lines. Fueled by the need for converters and ultra-low power devices, the Analog to Digital (AD) and Digital to Analog (DA) converter markets are seeing somewhat of a lull in market share. The overall semiconductor markets will see a downturn in sales over the course of 2023 according to World Semiconductor Trade Statistics (WSTS) and this affects the markets such as AD/DA converters, but from the market predictors WSTS is forecasting the analog markets slowing to a growth rate of 1.6% in 2023. There is a feeling among experts that the downward trend will reverse itself in 2024, and such reports are coming in from WSTS, which is anticipating a robust recovery in 2024 of 11.8%. |