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Rising Automation Initiatives Fueling Growth The Impact Of Demand On The Data Acquisition (DAQ) System Market: A Significant Driver Propelling The Data Acquisition (DAQ) System Market In 2025
Data Acquisition (DAQ) System
What Is the Data Acquisition (DAQ) System Market Size and Projected Growth Rate?
The market size for the data acquisition (DAQ) system has seen robust growth in the past few years. The market is projected to increase from a valuation of $1.91 billion in 2024 to $2.03 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.9%. The remarkable growth in the preceding years can be traced back to the development in telecommunications infrastructure, R&D in the field of life sciences, the quest for energy efficiency, ecological monitoring and adherence, as well as test and measurement stipulations.
The DAQ system market is projected to experience significant growth in the coming years, and it is predicted to reach a size of $2.92 billion by 2029, with a CAGR of 9.6%. The growth anticipated during the forecast period can be attributed to factors such as the rising demand for wireless DAQ solutions, advancements in wireless communication, the emergence of precision agriculture, the expansion of telehealth services, and the expansion of research and development on a global scale. Key trends that will characterize the forecast period include the evolution of sensor technologies, the integration of the cloud for data storage and analysis, the development of advanced data visualization and analytics tools, the production of compact and modular DAQ systems, along with the customization and flexibility in software interfaces.
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What Are the Major Segments in the Data Acquisition (DAQ) System Market?
The data acquisition (DAQ) system market covered in this report is segmented -
1) By Type: Peripheral Component Interconnect (PCI), LAN Extensions For Instrumentation (LXI) Or 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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