MARKET INTRODUCTION
The usage of digital audio system and digital audio IC has permitted high-quality and room-filling sound. Also it facilitated in designing MP3 docking stations, space constrained applications such as flat-screen TV. The digital audio IC and digital interface have its own benefits, inevitably expected to transform the traditional audio platform from analog to digital, conclusively expected to deliver growth of the global digital audio IC market during the forecast period. The increasing demand for speakers, smartphones, television, home entertainment, and other consumer electronics probable to contribute to the global digital audio IC market during the forecast period.
MARKET DYNAMICS
Several manufacturers are concentrating on the development of energy efficient, compact, and cost effective devices for domestic and commercial usage which is expected to boost the growth of the global digital audio IC market during forecast period. Rising trend of investment in self driven autonomous car, it is required to embed onboard computer with digital audio IC which is likely to spur growth of global digital audio IC market during forecast period. Another growth point may be the wearable device, the Apple and Google may stimulate the upstream audio IC manufacturer to integrate the audio technology. It may lead to mergers and acquisitions between the audio IC manufacturers. Such factors are likely to boost the digital audio IC market.
MARKET SCOPE
The "Global Digital Audio IC Market Analysis to 2028" is a specialized and in-depth study of Audio IC with a special focus on the global market trend analysis. The report aims to provide an overview of digital audio IC with detailed market segmentation by device type, and end use. The global digital audio IC market is expected to witness high growth during the forecast period. The report provides key statistics on the digital audio IC market and offers key trends and opportunities in digital audio IC market.
MARKET SEGMENTATION
The digital audio IC market is segmented on the basis of device type, and end use. On the basis of device type, market is segmented as digital audio amplifier, digital sound processor IC, others. On the basis of end use, market is segmented as automotive, computer and tablets, home entertainments, portables, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global digital audio IC market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global digital audio IC market by each region is later sub-segmented by respective countries and segments.
The report analyzes factors affecting digital audio IC market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological effecting the digital audio IC market in these regions.
MARKET PLAYERS
The reports cover key developments in the digital audio IC market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from digital audio market are anticipated to lucrative growth opportunities in the future with the rising demand for Audio IC in the global market. Below mentioned is the list of few companies engaged in the digital audio IC market.
The report also includes the profiles of digital audio IC market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AKM Semiconductor
- Atmel
- Cirrus Logic
- CML Microcircuits
- Dialog Semiconductor
- Digital Voice Systems Inc
- DSP Group Inc.
- Eletech Enterprise Co. Ltd.
- Holtek Semiconductor Inc.
- Micronas
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.