Global Smartphone Audio Codecs Industry

Global Smartphone Audio Codecs Industry

  • October 2019 •
  • 55 pages •
  • Report ID: 5799668 •
  • Format: PDF
Smartphone Audio Codecs market worldwide is projected to grow by US$2.1 Billion, driven by a compounded growth of 4.4%. Smartphone Audio Codecs, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$8.1 Billion by the year 2025, Smartphone Audio Codecs will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$109.5 Million to the region’s size and clout in the next 5 to 6 years. Over US$98.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Smartphone Audio Codecs will reach a market size of US$579.5 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.2% over the next couple of years and add approximately US$358.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, ams AG; Analog Devices, Inc.; Broadcom Ltd.; Cirrus Logic, Inc.; CML Microcircuits Ltd.; Integrated Device Technology, Inc.; Maxim Integrated Products, Inc.; STMicroelectronics NV; Texas Instruments, Inc.