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Digital Signal Processors Market

Digital Signal Processors Market Size, Share & Segment 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), By Regions And Global Forecast 2022-2028

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.

Digital Signal Processors Market Revenue Graph

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.

MARKET DYNAMICS:

KEY DRIVERS:

  • 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.

RESTRAINTS:

  • The loss of power during the operation of a digital signal processor.

OPPORTUNITIES:

  • Advanced technology, including the implementation of several DSP models.

  • The growing need for DSP chips in the consumer electronics sector.

CHALLENGES: 

  • 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.

COMPETITIVE LANDSCAPE:

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.

MARKET 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  

Digital Signal Processors Market Segment Pie Chart

REGIONAL ANALYSIS:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Digital Signal Processors Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1Introduction

8.2 Programmable (FPGA & PLD) DSP IC

Application-Specific DSP IC

General-Purpose DSP IC

 

9. Digital Signal Processors Market Segmentation, by Design Architecture

9.1Introduction

9.2 Embedded DSP

9.3 Standard DSP

 

10. Digital Signal Processors Market Segmentation, by Application

10.1 Introduction

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

10.7 Others

 

11. Digital Signal Processors Market Segmentation, by Industry

11.1 Introduction

11.2 Military and Defense

11.3 Consumer Electronics

11.4 Healthcare

11.5 Telecommunication

11.6 Automotive

11.7 others  

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13.Company Profiles

13.1 Toshiba Corp.

13.1.1 Financial

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

13.4 Qualcomm

13.5 Samsung Electronics

13.6 Xilinx

13.7 NXP Semiconductor

13.8 Altera Corporation

13.9 Renesas Electronics Corporation

13.10 Texas Instruments

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15.Conclusion

 

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

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Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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