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Share this article PORTLAND, Ore., March 11, 2021 /PRNewswire/ Allied Market Research published a report, titled, Audio DSP Market By Type (Discrete and Integrated) and End Use (Computer, Phones, Tablets, Over-Ear Headphones, TWS, Home Entertainment, Commercial, Automotive, Portable, Smart Home, IoT, Wearable, and AR/VR): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global audio DSP industry generated $11.06 billion in 2019, and is projected to garner $23.43 billion by 2027, witnessing a CAGR of 9.3% from 2020 to 2027. Drivers, restraints, and opportunities Advantages of compound semiconductors over silicon-based technology, rise in demand for compound semiconductor epitaxial wafer in LED technology, and developing trends toward compound semiconductor wafers in the automotive industry drive the global Audio DSP market. However, high-cost related to compound semiconductor materials and components hinders the market growth. On

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