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Pulished Date April, 2021
ID: 10702
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Global Data Historian Market Segmentation by Component (Software and Services), End-User (Data Centers, Chemicals and Pharmaceuticals, Petroleum Gas, Metals and Mining, Paper Pulp, Sailor and Others), Application (Production Monitoring, Environmental Audit, Asset Performance Management, GRC Management, Predictive Maintenance, and Others), Deployment (Cloud and On-Premises), Enterprise Size (Large Companies and Small and Medium Companies) and Region: Forecast 2021 - 2026

Pulished: April, 2021
ID: 10702
Pages: 150

Global Data Historian Market Size & Growth (2020 – 2025)

The Data Historian market is foreseen to expand from $934.3 million in 2020 to reach $1,371.1 million in 2025 at a compound annual growth rate (CAGR) of 6.8% over the outlook period.

Data Historian, also identified as Process Historian or Operational Historian, is a software program, used by various end-user verticals, that records and retrieves production and process data over time. It stores the information in a time series database that can efficiently store data with minimal disk space and fast retrieval. In addition, it offers various applications such as production monitoring, environmental auditing, asset performance management in all sectors.

The increasing volumes of industrial big data coupled with the increasing demand for consolidated data for process and performance improvement are important factors that are expected to drive the growth of the global Data Historian market. For example, the data generated by companies, according to estimates by industry experts, includes mostly unstructured data (80%), and only 20% of the data is structured. Data comes in a variety of formats, from structured digital data in traditional databases to unstructured text documents, video, audio, email, stock data, and financial transactions.

Additionally, with the advent of Industry 4.0, smart factories, and organizations around the world are demonstrating a transition towards using massive amounts of data at multiple levels of their process. This is leading to a hike in demand for historical data solutions by organizations to ensure efficient management, stable and efficient plant operations, and robust analytics.

Covid-19 impact on Data Historian Market

Due to the COVID-19 outbreak, market demand is likely to decline due to the closure of industries around the world. However, with the resurgence, the demand for historical data solutions is expected to increase over the forecast period with increasing demand for efficient operations across all industries.

Recent Developments:

  • In December 2019, General Electric Digital published about its latest updates to the Proficy Historian offering, which provides consumers a scalable solution to gather and aggregate information in implementation of any size and extend data migration from the edge to the cloud. Updates include tag mapping, trend analysis with annotations, and the ability to define an asset model, allowing users to put data in context with business needs.

Market growth and trends:

Cloud implementation likely to drive market growth in future

  • Cloud deployment experienced the highest growth rate during the forecast period. The main reason is higher adoption among small and medium-sized enterprises (SMEs). Most of the assets are physically distributed, for example, in a building or in several locations. The cloud-based deployment option makes it easy to operate across multiple locations without having to install software and maintain supporting hardware to back it up.
  • Cloud-based data history can provide the ability to store a large amount of data and easily integrate with tools to analyze that data into actionable information. You can enable access to big data from any desktop, web browser, or mobile device, connecting to a reliable cloud infrastructure. Additionally, the cloud-based data historian can use connection technology that leverages public, private, or hybrid cloud infrastructure to increase collaboration and efficiency without compromising security.
  • Cloud-based data historians provide advanced analytics. For example, Honeywell's Uniformance Cloud Historian uses cloud technology to analyze data across multiple sites to improve asset availability and increase plant uptime and equip users with new, cutting-edge technologies, cloud and data lake for business data, assets and processes. In addition, it helps the user to improve the performance of the factory and the company.

Market Drivers and Restraints:

Data history functionality such as data synchronization, which eliminates complexity and allows multiple connections to be maintained at remote locations, is expected to drive the growth of the global data historian market. Moreover, the need to get the required data at the right time to avoid crashes in a process, where the data historian plays an important role, is driving the growth of the data historian market.

However, the high cost of establishing the data historian and the unavailability of reasonable models are the major factors that are expected to slow the growth of the worldwide market.

Market segmentation:

The global data historian market can be segmented by component, end user, application, implementation, organization size, and region.

On the basis of component, the historical data market is segmented into:

  • Software
  • Services

On the basis of end user, the Data History market is segmented into:

  • Data Centers
  • Chemicals and Pharmaceuticals
  • Petroleum Gas
  • Metals and Mining
  • Paper Pulp
  • Sailor
  • Others

Based on Application, the historical data market is segmented into:

  • Production Monitoring
  • Environmental Audit
  • Asset Performance Management
  • GRC Management
  • Predictive Maintenance
  • Others

On the basis of the implementation, the historical data market is segmented into:

  • On Premises
  • Cloud

On the basis of the enterprise size, the market is segmented into:

  • Large Companies
  • Small and Medium Enterprises

Regional analysis:

On the basis of geography, the global data historian market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APACs, Japan, Middle East and Africa. Among these regions, SEA and APAC data markets are considered to be leaders in terms of value, with India and Taiwan being the most attractive markets in the region. In addition, SEA and other APAC markets are considered to be growing rapidly due to increasing R&D spending for new innovations in the data history market. In addition, increased spending in countries such as Australia and India has led to the need for cost-effective data management software and services. North America and Western Europe follow SEA and other ICCAs in terms of value over the forecast period due to the growing number of companies in the region.

