This Data Converters market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Data Converters market.
The market for Data Converters is increasing due to high adoption and integration of smart devices with Data Converters. The smart data converters helps in managing additional system functions, and allow designer to use most cost effective data processors along with making programming easier to improve overall system performance.
It is expected in coming year or two the quick expansion of advanced sensor in parallel with converter core technology development and the continuous movement towards adjustable power features in the data converter are helping this data converter market to grow.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Data Converters Market: Drivers and Challenges
The major factor driving the adoption of data converters is the increasing usage of smart devices among individuals. Users are demanding high speed data converters which can be employed in electronic warfare. Moreover, users are adopting low power consuming data converters as these helps in saving battery life of smart devices.
The key challenge for data converters is the lack of knowledge about the usage of it in growing smart devices. Companies are using these data converters for conversion of data for basic functions in smart devices such as video calling, video streaming, image capture and touch sensing. The smart device manufacturers in developing regions are not using these data converters due to less availability and lack of knowledge.
Data Converters Market: Segmentation
In March 2016, MegaChips Corporation has selected Data Converter IP, a solution from S3 group based Magellan portfolio. These high speed data converters provide optimal performance targeted for highly integrated connected consumer SoC’s, such as those requiring LTE-A, WiFi (802.11x), DVB or next generation DSL connectivity.
In September 2016, ABB, a data converter company has launched power converter diagnostic tool for controlling higher uptime. The software tool helps optimize service and maintenance costs over the power converter’s life cycle and reduces costly emergency repair. The tool continuously monitors the status of the power converter system and respondswith predefined diagnostic actions such as data collection, processing and reporting when changes occurs.
North America is holding the largest market share currently for Data Converter market due high adoption of smart devices among enterprises in U.S. to improve the functions of smart devices such as video calling, HD calling and others. Companies are also working towards the enhancement of Data Converters solutions with the partnerships in this market to increase market opportunities. In Europe region, the market for Data Converters is witnessing high growth rate due to presence of large number of smart devices service providers on real time.
The report covers exhaustive analysis on:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
Unique Requirements? Customize this Report
- Customize by Region, Country, Application, Product, & other segments
- Integrate our Insights with your Existing Data
- Determine the scope of the study to suit your requirements
Let FMI Help You!
- Gain Insights on Key Data Converters Market Impacting Forces
- Know the Winning Strategies of Market Leaders
- Get Deep-Dive Analysis on Each Segment
- Identify the Sources that will Drive Top-Line Revenue
Segmentation on the basis of type:
- High Speed Data Converter
- Standard Data Converter
Segmentation on the basis of Industry:
- Consumer Electronics
Data Converters Market Segments
- Market Dynamics
- Historical Actual Market Size, 2016
- Market Size & Forecast 2017 to 2027
- Value Chain
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Market Drivers and Restraints
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.