Digital Signal Processor ( DSP) Market Research Report – Forecast to 2027

Digital Signal Processor Market: Technology (NLP, Machine Learning, Automated Reasoning), Deployment (Cloud, On-Premise), Organization Size (SME, Large Enterprise), End-User (BFSI, Retail, Aerospace & Defense, IT & Telecom,) - Forecast till 2027

ID: MRFR/SEM/0721-HCR | February 2021 | Region: Global | 110 Pages         

TABLE OF CONTENTS


1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Bargaining power of Suppliers

4.1.5 Segment rivalry

4.2 Value Chain/Supply Chain of Global Digital Signal Processor Market

5 Overview of Global Digital Signal Processor Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Digital Signal Processor Market by Design Architecture

7.1 Introduction

7.2 Standard DSP

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Embedded DSP

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Digital Signal Processor Market by Type

8.1 Introduction

8.2 General Purpose DSP

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Application Specific DSP

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Digital Signal Processor Market by Application

9.1 Introduction

9.2 Audio Signal Processing

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Audio and Video Compression

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Speech Processing and Recognition

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Digital Image Processing

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

9.6 Radar Applications

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Region, 2020-2027

9.7 Others

9.7.1 Market Estimates & Forecast, 2020-2027

9.7.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Digital Signal Processor Market by Industry

10.1 Introduction

10.2 Consumer Electronics

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Automotive

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Healthcare

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Military and Defense

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Telecommunication

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

11. Global Digital Signal Processor Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.2.3 Market Estimates & Forecast by Type, 2020-2027

11.2.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.5 Market Estimates & Forecast by Application, 2020-2027

11.2.6 U.S.

11.2.6.1 Market Estimates & Forecast, 2020-2027

11.2.6.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.2.6.3 Market Estimates & Forecast by Type, 2020-2027

11.2.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.6.5 Market Estimates & Forecast by Application, 2020-2027

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast, 2020-2027

11.2.7.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.2.7.3 Market Estimates & Forecast by Type, 2020-2027

11.2.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.7.5 Market Estimates & Forecast by Application, 2020-2027

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast, 2020-2027

11.2.8.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.2.8.3 Market Estimates & Forecast by Type, 2020-2027

11.2.8.4 Market Estimates & Forecast by Industry, 2020-2027

11.2.8.5 Market Estimates & Forecast by Application, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.3.3 Market Estimates & Forecast by Type, 2020-2027

11.3.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.5 Market Estimates & Forecast by Application, 2020-2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, 2020-2027

11.3.6.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.3.6.3 Market Estimates & Forecast by Type, 2020-2027

11.3.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.6.5 Market Estimates & Forecast by Application, 2020-2027

11.3.7. France

11.3.7.1 Market Estimates & Forecast, 2020-2027

11.3.7.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.3.7.3 Market Estimates & Forecast by Type, 2020-2027

11.3.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.7.5 Market Estimates & Forecast by Application, 2020-2027

11.3.8 U.K

11.3.8.1 Market Estimates & Forecast, 2020-2027

11.3.8.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.3.8.3 Market Estimates & Forecast by Type, 2020-2027

11.3.8.4 Market Estimates & Forecast by Industry, 2020-2027

11.3.8.5 Market Estimates & Forecast by Application, 2020-2027

11.4 Asia Pacific

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.4.3 Market Estimates & Forecast by Type, 2020-2027

11.4.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.5 Market Estimates & Forecast by Application, 2020-2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast, 2020-2027

11.4.6.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.4.6.3 Market Estimates & Forecast by Type, 2020-2027

11.4.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.6.5 Market Estimates & Forecast by Application, 2020-2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast, 2020-2027

11.4.7.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.4.7.3 Market Estimates & Forecast by Type, 2020-2027

11.4.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.7.5 Market Estimates & Forecast by Application, 2020-2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, 2020-2027

11.4.8.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.4.8.3 Market Estimates & Forecast by Type, 2020-2027

11.4.8.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.8.5 Market Estimates & Forecast by Application, 2020-2027

11.4.9 Rest of Asia Pacific

11.4.9.1 Market Estimates & Forecast, 2020-2027

11.4.9.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.4.9.3 Market Estimates & Forecast by Type, 2020-2027

11.4.9.4 Market Estimates & Forecast by Industry, 2020-2027

11.4.9.5 Market Estimates & Forecast by Application, 2020-2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.5.3 Market Estimates & Forecast by Type, 2020-2027

