Press Release

AI Audio and Video SoC Market Expands with Consumer Electronics Segment at a robust CAGR of 49.38%

The increasing global AI Audio and Video SoC market is driven by growing demand for AI-enabled consumer electronics, proliferation of IoT devices and edge AI during the forecast period 2025-2029.

 

According to TechSci Research report, “AI Audio and Video SoC Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029, The Global AI Audio and Video System on Chip (SoC) market is undergoing a transformative evolution, driven by the seamless integration of artificial intelligence (AI) into audio and video processing. AI SoCs are at the forefront of a technology revolution, significantly enhancing user experiences and making audiovisual content smarter, more immersive, and increasingly interactive.

A major driving force behind the expansion of the Global AI Audio and Video SoC Market is the escalating demand for smart and interconnected devices spanning various sectors and use cases. With the rapid advancement of artificial intelligence (AI) and machine learning technologies, there arises an urgent requirement for Audio and Video System-on-Chip (SoC) solutions capable of swiftly processing and interpreting large volumes of audio and visual data in real-time. This demand is particularly pronounced in industries such as consumer electronics, automotive, healthcare, surveillance, and smart home applications, where AI-driven functionalities are becoming indispensable for delivering enriched user experiences, heightened safety, and enhanced operational efficiency. AI Audio and Video SoCs empower devices to execute tasks such as voice recognition, natural language processing, image analysis, object detection, and gesture recognition, facilitating more intuitive and engaging user interfaces, personalized content recommendations, and context-aware automation. Furthermore, the integration of AI capabilities into SoCs enables devices to adapt and learn from user behavior, fostering continual enhancements in performance, accuracy, and responsiveness over time. However, alongside this driving trend, the Global AI Audio and Video SoC Market encounters various challenges that could impede its growth trajectory. Notably, the intricacy and computational demands associated with AI algorithms and neural network models present significant hurdles, necessitating specialized hardware architectures and proficient software optimization to ensure optimal performance on embedded SoC platforms.

Developing AI Audio and Video SoCs that deliver superior performance while upholding power efficiency, thermal management, and cost-effectiveness pose formidable technical challenges for semiconductor manufacturers. Additionally, ensuring seamless compatibility, interoperability, and scalability of AI SoC solutions across diverse device ecosystems and software platforms adds layers of complexity to the development and integration processes, requiring tight collaboration among semiconductor companies, device manufacturers, and software developers. Moreover, addressing concerns regarding privacy, security, and ethical considerations linked to the gathering, processing, and storage of audio and video data poses regulatory and compliance challenges for AI Audio and Video SoC providers. Establishing transparent data handling practices, robust encryption methods, and user consent mechanisms are imperative to instill trust and confidence among consumers and enterprises utilizing AI-driven devices. Furthermore, the scarcity of skilled talent in AI engineering and system design presents a challenge for companies aiming to innovate and differentiate their AI SoC offerings in the fiercely competitive market landscape. Investing in talent development initiatives, training programs, and strategic partnerships with academic institutions and research organizations is pivotal to bridging the skills gap and propelling innovation in the Global AI Audio and Video SoC Market. Through addressing these challenges and capitalizing on the opportunities arising from the escalating demand for intelligent and interconnected devices, the Global AI Audio and Video SoC Market can sustain its growth momentum and drive advancements across industries and applications.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global AI Audio and Video SoC Market"

 

The global AI Audio and Video SoC market is segmented into product, application area, and region. Based on product, the market is segmented into AI Audio SoC, AI Video SoC, AI Audio Video Integrated SoC. Based on application area, the market is segmented into automotive, industrial, smart home, consumer electronics, others. Based on region, the market is further bifurcated into North America, Asia-Pacific, Europe, South America, Middle East & Africa.

Based on application area, consumer electronics dominated in the global AI Audio and Video SoC market in 2023. Consumer electronics, including smartphones, smart speakers, and smart TVs, have witnessed a widespread integration of AI Audio and Video SoCs. These chips play a pivotal role in enhancing user experiences, offering voice recognition, image processing, and content recommendations. The ubiquity of consumer electronics in daily life makes this segment a major driver of AI SoC market demand. The smart home industry is flourishing, with an increasing number of AI-enabled devices, such as voice-controlled assistants, security cameras, and home automation systems. AI Audio and Video SoCs are at the heart of this ecosystem, powering the intelligent features that make homes more convenient, secure, and energy-efficient. The rise of voice-activated devices and virtual voice assistants has been a defining trend in consumer electronics. Devices like Amazon Echo and Google Home rely on AI Audio SoCs to understand voice commands and provide responses, revolutionizing the way consumers interact with technology in their homes. Consumer demand for high-quality audio and video experiences is met through AI Audio and Video SoCs. These chips enable features like upscaling, noise reduction, and content optimization, ensuring that users enjoy superior audiovisual quality when streaming content, gaming, or using video conferencing services.

 

Key market players in the global AI Audio and Video SoC market are: -

  • MediaTek Inc.
  • Qualcomm Technologies, Inc.
  • Nvidia Corporation
  • Intel Corporation
  • Ambarella International LP.
  • Texas Instruments Incorporated
  • NXP Semiconductors N.V.
  • STMicroelectronics International N.V.
  • HiSilicon (Shanghai) Technologies Co., Ltd. 
  • Rockchip Electronics Co., Ltd.

 

Download Free Sample Report

Customers can also request for 10% free customization on this report.

 

Asia Pacific is fastest growing market in the Global AI Audio and Video SoC Market due to several key factors. The region is home to some of the world's largest consumer electronics manufacturers, particularly in countries like China, South Korea, and Japan. These manufacturers are increasingly integrating AI Audio and Video SoCs into their products to meet the rising demand for smart and connected devices in the region. The expanding middle-class population in Asia Pacific countries has led to a surge in consumer spending on electronic gadgets, including smartphones, smart speakers, and smart TVs, all of which utilize AI Audio and Video SoCs to enhance functionality and user experience. The rapid urbanization and digitization occurring across many Asia Pacific countries have created opportunities for the adoption of AI-driven technologies in various sectors, including entertainment, education, healthcare, and retail. This has further boosted the demand for AI Audio and Video SoCs in the region. Favorable government policies and initiatives aimed at promoting innovation and digitalization have encouraged investment in AI technology research and development in Asia Pacific. This has facilitated the growth of local AI chip manufacturers and contributed to the expansion of the AI Audio and Video SoC market in the region.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“AI Audio and Video SoC Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (AI Audio SoC, AI Video SoC, AI Audio Video Integrated SoC), By Application Area (Automotive, Industrial, Smart Home, Consumer Electronics, Others), By Region, and By Competition, 2019-2029F,” has evaluated the future growth potential of Global AI Audio and Video SoC Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global AI Audio and Video SoC Market.

 

Contact

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com

Relevant Reports

AI Audio and Video SoC Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (AI Audio SoC, AI Video SoC, AI Audio Video Integrated SoC), By Application Area (Automotive, Industrial, Smart Home, Consumer Electronics, Others), By Region, and By Competition, 2019-2029F

ICT | Apr, 2024

The increasing global AI Audio and Video SoC market is driven by growing demand for AI-enabled consumer electronics, proliferation of IoT devices and edge AI during the forecast period 2025-2029.

Relevant News