Market by Component, Application, and Country Outlook | Forecast 2022-2028
As per Triton’s research
report, the audio codec market in Europe is expected to witness growth at a CAGR of 9.02% over the forecasting
years 2022 to 2028.
Report scope can be customized per your requirements. Request For Customization
The
countries considered in the region comprise:
•
The United Kingdom
•
Germany
•
France
•
Spain
•
Italy
•
Russia
•
Rest of Europe
Germany
holds the largest market for audio codecs in the region. The increasing adoption of smartphones, coupled
with collaboration with entertainment platforms, is supporting the deployment
of audio codecs in devices. Besides, the rising adoption of technologies, such
as wearables and portable devices, have highlighted the need for better
connectivity and high resolution products. Therefore, the increasing demand for
connected devices is expected to drive the audio codec market’s growth across
the region.
In Germany, the adoption of software and
hardware audio codecs has gained momentum to a large extent. This is mainly
owing to the rise in media streaming platforms, smart homes, and smartphone
adoption. Furthermore, the use of connected devices increased significantly
during COVID-19, which further increased the deployment of audio codecs. Such
trends create several opportunities for the audio codec market.
France has witnessed innovation and investment
by international companies, which is contributing heavily to the audio codec
market. The reviewed market’s growth is on account of the robust supply of
electronic devices. As a result, several companies like AETA are collaborating
with international manufacturers like Sony to develop advanced audio codecs.
Such collaborations have also led to additional features, such as ultra-HD
sound effects. Thus, the growing electronics industry and collaborations are
expected to fuel the market’s growth across France.
Tablets capture a significant percentage of market share in the audio codec market. The implementation of audio codecs in tablets is similar to smartphones; however, due to its bigger size, it requires less compact DACs. This device is a higher version of android systems, supporting AAC, LC, MP3, and others. The market is bifurcated into application and component. The application segment is further branched into smart homes, over-ear headphones, tablets, automotive, home entertainment, true wireless stereo, phones, wearables, computers, commercial, portable, and other applications.
STMicroelectronics designs, develops, and supplies various semiconductor
products. Its product line includes custom devices, application-specific
integrated circuits, application-specific products, audio codecs, and others.
Additionally, it employs chip fabrication technologies, including depleted
silicon-on-insulator. The company markets products via distributors and sales
representatives across various countries, with headquarters in Geneva,
Switzerland.
STMicroelectronics introduced the HFDA801A, a
high-resolution audio amplifier designed primarily for compact and
cost-effective automotive appliances. It is an integrated digital-to-analog
converter that ensures high quality sound, delivering advanced audio
performance from a low-cost component.
Key deliverables of the report:
• Market CAGR during the forecasting years 2022-2028
• Detailed data highlighting key insights, industry components, and
market strategies
• Comprehensive information and estimation of the audio codec market
revenue growth in Europe and its influence on the parent market
• In-depth study of forthcoming trends in consumer behavioral
patterns
• A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
• A wide-ranging study of factors that will challenge the EU audio
codec market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
Market by Technology (Data ana ..
VIEW REPORT1. EUROPE
AUDIO CODEC MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON AUDIO CODEC MARKET
2.2. EVOLUTION
& TRANSITION OF AUDIO CODEC
2.3. KEY
INSIGHTS
2.3.1. SURGE
IN MOBILE GAMING
2.3.2. EVOLUTION
OF SOFTWARE AUDIO CODEC
2.3.3. GROWING
USAGE OF SMARTPHONE DEVICES
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTES
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
IMPACT ANALYSIS
2.5.1. APPLICATION
2.5.2. COST-EFFECTIVENESS
