Data Acquisition System Market Size

Data Acquisition (DAQ) System Market size was valued at USD 2.01 billion in 2024 and is set to exceed USD 3.98 billion by 2037, registering over 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of crypto ATM is evaluated at USD 2.1 billion. The demand for industrial Ethernet, which addresses the particular issues faced by factory environments, such as noise, specialized process requirements, and severe circumstances, is on the rise, thus resulting in the growth of the global market.  According to estimates, the data transmission rate ranges from 10 Mbps to 1 Gbps with the industrial Ethernet.

The data acquisition (DAQ) system market is expanding as a result of the increasing adoption of Internet of Things (IoT)-based systems in a variety of industries. These systems enable businesses to monitor inventory in real time and receive prompt warnings in case of any deviations, enabling proactive and effective management. China, Western Europe, and North America account for 67% of IoT usage. 94 % of retailers who use IoT say the benefits exceed the risks. There will be a concentration of 40% of the value that IoT creates in developing economies.