Recently, I tried to update my windows (version 20H2) which was unsuccessful and I had this "No Audio output device is installed" with no sound on my laptop. I tried to update the windows again and it worked out fine.
Still, I have the same issue with my sound and running troubleshoot sound problems or reinstalling the audio driver doesn't work at all.
I have no hardware issue because I have no problem with ubuntu on the same system.
I searched a lot and all of them suggested uninstalling, reinstalling the audio driver which doesn't work.