Key market players:

Some of the major players in the global data historian market are ABB Ltd, General Electric Company, Siemens AG, Emerson Electric Co., Honeywell International Inc., AVEVA Group plc, Rockwell Automation, Inc., ICONICS, Inc., OSIsoft, IBM Corporation, PTC, Inc., Yokogawa Electric Corporation, Inductive Automation, Open Automation Software, Canary Labs, InfluxData, Inc., Kx Systems, Sorbotics. LLC and Progea, Savigent Software, among others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Data Historian Market, By Component                           

                                6.1.1 Software 

                                6.1.2 Services   

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Data Historian Market, By Application                             

                                6.2.1 Production Monitoring      

                                6.2.2 Environmental Audit           

                                6.2.3 Asset Performance Management 

                                6.2.4 GRC Management

                                6.2.5 Predictive Maintenance    

                                6.2.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.7 Y-o-Y Growth Rate Analysis              

                                6.2.8 Market Attractiveness Index           

                6.3 Data Historian Market, By End-User                

                                6.3.1 Data Centers          

                                6.3.2 Chemicals and Pharmaceuticals     

                                6.3.3 Petroleum Gas      

                                6.3.4 Metals and Mining               

                                6.3.5 Paper Pulp              

                                6.3.6 Sailor         

                                6.3.7 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.8 Y-o-Y Growth Rate Analysis              

                                6.3.9 Market Attractiveness Index           

                6.4 Data Historian Market, By Deployment                          

                                6.4.1 Cloud        

                                6.4.2 On-Premises          

                                6.4.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.4 Y-o-Y Growth Rate Analysis              

                                6.4.5 Market Attractiveness Index           

                6.5 Data Historian Market, By Enterprise Size                      

                                6.5.1 Large Companies 

                                6.5.2 Small and Medium Enterprises      

                                6.5.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.5.4 Y-o-Y Growth Rate Analysis              

                                6.5.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Component      

                                7.2.3 By Application       

                                7.2.4 By End-User           

                                7.2.5 By Deployment     

                                7.2.6 By Enterprise Size

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Component      

                                7.3.3 By Application       

                                7.3.4 By End-User           

                                7.3.5 By Deployment     

                                7.3.6 By Enterprise Size

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Component      

                                7.4.3 By Application       

                                7.4.4 By End-User           

                                7.4.5 By Deployment     

                                7.4.6 By Enterprise Size

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Component      

                                7.5.3 By Application       

                                7.5.4 By End-User           

                                7.5.5 By Deployment     

                                7.5.6 By Enterprise Size

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Component      

                                7.6.3 By Application       

                                7.6.4 By End-User           

                                7.6.5 By Deployment     

                                7.6.6 By Enterprise Size

8. Key Player Analysis                                    

                8.1 ABB Ltd                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 General Electric Company                    

                8.3 Siemens AG               

                8.4 Emerson Electric Co.                               

                8.5 Honeywell International Inc                

                8.6 AVEVA Group plc                     

                8.7 Rockwell Automation, Inc                     

                8.8 IBM Corporation                      

                8.9 PTC, Inc                        

                8.10 Yokogawa Electric Corporation                        

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Component, End-User, Application, Deployment, Enterprise Size along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Data Historian Market By Region, From 2020-2025 ( USD Billion )
  2. Global Data Historian Market By Component, From 2020-2025 ( USD Billion )
  3. Global Software Market By Region, From 2020-2025 ( USD Billion )
  4. Global Services Market By Region, From 2020-2025 ( USD Billion )
  5. Global Data Historian Market By Application, From 2020-2025 ( USD Billion )
  6. Global Production Monitoring Market By Region, From 2020-2025 ( USD Billion )
  7. Global Environmental Audit Market By Region, From 2020-2025 ( USD Billion )
  8. Global Asset Performance Management Market By Region, From 2020-2025 ( USD Billion )
  9. Global GRC Management Market By Region, From 2020-2025 ( USD Billion )
  10. Global Predictive Maintenance Market By Region, From 2020-2025 ( USD Billion )
  11. Global Data Historian Market By End-User, From 2020-2025 ( USD Billion )
  12. Global Data Centers Market By Region, From 2020-2025 ( USD Billion )
  13. Global Chemicals and Pharmaceuticals Market By Region, From 2020-2025 ( USD Billion )
  14. Global Petroleum Gas Market By Region, From 2020-2025 ( USD Billion )
  15. Global Metals and Mining Market By Region, From 2020-2025 ( USD Billion )
  16. Global Paper Pulp Market By Region, From 2020-2025 ( USD Billion )
  17. Global Sailor Market By Region, From 2020-2025 ( USD Billion )
  18. Global Data Historian Market By Deployment, From 2020-2025 ( USD Billion )
  19. Global Cloud Market By Region, From 2020-2025 ( USD Billion )
  20. Global On-Premises Market By Region, From 2020-2025 ( USD Billion )
  21. Global Data Historian Market By Enterprise Size, From 2020-2025 ( USD Billion )
  22. Global Large Companies Market By Region, From 2020-2025 ( USD Billion )
  23. Global Small and Medium Enterprises Market By Region, From 2020-2025 ( USD Billion )

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