Market Overview:
The global Sample Rate Conversion (SRC) market is expected to grow from USD 1.02 billion in 2018 to USD 2.06 billion by 2030, at a CAGR of 9.5% during the forecast period. The growth of this market can be attributed to the increasing demand for SRC products in communications, automotive, consumer electronics, industrial, medical, and test and measurement applications. The asynchronous type segment is expected to hold the largest share of the global Sample Rate Conversion (SRC) market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
Sample Rate Conversion is the process of converting the sample rate of an audio signal from one rate to another. The most common use for Sample Rate Conversion is to change the output sample rate of a digital audio signal so that it matches the input sample rate of a hardware device such as a sound card or D/A converter. This ensures that there is no loss in fidelity between the original audio signal and the reproduced audio signal.
Asynchronous:
Asynchronous SR (sample rate conversion) is a process of converting analog audio signals to digital signals and back to original format after processing. It helps in improving the sample accuracy, Nyquist frequency, and signal-to-noise ratio. The technology has been evolving for more than two decades with various improvements made in its design and functionality over time.
Synchronous:
Synchronous sampling is a technique where the audio signal is divided into many small segments and then each of these segments are recorded at regular intervals in the computer. The conversion process can be done by any device that can play back the recorded sound. Synchronous sample rate conversion means converting one or more rates to another without altering pitch, speed, or time-base information of original signals.
Application Insights:
The communications segment dominated the global sample rate conversion market in terms of revenue share in 2017. The growing demand for high-speed data transfer and communication is the key factor driving the segment growth. Sample rate conversion helps to increase sampling frequency, which provides better audio & video quality throughput with less CPU overhead. This technology is widely used in smartphones, tablets, and other devices for providing crystal clear sound and voice transmission without any loss or distortion at a higher speed compared to conventional modems.
Regional Analysis:
The market in the Asia Pacific region is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for high-speed data communication and rising adoption of digital technologies across various applications. Moreover, growing penetration of 4G/LTE connectivity is further expected to drive the overall ASR market in this region.
Increasing demand for consumer electronics with higher audio quality and bandwidth has resulted in an increased usage of sample rate converters within this industry segment. Furthermore, rising use of sample rate converters by professionals working in film & TV production, sound recording, live concerts, and voiceover recordings are anticipated to drive product adoption within the Europe regional market over the forecast period.
The Latin American regional market accounted for a relatively smaller share as compared to other regions owing its low penetration rates regarding advanced telecommunications technologies such as VoIP telephony solutions.
Growth Factors:
- Increasing demand for high-quality audio content: The increasing demand for high-quality audio content is one of the key growth drivers for the Sample Rate Conversion market. This is because the quality of audio content has a direct impact on user experience.
- Proliferation of digital devices: The proliferation of digital devices, such as smartphones and tablets, is another key growth driver for the Sample Rate Conversion market. This is because these devices are used to consume a wide range of multimedia content, including audio content.
- Rising trend of online streaming: The rising trend of online streaming is another key growth driver for the Sample Rate Conversion market. This is because online streaming offers users an easy and convenient way to access a wide range of multimedia content, including audio content.
- Growing popularity of voice assistants: The growing popularityof voice assistantsis another keygrowthdriverfortheSampleRateConversionmarket .Thisisthusbecausevoiceassistantsareusedtoconversetheirusers’requestsintoauralformatandsuchdevicesare becoming increasingly popular among consumers worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sample Rate Conversion Market Research Report
By Type
Asynchronous, Synchronous
By Application
Communications, Automotive, Consumer Electronics, Industrial, Medical, Test and Measurement, Others
By Companies
Cirrus Logic, Asahi Kasei Microdevices, Intersil, Maxim Integrated, Microchip Technology, NXP Semiconductors, On Semiconductor, STMicroelectronics, Texas Instruments, Q-Analog, Avia Semiconductor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Sample Rate Conversion Market Report Segments:
The global Sample Rate Conversion market is segmented on the basis of:
Types
Asynchronous, Synchronous
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communications, Automotive, Consumer Electronics, Industrial, Medical, Test and Measurement, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cirrus Logic
- Asahi Kasei Microdevices
- Intersil
- Maxim Integrated
- Microchip Technology
- NXP Semiconductors
- On Semiconductor
- STMicroelectronics
- Texas Instruments
- Q-Analog
- Avia Semiconductor
Highlights of The Sample Rate Conversion Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Asynchronous
- Synchronous
- By Application:
- Communications
- Automotive
- Consumer Electronics
- Industrial
- Medical
- Test and Measurement
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sample Rate Conversion Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sample rate conversion is the process of converting a digital audio signal into an analog format. This allows for higher quality playback on older equipment, as well as compatibility with certain music streaming services.
