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Adoption of Data Historian Market to Soar Across Top Countries in the Globe

Data Historian Market: Introduction

A data historian solution helps in recording the data that is acquired during a process and retrieves it by time. The data historian software can store data efficiently with low disk storage requirement and fast retrieval. The control systems used in industries are often the data historian software. Data historian software is used in many processes including datacenters, chemical plants, automobile, pharmaceutical manufacturing, water management, paper and pulp, oil and gas, etc. Data historian software does the job of recording the data over the time from one or more locations for the user. Data historian software can record data on fluid levels, network bandwidth, pressure level, fan temperature, limit switches and valve positions. There are various use of data historian software as corporations use it to manage increasing data volumes to reduce storage cost, to improve productivity and maintain continuity in business. This is led to the rising demand for data historian. The major application of the data historian software comes in the oil and gas companies, which use predictive maintenance capabilities of the data historian solution.

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Data Historian Market: Drivers and Challenges

The feature of data historian such as synchronization of the data, which eliminates the complexity and allows maintaining multiple connections across distant site locations is expected to drive the growth of the data historian market. Also, the need to get the required data at the correct point of time to avoid accidents in a processes, where data historian plays a major role, is driving the growth of the market for data historian.

However, high establishment cost of data historian and unavailability of reasonable models are the major factors expected to restrain the growth of the market for data historian.

Data Historian Market: Segmentation

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

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

  • Software
  • Services

On the basis of end-user, the data historian market is segmented into:

  • Data Centers
  • Chemicals & Pharmaceuticals
  • Oil & Gas
  • Metal & Mining
  • Paper & Pulp
  • Marine
  • Others

On the basis of application, the data historian market is segmented into:

  • Production Tracking
  • Environmental Auditing
  • Asset Performance Management
  • GRC Management
  • Predictive Maintenance
  • Others

On the basis of deployment, the data historian market is segmented into:

  • On-Premise
  • Cloud

On the basis of deployment, the data historian market is segmented into:

  • Large Enterprises
  • Small and Medium Enterprises

Data Historian Market: Key Players

Examples of some of the key players in the 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.

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Data Historian Market: Regional Overview

On the basis of geography, the data historian market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, and Middle East & Africa. Among various regions, SEA and other APAC data historian market is seen to be leading in terms of value with India and Taiwan being the most attractive markets in the region. Also, SEA and other APAC market is seen to be growing at the fast rate due to increasing spending on the R&D for new innovation in the data historian market. Also, the increased spending in the countries such as Australia and India in SEA and others of APAC data historian market has urged for the need of cost-effective data management software and services. North America and Western Europe follow SEA and other APAC in terms of value over the forecast period due to the rising number of companies in the region.

The report covers exhaustive analysis on:

  • Data Historian Market Segments
  • Data Historian Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Data Historian Market Size & Forecast 2017 To 2027
  • Supply & Demand Value Chain
  • Data Historian Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Data Historian Market Value Chain
  • Data Historian Market Drivers and Restraints

Regional analysis for Data Historian Market includes

  • North America Market
    • U.S.
    • Canada
  • Latin America Market
    • Mexico
    • Brazil
    • Rest of Latin America
  • Western Europe Market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • Benelux
    • Rest of Western Europe
  • Eastern Europe Market
    • Poland
    • Russia
    • Rest of Eastern Europe
  • SEA and other APAC
    • Australia and New Zealand (A&NZ)
    • India
    • ASEAN
    • Rest of SEA and other APAC
  • Japan
  • China
  • Middle East and Africa Market
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Market Reports

Rapidly increasing demand and Key Drivers Analysis in Recent Years of Data Historian Market

Prophecy Market Insights presented the Data Historian market which severs comprehensive and iterative research methodology. The company focuses on minimizing deviance in order to offer the most accurate estimations and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for calculation and authenticate of the market size and for estimating quantitative aspects of the market.

Research and consulting services of Prophecy Market Insights help businesses across the world to navigate the challenges in the Data Historian market with confidence. The report provides sufficient insights that drive sustainable growth.

