Global Audio IC Market Enhancing Sound Experiences Across Devices 2023 to 2030 | Cirrus Logic, Qualcomm, Texas Instruments, Analog Devices

PRESS RELEASE
Published September 7, 2023

Infinity Business Insights shares report on “Audio IC Market” which provides the company profile, product specifications, capacity, production value, and market shares for each company. The report will assist reader with better understanding and decision making.

The Global Audio IC Market size was USD 29,883 million in 2021, and it is expected to grow to USD 52,900 million with a CAGR of 7.4% during the projected period. Audio amplifier integrated circuits (ICs) are utilised in sound systems such as home audio, musical instruments, loudspeakers, and sound reinforcement. An amplifier’s function is to raise vibrations to the fullest extent of signals without influencing frequency or wavelength, and to aid improve system efficiency. A digital sound processor (DSP) is a specialised microprocessor chip that is widely used in audio signal processing, telecommunications, digital image processing, radar, sonar, and speech recognition systems, as well as consumer electronic devices like mobile phones, disc drives, and high-definition television (HDTV) products.

The Key companies profiled in the Audio IC Market:

The study examines the Audio IC Market’s competitive landscape and includes data on Cirrus Logic, Qualcomm, Texas Instruments, Analog Devices, Realtek, Bestechnic, Dialog Semiconductor, Synaptics, NXP Semiconductors, ROHM, STMicroelectronics, Infineon, ON Semiconductor, Asahi Kasei Microdevices (AKM), Renesas, Yamaha, ESS Technology, New Japan Radio & Others.

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The audio IC market is growing due to the increased usage of consumer electronics devices and the development of new energy efficient audio devices with improved user experience. Furthermore, the increased adoption of wireless and smart infrastructure, as well as the surge in demand for Hi-Fi audio in commercial events, drive market expansion. However, increased demand for audio system on chip (SoC), as well as technical flaws and challenges connected with audio device integration, is a major limitation for the worldwide audio IC market. Furthermore, the rise in demand for on-board media entertainment systems and the advancement of VR technology are projected to open up new prospects for the audio IC market.

Global Audio IC Market Segment by Type & Applications:

This report segments the Audio IC Market on the basis of Types:
Audio Amplifiers
CODECs
DSPs
SoCs

On the basis of Application, the Audio IC Market is segmented into:
Portable Audio
Computer Audio
Home Audio
Automotive Audio

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Audio IC Market Regional Analysis:
During the projection period, Asia-Pacific is expected to grow at the fastest rate. This is due to an increase in consumer electronics usage, an increase in consumer disposable income across developing countries in the region, and considerable technological breakthroughs. Because of the boom in consumer electronics manufacturing capacity in these countries, China and India continue to be key participants in the worldwide audio IC market in Asia-Pacific. Leading audio IC manufacturers including STMicroelectronics, NXP Semiconductors, and Infineon are investing in technologically innovative and cost-effective devices. STMicroelectronics, for example, announced a new FDA901 class-D audio amplifier IC in March 2020, with a semiconductor design that blends audio design experience from Alps Alpine Co., Ltd., a prominent Japanese maker of information communication equipment and automobile audio.

Audio IC Market – COVID-19 and Recovery Analysis:
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain including Audio IC industry. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Audio IC. This report on Audio IC Market provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation in the Audio IC industry.

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Audio IC Market Research Methodology:
The research paper provides perceptions into approaches developed by each firm for the same condition, while the study provides in-depth insights into organisations developing solutions for it. In-depth assessment of licencing agreements, company-company collaboration, and company-academic collaborations for future market development. The report also includes facts and statistics, tables, and visuals that will be used in strategic planning for the company’s growth. The research employs a bottom-up approach and triangulation methodologies to analyse market size and projections, taking into consideration the status of the economy, changes in legislation, and other factors.

Reasons Why You Should Buy This Report:
1.To gain an in-depth understanding of Audio IC Market
2.To obtain research-based business decisions and add weight to presentations and marketing strategies
3.To gain competitive knowledge of leading market players
4.It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
5.It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.

FAQs:
• What is the study period of this market?
• What is the growth rate of this Market?
• Which region has the highest growth rate in this Market?
• What are the key players operating in the Middle East & Africa?

Browse the complete Audio IC Market report details with table of contents and list of figures click here
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Major Points from Table of Contents:
Chapter 1: Audio IC Market Overview
Chapter 2: Company Profiles
Chapter 3: Audio IC Market Competition, by Players
Chapter 4: Audio IC Market Size Segment by Type
Chapter 5: Audio IC Market Size Segment by Application
Chapter 6: North America by Country, by Type, and by Application
Chapter 7: Europe by Country, by Type, and by Application
Chapter 8: Asia-Pacific by Region, by Type, and by Application
Chapter 9: South America by Country, by Type, and by Application
Chapter 10: Middle East & Africa by Country, by Type, and by Application
Chapter 11: Research Findings and Conclusion
Chapter 12: Appendix…

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