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High-Speed Data Converter Market Poised to Reach $4.2 Billion by 2029: Growing Demand Driven by 5G Infrastructure and IoT Adoption

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The high-speed data converter market is booming with the demand for faster data processing across industries. Advanced solutions are crucial for tech leaders amid the rise of 5G, autonomous vehicles, and IoT.

BOSTON, June 5, 2024 /PRNewswire/ — According to the latest BCC Research study, the demand for The global market for high-speed data converters is expected to grow from $3.2 billion in 2024 and is projected to reach $4.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2024 to 2029.

High-speed data converters, crucial for modern electronic systems, facilitate the rapid transformation of analog signals to digital and vice versa. These converters, operating at sampling rates from five mega samples per second (MSPS) to several giga samples per second (GSPS), are essential in applications requiring swift signal processing. The global market for high-speed data converters, covering ADCs and DACs, is analyzed in terms of revenue and volume across various segments and regions, with historical data from 2021–2022 and projections through 2029. The report explores market trends, challenges, and competition, profiling leading companies and examining the impact of environmental, social, and corporate governance (ESG) factors, patents, and emerging technologies in this sector.

Please click here for more details about “The Global Market for High-Speed Data Converters Report”.

The global market for high-speed data converters is driven by the following factors:

Increased Consumer Electronics Demand: High-speed data converters are crucial for faster data processing in devices like smartphones and gaming consoles, meeting user expectations for seamless connectivity and enhanced features.

Medical Imaging Advancements: In medical imaging technologies like MRI and CT scans, high-speed converters ensure precise signal processing, supporting advanced diagnostic capabilities as healthcare facilities upgrade their equipment.

Autonomous Vehicle Development: Autonomous vehicles depend on real-time data processing for navigation and collision avoidance. High-speed converters are vital in converting sensor data into actionable information for safe and efficient operations.

Wireless Communication Growth: The expansion of 5G networks drives the demand for high-speed converters, facilitating efficient data transmission between network components and supporting high-definition video streaming and IoT connectivity.

IoT Device Integration: High-speed converters enable accurate data measurement and communication within IoT devices, supporting industries as they adopt IoT solutions for improved efficiency and connectivity.

Request a Sample Copy of  The global market for high-speed data converters Report.

Report Synopsis 

Report Metrics

Details

Base year considered

2023

Forecast Period considered

2024-2029

Base year market size

$3.1 billion

Market Size Forecast

$4.2 billion

Growth rate

CAGR of 5.4% for the forecast period of 2024-2029

Segment Covered

Type, Frequency Band, Industry, and Region

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World (RoW)

Countries covered

China, India, Japan, U.S., Canada, Mexico, Germany, U.K., France, South America, and Africa

Key Market Drivers

 

Increased demand from the consumer electronic industry. Widespread adoption of medical imaging applications. Rise of autonomous vehicles. Advancements in wireless communications. Increasing use of Internet of Things (loT) devices.

Some interesting details on the global market for high-speed data converters:

According to the GSMA’s The Mobile Economy 2024 report, 5G connections are expected to represent over half (51%) of mobile connections by 2029, increasing to 56% by the end of the decade, making 5G the dominant connectivity technology.Leading markets such as the GCC states, developed Asia-Pacific, North America, and Greater China are anticipated to lead 5G adoption due to expanded network coverage, increased marketing efforts, and the availability of 5G devices.In 2023, high-speed ADCs emerged as a significant market contributor with a 63.7% share of total revenue, underlining their crucial role in converting real-world signals like temperature, pressure, acceleration, and speed into digital signals.Manufacturers are focusing on creating ADCs that consume less power while maintaining high performance, making them ideal for IoT devices, wearables, and mobile electronics.The Chinese government plans to boost its economy by increasing the availability of high-end electronic devices to stimulate consumer spending, aiming for 5G mobile phone shipments to make up over 85% of the domestic market by 2024.China’s consumer electronics sector has experienced steady growth, with leading computer, communication, and electronic device manufacturers.

