Global Digital Signal Processors (DSP) Market 2021 with Landscape and Industry Analysis, Current and Future Growth By 2026 | Altera Corporation, Analog Devices, Ceva, Broadcom Corporation, Freescale Semiconductor

The Digital Signal Processors Market report provides a 360-degree survey of all sections responsible for the development of the Digital Signal Processors market. The Digital Signal Processors industry research explores the current fierce situation and the changing factors of the various factors that influence the development of the Digital Signal Processors market. Concentrate also includes data on the major companies in the Digital Signal Processors market. This coverage also included data on integrations, acquisitions, organizations, and collaborative efforts in the Industry.

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A Digital signal processor is a specialized microprocessor chip designed to perform mathematical functions (add, subtract, multiply, divide) at high speed with minimal energy consumption. The goal of a digital signal processor is usually to measure, filter, or compress continuous real-world analog signals. DSPs take real-world signals such as voice, video, audio, temperature, pressure, or position that have been digitized and then mathematically manipulate them. DSPs are often used in consumer products, such as mobile phones, medical and health care devices, radio, disk drives, fax/modems, MP3 players, printers, HDTV, and digital cameras. Thus, there is a rise in the demand for digital signal processors worldwide.

Companies Includes

Altera Corporation

Analog Devices

Ceva

Broadcom Corporation

Freescale Semiconductor

Infineon Technologies AG

LSI Corporation

Marvell Technology Group

MIPS Technologies

NXP Semiconductors

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Market Drivers:

Increasing integration of DSP chips in consumer electronics is expected to augment the growth of the global digital signal processors (DSP) market during the forecast period. For instance, in October 2019, Samsung launched Exynos 990, its premium mobile processor accompanied by one of the first 5G modem chips, Exynos 5123, which supports all network including sub-6Hz and mmWave 5G spectrum to 2G, 3G, 4G, and LTE. Hence, such factors are expected to drive growth of the global digital signal processors (DSP) market.

Moreover, rapid growth in data traffic, increasing use of technologies such as internet protocol (IP), technological advancements, and rising demand for VoIP & IP video is expected to propel the global digital signal processors (DSP) market growth over the forecast period.

Market Segment as follows:

Product Type Segmentation Includes

General Purpose DSP IC

Specific Purpose DSP IC

Programmable DSP IC

Application Segmentation Includes

Consumer Electronics

Automotive

Healthcare

Others

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Market Restraints:

High cost of raw materials, complexity in designing and programming complex architecture of DSP, and tradeoff between performance, power consumption, and price are some major factors expected to hamper the growth of the global digital signal processors (DSP) market.

Regional Insights:

Among regions, North America, Europe, and the Asia Pacific are expected to witness significant growth in the global digital signal processors (DSP) market due to increasing integration of DSP chips in consumer electronics technological advancements, increasing use of technologies such as internet protocol (IP), rising data traffic, and developments in wireless infrastructure. For instance, in September 2021, Synopsys launched 512-bit VPX5 digital signal processing cor ebased around its configurable ARC processor technology. The Synopsys ARC 128bit and 256bit VPX DSP reduce size and power for IoT, AI, automotive, and language processing.

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Competitive Section:

Major companies involved in the global digital signal processors (DSP) market are Qualcomm Incorporated, Altera Corporation, Toshiba Corporation, Samsung Electronics Co. Ltd, Nxp Semiconductors N.V, Mips Technologies Incorporated, Marvell Technology Group Ltd., Renesas Electronics Corporation, Infineon Technologies Ag, Ceva Incorporated, Broadcom Corporation, Lsi Corporation, Analog Devices Incorporated, Texas Instruments Incorporated, Xilinx Incorporated, Stmicroelectronics N.V., and Freescale Semiconductor Holdings I, Ltd., among others.

For instance, in June 2019, NXP and Microsoft collaborated to launch the new processor, which was aimed at enhancing the security for IoT applications.

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