Market research firm Forward Concepts reports in a new market study that despite changes in reporting digital signal processing (DSP) is driving the entire semiconductor market.

“Many components that were once reported as ‘DSP chips’ are no longer,” said Forward Concepts president in a statement. “Rather, they are reported as systems on chip (SoC).” The worldwide market for DSP silicon was $27 billion in 2008. That market will drop in 2009, but the firm expects compound annual growth rate (CAGR) of 9.4 percent from 2008 to 2013.

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