Audio Codec Market is Projected to Reach USD 10 Billion by 2033
FactMR today released its latest report on the Audio Codec Market, projecting steady growth driven by the rising demand for high-quality audio, advancements in wireless technology, and the proliferation of consumer electronics. Valued at USD 6 billion in 2023, the global market is forecasted to expand at a compound annual growth rate (CAGR) of 5.2%, reaching USD 10 billion by 2033. This growth...