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EUROPE AUDIO CODEC MARKET FORECAST 2021-2028

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EUROPE AUDIO CODEC MARKET FORECAST 2021-2028

The Europe audio codec market is projected to develop with a CAGR of 5.36% over the estimated years of 2021 to 2028. The market growth of the region is supplemented by key factors such as the increasing use of smartphones, the collaborations of entertainment platforms with numerous companies, the rising penetration of consumer electronics, as well as the growing adoption of technology within sectors like telecommunication and wearables for providing high resolution and enhanced connectivity.

EUROPE AUDIO CODEC MARKET FORECAST 2021-2028

Europe Audio Codec Market by Component (Software Audio Codec, Hardware Audio Codec) Market by End-user (Computer, Phones, Tablets, Over-ear Headphones, True Wireless Stereo (TWS), Home Entertainment, Commercial, Automotive, Portable, Smart Home, Wearables, AR/VR, Other End-users) by Geography

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The Europe audio codec market is projected to develop with a CAGR of 5.36% over the estimated years of 2021 to 2028. The market growth of the region is supplemented by key factors such as the increasing use of smartphones, the collaborations of entertainment platforms with numerous companies, the rising penetration of consumer electronics, as well as the growing adoption of technology within sectors like telecommunication and wearables for providing high resolution and enhanced connectivity.

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The Europe audio codec market growth study includes an in-depth analysis of the United Kingdom, Italy, France, Germany, Russia, Poland, Belgium, and Rest of Europe. The United Kingdom is a leading market across Europe in terms of electronic devices. In addition to nearly 92 million mobile connections, the country’s population also utilizes other streaming media platforms, acknowledged as an eminent characteristic of the United Kingdom’s market. Moreover, owing to the COVID-19 pandemic, the use of electronic devices, including tablets, headsets, laptops, earbuds, desktops, and others, has also surged drastically.

Conversely, continued innovation, as well as investments by international companies, play a vital role in augmenting the audio codec market in France. The transitioning landscape of audio codecs in the country is attributed to the significant supply of electronic devices, coupled with their rising usage with time. Therefore, these factors are set to proliferate the market growth in Europe during the forecasted period.

STMicroelectronics, headquartered in Switzerland, is a developer, supplier, designer, and manufacturer of numerous semiconductor products. Its portfolio entails full custom devices and semi-custom devices, discrete and standard commodity components, application-specific standard products for digital, analog, and mixed-signal applications, and application-specific integrated circuits. The company utilizes several chip fabrication technologies, such as bipolar and nonvolatile memory technologies, complementary metal-on silicon oxide semiconductors, advanced fully depleted silicon-on-insulator, and others.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • INCREASING USE OF SMARTPHONES
        • GROWING OPTIMIZATION TECHNIQUES IN AUDIO CODEC
        • RISING USE OF ENERGY-EFFICIENT DEVICES
      • KEY RESTRAINTS
        • HEAVILY PATENTED AND IP LICENSING
        • WIDE AVAILABILITY OF FREE OPEN-SOURCES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON AUDIO CODEC MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
        • APPLICATION
        • COMPATIBILITY
        • COST-EFFECTIVENESS
    1. MARKET BY COMPONENT
      • SOFTWARE AUDIO CODEC
      • HARDWARE AUDIO CODEC
    2. MARKET BY END-USER
      • COMPUTER
      • PHONES
      • TABLETS
      • OVER-EAR HEADPHONES
      • TRUE WIRELESS STEREO (TWS)
      • HOME ENTERTAINMENT
      • COMMERCIAL
      • AUTOMOTIVE
      • PORTABLE
      • SMART HOME
      • WEARABLES
      • AR/VR
      • OTHER END-USERS
    3. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPES
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ANALOG DEVICES INC
        • BARIX AG
        • CIRRUS LOGIC INC
        • DIALOG SEMICONDUCTOR PLC (ACQUIRED BY RENESAS)
        • DOLBY LABORATORIES INC
        • FRAUNHOFER INSTITUTE OF INTEGRATED CIRCUITS
        • ITTIAM SYSTEMS PVT LTD
        • QUALCOMM INCORPORATED
        • REALTEK SEMICONDUCTORS CORPORATION
        • ROHM CORPORATION LTD
        • SONY GROUP CORPORATION
        • STMICROELECTRONICS
        • SYNAPTICS INC
        • SYNOPSYS TECHNOLOGY INC
        • TEXAS INSTRUMENTS INCORPORATED

