Market Trends of Japan Digital Signal Processor Industry
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.
