Lucintel’s latest market report analyzed that audio DSP provides attractive opportunities in the phone, IoT, home entertainment, computer, true wireless earphone, smart home, and wearable applications. The audio DSP market is expected to reach $23.0 billion by 2028 with a CAGR of 9.5%. In this market, integrated is the largest segment by product type, whereas phone is largest by end use industry.
Based on product type, the audio DSP market is segmented into integrated and discrete. The integrated segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the significant use of these DSPs in various devices because they produce less heat that extends their lifespan and allows them to transmit information with less interference, noise, and distortion.
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The Audio DSP Market is marked by the presence of several big and small players. Some of the prominent players offering audio DSP include Analog Devices, Broadcom, Intel, NXP Semiconductors, Qualcomm.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link firstname.lastname@example.org.
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