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT- AUDIO CODEC

    TABLE 2: REGION-WISE SMART WEARABLES BANDS SHIPMENT, 2020 (IN $ MILLION)

    TABLE 3: EUROPE AUDIO CODEC MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: EUROPE AUDIO CODEC MARKET, BY COMPONENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 5: EUROPE AUDIO CODEC MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 6: EUROPE AUDIO CODEC MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 7: EUROPE AUDIO CODEC MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 8: EUROPE AUDIO CODEC MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 9: LEADING PLAYERS OPERATING IN EUROPE AUDIO CODEC MARKET

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: WORLDWIDE SMARTPHONE USERS IN 2016-2025

    FIGURE 2: KEY MARKET TRENDS

    FIGURE 3: PENETRATION RATE OF OTT PLATFORMS, BY DEVICES TYPE, 2021 (IN %)

    FIGURE 4: PENETRATION RATE OF MOBILE GAMES, BY TYPE, 2020 (IN %)

    FIGURE 5: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 6: OPPORTUNITY MATRIX

    FIGURE 7: VENDOR LANDSCAPE

    FIGURE 8: VALUE CHAIN ANALYSIS

    FIGURE 9: KEY BUYING CRITERIA

    FIGURE 10: EUROPE AUDIO CODEC MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

    FIGURE 11: EUROPE AUDIO CODEC MARKET, BY SOFTWARE AUDIO CODEC, 2021-2028 (IN $ MILLION)

    FIGURE 12: EUROPE AUDIO CODEC MARKET, BY HARDWARE AUDIO CODEC, 2021-2028 (IN $ MILLION)

    FIGURE 13: EUROPE AUDIO CODEC MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 14: EUROPE AUDIO CODEC MARKET, BY COMPUTER, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE AUDIO CODEC MARKET, BY PHONE, 2021-2028 (IN $ MILLION)

    FIGURE 16: EUROPE AUDIO CODEC MARKET, BY TABLETS, 2021-2028 (IN $ MILLION)

    FIGURE 17: EUROPE AUDIO CODEC MARKET, BY OVER-EAR HEADPHONES, 2021-2028 (IN $ MILLION)

    FIGURE 18: EUROPE AUDIO CODEC MARKET, BY TWS, 2021-2028 (IN $ MILLION)

    FIGURE 19: EUROPE AUDIO CODEC MARKET, BY HOME ENTERTAINMENT, 2021-2028 (IN $ MILLION)

    FIGURE 20: EUROPE AUDIO CODEC MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

    FIGURE 21: EUROPE AUDIO CODEC MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

    FIGURE 22: EUROPE AUDIO CODEC MARKET, BY PORTABLE, 2021-2028 (IN $ MILLION)

    FIGURE 23: EUROPE AUDIO CODEC MARKET, BY SMART HOME, 2021-2028 (IN $ MILLION)

    FIGURE 24: EUROPE AUDIO CODEC MARKET, BY WEARABLES, 2021-2028 (IN $ MILLION)

    FIGURE 25: EUROPE AUDIO CODEC MARKET, BY AR/VR, 2021-2028 (IN $ MILLION)

    FIGURE 26: EUROPE AUDIO CODEC MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 27: EUROPE AUDIO CODEC MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 28: UNITED KINGDOM AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: GERMANY AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: FRANCE AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: ITALY AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: RUSSIA AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 33: BELGIUM AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 34: POLAND AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 35: REST OF EUROPE AUDIO CODEC MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY COMPONENT
      • SOFTWARE AUDIO CODEC
      • HARDWARE AUDIO CODEC
    2. MARKET BY END-USER
      • COMPUTER
      • PHONES
      • TABLETS
      • OVER-EAR HEADPHONES
      • TRUE WIRELESS STEREO (TWS)
      • HOME ENTERTAINMENT
      • COMMERCIAL
      • AUTOMOTIVE
      • PORTABLE
      • SMART HOME
      • WEARABLES
      • AR/VR
      • OTHER END-USERS

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    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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