Global Data Converter Market 2023-2027

Global Data Converter Market 2023-2027
The data converter market is forecasted to grow by USD 1,661.41 mn during 2022-2027, accelerating at a CAGR of 5.8% during the forecast period. The report on the data converter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising initiatives for digital transformation worldwide, growing demand for consumer electronics, and emergence of industrial automation and Industry 4.0.

Technavio's data converter market is segmented as below:

By TypeAnalog to digital converterDigital to analog converterBy UsageHigh-speed data convertersGeneral-purpose data convertersBy Geographical LandscapeAPACNorth AmericaEuropeSouth AmericaMiddle East and AfricaThis study identifies the rising integration with digital signal processing (DSP) as one of the prime reasons driving the data converter market growth during the next few years. Also, emergence of high-resolution data converters and increasing global 5G network expansion will lead to sizable demand in the market.

The report on the data converter market covers the following areas:Data converter market sizingData converter market forecastData converter market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data converter market vendors that include ams OSRAM AG, Analog Devices Inc., Asahi Kasei Corp., Berkshire Hathaway Inc., Faraday Technology Corp., Infineon Technologies AG, IQ Analog, MediaTek Inc., Microchip Technology Inc., Monolithic Power Systems Inc., Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Omni Design Technologies Inc., ON Semiconductor Corp., Renesas Electronics Corp., ROHM Co. Ltd., STMicroelectronics International N.V., Synopsys Inc., Texas Instruments Inc., and TransDigm Group Inc.. Also, the data converter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.