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Sep 12, 2020 (SUPER MARKET RESEARCH via COMTEX) —
According to IMARC Group’s latest report, titled “Data Converter Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global data converter market to continue its moderate growth during the next five years.
A data converter stands for an electronic circuit that converts analog data to digital formats and vice versa. Computers or PCs employ analog-to-digital data converters for converting the signals into a readable format. However, modems turn digital signals to analog for communications through telephone lines. Based on this, data converters are widely used across various industries, including telecommunications, automotive, medical, and consumer electronics.
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Rapid digitalization across several industries, along with the development of technologically advanced data acquisition