Image Signal Processor Market Competitive landscape, Key company profile analysis and Opportunities | Impact of COVID-19
Market Analysis
The image signal processor market size is predicted to touch USD 4.12 billion at a 6.49% CAGR in the forecast period (2020- 2027), states the latest Market Research Future (MRFR) report.
Drivers
Deployment of Smart Grid Solutions to Boost Market Growth
The growing deployment of smart grid solutions for defending critical infrastructures from cyberattacks will boost Image Signal Processor Market growth over the forecast period.
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Opportunities
Growing Need for Video Analytics to offer Robust Opportunities
The growing demand for video analytics for transforming the raw data into visible images coupled with the need for high-power computing for advanced driver assistance systems and infotainment systems will offer robust opportunities in the market in the forecast period.
Restraints and Challenges
Technical Complexities to act as Market Challenge
The technical complexities to generate clearer images may act as a market challenge over the forecast period.
Market Segmentation
The image signal processor market has been segmented based on application, technology, image type, and component.
By component, the global image signal processor market is segmented into services, software, and hardware.
By image processing method, the global image signal processor market is segmented into digital image processing and analog image processing.
By image type, the global image signal processor market is segmented into 3D, 2D, and 1D.
By technology, the global image signal processor market is segmented into multiple instructions multiple data (MIMD), and single instruction multiple data (SIMD).
By application, the global image signal processor market is segmented into personal robots, drones, smart homes, smartphones, gaming, automotive, internet protocol cameras, smart cities security, and others
Key Players
Eminent players profiled in the global image signal processor market report include STMicroelectronics (Switzerland), THine Electronics, Inc. (Japan), ON Semiconductor (US), Arm Limited (UK), Intel Corporation (US), Texas Instruments Incorporated (US), Leica Geosystems (Germany), Sigma Corporation (Japan), Fujitsu (Japan), Panasonic Corporation (Japan), Xperi Corporation (US), Nikon Corporation (Japan), Sony Corporation (Japan), Canon Inc. (Japan), and OmniVision Technologies, Inc. (US). Other players in the market include Xilinx (US), Seiko Epson Corporation (Japan), NXP Semiconductors (Netherlands), OMNITEK (UK), Konica Minolta, Inc. (Japan), and Socionext Inc. (Japan).
Key players have incorporated several strategies to stay at the forefront such as new product launches, mergers and acquisitions, partnerships, and more.
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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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