The Global Audio IC Market size is projected to reach USD 52 billion by the end of the forecast period, at a CAGR of 7.30%.

Audio ICs Market Overview:

This growth will be driven by demand for high quality audio and video content via smartphones, computers, televisions and other devices such as game consoles. Audio processors are expected to hold the largest share in the growing audio IC market over the forecast period due to their role in improving sound quality with advanced features such as noise reduction and echo cancellation.

An audio integrated circuit (audio IC) is a microchip that integrates all the electronic components needed to produce sound into a single, small package. It can be found on devices such as smartphones, computers, and cars. Audio ICs are classified according to function type (audio processor, audio amplifier, and MEMS microphone). They are also classified according to the application for which they are designed, such as smartphones, computers, and automotive applications.

Audio ICs market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Audio ICs market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Developments::

• In 2022, Analog Devices, Inc. announced a collaboration with Synopsys to provide model libraries for DC/DC ICs and micromodule regulators.
• In 2022, Analog Devices, Inc has launched a new portfolio of next-generation 16 to 24-bit, ultra-high-precision successive approximation register (SAR) analog-to-digital converters (ADCs). Use ADCs for instrumentation, industrial, and medical applications.
• In 2022, NXP Semiconductors announced the IW612, the industry's first secure tri-radio device supporting Wi-Fi 6, Bluetooth 5.2 and 802.15.4 protocols.

Major Segments Covered in Audio ICs Market Research:

Market Key Players:
Cirrus Logic, Qualcomm, Yamaha, Realtek, TI, ADI, On Semi, Maxim, NXP, Dialog, AKM, ESS Technology, Conexant, Fortemedia, ROHM, Knowles, AAC, InvenSense, Goertek, STM, BSE, Hosiden, Bosch, NeoMEMS, MEMSensing, TDK-EPC, And Others.

By Type:

• Audio Processor
• Audio Amplifiers
• MEMS Microphone
• Other

By Application:

• Smartphones
• Computer
• Automotive
• Other

By Region:

Asia Pacific is expected to develop at the highest growth rate during the forecast period. This is attributable to the growing adoption of consumer electronics, increasing disposable income of consumers in developing countries in the region, and widespread technological advances. In the Asia-Pacific region, China and India remain important players in the global audio IC market as their consumer electronics manufacturing capacity surges.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Increased adoption of consumer electronic devices and development of new energy efficient audio devices with enhanced user experience drive the growth of the audio IC market. In addition, increasing adoption of wireless and smart infrastructure and surge in demand for Hi-Fi audio in commercial events fuel the market growth. However, the growing demand for audio system-on-chip (SoC) and technical deficiencies and issues related to integrating audio devices are major restraints for the global audio IC industry. Additionally, increasing demand for on-board media entertainment systems and development of VR technology are expected to create opportunities for the audio IC market.

Audio ICs Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 7.30% from 2022 to 2030.
By Type	Audio Processor, Audio Amplifiers, MEMS Microphone,
By Application	Smartphones, Computer, Automotive
By Companies	Cirrus Logic, Qualcomm, Yamaha, Realtek, TI, ADI, On Semi, Maxim, NXP, Dialog, AKM, ESS Technology, Conexant, Fortemedia, ROHM, Knowles, AAC, InvenSense, Goertek, STM, BSE, Hosiden, Bosch, NeoMEMS, MEMSensing, TDK-EPC
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Important Points from this Audio ICs Market Report

• Estimate Audio ICs market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Audio ICs market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Audio ICs market?

The Audio ICs Market is growing at a CAGR of 7.30% During Forecast Period.

 What are the key types of Audio ICs market?

Audio Processor, Audio Amplifiers, MEMS Microphone,

What are the key applications of Audio ICs market?

Smartphones, Computer, Automotive                                       

Who are the key players in Audio ICs market?

Cirrus Logic, Qualcomm, Yamaha, Realtek, TI, ADI, On Semi, Maxim, NXP, Dialog, AKM, ESS Technology, Conexant, Fortemedia, ROHM, Knowles, AAC, InvenSense, Goertek, STM, BSE, Hosiden, Bosch, NeoMEMS, MEMSensing, TDK-EPC, And others.