EUROPE AUDIO CODEC MARKET 2022-2028

ICT | Semiconductor

EUROPE AUDIO CODEC MARKET 2022-2028

Market by Component, Application, and Country Outlook | Forecast 2022-2028

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As per Triton’s research report, the audio codec market in Europe is expected to witness growth at a CAGR of 9.02% over the forecasting years 2022 to 2028.


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The countries considered in the region comprise:

•         The United Kingdom

•         Germany

•         France

•         Spain

•         Italy

•         Russia

•         Rest of Europe

Germany holds the largest market for audio codecs in the region. The increasing adoption of smartphones, coupled with collaboration with entertainment platforms, is supporting the deployment of audio codecs in devices. Besides, the rising adoption of technologies, such as wearables and portable devices, have highlighted the need for better connectivity and high resolution products. Therefore, the increasing demand for connected devices is expected to drive the audio codec market’s growth across the region.

In Germany, the adoption of software and hardware audio codecs has gained momentum to a large extent. This is mainly owing to the rise in media streaming platforms, smart homes, and smartphone adoption. Furthermore, the use of connected devices increased significantly during COVID-19, which further increased the deployment of audio codecs. Such trends create several opportunities for the audio codec market.

France has witnessed innovation and investment by international companies, which is contributing heavily to the audio codec market. The reviewed market’s growth is on account of the robust supply of electronic devices. As a result, several companies like AETA are collaborating with international manufacturers like Sony to develop advanced audio codecs. Such collaborations have also led to additional features, such as ultra-HD sound effects. Thus, the growing electronics industry and collaborations are expected to fuel the market’s growth across France.

Tablets capture a significant percentage of market share in the audio codec market. The implementation of audio codecs in tablets is similar to smartphones; however, due to its bigger size, it requires less compact DACs. This device is a higher version of android systems, supporting AAC, LC, MP3, and others. The market is bifurcated into application and component. The application segment is further branched into smart homes, over-ear headphones, tablets, automotive, home entertainment, true wireless stereo, phones, wearables, computers, commercial, portable, and other applications. 

STMicroelectronics designs, develops, and supplies various semiconductor products. Its product line includes custom devices, application-specific integrated circuits, application-specific products, audio codecs, and others. Additionally, it employs chip fabrication technologies, including depleted silicon-on-insulator. The company markets products via distributors and sales representatives across various countries, with headquarters in Geneva, Switzerland.

STMicroelectronics introduced the HFDA801A, a high-resolution audio amplifier designed primarily for compact and cost-effective automotive appliances. It is an integrated digital-to-analog converter that ensures high quality sound, delivering advanced audio performance from a low-cost component.

 

 Key deliverables of the report:

      Market CAGR during the forecasting years 2022-2028

      Detailed data highlighting key insights, industry components, and market strategies

    Comprehensive information and estimation of the audio codec market revenue growth in Europe and its influence on the parent market

      In-depth study of forthcoming trends in consumer behavioral patterns

      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces

      A wide-ranging study of factors that will challenge the EU audio codec market’s growth during the upcoming years

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Table of Content

1. EUROPE 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. EUROPE AUDIO CODEC MARKET OUTLOOK - BY COMPONENT

3.1. SOFTWARE AUDIO CODEC

3.2. HARDWARE AUDIO CODEC

4. EUROPE 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. EUROPE AUDIO CODEC MARKET – COUNTRY OUTLOOK

5.1. UNITED KINGDOM

5.2. GERMANY

5.3. FRANCE

5.4. SPAIN

5.5. ITALY

5.6. RUSSIA

5.7. REST OF EUROPE

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

List of Tables

TABLE 1: EUROPE 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: EUROPE AUDIO CODEC MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 9: EUROPE AUDIO CODEC MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 10: EUROPE AUDIO CODEC MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

List of Figures

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: EUROPE AUDIO CODEC MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 8: EUROPE AUDIO CODEC MARKET, BY SOFTWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)

FIGURE 9: EUROPE AUDIO CODEC MARKET, BY HARDWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)

FIGURE 10: EUROPE AUDIO CODEC MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)

FIGURE 11: EUROPE AUDIO CODEC MARKET, BY COMPUTER, 2022-2028 (IN $ MILLION)

FIGURE 12: EUROPE AUDIO CODEC MARKET, BY PHONE, 2022-2028 (IN $ MILLION)

FIGURE 13: EUROPE AUDIO CODEC MARKET, BY TABLETS, 2022-2028 (IN $ MILLION)

FIGURE 14: EUROPE AUDIO CODEC MARKET, BY OVER-EAR HEADPHONES, 2021-2028 (IN $ MILLION)

FIGURE 15: EUROPE AUDIO CODEC MARKET, BY TRUE WIRELESS STEREO, 2022-2028 (IN $ MILLION)

FIGURE 16: EUROPE AUDIO CODEC MARKET, BY HOME ENTERTAINMENT, 2022-2028 (IN $ MILLION)

FIGURE 17: EUROPE AUDIO CODEC MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)

FIGURE 18: EUROPE AUDIO CODEC MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)

FIGURE 19: EUROPE AUDIO CODEC MARKET, BY PORTABLE, 2022-2028 (IN $ MILLION)

FIGURE 20: EUROPE AUDIO CODEC MARKET, BY SMART HOME, 2022-2028 (IN $ MILLION)

FIGURE 21: EUROPE AUDIO CODEC MARKET, BY WEARABLES, 2022-2028 (IN $ MILLION)

FIGURE 22: EUROPE AUDIO CODEC MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 23: EUROPE AUDIO CODEC MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 24: UNITED KINGDOM AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: GERMANY AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: FRANCE AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: SPAIN AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: ITALY AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: RUSSIA AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

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