Data Converter Market Research Report, 2017-2024
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Posted On: 12/26/2017 1:13:11 AM
Data Converter Market in APAC is anticipated to witness a substantial growth during the forecast timeline. Countries, such as China, Japan, Taiwan, and South Korea, will contribute majorly to the growth as it is a key manufacturing hub for smart devices, computers, and laptops. In addition, the presence of several semiconductor companies in the region has stimulated the data converter market growth.
Data Converter Market size is anticipated to grow substantially over the forecast time span owing to the rising demand for high-resolution images in healthcare applications, growing demand for test and measurement solutions, and the rising adoption of innovative data acquisition systems. These systems are being majorly used in industrial, automotive, medical imaging, and telecom applications. The adoption of IoT, penetration of connected devices, and the growing digitization in the industrial sectors will globally provide an impetus for the data converter market.
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The substantial growth of data converter market can also be attributed to the high demand and integration of smart devices such as tablets and smartphones. These devices are implementing these converters for video calling, network signal processing, touch sensitivity, call signal, and image processing uses. Leading companies, such as Apple, Inc., LG Corporation, Nokia Corporation, Samsung Electronics, Co., Ltd., and Sony Corporation, are using these converters in their Test & Measurement (T&M) applications.
A key factor hampering the data converter market growth is the restrictions on latency. Advanced solutions perform computing at high precision and speed and it is difficult to implement the System on Chips (SOC) owing to the technical limitations in the manufacturing processes. The final circuit of the system will always have the latency in comparison to the theoretical design and will hamper the performance. Moreover, the manufacturing sector is not using these SOCs owing to the lack of knowledge about the placement of converter in smart devices.
Based on the end-use industry, the data converter market is classified into test & measurement (T&M), healthcare, industrial, consumer electronics, telecom, and automotive sectors. The telecom sector is witnessing an increase in investments to meet the rising demand for growing data consumption and high-speed internet from enterprises and consumers. Data center operators and telecom service providers are investing a high capital in setting up data centers and network infrastructure respectively as converters are the vital components of the manufactured products, propelling the data converter market growth.
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Companies operating in the data converter market are Analog Devices, Inc., Asahi Kasei Microdevices Corporation, Avia Semiconductor (Xiamen) Co., Ltd., Cirrus Logic, Inc., Datel, Faraday Technology Corporation, Honeywell International, Inc., Intersil, IQ-Analog Corporation, Maxim Integrated, MaxLinear, Micro Analog, Inc., Microchip Technology, Inc., Microsemi Corporation, National Instruments Corporation, NXP Semiconductors N.V., Nuvoton Technology Corporation, Nisshinbo Holdings, Inc., On Semiconductor, ROHM Semiconductor, Silicon Laboratories, Inc., STMicroelectronics, and Texas Instruments, Inc. Companies are increasingly focusing on innovative strategies such as agreements, collaborations, mergers and acquisitions, and product developments and promotions to expand their regional presence and improve the product offerings.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Data Converter Market size is anticipated to grow substantially over the forecast time span owing to the rising demand for high-resolution images in healthcare applications, growing demand for test and measurement solutions, and the rising adoption of innovative data acquisition systems. These systems are being majorly used in industrial, automotive, medical imaging, and telecom applications. The adoption of IoT, penetration of connected devices, and the growing digitization in the industrial sectors will globally provide an impetus for the data converter market.
Request Detailed Table of Contents of this Report @ https://www.gminsights.com/request-sample/detail/2280
The substantial growth of data converter market can also be attributed to the high demand and integration of smart devices such as tablets and smartphones. These devices are implementing these converters for video calling, network signal processing, touch sensitivity, call signal, and image processing uses. Leading companies, such as Apple, Inc., LG Corporation, Nokia Corporation, Samsung Electronics, Co., Ltd., and Sony Corporation, are using these converters in their Test & Measurement (T&M) applications.
A key factor hampering the data converter market growth is the restrictions on latency. Advanced solutions perform computing at high precision and speed and it is difficult to implement the System on Chips (SOC) owing to the technical limitations in the manufacturing processes. The final circuit of the system will always have the latency in comparison to the theoretical design and will hamper the performance. Moreover, the manufacturing sector is not using these SOCs owing to the lack of knowledge about the placement of converter in smart devices.
Based on the end-use industry, the data converter market is classified into test & measurement (T&M), healthcare, industrial, consumer electronics, telecom, and automotive sectors. The telecom sector is witnessing an increase in investments to meet the rising demand for growing data consumption and high-speed internet from enterprises and consumers. Data center operators and telecom service providers are investing a high capital in setting up data centers and network infrastructure respectively as converters are the vital components of the manufactured products, propelling the data converter market growth.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2280
Companies operating in the data converter market are Analog Devices, Inc., Asahi Kasei Microdevices Corporation, Avia Semiconductor (Xiamen) Co., Ltd., Cirrus Logic, Inc., Datel, Faraday Technology Corporation, Honeywell International, Inc., Intersil, IQ-Analog Corporation, Maxim Integrated, MaxLinear, Micro Analog, Inc., Microchip Technology, Inc., Microsemi Corporation, National Instruments Corporation, NXP Semiconductors N.V., Nuvoton Technology Corporation, Nisshinbo Holdings, Inc., On Semiconductor, ROHM Semiconductor, Silicon Laboratories, Inc., STMicroelectronics, and Texas Instruments, Inc. Companies are increasingly focusing on innovative strategies such as agreements, collaborations, mergers and acquisitions, and product developments and promotions to expand their regional presence and improve the product offerings.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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