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NORTH AMERICA AUDIO CODEC MARKET 2022-2028

Publisher Triton Market Research
Published Mar 22, 2022
Length 105 Pages
SKU # TRTN17039274

Description

NORTH AMERICA AUDIO CODEC MARKET 2022-2028

MARKET OUTLOOK

Triton Market Research’s report alludes that the North American audio codec market is projected to garner a CAGR of 8.91% over the forecasting years 2022 to 2028. The United States and Canada form the market in the given region.

Presently, Canada holds a small share in the audio codec market. Nevertheless, it is expected to grow significantly over the forecast period. The growth is anticipated to be on account of rising smartphone users. Moreover, the development of new applications widens the smartphone penetration in the nation. Estimates state that around 75% of consumers opt for smartphones, leading to a rise in demand for headsets, wearables, and other portable devices.

Further, the pandemic added to the growing smartphone adoption due to a surge in work from home and e-learning culture. Along with this, the growth in mobile gaming has also increased the number of smartphone users. With the rise in smartphone users, audio codecs will witness tremendous growth. Thus, these factors are anticipated to augment the audio codec market’s revenue growth.

Similarly, the pandemic supported the high adoption rate of headsets, smartphones, laptops, and other portable devices in the US. Other than this, the surge in social media culture surged smartphone adoption. This has ultimately increased the production and integration of audio codecs. For instance, Qualcomm Technologies launched a new audio codec series with advancements in Bluetooth connectivity.

COMPETITIVE OUTLOOK

The major companies in the audio codec market are Fraunhofer Institute of Integrated Circuits, Sony Group Inc, Synaptics Inc, Analog Devices Inc, Qualcomm Inc, Texas Instruments Inc, and Dolby Laboratories Inc.

Table of Contents

105 Pages
1. NORTH AMERICA AUDIO CODEC MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON AUDIO CODEC MARKET
2.2. EVOLUTION & TRANSITION OF AUDIO CODEC
2.3. KEY INSIGHTS
2.3.1. SURGE IN MOBILE GAMING
2.3.2. EVOLUTION OF SOFTWARE AUDIO CODEC
2.3.3. GROWING USAGE OF SMARTPHONE DEVICES
2.4. PORTER’S FIVE FORCES ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTES
2.4.3. BARGAINING POWER OF BUYERS
2.4.4. BARGAINING POWER OF SUPPLIERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. KEY IMPACT ANALYSIS
2.5.1. APPLICATION
2.5.2. COST-EFFECTIVENESS
2.5.3. COMPATIBILITY
2.6. MARKET ATTRACTIVENESS INDEX
2.7. VENDOR SCORECARD
2.8. INDUSTRY COMPONENTS
2.9. KEY MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT DEVELOPMENTS
2.9.3. AGREEMENTS
2.9.4. BUSINESS EXPANSION
2.10. MARKET DRIVERS
2.10.1. GROWING ADOPTION OF WEARABLE DEVICES
2.10.2. RISE IN ENERGY-EFFICIENT DEVICES
2.10.3. ROBUST OPTIMIZATION TECHNIQUES IN THE ELECTRONICS INDUSTRY
2.11. MARKET CHALLENGES
2.11.1. PATENTED MARKET AND IP LICENSING RESTRICTIONS
2.11.2. AVAILABILITY OF OPEN-SOURCE AUDIO CODECS
2.12. MARKET OPPORTUNITIES
2.12.1. DEVELOPMENT OF HD MUSIC STREAMING
2.12.2. EXPANSION OF CINEMA AND OTT PLATFORM
3. NORTH AMERICA AUDIO CODEC MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE AUDIO CODEC
3.2. HARDWARE AUDIO CODEC
4. NORTH AMERICA AUDIO CODEC MARKET OUTLOOK - BY APPLICATION
4.1. COMPUTER
4.2. PHONES
4.3. TABLETS
4.4. OVER-EAR HEADPHONES
4.5. TRUE WIRELESS STEREO
4.6. HOME ENTERTAINMENT
4.7. COMMERCIAL
4.8. AUTOMOTIVE
4.9. PORTABLE
4.10. SMART HOMES
4.11. WEARABLES
4.12. OTHER APPLICATIONS
5. NORTH AMERICA AUDIO CODEC MARKET – COUNTRY OUTLOOK
5.1. UNITED STATES
5.2. CANADA
6. COMPETITIVE LANDSCAPE
6.1. ANALOG DEVICES INC
6.2. CIRRUS LOGIC INC
6.3. QUALCOMM INC
6.4. DIALOG SEMICONDUCTOR PLC
6.5. DOLBY LABORATORIES INC
6.6. REALTEK SEMICONDUCTOR CORP
6.7. TEXAS INSTRUMENTS INC
6.8. FRAUNHOFER INSTITUTE OF INTEGRATED CIRCUITS
6.9. STMICROELECTRONICS
6.10. BARIX AG
6.11. ROHM CORPORATE LTD
6.12. ITTIAM SYSTEMS PVT LTD
6.13. SONY GROUP INC
6.14. SYNOPSYS TECHNOLOGY INC
6.15. SYNAPTICS INC
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
TABLE LIST
TABLE 1: NORTH AMERICA AUDIO CODEC MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 6: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
TABLE 7: REGION-WISE SMART WEARABLE BANDS SHIPMENT 2020 (IN $ MILLION)
TABLE 8: NORTH AMERICA AUDIO CODEC MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA AUDIO CODEC MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA AUDIO CODEC MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
FIGURE LIST
FIGURE 1: PENETRATION RATE OF MOBILE GAMES, BY TYPE, 2020 (IN %)
FIGURE 2: WORLDWIDE SMARTPHONE USERS IN 2016-2025
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: MARKET ATTRACTIVENESS INDEX
FIGURE 5: INDUSTRY COMPONENTS
FIGURE 6: PENETRATION RATE OF OTT PLATFORMS, BY DEVICES TYPE, 2021 (IN %)
FIGURE 7: NORTH AMERICA AUDIO CODEC MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)
FIGURE 8: NORTH AMERICA AUDIO CODEC MARKET, BY SOFTWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA AUDIO CODEC MARKET, BY HARDWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA AUDIO CODEC MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)
FIGURE 11: NORTH AMERICA AUDIO CODEC MARKET, BY COMPUTER, 2022-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA AUDIO CODEC MARKET, BY PHONE, 2022-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA AUDIO CODEC MARKET, BY TABLETS, 2022-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA AUDIO CODEC MARKET, BY OVER-EAR HEADPHONES, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA AUDIO CODEC MARKET, BY TRUE WIRELESS STEREO, 2022-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA AUDIO CODEC MARKET, BY HOME ENTERTAINMENT, 2022-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA AUDIO CODEC MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA AUDIO CODEC MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA AUDIO CODEC MARKET, BY PORTABLE, 2022-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA AUDIO CODEC MARKET, BY SMART HOME, 2022-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA AUDIO CODEC MARKET, BY WEARABLES, 2022-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA AUDIO CODEC MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA AUDIO CODEC MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED STATES AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: CANADA AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

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