Global Smartphone Audio Codecs Market 2018-2022
- Published: Dec 2018
- Pages: 101
- SKU: IRTNTR23717
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The global smartphone audio codecs market size will grow by USD 444.95 million during 2018-2022. This report offers an analysis of the market based on type (hardware and software) and geography (the Americas, APAC, and EMEA). The smartphone audio codecs market research report further analyzes the market’s competitive landscape and offers information on several companies including Analog Devices, Broadcom, Maxim Integrated, STMicroelectronics, and Texas Instruments.
Below are some of the key findings from the smartphone audio codecs market research report
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Global smartphone audio codecs industry overview
The increase in mobile data traffic is one of the key factors expected to trigger the market’s growth in the forthcoming years. Owing to an increasing number of smartphone users subscribing to audio on demand and video on demand applications, mobile data traffic has increased in recent years. In addition, with the rising shipment of smartphones, the demand for audio codes from the consumer electronics sector has also increased considerably. As a result, smartphone manufacturers are increasingly focusing on integrating audio codecs and other components in smartphones to offer differentiation in the market. The smartphone audio codecs market is projected to register a CAGR of over 3% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in year-over-year growth.
The growing adoption of premium range smartphones is one of the key trends expected to gain traction in the market. The recently launched premium smartphones are usually equipped with audio codec, eight-core processor, rapid charging technologies, and many other technologies. Audio codec IC has become a key component in extending the audio processing of the smartphone. As a result, the rising adoption of premium smartphones will augment the demand for smartphone audio codecs in the forthcoming years.
Top smartphone audio codecs companies covered in this market research report
The smartphone audio codecs market is moderately fragmented with companies focusing on engaging in the rising number of mergers and acquisitions in the video and audio-on-demand industry to offer product differentiation. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this smartphone audio codecs industry analysis report is designed to help clients assess market potential and form effective business strategies to strengthen their position in the market.
The report offers a complete analysis of various companies including:
- Analog Devices
- Broadcom
- Maxim Integrated
- STMicroelectronics
- Texas Instruments
Smartphone audio codecs market segmentation based on geographic regions
- Americas
- APAC
- EMEA
The APAC region will account for the highest smartphone audio codecs market share throughout the forecast period. However, in terms of change in market share from 2017 to 2022, the EMEA region will account for the highest growth.
Smartphone audio codecs market segmentation based on type
- Hardware
- Software
The software segment will account for the highest market share during the forecast period. Additionally, the report will also provide an accurate prediction of the contribution of the various other type segments to the growth of the smartphone audio codecs market size.
Key highlights of the global smartphone audio codecs market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the smartphone audio codecs market during the next five years
- Precise estimation of the global smartphone audio codecs market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the smartphone audio codecs industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the smartphone audio codecs companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY TYPE
- Segmentation by type
- Comparison by type
- Hardware – Market size and forecast 2017-2022
- Software – Market size and forecast 2017-2022
- Market opportunity by type
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing popularity of social networking applications
- Growing adoption of premium range smartphones
- Rise in number of M&A in video and audio on-demand industry
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Analog Devices
- Broadcom
- Maxim Integrated
- STMicroelectronics
- Texas Instruments
PART 15: APPENDIX
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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