11.5.4 Market Estimates & Forecast by Industry, 2020-2027

11.5.5 Market Estimates & Forecast by Application, 2020-2027

11.5.6 The Middle East & Africa

11.5.6.1 Market Estimates & Forecast, 2020-2027

11.5.6.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.5.6.3 Market Estimates & Forecast by Type, 2020-2027

11.5.6.4 Market Estimates & Forecast by Industry, 2020-2027

11.5.6.5 Market Estimates & Forecast by Application, 2020-2027

11.5.7 Latin Countries

11.5.7.1 Market Estimates & Forecast, 2020-2027

11.5.7.2 Market Estimates & Forecast by Design Architecture, 2020-2027

11.5.7.3 Market Estimates & Forecast by Type, 2020-2027

11.5.7.4 Market Estimates & Forecast by Industry, 2020-2027

11.5.7.5 Market Estimates & Forecast by Application, 2020-2027

12. Company Profiles

12.1 Analog Devices Inc. (U.S.)

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Altera Corporation (U.S.)

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Broadcom Corporation, (U.S.)

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 NXP Semiconductor (Netherlands)

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Qualcomm Inc. (U.S.)

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Renesas Electronics Corporation (Japan)

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Samsung Electronics Co. Ltd. (South Korea)

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Toshiba Corp. (Japan)

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Texas Instruments Inc. (U.S.)

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Xilinx Inc. (U.S.)

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13 Conclusion

LIST OF TABLES

Table1 World Population by Major Regions (2020 To 2030)

Table2 Global Digital Signal Processor Market: By Region, 2020-2027

Table3 North America Digital Signal Processor Market: By Country, 2020-2027

Table4 Europe Digital Signal Processor Market: By Country, 2020-2027

Table5 Asia Pacific Digital Signal Processor Market: By Country, 2020-2027

Table6 The Middle East & Africa Digital Signal Processor Market: By Country, 2020-2027

Table7 Latin America Digital Signal Processor Market: By Country, 2020-2027

Table8 Global Digital Signal Processor by Design Architecture Market: By Regions, 2020-2027

Table9 North America Digital Signal Processor by Design Architecture Market: By Country, 2020-2027

Table10 Europe Digital Signal Processor by Design Architecture Market: By Country, 2020-2027

Table11 Asia Pacific Digital Signal Processor by Design Architecture Market: By Country, 2020-2027

Table12 The Middle East & Africa Digital Signal Processor by Design Architecture Market: By Country, 2020-2027

Table13 Latin America Digital Signal Processor by Design Architecture Market: By Country, 2020-2027

Table14 Global Design Architecture Market: By Region, 2020-2027

Table15 North America Digital Signal Processor Market, By Country

Table16 North America Digital Signal Processor Market, By Design Architecture

Table17 North America Digital Signal Processor Market, By Type

Table18 Europe: Digital Signal Processor Market, By Type

Table19 Europe: Digital Signal Processor Market, By Design Architecture

Table20 Asia Pacific: Digital Signal Processor Market, By Country

Table21 Asia Pacific: Digital Signal Processor Market, By Design Architecture

Table22 Asia Pacific: Digital Signal Processor Market, By Type

Table23 The Middle East & Africa: Digital Signal Processor Market, By Country

Table24 The Middle East & Africa Digital Signal Processor Market, By Design Architecture

Table25 The Middle East & Africa Digital Signal Processor Market, By Type

Table26 Latin America: Digital Signal Processor Market, By Country

Table27 Latin America Digital Signal Processor Market, By Design Architecture

Table28 Latin America Digital Signal Processor Market, By Type

LIST OF FIGURES

FIGURE 1 Global Digital Signal Processor market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Digital Signal Processor Market

FIGURE 4 Value Chain of Global Digital Signal Processor Market

FIGURE 6 Global Digital Signal Processor Market, 2020-2027,

FIGURE 8 Global Digital Signal Processor Market size by Design Architecture, 2020

FIGURE 10 Global Digital Signal Processor Market size by Type, 2020

Digital Signal Processors (DSP) Market Speak to Analyst Request a Free Sample

Digital Signal Processor Market Overview


The Global Digital Signal Processor Market size is expected to reach $16 billion by 2023, growing at a CAGR of 12% during the forecast period.

The Digital Signal Processor Market is specialized to provide microprocessor or microchip, including a specially designed architecture customized for the signal processing requirements in various sectors. A DSP microprocessor conducts heavy mathematical computation by scientific manipulation and analyzes the information; it executes functions like subtraction, addition, multiplication, and division. Engineers craft the digital signal processors with higher efficiency and with operating in isolation.


