TechNavio today launched its report Global Digital Signal Processor Market 2012-2016 based on an in-depth analysis covering the Americas, the EMEA region, and the APAC region. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Networking team said: ”The use of digital signal processors in the Automobile industry is increasing rapidly over time. Many automobile equipment providers are using digital signal processors to manufacture vehicle parts such as digital radios, voltage regulators, and active suspensions. Moreover, several location-based service providers use advanced digital signal processors to manufacture vehicle surveillance equipment. Thus, the increasing use of digital signal processors in the Automobile industry is expected to fuel the growth of the Global Digital Signal Processor market.”
According to the report, one of the main drivers in this market is the increasing adoption of digital signal processors in consumer electronics equipment such as digital cameras, set-top boxes, and printers. Moreover, the Global Consumer Electronics market is expected to witness significant growth during the forecast period.
Further, the report states that one of the major challenges confronting this market is the declining revenue of its vendors post the global economic slowdown. Many leading vendors in this market witnessed a decline in their revenue during the global economic slowdown of 2008“2010. Although the global economy is now recovering, many vendors in the market are still struggling to sustain steady growth.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Texas Instruments Inc., Analog Devices Inc., Freescale Semiconductor Inc., and LSI Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-digital-signal-processor-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Networking market research, please visit https://www.technavio.com/networking
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TechNavio Announces the Publication of its Research Report – Global Digital Signal Processor Market 2012-2016
