The growth of this market is fueled by the rising demand for test and measurement solutions by end users, growing demand for high-resolution images in scientific and medical applications, increasing adoption of technologically advanced data acquisition systems, and developments in the data converter ecosystem through organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, partnerships, contracts, agreements, and collaborations.
Among all types in the data converter, the market for analog-to-digital converters (ADCs) is expected to grow at the highest CAGR between 2017 and 2023. The rising demand for high-resolution images have led to the adoption of ADCs, which provides precise and flexible conversion, along with the additional and often critical details about a set of data; the demand for the ADCs would continue to raise competitive situations in the market, which, in turn, is likely to lead to further innovations in the data converter.
The market for high-speed data converters is expected to grow at a high rate between 2017 and 2023. The demand for high-speed data converters would be driven by the evolution of wireless communication networks. For instance, the 5G wireless communications technology is developing rapidly and is expected to start rolling out globally by 2020. For advanced high-performance communication applications, network infrastructure manufacturers need to develop a high-speed lag-free solution, which results in the increased demand for high-speed data converters.
The Data Converter market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of 6.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Data Converter.
This report presents the worldwide Data Converter market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Asahi Kasei Microdevices
Data Converter Breakdown Data by Type
Data Converter Breakdown Data by Application
Test and Measurement
Data Converter Production by Region
Data Converter Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Data Converter status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Data Converter manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Data Converter :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Data Converter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.