The Audio Coding market is a subset of the Multimedia industry, which encompasses the production, distribution, and consumption of audio and video content. Audio coding is the process of compressing audio data to reduce its size while preserving its quality. This is done by removing redundant information and using algorithms to reduce the amount of data needed to represent the audio. Audio coding is used in a variety of applications, such as streaming audio, digital radio, and audio conferencing.
Audio coding is an important part of the multimedia industry, as it allows for efficient storage and transmission of audio data. It also enables the development of new audio technologies, such as virtual reality and 3D audio.
Some of the major companies in the Audio Coding market include Dolby Laboratories, Fraunhofer IIS, Apple Inc., Microsoft Corporation, and Qualcomm Technologies. Show Less Read more
