From GlobeNewswire: 2025-06-04 09:15:00

The Data Converter Market is projected to reach USD 9.40 Billion by 2032, growing at a CAGR of 6.23%. The U.S. market is expected to rise from USD 1.74 billion in 2023 to USD 2.32 billion by 2032, driven by telecom, automotive, and consumer electronics. Core Scientific’s investment in data centers will increase demand for high-efficiency converters like Delta’s RBC Series.

North America dominated the data converter market in 2024 with a 44% share, led by the U.S. market’s growth in 5G infrastructure and manufacturing automation. Asia Pacific is growing rapidly due to the burgeoning 5G market, while Europe’s growth is driven by automotive innovations like ADAS and electric vehicles.

Analog-to-Digital Converters (ADCs) hold a 53% revenue share in the global market, while Digital-to-Analog Converters (DACs) are the fastest-growing segment. General-Purpose Data Converters lead with a 52% revenue share, and High-Speed Data Converters are projected to grow rapidly due to increasing demand for high-speed data computation.

Consumer Electronics led the data converter market in 2024 with over 40% revenue share, driven by the demand for high-performance converters in smart TVs, smartphones, and wearables. The Healthcare & Life Sciences segment is set to grow rapidly with a CAGR of 9.78%, driven by the deployment of high-performance data converters in medical imaging and diagnostics.

Recent developments include Asahi Kasei Microdevices integrating coreless current sensors in electric vehicle power modules for increased efficiency, and Cirrus Logic, Intel, and Microsoft introducing a new PC reference design with high-efficiency audio and power capabilities.

The Data Converter Market Report covers market size, segments analysis, competitive landscape, regional analysis, and key segmentation by type, sampling rate, and application. 1. The stock market experienced a significant drop today, with the S&P 500 falling by 3.5% and the Dow Jones Industrial Average dropping by 4%. This comes amid growing concerns over inflation and rising interest rates, causing investors to sell off their holdings.

2. The latest job report showed that the economy added 210,000 jobs in the month of September, slightly below the expected 250,000. However, the unemployment rate fell to 4.8%, signaling a strong labor market recovery despite the ongoing challenges posed by the pandemic.

3. In international news, tensions between Russia and Ukraine are escalating, with reports of Russian troops amassing near the border. The United States and European Union have expressed concerns over a potential invasion, calling on Russia to de-escalate the situation and respect Ukraine’s sovereignty.

4. The latest COVID-19 data shows a decrease in cases and hospitalizations across the country, with a 15% drop in new infections compared to last week. Health officials attribute the decline to increased vaccination rates and public health measures, urging continued vigilance to prevent a resurgence in cases.



Read more at GlobeNewswire: Data Converter Market Size to Grow USD 9.40 Billion by