Global Smartphone Audio Codecs Market to Grow at 3.65% During 2025-2033, Facilitated by Growing Popularity of Music Streaming Services

January 06, 2025 | Technology & Media

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As per the latest report by IMARC Group, titled “Smartphone Audio Codecs Market Report by Component (Hardware, Software), Converter Type (Analog to Digital Converter, Digital to Analog Converter), Application Type (IOS, Android), and Region 2025-2033,” the global smartphone audio codecs market reached a value of USD 7.1 Billion in 2024. A smartphone audio codec assists in the compression and decompression of a digital audio data stream. It can be both an electronic device that features analog-to-digital converter (ADC) and digital-to-analog converter (DAC) used in sound cards to support audio in and audio out functions, or computer-based software that compresses or decompresses digital audio data as per the media audio coding format. A smartphone audio codec minimizes the number of bits of an audio file while retaining its accuracy and quality. This helps to reduce the need for storage space and bandwidth for transmission.

Global Smartphone Audio Codecs Market Trends:

The market is currently experiencing moderate growth on account of the growing popularity of music streaming services across the globe. Apart from this, boosting sales of smartphones and the rising mobile data traffic represents another factor influencing the demand for smartphone audio codecs positively. Furthermore, the industry recently witnessed the launch of aptX technology that helps reduce the size of an audio file before transmission without affecting its overall sound quality. Moreover, with the increasing adoption of Bluetooth earphones and headphones, leading key players are investing in research and development (R&D) projects to offer innovative and advanced features in their products, such as noise cancellation, 3D sound processing, parametric equalizers and dynamic range control. Looking forward, the market value is projected to reach USD 9.9 Billion by 2033, expanding at a CAGR of 3.65% during (2025-2033).

Market Summary:

Based on the component, the market has been bifurcated into hardware (mono, stereo and multi-channel codecs) and software (non-, lossy and lossless compression).
On the basis of the converter type, the market has been bifurcated into ADC and DAC segments.
The market has been analyzed on the basis of the application type into iOS and Android.
Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being ams AG, Analog Devices, Inc., Broadcom Inc., Cirrus Logic Inc., CML Microcircuits (UK) Ltd., DescriptionDialog Semiconductor PLC, Integrated Device Technology, Inc., Maxim Integrated Products, Inc., NXP Semiconductors N.V., STMicroelectronics International N.V. and Texas Instruments Incorporated.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Component, Converter Type, Application Type, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	ams AG, Analog Devices, Inc., Broadcom Inc., Cirrus Logic Inc., CML Microcircuits (UK) Ltd., DescriptionDialog Semiconductor PLC, Integrated Device Technology, Inc., Maxim Integrated Products, Inc., NXP Semiconductors N.V., STMicroelectronics International N.V. and Texas Instruments Incorporated
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Smartphone Audio Codecs Market to Grow at 3.65% During 2025-2033, Facilitated by Growing Popularity of Music Streaming Services

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