Global Audio Codecs Market Report, 2022-2024 and 2030 - Efforts Focus on Developing Wireless Audio Codec Standard to Improve Fidelity
DUBLIN, Feb. 26, 2024 /PRNewswire/ -- The "Audio Codecs - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Feb. 26, 2024 /PRNewswire/ -- The "Audio Codecs - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
- The global audio codecs industry is on a steadfast growth trajectory, with current evaluations documenting a robust US$6 Billion in 2022 and projections estimating an impressive ascent to US$8.8 Billion by the year 2030.
- This growth reflects a compounded annual growth rate (CAGR) of 4.9% within the assessment period extending from 2022 to 2030.
- The United States, with its advanced technological infrastructure, boasts an audio codecs market valued at US$1.6 Billion in 2022.