Data acquisition market

How big is the data acquisition market?
About Data Acquisition Market and Insights:
The global Data Acquisition market size was valued at USD 2475.94 million in 2022 and is expected to expand at a CAGR of 6.66% during the forecast period, reaching USD 3646.2 million by 2028..
How big is the data acquisition system market?
Report Summary
The global data acquisition (DAQ) system market was valued at USD 1.69 billion in 2021 and is expected to grow at a CAGR of 5.4% during the forecast period.
One of the key factors propelling the data acquisition (DAQ) system market is the potential growth of Ethernet..
What is data acquisition in industry?
Data acquisition systems are a process for capturing, storing, analyzing, and manipulating data.
The data is acquired through different techniques including voltage signals, current signals, power signals, etc.
There are different types of data acquisition systems utilized..
Report Summary
The global data acquisition (DAQ) system market was valued at USD 1.69 billion in 2021 and is expected to grow at a CAGR of 5.4% during the forecast period.
One of the key factors propelling the data acquisition (DAQ) system market is the potential growth of Ethernet.

Data Acquisition (DAQ) System Market size is expected to cross USD 3.7 Billion by the end of 2035, growing at a CAGR of 5.5% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of the data acquisition system was over USD 1.8 Billion.

How big is the Data Acquisition Market? The Data Acquisition Market size is expected to reach USD 2.25 billion in 2023 and grow at a CAGR of 7.10% to reach USD 3.17 billion by 2028.

DAQ System Market Dynamics

Driver: Rising emphasis on data monitoring in end user sectors

Data Acquisition (DAQ) System Market Report Scope

The study categorizes the DAQ system market based on value, by offering, by speed, by application and vertical at the regional and global levels.

Top Data Acquisition (DAQ) System Companies - Key Market Players

The dominated data acquisition system companiesare such as National Instruments Corp (National Instruments, US), Keysight Technologies (US), Siemens Digital Industries Software (US), Spectris PLC (UK), Fortive (US), ADLINK Technology (Taiwan), AMETEK, Inc (US), Dewesoft d.o.o (Slovenia), Teledyne Technologies Incorporated (US), Yokogawa Electric Co.

What is a data acquisition system?

Most critical systems began implementing data acquisition systems to improve their efficacies.
Data acquisition is the process of sampling signals that measure real world physical conditions and converting the resulting samples into digital numeric values that a computer can manipulate.

What is the global data acquisition (DAQ) system market size?

The global data acquisition (DAQ) System market size is projected to reach USD 2.3 billion by 2026, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period.

What is the growth rate of the data acquisition market?

The Data Acquisition Market in the mining industry (hereafter referred to as the market studied) is expected to grow at a CAGR of 6.17% over the forecast period (2022 - 2027).
Data acquisition systems play an essential role in real-time decision-making in the industrial sector.