Data Acquisition System Market is Estimated to Reach $3.51 Billion by 2034 - BIS Research

What is a Data Acquisition System? 

A data acquisition system (DAQ) is a solution used to monitor and analyze physical parameters, such as temperature, vibration, pressure, or voltage by converting analog signals into digital data. These systems consist of both hardware (I/O boards, sensors, chassis) and software that together support real-time decision-making in industrial, R&D, and field environments. DAQ systems are essential in enhancing operational control, maintaining regulatory compliance, and improving product performance. 

What is the Current Market Outlook for Data Acquisition System? 

With the rise of smart manufacturing and data-driven decision-making, the global DAQ system market is in a growth phase. Demand is highest across sectors like aerospace and defense, automotive, and wireless communications. The integration of DAQ systems with cloud platforms, AI analytics, and edge computing is further driving deployment. In 2024, the market stands at $2.14 billion and is forecast to grow steadily over the next decade to reach $3.51 billion by 2034, at a growing CAGR of 4.08%.  

What is the key Innovation & Trends in the Data Acquisition System Market? 

Technological innovation is shaping the next generation of DAQ systems. High-speed systems (>100 KS/s) are seeing increased adoption in R&D and aerospace testing. Cloud-native platforms and modular plug-in hardware are replacing legacy systems, offering flexibility and scalability. AI-embedded DAQ software now enables real-time anomaly detection and predictive analytics. Companies are increasingly deploying DAQ systems with digital twins, facilitating simulation-based maintenance and real-time performance optimization. Industry 4.0 is pushing development toward compact, wireless, and software-defined acquisition systems. 

How Does This Report Help Organizations Drive Strategic Growth? 

• Benchmark top vendors in hardware and software DAQ segments 
• Assess adoption trends across key industries (automotive, aerospace, energy) 
• Explore innovations in real-time analytics, cloud, and edge integration 
• Analyze competitive dynamics in high-speed and modular system segments 
• Understand regulatory and cybersecurity challenges in connected DAQ networks 

Explore the Full TOC and Download Report Sample >>  

What Are the Key  Demand Driver and Challenges in Data Acquisition System Market? 

Drivers: 

• Growing need for real-time data analytics 
• Expansion of smart factories and Industry 4.0 initiatives 
• Technological progress in sensors and IoT devices 

Challenges: 

• High upfront costs for advanced DAQ infrastructure 
• Compatibility issues with legacy machinery 
• Data security and integration complexity 

What is the Market Segmentation in the Data Acquisition System Market? 

By Application 

•    R&D 

•    Field 

•    Manufacturing 

By End Use Industry 

•    Automotive & Transportation 

•    Aerospace & Defense 

•    Wireless Communications & Infrastructure 

•    Power & Energy 

•    Environmental Monitoring 

•    Healthcare 

•    Food & beverage 

•    Others 

By Speed 

•    High Speed (>100 KS/s) 

•    Low Speed (<100 KS/s) 

By System 

•    Hardware 

•    Software 

By Region 

•    North America - U.S., Canada, and Mexico 

•    Europe - Germany, France, Italy, U.K., and Rest-of-Europe 

•    Asia-Pacific - China, Japan, South Korea, Australia, and Rest-of-Asia-Pacific 

•    Rest-of-the-World - South America and Middle East and Africa 

What Is the Competitive Landscape in the Data Acquisition System Market? 

Key Players 

• ABB Group 

• AMETEK Inc. 

• Emerson Electric Co. 

• Fortive Corporation 

• General Electric (GE) Company 

• Honeywell International Inc. 

• Keysight Technologies 

• National Instruments Corporation 

• Rockwell Automation Inc. 

• Schneider Electric SE 

• Siemens 

• Spectris PLC 

• Yokogawa Electric Company 

• AVL 

• Fluke Corporation 

Strategic Initiatives 

In 2025, National Instruments (NI) announced a strategic collaboration with Bosch to accelerate DAQ deployment for electric vehicle testing, reducing validation timelines by 30%. Similarly, Yokogawa launched a next-gen high-speed DAQ system tailored for aerospace component validation in Asia-Pacific. In the U.S., Dewesoft introduced a cloud-linked modular DAQ suite with real-time AI diagnostics. Governments in Europe and North America are offering funding for digital factory upgrades under national Industry 4.0 initiatives—fueling the demand for smart DAQ infrastructure. 

Here Are Some Case Studies and Success Stories in Data Acquisition System Market 

In 2025, National Instruments (NI) partnered with Bosch to deploy modular, high-speed data acquisition systems in electric vehicle (EV) motor testing labs across Europe. By integrating NI’s real-time DAQ hardware with Bosch’s digital test benches, the collaboration reduced development cycle times by 30%, improved data accuracy, and enabled faster fault detection. This strategic use of DAQ systems exemplifies how advanced real-time data collection can enhance product validation and speed-to-market in the automotive sector. 

[Schedule a Call with Industry Experts] 

[Download Complete TOC] 

[Download Sample Report] 

Related Reports from BIS Research 

Retail Sourcing and Procurement Market                 

Procurement Technologies and Services Market          

Emerging Technology in Fintech Market                 

About BIS Research 

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.   

Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.    

BIS Research offers syndicate and custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.   

Contact 

Head of Marketing   

Email: media@bisresearch.com    

BIS Research Inc.   

39111 PASEO PADRE PKWY STE 313,   

FREMONT, CA 94538-1686   

Visit our Blog @https://bisresearch.com/insights   

Get Expert Insights @https://community.insightmonk.com    

Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research    

Connect with us on Twitter@ https://twitter.com/BISResearch 

Connect with us on Medium@ https://medium.com/@faisal.bis 

Connect with us on YouTube@ https://www.youtube.com/@BISResearchInc