Report Id: SNS/SEMI/2228 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Digital Signal Processors Market Size was valued at USD 12.9 billion in 2021, and is expected to reach USD 28.6 billion by 2028, and grow at a CAGR of 12.1% over the forecast period 2022-2028.
Digital signal processors (DSPs) are specialized microprocessor chips that are designed to execute mathematical calculations like additions, subtractions, multiplications, and divisions at rapid speeds while consuming little energy. A digital signal processor (DSP) manipulates real-world signals such as speech, audio, video, pressure, and temperature so that the information they contain may be displayed, analyzed, or transformed into a usable signal. These microprocessors may be found in a variety of devices, including headphones, cellphones, and automotive entertainment systems.
DSP is used in computers to regulate security, communication facilities, home theatre systems, and video compressions because it offers improved control precision, signal processing algorithms, and convenient storage in magnetic media without signal quality loss. Because digital circuits can be made on chips at a low cost, this technology is not readily changed. DSPs are built for repeated and numerically complicated activities, have a strong data route, and can swiftly transport huge amounts of data to and from any memory. These characteristics indicate that the digital signal processor industry is expected to develop significantly in the future years.
DSP chip excessive use in the consumer electronics industry.
The automobile industry's growing demand for digital signal processors.
Rapid advancements in wireless network infrastructure, as well as the appearance of new devices and applications.
The loss of power during the operation of a digital signal processor.
Advanced technology, including the implementation of several DSP models.
The growing need for DSP chips in the consumer electronics sector.
This will be covered under the final version of the report.
IMPACT OF COVID-19:
The COVID19 epidemic has both positive and negative effects on the Global Digital Signal Processor Market. Because of the global lockdown, demand for DSPs fell dramatically, forcing many enterprises to close. As a result, the temporary halt in the process has disrupted market income flow, and commercial spaces have been unable to make the most of DSP services.
However, the onset of the epidemic has prompted healthcare suppliers to increase their R&D efforts in DSP technologies. According to the study report, several robots and drones have been more priority in this shutdown to transfer healthcare supplies to various places. According to the worldwide market analysis, Covid19 is a prominent market contributor for the DSP industry.
As a result, the government took incremental efforts to curb the pandemic epidemic and reopen commercial and government companies. As a result, the DSP market demand is expected to reach unprecedented heights.
Based on Design Architecture, the digital signal processors market is segmented into Embedded DSP and Standard DSP. The design architecture of a digital signal processor is picked based on its requirements and functionalities, which are also distinct factors.
Based on Application, the digital signal processors market is segmented into Speech Processing and Recognition, Digital Image Processing, Audio and Video Compression, Audio Signal Processing, Radar Applications and Others. These applications are all centered on the product's wide-scale use and benefits. With increasing applications, the market will progressively rise to ideal heights to match Digital Signal Processor Market projected statistics.
Based on Industry, the digital signal processors market is segmented into Military and Defense, Consumer Electronics, Healthcare, Telecommunication, Automotive and others. Because of the many segmental industries' needs globally, the global market has boosted Digital Signal Processor Market Demand.
The key players in the digital signal processor market are Broadcom Corporation, Analog Devices, Qualcomm, Toshiba Corp, Samsung Electronics, Xilinx, NXP Semiconductor, Altera Corporation, Renesas Electronics Corporation and Texas Instruments.
Programmable (FPGA & PLD) DSP IC
Application-Specific DSP IC
General-Purpose DSP IC
BY DESIGN ARCHITECTURE
Speech Processing and Recognition
Digital Image Processing
Audio and Video Compression
Audio Signal Processing
Military and Defense
The worldwide Digital Signal Processor Market has established a global network of connections, encompassing Europe, Asia Pacific, North America, and the rest of the globe. North America has led the Digital Signal Processor Market because it has more digital signal processor applications in areas such as healthcare, automotive, and consumer electronics. The global market has expanded its operations globally and has plans to cover all of the region's remote areas by incorporating more major participants in the global industry.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 12.9 Billion|
|Market Size by 2028||US$ 26.9 Billion|
|CAGR||CAGR of 12.1% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Programmable (FPGA & PLD) DSP IC, Application-Specific DSP IC, General-Purpose DSP IC)
• By Design Architecture (Embedded DSP, Standard DSP)
• By Application (Speech Processing And Recognition, Digital Image Processing, Audio And Video Compression, Audio Signal Processing, Radar Applications, Others)
• By Industry (Military And Defense, Consumer Electronics, Healthcare, Telecommunication, Automotive, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Broadcom Corporation, Analog Devices, Qualcomm, Toshiba Corp, Samsung Electronics, Xilinx, NXP Semiconductor, Altera Corporation, Renesas Electronics Corporation and Texas Instruments.|
|Key Drivers||• DSP chip excessive use in the consumer electronics industry.
• The automobile industry's growing demand for digital signal processors.
|Restraints||• The loss of power during the operation of a digital signal processor.|
Frequently Asked Questions (FAQ) :
The Digital Signal Processors Market size was valued at 12.9 billion in 2021 at a CAGR of 12.1%.
The market value is expected to reach USD 28.6 billion by 2028.
The market has been segmented with respect to type, design architecture, industry and application.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Digital Signal Processors Market Segmentation, by Type
8.2 Programmable (FPGA & PLD) DSP IC
Application-Specific DSP IC
General-Purpose DSP IC
9. Digital Signal Processors Market Segmentation, by Design Architecture
9.2 Embedded DSP
9.3 Standard DSP
10. Digital Signal Processors Market Segmentation, by Application
10.2 Speech Processing and Recognition
10.3 Digital Image Processing
10.4 Audio and Video Compression
10.5 Audio Signal Processing
10.6 Radar Applications
11. Digital Signal Processors Market Segmentation, by Industry
11.2 Military and Defense
11.3 Consumer Electronics
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13.1 Toshiba Corp.
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Broadcom Corporation
13.3 Analog Devices
13.5 Samsung Electronics
13.7 NXP Semiconductor
13.8 Altera Corporation
13.9 Renesas Electronics Corporation
13.10 Texas Instruments
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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