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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 Taylor Rapp Rams Jersey , 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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Audio Codec Market: Segmentation


Audio codec market can be segmented on the basis of component type, type of channel Cory Littleton Rams Jersey , compression type, application and regions.


On the basis of component type, audio codec market can be segmented into hardware and software.


On the basis of type of channel, audio codec market can be segmented into mono-codec Robert Woods Rams Jersey , stereo codec and multi-channel codec.


On the basis of compression type, audio codec market can be segmented into non-compression, lossless compression, lossy compression and others.


On the basis of ap