PUBLISHER: The Business Research Company | PRODUCT CODE: 1465798
PUBLISHER: The Business Research Company | PRODUCT CODE: 1465798
High-speed data converters are essential electronic devices designed to rapidly convert analog signals to digital format or vice versa. These converters play a critical role in various applications, including telecommunications, wireless communication, and high-performance data acquisition systems. Their significance lies in facilitating fast and accurate signal conversion, ensuring efficient data processing. Notably, high-speed data converters are characterized by their capability to operate at elevated sampling rates, delivering precise digital representations of analog signals in real-time.
High-speed data converters encompass analog-to-digital converters (ADCs) and digital-to-analog converters (DACs). ADCs are instrumental in transforming continuous analog signals into precise discrete digital representations. They find widespread use in communication equipment and test and measurement instruments, enabling the accurate and swift capture of analog signals. The frequency band classifications comprise 125 MSPS to 1 GSPS, < 125 MSPS, and >1 GSPS, catering to various applications in consumer electronics, automotive, industrial, and other sectors.
The high-speed data converter research report is one of a series of new reports from The Business Research Company that provides high-speed data converter market statistics, including the high-speed data converter industry's global market size, regional shares, competitors with an high-speed data converter market share, detailed high-speed data converter market segments, market trends and opportunities, and any further data you may need to thrive in the high-speed data converter industry. This high-speed data converter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The high-speed data converter market size has grown strongly in recent years. It will grow from $3.21 billion in 2023 to $3.45 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The surge in the historical timeframe can be credited to a rising appetite for high-definition multimedia content, the widespread adoption of digital signal processing techniques, the expansion of telecommunications networks, and the emergence of Internet of Things (IoT) applications.
The high-speed data converter market size is expected to see strong growth in the next few years. It will grow to $4.57 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. Anticipated growth in the forecasted period is driven by factors such as the miniaturization of high-speed data converter components, a transition towards higher sampling rates and increased resolution, the adoption of advanced digital signal processing algorithms, a heightened emphasis on energy efficiency and low power consumption, and a growing focus on interoperability and standardization in data converter interfaces. Key trends expected in the forecast period include the integration of data converters in 5G infrastructure, the expansion of virtual reality (VR) and augmented reality (AR) applications, and the deployment of high-speed data converters in industrial automation and robotics.
The anticipated growth in the need for high-bandwidth communication systems is set to drive the expansion of the high-speed data converter market. High-bandwidth communication systems, capable of rapidly transmitting large volumes of data, are fueled by factors such as increasing data demands, advancements in technologies such as 5G and IoT, and the surging popularity of bandwidth-intensive applications and services. To efficiently process and transmit significant amounts of data, high-bandwidth communication systems rely on high-speed data converters. These converters play a crucial role in ensuring seamless communication by accurately converting between analog and digital signals. As of April 2023, global 5G wireless connections witnessed a 76% increase between the end of 2021 and the end of 2022, reaching 1.05 billion, with projections indicating a rise to 5.9 billion by the end of 2027. The growing demand for high-bandwidth communication systems is a key driver propelling the high-speed data converter market.
Prominent companies in the high-speed data converter market are actively concentrating on the development of advanced solutions to enhance performance and functionality. This includes innovations such as high-speed direct radio frequency (RF) data converters and physical layer (PHY) solutions. These solutions enable efficient and accurate conversion of analog radio-frequency signals to digital data for use in advanced communication systems. For instance, in September 2023, Socionext Inc., a Japan-based manufacturer specializing in the design and delivery of system-on-chip products, introduced a 7nm ADC and DAC for 5G direct RF transmitters and receivers, along with an advanced direct RF data converter PHY solution. Designed for 3GPP 5GNR/LTE and Wi-Fi network infrastructure in the FR1 and FR2 bands, this solution provides a full sub-6GHz instantaneous band and internal capability to allocate up to 1.6GHz of channel bandwidth, including carrier aggregation.
In August 2021, Analog Devices Inc., a US-based semiconductor company, successfully acquired Maxim Integrated Product Inc. for $20.8 billion. This strategic acquisition enhances Analog Devices' position as a leading high-performance analog semiconductor company while expanding its footprint in the industry. The integration of Maxim Integrated Products Inc., a US-based manufacturer specializing in high-speed analog-to-digital converters, strengthens the merged entity's revenue portfolio and engineering capabilities, positioning it to capitalize on significant growth trends within the semiconductor industry.
Major companies operating in the high-speed data converter market are Broadcom Inc., Texas Instruments Incorporated, STMicroelectronics N.V., NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, Integrated Device Technology Inc., ON Semiconductor Corporation, Microchip Technology Inc., Teledyne Technologies Incorporated, Keysight Technologies, Rohm Co. Ltd., Maxim Integrated Products Inc., Yokogawa Test & Measurement Corporation, Cirrus Logic Inc., National Instruments Corporation, Linear Technology, Mercury Systems Inc., Cohu Inc., Semtech Corporation, Lattice Semiconductor Corporation, Cobham Advanced Electronic Solutions Inc., ADLINK Technology Inc., Silicon Laboratories Inc., Inphi Corporation
Asia-Pacific was the largest region in the high-speed data converter market in 2023. The regions covered in the high-speed data converter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the high-speed data converter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The high-speed data converter market consists of sales of voltage-to-frequency converters (VFCs), frequency-to-digital converters (FDCs), successive approximation register (SAR) ADCs, time-interleaved analog digital converters, and pipeline analog digital converters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
High-Speed Data Converter Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on high-speed data converter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for high-speed data converter ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The high-speed data converter market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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