Data Historian Market by Deployment (Cloud-based, On-premise), Component (Software, Services), Application, End User, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Data Historian Market Size

The data historian market size was valued at $1.17 billion in 2023 and is projected to reach $1.61 billion by 2029, growing at a CAGR of 5.5% from 2023 to 2029.

Data Historian Market Overview

A data historian is a specialized software system used in industrial and manufacturing environments to collect, store, and retrieve time-series data generated by various processes and equipment. These systems play a crucial role in monitoring and analyzing historical data trends, helping organizations make informed decisions, optimize processes, and improve overall efficiency. Data historians capture and store large volumes of real-time data points at regular intervals, allowing for the tracking of variables such as temperature, pressure, flow rates, and other operational parameters. By maintaining a comprehensive historical record, data historians enable engineers and analysts to conduct performance analysis, troubleshoot issues, and predict potential problems. These tools are particularly essential in sectors like energy, utilities, and process manufacturing, where understanding and leveraging historical data is critical for maintaining operational excellence and ensuring regulatory compliance.

Market Dynamics:

Growth Drivers

• Rapid expansion of industrial automation.
• Rising need for data analytics solutions.

Constraints

• High implementation and maintenance costs.
• Issues including data security worries.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Based on deployment, the market is bifurcated into cloud-based and on-premise.

By component, the market is fragmented into software and services.

Depending on the application, the market is segregated into asset management, performance analysis, predictive maintenance, production tracking, and other applications.

Following end user, the market is categorized into chemical, energy & utilities, manufacturing, oil & gas, and other end users.

List of the Key Players Profiled in the Report Includes:

• Yokogawa Electric Corporation
• Siemens AG
• Rockwell Automation, Inc.
• OSIsoft LLC
• IBM Corporation
• Honeywell International Inc.
• General Electric Company
• Emerson Electric Co.
• Aspen Technology, Inc.
• ABB Ltd.

Market by, Geography:

The Data Historian market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

The report “Global Data Historian Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Data Historian Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Data Historian Market by, Deployment 
 6.1 Overview 
 6.2 Cloud-based 
 6.3 On-premise 
 
7 Global Data Historian Market by, Component 
 7.1 Overview 
 7.2 Software 
 7.3 Services 
 
8 Global Data Historian Market by, Application 
 8.1 Overview 
 8.2 Asset Management 
 8.3 Performance Analysis 
 8.4 Predictive Maintenance 
 8.5 Production Tracking 
 8.6 Other Applications 
 
9 Global Data Historian Market by, End User 
 9.1 Overview 
 9.2 Chemical 
 9.3 Energy & Utilities 
 9.4 Manufacturing 
 9.5 Oil & Gas 
 9.6 Other End Users 
 
10 Global Data Historian Market by, Geography 
 10.1 Overview 
 10.2 North America 
 10.2.1 US
 10.2.2 Canada
 10.2.3 Mexico
 10.3 Europe 
 10.3.1 Germany
 10.3.2 France
 10.3.3 UK
 10.3.4 Italy
 10.3.5 Spain
 10.3.6 Rest of Europe
 10.4 Asia Pacific 
 10.4.1 China
 10.4.2 Japan
 10.4.3 India
 10.4.4 South Korea
 10.4.5 Australia
 10.4.6 New Zealand
 10.4.7 Rest of Asia Pacific
 10.5 South America 
 10.5.1 Brazil
 10.5.2 Argentina
 10.5.3 Chile
 10.5.4 Rest of South America
 10.6 Middle East & Africa 
 10.6.1 UAE
 10.6.2 Saudi Arabia
 10.6.3 Qatar
 10.6.4 Iran
 10.6.5 South Africa
 10.6.6 Rest of Middle East & Africa
 
11 Key Developments 
 
12 Company Profiling 
 12.1 Yokogawa Electric Corporation 
 12.1.1 Business Overview
 12.1.2 Product/Service Offering
 12.1.3 Financial Overview
 12.1.4 SWOT Analysis
 12.1.5 Key Activities
 12.2 Siemens AG 
 12.3 Rockwell Automation, Inc. 
 12.4 OSIsoft LLC 
 12.5 IBM Corporation 
 12.6 Honeywell International Inc. 
 12.7 General Electric Company 
 12.8 Emerson Electric Co. 
 12.9 Aspen Technology, Inc. 
 12.10 ABB Ltd.