The Global Data Converter Market
Added: (Wed Jul 24 2019)
Pressbox (Press Release) -
The Global Data Converter Market size was valued at US$ 3.54 Bn in 2017 and is expected to reach US$ 5.97 Bn by 2026 to exhibit a CAGR of 6.75 % during the forecast period.
Global Data Converter Market
The objective of the report is to present a comprehensive assessment of the Market and contains thoughtful insights, facts, historical data, industry-validated Market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global Data Converter Market dynamics, structure by identifying and analyzing the Market segments and project the global Market size. Further, the report also focuses on the competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTERs analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global Data Converter Market.
Data conversion is the exchange of data from one format to another. Data Converters are mostly used in medical imaging, automotive applications, industrial, and communications infrastructure. Products contain Analog to Digital Converters, Digital to Analog Converters and another mixed signal which include analog switches, potentiometers, and mux products. The telecom industry and data center operators are investing widely in developing the network infrastructure is the key factor of increasing growth of this market.
The major driving factors of the global Data Converter Market are technological development in data converter method, growing demand for test and measurement solutions by end users, increasing demand for high-resolution images in scientific, medical applications and rising adoption of technologically advanced data acquisition systems.
The crucial restraining factors for the growth of the data converter market is the incorporation of RF data converters into field programmable gate array and system-on-chip. The development of integrating data converter design intelligent properties into SOC and field programmable gate array devices could be a restraining factor for the digital data converter market evolution.
Potential Use of Data Converters in Emerging advanced 5G Infrastructure will generate many opportunities in this market. Development of Low-Power Consumption Data Converters is one of the major challenges for this market.
The market for analog-to-digital converters is projected to grow at the highest CAGR during the forecast period due to the increasing demand for high-resolution images have risen the adoption of ADCs, which offers precise and flexible conversion, along with the additional and often critical facts about a set of data. The demand for the ADCs would remain to increase competitive situations in the market, which, in turn, is expected to lead to additional innovations in the data converter.
The communications application segment is expected to hold the largest share of the overall data converter market in the future. The development modification in the fourth-generation network, with innovative modulation and antenna techniques for better voice and data services and quality. Also, the continuing developments in technology and the general demand for wireless technology are the major reasons behind the higher share of this application.
Asia Pacific is projected to hold the largest share of the market during the forecast period owing to the increasing demand for transportations systems and consumer apparatus. Also North America is the leading constructor of smart phones, PCs, tablets, and other devices due to this witnesss high demand for data converters.
The Scope of Global Data Converter Market
Global Data Converter Market, by Type
Analog-to-Digital Converters
Digital-to-Analog Converters
Global Data Converter Market, by Sampling Rate
High-Speed Data Converters
General-Purpose Data Converters
Global Data Converter Market, by Industry
Communications
Automotive
Consumer Electronics
Industrial
Medical
Test and Measurement
Others
Global Data Converter Market, by Region
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Key Players operating in the Global Data Converter Market
Asahi Kasei Microdevices
Cirrus Logic
Intersil
Maxim Integrated
Microchip Technology
NXP Semiconductors
On Semiconductor
STMicroelectronics
Texas Instruments
Q-Analog
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