The high-speed data converter market worldwide The report includes in-depth data and analysis addressing the following important queries:

What is the high-speed data converter market’s projected market size and growth rate?
The global high-speed data converters market was valued at $3.1 billion in 2023 and will reach $4.2 billion by 2029, with a CAGR of 5.4% during the forecast period i.e. 2024-2029.What are the key factors driving the growth of the global high-speed data converter market?
The high-speed data converters market is rapidly expanding due to increased demand from the consumer electronics industry, widespread adoption of medical imaging applications, and a growing need for instrumentation.By product type, which segment will dominate the market by the end of 2028?
In 2023, the ADC segment accounted for about 63.7% of revenue share and is expected to remain highest throughout the forecast period driven by their increasing use across industries like telecommunications, instrumentation and measurement, sensor-based systems, and control systems.Which region has the highest market share in the global high-speed data converter market?
In 2023, total revenue from the Asia-Pacific high-speed data converters market reached $1.9 billion, which is around 61.9% of the global market. This growth is driven by the increasing demand for advanced technologies in consumer electronics like smartphones and PCs, as well as government investments in semiconductor manufacturing, focus on 5G networks and the growing number of IoT devices.

Some of the Key Market Players Are:

ADVANCED MICRO DEVICES INC.AMS-OSRAM AGANALOG DEVICES INC.ATOM SEMICONDUCTOR TECHNOLOGIES LTD.CISSOIDINTEL CORP.MICROCHIP TECHNOLOGY INC.OMNI DESIGN TECHNOLOGIES INC.RENESAS ELECTRONICS CORP.STMICROELECTRONICS N.V.SYNOPSYS INC.TELEDYNE TECHNOLOGIES INC.TEXAS INSTRUMENTS INC.

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Global IoT Chips Market: This report provides a comprehensive overview of the global IoT chips market, including an analysis of market size and a detailed examination of products and strategies employed by key players. Using 2022 as the base year, it offers estimated market data from 2023 to 2028, with revenue forecasts segmented by hardware, power consumption, end-use industry, and geography. The report delves into significant driving trends and challenges affecting the market and vendor landscape, and it also discusses the impacts of COVID-19 and the RussiaUkraine war on the market. The report concludes with detailed profiles of major market players, providing insights into their strategies and market positions.

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

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Email: info@bccresearch.com,
Phone: +1 781-489-7301

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Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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Stop Overpaying for Commercial Energy! Here’s How Your Business Can Cut Costs Today

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Bid On Energy Helps Businesses Secure Lower Commercial Energy Rates and Control Operating Costs

LEWES, Del., Nov. 9, 2024 /PRNewswire-PRWeb/ — As commercial energy rates continue to rise, businesses are feeling the pressure on their operating costs. Many companies are unknowingly overpaying for energy, despite better options available in deregulated markets. Bid On Energy, a leading commercial energy consultant platform, is here to change that. By using a unique auction-based approach, Bid On Energy enables businesses to access the best commercial electricity and commercial natural gas rates, helping them save money and stay competitive.

“Our mission is to simplify energy procurement so businesses can secure the best possible rates without spending hours negotiating or comparing options. With Bid On Energy, they can save on their bottom line with a few simple steps.” said Alan, CEO at Bid On Energy.

Why Businesses are Overpaying – And How Bid On Energy Can Help

In today’s volatile energy market, commercial rates can vary significantly depending on the supplier and contract terms. For businesses relying on traditional energy providers, these variations often mean higher costs and inflexible contracts. Bid On Energy offers a straightforward solution, using a transparent bidding platform that gives businesses access to competitive rates from a range of suppliers. This process drives suppliers to offer their best prices, allowing companies to lock in affordable energy rates tailored to their needs.

“Many business owners don’t realize they have a choice when it comes to their energy supplier,” said Alan, CEO at Bid On Energy. “Our mission is to simplify energy procurement so businesses can secure the best possible rates without spending hours negotiating or comparing options. With Bid On Energy, they can save on their bottom line with a few simple steps.”

How It Works: Competitive Bidding for Energy Savings – The Bid On Energy platform guides businesses through a simple four-step process:

Step 1. Energy Needs Assessment: Businesses share their energy needs and usage patterns with Bid On Energy’s team, helping to identify the most cost-effective supplier options.

Step 2. Supplier Bidding: Bid On Energy hosts a reverse auction, allowing energy suppliers to compete by submitting their best rates and contract terms.

