The Data Converter Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Data Converter Global Market Report 2024, The data converter market size has grown strongly in recent years. It will grow from $4.44 billion in 2023 to $4.84 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to expansion of mobile and consumer electronics, rise of internet of things (IoT), demand for high-performance computing, increasing bandwidth requirements, automotive electronics evolution.
The data converter market size is expected to see strong growth in the next few years. It will grow to $6.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to emergence of edge computing, rapid growth in electric vehicles (EVs), integration in advanced medical devices, focus on energy efficiency. Major trends in the forecast period include 5G technology implementation, technological convergence, advancements in communication technologies, integration of high-speed data converters, rise of wideband and software-defined radio (SDR) applications.
The growing demand for high-resolution images in scientific and medical applications is expected to propel the growth of the data converter market. High-resolution images are used in medical image processing. Medical image processing is the use and investigation of 3D image files of the human body, often collected from a Computed Tomography (CT) or Magnetic Resonance Imaging (MRI) scanner, to diagnose disorders, guide medical procedures such as surgery planning, or for research reasons. The data converter plays a vital role in meeting the demand for medical imaging devices in terms of image quality, pixel density, accuracy, linearity, and noise. According to GE Healthcare, medical imaging accounts for more than 90% of healthcare data. Therefore, the increasing usage of high-resolution imaging devices in medical applications outfitted with data converters is driving the data converter market growth.
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The data converter market covered in this report is segmented –
1) By Type: Analog-To-Digital Converters, Digital-To-Analog Converters
2) By Sampling Rate: High-Speed Data Converters, General-Purpose Data Converters
3) By Rate Type: 1Gsps To 5Gsps, 5Gsps To 200Gsps
4) By Application: Communications, Automotive, Consumer Electronics, Industrial Process Control And Automation, Medical, Testing And Measurement, Other Applications
Major companies operating in the data converter market are launching new data conversion tools to increase their profitability in the market. Data conversion tools are software or utilities that transform data by altering its format, structure, encoding, or presentation to ensure compatibility with diverse systems, applications, or storage formats. For instance, in September 2022, Glencoe Software, a US-based scientific image data management solution provider launched NGFF-Converter, tailored for scientists handling vast bioimaging datasets, like those in digital pathology. The NGFF-Converter is an open-source tool that transforms bioimage formats into cloud-compatible data formats, such as OME-NGFF or OME-TIFF. The OME-NGFF format, designed for efficient storage in the cloud, enhances analysis of multi-dimensional bioimaging data. The user-friendly NGFF-Converter, downloadable on Windows and MacOS, is a key element in Glencoe's commitment to revolutionize scientific image data management. This initiative aims to streamline and scale data workflows in academic and industrial research.
The data converter market report table of contents includes:
- Executive Summary
- Data Converter Market Characteristics
- Data Converter Market Trends And Strategies
- Data Converter Market - Macro Economic Scenario
- Global Data Converter Market Size and Growth
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- Global Data Converter Market Competitive Benchmarking
- Global Data Converter Market Competitive Dashboard
- Key Mergers And Acquisitions In Data Converter Market
- Data Converter Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Continental AG
- Mitsubishi Electric Corp.
- Sumitomo Electric Industries Ltd.
- Asahi Kasei Corporation
- Texas Instruments Incorporated
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Data Converter Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Data Converter industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Data Converter manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Data Converter market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Data Converter industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Data Converter industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Data Converter Industry before evaluating its feasibility.Key Benefits for Data ConverterMarket:This study includes the global Data Convertermarket analysis, trends, and future estimations to determine the imminent investment pockets.The report presents information related to key drivers, restraints, and global Data Convertermarket opportunity.The global Data Convertermarket size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the Data Converterindustry.Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-data-converter-2019-2024-226There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Data Converter as well as some small players.
At least 10 companies are included: Analog Devices Texas Instruments Maxim Integrated Cirrus LogicTo know more competitorThe information for each competitor includes: Company Profile Main Business Information SWOT Analysis Sales, Revenue, Price and Gross Margin Market ShareFor product type segment, this report listed main product type of Data Converter market in gloabal and china.
Analog-to-Digital Converters Digital-to-Analog ConvertersFor end use/application segment, this report focuses on the status and outlook for key applications.
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