New Forecast Shows Global Market for Data Converters will Bounce Back from Recession to Reach Over $4.5 Billion by 2017
FARMINGTON, Conn., Aug. 23, 2012 /PRNewswire-iReach/ — The global market for semiconductor components is picking up headlines as consumers demand faster chips for their smartphones and tablets, and as manufacturers serve up faster, more energy efficient processors. Databeans, a Nevada-based market research firm focused on the semiconductor and electronics industries, offers 18 subscription services along with 52 syndicated reports and 2 database tools to help businesses, researchers, and engineers confront such a massive market. Databeans provides intelligent market research services to both developers and manufacturers.
Global Information Inc is pleased to offer, in cooperation with Databeans, these new market analyses:
Worldwide Data Converter Market Forecast
Showing just modest improvement in revenue growth from 2011, 2012 will be another flat year for data converters. Major suppliers will be looking for more attractive opportunities in year 2013 with higher demand expected to come from the Asia Pacific region, led by increased consumption from the communications and industrial markets especially, which are expected to see much stronger growth for next year.
According to a new data converters market forecast from Databeans, the market in 2012 will rise just 2% over 2011, and will perform slightly under the overall market rate of growth for standard analog components. However, much higher growth is expected for 2013, as this forecast predicts more growth for the analog semiconductors market overall.
Data converter design remains focused upon improving sampling rate and resolution performance characteristics while at the same time reducing power consumption. These are two very important attribute areas in fulfilling the requirements of the latest portable and battery-powered devices found in communications, the computing market, the industrial segments, and in medical electronics. Portable electronic equipment has become more desirable all over the world and especially in the emerging markets. Also the increased use of sensors in electronic equipment design has raised the level of requirements for signal processing ICs such as data converters.
A summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/data244527-2012-data-converters.html
2012 Timing Devices Market Tracker
For users who need more regular, specific, detailed forecasting data, Databeans’ quarterly Data Converters market tracker offers worldwide semiconductor revenue forecasts by product; both annual and quarterly data converter forecasts, worldwide ADC and DAC market forecasts; and more.
Despite the rapid innovation that is taking place in data converter design, the market as a whole declined in 2011. This was generally viewed as a temporary setback, however, and most suppliers are united in their belief that 2012 will mark a rebound for data converter sales. This will be boosted by the increasing sophistication of consumer, wireless, and PC products as Apple, Google, Microsoft, and other market participants push new, innovative devices that require more demanding signal conversion technology. Indeed, the chips that manage this signal conversion are the very same that in most instances define the high performance capabilities of the cutting edge technology products that consumers have come to love.
A summary for this report and a free sample of the full document are available at http://www.giiresearch.com/annual/data236920-2012-data-converter-market-tracker.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
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SOURCE Global Information, Inc.