Step 3. Transparent Comparison: Businesses can easily compare rates, contract lengths, and other terms from multiple suppliers in real-time.

Step 4. Seamless Transition: After selecting a supplier, Bid On Energy assists with contract finalization and transition, ensuring a smooth experience and ongoing support.

This approach not only provides cost savings but also makes the energy procurement process easier and more efficient for businesses of all sizes.

A Real Solution for Managing Energy Expenses – In an era where energy costs are rising and businesses are looking for every possible advantage to manage expenses, Bid On Energy provides a crucial service. By offering expert guidance, risk management, and flexible contract options, Bid On Energy gives businesses control over their energy expenses, making it easier to predict and plan for the future.

Stop overpaying for commercial energy today! Businesses ready to reduce their energy costs and take advantage of competitive bidding can learn more by visiting Bid On Energy’s website and scheduling a free consultation. With Bid On Energy, the savings start with a single step. Visit https://BidOnEnergy.org or contact their team at (302) 360-8110 to see how much your business could save.

About Bid On Energy

Bid On Energy is a commercial energy consultant that connects businesses with competitive rates for electricity and natural gas. Using an auction-based platform, Bid On Energy empowers businesses to secure the best rates, optimize energy expenses, and streamline procurement. Serving industries such as manufacturing, healthcare, retail, and real estate, Bid On Energy is committed to helping businesses thrive in today’s deregulated energy markets.

Contact:

Bid On Energy

Phone: (302) 360-8110

Website: https://BidOnEnergy.org

Media Contact

Alan, Bid On Energy – Commercial Electricity, 1 3023608110, admin@bidonenergy.org, https://bidonenergy.org/

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SOURCE Bid On Energy – Commercial Electricity

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CloudOne Digital Appoints Packet Cofounder and Former Equinix Executive Zach Smith to Board of Directors to Drive Growth in Bare Metal and Hybrid-Cloud Solutions

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ATLANTA, Nov. 9, 2024 /PRNewswire/ — CloudOne Digital, a leader in cloud-based infrastructure solutions, proudly announces the appointment of Zachary Smith to its Board of Directors. With a storied career including impactful roles at Packet and Equinix, Smith brings extensive expertise in building and scaling cloud infrastructure, especially in high-performance bare metal platforms. Smith joins CloudOne Digital to advance the company’s suite of solutions, catering to mid-sized businesses across tech, ecommerce, healthcare, gaming, and professional services.

The demand for cloud and bare metal solutions continues to surge, valued at USD 8.44 billion in 2023 and is projected to grow at a CAGR of 23.9% from 2024 to 2030 (Grand View Research). This growth will be fueled by the rapidly increasing need for high performance compute, further adoption of cloud hosting, and the growing demand for artificial intelligence (AI) and machine learning (ML) capable infrastructure. Carlo Padovano, Managing Director at One Equity Partners, says “We couldn’t be more excited to welcome Zachary to our team. He’s an invaluable leader to help us capitalize on the growth opportunities within bare metal and cloud hosting.”

For over 20 years, Smith has been a leader in the digital infrastructure and cloud computing ecosystem. Smith started his career as an early partner at New York-based Voxel dot Net, a Linux-based cloud and software platform sold to Internap in 2011. In 2014, he co-founded Packet to empower technology-enabled enterprises with automated bare metal compute capabilities. Backed by SoftBank, Dell Technologies, Third Point, and Battery Ventures, the business became the leader in bare metal compute automation and was acquired by Equinix in March 2020. Smith led the strategy, product, and integration efforts for Equinix’s bare metal compute and edge services platform until he left the company in early 2023.

Jim Geiger, Chief Executive Officer of CloudOne Digital, comments, “Zach’s wealth of experience and pioneering approach to infrastructure solutions perfectly align with our goal of becoming the preferred provider for businesses taking the next step with their critical infrastructure, digital platforms, and hybrid cloud needs. His expertise will undoubtedly help propel CloudOne Digital’s vision of being a leader in the multi-cloud world.”

“CloudOne Digital is building a breadth of cloud and bare metal solutions that is unmatched in the marketplace,” says Smith. “Joining an ambitious team to build a product suite that will grow mid-market and enterprise businesses is exciting. CloudOne Digital empowers businesses to deploy data-intensive applications with greater efficiency and scalability, transforming what’s possible in the digital era.”

