A digital signal processor is a specialized microprocessor, designed for applications with a faster process time of real-time data. These processors are made for applications that require real-time data processing taking the signals from a source to amplify and improve them. The major factor driving the growth of digital signal processor market includes the high use of DSP chip in consumer electronics market, growing demand for digital signal processors in the automotive sector.
The global Digital Signal Processor Market Trends will grow at an 12?GR during the forecast period 2020- 2027
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The MRFR report throws light on an inclusive segmental analysis of the global DSP market based on industry, design architecture, type, components, and application.
By application, the global Digital Signal Processor Market Trends Analysis is segmented into medical, surveillance, communication, automotive, consumer electronics, nanotechnology, and others.
By components, the global digital signal processor market is segmented into ICs, input-output controller’s single and multi-core processors, system on chip (SOC), and others.
By type, the global digital signal processor market Analysis is segmented into general-purpose DSP, application-specific DSP, and programmable (FPGA & PLD) DSP.
By design architecture, the global digital signal processor market is segmented into DSP and embedded DSP. The embedded DSP is again bifurcated single-core DSP processor and multi-core DSP processor.
By region, the global Digital Signal Processor Market Trends covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America, and Rest of the World (RoW). Of these, North America will rule the market over the forecast period. Increased demand for faster and secure device storage, broader applications in healthcare, consumer electronics and automotive, rising adoption on chip equipment, the presence of established technology companies in Canada and the US, significant investment in development, production, and research of digital signal processors, and advances in electronics and semiconductor companies that have built low-cost hardware with advanced capabilities and features are adding to the global digital signal processors market growth in the region.
In Europe, the global digital signal processors market is predicted to have healthy growth over the forecast period. The presence of developed nations, rising surveillance market, and high demand for electronics products are adding to the global digital signal processors market growth in the region.
The leading players profiled in the global Digital Signal Processor Market Trends report include Texas Instruments Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea), Toshiba Corp. (Japan), Renesas Electronics Corp. (Japan), NXP Semiconductor (Netherlands), Qualcomm Inc. (U.S.), Broadcom Corp. (U.S.), Devices Inc. (U.S.), Altera Corp. (U.S.), and Xilinx Inc. (U.S.), among others.
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