According to the latest research report titled “Audio IC and Audio Amplifiers Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to grow from US$ 13,424.55 million in 2021 to US$ 22,525.70 million by 2028; it is estimated to grow at a CAGR of 7.7% from 2021 to 2028. The growing preference for a connected world and need of miniaturization are propelling advancements in the audio IC and audio amplifiers market. An amplifier serves the purpose of increasing vibrations to the maximum extent of signals without affecting the frequency or any wavelength, further improving the efficiency of the audio system. Additionally, stringent government regulations related to the protection of environment and rising adoption of energy-efficient technologies would support the miniaturization of electronic gadgets, among other new trends. The final report will add the analysis of the Impact of Covid-19 in this report Audio IC and Audio Amplifiers Market Some of the companies competing in the Audio IC and Audio Amplifiers Market are IC Audio GmbH,ICEpower A/S,Infineon Technologies AG,Maxim Integrated,NXP Semiconductors N.V.,Renesas Electronics Corporation,Semiconductor Components Industries, LLC,STMicroelectronics,Texas Instruments Incorporated,Toshiba Corporation Get a Sample Copy of the Report@ https://www.theinsightpartners.com/sample/TIPRE00024440/ Cirrus Logic Inc., STMicroelectronics N.V., NXP Semiconductor, Texas Instruments, and Maxim Integrated - Prominent Market Participants in Audio IC and Audio Amplifier Market
The increasing adoption of consumer electronics and growing popularity of AI-based smart speaker are boosting the demand of audio IC and audio amplifier market. The adoption of consumer electronics and smart appliances is increasing with the development of new energyefficient audio devices for both commercial and domestic use. Also rise in preference for smart homes with luxurious entertainment systems, escalating demand for smart speakers with display features, and high inclination toward multifunctional devices, all coupled with rising per capita income of populations globally, and are among the key factors driving the sales of AI-based smart speakers, which is fueling the audio IC and audio amplifier market growth. Thus, growing popularity of home audio systems to stream music using smartphones, smart speakers, and headphones, among other portable devices, drives the demand for compact and energy-efficient audio ICs, thereby fueling the audio IC and audio amplifier market growth. What questions does the AUDIO IC AND AUDIO AMPLIFIERS Market report answer about the regional reach of the industry The report claims to split the regional scope of the AUDIO IC AND AUDIO AMPLIFIERS Market into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these regions has been touted to amass the largest market share over the anticipated duration •
How do the sales figures look at present How does the sales scenario look for the future