Data Historian Market Size, Industry Share & Forecast Analysis to 2027

Global Data Historian Market Size, Share, Growth, Industry Trends, Competitive Analysis and Forecast to 2030

Report ID: RC146339 | Report Format: PDF + Excel | Starting Price: 3600/- USD | Last Updated: June 21st, 2023

The global data historian market size is anticipated to register a significant CAGR of around 5% during the forecast period 2021 to 2027 and was valued at over USD 1 billion in 2020. The rapid growth in industrial data, increasing investment in data analytics, and the rising demand for consolidated data to improve processes and performance are some major factors driving the market growth. Furthermore, the growing demand for high-speed data processing, intelligent asset management, remote data collection, and the rising impact of IIoT is anticipated to boost the market over the forecast period. However, data privacy and legal concerns are some factors expected to restrain the market growth.

Market Drivers:

Increasing volume and complexity of data: With the proliferation of connected devices, the Internet of Things (IoT), and digital transformation initiatives, the volume and complexity of data generated by industrial processes and systems are growing rapidly. Data historians provide the ability to capture, store, and analyze large volumes of time-series data from diverse sources, enabling organizations to derive insights, improve operational efficiency, and make data-driven decisions.

Demand for real-time data analysis: In today’s fast-paced business environment, organizations require real-time access to operational data to monitor processes, detect anomalies, and respond quickly to changes. Data historians offer real-time data collection, storage, and analysis capabilities, enabling organizations to monitor and analyze operational data in real-time, identify patterns, and take proactive actions to optimize performance and minimize downtime.

Regulatory compliance and reporting requirements: Various industries, such as manufacturing, energy, utilities, and pharmaceuticals, are subject to stringent regulatory compliance and reporting requirements. Data historians provide the ability to securely capture, store, and retrieve historical data, facilitating compliance with regulations and enabling organizations to generate accurate reports and audit trails.

Focus on operational efficiency and asset performance: Organizations across industries are increasingly focused on improving operational efficiency, optimizing asset performance, and reducing downtime. Data historians play a critical role in these efforts by collecting and analyzing historical operational data to identify bottlenecks, inefficiencies, and areas for improvement. This helps organizations streamline processes, enhance productivity, and optimize the utilization of assets.

Emergence of big data analytics and advanced analytics techniques: The emergence of big data analytics and advanced analytics techniques has increased the demand for data historians. Data historians can serve as a valuable source of historical data for training machine learning models, predictive analytics, and advanced analytics applications. By leveraging historical data stored in data historians, organizations can gain insights, predict trends, and optimize operations.

Integration with other industrial systems and applications: Data historians can integrate with a wide range of industrial systems and applications, including supervisory control and data acquisition (SCADA) systems, distributed control systems (DCS), manufacturing execution systems (MES), and enterprise resource planning (ERP) systems. This integration enables seamless data exchange, centralized data management, and enhanced visibility across different systems, leading to improved operational efficiency and decision-making.

Focus on digital transformation and Industry 4.0: The ongoing digital transformation and the adoption of Industry 4.0 concepts drive the demand for data historians. Data historians serve as a foundational technology for collecting, storing, and analyzing data from connected devices, sensors, and industrial equipment, enabling organizations to embrace digitalization, automation, and data-driven decision-making.

Increasing need for predictive maintenance and asset optimization: Predictive maintenance and asset optimization are critical for organizations to minimize downtime, reduce maintenance costs, and maximize the lifespan of assets. Data historians play a crucial role in predictive maintenance strategies by capturing and analyzing historical data to detect patterns, predict failures, and schedule maintenance activities proactively.

