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Global Data Converter Market
By Sampling Rate (General-Purpose Data Converters, High-Speed Data Converters), Type (Digital-to-Analog Converters, Analog-to-Digital Converters), Vertical, and Regional Market Size, Status and Forecast to 2025
The Global Data Converter Market was valued at USD 3.68 billion in 2016 and is projected to reach USD 6.37 billion by 2025, growing at a CAGR of 6.28% from 2017 to 2025.
Data converters are widely used in consumer electronic devices like smartphones and tablets. Functions such as image processing, touch sensitivity, call signal processing, network signal processing, and video calling require the use of data converters. The integration of features such as gesture and voice command in the consumer electronic devices require data converters in the back-end.
1. Market Drivers
1.1 Increasing use of data converters in developing 5G infrastructure
1.2 Rising adoption of technologically advanced data acquisition systems
1.3 Increasing demand for high resolution images in scientific and medical applications
1.4 Growing demand for test and management solutions by end user
2. Market Restraints
2.1 Implementation of low-power consumption data converters
2.2 Integration of RF data converters into FPGA and system-on-chip
The Global Data Converter Market is segmented on the sampling rate, type, vertical, and region.
1. Sampling Rate:
1.1 General-Purpose Data Converters
1.2 High-Speed Data Converters
2. By Type:
2.1 Digital-to-Analog Converters
2.2 Analog-to-Digital Converters
3. By Vertical:
3.2 Test and Measurement
3.3 Consumer Electronics
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Cirrus Logic
2. Intersil (Renesas)
3. Asahi Kasei Microdevices
4. Maxim Integrated
5. On Semiconductor
7. Texas Instruments
8. Microchip Technology
9. NXP Semiconductors
11. Avia Semiconductor (Xiamen)
12. Faraday Technology
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Data Converter Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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