Data Historian Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The data historian software programs are designed to record and retrieve production and process data by time. The information thus stored is in an efficient time-series database requiring minimal disk space and enabling fast retrieval. The software can record analog and digital readings such as temperature, pressure, discrete level sensors besides product, quality and alarm information and aggregate data such as average and standard deviation. Data historians are used in heavy equipment monitoring, utilities, data center, manufacturing sites, racing and environmental monitoring, among other useful applications.

MARKET DYNAMICS

The data historian market is anticipated to grow in the forecast period owing to driving factors such as high demand from major end-use industries for process and performance improvement through consolidated data. However, high deployment costs are likely to hamper the growth of the data historian market. On the other hand, the market is expected to showcase significant opportunities on account of industrial 360-degree hypervision during the forecast period.

MARKET SCOPE

The "Global Data Historian Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of data historian market with detailed market segmentation by components, deployment mode, organization size, industry vertical and geography. The global data historian market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data historian market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global data historian market is segmented on the basis of components, deployment mode, organization size and industry vertical. By components, the market is segmented as software and services. Based on deployment mode, the market is segmented as cloud-based and on-premises. On the basis of the organisation size, the market is segmented as large enterprises and SMEs. The market on the basis of the industry vertical is classified as oil & gas, marine, chemicals, pharmaceuticals, metals & mining, utilities, data centers and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global data historian market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data historian market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting data historian market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the data historian market in these regions.

MARKET PLAYERS

The reports cover key developments in the data historian market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from data historian market are anticipated to lucrative growth opportunities in the future with the rising demand for data historian in the global market. Below mentioned is the list of few companies engaged in the data historian market.

The report also includes the profiles of key data historian companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

•  ABB Group
•  Aspen Technology, Inc.
•  AVEVA Group plc
•  Emerson Electric Co.
•  General Electric Company
•  Honeywell International Inc.
•  IBM Corporation
•  PTC Inc.
•  Siemens AG
•  Yokogawa Electric Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Data Historian Report Scope