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3. Digital Signal Processor Companies - Analog Devices, Inc. (US) and Microchip Technology Inc. (US) are the Key Players

The Digital Signal Processor market is projected to grow from USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to grow at a CAGR of 7.8% from 2024 to 2029. The growth of the Digital Signal Processor market is driven by surging adoption of Internet of Things (IoT) and connected devices.

Major players in the digital signal processor market include Analog Devices, Inc. (US), Microchip Technology Inc. (US), Texas Instruments Incorporated (US), NXP Semiconductors (Netherlands), and Marvell (US). Major strategies adopted by the players in the digital signal processor market ecosystem to boost their product portfolios, accelerate their market share, and increase their presence in the market include acquisitions, collaborations, partnerships, and new product launches.

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Major Digital Signal Processor companies include:

• Analog Devices, Inc. (US)
• Microchip Technology Inc. (US)
• Texas Instruments Incorporated (US)
• NXP Semiconductors (Netherlands)
• Marvell (US)
• Qualcomm Technologies, Inc. (US)
• Cirrus Logic, Inc. (US)
• STMicroelectronics (Switzerland)
• TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan)
• Infineon Technologies AG (Germany)

For instance, in February 2024, Analog Devices, Inc. strengthened its capacity and resiliency through an expanded partnership with TSMC, the leading semiconductor foundry. A unique arrangement through JASM secured ADI's long-term chip supply, focusing on 40nm and finer process technology nodes. This partnership added options for ADI to secure additional capacity, supporting critical platforms like wireless BMS (wBMS) and Gigabit Multimedia Serial Link (GMSL) applications.

In February 2024, Microchip launched a new family of dsPIC Digital Signal Controller (DSC)-based integrated motor drivers, combining controllers, gate drivers, and communications into a single device. This integration reduced component count, PCB dimensions, and system complexity, which was supported by development tools to streamline motor control system development and accelerate time to market.

Analog Devices, Inc.:

Analog Devices, Inc. (US), a global semiconductor leader, is committed to tackling complex engineering challenges for its customers. They offer sensing, measuring, interpreting, connecting, and powering solutions. Their diverse product portfolio encompasses integrated circuits (ICs), software, and subsystems that utilize cutting-edge analog, mixed-signal, and digital signal processing technologies. With expertise in high-performance precision, high-speed mixed-signal, power management, and processing technologies, Analog Devices provides solutions such as data converters, amplifiers, power management systems, radio frequency (RF) ICs, edge processors, and various sensors. The company offers products in A/D Converters (ADC), Amplifiers, Analog Functions, Audio Products, Clock and Timing, D/A Converters (DAC), Embedded Security, High-Speed Logic and Data Path Management, iButton and Memory, Industrial Ethernet Solutions, Interface, and Isolation, Motor and Motion Control, Optical Communications and Sensing, Power Management, Power Monitor, Control, and Protection, Processors and Microcontrollers, RF and Microwave, Sensors and MEMS, and Switches and Multiplexers.

Microchip Technology Inc.:

Microchip Technology Inc. (US) specializes in developing, manufacturing, and distributing intelligent, interconnected, and highly secure embedded control solutions. Microchip Technology Inc. offers a comprehensive product portfolio, which includes mixed-signal microcontrollers covering 8-bit, 16-bit, and 32-bit varieties. Additionally, they provide an extensive analog product line encompassing power management, linear, mixed-signal, high voltage, and various interface products. The company also offers FPGA products, royalties for technology licenses, intellectual property sales, engineering services, memory products, and manufacturing services. Microchip Technology Inc. (US) operates through two business segments: Semiconductor Products and Technology Licensing. The Semiconductor Products segment designs, develops, manufactures, and sells microcontrollers, interfaces, development tools and analogs, mixed signals, wired and wireless connectivity devices, timing, and memory products. The Technology Licensing segment sells and licenses the company's intellectual property. The company's wide product offerings include FPGA & PLDs, data converters, amplifiers & linear ICs, power discrete, radio frequency & microwave, sensors, and motor drives.

Related Reports:

Digital Signal Processor Market by Core (Single Core, Multi-Core), Configuration (Low-end, Mid-range, High-end), Type (General-purpose, Application-specific), Category, IC Design, Application, End-User Industry and Region - Global Forecast to 2029

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