10.2 Market Forecast
    8.11    IoT
        8.11.1 Market Trends
        8.11.2 Market Forecast
    8.12    Wearable
        8.12.1 Market Trends
        8.12.2 Market Forecast
    8.13    AR/VR
        8.13.1 Market Trends
        8.13.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Analog Devices Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Barix
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Cirrus Logic Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    DSP Group Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Qualcomm Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Realtek Semiconductor Corp.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Rohm Co. Ltd
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    STMicroelectronics
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Texas Instruments Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis

List of Figures

Figure 1: Global: Audio CODEC Market: Major Drivers and Challenges
Figure 2: Global: Audio CODEC Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Audio CODEC Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Audio CODEC Market: Breakup by Function (in %), 2021
Figure 5: Global: Audio CODEC Market: Breakup by Component (in %), 2021
Figure 6: Global: Audio CODEC Market: Breakup by End Use (in %), 2021
Figure 7: Global: Audio CODEC Market: Breakup by Region (in %), 2021
Figure 8: Global: Audio CODEC (With DSP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Audio CODEC (With DSP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Audio CODEC (Without DSP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Audio CODEC (Without DSP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Audio CODEC (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Audio CODEC (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Audio CODEC (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Audio CODEC (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Audio CODEC (Computer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Audio CODEC (Computer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Audio CODEC (Phones) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Audio CODEC (Phones) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Audio CODEC (Tablets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Audio CODEC (Tablets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Audio CODEC (Over-Ear Headphones) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Audio CODEC (Over-Ear Headphones) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Audio CODEC (TWS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Audio CODEC (TWS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Audio CODEC (Home Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Audio CODEC (Home Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Audio CODEC (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Audio CODEC (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Audio CODEC (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Audio CODEC (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Audio CODEC (Portable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Audio CODEC (Portable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Audio CODEC (Smart Home) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Audio CODEC (Smart Home) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Audio CODEC (IoT) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Audio CODEC (IoT) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Audio CODEC (Wearable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Audio CODEC (Wearable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Audio CODEC (AR/VR) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Audio CODEC (AR/VR) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia-Pacific: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia-Pacific: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Audio CODEC Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Audio CODEC Market: Breakup by Country (in %), 2021
Figure 90: Middle East and Africa: Audio CODEC Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Global: Audio CODEC Industry: SWOT Analysis
Figure 92: Global: Audio CODEC Industry: Value Chain Analysis
Figure 93: Global: Audio CODEC Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Audio CODEC Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Audio CODEC Market Forecast: Breakup by Function (in Million US$), 2022-2027
Table 3: Global: Audio CODEC Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Audio CODEC Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Audio CODEC Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Audio CODEC Market: Competitive Structure
Table 7: Global: Audio CODEC Market: Key Players


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