Digital Signal Processors Global Market Report 2024

Description

Digital signal processors (DSPs) are specialized microprocessors designed to efficiently process digital signals, such as audio, video, speech, and data, in real-time or near-real-time applications. It is a versatile and indispensable component in numerous applications with essential requirements for real-time signal processing, high-performance computation, and efficient resource utilization.

General-purpose digital signal processors (DSPs) are microprocessors tailored for digital signal processing tasks. They are utilized across various industries such as wireless communications, audio and video processing, digital image processing, radar communication, medical devices, mobile telecommunication, industrial automation, and more. These processors, available in single and multi-core configurations, play a vital role in strategic analyses such as value chain analysis, opportunities analysis, product or market life cycle assessment, and evaluating suppliers and distributors. Industries benefiting from DSP applications include communication, automotive, consumer electronics, industrial manufacturing, aerospace and defense, and healthcare.

The digital signal processors market research report is one of a series of new reports from The Business Research Company that provides digital signal processors market statistics, including digital signal processors industry global market size, regional shares, competitors with a digital signal processors market share, detailed digital signal processors market segments, market trends and opportunities, and any further data you may need to thrive in the digital signal processors industry. This digital signal processors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The digital signal processors market size has grown strongly in recent years. It will grow from $14.62 billion in 2023 to $15.97 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth experienced in the historic period can be traced back to notable advancements in wireless infrastructure, the rising demand for digital signal processing in automotive applications, and a growing need for high-quality audio and video processing.

The digital signal processors market size is expected to see strong growth in the next few years. It will grow to $22.93 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The forecasted growth in the upcoming period can be primarily linked to the escalating demand for Voice over Internet Protocol (VoIP) and Internet Protocol (IP) video services, the surge in adoption of connected devices, the extensive utilization of digital signal processor chips in consumer electronics.

The digital signal processors market is poised for significant growth, fueled by the increasing demand for consumer electronics. Consumer electronics, encompassing a range of devices for daily use, are witnessing heightened demand driven by factors such as enhanced connectivity, the proliferation of remote work and learning, the popularity of entertainment and streaming services, and the ease of access through e-commerce platforms. Digital signal processors play a vital role in enhancing consumer electronics by enabling advanced audio processing, image and video enhancement, voice recognition, wireless communication, power management, sensor processing, display optimization, and real-time data processing. For instance, according to data from the United States International Trade Commission (USITC), the total value of U.S. exports of electronic products surged from $286 billion in 2021 to $302 billion in 2022, marking a growth rate of approximately 10.0%, underscoring the robust demand for consumer electronics and driving the digital signal processors market forward.

Key players in the digital signal processor market are actively developing innovative products to meet the evolving needs of consumers, exemplified by offerings such as AK7018 and AK7017. These cutting-edge DSPs, introduced by Asahi Kasei Microdevices Corporation in December 2022, are designed to elevate the in-car audio and voice experience. Featuring dual and single HiFi 4 CPUs respectively, the AK7018 and AK7017 are pin-compatible audio DSPs that offer versatility in building automotive entertainment systems while delivering superior audio and speech quality. While the AK7017 provides a scalable solution for simpler system versions, the AK7018, equipped with twin HiFi 4 DSP cores, enables simultaneous processing of high-resolution audio and speech, setting new standards for in-car audio experiences.

In February 2024, in a strategic move to bolster its capabilities in audio signal processing, Monolithic Power Systems Inc., a leading provider of high-performance power solutions, acquired Axign BV. This acquisition underscores Monolithic Power Systems' commitment to revolutionizing audio signal processing and amplification, particularly in automotive and consumer systems. Axign BV, a Netherlands-based semiconductor company specializing in programmable multicore digital signal processors, brings valuable expertise and technology to further enhance Monolithic Power Systems' offerings and drive innovation in the digital signal processing landscape.

Major companies operating in the digital signal processors market are Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Incorporated, Broadcom Inc., Toshiba Corporation, Asahi Kasei Microdevices Corporation, Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor Corporation, Microchip Technology Inc., Synopsys Inc., Marvell Technology Group Ltd., ROHM Semiconductor, Novatek Microelectronics Corp., Xilinx Inc., Maxim Integrated Products Inc., Cirrus Logic Inc., Silicon Laboratories Inc., Lattice Semiconductor Corporation, Ambarella Inc., DSP Group Inc., CEVA Inc., QuickLogic Corporation, Wave Computing Inc., Imagination Technologies Group plc

Asia-Pacific was the largest region in the digital signal processor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital signal processors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the digital signal processors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The digital signal processor market consists of revenues earned by entities by providing services such as signal processing solutions, customization services, consulting services, integration services, and telecommunications. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital signal processor market also includes sales of DSP chips, DSP development boards and software development tools. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Type: General Purpose Digital Signal Processor; Programmable Digital Signal Processor; Specific Purpose Or Application Specific Digital Signal Processor
2) By Core: Single-Core; Multi-Core
3) By Strategic Analysis: Value Chain Analysis; Opportunities Analysis; Product Or Market Life Cycle; Suppliers And Distributors
4) By Application: Wireless Communications; Audio And Video Processing; Digital Image Processing; Radar Communication; Medical Devices; Mobile Telecommunication; Industrial Automation; Radio Frequency Digital Signal Processing
5) By End-User Industry: Communication; Automotive; Consumer Electronics; Industrial; Aerospace And Defense; Healthcare
Covering: Samsung Electronics Co. Ltd; Intel Corporation; Qualcomm Incorporated; Broadcom Inc.; Toshiba Corporation

