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PUBLISHER: IMARC | PRODUCT CODE: 1370215
PUBLISHER: IMARC | PRODUCT CODE: 1370215
Smartphone Audio Codecs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
Market Overview:
The global smartphone audio codecs market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
An audio codec, also known as a sound codec, helps in the compression and decompression of an audio data stream to minimize the bit rate and storage space. It can be both a combination of both hardware and software components. It comprises signal routing and mixing channels, microphone and line inputs, digital-to-analog converters (DAC), and analog-to-digital converters (ADC), which make audio transmissions easier. At present, some of the most widely used audio codec formats include MP3, advanced audio coding (AAC), Apple lossless audio code (ALAC), free lossless audio codec (FLAC) and windows media audio (WMA).
The boosting sales of smartphones, in confluence with the increasing mobile data traffic, represents one of the key factors driving the global smartphone audio codecs market growth. In addition to this, the growing popularity of music streaming services is escalating the demand for audio codecs around the world. Apart from this, owing to the rising adoption of Bluetooth earphones and headphones, the leading manufacturers are focusing on offering innovative and advanced features in their products, such as parametric equalizers, dynamic range control, noise cancellation and 3D sound processing, for expanding their consumer base. Furthermore, the industry recently witnessed the introduction of aptX technology that is capable of wirelessly transmitting 24-bit high-resolution audio. It aids in reducing the audio's file size before transmission without affecting its overall sound quality. These innovations are expected to create a positive outlook for the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smartphone audio codecs market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, converter type and application type.
Breakup by Component:
Hardware
Mono Codecs
Stereo Codecs
Multi-channel Codecs
Software
Non-compression
Lossy Compression
Lossless Compression
Breakup by Converter Type:
Analog to Digital Converter
Digital to Analog Converter
Breakup by Application Type:
IOS
Android
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ams AG, Analog Devices, Inc., Broadcom Inc., Cirrus Logic Inc., CML Microcircuits (UK) Ltd., DescriptionDialog Semiconductor PLC, Integrated Device Technology, Inc., Maxim Integrated Products, Inc., NXP Semiconductors N.V., STMicroelectronics International N.V. and Texas Instruments Incorporated.
Key Questions Answered in This Report:
- How has the global smartphone audio codecs market performed so far and how will it perform in the coming years?
- What are the key regional markets in the industry?
- What has been the impact of COVID-19 on the global smartphone audio codecs market?
- What is the breakup of the market based on the component?
- What is the breakup of the hardware products based on the product type?
- What is the breakup of the software products based on the compression type?
- What is the breakup of the market based on the converter type?
- What is the breakup of the market based on the application type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global smartphone audio codecs market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A2075
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Smartphone Audio Codecs Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Breakup by Type
- 6.1.2.1 Mono Codecs
- 6.1.2.1.1 Market Trends
- 6.1.2.1.2 Market Forecast
- 6.1.2.2 Stereo Codecs
- 6.1.2.2.1 Market Trends
- 6.1.2.2.2 Market Forecast
- 6.1.2.3 Multi-Channel Codecs
- 6.1.2.3.1 Market Trends
- 6.1.2.3.2 Market Forecast
- 6.1.2.1 Mono Codecs
- 6.1.3 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Market Breakup by Compression Type
- 6.2.2.1 Non-Compression
- 6.2.2.1.1 Market Trends
- 6.2.2.1.2 Market Forecast
- 6.2.2.2 Lossy Compression
- 6.2.2.2.1 Market Trends
- 6.2.2.2.2 Market Forecast
- 6.2.2.3 Lossless Compression
- 6.2.2.3.1 Market Trends
- 6.2.2.3.2 Market Forecast
- 6.2.2.1 Non-Compression
- 6.2.3 Market Forecast
7 Market Breakup by Converter Type
- 7.1 Analog to Digital Converter
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Digital to Analog Converter
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application Type
- 8.1 IOS
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Android
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
- 11.1 Overview
- 11.2 Inbound Logistics
- 11.3 Operations
- 11.4 Outbound Logistics
- 11.5 Marketing and Sales
- 11.6 Service
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ams AG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.2 Analog Devices Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Broadcom Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Cirrus Logic Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 CML Microcircuits (UK) Ltd .
