Data Acquisition Market

By Offering;

Hardware and More

By System;

Less Than 32, 32-128, and Greater Than 128

By Vertical;

Automotive & Transportation, Aerospace & Defense, Power & Energy, Wireless Communication & Infrastructure, Environmental Monitoring, Healthcare, Food & Beverage, and Other Verticals

By Application;

R&D, Field Applications, and Manufacturing

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn960199748 Published Date: August, 2025

Introduction

Global Data Acquisition Market (USD Million), 2021 - 2031

In the year 2024, the Global Data Acquisition Market was valued at USD 11,907.69 million. The size of this market is expected to increase to USD 15,881.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.


Data Acquisition Market

*Market size in USD million

CAGR 4.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.2 %
Market Size (2024)USD 11,907.69 Million
Market Size (2031)USD 15,881.86 Million
Market ConcentrationHigh
Report Pages392
11,907.69
2024
15,881.86
2031

Major Players

  • National Instruments Corporation
  • Keysight Technologies
  • Yokogawa Electric Corporation
  • Honeywell International Inc.
  • Siemens AG
  • ABB Ltd.
  • Schneider Electric SE
  • General Electric Company
  • Emerson Electric Co.
  • Rockwell Automation, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Data Acquisition Market

Fragmented - Highly competitive market without dominant players


The global data acquisition (DAQ) market is projected to experience significant growth over the next several years, driven by increasing demands across various industries such as automotive, aerospace, and manufacturing. As of 2023, the market size was estimated at approximately USD 3.19 billion and is expected to reach USD 5.03 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.69%. Key drivers include the rising need for real-time data monitoring, advancements in high-speed data acquisition technologies, and the integration of DAQ systems with industrial automation processes.

Technological advancements are playing a crucial role in the market's expansion. Innovations such as high-speed analog-to-digital converters, faster communication interfaces like Ethernet and USB 3.0, and more efficient data processing algorithms are enhancing the performance and adoption rates of DAQ systems. Additionally, the shift towards Industry 4.0 and the implementation of edge computing and Time-Sensitive Networking (TSN) are further propelling market growth. The market is segmented by component (hardware and software), application (asset condition monitoring, design validation and repair, manufacturing and quality), and end-user industries (automotive, aerospace and defense, energy, healthcare, etc.).

Regionally, North America dominates the global DAQ market, attributed to its advanced technological infrastructure and strong industrial base. The region's focus on innovation and automation, particularly in sectors like aerospace, automotive, and telecommunications, drives the demand for sophisticated DAQ systems. Europe and the Asia-Pacific regions also show substantial market potential, with growing industrial activities and technological advancements in countries like Germany, China, and Japan contributing to market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By System
    3. Market Snapshot, By Vertical
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Data Acquisition Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Demand for Real-time Data
        3. Growth in IoT and Smart Devices
      2. Restraints
        1. High Implementation Costs
        2. Data Security and Privacy Concerns
        3. Complexity in Data Integration
      3. Opportunities
        1. Growing Use in Predictive Maintenance
        2. Increasing Cloud Adoption
        3. Development of Edge Computing Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Data Acquisition Market, By Offering, 2021 - 2031 (USD Million)
      1. Hardware
      2. More
    2. Data Acquisition Market, By System, 2021 - 2031 (USD Million)
      1. Less than 32
      2. 32-128
      3. Greater than 128
    3. Data Acquisition Market, By Application, 2021 - 2031 (USD Million)
      1. R&D
      2. Field Applications
      3. Manufacturing
    4. Data Acquisition Market, By Vertical, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Aerospace & Defense
      3. Power & Energy
      4. Wireless Communication & Infrastructure
      5. Environmental Monitoring
      6. Healthcare
      7. Food & Beverage
      8. Other Verticals
    5. Data Acquisition Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. National Instruments Corporation
      2. Keysight Technologies
      3. Yokogawa Electric Corporation
      4. Honeywell International Inc.
      5. Siemens AG
      6. ABB Ltd.
      7. Schneider Electric SE
      8. General Electric Company
      9. Emerson Electric Co.
      10. Rockwell Automation, Inc.
  7. Analyst Views
  8. Future Outlook of the Market