Some of the major players in the sample rate conversion market are Cirrus Logic, Asahi Kasei Microdevices, Intersil, Maxim Integrated, Microchip Technology, NXP Semiconductors, On Semiconductor, STMicroelectronics, Texas Instruments, Q-Analog, Avia Semiconductor.
The sample rate conversion market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sample Rate Conversion Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Sample Rate Conversion Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sample Rate Conversion Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Sample Rate Conversion Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Sample Rate Conversion Market Size & Forecast, 2018-2028 4.5.1 Sample Rate Conversion Market Size and Y-o-Y Growth 4.5.2 Sample Rate Conversion Market Absolute $ Opportunity
Chapter 5 Global Sample Rate Conversion Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sample Rate Conversion Market Size Forecast by Type
5.2.1 Asynchronous
5.2.2 Synchronous
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sample Rate Conversion Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sample Rate Conversion Market Size Forecast by Applications
6.2.1 Communications
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Industrial
6.2.5 Medical
6.2.6 Test and Measurement
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sample Rate Conversion Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sample Rate Conversion Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sample Rate Conversion Analysis and Forecast
9.1 Introduction
9.2 North America Sample Rate Conversion Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sample Rate Conversion Market Size Forecast by Type
9.6.1 Asynchronous
9.6.2 Synchronous
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sample Rate Conversion Market Size Forecast by Applications
9.10.1 Communications
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Industrial
9.10.5 Medical
9.10.6 Test and Measurement
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sample Rate Conversion Analysis and Forecast
10.1 Introduction
10.2 Europe Sample Rate Conversion Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sample Rate Conversion Market Size Forecast by Type
10.6.1 Asynchronous
10.6.2 Synchronous
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sample Rate Conversion Market Size Forecast by Applications
10.10.1 Communications
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Industrial
10.10.5 Medical
10.10.6 Test and Measurement
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sample Rate Conversion Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sample Rate Conversion Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sample Rate Conversion Market Size Forecast by Type
11.6.1 Asynchronous
11.6.2 Synchronous
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sample Rate Conversion Market Size Forecast by Applications
11.10.1 Communications
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Industrial
11.10.5 Medical
11.10.6 Test and Measurement
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sample Rate Conversion Analysis and Forecast
12.1 Introduction
12.2 Latin America Sample Rate Conversion Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sample Rate Conversion Market Size Forecast by Type
12.6.1 Asynchronous
12.6.2 Synchronous
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sample Rate Conversion Market Size Forecast by Applications
12.10.1 Communications
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Industrial
12.10.5 Medical
12.10.6 Test and Measurement
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sample Rate Conversion Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sample Rate Conversion Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sample Rate Conversion Market Size Forecast by Type
13.6.1 Asynchronous
13.6.2 Synchronous
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sample Rate Conversion Market Size Forecast by Applications
13.10.1 Communications
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Industrial
13.10.5 Medical
13.10.6 Test and Measurement
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sample Rate Conversion Market: Competitive Dashboard
14.2 Global Sample Rate Conversion Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cirrus Logic
14.3.2 Asahi Kasei Microdevices
14.3.3 Intersil
14.3.4 Maxim Integrated
14.3.5 Microchip Technology
14.3.6 NXP Semiconductors
14.3.7 On Semiconductor
14.3.8 STMicroelectronics
14.3.9 Texas Instruments
14.3.10 Q-Analog
14.3.11 Avia Semiconductor