Global audio codec market to grow with a CAGR of 3.5% over the period of 2018 - 2024

LONDON, May 17, 2018 /PRNewswire/ -- The report on global audio codec market provides qualitative and quantitative analysis for the period of 2016 to 2024.

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The report predicts the global audio codec market to grow with a CAGR of 3.5% over the period of 2018 - 2024. The study on audio codec market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2016 to 2024.

 The report on audio codec market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global audio codec market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global audio codec market over the period of 2016 – 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research methodology

• Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

• Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include
• Company reports and publications
• Government/institutional publications
• Trade and associations' journals
• Databases such as WTO, OECD, World Bank, and among others.
• Websites and publications by research agencies

Segments Covered
The report segments the global audio codec market on the basis of channel type, component, compression type and application

Global Audio Codec Market by Channel Type
• Mono-Codec
• Stereo Codec
• Multi-channel Codec

Global Audio Codec Market by Component
• Hardware
• Software

Global Audio Codec Market by Compression Type
• Lossless Compression
• Lossy Compression
• Non-Compression

Global Audio Codec Market by Application
• Headphone, Headset, and Wearable Device
• Desktop and Laptop
• Mobile Phone and Tablet
• Television and Gaming Console
• Music & Media Device and Home Theatre
• Automotive Infotainment
• Other

Global Audio Codec Market by Regions
• North America
• Europe
• Asia-Pacific
• RoW

Companies Profiled in the report
• Maxim Integrated Products, Inc.
• Stmicroelectronics N.V.
• Technicolor SA
• Realtek Semiconductor Corp.
• Fraunhofer IIS
• Qualcomm Inc.
• Xiph.Org
• Analog Devices, Inc.
• Cirrus Logic, Inc.
• Dolby Laboratories, Inc.

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of audio codec market.
2. Complete coverage of all the segments in audio codec market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global audio codec market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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