Audio Codec Market: Meeting the Demand for Low-Power Solutions
The global audio codec market was valued at USD 7,024.6 million in 2024 and is projected to reach USD 12,233.6 million by 2033, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2033. The introduction of AI-controlled audio codecs is transforming the market by leveraging machine learning to enhance compression and maintain audio fidelity. AI audio codecs improve...
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