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DSP, IP-Core Chip & Microcontrollers Market Estimated to Reach $41.69 Billion by 2020 – New Report by MarketsandMarkets
Date:8/14/2014

her driving the market.

Increasing the number of wireless devices and requirement of wireless infrastructure are increasing the demand of Digital Signal Processors (DSP). Wireless communication requires high signal performance at reduced power consumption, which has eventually enhanced the multi-core DSP market. IP video surveillance also drives the demand of DSPs that provide features such as remote monitoring, lower cost installation, and centralized backup and storage.

The report's detailed segmentations by product type, core type, IP nature, customization, applications, and geography cover all the existing and emerging technologies in the Microcontrollers, DSPs, & IP core chips market. Microcontroller market segmented by type, 8-bit, 16-bit, and 32-bit. DSP market segmented by product segments and core types, Product segment of DSP consists of general purpose DSP, application specific DSP, and programmable (FPGA & PLD) DSP; the core type segment consists of single-core DSP processor and multi-core DSP processor. IP-core chips market segmented by IP nature and customization, IP nature consists of soft core and hard cores. Customization segment consists of standard IP core and customizable IP core.

There are numerous factors that drive the Microcontrollers, DSP & IP-Core Chip market, some of which include the increasing demand in the automobile applications that implements microcontroller right from the controlling of windshield wipers to the internal temperature control. Also, strong penetration in the consumer electronics sector, which encompasses smartphones and tablets, set-top boxes and digital TVs, wearable devices, game consoles, and more, is further driving the market. Another driver is the migration to small technology nodes, which facilitates the chip manufacturers with benefits, such as small form factor, faster time-to-market, reduced manufacturing costs, and more.

The application segmentation of the mark
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