Nowadays, wireless infrastructures are developing extensively, and new advancements in technologies are growing, enhancing the DSP market's growth. The telecom industry's demand is increasing as DSP offers excellent deals to high-performance communication systems with efficiency to cost. Various sectors like ICT and consumer electronics have witnessed continuous growth during the forecast period. Moreover, the industries such as communication, military, aerospace, etc., have wide use of digital signal processors.


The report has focused on the detailed analysis of the global DSP market connections and the various segments and sub-segments concerning various regional areas. Moreover, the DSP report has highlighted a country's market analysis concerning the current Digital Signal Processor Market Size and future prospective global market. The report has also explained the factors affecting the DSP market growth by analyzing the global market's production cost and supply chain.  Further, the Digital Signal Processor Market report has briefly analyzed the key player's core competencies and illustrating a competitive analysis for the global digital signal processor market.


COVID-19 Impact Analysis


The Global Digital Signal Processor Market did experience both positive and negative impacts due to the COVID19 outbreak. Due to lockdown all over the world, the DSP market's demand sharply decreased, due to which many businesses faced shutdown. Therefore, the temporary halt in the process has disrupted the market revenue flow, and the commercial spaces were unable to utilize the most out of DSP services.


However, the epidemic outbreak has brought revolutions in healthcare vendors to improve their research and development investments in DSP products. The research report says that many robots and drones have become more prioritized in this lockdown to transport healthcare supplies to different areas. In one way, the global market report has explained that Covid19 is a key market contributor for the DSP market.


As a result, the government took progressive steps to contain the pandemic outbreak to resume private and government businesses' operations. Therefore, the DSP market demand is expecting to grow to impeccable heights.


Market Dynamics



  • Major Market Drivers


Nowadays, the excessive use of DSP chips in the consumer electronics market is expected to be one of the DSP market's driving factors. The increasing demand for digital signal processors in the automotive industry is boosting the Digital Signal Processor Market Growth. Further, the rapid developments in wireless network infrastructure and the emergence of new devices and applications is another factor, which supports the DSP market growth.


Digital Signal Processor Market Trends is meant to offer diverse applications to different commercial firms. Therefore, the market is growing, and opportunities are being evolved for better work efficiency.



  • Growth Opportunities for the Global Market


Nowadays, service providers are considering advanced technologies with the implementation of many models of Digital Signal Processor. The increasing demand for DSP chips' employment in the customer electronics section immensely offers enormous opportunities to the DSP solution providers. The need for technically sophisticated digital signal processing is increasing daily and has access to various applications to strengthen the DSP market in the forecast period. Further, the increasing sales of consumer electronics, set-top boxes, digital cameras, and printers have raised digital signal processing.


The Digital Signal Processor Market Report has explained the global market has expectations to provide more market growth for the forecast period. The key players have more opportunities to explore the whole digital industry. The increasing digital sector in all regions has great offering opportunities for the DSP manufacturers.



  • Restraints of the Digital Signal Processor Market


One of the major factors is the loss of power during the digital signal processor's operation, which might be a market restraint for the Digital Signal Processor Market. The Digital Signal Processor is being designed with advanced technology to develop its sales. This restraint is currently growing, but the experts are implementing strategies and techniques to reduce this in the future.


The report has explained that the key drivers are working hard to meet the forecast period's market size.



  • Challenges Experienced by the Digital Signal Processor Market


The global Digital Signal Processor Market also faced challenges like loss of power during the digital signal processor's operation. These challenges need to be eradicated to ensure higher productivity in terms of sales and revenue.


The key players are enhancing the efficiency of Digital Signal Processor within the market to improve sales and opportunities. The loss of power during operation problems is often recorded by the end-users, which will be attended by the key players in the present forecast years. Overall, the Digital Signal Processors Market is coping with its challenges by giving all its effort to develop technology infrastructure.



  • Cumulative Growth Analysis


The global Digital Signal Processor Market Industry’s market growth is registered at a CAGR of 8.2%, which is truly commendable. It considers that the current forecast years' market revenue prediction is massively higher than the previous record.


Moreover, the key players of various regions are putting in their collective effort and strength to ensure that the Digital Signal Processor Market thrives across different areas in terms of growing demands and sales.



  • Value Chain analysis


The growth of the global Digital Signal Processor Market depends on the market value and market size. The proper understanding of the market value chain can lead the DSP services in the global market competition. The market's value chain has grown to various networks of major players in different segments.


