Even so, the market is intensely competitive.The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.According to this study, over the next five years the Audio IC and Audio Amplifiers market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 7680 million by 2024, from US$ 5610 million in 2019. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position.Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Therefore, it formed a high degree concentration, monopolized by semiconductor manufacturers' competitive landscape.At present, in the foreign industrial developed countries the Audio IC industry is generally at a more advanced level, the world’s large enterprises are mainly concentrated in the United States.
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It is widely used in the Portable Audio, Computer Audio, Computer Audio, Automotive Audio, etc.Audio IC are high-precision products, this industry need a long product development cycle, design requirements, capital investment, complex technology process, with a higher threshold.
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