London, 17 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Smartphone Audio Codecs Market 2014-2018.
About Audio Codecs
An audio codec converts analog audio signals into digital signals for transmission or storage. These devices give smartphone designers improved options for all audio-related tasks, reducing the burden of the system’s applications processor, lowering power consumption and subsequently improving battery life.
The latest report by TechNavio focuses on market conditions contributing to a CAGR of 40.40 percent from 2013-2018.
About the Report
The report highlights various features of this product like low cost and power consumption, which are expected to boost market growth during the forecast period. In addition, increased audio functions in smartphones and audio interfaces in codecs are expected to bring a positive change in the market.
“Previously, audio functions were limited to voice calls only, but nowadays these functions have been enhanced significantly. Stereo music, online videos, movies, and voice chat are some of the new abilities included in smartphones. As there is an increase in audio functions, there is also a shift in the structure and functionality of the audio codec and the other components supporting it,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Low Cost
- For a full detailed list, view our report.
Market Challenges:
- Integrating Audio IP
- For a full detailed list, view our report.
Market Trends:
- Increase in Adoption of Smartphones
- For a full detailed list, view our report.
Key Vendors:
- Cirrus Logic Inc.
- STMicroelectronics Co.
- Texas Instruments
- Wolfson Microelectronics plc
Other Prominent Vendors:
- AMS
- Analog Devices
- Broadcom
- CML Microcircuits
- Conexant
- Exstreamer
- Integrated Device Technology
- Maxim Integrated
https://www.technavio.com/%3Cp%3E%C2%A0%3C/p%3E%3Cp%3E%3Ca%20href%3D%22ht…
