Dallas, TX -- (SBWIRE) -- 10/20/2014 -- Technological advancement in the automobile sector has given rise to the microcontroller market. Consumers are demanding various solutions in automotive applications such as Advanced Driver Assistance Systems (ADAS), engine control unit, automotive infotainment, in-vehicle networking, and more, which has further lead the demand for microcontrollers. Smartphone market also witnesses the growth of the microcontroller market. Microcontroller is one of the important components in smartphone and is poised to witness major growth as the embedded processing is becoming more complex, which is further driving the market.

Increasing the number of wireless devices and requirement of wireless infrastructure are increasing the demand of Digital Signal Processors (DSP). Wireless communication requires high signal performance at reduced power consumption, which has eventually enhanced the multi-core DSP market. IP video surveillance also drives the demand of DSPs that provide features such as remote monitoring, lower cost installation, and centralized backup and storage.

Speak to Analyst
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=108837146

The report’s detailed segmentations by product type, core type, IP nature, customization, applications, and geography cover all the existing and emerging technologies in the Microcontrollers, DSPs, & IP core chips market. Microcontroller market segmented by type: 8-bit, 16-bit, and 32-bit. DSP market segmented by product segments and core types: Product segment of DSP consists of general purpose DSP, application specific DSP, and programmable (FPGA & PLD) DSP; the core type segment consists of single-core DSP processor and multi-core DSP processor. IP-core chips market segmented by IP nature and customization: IP nature consists of soft core and hard cores. Customization segment consists of standard IP core and customizable IP core.

The application segmentation of the market covers all the major applications such as automotive and transportation, consumer electronics, industrial building and home, security, communications, and medical and healthcare market in detail.

One of the objectives of the research study was to analyze the market trends for each of the microcontrollers, DSPs, and IP core chips products segments; and the growth rates of the various product segments.

Microcontrollers, which are one of the most widely used component in industries such as automobile and consumer electronics, have seen tremendous improvements in recent years in terms of increased number of applications as well as developments in technology. With the increased rate of consumer devices involving image, audio, and video processing, demand of digital signal processors have been positive. Also, the need for improved performance, fast time-to-market, increased customization, and lower risk of fatigue is profiting the Intellectual Property (IP) core chip companies tremendously. A semiconductor Intellectual Property Core, also known as IP Core or IP Block, is a unit of architectural layout of a specific or whole part of a semiconductor chip. IP cores, after the development by third parties, in general are licensed to semiconductor chip manufacturers. Or they can be developed in-house, owned and used by a single semiconductor chip manufacturer alone. IP cores can be used as building blocks within semiconductor chips to add advanced features and characteristics by developing them as per the prescribed architectural design.

The report on the Microcontrollers, Digital signal processor, and IP core chips market analyzes the Microcontroller, DPS, and IP core chip’s individual value chain, giving a bird’s eye-view of all the major and allied segments to the industry. The Microcontrollers, Digital signal processor, and IP core chips market is classified by various types of market segmentations and discussed in detail with the market estimates for each of the sub-segments. The report also discusses and analyzes the market dynamics of the individual markets, namely its market drivers, restraints, and opportunities along with the industry’s burning issues and winning imperatives.

Inquiry of Report
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=108837146

This study showcases a comprehensive overview of the global market by enveloping all major market segmentations combined with detailed qualitative and quantitative analysis of each market segment. The market numbers are forecasted from 2013 till 2020, to present a glance of the huge market potential offered within the forecast period.

Microcontrollers, Digital signal processor, & IP-core chips market is expected to reach $41.69 Billion by 2020, growing at a CAGR of 6.96% from 2014 to 2020.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: 888-600-6441
Email: sales@marketsandmarkets.com