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Parameters involved in the Data Historian market include:

  • Market drivers, restraints, opportunities, and trends coupled with their current and expected impact
  • Value chain analysis
  • DR impact analysis
  • Porter’s Five Forces Analysis
  • PEST analysis
  • Supply v/s price trends and raw material scenario
  • Regulatory consequence and predictable developments
  • Current capacity and expected capacity additions up to 2029

Segmentation Overview:

  • By Component (Software/Tools and Services),
  • By Deployment Model (On-premises and Cloud),
  • By Organization Size (Small and Medium-sized Enterprises and Large Enterprises),
  • By Application (Production Tracking, Environmental Auditing, Asset Performance Management, GRC Management, Predictive Maintenance, and Others),
  • By End User (Oil and Gas, Marine, Chemicals and Pharmaceuticals, Paper and Pulp, Metal and Mining, Utilities, Data Centers, and Others),
  • By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)

Data Historian Market Key Players:

General Electric Company, ABB Ltd., The Emerson Electric Company, Siemens AG, AVEVA Group plc, Honeywell International Inc., Rockwell Automation, Inc., OSIsoft, LLC, ICONICS, Inc., International Business Machines Corporation, Yokogawa Electric Corporation, PTC, Inc., Inductive Automation, Canary Labs, and Open Automation Software.

The report provides an in-depth geographical analysis of the Data Historian market, covering important regions, viz, North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. It also covers key countries (regions), viz, U.S., Canada, France, Germany, U.K., Italy, Russia, India, China, Japan, South Korea, Australia, Taiwan, Thailand, Indonesia, Malaysia, Vietnam, Philippines, Mexico, Brazil, GCC, Israel, South Africa, etc.

The competitive analysis section of the report includes prominent players of the Data Historian market that are broadly studied on the basis of several key factors.

  • Company overview
  • Product portfolio
  • Financial overview
  • Business strategies
  • Raw material suppliers
  • Product distributors
  • Buyers

 

Highlights of the Report

Complete access to COVID-19 Impact on the Data Historian market dynamics, key regions, market size, growth rate and forecast to 2029

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The report responds to significant inquires while working on Global Data Historian Market. Some important Questions Answered in Data Historian Market Report are:

    B1759

  • What will be the market size of the showcase in 2029?
  • What are the key trends in market?
  • List of key manufacturers/players in this market space?
  • What are the key factors driving the global market?
  • What are the challenges to market growth?
  • Who are the distributors, traders, and dealers of market?
  • What are the market opportunities and threats faced by the vendors in this market?
  • How revenue of this industry in previous & next coming years?

The report on the Data Historian market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes Details
Base year 2019
Historic data 2015–2019
Forecast period 2020–2029
Regional scope North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
Report coverage Company share, market analysis and size, competitive landscape, growth factors and trends, and revenue forecast

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Market Reports

Data Historian Market Growing Strategies, Industry Segmentation and Forecast 2025 with COVID-19 Updates

The Data Historian Market carries out financial changes that occur year by years in market, with information about upcoming opportunities and risk to keeps you ahead of competitors. The report also describes top company profiles that present in market with trends worldwide. This research guided you for extending business.

The Data Historian Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

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Top Key Players  involved in Data Historian Industry are: ABB, AVEVA Group, General Electric, Honeywell, IBM, Siemens, Yokogawa, Aspen Technology, Emerson, PTC, Rockwell Automation, ICONICS, OSIsoft, Automsoft, Canary Labs, COPA-DATA

A proper understanding of the Data Historian Market dynamics and their inter-relations helps in gauging the performance of the industry. The growth and revenue patterns can be revised and new strategic decisions taken by companies to avoid obstacles and roadblocks. It could also help in changing the patterns using which the market will generate revenues. The analysis includes an assessment of the production chain, supply chain, end user preferences, associated industries, proper availability of resources, and other indexes to help boost revenues.

Global Data Historian market is presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.

The report offers an exhaustive geographical analysis of the Global Data Historian Market, covering important regions Such as: North America, Europe, China, Japan, Southeast Asia and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

The Global Data Historian Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

For the future period, sound forecasts on market value and volume are offered for each type and application. In the same period, the report also provides a detailed analysis of market value and consumption for each region. These insights are helpful in devising strategies for the future and take necessary steps. New project investment feasibility analysis and SWOT analysis are offered along with insights on industry barriers. Research findings and conclusions are mentioned at the end.

Reasons for Buying This Report:

  • It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
  • It Provides A Five-Year Forecast Assessed on The Basis of How the Market Is Predicted to Grow
  • It Helps in Understanding the Key Product Segments and Their Future.
  • It Provides Pin Point 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.

NOTE: Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement.

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Table of Content:

1. Data Historian Market Overview
2. Market Competition by Manufacturers
3. Production and Capacity by Region
4. Global Data Historian Consumption by Regions
5. Data Historian Production, Revenue, Price Trend by Type
6. Global Data Historian Market Analysis by Application
7. Company Profiles and Key Figures in Data Historian Business
8. Data Historian Manufacturing Cost Analysis
9. Marketing Channel, Distributors and Customers
10. Market Dynamics
11. Production and Supply Forecast
12. Consumption and Demand Forecast
13. Forecast by Type and by Application (2020-2025)
14. Research Finding and Conclusion
15. Methodology and Data Source
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Data Historian Market share forecast to witness considerable growth from 2020 to 2025

Data Historian Market Size Covers Global Industry Analysis, Size, Share, CAGR, Trends, Forecast and Business Opportunity.

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Global Data Historian Market to reach USD 1470.7 million by 2025.

Global Data Historian Market valued approximately USD 785.3 billion in 2016 is anticipated to grow with a healthy growth rate of more than 7.22% over the forecast period 2018-2025. Increasing volume of large industrial data and rising demand for associated data for improvement in process and performance are the major factors which are driving the growth in the Global Data Historian Market. However, high establishment costs and unavailability of reasonable models are the constraints in the growth of Global Data Historian Market. A data historian is a software that records the process data and retrieves it by time. It can efficiently store data with low disk storage requirement and fast retrieval. Data historian is mainly used as control systems in various industries. Often, data historian software is used in several processes including Datacenters, Chemical plants, Environmental control, Nuclear power plants, Automobile, Pharmaceutical manufacturing, Water management, Agriculture and so on. Data historian record data over time from one or more locations for the user. It can record data on fluid levels, network bandwidth, pressure level, fan temperature, limit switches and valve positions. The need for data historian software is rising, as corporations use data historian to manage increasing data volumes to reduce storage cost, to improve productivity and maintain continuity in business. The oil and gas companies use predictive maintenance capabilities of the data historian solution to analyze any machine’s condition for avoiding future breakdowns risk and thus driving the market of historian data.
The regional analysis of Global Data Historian Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment:

oCloud
oOn Premise

By Organization Size:

oSMEs
oLarge Enterprises

By Application:

oProduction Tracking
oEnvironmental Auditing
oAsset Performance Management and GRC Management
oPredictive Maintenance
oOthers

By Component:

oSoftware/Tools
oServices

By End Use:

oOil and Gas
oMarine
oChemicals and Pharmaceuticals
oPaper and Pulp
oMetals and Mining
oData Centres
oOthers

By Regions:
oNorth America
oU.S.
oCanada
oEurope
oUK
oGermany
oAsia Pacific
oChina
oIndia
oJapan
oLatin America
oBrazil
oMexico
oRest of the World

Furthermore, years considered for the study are as follows:

Historical year “ 2015, 2016
Base year “ 2017
Forecast period “ 2018 to 2025

The industry is seeming to be fairly competitive. Some of the leading market players include ABB, AVEVA Group, General Electric, Honeywell, IBM, Siemens, Yokogawa, Aspen Technology, Emerson, PTC, Rockwell Automation, ICONICS, OSIsoft, Automsoft, Canary Labs, COPA-DATA, Inductive Automation, Industrial Video & Control, InfluxData, Kx Systems, LiveData Utilities, Open Automation Software, Progea, Savigent Software, Sorbotics and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Data Historian Market in Market Study:

oKey Consulting Companies & Advisors
oLarge, medium-sized, and small enterprises
oVenture capitalists
oValue-Added Resellers (VARs)
oThird-party knowledge providers
oInvestment bankers
oInvestors

Key factors influencing market growth:

  • New application developments and product designs.
  • Falling prices of the Data Historian.
  • Strict government norms along with the administrative support and R&D subsidization.
  • Geographic expansion by major market players as well as new entrants.

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Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

To summarize, the Data Historian market report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either propel or curtail the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.

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