Market by Component, Application, and Country Outlook | Forecast 2022-2028
Triton Market Research’s
report predicts the audio codec market in North America to witness growth at a CAGR rate of 8.91% over the
forecasted years from 2022 to 2028.
Report scope can be customized per your requirements. Request For Customization
The
countries analyzed in the region are:
•
United States
•
Canada
In
North America, the United States acquires the majority share in the audio codec
market. In recent
years, the region has witnessed considerable growth in the adoption of audio
codecs. This growth can be attributed to the growing use of smartphones, smart
home technologies, 5G technology, and the healthcare sector. There is also
a rising use of audio codecs in
wearables, such as smart bands, which is another factor supporting the market’s
growth. Further, the growth in OTT platforms like Netflix, Amazon, HBO max, and
others also surges the adoption of audio codecs. Thus, these factors are
estimated to drive the audio codec market growth in the near future.
The United States is among the leading adopters
of new technologies, owing to robust R&D initiatives by prominent
companies. In recent years, smartphone adoption has surged tremendously across
the country. Moreover, the shipment of wearables increased significantly in
2020. As a result, prominent companies have increased their manufacturing
operations to gain a competitive edge. For instance, Dell, HP, and Acer have
increased their production to meet growing demand, which further surges the
deployment of audio codecs.
Additionally, the emergence of COVID-19
regulations resulted in the rise in work from home and e-learning culture. This
led to the high adoption of headsets, mobile phones, laptops, and other
devices. With the upsurge in consumer electronics demand, the use of audio
codecs has gained significant momentum. Thus, such developments are estimated
to propel the United States audio codec market on a growth path.
An audio codec is an essential front-end component of an audio system in smart homes. Several MCUs designed for smart home applications support codec function in hardware, allowing the system to decrease the digital audio sample size. This helps speed the wireless transmission and conserve storage space. The analog devices include audio codecs featuring low noise and distortion, along with an expanded temperature rate in the smart home segment. The audio codec market is assessed as per component and application. The application segment includes phones, commercial, smart homes, true wireless stereo, home entertainment, portable, wearables, computer, automotive, over-ear headphones, tablets, and other applications.
Texas Instruments Inc designs and produces
semiconductors. It also offers analog integrated circuits, embedded processors,
and multiple analog chips. The company’s product portfolio includes amplifiers,
comparators, buffers, sensors, voltage, interface ICs, and more. It sells
products to OEMs, contract manufacturers, and distributors via direct or
third-party sales. Texas Instruments has operations across the globe, with
headquarters in Dallas, Texas, the US.
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 North America 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 NA 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.
Market by Technology (Data ana ..
VIEW REPORT1. 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 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 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)