Increased Adoption of Digital Signal Processing in Consumer Electronics to Drive Global Digital Signal Processing Market

Published By : 28 Dec 2015 | Published By : QYRESEARCH

Over the past few years, the adoption of digital signal processing has increased in consumer electronics. Some of the key industry players in the global digital signal processing market represent electronic design automation vendors, fabless and fab manufacturers, foundries, intellectual property vendors, packaging vendors, and assembly and testing vendors. Some of the applications of digital signal processing are computers and computer peripherals, surveillance, VoIP, wireless communication, medical sector, nanotechnology, radar communication applications, and electronics sector. 

The use of digital signal processing in high demand consumer electronics such as digital cameras, printers, and set-top-boxes is expected to propel the global market for digital signal processors. The high cost of the equipment is the major factor expected to hamper the growth of the global digital signal processing market in the years to come. However, increased application of digital signal processors in the automotive industry is expected to propel the global digital signal processors market in the coming few years. 

Manufacturers of automobile equipment use digital signal processors to manufacture various parts of vehicles. Location-based service providers also use advanced technology digital signal processors to manufacture various vehicle surveillance equipment. Adoption of digital signal processors has increased in the Asia Pacific and North America regions in the recent past, thus expected to boost the global digital signal processors market in the years to come.  

Apart from Asia Pacific and North America, the adoption of digital signal processors is expected to increase in Europe and Rest of the World in the coming few years. The increasing demand for digital signal processors in the wireless infrastructure segment is one of the strong reasons of growth of the global digital signal processors market. Use of advanced technologies in the manufacture of new digital signal processors is another strong reason of growth in the global digital signal processors market. Support from the governments of various countries has helped the leading players to invest in the research and development activities for introducing new digital signal processors.

The introduction of a variety of digital signal processors by the leading players in the market is expected to propel the global digital signal processors market in the years to come.   

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