Data Historian Market Synopsis

As per the latest evaluation by Market Research Future Reports (MRFR), the Data Historian Marketis anticipated to value USD 1,406.23 billion, thriving at a CAGR of 6.9% during the assessment period from 2019 to 2024. The adoption of IoT equipment is the most notable driving factor of global data historian market 2022. There has been a surge in the volume of data, which led to the actuation of the market. The enterprises are adopting the data historian to enhance work efficiency.

The research report contains a detailed analysis of the current state and future scope along with the sales patterns, Data Historian market size, share, price structure, and market progressions.

One of the most significant factors which are influencing the data historian market is the augmenting production of several products, materials, and equipment from several industries such as energy and power, oil & gas, and food & beverages. Moreover, the usage of various IoT equipment by these industries to share the information is further propelling the market. The data historian software is an essential requirement for the companies to evaluate and to make the production efficiency in the forthcoming period. This requirement has further propelled the market for the data historian market.

A precise evaluation of factors augmenting and impeding the market in the post-COVID-19 environment has been analyzed. We will provide COVID-19 impact analysis with the report.

Data Historian Market Drivers

• Increasing Demand for consolidated data for process and performance improvement.

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Data Historian Market Restraint

• High cost deployment.

Data Historian Market Segmentation

The data historian market has been segmented based on component, deployment, organization size, application, time series database type, end user, and region.

Based on Deployment data historian market can be segmented into

• Cloud-based
• On-premise

Based on components data historian market can be segmented into

• Software
• Services
  • Professional services
  • Managed services.

Based on Application data historian market can be segmented into

• Production tracking,
• Environmental auditing,
• Asset performance management,
• Predictive maintenance,
• Others

Based on End-user data historian market can be segmented into

• Oil and gas
• marine
• chemicals and pharmaceuticals
• paper and pulp
• metals and mining
• utilities
• data centers
• others.

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Based on Organization size data historian market can be segmented into

• Large enterprises
• SMEs

Based on time-series Database type data historian market can be segmented into

• Operational
• Open source

Data Historian Market Key Players

• AVEVA Group (UK)
• ABB Limited (Sweden)
• General Electric Company (US)
• IBM Corporation (US)
• Honeywell International Inc. (US)
• Siemens AG (Germany)
• Aspen Technology (US)
• Yokogawa Electric Corporation (Japan)
• Emerson Electric Co. (US) 

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Data Historian Market Geographical Analysis

The regional study of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been performed. As per the analysis by MRFR, the North American region is projected to dominate the global market. The primary reason of regional expansion is the presence of various notable players in the region. North America was the foremost country to adopt data historian software program. Moreover, the region is technically advanced which is the major factor driving the regional market.

Europe acquires the second-largest market share in the market owing to the presence of several sectors such as metal & mining, automotive, chemical, and others. The major contributor to the market is the UK, France, Germany, Italy, and others.

The Asia-Pacific region is estimated to augment at the fastest pace during the forecast period. The region is developing in terms of digitalization, technology, and urbanization. China and India are estimated to make the most significant contribution to expanding the regional market.

Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Markets Structure

3. Market Research Methodology

Continued…

Reasons for Buying This Report:

• It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
• It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
• It Helps in Understanding the Key Product Segments and Their Future.
• It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
• It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

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