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Data Acquisition (DAQ) System Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Siemens AG, National Instruments Corporation, Keysight Technologies, ABB Group, Fortive Corporation
Data Acquisition (DAQ) System Market Trends
The Business Research Company offers in-depth market insights through Data Acquisition (DAQ) System Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The data acquisition (daq) system market size has grown strongly in recent years. It will grow from $1.83 billion in 2023 to $1.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to evolving telecommunication infrastructure, research and development in life sciences, demand for energy efficiency, environmental monitoring and compliance, test and measurement requirements.
The data acquisition (daq) system market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increased demand for wireless daq solutions, advancements in wireless communication, precision agriculture, expansion of telehealth services, globalization of research and development. Major trends in the forecast period include advancements in sensor technologies, cloud integration for data storage and analysis, enhanced data visualization and analytics tools, compact and modular daq systems, customization and flexibility in software interfaces..
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Market Segmentation:
The data acquisition (daq) system market covered in this report is segmented -
1) By Type: Peripheral Component Interconnect (PCI), LAN Extensions For Instrumentation (LXI)/ Ethernet, VME Extensions For Instrumentation (VXI), PCI Extensions For Instrumentation (PXI), Universal Serial Bus (USB), Standalone
2) By Component: Hardware, Software
3) By Speed: High-speed (>100 KS/S), Low-speed (
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