Digital
signal processors or DSP are specialized microprocessor chips, which
are designed to perform various mathematical functions for instance additions,
subtractions, multiplications, and divisions at high speed with minimum energy
consumption. Digital signal processors are classified into general DSP and
special DSP. General DSP is designed & optimized for various applications
including digital filtering, convolution, correlation, and FFT. Additionally,
the special DSP has various features that are optimized for unique applications
including audio processing, echo cancellation, compression, and adaptive
filtering. DSP takes real-world signals including audio, video, voice, pressure,
and temperature and also manipulates them so that the information or data they
contain can be displayed, analyzed and converted in a type of signal of use.
These microprocessors are basically found in different devices like smart-phones,
headphones, and vehicle entertainment systems. DSP is generally used in
computers to control security, home theatre systems, in communication
facilities, and video compressions as it provides signal processing algorithms,
better control accuracy, and easy storage in magnetic media without the loss of
quality of signal.
As per analysis, “Global DSP Digital Signal Processor Market Status
(2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use”
the key companies operating in the global digital signal processor market
include Amptek Inc., Freescale, Wolfson Microelectronics, Texas Instruments,
Broadcom, Fujitsu, CML Microcircuits, FURUKAWA ELECTRIC, Conexant, Cirrus
Logic, Zilog, IC-Haus, NTT Electronics, Microsemi, ON Semiconductor, Tensilica,
NXP Semiconductors, Swindon Silicon Systems and among others. Leading players
are engaged in developing a variety of products variants to amplify their
market share as well as gain the traction in global marketplace. They are also estimated
to remain active in the mobile advertising market over the forecasting period.
By type,
digital signal
processor market is segmented as application specific DSP ICs, general
purpose DSP ICs and programmable DSP IC. In addition, by application, market is
segmented as consumer electronics sector, ICT sector, medical sector, computers
sector, medical sector and others. Leading companies have adopted different
strategies for instance product launches, collaborations, partnerships, mergers
& acquisitions, and joint ventures for maintaining their foothold in the
global digital signal processor market.
The digital signal
processor market is driven by rise in data traffic, followed by rapid
development in wireless infrastructure, growth in urbanization, surge in
Internet Protocol (IP) video surveillance and emergence of new applications
& devices. However, complexity in designing and programming complex
architecture of DSP and Lack of skilled workforce in the core electronics
sector may impact the market. Moreover, rise in demand for Voice over Internet
Protocol (VoIP) & IP video is a key opportunity for market.
Based on geography, the North-America is a leading region in global digital signal processor market
owing to increase in investment in research, production & development of
DSP, growth in technological advancements along with improvement in wireless
infrastructure across the region. The Asia-Pacific and Europe regions are
estimated to witness higher growth rate due to growth in demand for electronics
products over the forecast period. It is projected that future of the global digital
signal processor market will be bright as a result of increase in use of
technologies such as Internet Protocol (IP) cameras for video surveillance
during the forecast period.
For More Information, refer to
below link:-
Global
DSP Digital Signal Processor Market
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