USD
GBP
CNY
EUR
INR
JPY
MYR
ZAR
KRW
THB
Global Data Acquisition (DAQ) Market, Forecast to 2025
Global Data Acquisition (DAQ) Market, Forecast to 2025
Software Solutions Enabling Central and On-premise Data Visibility and Insights Drive Growth
10-Sep-2019
Global
Description
The global data acquisition system market is witnessing a strong growth due to emerging use cases for IIoT and growing adoption of digital technologies in industry verticals. With the advent of sensors 2.0 and IIoT, there are higher volumes of data to be collected in field and manufacturing applications. Furthermore, increasing adoption of Ethernet is enabling standardization of industrial control and automation that is propelling the need for advanced data acquisition solutions. End users are looking for data acquisition over multiple locations for gaining comprehensive visibility of their assets. With data acquisition hardware having the potential to be deployed over a large number of devices, there is a rising need for distributed data acquisition systems. System vendors will need to incorporate high accuracy and modularity in their offerings to enable tight data synchronizations and lower system complexity for decentralized acquisition systems.
In addition, the market is experiencing a shift from data collection to data analysis as capitalizing on acquired data remains a key industry challenge. Data acquisition solution providers will need to focus on software-centric solution offerings that allow advanced analysis of collected data for making strategic decisions. With the need for lower latency and on-premise data management, end users require unified hardware and software solutions that can be customized to meet their data acquisition needs.
Among geographical regions, Asia-Pacific is the fastest growing market with increasing proliferation IIoT and adoption of digital technologies throughout the regions. With the need for higher volumes of data, critical industry verticals such as power & energy and aerospace & defense industries will require multi-channel data acquisitions and tighter synchronizations.
Data acquisition system needs will differ among industries, and system vendors will need to develop an expansive portfolio that can meet specialized functions for end users through configuration and customization. Decentralization of data acquisition over multiple locations will also propel the adoption of more reliable data acquisition hardware, including Ethernet to maintain accuracy over long distances. The market will move toward the adoption of cloud and edge computing as an extended capability for timely data management and enhanced data analytics in the long term.
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Key Findings
Current and Future Areas of Differentiation
Current and Future Areas of Differentiation (continued)
Global Product SegmentsIdentifying new growth opportunities
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Market Definitions (continued)
Key Questions This Study Will Answer
Market Segmentation Product Type
Market Segmentation by Region
Market Segmentation by Product
Market Distribution Channels
Market Distribution Channels—Discussion
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast—Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast by Region—Discussion
Revenue Forecast by End User
Revenue Forecast by End User—Discussion
Revenue Forecast by End User—Discussion (continued)
Revenue Forecast by Product
Revenue Forecast by Product—Discussion
Revenue Forecast by Signal Type
Revenue Forecast by Signal Type—Discussion
Revenue Forecast by Channel Count
Revenue Forecast by Channel Count—Discussion
Revenue Forecast by Application
Revenue Forecast by Application—Discussion
Market Share
Market Share Analysis
Competitive Environment
Competitive Analysis
Competitive Analysis (continued)
Competitive Analysis (continued)
Competitive Analysis (continued)
Top Competitors
Top Competitors (continued)
Growth Opportunity 1—Integration of Edge Computing Capability
Growth Opportunity 2—Partnership with OEMs
Growth Opportunity 3—Software-as-a-Service Model
Strategic Imperatives for Success and Growth
North America Key Findings
Revenue Forecast
Revenue Forecast—Discussion
Revenue Forecast by End User
Revenue Forecast by End User—Discussion
Revenue Forecast by Product
Revenue Forecast by Product—Discussion
Market Share
Europe Key Findings
Revenue Forecast
Revenue Forecast—Discussion
Revenue Forecast by End User
Revenue Forecast by End User—Discussion
Revenue Forecast by Product
Revenue Forecast by Product—Discussion
Market Share
APAC Key Findings
Revenue Forecast
Revenue Forecast—Discussion
Revenue Forecast by End User
Revenue Forecast by End User—Discussion
Revenue Forecast by Product
Revenue Forecast by Product—Discussion
Market Share
RoW Key Findings
Revenue Forecast
Revenue Forecast—Discussion
Revenue Forecast by End User
Revenue Forecast by End User—Discussion
Revenue Forecast by Product
Revenue Forecast by Product—Discussion
Market Share
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in “Others”
Partial List of Companies Interviewed
Abbreviations and Acronyms Used
List of Exhibits
List of Exhibits (continued)
Popular Topics
commercial aircraft market forecast
plastic waste management market
Key Issues Addressed
- What is the market growth environment and competitive environment globally for DAQ systems?
- What are the key end user, product, and regional trends that will be driving the market?
- How will the scope and applicability of DAQ systems change over the forecast period?
- Are the products and services offered by current data acquisition system providers meeting end user needs?
- Which data acquisition hardware and software solutions will see the highest growth in the coming years?
- Are system vendors well structured to capitalize on growing trends? What are the major growth opportunities in the DAQ market?
| No Index | No |
|---|---|
| Podcast | No |
| Author | Riti Newa |
| Industries | Electronics and Sensors |
| WIP Number | K3C5-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9404-A5,9594,9403,99FA |