Media Processors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Uncompressed Video, Compressed Digital Video, Digital Audio); Application (Consumer Electronics, Indusial Use, Medical Devices, Automotive, Others) and Geography
Report Code: TIPRE00022920
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
A media processor, mostly used as an image/video processor, is a microprocessor-based system-on-a-chip which is designed to deal with digital streaming data in real-time rates. These devices can also be considered a class of digital signal processors. Unlike graphics processing units (GPUs), which are used for computer displays, media processors are targeted at digital televisions and set-top boxes.
The "Global Media Processors Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global market trend analysis. The report aims to provide an overview of the media processors market with detailed market segmentation by type applications, and geography. The report provides key statistics on the market status of the leading media processors market players and offers key trends and opportunities in the market.
Based on type, the global media processors market is segmented into uncompressed video, compressed digital video, digital audio
On the basis of application, the market is segmented into consumer electronics, indusial use, medical devices, automotive, others
MARKET DYNAMICS Drivers
With the growing base of tech-savvy consumers, there has been a rise in the adoption of smartphones. This has led to an escalation in the demand for smartphones with high-end graphics. As a result, an increasing number of mobile phones are being produced with advanced media processors which is one of the major factor driving the growth of the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The media processors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the media processors market in these regions.
IMPACT OF COVID-19 ON MEDIA PROCESSORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the media processors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from media processors market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the media processors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Texas Instruments Incorporated
Cisco Systems, Inc
Lumens Digital Optics Inc.
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