Global Data Converter Market 2017-2021
About Data Converter
In electronics, a data converter is integrated into the devices to convert the signal. Data converters convert two types of signals, namely analog and digital signals. The data converters help to enhance the processing and data transmission of the signals. For instance, computer hardware consists of a data converter, which converts the data into 0s and 1s, so that the operating system can understand the user data. There are two types of data conversions. They are
Technavio Announces the Publication of its Research Report – Global Data Converter Market 2017-2021
Technavio recognizes the following companies as the key players in the global data converter market: Analog Devices, Maxim Integrated, Microchip Technology, NXP Semiconductors, STMicroelectronics, and Texas Instruments
Other Prominent Vendors in the market are: ROHM Semiconductor, Synopsys, Renesas Electronics, and Fujitsu.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Adoption of data converter for military purposes. In military and defense application, data converters are used in various applications ranging from weapons, defense vehicles, communication systems, electronic warfare systems, and more. The defense sector is the first to adopt the technology to remain ahead of other nations. This is not just limited to development of technology but also allows a nation to make more revenue by selling the technology to other nations.”
According to the report, one of the major drivers for this market is Increased investment in telecom. To meet the growing demand for high-speed internet and increasing data consumption of the individual customers, both the telecom service providers and data center operators are investing huge capital in the network infrastructure as well as setting up data centers. This is a big growth driver for the data converter marker, as these data converters are essential components of the end products used in the telecom and data centers infrastructure. Data converters such as ADC and DAC are used in products ranging from switches, routers, servers, microwave radios, base stations, media gateways, nodeB, eNodeB, multiplexers, and more.
Further, the report states that one of the major factors hindering the growth of this market is Limitations in latency. Advanced data converters can perform computing at both high speed and high precision, which is difficult to implement by the data converter vendors because of the current technical limitation in the manufacturing process. There will always be a latency in the final circuitry of the data converter when compared to the theoretical data converter design, and this will hinder the performance of the data converters. For example, a conceptual model with a latency response of 2 ms will have a latency response of 5 ms in the final product, and this will affect the performance of the final data converters. The main challenge here is to either drastically reduce that latency value by tinkering with the designs but without compromising the quality of the data converters or by working around the latency by building capable hardware, which works along with the data converters that can eliminate the latency issue. Thus, the vendor's limitation in the latency issue decreases the data converter production.
Analog Devices, Maxim Integrated, Microchip Technology, NXP Semiconductors, STMicroelectronics, Texas Instruments, ROHM Semiconductor, Synopsys, Renesas Electronics, and Fujitsu.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook