PUBLISHER: BCC Research | PRODUCT CODE: 1487488
PUBLISHER: BCC Research | PRODUCT CODE: 1487488
The global market for high-speed data converters is expected to grow from $3.2 billion in 2024 and is projected to reach $4.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024 to 2029.
The global market for high-speed data converters for analog to digital (ADC) is expected to grow from $2.1 billion in 2024 and is projected to reach $2.7 billion by the end of 2029, at a CAGR of 5.8% during the forecast period of 2024 to 2029.
The global market for high-speed data converters for digital to analog (DAC) is expected to grow from $1.2 billion in 2024 and is projected to reach $1.5 billion by the end of 2029, at a CAGR of 4.8% during the forecast period of 2024 to 2029.
Electronic equipment is widely used in modern life for various purposes, e.g., from communication devices to car-entertainment systems. Analog to digital (ADC) and digital to analog (DAC) converters are crucial components of such equipment. ADC converts analog signals into digital signals, allowing them to be processed by digital equipment, while DAC converts processed digital signals back into analog signals for output. High-speed data converters, comprising both ADC and DAC, play a crucial role in modern electronic systems, bridging the gap between the analog and digital worlds.
The term "high-speed" in relation to data converters generally refers to converters operating at speeds significantly faster than those of general-purpose converters. Although the idea of "high-speed" can be relative and may change over time, as of now, it generally pertains to ADCs and DACs with sampling rates ranging from five mega samples per second (MSPS) to several giga samples per second (GSPS). These high-speed converters are specifically designed for applications that necessitate rapid conversion of analog and digital signals.
This report gives an overview of the global market for high-speed data converters and examines market trends. It includes historical data from 2021-2022, uses 2023 as the base year and projects data from 2024 through 2029. The report analyzes the global market revenue ($ million) and volume (thousand units) in terms of segments (type, frequency band and industry) and regions (North America, Europe, Asia-Pacific and the Rest of the World).
The report also examines the key trends and challenges driving the market and the companies operating within it. It analyzes environmental, social, and corporate governance (ESG) developments, patents, and emerging technologies in the high-speed data converters market. It also surveys the competition among major players and provides profiles of leading companies in the market.