DUBLIN--(BUSINESS WIRE)--The "Digital Signal Processors Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The digital signal processors market is estimated to grow at a CAGR of 7.73% during the forecast period to reach a market size of US$15.287 billion by 2023 from a market size of US$9.779 billion in 2017.
A digital signal processor is a specialized microprocessor which processes the digital data by mathematical manipulation (performing functions like addition, subtraction, multiplication, and division) to analyze the information contained in them. The parameters which can be manipulated range from temperature, pressure to voice and audio. Digital signal processor process data in real time, have high data throughput, ensures repeatable, desired and accurate performance and is reprogrammable by software. It is increasingly being used across industry verticals such as communication, military, and aerospace and has various consumer and industrial applications.
It can also be utilized for audio signal processing, speech processing, seismology, and radar applications among others. Increased usage of digital signal processing in consumer electronics and growth of these processors in wireless infrastructure sector are some of the factors driving the market growth.
However, few limitations such as high consumption of power, reduced frequency range for operations, and need for analog to digital and digital to analog converters for these processors act as an impediment to the market growth. Europe, APAC regions will drive the digital signal processing market over the forecasted period.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the digital signal processors market.
Major industry players profiled as part of the report are NXP Semiconductors, Texas Instruments Incorporated, Samsung, Fujitsu, Intel Corporationn and Analog Devices, Inc. among others.
By Number of Cores:
- DSP Multiprocessors on a die
- 32-bit Floating Point
- 16-bit Fixed Point
By End-User Industry:
- Consumer Electronics
- Aerospace and Defense
- NXP Semiconductors
- Texas Instruments Incorporated
- Intel Corporation
- Analog Devices, Inc.
- LSI Logic Corporation
For more information about this report visit https://www.researchandmarkets.com/research/jjtkjs/digital_signal?w=4