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The global data converter market size reached US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2027, exhibiting a growth rate (CAGR) of 6.14% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A data converter refers to an electronic circuit that converts analog data to digital formats or vice versa. The interface unit or device that converts the analog signal to a digital signal is known as an analog to digital converter. On the other hand, the unit that converts the digital signal to analog is called a digital to analog converter. For instance, computers require analog-to-digital data converters to convert the signals into a readable format. Similarly, modems turn digital signals to analog for communications through telephone lines. Owing to this, data converters find extensive applications across various industries, including communications, automotive, medical and consumer electronics.
Rapid digitalization in various industrial sectors and the increasing adoption of technologically advanced data acquisition systems are among the key factors driving the growth of the market. Furthermore, widespread adoption of data converters by aerospace and defense sectors is also providing a boost to the market growth. These devices are used in electronic warfare and communication systems, weapons and defense vehicles for conversion and transmission of signals. Additionally, data converters are being increasingly integrated with smart devices, such as smartphones, laptops and tablets, for video calling, network signal processing, improving touch sensitivity and image processing. The evolution of wireless communication networks, such as 4G, 5G and long-term evolution (LTE), has further enhanced the demand for data converters for optical communication devices. This, along with the integration of the Internet of Things (IoT) with connected devices, is expected to contribute to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global data converter market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, sampling rate and application.
Breakup by Type:
Breakup by Sampling Rate:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Analog Devices Inc., Asahi Kasei Microdevices Corporation, Datel Inc. (Murata Manufacturing), Fujitsu Ltd., IQ-Analog Corporation, Maxim Integrated, Microchip Technology Inc., NXP Semiconductors N.V., ON Semiconductor, Renesas Electronics Corporation, STMicroelectronics, Synopsys Inc., Texas Instruments Incorporated, etc.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Sampling Rate, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Analog Devices Inc., Asahi Kasei Microdevices Corporation, Datel Inc. (Murata Manufacturing), Fujitsu Ltd., IQ-Analog Corporation, Maxim Integrated, Microchip Technology Inc., NXP Semiconductors N.V., ON Semiconductor, Renesas Electronics Corporation, STMicroelectronics, Synopsys Inc. and Texas Instruments Incorporated|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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