Rockville Pike, MD -- (SBWIRE) -- 10/12/2018 -- Digital audio decoders are gaining popularity owing to their enhanced durability and high efficiency. Also, the digital audio decoders are available in an attractive and compact package, which can be installed at almost any location. They also support efficient current sharing and the potential difference fluctuations have almost negligible effect on their functioning. Such factors drive the Digital Audio Decoders market, globally. The advanced setup and audio processing features enable surround sound feature, and a secure connection to an amplified audio system ensuring an optimal experience. Currently, manufacturers offer additional RCA jacks in a digital audio decoder which provide more channels of analog audio for the purpose of front channel bi-amplification. Rise in demand for consumer electronic devices is estimated to offer huge opportunities during the forecast period, thus driving the global Digital Audio Decoders market. The trending features, such as integration of earphone jack and LCD, will propel the global digital audio decoder market to greater heights.

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Factors, such as current leakage and the consequential damage to the components of a digital audio decoder, challenge the growth of the global digital audio decoders market. 

Digital Audio Decoders Market: Segmentation

On the basis of output port type, the global digital audio decoders market can be segmented into the following:
Optical output port
Coaxial output port

On the basis of application, the global digital audio decoders market can be segmented as follows:
Residential
Industrial
Scientific

On the basis of type, the global digital audio decoders market can be segmented as follows:
Codec device
Codec software

Digital Audio Decoders Market: Regional Outlook

Among all the regions, North America holds the largest market share of the global Digital Audio Decoders market and is anticipated to maintain a balanced growth rate over the forecast period. The growth of Digital Audio Decoders market in North America is attributed to the ever-rising trend of adoption of consumer electronics, such as amplified audio speaker systems. The high presence of input signal amplification services and solution providers drive the digital audio decoders market in the region.

However, during the forecast period, digital audio decoder market in Western Europe and Asia Pacific, excluding Japan, are expected to register the high growth rate as compared to the markets in other regions.

Digital Audio Decoders Market: Key Players

Few of the major players operating in the global digital audio decoders market include, Flaunt Corps.; NXP Semiconductors; STMicroelectronics; Dolby Laboratories; Cirrus Logic; Gefen (a subsidiary of Nortek Security and Control); NOGA; AP LINK; Cablesetc; Orei; Kanex Pro and Neoteck,  among others.

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The Digital Audio Decoders Market Report covers exhaustive analysis on:

Digital Audio Decoders Market Segments

Digital Audio Decoders Market Segments
Historical Actual Market Size, 2013 - 2017
Digital Audio Decoders Market Size & Forecast, 2018 to 2028
Supply & Demand Value Chain
Digital Audio Decoders Market Current Trends/Issues/Challenges
Competition & Companies involved
Digital Audio Decoder Technology
Value Chain
Digital Audio Decoders Market Drivers and Restraints

Regional analysis for Digital Audio Decoders Market includes development of these systems in the following regions:

North America
US
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of Latin America

Europe
EU – 4 (Germany, France, Italy, Spain)
UK
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Republic,)
Rest of Europe

CIS & Russia
Japan
APEJ
Greater China
India
Korea
ASEAN Countries
Rest of APEJ

Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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