Japan Digital Signal Processor Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Japan Digital Signal Processor Market Analysis
The Japan Digital Signal Processor Market was valued at USD 813.25 million in 2022 and is expected to reach USD 1,114.22 million in the next five years, registering a CAGR of 6.5%. The increasing demand for consumer electronics, along with the high penetration of connected devices, is expected to boost market growth.
Japan's digital signal processor market is expected to increase rapidly during the forecast period. The region is a major market for electronics manufacturing and extensive usage of digital signal processors in the electronics industry, which is expected to fuel the growth of the digital signal processor market in the country.
The increasing demand for smartphones and the presence of some of the major smartphone manufacturers in the country are creating a demand for digital signal processors. These processors are used in smartphones to perform various signal-processing tasks efficiently and effectively. Some of the applications include audio processing, video processing, wireless communication, and image processing, among others.
Moreover, these devices are widely used in connected devices owing to their various benefits. Connected devices often include voice-enabled features or audio communication capabilities. It is used for speech recognition, noise cancellation, and echo cancellation.
Additionally, increased data traffic and the usage of technologies such as Internet Protocol (IP) cameras for video surveillance are expected to boost product demand worldwide. Moreover, due to its cost benefits, digital signal processing has become the leading technology for developing high-performance communication systems.
The outbreak of COVID-19 across the globe significantly disrupted the supply chain and production of the market studied in the initial phase of 2020. Many end-user industries of the market were also affected due to the pandemic, which negatively impacted the market. However, with many COVID-19-related restrictions easing in 2021, the demand for many products incorporating digital signal processors increased, thereby positively influencing the market.
Japan Digital Signal Processor Market Trends
The Rise in Adoption of Connected Devices is Expected to Drive the Market Growth
The rise in the adoption of connected devices such as smartphones, wearable devices, and smart home devices has increased the demand for digital signal processors. Connected devices require signal processing capabilities to handle various tasks such as audio and video processing, data analytics, sensor data processing, and image recognition. Digital signal processors are well suited for these applications as they are manufactured specifically to efficiently process and manipulate signals in real time.
DSPs are power efficient and help connected devices operate on limited power sources. These devices can perform complex signal-processing tasks while consuming minimal power, which makes them an ideal choice for connected devices,
As the capabilities of connected devices continue to expand, there is a growing demand for advanced features and functionalities. DSPs play a significant role in enabling features like voice assistants, audio enhancement, image recognition, and gesture control. These features help in enhancing user experience, thereby creating a demand for DSPs.
Various vendors operating in the market are developing solutions for connected devices to cater to varying customer needs. For instance, in April 2022, Arm Ltd introduced a new processor, a Cortex-M85 chip, for connected devices. When running machine learning and digital signal processing software, the Cortex-M85 can provide several times more performance than the previous fastest processor in the Cortex-M series.
Automotive Segment to have a Significant Growth
The automotive segment for Japan's digital signal processor market is fueled by increased automotive manufacturing and regular partnerships between automotive OEMs and DSP manufacturers. Cost and fuel efficiency are no longer the most important factors to consider when buying an automobile; instead, the comfort and luxury the vehicle offers are more important.
DSPs have become increasingly prevalent in the automotive industry due to their real-time ability to process and analyze signals. They are commonly used in the ADAS system, including features like collision avoidance, lane departure warning, and adaptive cruise control. Further, they are used in infotainment systems, In-vehicle networking, and engine control units.
Various automotive OEMs are doing significant developments in these advanced features, which is expected to drive the demand for DSPs. For instance, Toyota is utilizing the NVIDIA DRIVE PX AI car computer platform to assist sophisticated autonomous driving systems prepared for market launch. The alliance intends to accelerate the development of self-driving cars.
In Dec 2022, Renesas Electronics Corporation, in collaboration with Fixstars Corporation, announced to develop a suite of tools that allows optimization and fast simulation of software for autonomous driving (AD) systems and advanced driver-assistance systems (ADAS) specifically designed for the R-Car system-on-chip (SoC) devices from Renesas.
