Growing Focus On Lossless Data Compression Drives the Market for Error Correction Technology, According to a New Trend Report Published by Global Industry Analysts, Inc.

GIA announces the release of a trend report on Error Correction Technology. Market for Error Correction Technology is projected to witness strong growth led by increased data traffic, progressive loss of data quality as a result of widespread compression and decompression of audio, video, and multimedia files and the ensuing need for quick, robust and lossless data compression solutions.

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Error Correction Technology: A Trend Report

San Jose, California (PRWEB) January 24, 2014

Follow us on LinkedIn. – Error-correction technology enables the encoding of data with redundancy by the assistance of error-correction codes. In modems, an error correction protocol considers a group of bits and calculates the checksum. The checksum is calculated at both the ends and compared when group of bits is completed. The growing focus on reducing data transmission errors against a backdrop of emphasis on accuracy, speed and efficiency is poised to benefit demand for error correction protocols. The market is also expected to benefit from developments in accurate, scalable algorithms including probabilistic model of computing, and multidimensional layered forward error correction, among others.

The trend report titled “Error Correction Technology” announced by Global Industry Analysts Inc. is a focused research paper which provides cursory insights into the technology, its evolution, applications, future prospects, and corporate initiatives of key companies worldwide. Also covered are companies such as Altera Corporation, Arasan Chip Systems Inc., Ekinops, Intel Corporation, Mitsubishi Electric Corporation, PMC-Sierra Inc., Vitesse Semiconductor Corporation, and Xrio Ltd., among others.

For more details about this trend report, please visit http://www.strategyr.com/TrendReport.asp?code=146096.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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