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Smartphone Audio Codecs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 150 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5700869
Description Jump to:
The global smartphone audio codecs market size reached US$ 6.5 Billion in 2022. Looking forward, the analyst 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

The report 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?

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
6.1.3 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
6.2.3 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
9.2 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
9.3 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
9.4 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
9.5 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
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

Companies Mentioned

  • 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.
  • Texas Instruments Incorporated

Methodology

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Table Information

Report AttributeDetails
No. of Pages150
PublishedOctober 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 6.5 Billion
Forecasted Market Value ( USD ) by 2028 $ 8.4 Billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal
No. of Companies Mentioned11

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