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PUBLISHER: Grand View Research | PRODUCT CODE: 1553947

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PUBLISHER: Grand View Research | PRODUCT CODE: 1553947

Audio Codec Market Size, Share & Trends Analysis Report By Function (With DSP, Without DSP), By Component Type (Hardware Codecs, Software Codecs), By Application (Automobile, Television Sets), By Region, And Segment Forecasts, 2024 - 2030

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Description

Table of Contents

List of Tables

Audio Codec Market Size & Trends:

The global audio codec market size was valued at USD 6.71 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030. The integration of AI in audio codecs is becoming more prevalent, enabling smarter and more efficient audio processing. AI-powered codecs can optimize audio quality based on the content being played and the environment. This includes features such as adaptive noise cancellation, audio enhancement, and real-time translation. Such capabilities are increasingly sought after in consumer electronics, where seamless and high-quality audio experiences are a priority. As AI technology continues to advance, its incorporation into audio codecs is likely to become even more sophisticated and widespread.

The expanding market for smart home devices, such as smart speakers and home assistants, is driving the need for high-quality audio Codecs. These devices require Codecs that can handle voice recognition and command processing with high accuracy and clarity. High-performance audio Codecs ensure that smart home devices can provide clear and reliable voice interactions. As the smart home market continues to grow, the demand for advanced audio Codecs is expected to increase. This trend underscores the importance of integrating high-quality audio processing into connected home devices.

There's a growing demand for high-resolution audio (Hi-Res Audio), which offers better sound quality than standard audio formats. Audiophiles and general consumers alike are seeking out devices and services that provide superior audio fidelity. This trend is driving the adoption of advanced audio Codecs that can support higher bit rates and sample rates. These Codecs are crucial for delivering the detailed and nuanced sound that high-resolution audio formats require. As more streaming services and audio equipment manufacturers embrace Hi-Res Audio, the market for compatible codecs is set to expand.

Global Audio Codec Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global audio codec market report based on function, component type, application and region:

  • Function Outlook (Revenue, USD Million, 2018 - 2030)
  • With DSP
  • Without DSP
  • Component Type Outlook (Revenue, USD Million, 2018 - 2030)
  • Hardware Codecs
  • Software Codecs
  • Application Outlook (Revenue, USD Million, 2018 - 2030)
  • Automobile
  • Television Sets
  • Smartphones and tablets
  • Desktop and laptops
  • Headphone, Headsets and Wearable devices
  • Music & Media Devices and Home Theatres
  • Gaming consoles
  • Others (AR/VR, Broadcasting Equipment, Smart Home Devices)
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
  • Middle East and Africa (MEA)
    • UAE
    • KSA
    • South Africa
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Product Code: GVR-4-68040-391-9

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation and Scope
  • 1.2. Market Definitions
  • 1.3. Research Methodology
    • 1.3.1. Information Procurement
    • 1.3.2. Information or Data Analysis
    • 1.3.3. Market Formulation & Data Visualization
    • 1.3.4. Data Validation & Publishing
  • 1.4. Research Scope and Assumptions
    • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
  • 2.3. Competitive Insights

Chapter 3. Audio Codec Market Variables, Trends, & Scope

  • 3.1. Market Introduction/Lineage Outlook
  • 3.2. Market Dynamics
    • 3.2.1. Market Drivers Analysis
    • 3.2.2. Market Restraints Analysis
    • 3.2.3. Industry Opportunities
    • 3.2.4. Industry Challenges
  • 3.3. Audio Codec Market Analysis Tools
    • 3.3.1. Porter's Analysis
    • 3.3.2. PESTEL Analysis

Chapter 4. Audio Codec Market: Function Estimates & Trend Analysis

  • 4.1. Segment Dashboard
  • 4.2. Audio Codec Market: Function Movement Analysis, USD Million, 2023 & 2030
  • 4.3. With DSP
    • 4.3.1. With DSP Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 4.4. Without DSP
    • 4.4.1. Without DSP Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Audio Codec Market: Component Type Estimates & Trend Analysis

  • 5.1. Segment Dashboard
  • 5.2. Audio Codec Market: Component Type Movement Analysis, USD Million, 2023 & 2030
  • 5.3. Hardware Codecs
    • 5.3.1. Hardware Codecs Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 5.4. Software Codecs
    • 5.4.1. Software Codecs Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Audio Codec Market: Application Estimates & Trend Analysis

