Middle East & Africa Data Converter Market Forecast to 2030 - Regional Analysis - by Type, Resolution, Rate of Converter, and End user

Description

List of Tables

The Middle East & Africa data converter market was valued at US$ 352.31 million in 2022 and is expected to reach US$ 549.16 million by 2030; it is estimated to register a CAGR of 5.7% from 2022 to 2030.

Rising Demand for Data Converters in Wireless Communications Bolsters Middle East & Africa Data Converter Market

Wireless infrastructure service providers, mostly 4G and 5G service providers, focus on maintaining strict criteria for service quality, performance, and functionality. ADC is a crucial factor that digitalizes the incoming intermediate frequency (IF) signal and then transfers the data to the digital down converter (DDC). Data conversion block is another crucial factor in wireless infrastructure designs. Frequency filtering and translation can be moved from analog to digital domain to fulfill the increasing demand for a high bandwidth 5G spectrum.

Companies in the data converter market are engaged in creating solutions that can help in enhancing wireless applications. In August 2021, Richardson RFPD, Inc. announced the availability and full design support capabilities for two highly integrated high-speed converters from Analog Devices, Inc. The AD9081 and AD9082 mixed-signal front-ends combine high-performance analog and digital signal processing and enable designers to install multiband radios in the same footprint as single-band radios. By modifying more of the frequency filtering and translation from the analog to the digital domain, the AD9081/2 provides designers with the software reconfigurability to customize radios. In June 2023, Analog Devices announced the launch of Apollo MxFE, its most advanced software-defined, direct RF-sampling, wideband mixed-signal front-end platform. Apollo MxFE enables next-generation applications such as phased array radar, electronic surveillance, test and measurement, and 6G communications in the aerospace & defense, instrumentation, and wireless communications industries.

Companies such as Synopsis provide analog IP for broadband and wired communication SoCs. The data converter IP portfolio allows designers to bring mobile and wireless communication, including 5G and SoCs, to market. Synopsys solution for the baseband analog interface - Analog Front-End (AFE) is based on state-of-the-art data converter and PLL building blocks that will enable designers meet their specific application's requirements, reduce risk, and improve time-to-market. Thus, the increasing use and demand for data converters in wireless communication bolster the Middle East & Africa data converter market growth.

Middle East & Africa Data Converter Market Overview

The Middle East & Africa (MEA) data converter market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The region has a very strong automotive industry. Several foreign companies are investing in the region. For instance, in February 2024, Kia announced that it is planning to introduce its new "Platform Beyond Vehicle" (PBV) model in the MEA in 2026. Kia Middle East & Africa hosted an event to showcase the modular vehicles on February 20 and 21, 2024, at Banyan Tree, Bluewaters Island, Dubai.

The increasing domestic demand for high-end cars and a robust logistics sector in Dubai boost the market in the Middle East & Africa. In addition, the growing medical sector in Saudi Arabia is boosting the demand for data converters. The country accounts for ~60% of the healthcare expenditure of the Gulf Cooperation Council (GCC) countries. According to the International Trade Administration US Department of Commerce, in 2024, Under Vision 2030, the Saudi Arabian Government is planning to invest over US$ 65 billion to develop the country's healthcare infrastructure, reorganize and privatize health services and insurance, launch 21 "health clusters" across the country, and expand the provision of e-health services. Additionally, it aims to increase private sector contribution from 40-65% by 2030, targeting the privatization of 290 hospitals and 2,300 primary health centers, creating significant commercial opportunities for the US companies in Saudi Arabia's developing healthcare market. Therefore, the growing medical and automotive industry in the Middle East & Africa is predicted to pave the path for the development of more products that can make data conversion easy and quick. This aspect would positively impact the demand for data converters.

Middle East & Africa Data Converter Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Data Converter Market Segmentation

The Middle East & Africa data converter market is categorized into type, resolution, rate of converter, end user, and country.

Based on type, the Middle East & Africa data converter market is bifurcated ADC and DAC. The ADC segment held a larger market share in 2022.

By resolution, the Middle East & Africa data converter market is segmented into 10 bit, 12 bit, 14 bit, 16 bit, and others. The others segment held the largest market share in 2022. The 10 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The 12 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The 14 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The 16 bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps. The others bit segment is further sub segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1Gsps, and Above 1Gsps.

Based on rate of converter, the Middle East & Africa data converter market is segmented into Upto 50 Msps, 51 to 100 Msps, 101 to 200 Msps, 201 to 500 Msps, 501 Msps to 1 Gsps, and Above 1 Gsps. The 501 Msps to 1 Gsps segment held the largest market share in 2022.

In terms of end user, the Middle East & Africa data converter market is segmented into automotive, communications, consumer electronics, industrial, medical, and others. The consumer electronics segment held the largest market share in 2022.

By country, the Middle East & Africa data converter market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa data converter market share in 2022.

Analog Devices Inc, Asahi Kasei Microdevices Corp, Microchip Technology Inc, On Semiconductor Corp, Renesas Electronics Corp, STMicroelectronics NV, Teledyne Technologies Inc, and Texas Instruments Inc are some of the leading companies operating in the Middle East & Africa data converter market.