Product Code: r17340

1. Executive Summary

2. Digital Signal Processors Market Characteristics

3. Digital Signal Processors Market Trends And Strategies

4. Digital Signal Processors Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Digital Signal Processors Market Size and Growth

5.1. Global Digital Signal Processors Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Digital Signal Processors Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Digital Signal Processors Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Digital Signal Processors Market Segmentation

6.1. Global Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
General Purpose Digital Signal Processor
Programmable Digital Signal Processor
Specific Purpose Or Application Specific Digital Signal Processor
6.2. Global Digital Signal Processors Market, Segmentation By Core, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Single-Core
Multi-Core
6.3. Global Digital Signal Processors Market, Segmentation By Strategic Analysis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Value Chain Analysis
Opportunities Analysis
Product Or Market Life Cycle
Suppliers And Distributors
6.4. Global Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Wireless Communications
Audio And Video Processing
Digital Image Processing
Radar Communication
Medical Devices
Mobile Telecommunication
Industrial Automation
Radio Frequency Digital Signal Processing
6.5. Global Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Communication
Automotive
Consumer Electronics
Industrial
Aerospace And Defense
Healthcare

7. Digital Signal Processors Market Regional And Country Analysis

7.1. Global Digital Signal Processors Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Digital Signal Processors Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Digital Signal Processors Market

8.1. Asia-Pacific Digital Signal Processors Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Digital Signal Processors Market

9.1. China Digital Signal Processors Market Overview
9.2. China Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Digital Signal Processors Market

10.1. India Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Digital Signal Processors Market

11.1. Japan Digital Signal Processors Market Overview
11.2. Japan Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Digital Signal Processors Market

12.1. Australia Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Digital Signal Processors Market

13.1. Indonesia Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Digital Signal Processors Market

14.1. South Korea Digital Signal Processors Market Overview
14.2. South Korea Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Digital Signal Processors Market

15.1. Western Europe Digital Signal Processors Market Overview
15.2. Western Europe Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Digital Signal Processors Market

16.1. UK Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Digital Signal Processors Market

17.1. Germany Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Digital Signal Processors Market

18.1. France Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Digital Signal Processors Market

19.1. Italy Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Digital Signal Processors Market

20.1. Spain Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Digital Signal Processors Market

21.1. Eastern Europe Digital Signal Processors Market Overview
21.2. Eastern Europe Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Digital Signal Processors Market

22.1. Russia Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Digital Signal Processors Market

23.1. North America Digital Signal Processors Market Overview
23.2. North America Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Digital Signal Processors Market

24.1. USA Digital Signal Processors Market Overview
24.2. USA Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Digital Signal Processors Market

25.1. Canada Digital Signal Processors Market Overview
25.2. Canada Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Digital Signal Processors Market

26.1. South America Digital Signal Processors Market Overview
26.2. South America Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Digital Signal Processors Market

27.1. Brazil Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Digital Signal Processors Market

28.1. Middle East Digital Signal Processors Market Overview
28.2. Middle East Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Digital Signal Processors Market

29.1. Africa Digital Signal Processors Market Overview
29.2. Africa Digital Signal Processors Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Digital Signal Processors Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Digital Signal Processors Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Digital Signal Processors Market Competitive Landscape And Company Profiles

30.1. Digital Signal Processors Market Competitive Landscape
30.2. Digital Signal Processors Market Company Profiles
- 30.2.1. Samsung Electronics Co. Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Intel Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Qualcomm Incorporated
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Broadcom Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Toshiba Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Digital Signal Processors Market Other Major And Innovative Companies

31.1. Asahi Kasei Microdevices Corporation
31.2. Texas Instruments Incorporated
31.3. MediaTek Inc.
31.4. STMicroelectronics N.V.
31.5. Infineon Technologies AG
31.6. NXP Semiconductors N.V.
31.7. Analog Devices Inc.
31.8. Renesas Electronics Corporation
31.9. ON Semiconductor Corporation
31.10. Microchip Technology Inc.
31.11. Synopsys Inc.
31.12. Marvell Technology Group Ltd.
31.13. ROHM Semiconductor
31.14. Novatek Microelectronics Corp.
31.15. Xilinx Inc.

32. Global Digital Signal Processors Market Competitive Benchmarking

33. Global Digital Signal Processors Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Digital Signal Processors Market

35. Digital Signal Processors Market Future Outlook and Potential Analysis

35.1 Digital Signal Processors Market In 2028 - Countries Offering Most New Opportunities
35.2 Digital Signal Processors Market In 2028 - Segments Offering Most New Opportunities
35.3 Digital Signal Processors Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer