Data Historian Market: Current Analysis and Forecast 2021-2027

Global Data Historian Market is expected to exceed the market valuation of more than US$1.5 million by 2027, demonstrating significant CAGR of around 5.4% during the forecast period (2021-2027). Increasing focus on ongoing and upcoming trends such as digitization, IoT and Industry 4.0 coupled with the rising number of automotive manufacturing plants and rapid urbanization in the region is driving the growth of the Data Historian market. In addition, rising volumes of big industrial data coupled with increasing demand for consolidated data for process and performance improvement are major factors expected to drive the growth. In addition, with the advent of Industry 4.0, smart factories, and smart plants, organizations worldwide are demonstrating a shift to the usage of massive amounts of data at several layers of their process.
The outbreak of COVID-19 in 2020 had impacted on all the elements of the technology sector. The global ICT spending is estimated to decline by 4%-5% by the end of 2020. The hardware business is predicted to have the most impact on the IT industry. Due to the slowdown of hardware supply and reduced manufacturing capacity, the IT infrastructure growth has slowed down. Hence, businesses providing solutions and services had seen slump in the growth rate for a short span of time. However, the adoption of collaborative applications, analytics, security solutions, and AI has increase in the remaining part of the year.
GE, ABB, Emerson, Siemens, AVEVA, Honeywell, Rockwell Automation, OSIsoft, ICONICS, IBM, Yokogawa, PTC, Inductive Automation, Canary Labs, Open Automation Software are some of the prominent players operating in the Global Data Historian Market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
"Amongst Component, Software segment holds the major share"
Based on components, the market is classified into Software and services. The software segment generated largest market share in 2020 because data historian software has led to process improvement and therefore the demand for such software has surged in the market.
"Amongst application, Assets Performance Management Segment holds the major share"
Based on application, the market is segmented into less than Production Tracking, Environmental Auditing, Asset Performance Management, GRC Management, Predictive Maintenance and others (security and quality control management). The assets performance management segment grabbed prominent market share of the global Data Historian market in 2020.
"Amongst deployment mode, cloud segment holds the major share"
Based on deployment mode, the market is segmented into on-premises and cloud. In 2020, the cloud segment dominated the Data Historian market. This segment would witness a considerable CAGR during the forecast period owing to surging adoption of cloud deployment in small and medium scale enterprises.
"Amongst organization size, SMEs segment holds the major share"
Based on organization size, the market is classified into SMEs and Large enterprises. The SMEs segment generated revenue significant market revenue in 2020. Also, the segment is expected to grow at a considerable CAGR during the forecast period. However, large scale enterprises segment is expected to gain considerable market presence in forecast period.
"Amongst End-Use, Oil and Gas segment holds the major share"
Based on End-use, the market is segmented into Oil and Gas, Marine, Chemicals and Petrochemicals, Paper and Pulp, Metal and Mining, Power and Utilities and Others In 2020, the oil and gas segment dominated the Data Historian market. The requirement for machine execution monitoring, hefty equipment monitoring, and checking creation status in the oil and gas industry is expanding the interest for data history specialist arrangements.
"Asia Pacific represents one of the largest markets of Global Data Historian Market"
For a better understanding of the market dynamics of the Global Data Historian Market, a detailed analysis was conducted for different regions including Asia Pacific, North America, Europe and Rest of the World. Asia Pacific constitutes the largest market for the industry in 2020 predominantly because of rapid urbanization and economic development.
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- The study includes market sizing and forecasting analysis validated by authenticated key industry experts
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- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
- The study comprehensively covers the market across different segments
- Deep dive regional level analysis of the industry
Customization Options:
Global Data Historian Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

A data historian is a software program that records the data of processes running in a computer system. Organizations use data historians to gather information about the operation of programs to diagnose failures when reliability and uptime are critical. The data historian growth is attributed to the wide applications in data centers, chemical plants, nuclear power plants, automobiles, pharmaceutical manufacturing, water management, environmental control, and agriculture for recording data on network bandwidth, fluid levels, pressure level, fan temperature, limit switches, and valve positions in one or more locations. Moreover, users can evaluate its operation, efficiency, profitability, and setbacks of production with data historians. The need for machine performance monitoring, heavy equipment monitoring, and checking production status in the manufacturing industry is increasing demand for data historian solutions. Moreover, data historian software used to record analog readings, digital readings, product information, and efficient data storage through compression techniques. This is expected to increase demand for data historian in the manufacturing sector.
Based on components, the market is classified into Software and solution. The software segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 because data historian software has led to process improvement and therefore the demand for such software has surged in the market.
Based on application, the market is segmented into less than Production Tracking, Environmental Auditing, Asset Performance Management, GRC Management, Predictive Maintenance and others (security and quality control management). The assets performance management segment grabbed XX% market share of the global Data Historian market and gathered revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027 as data historian ensures high speed data processing, remote data collection, and intelligent asset management to different industry.
Based on deployment mode, the market is segmented into on-premises and cloud. In 2020, the cloud segment dominated the Data Historian market and accounted for XX% market share. This segment will witness a considerable CAGR of XX% during the forecast period (2021-2027F) owing surging adoption of cloud deployment in small and medium scale enterprises.
Based on organization size, the market is classified into SMEs and Large enterprises. The SMEs segment generated revenue of USD XX billion in 2020. The segment is expected to grow at a CAGR of XX% during the forecast period to reach a market valuation of USD XX billion by 2027. However, large scale enterprises segment is expected to gain considerable market presence in forecast period.
Based on End-use, the market is segmented into Oil and Gas, Marine, Chemicals and Petrochemicals, Paper and Pulp, Metal and Mining, Power and Utilities and Others In 2020, the oil and gas segment dominated the Data Historian market and accounted for XX% market share. The requirement for machine execution monitoring, hefty equipment monitoring, and checking creation status in the oil and gas industry is expanding the interest for data history specialist arrangements.
For a better understanding of the market adoption of Data Historian , the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of APAC), and Rest of World. Asia Pacific constitutes the largest market for the industry and generated revenue of USD XX billion in 2020 predominantly because of rapid urbanization and economic development.
Some of the major players operating in the market include GE, ABB, Emerson, Siemens, AVEVA, Honeywell, Rockwell Automation, OSIsoft, ICONICS, IBM, Yokogawa, PTC, Inductive Automation, Canary Labs, Open Automation Software. Several M&A?s along with partnerships have been undertaken by these players to boost their presence in different regions.