- The key vendors in the global DSP market 2015-2019 are Analog Devices, Freescale Semiconductor, Fujitsu and Texas Instruments.
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global DSP market 2015-2019. The latest trend of system on chip (SOC) has increased the demand for DSPs with high processing power. The market is showing increased demand for smaller and powerful DSPs for SOC requirements. The global DSP market is expected to grow at a CAGR of 0.6% between 2014 and 2019.
DSPs are circuits that interpret digital signals through mathematical calculations to provide a modified and refined output to the users. The primary objective of DSP is to convert real-time raw analog signals into refined analog signals through a process of digital transformation.
The emergence of smartphones has escalated the demand for advanced DSPs even further, driving the need for continuous upgrades. Embedded DSPs are being increasingly adopted and the demand for high processing speed has led to the introduction of SOC.
“With consumer electronic devices becoming smaller in size, there is a need for advanced processing, thus raising the demand for embedded processors powered by DSPs,” says Faisal Ghaus, Vice President of Technavio Research.
“The rise in product developments that require complex functionalities is expected to push the demand for DSPs in the consumer electronics sector.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