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 DescriptionDialog Semiconductor PLC
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Integrated Device Technology Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Maxim Integrated Products, Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 NXP Semiconductors N.V.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 STMicroelectronics International N.V.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Texas Instruments Incorporated
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 ams AG
Product Code: SR112023A2075
List of Figures
- Figure 1: Global: Smartphone Audio Codecs Market: Major Drivers and Challenges
- Figure 2: Global: Smartphone Audio Codecs Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Smartphone Audio Codecs Market: Breakup by Component (in %), 2022
- Figure 4: Global: Smartphone Audio Codecs Market: Hardware Component Breakup by Type (in %), 2022
- Figure 5: Global: Smartphone Audio Codecs Market: Software Component Breakup by Compression Type (in %), 2022
- Figure 6: Global: Smartphone Audio Codecs Market: Breakup by Converter Type (in %), 2022
- Figure 7: Global: Smartphone Audio Codecs Market: Breakup by Application Type (in %), 2022
- Figure 8: Global: Smartphone Audio Codecs Market: Breakup by Region (in %), 2022
- Figure 9: Global: Smartphone Audio Codecs Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 10: Global: Smartphone Audio Codecs (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Smartphone Audio Codecs (Hardware- Mono Codecs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Smartphone Audio Codecs (Hardware- Mono Codecs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Smartphone Audio Codecs (Hardware- Stereo Codecs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Smartphone Audio Codecs (Hardware- Stereo Codecs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Smartphone Audio Codecs (Hardware- Multi-Channel Codecs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Smartphone Audio Codecs (Hardware- Multi-Channel Codecs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Smartphone Audio Codecs (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Smartphone Audio Codecs (Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Smartphone Audio Codecs (Software- Non-Compression) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Smartphone Audio Codecs (Software - Non-Compression) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Smartphone Audio Codecs (Software - Lossy Compression) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Smartphone Audio Codecs (Software - Lossy Compression) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Smartphone Audio Codecs (Software - Lossless Compression) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Smartphone Audio Codecs (Software - Lossless Compression) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Smartphone Audio Codecs (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Smartphone Audio Codecs (Analog to Digital Converter) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Smartphone Audio Codecs (Analog to Digital Converter) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Smartphone Audio Codecs (Digital to Analog Converter) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Smartphone Audio Codecs (Digital to Analog Converter) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Smartphone Audio Codecs (IOS Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Smartphone Audio Codecs (IOS Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Smartphone Audio Codecs (Android Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Smartphone Audio Codecs (Android Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: North America: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: North America: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: United States: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: United States: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Canada: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Canada: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Asia Pacific: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Asia Pacific: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: China: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: China: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Japan: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Japan: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: India: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: India: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: South Korea: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: South Korea: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Australia: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Australia: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Indonesia: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Indonesia: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Others: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Others: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Europe: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Europe: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Germany: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Germany: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: France: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: France: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: United Kingdom: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: United Kingdom: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Italy: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Italy: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Spain: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Spain: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Russia: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Russia: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Latin America: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Latin America: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Brazil: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Brazil: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Mexico: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Mexico: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Middle East and Africa: Smartphone Audio Codecs Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Middle East and Africa: Smartphone Audio Codecs Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Smartphone Audio Codecs Industry: SWOT Analysis
- Figure 83: Global: Smartphone Audio Codecs Industry: Value Chain Analysis
- Figure 84: Global: Smartphone Audio Codecs Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Smartphone Audio Codecs Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Smartphone Audio Codecs Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Smartphone Audio Codecs Market Forecast: Hardware Component Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Smartphone Audio Codecs Market Forecast: Software Component Breakup by Compression Type (in Million US$), 2023-2028
- Table 5: Global: Smartphone Audio Codecs Market Forecast: Breakup by Converter Type (in Million US$), 2023-2028
- Table 6: Global: Smartphone Audio Codecs Market Forecast: Breakup by Application Type (in Million US$), 2023-2028
- Table 7: Global: Smartphone Audio Codecs Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 8: Global: Smartphone Audio Codecs Market: Competitive Structure
- Table 9: Global: Smartphone Audio Codecs Market: Key Players
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