  • 6.1. Segment Dashboard
  • 6.2. Audio Codec Market: Application Movement Analysis, USD Million, 2023 & 2030
  • 6.3. Automobile
    • 6.3.1. Automobile Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.4. Television Sets
    • 6.4.1. Television Sets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.5. Smartphones and tablets
    • 6.5.1. Smartphones and tablets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.6. Desktop and laptops
    • 6.6.1. Desktop and laptops Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.7. Headphone, Headsets and Wearable devices
    • 6.7.1. Headphone, Headsets and Wearable devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.8. Music & Media Devices and Home Theatres
    • 6.8.1. Music & Media Devices and Home Theatres Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.9. Gaming consoles
    • 6.9.1. Gaming consoles Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 6.10. Others
    • 6.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Audio Codec Market: Regional Estimates & Trend Analysis

  • 7.1. Audio Codec Market Share, By Region, 2023 & 2030, USD Million
  • 7.2. North America
    • 7.2.1. North America Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.2.2. U.S.
      • 7.2.2.1. U.S. Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.2.3. Canada
      • 7.2.3.1. Canada Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.2.4. Mexico
      • 7.2.4.1. Mexico Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 7.3. Europe
    • 7.3.1. Europe Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.3.2. U.K.
      • 7.3.2.1. U.K. Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.3.3. Germany
      • 7.3.3.1. Germany Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.3.4. France
      • 7.3.4.1. France Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 7.4. Asia Pacific
    • 7.4.1. Asia Pacific Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.4.2. China
      • 7.4.2.1. China Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.4.3. Japan
      • 7.4.3.1. Japan Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.4.4. India
      • 7.4.4.1. India Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.4.5. South Korea
      • 7.4.5.1. South Korea Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.4.6. Australia
      • 7.4.6.1. Australia Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 7.5. Latin America
    • 7.5.1. Latin America Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.5.2. Brazil
      • 7.5.2.1. Brazil Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
  • 7.6. Middle East and Africa
    • 7.6.1. Middle East and Africa Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.6.2. KSA
      • 7.6.2.1. KSA Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.6.3. UAE
      • 7.6.3.1. UAE Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)
    • 7.6.4. South Africa
      • 7.6.4.1. South Africa Audio Codec Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

  • 8.1. Recent Developments & Impact Analysis by Key Market Participants
  • 8.2. Company Categorization
  • 8.3. Company Market Positioning
  • 8.4. Company Market Share Analysis
  • 8.5. Company Heat Map Analysis
  • 8.6. Strategy Mapping
    • 8.6.1. Expansion
    • 8.6.2. Mergers & Acquisition
    • 8.6.3. Partnerships & Collaborations
    • 8.6.4. New Product Launches
    • 8.6.5. Research And Development
  • 8.7. Company Profiles
    • 8.7.1. Analog Devices Inc.
      • 8.7.1.1. Participant's Overview
      • 8.7.1.2. Financial Performance
      • 8.7.1.3. Product Benchmarking
      • 8.7.1.4. Recent Developments
    • 8.7.2. ATC LABS
      • 8.7.2.1. Participant's Overview
      • 8.7.2.2. Financial Performance
      • 8.7.2.3. Product Benchmarking
      • 8.7.2.4. Recent Developments
    • 8.7.3. Barix AG.
      • 8.7.3.1. Participant's Overview
      • 8.7.3.2. Financial Performance
      • 8.7.3.3. Product Benchmarking
      • 8.7.3.4. Recent Developments
    • 8.7.4. Cirrus Logic Inc.
      • 8.7.4.1. Participant's Overview
      • 8.7.4.2. Financial Performance
      • 8.7.4.3. Product Benchmarking
      • 8.7.4.4. Recent Developments
    • 8.7.5. DSP Group Inc.
      • 8.7.5.1. Participant's Overview
      • 8.7.5.2. Financial Performance
      • 8.7.5.3. Product Benchmarking
      • 8.7.5.4. Recent Developments
    • 8.7.6. Maxim Integrated
      • 8.7.6.1. Participant's Overview
      • 8.7.6.2. Financial Performance
      • 8.7.6.3. Product Benchmarking
      • 8.7.6.4. Recent Developments
    • 8.7.7. Qualcomm Inc.
      • 8.7.7.1. Participant's Overview
      • 8.7.7.2. Financial Performance
      • 8.7.7.3. Product Benchmarking
      • 8.7.7.4. Recent Developments
    • 8.7.8. Realtek Semiconductor Corp.
      • 8.7.8.1. Participant's Overview
      • 8.7.8.2. Financial Performance
      • 8.7.8.3. Product Benchmarking
      • 8.7.8.4. Recent Developments
    • 8.7.9. Rohm Co. Ltd
      • 8.7.9.1. Participant's Overview
      • 8.7.9.2. Financial Performance
      • 8.7.9.3. Product Benchmarking
      • 8.7.9.4. Recent Developments
    • 8.7.10. Sony Corporation
      • 8.7.10.1. Participant's Overview
      • 8.7.10.2. Financial Performance
      • 8.7.10.3. Product Benchmarking
      • 8.7.10.4. Recent Developments
    • 8.7.11. STMicroelectronics
      • 8.7.11.1. Participant's Overview
      • 8.7.11.2. Financial Performance
      • 8.7.11.3. Product Benchmarking
      • 8.7.11.4. Recent Developments
    • 8.7.12. Synopsys
      • 8.7.12.1. Participant's Overview
      • 8.7.12.2. Financial Performance
      • 8.7.12.3. Product Benchmarking
      • 8.7.12.4. Recent Developments
    • 8.7.13. Texas Instruments Inc.
      • 8.7.13.1. Participant's Overview
      • 8.7.13.2. Financial Performance
      • 8.7.13.3. Product Benchmarking
      • 8.7.13.4. Recent Developments
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Product Code: GVR-4-68040-391-9

