Covid-19 (CoronaVirus) Impact on Image Signal Processor Industry: Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Component (Hardware, Software, Services), Image Processing Method (Analog Image Processing, Digital Image Processing), Image Type (1D, 2D, 3D), Technology (Single Instruction Multiple Data (SIMD), Multiple Instruction Multiple Data (MIMD)), Application (Smart Cities, Security and internet protocol (IP) cameras, Automotive, Gaming, Smartphones, Smart homes, Drones, Personal Robots, Others), By Region (North America, Europe, Asia-Pacific, Middle East & Africa, Central & South America) – Forecast till 2025
Image Signal Processor Market -Overview
The upswing in demand for video analytics is predicted to bolster the image signal processor market 2020. The chipset and processors reports are made by Market Research Future, which includes market possibilities for advancement. The market is set to achieve an income potential of USD 4.12 Billion with the backing of a 6.49% CAGR in the forecast period.
The requirement of a high power computing potential is estimated to bolster the image signal processor market share in the upcoming period. Furthermore, the accomplishment of successful miniaturization of SoCs is predicted to transform the market in the upcoming period.
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The companies in the market are estimated to solely focus on getting their growth paths back on track to maximize the opportunities that may arise. The reinforcement of the distribution channels is estimated to further place the market in the right place for the future. The emphasis on marketing strategies is estimated to decline due to the focus being placed on cost optimization. The contender’s progress in the market is estimated to be bolstered by the innovations that are being undertaken to enhance the core product offering in the upcoming period. IT is estimated theat the market will be energized by the incentives offered by the governments and the initiatives taken to spur the global market. The trade blockades are, however, estimated to slow down the momentum that could be attained by the market.
The formidable contenders in the image signal processor market are ON Semiconductor (US), Texas Instruments Incorporated (US), Leica Geosystems (Germany), Sony Corporation (Japan), Sigma Corporation (Japan), Fujitsu (Japan), Panasonic Corporation (Japan), Xperi Corporation (US), Nikon Corporation (Japan), Arm Limited (UK), Intel Corporation (US), OmniVision Technologies, Inc. (US), Xilinx (US), STMicroelectronics (Switzerland), THine Electronics, Inc. (Japan), Seiko Epson Corporation (Japan), NXP Semiconductors (Netherlands), OMNITEK (UK), Canon Inc. (Japan), Konica Minolta, Inc. (Japan), and Socionext Inc. (Japan) to name a few.
- In December 2018, Qualcomm launched its artificial intelligence (AI) integrated image signal processor (ISP). The Qualcomm Spectra 380 is expected to support multi-frame noise reduction, hardware depth sensing, object classification, and object segmentation capabilities.
- In September 2018, Renesas Electronics partnered with MM Solutions to integrate an open image signal processor (ISP) solution on the latter’s Automotive Camera Development Kit (AutoCDK). The ISP solution is integrated into Renesas’ R-Car V3M and R-Car V3H System-on-Chips (SoCs) which is expected to accelerate the development of automotive smart camera applications.
- In February 2018, FotoNation, a wholly-owned subsidiary of Xperi Corporation, launched a third-generation image processing unit (IPU). The IPU is equipped with AI imaging engine and supports data transfer over encrypted networks.
- In April 2017, ARM Limited launched its first image signal processor (ISP) built for the automotive market. The Mali-C71 offers an ultra-wide dynamic range (UWDR) up to 24 stops. The processor is also capable of processing images from all of the car’s cameras using a single SoC.
The segmental study of the image signal processor market has been conducted on the basis of application, image processing method, image type, component, technology, and region. On the basis of the image processing method, the image signal processor market has been segmented into digital image processing and analog image processing. Based on the component, the image signal processor market has been segmented into services, hardware and software. Based on the image type, the image signal processor market has been segmented into 2D, 1D, and 3D. Based on the region, the image signal processor market has been segmented into Central & South America, Asia Pacific, North America, Europe, and the Middle East & Africa. On the technology, the image signal processor market has been segmented into multiple instructions multiple data (MIMD) and single instruction multiple data (SIMD). The application-based segmentation of the image signal processor market consists of security and internet protocol (IP) cameras, smart cities, gaming, automotive, smart homes, smartphones, drones, personal robots, and others.
Detailed Regional Analysis
The regional examination of the image signal processor market includes Central & South America, Asia Pacific, North America, Europe, and the Middle East & Africa. The market in the Asia Pacific is predicted to control the image signal processor market. The advancements in image sensing and processing expertise have fortified companies to present technology-compliant camera units in nations such as Japan. This development has added to the expansion of the image signal processor market in the Asia Pacific region. Though, the image signal processor market in North America is projected to record the fastest growth throughout the forecast period. The need for miniaturization of system-on-chip (SoCs) has fortified semiconductor businesses to progress technologies completing miniaturization of chips.
- Raw Material and Manufacturing Equipment Suppliers
- Middleware and Firmware Providers
- Research Organizations and Consultancies
- Government and Regulating Authorities
- Camera Module Manufacturer
- Organizations, Forums and Alliance
- System Integrators
- Analysts, Technology Experts, and Strategic Business Planners
- End Users
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