Market Overview:
The global smartphone audio decoder market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smartphones and the growing trend of using lossless compression technology in smartphones. In terms of type, the global smartphone audio decoder market is segmented into lossless compression and lossy compression. The lossless compression segment is expected to grow at a higher CAGR than the lossy compression segment during the forecast period. This can be attributed to rising demand for high-quality music streaming services among consumers. In terms of application, the global smartphone audio decoder market is divided into iOS and Android applications.
Product Definition:
A smartphone audio decoder is a hardware and/or software component used to decode digital audio signals into an analog form that can be played through a speaker or headphones. The importance of this component is that it allows the user to listen to music, podcasts, and other audio content without needing to connect the phone to a separate device.
Lossless Compression:
Lossless compression is a data reduction technique which can be used for the preservation of digital data. The compressor and decompressor are both hardware and software modules. In lossless compression, there is no information loss; instead, information gain takes place where more meaningful data can be obtained from the source to destination file with less transmission.
Lossy Compression:
Lossy compression is a type of data reduction technique used to decrease the size or volume of digital data without loss of information. The process involves reducing the resolution or bit depth and can be used for both audio and video files. Lossy compression is usually done to reduce file sizes, which makes it easier for users to store an excessive amount of data on a limited memory device like a smartphone.
Application Insights:
The music application segment dominated the global market in terms of revenue share in 2017. The high share is attributable to the widespread usage of music applications, such as Spotify, Apple Music and YouTube on smartphones. In addition, a large number of online streaming services have fueled demand for audio decoders in this segment.
The IOS application segment accounted for a significant revenue share in 2017 owing to its wide usage among consumers and enterprises. IOS is an operating system developed by Apple Inc., which powers various devices including iPhone, iPad and iPod Touch devices worldwide. As per Statista, there were approximately 1 billion active iOS devices globally in 2018; out of which around 544 million are iPhones accounting for just over 23% market share globally at that time.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of smartphone manufacturers and operating system providers. The region is expected to maintain its dominance over the forecast period, with U.S. being at the forefront. Europe is also estimated to witness considerable growth over the coming years due to increasing demand for lossless audio codecs from high-end audiophiles as well as consumers who value sound quality above all else.
Asia Pacific is anticipated to be one of fastest growing regions during the forecast period owing rising disposable income especially in China and India among other countries such as Indonesia, Vietnam, Philippines, Bangladesh etc.
Growth Factors:
- Increasing demand for high-quality audio content: The growth of the Smartphone Audio Decoder market can be attributed to the increasing demand for high-quality audio content. This is because consumers are increasingly becoming aware of the benefits of listening to high-quality audio content, such as improved sound quality and enhanced user experience.
- Proliferation of 4G networks: The proliferation of 4G networks is another key growth driver for the Smartphone Audio Decoder market. This is because 4G networks offer faster data speeds, which allows users to stream high-quality audio content without any lag or buffering issues.
- Growing popularity of streaming services: The growing popularity of streaming services is also contributing to the growth of the Smartphone Audio Decoder market. This is because streaming services offer a wide range of high-quality audio content that can be accessed by users anytime, anywhere.
- Rising number of audiophiles: Another key factor driving the growth of the Smartphone Audio Decoder market is rising number if audiophiles worldwide who are looking for better sound quality from their smartphones and other portable devices..
Scope Of The Report
Report Attributes
Report Details
Report Title
Smartphone Audio Decoder Market Research Report
By Type
Lossless Compression, Lossy Compression
By Application
IOS, Android
By Companies
Analog Devices, Broadcom, Maxim Integrated, STMicroelectronics, Texas Instruments, Dialog Semiconductor, Cirrus Logic, Qualcomm, DSP Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Smartphone Audio Decoder Market Report Segments:
The global Smartphone Audio Decoder market is segmented on the basis of:
Types
Lossless Compression, Lossy Compression
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IOS, Android
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Analog Devices
- Broadcom
- Maxim Integrated
- STMicroelectronics
- Texas Instruments
- Dialog Semiconductor
- Cirrus Logic
- Qualcomm
- DSP Group
Highlights of The Smartphone Audio Decoder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lossless Compression
- Lossy Compression
- By Application:
- IOS
- Android
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smartphone Audio Decoder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A smartphone audio decoder is a software application that allows a phone to play back audio files stored on the device or over the internet.
Some of the major players in the smartphone audio decoder market are Analog Devices, Broadcom, Maxim Integrated, STMicroelectronics, Texas Instruments, Dialog Semiconductor, Cirrus Logic, Qualcomm, DSP Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smartphone Audio Decoder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smartphone Audio Decoder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smartphone Audio Decoder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smartphone Audio Decoder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smartphone Audio Decoder Market Size & Forecast, 2020-2028
4.5.1 Smartphone Audio Decoder Market Size and Y-o-Y Growth
4.5.2 Smartphone Audio Decoder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lossless Compression
5.2.2 Lossy Compression
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 IOS
6.2.2 Android
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smartphone Audio Decoder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smartphone Audio Decoder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lossless Compression
9.6.2 Lossy Compression
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 IOS
9.10.2 Android
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lossless Compression
10.6.2 Lossy Compression
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 IOS
10.10.2 Android
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lossless Compression
11.6.2 Lossy Compression
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 IOS
11.10.2 Android
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lossless Compression
12.6.2 Lossy Compression
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 IOS
12.10.2 Android
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lossless Compression
13.6.2 Lossy Compression
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 IOS
13.10.2 Android
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smartphone Audio Decoder Market: Competitive Dashboard
14.2 Global Smartphone Audio Decoder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Analog Devices
14.3.2 Broadcom
14.3.3 Maxim Integrated
14.3.4 STMicroelectronics
14.3.5 Texas Instruments
14.3.6 Dialog Semiconductor
14.3.7 Cirrus Logic
14.3.8 Qualcomm
14.3.9 DSP Group