Market Outlook:

Benchmark Year		2022
Market Size		> USD 1 Billion in 2020
Market Growth (CAGR)		~ 5% (2023 to 2030)
Largest Market Share
Analysis Period		2020-2030
Market Players		ABB, General Electric, Siemens, AVEVA Group plc, and Emerson

Market Insights:

The global data historian market is bifurcated into component, application, end-use, and geography. On the basis of deployment, the market is further segmented into cloud-based and on-premises. The cloud-based segment is expected to hold the largest revenue share of the market by 2027. The advantage associated with the cloud platform such as easy deployment, cost-effectiveness, scalability, and adaptability has contributed the segment growth. Furthermore, the low cost, easy implementation, and batter support and maintenance provided by the vendor are expected to boost the segment growth over the forecast period.

Data Historian Market Size & Forecast

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The data historian comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The data historian market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

2018-19 – Historical Year
2020 – Base Year
2021-2027 – Forecast Period

Market Segmentation:

By Component:

Software
Services

By Deployment:

Cloud-based
On-premises

By Application:

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

By End-Use:

Oil & Gas
Marine
Metals & Mining
Chemicals & Petrochemicals
Pulp & Paper
Data Centers
Others

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Geographic Coverage:

Geographically, the data historian market report comprises dedicated sections centering on the regional market revenue and trends. The data historian market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The data historian market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Data historian market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competition Assessment:

Some of the major market players operating in the global data historian market are ABB, General Electric, Siemens, AVEVA Group plc, and Emerson. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

ABB
General Electric
Siemens
AVEVA Group plc
Emerson
Yokogawa Electric Corporation
Honeywell International
Aspen Technology, Inc.
PTC
ICONICS, Inc.

Key Questions Answered by Data Historian Market Report

Global data historian market forecasts from 2021-2027
Regional data historian market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
Data historian submarket forecasts from 2021-2027 covering the market by component, by deployment, by application, by end-use, and geography
Various industry models such as SWOT analysis, Value Chain Analysis pertaining to data historian market
Analysis of the key factors driving and restraining the growth of the global, regional, and country-level data historian markets from 2021-2027
Competitive Landscape and market positioning of top 10 players operating in the data historian market

Table of Content:

1. Preface

1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

2. Executive Summary

2.1. Global Data Historian Market Portraiture
2.2. Global Data Historian Market, by Component, 2020 (USD Mn)
2.3. Global Data Historian Market, by Deployment, 2020 (USD Mn)
2.4. Global Data Historian Market, by Application, 2020 (USD Mn)
2.5. Global Data Historian Market, by End-Use, 2020 (USD Mn)
2.6. Global Data Historian Market, by Geography, 2020 (USD Mn)

3. Global Data Historian Market Analysis

3.1. Data Historian Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis

4. Global Data Historian Market By Component, 2018 – 2027 (USD Mn)

4.1. Overview
4.2. Software
4.3. Services

5. Global Data Historian Market By Deployment, 2018 – 2027 (USD Mn)

5.1. Overview
5.2. Cloud-based
5.3. On-premises

6. Global Data Historian Market By Application, 2018 – 2027 (USD Mn)

6.1. Overview
6.2. Asset Performance Management
6.3. GRC Management
6.4. Production Tracking
6.5. Predictive Maintenance
6.6. Environmental Auditing
6.7. Others

7. Global Data Historian Market By End-Use, 2018 – 2027 (USD Mn)

7.1. Overview
7.2. Oil & Gas
7.3. Marine
7.4. Metals & Mining
7.5. Chemicals & Petrochemicals
7.6. Pulp & Paper
7.7. Data Centers
7.8. Others

