Data Historian Global Strategic Business Report to 2030 - ResearchAndMarkets.com

The "Data Historian - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Data Historian is estimated at US$1.2 Billion in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 4.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the data historian market is driven by several factors, including the increasing adoption of Industry 4.0 practices, the expansion of IIoT, and the rising demand for improved operational efficiency. The push towards smarter manufacturing and processing facilities, where decision-making is often driven by real-time data, necessitates robust systems like data historians that can handle large-scale and complex data sets. The surge in sensor deployment across various sectors, facilitating deeper data collection and sharper insights into operations, further bolsters the demand for sophisticated data management and analysis solutions.

Additionally, the shift towards cloud-based solutions offers greater flexibility and scalability for data storage and analysis, appealing to a broader range of industries and promoting wider market adoption. Lastly, heightened awareness about the potential cost savings and performance enhancements possible with data-driven strategies encourages more businesses to invest in advanced data management systems like data historians, further stimulating market growth.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Production Tracking Application segment, which is expected to reach US$440.6 Million by 2030 with a CAGR of a 5.1%. The Environmental Auditing Application segment is also set to grow at 4.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $296.1 Million in 2023, and China, forecasted to grow at an impressive 5.1% CAGR to reach $239.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as IBM Corporation, Honeywell International, Inc., ABB Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Attributes:

Key Topics Covered:

MARKET OVERVIEW

• Influencer Market Insights
• An Insight into Data Historian
• Evolution of Data Historians into Data Infrastructure
• Outlook
• Oil & Gas Industry Holds the Largest Share
• Growing Investments in Oil & Gas Exploration (2017-2025): Capital Expenditure in US$ Billion
• Asia-Pacific to Foster Fastest Growth
• Data Historian Becomes Distributed
• Data Historian - Global Key Competitors Percentage Market Share in 2024 (E)
• Data Historian Competitor Market Share Scenario Worldwide (in %): 2023E
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

MARKET TRENDS & DRIVERS

• IIoT and the Changing Relevance of Data Historian
• Growing Investments in IoT by Manufacturing Firms Turns the Focus on Making IoT Deliver Business Value Via Analytics: Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2020, 2022 and 2025
• Process Historians Aid Digital Transformation
• Historian Emerges as an Useful Tool for Production Tracking
• Predictive Analytics Leverage Data Historian
• Advantages of Predictive Maintenance by % Share
• Machine Learning Emerges as an Evolving Application Platform
• Expanding Volumes of Industrial Big Data Sets the Demand for Data Historian
• Strong Growth of Smart Manufacturing Concepts to Drive the Importance of Big Data in Predictive Asset Maintenance, Supply Chain/Inventory Planning, Energy Management & Process Management: Global Market for Smart Manufacturing (In US$ Billion) for the Years 2016, 2018, 2020, 2022 & 2024E

FOCUS ON SELECT PLAYERS (Total 32 Featured)

• IBM Corporation
• Honeywell International, Inc.
• ABB Ltd.
• General Electric Company
• Emerson Electric Company
• Cognizant Technology Solutions U.S. Corporation
• Honeywell Process Solutions (HPS)
• Open Systems International, Inc.(OSI)
• Aspen Technology, Inc.
• ICONICS, Inc.
• Ing. Punzenberger COPA-DATA GmbH
• OSIsoft, LLC
• Aveva Group PLC
• Inductive Automation
• Open Automation Software

For more information about this report visit https://www.researchandmarkets.com/r/l2ftej

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View source version on businesswire.com: https://www.businesswire.com/news/home/20241001327728/en/