Product Code: BMIRE00027449

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Data Converter Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain

5. Middle East & Africa Data Converter Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Demand for Testing and Measurement by End Users
- 5.1.2 Rising Demand for Data Converters in Wireless Communications
- 5.1.3 Increasing Product Launches
5.2 Market Restraints
- 5.2.1 Complex Design of ADCs
5.3 Market Opportunities
- 5.3.1 Potential Use of IoT Devices and Data Consumption
- 5.3.2 Growing Use of Data Converters in Developing Advanced 5G Infrastructure
5.4 Future Trends
- 5.4.1 Rise of High-Speed Data Converters
5.5 Impact of Drivers and Restraints:

6. Data Converter Market - Middle East & Africa Analysis

6.1 Middle East & Africa Data Converter Market Revenue (US$ Million), 2020 - 2030
6.2 Middle East & Africa Data Converter Market Forecast Analysis

7. Middle East & Africa Data Converter Market Analysis - by Type

7.1 ADC
- 7.1.1 Overview
- 7.1.2 ADC: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
7.2 DAC
- 7.2.1 Overview
- 7.2.2 DAC: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Data Converter Market Analysis - by Resolution

8.1 10 Bit
- 8.1.1 Overview
- 8.1.2 10 Bit: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
8.2 12 Bit
- 8.2.1 Overview
- 8.2.2 12 Bit: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
8.3 14 Bit
- 8.3.1 Overview
- 8.3.2 14 Bit: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
8.4 16 Bit
- 8.4.1 Overview
- 8.4.2 16 Bit: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
8.6 Middle East & Africa Data Converter Market Revenue and Forecast to 2030 (US$ Mn) - Resolution, By Rate of Converter

9. Middle East & Africa Data Converter Market Analysis - by Rate of Converter

9.1 Upto 50 Msps
- 9.1.1 Overview
- 9.1.2 Upto 50 Msps: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
9.2 51 to 100 Msps
- 9.2.1 Overview
- 9.2.2 51 to 100 Msps: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
9.3 101 to 200 Msps
- 9.3.1 Overview
- 9.3.2 101 to 200 Msps: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
9.4 201 to 500 Msps
- 9.4.1 Overview
- 9.4.2 201 to 500 Msps: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
9.5 501 Msps to 1 Gsps
- 9.5.1 Overview
- 9.5.2 501 Msps to 1 Gsps: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Above 1 Gsps
- 9.6.1 Overview
- 9.6.2 Above 1 Gsps: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)

10. Middle East & Africa Data Converter Market Analysis - by End User

10.1 Automotive
- 10.1.1 Overview
- 10.1.2 Automotive: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
10.2 Communications
- 10.2.1 Overview
- 10.2.2 Communications: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
10.3 Consumer Electronics
- 10.3.1 Overview
- 10.3.2 Consumer Electronics: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Industrial
- 10.4.1 Overview
- 10.4.2 Industrial: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Medical
- 10.5.1 Overview
- 10.5.2 Medical: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)

11. Middle East & Africa Data Converter Market - Country Analysis

11.1 Overview
- 11.1.1 Middle East & Africa Data Converter Market Breakdown, by Key Countries, 2022 and 2030 (%)
  - 11.1.1.1 Middle East & Africa Data Converter Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 Saudi Arabia: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.2.1 Saudi Arabia: Middle East & Africa Data Converter Market Breakdown, by Type
    - 11.1.1.2.2 Saudi Arabia: Middle East & Africa Data Converter Market Breakdown, by Resolution
    - 11.1.1.2.3 Saudi Arabia: Middle East & Africa Data Converter Market Breakdown, by Rate of Converter
    - 11.1.1.2.4 Saudi Arabia: Middle East & Africa Data Converter Market Breakdown, by End-user
  - 11.1.1.3 United Arab Emirates: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.3.1 United Arab Emirates: Middle East & Africa Data Converter Market Breakdown, by Type
    - 11.1.1.3.2 United Arab Emirates: Middle East & Africa Data Converter Market Breakdown, by Resolution
    - 11.1.1.3.3 United Arab Emirates: Middle East & Africa Data Converter Market Breakdown, by Rate Of Converter
    - 11.1.1.3.4 United Arab Emirates: Middle East & Africa Data Converter Market Breakdown, by End-user
  - 11.1.1.4 South Africa: Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.4.1 South Africa: Middle East & Africa Data Converter Market Breakdown, by Type
    - 11.1.1.4.2 South Africa: Middle East & Africa Data Converter Market Breakdown, by Resolution
    - 11.1.1.4.3 South Africa: Middle East & Africa Data Converter Market Breakdown, by Rate Of Converter
    - 11.1.1.4.4 South Africa: Middle East & Africa Data Converter Market Breakdown, by End-user
  - 11.1.1.5 Rest of Middle East & Africa Data Converter Market - Revenue and Forecast to 2030 (US$ Million)
    - 11.1.1.5.1 Rest of Middle East & Africa Data Converter Market Breakdown, by Type
    - 11.1.1.5.2 Rest of Middle East & Africa Data Converter Market Breakdown, by Resolution
    - 11.1.1.5.3 Rest of Middle East & Africa Data Converter Market Breakdown, by Rate Of Converter
    - 11.1.1.5.4 Rest of Middle East & Africa Data Converter Market Breakdown, by End-user

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development

14. Company Profiles

14.1 Texas Instruments Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 STMicroelectronics NV
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Renesas Electronics Corp
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Analog Devices Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Asahi Kasei Microdevices Corp
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Microchip Technology Inc
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 On Semiconductor Corp
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Teledyne Technologies Inc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments

15. Appendix

15.1 Word Index
15.2 About The Insight Partners