While other market segments for DSP are quickly evaporating, the consumer segment and a growing demand in the automotive sector are providing a continuing market for this processor. In 2016, the market is expected to reach nearly $3 billion, thanks to demand for higher priced multi-core products. This tracker provides forecasts for DSP by region, market segment, application, and by product architecture. Market share is also provided.
The DSP market is forecast to reach $2.7 billion this year driven primarily by new DSP designs targeting the automotive market. This tracker provides forecasts for DSP by region, by market segment, and by application area. Forecasts are provided for both floating point and fixed point architectures. Market share is also provided.
Once in huge demand in the mobile phone market, the DSP has rapidly morphed into a solution for some totally different application markets. Currently the largest opportunity for DSP products is in the automotive space where they are used in safety systems and driver assistance applications. This market is expected to continue to decline and is expected to do so until around 2017 where demand will stabilize with focus from industrial and automotive OEMs. This year, the DSP market is expected to decrease to $2.5 billion. This tracker provides forecasts for DSP by region, application market, and architecture. Market share is also provided.
The DSP market has slowed significantly since the rapid transition to application processors which are now used in mobile phones. There are other markets, however for the digital signal processor. Currently, the automotive market is posing the strongest opportunity for DSPs that are used to process real world analog signals. Databeans expects the automotive market for DSPs to advance to $683 million this year. That is over a 20 percent increase in worldwide revenue. This report provides forecasts for DSP in all five market segments and includes revenue and unit shipments by region and product type. Market share is also provided by region and by market segment.