2.5.3. COMPATIBILITY
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. INDUSTRY
COMPONENTS
2.9. KEY
MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT
DEVELOPMENTS
2.9.3. AGREEMENTS
2.9.4. BUSINESS
EXPANSION
2.10. MARKET
DRIVERS
2.10.1. GROWING
ADOPTION OF WEARABLE DEVICES
2.10.2. RISE
IN ENERGY-EFFICIENT DEVICES
2.10.3. ROBUST
OPTIMIZATION TECHNIQUES IN THE ELECTRONICS INDUSTRY
2.11. MARKET
CHALLENGES
2.11.1. PATENTED
MARKET AND IP LICENSING RESTRICTIONS
2.11.2. AVAILABILITY
OF OPEN-SOURCE AUDIO CODECS
2.12. MARKET
OPPORTUNITIES
2.12.1. DEVELOPMENT
OF HD MUSIC STREAMING
2.12.2. EXPANSION
OF CINEMA AND OTT PLATFORM
3. EUROPE
AUDIO CODEC MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE
AUDIO CODEC
3.2. HARDWARE
AUDIO CODEC
4. EUROPE
AUDIO CODEC MARKET OUTLOOK - BY APPLICATION
4.1. COMPUTER
4.2. PHONES
4.3. TABLETS
4.4. OVER-EAR
HEADPHONES
4.5. TRUE
WIRELESS STEREO
4.6. HOME
ENTERTAINMENT
4.7. COMMERCIAL
4.8. AUTOMOTIVE
4.9. PORTABLE
4.10. SMART
HOMES
4.11. WEARABLES
4.12. OTHER
APPLICATIONS
5. EUROPE
AUDIO CODEC MARKET – COUNTRY OUTLOOK
5.1. UNITED
KINGDOM
5.2. GERMANY
5.3. FRANCE
5.4. SPAIN
5.5. ITALY
5.6. RUSSIA
5.7. REST
OF EUROPE
6. COMPETITIVE
LANDSCAPE
6.1. ANALOG
DEVICES INC
6.2. CIRRUS
LOGIC INC
6.3. QUALCOMM
INC
6.4. DIALOG
SEMICONDUCTOR PLC
6.5. DOLBY LABORATORIES
INC
6.6. REALTEK
SEMICONDUCTOR CORP
6.7. TEXAS
INSTRUMENTS INC
6.8. FRAUNHOFER
INSTITUTE OF INTEGRATED CIRCUITS
6.9. STMICROELECTRONICS
6.10. BARIX
AG
6.11. ROHM
CORPORATE LTD
6.12. ITTIAM
SYSTEMS PVT LTD
6.13. SONY
GROUP INC
6.14. SYNOPSYS
TECHNOLOGY INC
6.15. SYNAPTICS
INC
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE AUDIO CODEC
MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF PARTNERSHIPS
& AGREEMENTS
TABLE 6: LIST OF BUSINESS
EXPANSIONS & DIVESTITURES
TABLE 7: REGION-WISE SMART
WEARABLE BANDS SHIPMENT 2020 (IN $ MILLION)
TABLE 8: EUROPE AUDIO CODEC
MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 9: EUROPE AUDIO CODEC MARKET,
BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 10: EUROPE AUDIO CODEC
MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
FIGURE 1: PENETRATION RATE OF
MOBILE GAMES, BY TYPE, 2020 (IN %)
FIGURE 2: WORLDWIDE SMARTPHONE
USERS IN 2016-2025
FIGURE 3: KEY BUYING IMPACT
ANALYSIS
FIGURE 4: MARKET
ATTRACTIVENESS INDEX
FIGURE 5: INDUSTRY COMPONENTS
FIGURE 6: PENETRATION RATE OF
OTT PLATFORMS, BY DEVICES TYPE, 2021 (IN %)
FIGURE 7: EUROPE AUDIO CODEC
MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)
FIGURE 8: EUROPE AUDIO CODEC
MARKET, BY SOFTWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE AUDIO CODEC
MARKET, BY HARDWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE AUDIO CODEC
MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)
FIGURE 11: EUROPE AUDIO CODEC
MARKET, BY COMPUTER, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE AUDIO CODEC
MARKET, BY PHONE, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE AUDIO CODEC
MARKET, BY TABLETS, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE AUDIO CODEC
MARKET, BY OVER-EAR HEADPHONES, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE AUDIO CODEC
MARKET, BY TRUE WIRELESS STEREO, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE AUDIO CODEC
MARKET, BY HOME ENTERTAINMENT, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE AUDIO CODEC
MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE AUDIO CODEC
MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 19: EUROPE AUDIO CODEC
MARKET, BY PORTABLE, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE AUDIO CODEC
MARKET, BY SMART HOME, 2022-2028 (IN $ MILLION)
FIGURE 21: EUROPE AUDIO CODEC
MARKET, BY WEARABLES, 2022-2028 (IN $ MILLION)
FIGURE 22: EUROPE AUDIO CODEC
MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 23: EUROPE AUDIO CODEC
MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED KINGDOM
AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: GERMANY AUDIO CODEC
MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: FRANCE AUDIO CODEC
MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: SPAIN AUDIO CODEC
MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: ITALY AUDIO CODEC
MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: RUSSIA AUDIO CODEC
MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: REST OF EUROPE
AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)