USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Software Solutions Enabling Central and On-premise Data Visibility and Insights Drive Growth
10-Sep-2019
Global
Market Research
K3C5-01-00-00-00
ES01117-GL-MR_23566
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.
?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?
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)
Speak directly with our analytics experts for tailored recommendations.
Recent related Big Data and Analytics research
16 May 2023 | Global | Frost Radar
Frost Radar™: Insurtech Risk Assessment and Analytics, 2023
Insurtech risk assessment and analytics has grown because of the digitization of the insurance industry and the demand for online insurance products and secure data management. Companies in this segment leverage artificial intelligence (AI), machine learning (ML), and big data analytics to provi...
16 May 2023 | South Asia, Middle East & North Africa | Market Research
Future of Manufacturing: The Case for India
India is quickly emerging as a new power center in the manufacturing world. Owing to its demographic advantage, rapid urbanization, digital transformation, growing middle class, strong economic reforms, strategic geopolitical position, and green energy revolution, it is expected to become a leading ...
15 May 2023 | North America | Market Research
Global Continuous Glucose Monitoring Solutions Market, 2027 Forecast
The rising prevalence of diabetes entails a greater need for treatment and monitoring. In this context, multiple growth opportunities arise in the continuous glucose monitoring (CGM) solutions market. CGM devices have been extensively used for Type 1 diabetes patients. With further technological dev...
10 May 2023 | Global | Market Outlook
Growth Opportunities for the Supply Chain and Logistics Industry
In the post-pandemic global business ecosystem, all eyes remain trained on supply chains as operations inch toward a new normal characterized by transparency and business resilience. In this study, Frost & Sullivan discusses the top growth opportunities for the fast-evolving supply chain and logi...
05 May 2023 | Latin America | Market Outlook
Latin America Power & Energy Outlook, 2023
While the world witnesses unprecedented policies and investment announcements to accelerate the energy transition—like the Inflation Reduction Act, the Green Deal Industrial Plan, and China's latest Five-year Plan—what happens in Latin America Will the region join the race for decarbonization seen i...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
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?
| Deliverable Type | Market Research |
|---|---|
| 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 |
Global Data Acquisition (DAQ) Market, Forecast to 2025
$4,950.00
Special Price $3,712.50 save 25 %