The Audio IC Market is expected to grow at a CAGR of nearly 7.09% during the forecast period. (2022-2028). The increase in adoption of consumer electronic devices and the development of new energy-efficient audio devices with enhanced user experience are driving the growth of the audio IC market. In addition, the proliferation of wireless and smart infrastructure and the surge in demand for high-fidelity audio in commercial activities are driving the growth of the market. However, increasing demand for audio system-on-chip (SoC) and technical glitches and issues related to audio device integration are major constraints for the global audio IC industry. In addition, the increasing demand for in-vehicle media entertainment systems and the development of VR technology are expected to create opportunities for the audio IC market.
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Market Segmentation
By IC Type
- Audio Amplifier
- Audio DSP
- Audio Codecs
- Microphone IC
By Application
- Mobile Phones
- Smart Home & IoT devices
- Computer & Tablets
- Automotive
- Headphones
- Home Entertainment Systems
- Wearables
- Others
Key Players
- Analog Devices, Inc
- Infineon Technologies AG
- Renesas Electronics Corporation
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- Toshiba Corporation
- AMS AG
- Cirrus Logic, Inc.
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key Questions Answered by Audio IC Market Report
- What was the Audio IC Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Audio IC Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Audio IC Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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