The Encoder Market size is expected to grow from USD 2.65 billion in 2023 to USD 3.85 billion by 2028, at a CAGR of 7.72% during the forecast period (2023-2028). The market is witnessing rapid growth due to the increasing demand for encoders in multiple applications, from data centers to telecommunication.New York, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Encoder Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)" - https://www.r