Like any other sector, the data logging industry has recently experienced an increased demand for more efficient and quality devices. With the new technological advancements, data loggers are only getting better. Discover the top data logging trends of 2023, shaping the industry.
- The data logging market is booming
- Growth is projected at nearly a billion dollars by 2027
- The oil and gas sectors are showing particular demand for data loggers
- Increased awareness of pandemic disruptions has driven greater interest in the benefits of data logging.
The data logging market is booming and is expected to reach $970.83 million by 2027, up from $770.01 million in 2021. This growth can be attributed to the increasing demand for data-driven decision-making and the need for real-time monitoring and control in various industries.
Now, more than ever, businesses worldwide dealing with temperature-sensitive products must keep their finger on the pulse for new developments. For instance, food, agriculture, chemical, and pharmaceutical businesses should know the latest data logging trends to safeguard their production and distribution processes more effectively.
But what does this mean for the future? We expect exciting developments that could shape the industry in many ways. There’s much to look forward to, from AI and machine learning integration to the rise of wireless and cloud-based data logging solutions! Here are some of the notable data logging trends of 2023.
1. Increased demand for wireless temperature monitoring
As businesses realize the benefits of monitoring disparate systems from a centralized location, more companies invest in data loggers with wireless connectivity capabilities. This gives businesses the flexibility and mobility to perform duties without limiting their reactiveness to temperature-related issues.
With Marathon Products’ Bluetooth temperature data logger like the EDL-Beacon, you can quickly and conveniently monitor storage temperatures in previously hard-to-install locations.
This means you now have real-time, 24/7 access to temperature data from anywhere. Wireless systems also reduce the manual labor required to gather and analyze temperature data, helping the business run more efficiently.
2. Normalization of cloud-based data loggers
In the past, cloud-based data logging systems were unheard of. It’s not because the technology didn’t exist, but people hadn’t come around to using IoT to monitor temperature and humidity data from their storage locations.
For instance, the oil and gas industry is usually marred with complex pressure and temperature monitoring requirements, from exploration to production and processing stages. Traditionally, this process needed manual input, which was in many ways tiresome, inaccurate, and inconsistent.
With the advent of wireless, cloud-based data logging systems with IoT capabilities like the EDL-Net Temp/RH, stakeholders can easily monitor temperature and humidity changes remotely. The system is also compatible with other modern advancements enabling businesses to analyze the data and make appropriate adjustments to optimize operations.
3. The data analytics boom
Today, simply observing real-time environmental temperature and humidity changes is not enough. Stakeholders also want to derive insights from the data to optimize operations and reduce future errors.
To that effect, many businesses now use data loggers with advanced analytics techniques like machine learning and predictive analytics to examine environmental data and identify patterns and anomalies.
With devices like the EDL-M5 wireless data logger, organizations can monitor, store, collect, and analyze temperature data with advanced analytics techniques. This further helps them make more informed business decisions and take proactive measures to prevent future problems.
4. Increased awareness of the need for data logging technologies
This can go unsaid, but the Covid-19 pandemic highlighted the need for advanced temperature monitoring technologies in the health and food chain sector.
During the pandemic, businesses in the health and food chain sector realized the importance of continuously monitoring their product storage temperatures to increase shelf life.
The health sector, had an overbearing responsibility to produce and transport vaccines and other medications at cryogenic temperatures at a volume they hadn’t done before.
This unprecedented move made them more aware of the benefits of data logging technologies – like wireless data loggers that can monitor multiple storage and transportation units simultaneously.
5. The advent of smart sensors
With intelligent sensors, businesses can now monitor their products’ temperature and humidity remotely, with limited hands-on operations, and get real-time alerts in case of any excursion. This guarantees a seamless monitoring process where stakeholders can immediately act after getting an alert, preventing further losses.
In the future, smart sensors may be incorporated into the freezing and humidifying units to take corrective measures automatically. This will further enhance product safety and compliance since products will always be kept at ideal conditions.
Smart sensors can also be paired with IoT devices for better monitoring and analytics. For instance, devices like the EDL-Wi-Fi Temp/RH features Wi-Fi connection capabilities that send alerts directly to your email or phone. The data logger can also detect power outages and features a substantial memory capacity for storing temperature data.
This way, you can easily connect it to external software to analyze the data and gain meaningful conclusions that could revolutionize your business operations.
Marathon Products helps you keep up with data logging trends and more
The future looks promising for the data logging industry, with exciting innovations on the horizon. This is especially true now that many industries rely heavily on data-driven decision-making.
For example, the rise of wireless and cloud-based data logging solutions will offer greater flexibility and accessibility. In contrast, advancements in data security and privacy will protect sensitive information.
But all these positives can only make sense if you partner with the industry best, like Marathon Products. We are a leading producer and distributor of precision environmental monitoring devices.
We pride ourselves in providing some of the most advanced systems on the market, including wireless and NFC-enabled data loggers – all capable of being paired with IoT devices for better monitoring and data analysis.
Contact us today if you have questions about leveraging Marathon Products to keep up with current and upcoming data logging trends.