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Worldwide market for Interface Products has potential to grow to $3.8 bn by 2008.
Research and Markets announces the addition of this new report on the Interface products segment of the Worldwide Standard Linear Market to its offerings.
High-speed communications, and the continuing convergence of data, voice, video, and audio are fueling the interface market. The current market for interface products is near an estimated $2.2 billion, and it has the potential of reaching $3.8 billion by 2008. It is growing at a compound annual growth rate of 12% for the forecasted period.
Interface sales constitute 20% of the standard linear market and approximately 8% of worldwide analog revenue. Worldwide standard linear revenue is expected reach close to $10.9 billion for 2003, and total analog sales are expected to reach $26.9 billion, a 12.5% increase over the 2002 revenue number. This report also foresasts that interface sales will show even more growth in 2004, with an increase of 16% over this year. Overall economic conditions will continue to improve, and for now inventory levels have been normalized in several markets, meaning that growth will follow as recovery moves forward.
For a complete index of this report click on http://www.researchandmarkets.com/reports/41631
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