MIDDLE EAST AND AFRICA AUDIO CODEC MARKET 2022-2028

ICT | Semiconductor

MIDDLE EAST AND AFRICA AUDIO CODEC MARKET 2022-2028

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

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Triton’s report on the audio codec market estimates that the market in the Middle East and Africa will progress at a CAGR of 9.45% over the forecasting years 2022-2028.


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The countries considered in the region include:

•         United Arab Emirates

•         Saudi Arabia

•         Turkey

•         South Africa

•         Rest of Middle East & Africa

Turkey attains the largest market share in the region. The Middle East and Africa audio codec market is supported by government and private investments in smartphone technologies. Besides, the growing smart home segment drives the demand for audio codecs. Numerous private organizations are striving to set up their manufacturing plants, promoting 5G technology. This has increased the integration of hardware and software audio codecs in various technologies, including smartphones, tablets, computers, and others. Thus, all these factors are anticipated to supplement the audio codec market’s growth.

Furthermore, the surging demand for audio applications such as Spotify and YouTube music drives the adoption of audio codecs in Turkey. Moreover, the adoption of consumer electronics like smartphones, headsets, and tablets has grown significantly over the past few years. Besides this, the demand for music and video streaming platforms has surged, creating a high demand for audio codecs. As a result, several researchers are developing new applications for audio codecs. For instance, Ankara researchers have developed audio codec identification via payload sampling in electronic devices employed in vehicles. Thus, as mentioned above, such trends fuel the audio codec market’s progression.

The audio codecs deployed in the automotive industry play a key role in providing noise resilience and reducing power consumption at a system level. Moreover, they act as high resolution converters for audio and measurement, in addition to regulators for effective power supply. The audio codecs help resolve the issue of noise ground voice for automotive through a common-mode noise resilient preamplifier in the ADC path.

Besides, the automotive industry captures a major share in the audio codecs market. The market assessment is carried on in terms of application and component. Based on application, it is categorized into phones, over-ear headphones, commercial, automotive, home entertainment, computer, tablets, true wireless stereo, wearables, portable, smart homes, and other applications.

Dolby Laboratories is a leader in the sound industry. It offers diversified solutions in hardware and software categories. The company’s diversified product line includes audio encoding, compression, and processing. The company provides audio systems in the entertainment industry. Dolby True HD is an audio codec used on HD and UHD blu-ray discs, supporting up to 7.1 audio channels. Dolby has operations across various countries, including the Middle Eastern and African nations.

 

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 the Middle East and Africa 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 MEA audio codec market’s growth during the upcoming years

Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here

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Table of Content

1. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA AUDIO CODEC MARKET OUTLOOK - BY COMPONENT

3.1. SOFTWARE AUDIO CODEC

3.2. HARDWARE AUDIO CODEC

4. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA AUDIO CODEC MARKET – COUNTRY OUTLOOK

5.1. UNITED ARAB EMIRATES

5.2. SAUDI ARABIA

5.3. TURKEY

5.4. SOUTH AFRICA

5.5. REST OF MIDDLE EAST & AFRICA

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: MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 8: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY SOFTWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY HARDWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)

FIGURE 11: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY COMPUTER, 2022-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY PHONE, 2022-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY TABLETS, 2022-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY OVER-EAR HEADPHONES, 2021-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY TRUE WIRELESS STEREO, 2022-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY HOME ENTERTAINMENT, 2022-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY PORTABLE, 2022-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY SMART HOME, 2022-2028 (IN $ MILLION)

FIGURE 21: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY WEARABLES, 2022-2028 (IN $ MILLION)

FIGURE 22: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)

FIGURE 23: MIDDLE EAST AND AFRICA AUDIO CODEC MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

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

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

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

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

FIGURE 28: REST OF MIDDLE EAST & AFRICA AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

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