The Digital Signal Processor Market Analysis explains that many key drivers are involved in developing products and sales worldwide. Moreover, the key drivers have taken up new strategies and planning to increase the global DSP market value and size.


Market Segment Overview


  • By Design Architecture


According to the segmental design architecture, the global Digital Signal Processor Market Outlook is segmented into two design architecture as standard DSP and embedded DSP. Further, embedded DSP design architecture is segmented into multi-core DSP processors and single-core DSP processors.


Digital Signal Processor’s design architecture is preferred based upon its requirement and functions, which are also a differentiating factor.



  • By Application


The global Digital Signal Processor Market is classified into different applications such as speech processing and recognition, digital image processing, audio signal processing, audio, and video compression, radar applications, and others based on the application segmentation.


These applications are collectively focused on the wide-scale utilization and advantages of the product. With more applications, the market will gradually grow to impeccable heights to meet forecasted data of Digital Signal Processor Market.



  • By Type


Based on type segmentation, the Digital Signal Processor market is sub-segmented into three types: programmable (FPGA & PLD) DSP, general-purpose DSP, and application-specific DSP.


The report explains that the key drivers have driven more focus on these three types to increase their sales and production.



  • By Industry


According to the segmental industry, the Digital Signal Processor Market is segmented into various industries such as military and defense, telecommunication, consumer electronics, automotive, healthcare, and others.


The global market has increased Digital Signal Processor Market Demand because of the different segmental industries' demands worldwide.


Regional Analysis


The global Digital Signal Processor Market has developed its connection network globally, including Europe, Asia Pacific, North America, and the rest of the world. Among all these, North America has dominated the Digital Signal Processor Market as it has more applications of digital signal processors in the sectors like healthcare, automotive, and consumer electronics.


The global market has developed its businesses worldwide and has a plan to reach all the region's remote parts by involving more key players in the global market.


Competitive Landscape


The DSP Market has top key players who have made efforts to grow the Digital Signal Processor Market. These major key players are:



  • Broadcom Corporation, (U.S.)

  • NXP Semiconductor (Netherlands)

  • Analog Devices Inc. (U.S.)

  • Altera Corporation (U.S.)

  • Qualcomm Inc. (U.S.)

  • Renesas Electronics Corporation (Japan)

  • Toshiba Corp. (Japan)

  • Texas Instruments Inc. (U.S.)

  • Samsung Electronics Co. Ltd. (South Korea)

  • Xilinx Inc. (U.S.)


The report explains that the global DSP market has more competitors in the marketing field. Therefore, these companies have adopted many strategies to spread their business all across the world.


Recent Developments


Texas Instruments (U.S) has invested more in developing a 4K DLP chip, which is designed for businesses, home theatre, and education projection display applications.


In Feb 2018, Renesas Electronics Corporation (Japan) had developed a two-port SRAM system-on-chip to provide video processing solutions for the autonomous vehicle vendors.


Report Overview


The detailed study of the Digital Signal Processor Market has covered all the following points:


Market Overview



  • Covid 19 Impact Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation Overview

  • Regional Analysis

  • Competitive Landscape Analysis

  • Recent Developments


The report overview has highlighted the overall development and opportunities for the DSP market. The DSP market's global growth is based on the segmentation of the market, regional analysis, COVID-19 analysis, and other factors to generate the market value.


Segmentation Table:


By Design Architecture



  • Standard DSP

  • Embedded DSP


By Application



  • Speech Processing and Recognition

  • Digital Image Processing

  • Audio Signal Processing

  • Audio and Video Compression

  • Radar Applications

  • Others


By Type



  • Programmable (FPGA & PLD) DSP

  • General-Purpose DSP

  • Application-Specific DSP


By Industry



  • Military And Defense

  • Telecommunication

  • Consumer Electronics

  • Automotive

  • Healthcare

  • others


By Region




  • Europe




  • The Asia Pacific




  • North America




  • Rest of the world





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Frequently Asked Questions (FAQ) :

Global digital signal processor market valuation is predicted to be USD 16 billion by 2023.

Global digital signal processor market is expected to grow at 12% CAGR from 2017 to 2023.

North America will lead in the global digital signal processor market owing to emphasis on high performance and expansion in military and aerospace applications.

Asia Pacific has assumed the second position in the global digital signal processor market.

Analog Devices Inc., Samsung Electronics Co. Ltd., Renesas Electronics Corporation, Altera Corporation, Qualcomm Inc., Toshiba Corp., Broadcom Corporation, Xilinx Inc., Texas Instruments Inc., and NXP Semiconductor are key players of the global digital signal processor market.