Data Historian Market size was valued at USD 1,123.11 Million in 2022 and is projected to reach USD 1,786.90 Million by 2030, growing at a CAGR of 6.21% from 2022 to 2030.

Data Historian Market Overview:

The data historian market is gaining traction as it finds applications in various industries. Data Historian is the biggest driver for the market as it eliminates manual work and saves time and resources. The application of data historian software has led to process improvements, resulting in a surge in demand for such software in the market. Rapid business expansion has made it fundamental for organizations to deliver the right data to the perfect individual at the perfect time. Regardless of the entanglement, information merging is essential to focus on business practices that remember improvements to customer experience, operating cycles, and general business practices.

Data recording arrangements play an important role in making the information we collect, store, and store accessible to our customers across multiple operations. An array of data records synchronizes information and consequently removes the complexity of maintaining various connections in areas outside the site. Reduced complexity allows plant managers and experts to analyze and adjust control circles, investigate episodes, and identify changes in hardware behavior. Ongoing selection and ongoing research drive the selection of an array of data recording experts.

However, if intentional, misuse of information can have truly legitimate repercussions for both associations and their clients. Organizations should state the proviso identified with information use, cycle and maintenance in venture contracts to ensure that information use does not abuse government law. Any time a substance collects profile information, there is a risk of fraud, especially if the data is not managed securely. Also, the biggest constraint on the market is the huge deployment cost.

Data Historian market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Data Historian market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In December 2019, General Electric Digital announced enhancements to its Proficy Historian product. The Proficy Historian product provides customers with a scalable solution for data collection and aggregation in deployments of any size and extends data migration from the edge to the cloud. Updates include tag mapping, trend analysis with annotations, and the ability to define asset models so users can position data to fit their business needs.

Major Market Segments Covered in Data Historian Industry Research:

Market Key Players:
PTC, AVEVA Group, Rockwell Automation, ABB, Siemens, Emerson, Yokogawa, General Electric, Emerson, Honeywell, OSIsoft, ICONICS, IBM, Inductive Automation, Canary Labs, Open Automation Software, InfluxData, Progea, Kx Systems, SORBA, Savigent Software, Automsoft, LiveData Utilities, Industrial Video & Control, Aspen Technology, and COPA-DATA

By Type:

• On-Premises, Cloud

By Component:

• Software
• Services

By Application:

• Oil and Gas
• Manufacturing
• Chemicals and Petrochemicals
• Paper and Pulp
• Metal and Mining
• Power and Utilities
• Others

By Region:

Adoption of data historians is particularly high in North America due to significant investments in research and development (R&D) activities to develop advanced technologies. Additionally, Asia Pacific (APAC) is expected to be one of the most lucrative markets for data historians during the forecast period, after Europe. This can be attributed primarily to improvements in infrastructure and an increase in the number of technology-oriented small and medium-sized enterprises (SMEs) in the region's fastest-developing countries, such as China and India.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Driver

Growing demand for data integration to improve organizational process flows is one of the major drivers for the data historian market, which is further fueled by the generation of large amounts of industrial data. Data historian solutions enable data synchronization to maintain multiple connections across distant site locations. Additionally, with the advent of Industry 4.0, smart factories and smart plants, organizations around the world are transitioning to using vast amounts of data at multiple layers of their processes. This is creating a real need for data logging solutions from organizations that aim for reliable and efficient plant operations, effective management and powerful analytics.

Data Historian Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 6.21% from 2022 to 2030.
By Type	On-Premises, Cloud
By Application	Oil and Gas, Manufacturing, Chemicals and Petrochemicals, Paper and Pulp, Metal and Mining, Power and Utilities, Others
By Companies	PTC, AVEVA Group, Rockwell Automation, ABB, Siemens, Emerson, Yokogawa, General Electric, Emerson, Honeywell, OSIsoft, ICONICS, IBM, Inductive Automation, Canary Labs, Open Automation Software, InfluxData, Progea, Kx Systems, SORBA, Savigent Software, Automsoft, LiveData Utilities, Industrial Video & Control, Aspen Technology, and COPA-DATA
Regions  and Countries  Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Key Takeaways from this Data Historian Report

• Estimate Data Historian market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Data Historian market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Data Historian market?

The Data Historian Market is growing at a CAGR of 6.21% During Forecast Period.

What are the key types of Data Historian market?

On-Premises, Cloud

What are the key applications of Data Historian market?

Oil and Gas, Manufacturing, Chemicals and Petrochemicals, Paper and Pulp, Metal and Mining, Power and Utilities, Others

Who are the key players in Data Historian market?

PTC, AVEVA Group, Rockwell Automation, ABB, Siemens, Emerson, Yokogawa, General Electric, Emerson, Honeywell, OSIsoft, ICONICS, IBM, Inductive Automation, Canary Labs, Open Automation Software, InfluxData, Progea, Kx Systems, SORBA, Savigent Software, Automsoft, LiveData Utilities, Industrial Video & Control, Aspen Technology, and COPA-DATA