TMCnet News

High-speed Data Converter Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™
[January 10, 2024]

High-speed Data Converter Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 10, 2024 /PRNewswire/ -- The high-speed data converter market was valued at USD 3.0 billion in 2022 and is projected to reach USD 4.3 billion by 2028; it is expected to grow at a CAGR of 6.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors accelerating the growth of the high-speed data converter market are the growing demand for high-resolution images in scientific and medical applications, rising demand for test & measurement (T&M) solutions by end users, and increasing adoption of technologically advanced data acquisition systems.

MarketsandMarkets Logo

Download PDF Brochure:

Browse in-depth TOC on "High-speed Data Converter Market
134 – Tables
66 – Figures
191 – Pages

High-speed Data Converter Market Report Scope:

Report Coverage


Market Revenue in 2022

$ 3.0 billion

Estimated Value by 2028

$ 4.3 billion

Growth Rate

Poised to grow at a CAGR of 6.4%

Market Size Available for


Forecast Period


Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, Frequency Band, Application and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Development of low-power consumption high-speed data converters

Key Market Opportunities

Rapid adoption of IoT devices and data consumption

Key Market Drivers

Rising demand for test & measurement solutions by end users

Analog-to-digital converter segment to account for the largest share during the forecast period.

Analog-to-digital converter holds the largest market share and is expected to retain its position during the forecast period by growing at the highest growth rate. The increasing penetration of IIoT in the industrial sector, the growth potential of industrial control and factory automation, and the rising demand for programmable logic controllers (PLCs) are expected to generate the demand for analog-to-digital converters.

Medical application segment in Asia Pacific region to account for the largest share during the forecast period.

The medical application holds the largest market share in the Asia Pacific region and is expected to retain its position during the forecast period. Asia Pacific is witnessing a surge in the adoption of advanced medical imaging technologies like MRI, CT scans, ultrasound, and digital X-ray. These modalities rely heavily on high-speed data converters for high-fidelity signal acquisition and conversion, leading to more accurate diagnoses, better treatment planning, and improved patient outcomes. Also, the Asia Pacific region is at the forefront of adopting telemedicine and remote healthcare solutions. These technologies rely on high-speed data transmission and conversion for real-time patient monitoring, remote consultations, and data analysis. This creates a significant demand for high-speed data converters with low latency and high accuracy.

Inquiry Before Buying:

North America holds the second-largest market share throughout the forecast period.

North America is likely to account for the second-largest market share of the overall high-speed data converter industry during 2023 to 2028. End users in North America are widely using test & measurement solutions for the better delivery of video, audio, and data services. The growing demand for test & measurement equipment is expected to be one of the key drivers for the growth of the high-speed data converter market in North America. The developed medical equipment manufacturing industry is also expected to generate the demand for high-speed data converters in the coming years.

Key Players

The report profiles key high-speed data converter companies players and analyzes their market shares. Players profiled in this report are Texas Instruments Incorporated (US); Analog Devices, Inc. (US); Infineon Technologies AG (Germany); Microchip Technology Inc. (US); STMicroelectronics (Switzerland); Teledyne Technologies Incorporated (US); ROHM CO., LTD. (Japan); Renesas Electronics Corporation (Japan); Synopsys, Inc. (US); ADSANTEC (US), are some major players. 

Get 10% Free Customization on this Report:

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Data Converter Market by Type (Analog-to-Digital Converters, Digital-to-Analog Converters), Sampling Rate (High-Speed Data Converters, General-Purpose Data Converters), Application and Region (North America, Europe, APAC, RoW) - Global Forecast to 2028

Integrated Passive Devices Market by Material (Silicon, Glass), Passive Devices, Application (ESD/EMI, RF IPD, Digital & Mixed Signals), Wireless Technology (WLAN, Bluetooth, GPS, Cellular), End Use Industry, and Geography - Global Forecast to 2023

5G Infrastructure Market by Communication Infrastructure (Small Cell & Macro Cell), Core Network (SDN & NFV), Network Architecture (Standalone & Non-standalone), Operational Frequency (Sub 6GHz & Above 6GHz), End User & Geography - Global Forecast to 2027

System in Package Market by Packaging Technology (2D IC, 2.5D IC, 3D IC), Package Type (BGA, SOP), Packaging Method (Flip Chip, Wire Bond), Device (RF Front-End, RF Amplifier), Application (Consumer Electronics, Communications) - Global Forecast to 2023

5G Chipsets Market Size, Share and Industry Growth Analysis Report by Type (Modems, RFICs), Frequency (Sub - 6 GHz, 24 - 29 GHz, Above 39 GHz), Process Node (Less than 10 nm, 10 to 28 nm, Above 28 nm), End-use (Telecommunication Infrastructure, Mobile Devices) and Region - Global Growth Driver and Industry Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site:
Research Insight:
Content Source:



Cision View original content:

[ Back To's Homepage ]