8. North America Data Historian Market Analysis and Forecast, 2018 – 2027 (USD Mn)

8.1.1. Overview
8.1.2. North America Data Historian Market by Component (2018-2027 USD Mn)
8.1.3. North America Data Historian Market by Deployment (2018-2027 USD Mn)
8.1.4. North America Data Historian Market by Application (2018-2027 USD Mn)
8.1.5. North America Data Historian Market by End-Use (2018-2027 USD Mn)
8.1.6. North America Data Historian Market by Country (2018-2027 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Data Historian Market by Component (2018-2027 USD Mn)
8.1.6.1.2. U.S. Data Historian Market by Deployment (2018-2027 USD Mn)
8.1.6.1.3. U.S. Data Historian Market by Application (2018-2027 USD Mn)
8.1.6.1.4. U.S. Data Historian Market by End-Use (2018-2027 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Data Historian Market by Component (2018-2027 USD Mn)
8.1.6.2.2. Canada Data Historian Market by Deployment (2018-2027 USD Mn)
8.1.6.2.3. Canada Data Historian Market by Application (2018-2027 USD Mn)
8.1.6.2.4. Canada Data Historian Market by End-Use (2018-2027 USD Mn)

9. Europe Data Historian Market Analysis and Forecast, 2018 – 2027 (USD Mn)

9.1.1. Overview
9.1.2. Europe Data Historian Market by Component (2018-2027 USD Mn)
9.1.3. Europe Data Historian Market by Deployment (2018-2027 USD Mn)
9.1.4. Europe Data Historian Market by Application (2018-2027 USD Mn)
9.1.5. Europe Data Historian Market by End-Use (2018-2027 USD Mn)
9.1.6. Europe Data Historian Market by Country (2018-2027 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Data Historian Market by Component (2018-2027 USD Mn)
9.1.6.1.2. Germany Data Historian Market by Deployment (2018-2027 USD Mn)
9.1.6.1.3. Germany Data Historian Market by Application (2018-2027 USD Mn)
9.1.6.1.4. Germany Data Historian Market by End-Use (2018-2027 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Data Historian Market by Component (2018-2027 USD Mn)
9.1.6.2.2. U.K. Data Historian Market by Deployment (2018-2027 USD Mn)
9.1.6.2.3. U.K. Data Historian Market by Application (2018-2027 USD Mn)
9.1.6.2.4. U.K. Data Historian Market by End-Use (2018-2027 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Data Historian Market by Component (2018-2027 USD Mn)
9.1.6.3.2. France Data Historian Market by Deployment (2018-2027 USD Mn)
9.1.6.3.3. France Data Historian Market by Application (2018-2027 USD Mn)
9.1.6.3.4. France Data Historian Market by End-Use (2018-2027 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Data Historian Market by Component (2018-2027 USD Mn)
9.1.6.4.2. Italy Data Historian Market by Deployment (2018-2027 USD Mn)
9.1.6.4.3. Italy Data Historian Market by Application (2018-2027 USD Mn)
9.1.6.4.4. Italy Data Historian Market by End-Use (2018-2027 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Data Historian Market by Component (2018-2027 USD Mn)
9.1.6.5.2. Rest of Europe Data Historian Market by Deployment (2018-2027 USD Mn)
9.1.6.5.3. Rest of Europe Data Historian Market by Application (2018-2027 USD Mn)
9.1.6.5.4. Rest of Europe Data Historian Market by End-Use (2018-2027 USD Mn)

10. Asia Pacific Data Historian Market Analysis and Forecast, 2018 – 2027 (USD Mn)

10.1.1. Overview
10.1.2. Asia Pacific Data Historian Market by Component (2018-2027 USD Mn)
10.1.3. Asia Pacific Data Historian Market by Deployment (2018-2027 USD Mn)
10.1.4. Asia Pacific Data Historian Market by Application (2018-2027 USD Mn)
10.1.5. Asia Pacific Data Historian Market by End-Use (2018-2027 USD Mn)
10.1.6. Asia Pacific Data Historian Market by Country (2018-2027 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Data Historian Market by Component (2018-2027 USD Mn)
10.1.6.1.2. China Data Historian Market by Deployment (2018-2027 USD Mn)
10.1.6.1.3. China Data Historian Market by Application (2018-2027 USD Mn)
10.1.6.1.4. China Data Historian Market by End-Use (2018-2027 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Data Historian Market by Component (2018-2027 USD Mn)
10.1.6.2.2. Japan Data Historian Market by Deployment (2018-2027 USD Mn)
10.1.6.2.3. Japan Data Historian Market by Application (2018-2027 USD Mn)
10.1.6.2.4. Japan Data Historian Market by End-Use (2018-2027 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Data Historian Market by Component (2018-2027 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Data Historian Market by Deployment (2018-2027 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Data Historian Market by Application (2018-2027 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Data Historian Market by End-Use (2018-2027 USD Mn)

11. Latin America (LATAM) Data Historian Market Analysis and Forecast, 2018 – 2027 (USD Mn)

11.1.1. Overview
11.1.2. Latin America Data Historian Market by Component (2018-2027 USD Mn)
11.1.3. Latin America Data Historian Market by Deployment (2018-2027 USD Mn)
11.1.4. Latin America Data Historian Market by Application (2018-2027 USD Mn)
11.1.5. Latin America Data Historian Market by End-Use (2018-2027 USD Mn)
11.1.6. Latin America Data Historian Market by Country (2018-2027 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Data Historian Market by Component (2018-2027 USD Mn)
11.1.6.1.2. Brazil Data Historian Market by Deployment (2018-2027 USD Mn)
11.1.6.1.3. Brazil Data Historian Market by Application (2018-2027 USD Mn)
11.1.6.1.4. Brazil Data Historian Market by End-Use (2018-2027 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Data Historian Market by Component (2018-2027 USD Mn)
11.1.6.2.2. Mexico Data Historian Market by Deployment (2018-2027 USD Mn)
11.1.6.2.3. Mexico Data Historian Market by Application (2018-2027 USD Mn)
11.1.6.2.4. Mexico Data Historian Market by End-Use (2018-2027 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Data Historian Market by Component (2018-2027 USD Mn)
11.1.6.3.2. Rest of Latin America Data Historian Market by Deployment (2018-2027 USD Mn)
11.1.6.3.3. Rest of Latin America Data Historian Market by Application (2018-2027 USD Mn)
11.1.6.3.4. Rest of Latin America Data Historian Market by End-Use (2018-2027 USD Mn)

12. Middle East and Africa Data Historian Market Analysis and Forecast, 2018 – 2027 (USD Mn)

12.1.1. Overview
12.1.2. MEA Data Historian Market by Component (2018-2027 USD Mn)
12.1.3. MEA Data Historian Market by Deployment (2018-2027 USD Mn)
12.1.4. MEA Data Historian Market by Application (2018-2027 USD Mn)
12.1.5. MEA Data Historian Market by End-Use (2018-2027 USD Mn)
12.1.6. Middle East and Africa Data Historian Market, by Country (2018-2027 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Data Historian Market by Component (2018-2027 USD Mn)
12.1.6.1.2. GCC Data Historian Market by Deployment (2018-2027 USD Mn)
12.1.6.1.3. GCC Data Historian Market by Application (2018-2027 USD Mn)
12.1.6.1.4. GCC Data Historian Market by End-Use (2018-2027 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Data Historian Market by Component (2018-2027 USD Mn)
12.1.6.2.2. South Africa Data Historian Market by Deployment (2018-2027 USD Mn)
12.1.6.2.3. South Africa Data Historian Market by Application (2018-2027 USD Mn)
12.1.6.2.4. South Africa Data Historian Market by End-Use (2018-2027 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Data Historian Market by Component (2018-2027 USD Mn)
12.1.6.3.2. Rest of MEA Data Historian Market by Deployment (2018-2027 USD Mn)
12.1.6.3.3. Rest of MEA Data Historian Market by Application (2018-2027 USD Mn)
12.1.6.3.4. Rest of MEA Data Historian Market by End-Use (2018-2027 USD Mn)

13. Company Profiles

13.1. ABB
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. General Electric
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Siemens
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. AVEVA Group plc
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Emerson
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Yokogawa Electric Corporation
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Honeywell International
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Aspen Technology, Inc.
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. PTC
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. ICONICS, Inc.
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis

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