Analog Devices holds 48.5 percent share of the worldwide data converter market

May 09, 2012 // By Paul Buckley
Market analyst company Databeans, Inc., has confirmed that Analog Devices leads the worldwide data converter market with a 48.5 percent share.

Analog Devices' market share means that the company continues to lead the data converter market worldwide with a majority share that is larger than the combined market share of all the companies identified by the research.  Analog Devices   

“With a 2011 market share exceeding over twice that of its nearest competitor, Analog Devices continues as the clear front-runner in the $2.7 billion data converter market,” said Susie Inouye, principal analyst for Databeans. “By continuously improving and adapting converter architectures and process technologies, ADI is able to meet customer performance benchmarks across a diverse and expanding customer base within industrial , healthcare , communications , consumer and automotive markets.”     

The Databeans report entitled '2012 Analog' predicted that 2012 data converter revenue will likely increase by more than six percent from the previous year. Longer term, Databeans estimates that the market for converters should continue to experience an average annual growth rate of 10 percent through 2017.    

Visit Databeans at www.databeans.net