“We’re thrilled to have someone of Zachary’s caliber and expertise join our team at CloudOne Digital. His expertise in driving scale via bare metal technology aligns perfectly with our mission to empower businesses with reliable, secure, and innovative hosting solutions,” says Nick Dvas, President of Servers.com

“I’m excited to join the CloudOne Digital team and contribute to its vision of providing agile, robust, and optimized infrastructure,” says Smith. “The possibilities at CloudOne Digital to accelerate bare metal and cloud solutions are boundless, and I’m eager to help the team drive this transformation.”

About CloudOne Digital

CloudOne Digital, a portfolio company of One Equity Partners (OEP), is an innovative portfolio of cloud-based solutions tailored to the needs of online businesses. Serving small entrepreneurs to mid-market enterprises, to platform providers in AdTech, FinTech, Gaming, iGaming, and streaming verticals, CloudOne provides infrastructure and cloud capabilities that meet the demands of growing online businesses through its two largest brands Servers.com and Liquid Web. With a customer-centric approach, CloudOne’s solutions offer the reliability, scalability, and support essential for business success in a competitive digital world.

For media inquiries, please contact:
Name: Isaac Douglas
Title: CRO, servers.com
Email: Isaac@servers.com

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VIAIM Receives Shopee Trending Shop Recognition with Its Innovative Air and Nano+ Earbuds Taking Center Stage

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SINGAPORE, Nov. 9, 2024 /PRNewswire/ — VIAIM, an AI technology hardware company deeply rooted in the smart office sector, has once again become a popular choice on Singapore’s Shopee platform for the upcoming Double 11 shopping festival with its high-quality products and cutting-edge technology, including its best-selling Air and Nano+ conference recording earbuds. The world-renowned brand has been recognized as a Shopee Trending Shop just in time for the big retail festival, and also ranked second in sales ahead of six other major headphone brands. This reflects Singaporean consumers’ strong recognition of the quality and high functionality of its Nano+ and Air series of earbuds.

The certification given by the Shopee is based on a comprehensive evaluation of VIAIM’s Shopee store, and includes metrics such as operating data, sales, and buyer preferences, among others. VIAIM’s second place among the top six headphone brands reflects the brand’s popularity, strong consumer recognition, and high customer satisfaction levels in Singapore.

Mr.Ma,CEO of VIAIM, commented: “We are honored to receive this recognition from Shopee, and it is because of the trust and loyalty of our customers that we have received it, so I want to personally thank them for this. People are using our products and there is no better recognition than this. For this Double 11 Festival, VIAIM is yet again leading the way with our strong tech innovation and product excellence that continue to bring a new and improved artificial intelligence conference recording experience to users around the world.”

The VIAIM Nano+ and Air series earbuds are redefining efficiency with their versatile functionality, featuring three distinct recording modes: call recording, on-site recording, and audio and video recording. Supporting 13 languages for real-time transcription and translation, including Malay and Thai, the earbuds cater to a diverse and international user base, particularly in Southeast Asia.

Powered by VIAIM AI, the earbuds effortlessly extract summaries and key points from lengthy articles, helping business professionals and students save time and retain critical knowledge. Their advanced 45dB deep noise reduction ensures crystal-clear sound quality in any environment, while the Flash Record feature captures every moment seamlessly. With dual-device connectivity and an impressive 40-hour battery life, these lightweight earbuds provide a comfortable, all-day listening experience without interruptions.

Designed to solve real-world challenges, from simplifying multilingual communication to enhancing productivity, the VIAIM Nano+ and Air series stand out as essential tools for modern professionals and students. Whether you’re leading a meeting, studying for exams, or navigating cross-cultural exchanges, these earbuds are your trusted companion for achieving more, faster, and with ease.

Time is running out as the Double 11 festival approaches. From November 10 at 8 p.m. to November 13 at 11:59 p.m.,VIAIM is offering exclusive limited-time discounts. Head to VIAIM’s Shopee and Lazada stores to grab special deals on the Nano+ conference recording earbuds and Air earbuds. Don’t miss out—shop now to boost your work efficiency!

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

CONTACT: Qian Wang, wangqian@vision-intelligence.tech 

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