NORTH AMERICA AUDIO CODEC MARKET 2022-2028

ICT | Semiconductor

NORTH AMERICA AUDIO CODEC MARKET 2022-2028

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

Request For Customization

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

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

Related Reports

AFRICA MOBILE PAYMENT MARKET 2019-2027
ICT

AFRICA MOBILE PAYMENT MARKET 2019-2027

Market By Medium, Type, Applic ..

VIEW REPORT
ASIA PACIFIC BIOMETRICS MARKET 2019-2027
ICT

ASIA PACIFIC BIOMETRICS MARKET 2019-2027

Market By Type, End-users, Tec ..

VIEW REPORT
ASIA-PACIFIC 3D PRINTING MARKET 2019-2027
ICT

ASIA-PACIFIC 3D PRINTING MARKET 2019-2027

Market By Component, Technolog ..

VIEW REPORT
ASIA-PACIFIC 4D PRINTING MARKET 2019-2028
ICT

ASIA-PACIFIC 4D PRINTING MARKET 2019-2028

Market By Material, Industry V ..

VIEW REPORT
ASIA-PACIFIC 5G CHIPSET MARKET 2019-2025
ICT

ASIA-PACIFIC 5G CHIPSET MARKET 2019-2025

Market By Product, IC Type, In ..

VIEW REPORT
ASIA-PACIFIC 5G INFRASTRUCTURE MARKET 2019-2025
ICT

ASIA-PACIFIC 5G INFRASTRUCTURE MARKET 2019-2025

Market By Communication Infras ..

VIEW REPORT
ASIA-PACIFIC ADAPTIVE SECURITY MARKET 2019-2027
ICT

ASIA-PACIFIC ADAPTIVE SECURITY MARKET 2019-2027

Market By Type Of Offering, De ..

VIEW REPORT

Table of Content

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

List of Tables

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)

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: 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)

Purchase Options

  • Licence Type
  • Price
  • User/Sharing
  • Printing
  • Delivery Formats
  • Free customization (Pre-sale)
  • Analyst hour support (Post Sale)
  • Customized notification for newly published report
  • Free report on update (within 180 days)

Single User PDF

$1,500.00

  • User/Sharing
  • Restricted to one authorized user
  • Printing
  • Not printable
  • Delivery Formats
  • Pdf
  • Free customization (Pre-sale)
  • 10% Free customization
  • Analyst hour support (Post Sale)
  • 3 hours
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Enterprise Online/PDF

$2,200.00

  • User/Sharing
  • Unlimited
  • Printing
  • Unlimited
  • Delivery Formats
  • Pdf and market estimation excel
  • Free customization (Pre-sale)
  • 20% Free customization
  • Analyst hour support (Post Sale)
  • 8 hour
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Request free Sample

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying