A report from Transparency Market Research, titled “Digital Signal Processors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, states that the global digital signal processors market is predicted to expand rapidly due to increasing adoption of digital signal processors in various types of consumer electronics.

Albany, NY -- (SBWire) -- 01/19/2016 --Digital signal processors can be purchased in three major forms, as a broad level product, as a core, and as a processor. Digital signal processors as a core processor act as data registers, address generators, and multipliers. Digital signal processors as computer processors interface with the outside world. The global digital signal processors market has returned to a growth phase after the recent global economic recession and is predicted to rise steadily in the years to come. Adoption of digital signal processors in the newest range of consumer electronics such as cellular telephones, high-fidelity music reproduction, and multimedia computers is expected to propel the global digital signal processors market in the years to come.

Some of the major industry players in the global digital signal processors market are electronic design automation vendors, foundries, intellectual property vendors, fabless and fab manufacturers, assembly and testing vendors, and packaging vendors. The intellectual property (IP) vendors can be classified into customizable, standard non-customizable, application specific integrated circuits, and programmable DSP core IP. Design architecture is segmented into product design, DSP system-on-chips design, and IC design. By product segment, the market is divided into as application specific, programmable DSP ICs, and general purpose. The IC design segment is classified into standard non-embedded, multi-core DSP processors, and embedded.

The applications sector comprises computers and computer peripherals, surveillance, VoIP, wireless communication, consumer electronics sector, industrial sector, radar communication applications, nanotechnology, automotive sector, and industrial sector. Increased use of digital signal processors in consumer electronics such as set-top-boxes, digital printers, digital cameras, and other products is expected to propel the global digital signal processors market in the near future. In the last few years, the application of digital signal processors has increased in the automotive industry.

Manufacturers of automotive devices use digital signal processors to manufacture automotive equipment. Increasing use of digital signal processors by various location-based service providers to manufacture vehicle surveillance devices is expected to drive the global digital signal processors market in the foreseeable future.

Based on geography, the global digital signal processors market is divided into Asia Pacific, North America, Europe, and Rest of the World. Asia Pacific and North America are expected to register the highest demand for digital signal processors in the years to come. The introduction of innovative digital signal processors by new entrants is anticipated to make the global market for digital signal processors highly competitive.

Altera Corp., Freescale Semiconductor Ltd., Infineon Technologies AG, LSI Corp., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Texas Instruments Inc., Xilinx Inc., Analog Devices Inc., Broadcom Corp., Ceva Inc., Marvell Technology Group Ltd., MIPS Technologies Inc, NXP Semiconductors N.V., ST Microelectronics N.V., and Toshiba Corp. are some of the leading companies in the global digital signal processors market.

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