Data Acquisition (DAQ) System Market Outlook, Trends, Size, Share, Growth and Forecast 2022-2027
According to IMARC Group’s latest report, titled “ Data Acquisition (DAQ) System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” the global data acquisition (DAQ) system market reached a value of US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2027, growing at a CAGR of 5.5% during 2022-2027 . A data acquisition system (DAS or DAQ) refers to an information processing software that converts physical data into digital formats for further collection, storage, and analysis. It is used in commercial and industrial sectors to capture the voltage, temperature, current, pressure, and sound on a computer device. A data acquisition system consists of several parts, including software, hardware, and sensors. It also consists of various actuators, DAQ hardware, and signal conditioning hardware. Consequently, DAS is widely used in the manufacturing, healthcare, and automotive industries to provide a fast...