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Global Audio DSP Market Analysis, Share, Trends, Forecast: By Type: Discrete, Integrated; By End Use: Computer, Phones, Tablets, Over-Ear Headphones, TWS, Home Entertainment, Commercial, Automotive, Portable, Smart Home, IOT, Wearable, AR/VR; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Audio DSP Market Outlook
The global audio DSP market stood at a value of around USD 15.71 billion in 2023. The market is further expected to grow at a CAGR of 9.4% in the forecast period of 2024-2032 to attain USD 35.31 billion by 2032.
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Growing Popularity of Integrated Audio DSPs to Bolster the Growth of the Audio DSP Industry
Based on type, the integrated segment accounts for a significant share in the market and is anticipated to witness a considerable growth in the forecast period. Integrated DSPs generate less amount of heat, which enhances the life span of the product. Moreover, they are fast and can convey information with less noise, distortion, and interference. Over the forecast period, the growing awareness about the cost-effectiveness of the product is likely to augment the market growth. Meanwhile, the discrete segment is anticipated to witness a steady growth in the forecast period owing to the changing consumer preference towards DSPs that offer high accuracy. High accuracy and reliability are the biggest advantages of discrete DSPs.
The Asia Pacific to Provide Significant Growth Opportunities to the Audio DSP Industry
The audio DSP industry in the Asia Pacific is driven by the growing digitalisation, coupled with the increasing adoption of wireless communication networks in emerging economies of the continent. In countries like India and China, a significant surge in video streaming and the demand for cloud streaming has been observed. This is one of the major factors driving the growth of the audio DSP industry in the region. Over the forecast period, the growing adoption of audio DSPs in the automotive sector is likely to provide a further impetus to the industry.
Audio DSP: Market Segmentation
Audio DSP (digital signal processing) is defined as a subfield of digital signal processing that deals with the manipulation of audio signals. Basically, DSP takes the real-world audio and manipulates it based on certain algorithms to achieve some goals, including background noise cancellation.
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Based on type, the market is segmented into:
- Discrete
- Integrated
The major end uses of the product include:
- Computer
- Phones
- Tablets
- Over-Ear Headphones
- TWS
- Home Entertainment
- Commercial
- Automotive
- Portable
- Smart Home
- IOT
- Wearable
- AR/VR
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Audio DSP in the Consumer Electronics Industry to Boost the Growth of the Audio DSP Industry
The global audio DSP industry is driven by its growing applications in the consumer electronics sector. The significant surge in the adoption of devices such as tablets, smartphones, and computers, among others, coupled with the growing consumer reliance on the same, is driving the global audio DSP industry growth. The use of audio DSPs in these devices can save a significant amount of time and can enhance the customer experience. For instance, a person can navigate direction while driving through the audio DSP system. Over the forecast period, the rapid technological advancements and the new product launches by the manufacturers are likely to propel the audio DSP industry growth further.
Key Industry Players in the Global Audio DSP Market
The report gives a detailed analysis of the following key players in the global audio DSP market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Analog Devices, Inc.
- Broadcom Inc.
- CEVA, Inc.
- Intel Corporation
- NXP Semiconductors N.V.
- Qualcomm Technologies, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Audio DSP Market Analysis
8.1 Key Industry Highlights
8.2 Global Audio DSP Historical Market (2018-2023)
8.3 Global Audio DSP Market Forecast (2024-2032)
8.4 Global Audio DSP Market by Type
8.4.1 Discrete
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Integrated
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Audio DSP Market by End Use
8.5.1 Computer
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Phones
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Tablets
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Over-Ear Headphones
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 TWS
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Home Entertainment
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Commercial
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Automotive
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.9 Portable
8.5.9.1 Historical Trend (2018-2023)
8.5.9.2 Forecast Trend (2024-2032)
8.5.10 Smart Home
8.5.10.1 Historical Trend (2018-2023)
8.5.10.2 Forecast Trend (2024-2032)
8.5.11 IOT
8.5.11.1 Historical Trend (2018-2023)
8.5.11.2 Forecast Trend (2024-2032)
8.5.12 Wearable
8.5.12.1 Historical Trend (2018-2023)
8.5.12.2 Forecast Trend (2024-2032)
8.5.13 AR/VR
8.5.13.1 Historical Trend (2018-2023)
8.5.13.2 Forecast Trend (2024-2032)
8.6 Global Audio DSP Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Audio DSP Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Audio DSP Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Audio DSP Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Audio DSP Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Audio DSP Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Analog Devices, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Broadcom Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 CEVA, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Intel Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 NXP Semiconductors N.V.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Qualcomm Technologies, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Audio DSP Market: Key Industry Highlights, 2018 and 2032
2. Global Audio DSP Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Audio DSP Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Audio DSP Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Audio DSP Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Audio DSP Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Audio DSP Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Audio DSP Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Audio DSP Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Audio DSP Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Audio DSP Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Audio DSP Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Audio DSP Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Audio DSP Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Audio DSP Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Audio DSP Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Audio DSP Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Audio DSP Market Structure
Key Questions Answered in the Report
In 2023, the global audio DSP market attained a value of nearly USD 15.71 billion.
The market is projected to grow at a CAGR of 9.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 35.31 billion by 2032.
The market is being driven by the rising applications of audio DSP in the consumer electronics sector and the growing cost-effectiveness of audio DSP.
The increasing penetration of electronic devices like tablets and smartphones, rapid technical breakthroughs, and new product launches by manufacturers are the key trends of the market.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, the Asia Pacific.
Discrete and integrated are the leading types of audio DSP in the market.
The significant end uses of audio DSP in the market are computer, phones, tablets, over-ear headphones, TWS, home entertainment, commercial, automotive, portable, smart home, IoT, wearable, and AR/VR.
The key players in the global audio DSP market are Analog Devices, Inc., Broadcom Inc., CEVA, Inc., Intel Corporation, NXP Semiconductors N.V., and Qualcomm Technologies, Inc., among others.
Analyst Review
The global audio DSP market attained a value of about USD 15.71 billion in 2023, driven by the rising applications of audio DSP in the consumer electronics sector. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the audio DSP industry can be segmented into discrete and integrated. On the basis of end use, the market can be classified into computer, phones, tablets, over-ear headphones, TWS, home entertainment, commercial, automotive, portable, smart home, IOT, wearable, and AR/VR. The major regional markets for the global audio DSP industry are North America, Latin America, Europe, the Middle East and Africa, the Asia Pacific. The key players in the above market include Analog Devices, Inc., Broadcom Inc., CEVA, Inc., Intel Corporation, NXP Semiconductors N.V., and Qualcomm Technologies, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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