Smartphone Audio Codecs Market Scope
A smartphone audio codec is a device or software program that can encode or decode a digital audio stream. Signal routing and mixing channels, microphone and line inputs, amplifier blocks, digital-to-analog (DAC) converters, and analog-to-digital (ADC) converters are all part of this system. Both hardware and software components can be used in the audio codec. It has microphone and line inputs, signal routing and mixing channels, analog-to-digital converters (ADC), and digital-to-analog converters (DAC), all of which help in audio transmission. One of the primary drivers expected to gain traction in the smartphone audio codecs market is the increasing adoption of premium-range smartphones. Furthermore, the expansion of the smartphone audio codecs market is expected to be aided by increased internet penetration and data traffic.
The Smartphone Audio Codecs market study is segmented by Type (Lossless Compression and Lossy Compression), by Application (IOS and Android) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Smartphone Audio Codecs market throughout the predicted period.
Analog Devices (United States), Cirrus Logic (United States), Maxim Integrated (United States), Qualcomm (United States), Realtek Semiconductor (Taiwan), STMicroelectronics (Switzerland), Texas Instruments (United States), Integrated Device Technology (United States), DSP Group (United States), Dolby Laboratories (United States), Technicolor (France), ams AG (Austria) and Broadcom inc (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Smartphone Audio Codecs market by Type, Application and Region.
On the basis of geography, the market of Smartphone Audio Codecs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
January 2020 – Qualcomm Introduces aptX Voice Audio Technology for Higher Quality Voice Calls. A new voice codec that provides high definition voice quality over a connection using Bluetooth wireless technology.
Market Trend
- Increasing Adoption of IoT-Enabled Connected Devices for Daily Users
Market Drivers
- Growing Internet Penetration and Data Traffic
Opportunities
- Growing Demand For Android Set-Top Boxes And Video-On-Demand Services
- Rising Demand For Infotainment In Passenger Cars
Restraints
- Declining in the Usage of Optical Media Products
Challenges
- Continuous Optimization of Component size
Key Target Audience
Manufacturers of Smartphone Audio Codecs, Suppliers of Smartphone Audio Codecs, Technology Providers, Software Providers, SmartPhone Companies and Others