The “Smartphone Audio Codecs – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Smartphone Audio Codecs Market to Reach $8.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Smartphone Audio Codecs estimated at US$6.3 Billion in the year 2020, is projected to reach a revised size of US$8.3 Billion by 2027, growing at a CAGR of 4.1% over the period 2020-2027.
The U. S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 3.9% CAGR
The Smartphone Audio Codecs market in the U. S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 3.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Analog Devices, Inc.
Cirrus Logic, Inc.
CML Microcircuits Ltd.
Integrated Device Technology, Inc.
Maxim Integrated Products, Inc.
Texas Instruments, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Smartphone Audio Codecs Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Smartphone Audio Codecs Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Smartphone Audio Codecs Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/4w6x33
View source version on businesswire.com: https://www.businesswire.com/news/home/20201007005771/en/
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