Albany, NY -- (SBWIRE) -- 04/26/2016 -- A new market intelligence study by Transparency Market Research presents a detailed overview of the global digital crosspoint switches market. The report is titled "Digital Crosspoint Switches Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023." The market research study provides a comprehensive analysis of the growth drivers, factors limiting growth, current trends, market structure, and projections of the market for the period from 2016 to 2023.

Digital crosspoint switches are advanced high-speed packet switches designed for application in metro networking systems and in enterprises to transfer digital information, including digital data and voice traffic, at a faster rate. Digital crosspoint switches are used widely for telephony and packet switching. Since digital crosspoint switches can handle several protocols, data streams, and clock sources, they are used in medical, mechanical, military, and video applications.

Digital crosspoint switches market is expected to grow significantly in the future as the demand for small, yet powerful and cost-effective crosspoint switches is high. Furthermore, the increasing demand for voice over internet protocol (VoIP), 3G wireless services, and wireless web devices is likely to bring about growth of the global digital crosspoint switches market. Digital crosspoint switches help reduce the cost of implementing new systems; thus cable TV and multimedia on demand are expected to offer many new opportunities for the global market. Digital crosspoint switches have become a building block for telecom systems by providing high performance and greater flexibility.

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Increasing adoption of wireless devices that have features such as internet browsing, video recording, camera, instant messaging, e-mail, and blogging is expected to boost the global digital crosspoint switches market. The adoption of broadband technology is also boosting the global digital crosspoint switches market, as it requires cost-effective solutions for the processing and transportation of data, which crosspoint switches efficiently provide. The increasing aggregate of data rate is a major challenge faced by manufacturers of digital crosspoint switches. Increasing the number of ports is also a difficulty faced by the manufacturers.

Digital crosspoint switches vary in terms of their configurations and performance – while some crosspoint switches are used in computers, commercial avionics, audio applications, and automotive applications, others are designed and used for video, medical, military, and industrial applications.

Key manufacturers of digital crosspoint switches profiled in the report are: Mindspeed Technologies Inc., Analog Devices, Inc., Hittite Microwave Corporation, Maxim Integrated, Texas Instruments Inc., Vitesse Semiconductor Corporation, LSI Corporation, Lattice Semiconductor Corporation, Intersil Corporation, Micrel Inc., and Semtech Corporation.

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TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.