Market Growth

The market for media conversion technology is significant. ElectroniCast estimates that the overall market is $150.71 million. In addition, ElectroniCast predicted a healthy average annual growth rate for the global media conversion market of 26.2 percent through 2003 and a 17 percent long-term growth rate through 2008.

ElectroniCast cites Transition Networks as owning 21.6 percent of the global media conversion market with 32 percent higher sales figures than the company's closest competitor.