LATIN AMERICA AUDIO CODEC MARKET 2022-2028

LATIN AMERICA AUDIO CODEC MARKET 2022-2028

MARKET OUTLOOK

Triton’s research report signifies that the audio codec market in Latin America is envisioned to register progress at a CAGR of 9.50% during the forecast period 2022-2028. Mexico, Brazil, and Rest of Latin America outline the market in the region.

Several international companies like Samsung and Fraunhofer are investing and expanding operations in Brazil. This has resulted in higher adoption of audio codecs. For instance, the Brazilian Digital Television Forum adopted MPEG-H audio as an additional audio system. This enables broadcasters to deliver high resolution sound alongside existing AAC audio. Further, Fraunhofer IIS announced that NXP Semiconductors adopted its MPEG audio SDK. Therefore, these developments hold the potential to widen the audio codec market scope in Brazil.

Growing streaming events primarily drive Argentina’s audio codec market. The audio codecs are mainly employed to play music, live stream events, and more. It changes signal formats to support multiple devices, including home theater systems, recorders, and DVD players. Texas Instruments and Cirrus Logic have emerged as major vendors in the country’s market. Besides, the National Institute of Rosario has developed a transparent, user-friendly graphic interface that works efficiently with audio codecs. Thus, as stated above, these factors contribute immensely to the audio codec market’s growth.

COMPETITIVE OUTLOOK

The prominent enterprises in the audio codec market consist of Analog Devices Inc, Qualcomm Inc, Texas Instruments Inc, Barix AG, Dolby Laboratories Inc, STMicroelectronics, and Ittiam Systems Pvt Ltd.


1. LATIN AMERICA AUDIO CODEC MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON AUDIO CODEC MARKET
2.2. EVOLUTION & TRANSITION OF AUDIO CODEC
2.3. KEY INSIGHTS
2.3.1. SURGE IN MOBILE GAMING
2.3.2. EVOLUTION OF SOFTWARE AUDIO CODEC
2.3.3. GROWING USAGE OF SMARTPHONE DEVICES
2.4. PORTER’S FIVE FORCES ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTES
2.4.3. BARGAINING POWER OF BUYERS
2.4.4. BARGAINING POWER OF SUPPLIERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. KEY IMPACT ANALYSIS
2.5.1. APPLICATION
2.5.2. COST-EFFECTIVENESS
2.5.3. COMPATIBILITY
2.6. MARKET ATTRACTIVENESS INDEX
2.7. VENDOR SCORECARD
2.8. INDUSTRY COMPONENTS
2.9. KEY MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT DEVELOPMENTS
2.9.3. AGREEMENTS
2.9.4. BUSINESS EXPANSION
2.10. MARKET DRIVERS
2.10.1. GROWING ADOPTION OF WEARABLE DEVICES
2.10.2. RISE IN ENERGY-EFFICIENT DEVICES
2.10.3. ROBUST OPTIMIZATION TECHNIQUES IN THE ELECTRONICS INDUSTRY
2.11. MARKET CHALLENGES
2.11.1. PATENTED MARKET AND IP LICENSING RESTRICTIONS
2.11.2. AVAILABILITY OF OPEN-SOURCE AUDIO CODECS
2.12. MARKET OPPORTUNITIES
2.12.1. DEVELOPMENT OF HD MUSIC STREAMING
2.12.2. EXPANSION OF CINEMA AND OTT PLATFORM
3. LATIN AMERICA AUDIO CODEC MARKET OUTLOOK - BY COMPONENT
3.1. SOFTWARE AUDIO CODEC
3.2. HARDWARE AUDIO CODEC
4. LATIN AMERICA AUDIO CODEC MARKET OUTLOOK - BY APPLICATION
4.1. COMPUTER
4.2. PHONES
4.3. TABLETS
4.4. OVER-EAR HEADPHONES
4.5. TRUE WIRELESS STEREO
4.6. HOME ENTERTAINMENT
4.7. COMMERCIAL
4.8. AUTOMOTIVE
4.9. PORTABLE
4.10. SMART HOMES
4.11. WEARABLES
4.12. OTHER APPLICATIONS
5. LATIN AMERICA AUDIO CODEC MARKET – COUNTRY OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST OF LATIN AMERICA
6. COMPETITIVE LANDSCAPE
6.1. ANALOG DEVICES INC
6.2. CIRRUS LOGIC INC
6.3. QUALCOMM INC
6.4. DIALOG SEMICONDUCTOR PLC
6.5. DOLBY LABORATORIES INC
6.6. REALTEK SEMICONDUCTOR CORP
6.7. TEXAS INSTRUMENTS INC
6.8. FRAUNHOFER INSTITUTE OF INTEGRATED CIRCUITS
6.9. STMICROELECTRONICS
6.10. BARIX AG
6.11. ROHM CORPORATE LTD
6.12. ITTIAM SYSTEMS PVT LTD
6.13. SONY GROUP INC
6.14. SYNOPSYS TECHNOLOGY INC
6.15. SYNAPTICS INC
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
TABLE LIST
TABLE 1: LATIN AMERICA AUDIO CODEC MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 6: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
TABLE 7: REGION-WISE SMART WEARABLE BANDS SHIPMENT 2020 (IN $ MILLION)
TABLE 8: LATIN AMERICA AUDIO CODEC MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA AUDIO CODEC MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA AUDIO CODEC MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)
FIGURE LIST
FIGURE 1: PENETRATION RATE OF MOBILE GAMES, BY TYPE, 2020 (IN %)
FIGURE 2: WORLDWIDE SMARTPHONE USERS IN 2016-2025
FIGURE 3: KEY BUYING IMPACT ANALYSIS
FIGURE 4: MARKET ATTRACTIVENESS INDEX
FIGURE 5: INDUSTRY COMPONENTS
FIGURE 6: PENETRATION RATE OF OTT PLATFORMS, BY DEVICES TYPE, 2021 (IN %)
FIGURE 7: LATIN AMERICA AUDIO CODEC MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)
FIGURE 8: LATIN AMERICA AUDIO CODEC MARKET, BY SOFTWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA AUDIO CODEC MARKET, BY HARDWARE AUDIO CODEC, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA AUDIO CODEC MARKET, APPLICATION OUTLOOK, 2021 & 2028 (IN %)
FIGURE 11: LATIN AMERICA AUDIO CODEC MARKET, BY COMPUTER, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA AUDIO CODEC MARKET, BY PHONE, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA AUDIO CODEC MARKET, BY TABLETS, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA AUDIO CODEC MARKET, BY OVER-EAR HEADPHONES, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA AUDIO CODEC MARKET, BY TRUE WIRELESS STEREO, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA AUDIO CODEC MARKET, BY HOME ENTERTAINMENT, 2022-2028 (IN $ MILLION)
FIGURE 17: LATIN AMERICA AUDIO CODEC MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA AUDIO CODEC MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA AUDIO CODEC MARKET, BY PORTABLE, 2022-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA AUDIO CODEC MARKET, BY SMART HOME, 2022-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA AUDIO CODEC MARKET, BY WEARABLES, 2022-2028 (IN $ MILLION)
FIGURE 22: LATIN AMERICA AUDIO CODEC MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 23: LATIN AMERICA AUDIO CODEC MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: BRAZIL AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: MEXICO AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: REST OF LATIN AMERICA AUDIO CODEC MARKET 2022-2028 (IN $ MILLION)

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