Global Audio Codec Market Projected to Surge to USD 9.93 Billion by 2028 [Yahoo! Finance]
Analog Devices, Inc. (ADI)
Last analog devices, inc. earnings: 2/19 08:00 am
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Source: Yahoo! Finance
of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The latest market analysis forecasts a promising growth trajectory for the Global Audio Codec Market, which is anticipated to expand from its estimated value of USD 7.01 billion in 2023 to USD 9.93 billion by 2028, achieving a Compound Annual Growth Rate (CAGR) of 7.21%. Market Dynamics and Growth Factors Several key factors are propelling the growth of the audio codec market globally. A noticeable increase in disposable incomes worldwide, coupled with a surge in the demand for mobile devices, including smartphones and tablets, has fueled the expansion. Additionally, significant technological advancements and innovation in audio codec products are set to create new opportunities within the market landscape. The adoption of audio codecs is crucial to enhancing the consumer listening experience across various devices, from Bluetooth speakers to smartphones, driving the market's forward mome
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News
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ADI
Earnings
- 2/21/24 - Beat
ADI
Sec Filings
- 4/5/24 - Form 4
- 4/4/24 - Form 144
- 4/3/24 - Form 8-K
- ADI's page on the SEC website