Japan Digital Signal Processor Industry Overview
The Japan digital signal processor market is highly fragmented due to many major companies competing with each other and large enterprises. Key players are Texas Instruments Inc., Mitsubishi Electric Corporation, Renesas Electronics Corp., and Analog Devices Inc. Recent developments in the market are -
May 2023 - Quadric introduced the Quadric Developer Studio, an online collaborative development environment for Chimera general-purpose neural processing unit processors. Quadric DevStudio speeds up software development through integrated machine learning (ML) plus digital signal processing (DSP) development system.
Feb 2022 - STMicroelectronics launched Intelligent Sensor Processing Unit (ISPU), which combines a DSP suitable for running AI algorithms and MEMS sensors on the same silicon. Besides reducing the size of system-in-package devices and power consumption by up to 80%, merging sensors and AI poses electronic decision-making in the application Edge.
Japan Digital Signal Processor Market Leaders
Texas Instruments Inc.
Intel Corporation
Analog Devices Inc.
Infineon Technologies AG
NXP Semiconductors NV
*Disclaimer: Major Players sorted in no particular order
Japan Digital Signal Processor Market News
- March 2023: Credo and EFFECT Photonics collaborated to develop coherent Digital Signal Processor (DSP) merchant ICs, featuring industry-leading power dissipation and performance. The DSPs are expected to deliver the capacity and reach needed to meet the explosive demands for connectivity and bandwidth.
- March 2023: EFFECT Photonics has received funding of USD 40 million to accelerate its product development and support go-to-market initiatives. The company provides small form factor solutions with integration, cost-efficiency, low power consumption, and supply security using its field-proven digital signal processing, forward error correction technologies, and ultra-pure light sources.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of Impact of COVID-19 on the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Significant Developments in Wireless Infrastructure
5.1.2 Growing Demand for VoIP and IP Video
5.1.3 Rise in Adoption of Connected Devices
5.2 Market Restraints
5.2.1 High complexity and initial development costs
5.2.2 Trade-off between performance, power consumption, and price
6. MARKET SEGMENTATION
6.1 By Core
6.1.1 Single-core
6.1.2 Multi-core
6.2 By End-user Industry
6.2.1 Communication
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Industrial
6.2.5 Aerospace & Defense
6.2.6 Healthcare
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Texas Instruments Inc.
7.1.2 Intel Corporation
7.1.3 Analog Devices Inc.
7.1.4 Infineon Technologies AG
7.1.5 NXP Semiconductors NV
7.1.6 Renesas Electronics Corp.
7.1.7 Xilinx Inc.
7.1.8 Broadcom Inc.
7.1.9 Toshiba Corp.
7.1.10 Samsung Electronics Co. Ltd.
7.1.11 STMicroelectronics N.V.
7.1.12 Cirrus Logic Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
Japan Digital Signal Processor Industry Segmentation
Digital signal processors are specialized microprocessor chips designed and developed to perform mathematical functions like additions, multiplications, subtractions, and divisions at high speed with minimum energy consumption. Digital signal processors manipulate real-world signals such as audio, voice, video, temperature, and pressure to analyze, display, or convert their information into a signal of use.
The scope of the report includes digital signal processors based on the core and their use in the end-user industry. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyzes the overall impact of COVID-19 on the ecosystem. The scope of the report encompasses market sizing and forecast for segmentation by core (Single Core, Multi Core) and end-user industry (Communication, Automotive, Consumer Electronics, Industrial, Aerospace & Defense, and Healthcare). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Core | |
| Single-core | |
| Multi-core |
| By End-user Industry | |
| Communication | |
| Automotive | |
| Consumer Electronics | |
| Industrial | |
| Aerospace & Defense | |
| Healthcare |
Frequently Asked Questions
What is the current Japan Digital Signal Processor Market size?
The Japan Digital Signal Processor Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Japan Digital Signal Processor Market?
Texas Instruments Inc., Intel Corporation, Analog Devices Inc., Infineon Technologies AG and NXP Semiconductors NV are the major companies operating in the Japan Digital Signal Processor Market.
What years does this Japan Digital Signal Processor Market cover?
The report covers the Japan Digital Signal Processor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Digital Signal Processor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Digital Signal Processor Industry Report
Statistics for the 2024 Japan Digital Signal Processor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Digital Signal Processor analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
