The key factors driving the growth of the data converter market

Steadily, one can observe that, the key factors driving the growth of the data converter market are the development strategies, such as product launches and developments, mergers and acquisitions, agreements, partnerships, and collaborations, implemented by the players operating in the data converter market, rising demand for test and measurement solutions by end users, and growing demand for high-resolution images in scientific and medical applications.

However, according to Research and Markets, the major restraining factors for the growth of this market are the integration of RF data converters into FPGA and system-on-chip (SoC).