Digital Signal Processors Market – Innovations & Competitive Analysis – Forecast

July 12, 2021

Digital signal processor is a fast, special-purpose microprocessor designed specifically for efficient implementation of digital signal processing algorithms
Digital signal processors possess customized hardware to efficiently manipulate sequence of numbers or symbols composed of signal, which is mostly used in various applications such as digital communications and scientific instrumentation
Digital signal processors offer ultra-fast instruction sequences such as shift and add and multiply and add. Therefore, instruction sequences digital signal processors are used in numerous math-intensive signal processing applications.
Digital signal processors are utilized in devices such as sound cards, modems, cell phones, high-capacity hard disks, and digital TVs
Digital signal processors are employed in a wide variety of applications in audio processing, compression, echo cancellation, and adaptive filtering

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Digital signal processors are extensively utilized in defense and avionics applications such as radar, electronic warfare, avionics, and software defined radios (SDR)
They are also used in diverse applications in consumer electronics such as speech compression and speech transmission for mobile phones. They are used in elite headset equipment to protect users from hearing damage.
Increased growth in data traffic and use of technologies such as internet protocol (IP) and cameras for video surveillance are expected to boost the demand for digital signal processors globally

Digital signal processors are primarily utilized in the automotive and industrial sectors for manufacturing of vehicle parts and vehicle surveillance equipment; for alignment systems; remote diagnostic systems and intelligence transportation systems to keep a track on vehicles; engine performance; and control traffic flow. Increased need for safety enhances the use of DSP-controlled braking, air bags, and collision avoidance systems in vehicles.

North America is leading the global digital signal processors market due to developed electronics and telecommunication infrastructure and also the presence of manufacturing companies in the region
Increased technological developments in wireless infrastructure and rise in adoption of connected devices with increased data traffic are fueling the global digital signal processors market
The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to a rise of setting innovations such as 5G infrastructure
Worldwide urbanization is expected to boost the demand for technologically enhanced digital signal processors with advancements in wireless technologies. Rapid rise in integration of DSP chips in consumer electronics such as smartphones, printers, set-top boxes and computers further propel the global digital signal processors market.