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Follow on Google News | Mixed Signal IC Market Size Worth $141.5 billion by 2026 - KBV ResearchBy: KBV Research There is a high impact of COVID-19 on end-use and economy. In order to contain the spread of COVID-19, electronics manufacturing hubs have been close down on a temporary basis. The Mixed Signal SoC market dominated the Global Mixed Signal IC Market by Type in 2019. Data converters would exhibit a promising growth rate during the forecast period. For conversion of signals analog and digital) into one another, data converters are utilized. Data transmission can be accelerated by using data converters, which enhances the devices' performance. Moreover, data converters possess control abilities and can improve processing, which increases the adoption of data converters in various applications like consumer electronics, communication network infrastructure, and automotive. The Asia Pacific market dominated the Global Mixed Signal IC Market by Region in 2019, and would continue to be a dominant market till 2026. The Europe market is showcasing a CAGR of 7.5% during (2020 - 2026). Additionally, The North America market is estimated to grow at a CAGR of 7.4% during (2020 - 2026). Processors brought a transformation in the mixed-signal IC market. The present business scenarios have been observing high demand for mixed-signal ICs across several industry verticals, specifically in the developed regions like the U.S., Asia-Pacific, and Europe. Companies are increasingly introducing innovative products on the basis of mixed-signal ICs and their need, due to their high application in end-use sectors like medical & healthcare, automotive, consumer electronics, telecommunication, and military & defense. Owing to this aspect, the global mixed-signal IC market is expected to witness high growth in the next few years. Global Mixed Signal IC Market Segmentation By Type
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