DSP Chip Market to Grow 20% in Spite of Industry Slide; New report details numerous new markets for DSP that will support long-term growth
08:02 a.m. Aug 18, 1998 Eastern
TEMPE, Ariz.--(BUSINESS WIRE)--August 18, 1998--The market for programmable DSP chips will grow 20% in 1998 to the $3.9 billion level, according to a new report published by Forward Concepts, the leading DSP market research firm, based here. The positive growth of DSPs in a chip market that will experience negative overall growth this year is principally because of the healthy market for digital wireless communications which continues to grow well on a worldwide basis, according to the report. Two other key DSP markets, disk drive controllers and modems are restrained by soft pricing, while the smaller audio and control markets are experiencing moderate growth.
The new report, "DSP Strategies 2002," forecasts a healthier 32% growth for programmable DSP chips in 1999, due not only on a healthier Asian economy, but through numerous new DSP markets which are beginning to emerge, including digital cameras, satellite phones, smart antennas, voice over IP, AC motor control and even digital TV. The DSP market is forecast to grow at a 33% compound rate to the $13.4 billion level in 2002.
The report covers not only the programmable DSP chip market, but also details function-specific DSPs which are not programmable, like modem chips, PCI audio chips, MPEG decoders, ADSL, HDSL and cable modems, set top boxes, global positioning system chips, digital hearing aids, AC'97 controllers, and much more. According to Will Strauss, president of Forward Concepts and principal author of the report, "The function-specific DSP market is actually the bigger market, estimated to grow 30% in 1998 to the $6-billion level. However, the market is more diffuse, with more than 80 IC houses supplying one or more chips to this segment. By 2002, we expect that embedded MPEG-based digital TVs, set-top boxes, DVD players, etc. will be the dominant function-specific markets, even though a dozen more will also be significant."
Building-block chips, like FPGAs and algorithm-specific chips are also covered as are conventional MPUs and media processors employed for DSP functions. The report forecasts more than 45 different markets driven by DSP technology, and includes a detailed econometric analysis of worldwide electronics production by region including IC content and DSP contribution. As a reference guide, the report includes a chapter on modulation basics, and a detailed glossary of DSP, communication and multimedia terms in laymen's language and a listing of 1,075 companies and their involvement in DSP.
The fully-indexed 600-page report is profusely illustrated with more than 200 figures and 50 tables. The report is specially priced at $3,850.00 until September 1, 1998. After that date the price will be $4,350.00. Additional copies are available at moderate charge. A free brochure is available from Forward Concepts (Tel: 602-968-3759, Fax: 602-968-7145) and details, with table of contents, are on the company's web page at: fwdconcepts.com.
Copyright 1998, Business Wire
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