Analog-to-Digital Converters Market Size, Share, Growth and Forecast to 2022-2027
According to the latest report by IMARC Group, titled " Global Analog-to-Digital Converters Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027 ", the global analog-to-digital converters market reached a value of US$ 2.38 Billion in 2021 . Looking forward, IMARC Group expects the market to reach a value of US$ 3.33 Billion by 2027 , exhibiting a CAGR of 5.40% during 2022-2027 . Analog-to-digital converters, or ADCs, are electronic devices designed to convert analog signals into digital or binary forms that can be read and processed by microcontrollers. They work by converting the signals directly from continuous to discrete form. They are widely used in sensors and control and monitoring systems to generate analog output voltages. They are also utilized in medical devices, such as X-Ray and magnetic resonance imaging (MRI), to convert images from analog to digital for processing. Nowadays, manufacturers are offering ADCs in high-...