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Surging Demand for Data Driving Momentum in the Data Logger Market Driving Market Acceleration in the Data Logger Industry, 2025
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Data Logger Market Size By 2025?
The market size for data loggers has demonstrated significant growth recently. It is projected to increase from $8.52 billion in 2024 to $9.16 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.6%. This historical period growth can be attributed to factors such as increased availability of data, the advancement of machine learning algorithms, emphasis on business intelligence, regulatory compliance demands, and applications across multiple industries.
How Big Is the Data Logger Market Size Expected to Grow by 2029?
In the following years, strong growth is anticipated for the data logger market, with its worth rising to reach $11.63 billion in 2029 at a yearly compound growth rate (CAGR) of 6.1%. This projected increase during the forecasted period can be attributed to a growing focus on real-time data interpretation, advancements in natural language processing (NLP), more comprehensive integration with artificial intelligence (AI), emphasis on explainable AI in data mining, and a broader application in healthcare analytics. Key trends for the forecasted period include technological progression in data processing, advanced analytics, real-time data mining, graph-based data extraction, and improved measures for data privacy and security.
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Which Key Market Drivers Powering Data Logger Market Expansion and Growth?
The surge in the need for data is predicted to fuel the expansion of the data logger market in the future. Essentially, data encompasses information that is gathered, documented, and safeguarded for either analysis or future usage. The rising requirement for data gathering and supervision in numerous industries has boosted the need for data loggers, whose key function is to accumulate, secure, and scrutinize data over time. As various industries have come to appreciate the importance of data in amplifying their operations, ensuring regulation adherence, and refining processes, the necessity for data loggers is predicted to persistently escalate. For instance, as per the UK Parliament's data in June 2023, universities' production of data scientists was not likely to surpass 10,000 annually, yet there could potentially be a minimum of 178,000 data specialist positions that were unfulfilled. Therefore, the augmenting demand for data is stimulating the expansion of the data logger market.
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Which Fast-Growing Trends Are Poised to Disrupt the Data Logger Market?
Leading companies in the Data Logger market are employing cutting-edge technologies like TRX D8 2.0 to enhance their market profitability. The TRX D8 2.0, a state-of-the-art vehicle data logger, is designed to gather and process data from the next-generation radar, lidar, and camera sensors during vehicle motion. For example, in June 2023, the advanced networking and compute technologies firm Klas, originating from Ireland, rolled out TRX D8 2.0. This product is the first-of-its-kind adaptable vehicle data logging solution that accommodates PCIe and network-based logging with data logging write speeds reaching 200Gbps and storage capacity of up to 240TB. Strengthened by Intel's 10th Gen Xeon-D processor, the TRX D8 2.0 is tailored to operate in challenging ambient air temperatures and endure extreme conditions of temperature, vibration, and shock. The solution makes a vital contribution to the data logger market by providing reliable and effective logging and data processing from a range of sources, including cameras, lidar, and radar sensors. Its robust design and versatility make it ideal for various applications, and its modular structure enables smooth integration into different R&D test platforms.
What Are the Emerging Segments in the Data Logger Market?
The data logger market covered in this report is segmented -
1) By Type: Electronic Data Logger, Wireless Data Logger, Mechanical Data Logger
2) By Measurement: Temperature, Pressure, Humidity, Power
3) By Channel: Single Channel, Multi-Channel
4) By Industry: Manufacturing, Automotive, Oil And Gas, Energy And Power
Subsegments:
1) By Electronic Data Logger: Temperature Data Logger, Humidity Data Logger, Pressure Data Logger, Voltage Data Logger, Current Data Logger
2) By Wireless Data Logger: Bluetooth Data Logger, Wi-Fi Data Logger, Cellular Data Logger, Zigbee Data Logger
3) By Mechanical Data Logger: Chart Recorders, Strip Chart Data Loggers, Mechanical Thermographs
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Who Are the Global Leaders in the Data Logger Market?
Major companies operating in the data logger market report are Robert Bosch GHbh, Thermo Fisher Scientific Inc., ABB Ltd., Dickson, Live International Corporation, Biogen Inc., MicroDAQ, Fluke Corporation, Xylem Inc., Keysight Technologies, Analog Devices Inc., Omega Engineering Inc., Mesa Labs Inc., Dwyer Instruments Ltd., Delphiin Technology AG, DIGITRON ITALIA SRL, Cha*uvin Arnoux Inc., Pico Technology, Tecnosoft srl, AEMC Instruments, KIMOCOREA.CO.LTD., Madge Tech Inc., Lascar Electronics, ThermoWorks, TMI Orion, G-Tek Corporation, Brainchild Electronic Co Ltd., Elab A/S, GE Valprobe
Which are the Top Profitable Regional Markets for the Data Logger Industry?
North America was the largest region in the data logger market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data logger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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