List of Tables

  • Table 1 Global Audio Codec Market by function, 2018 - 2030 (USD Million)
  • Table 2 Global Audio Codec Market by component type, 2018 - 2030 (USD Million)
  • Table 3 Global Audio Codec Market by application, 2018 - 2030 (USD Million)
  • Table 4 Global Audio Codec Market by region, 2018 - 2030 (USD Million)
  • Table 5 North America Audio Codec Market by country, 2018 - 2030 (USD Million)
  • Table 6 Europe Audio Codec Market by country, 2018 - 2030 (USD Million)
  • Table 7 Asia Pacific Audio Codec Market by country, 2018 - 2030 (USD Million)
  • Table 8 Latin America Audio Codec Market by country, 2018 - 2030 (USD Million)
  • Table 9 MEA Audio Codec Market by country, 2018 - 2030 (USD Million)
  • Table 10 Key companies launching new products/services
  • Table 11 Key companies engaged in mergers & acquisition
  • Table 12 Key companies engaged in Research & development
  • Table 13 Key Companies engaged in expansion

List of Figures

  • Fig. 1 Audio Codec Market segmentation
  • Fig. 2 Market research process
  • Fig. 3 Information procurement
  • Fig. 4 Primary research pattern
  • Fig. 5 Market research approaches
  • Fig. 6 Market formulation & validation
  • Fig. 7 Audio Codec Market snapshot
  • Fig. 8 Audio Codec Market segment snapshot
  • Fig. 9 Audio Codec Market competitive landscape snapshot
  • Fig. 10 Market driver impact analysis
  • Fig. 11 Market restraint impact analysis
  • Fig. 12 Audio Codec Market, function outlook key takeaways (USD million)
  • Fig. 13 Audio Codec Market: function movement analysis (USD million), 2023 & 2030
  • Fig. 14 With DSP market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 15 Without DSP market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 16 Audio Codec Market: component type outlook key takeaways (USD million)
  • Fig. 17 Audio Codec Market: component type movement analysis (USD million), 2023 & 2030
  • Fig. 18 Hardware Codecs market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 19 Software Codecs market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 20 Audio Codec Market: application outlook key takeaways (USD million)
  • Fig. 21 Audio Codec Market: application movement analysis (USD million), 2023 & 2030
  • Fig. 22 Automobile market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 23 Television Sets market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 24 Smartphones and tablets market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 25 Desktop and laptops market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 26 Headphone, Headsets and Wearable devices market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 27 Music & Media Devices and Home Theatres market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 28 Gaming consoles market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 29 Others (AR/VR, Broadcasting Equipment, Smart Home Devices) market revenue estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 30 Regional marketplace: Key takeaways
  • Fig. 31 Audio Codec Market: Regional outlook, 2023 & 2030, USD Million
  • Fig. 32 North America Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 33 U.S. Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 34 Canada Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 35 Mexico Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 36 Europe Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 37 U.K. Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 38 Germany Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 39 France Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 40 Asia Pacific Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 41 China Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 42 Japan Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 43 India Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 44 South Korea Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 45 Australia Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 46 Latin America Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 47 Brazil Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 48 MEA Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 49 KSA Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 50 UAE Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 51 South Africa Audio Codec Market estimates and forecasts, 2018 - 2030 (USD million)
  • Fig. 52 Company Categorization
  • Fig. 53 Company Market Positioning
  • Fig. 54 Strategy framework
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