Global analog and mixed signal device market witnessing improvement in tools and methodologies

DUBLIN, IRELAND: Research and Markets has announced the addition of the "Global Analog and Mixed Signal Device Market 2010-2014" report to its offering.

TechNavio analysts forecast that the Global Analog and Mixed Signal Device market will reach $49.45 billion in 2014. One of the key factors contributing to this market's growth is the growth in the Wireless Communications market. However, low margins on commodity products could be a challenge to the growth of this market.

The Global Analog and Mixed Signal Device market has also been witnessing an increased usage of smartphones. Key vendors dominating this market space include Analog Devices, Maxim Integrated Products, and Texas Instruments.

TechNavio's report, Global Analog and Mixed Signal Device Market 2010-2014, has been prepared based on in-depth qualitative and quantitative analysis of the market with inputs from industry experts. The report focuses on Asia, Europe, USA, and Japan and covers the device application areas.

Research conducted by TechNavio reveals that the Global Analog and Mixed Signal Device market is expected to grow at a CAGR of 5 percent. The report, which focuses on Asia, Europe, USA, and Japan, indicates that the market is currently driven by the emergence of better tools and methodologies.

Analog design has traditionally been a manual and time consuming task. However, the availability of EDA tools targeted specifically to the Analog/Mixed market has enabled designers to develop efficient analog/mixed signal products, report TechNavio analysts.

In spite of the demand for these devices, analog foundry challenges hinder the growth of this market. However, the increased usage of analog circuitry in applications is expected to drive the market.

The Global Analog and Mixed Signal Device market is marked by the increased usage of these devices in smartphones. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.