Audio Codec Market Shares, Strategies and Forecast Worldwide, 2017 to Audio Codec Market Electronics | Página 4

Audio Codec Market
Audio codec is device or software that converts analog audio signals digital signals for transmission or
storage. Hardware component of audio codec are devices which feature both analog-to-digital converter
and digital-to-analog converter used in sound cards to support audio in and audio out functions. Software
component of audio codec are computer programs capable of compressing or decompressing digital
audio data according to media audio coding format.
Global audio codec market is expected to witness fastest growth due to the high adoption rate of
earphones, headphone, and wireless audio devices during the forecast period. Changing lifestyle of urban
population, increasing adoption of wireless headsets and other related devices is among the prominent
trend in global audio codec market.
Audio Codec Market: Drivers and Challenges
The rapidly growing demand for smartphones, tablet and other mobile devices is attributed to fuel the
growth of global audio codec market. The rise in population and increasing disposable income of the
population with mobile device being available at reasonable prices is encouraging the growth of global
audio codec market. Advancement in technology and increasing penetration of internet are few factors
that are positively impacting the growth of global audio codec market. However, continuous optimization
of component size of featured in audio codec devices is a challenge faced by the key vendors in the
market. With the technological innovation there is a gradual decrease in usage of optical media products
which is a factor that impacts negatively to the growth of global audio codec market.
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