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Smartphone Audio Codecs Market Giants Spending is Going to Boom | Qualcomm, Broadcom, DSP Group
iCrowd Newswire
Advance Market Analytics published a new research publication on
Smartphone Audio Codecs
Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smartphone Audio Codecs market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
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 (Aus
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The audio codec market was valued at USD 6.8 billion in 2020 and is projected to reach USD 7.8 billion by 2025; it is expected to register a CAGR of 5.5% from 2020 to 2025.
Some of the Factors such as penetration of internet users which are generating traffic, demand for telecommunication devices and products as there are restrictions globally amidst the pandemic and consumer trends inclined for IoT enabled smartphones and related devices.
Audio codec market for headset, hearables and wearable devices application to grow at highest CAGR during forecast period
The audio codec market for headset, hearables and wearable devices application is expected to grow at the highest CAGR during the forecast period considering the surge in the demand for wireless electronic products such as earplugs, smart watches, bluetooth speakers and others. Many automotive companies are diversifying their business portfolio in o
Global Audio Codec Market Report 2020-2025: Surging Demand for Telecommunication Systems Amid COVID-19 Outbreak globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.