Published on: March 15, 2021

Data Historian Market by Component and Geography Market Analysis

Data historian market size will increase at a steady pace. The increasing demand for consolidated data for process and performance improvement and COVID-19 pandemic that has increased the need for remote monitoring and management of assets and business processes will be key factors influencing market growth during the forecast period. ABB, IBM, HONEYWELL, SIEMENS, and AVEVA are some of the key vendors in this marketspace.

This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in various regions and key countries, implications of new market trends, and the impact of domestic and global market players.

Who are the Key Vendors in the Data Historian Market?

ABB, IBM, HONEYWELL, SIEMENS, and AVEVA are some of the key data historian market vendors covered in this report.

The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.

Covering key vendor revenue, business expansion strategies, portfolio analysis, threat from new entrants and substitutes, and competitive benchmarking, our vendor analysis will help clients plan go-to-market strategies and new product launches.

What are the Upcoming Data Historian Market Trends?

COVID-19 pandemic increases the need for remote monitoring and management of assets and business processes and the increasing demand for consolidated data for process and performance improvement are the key trends that will influence market growth. As a result, the market size will increase at a steady YOY rate during the forecast period.

To get the complete list of factors that will drive and challenge market growth, Request your FREE sample

Parent Market - Application Software Industry

The data historian market is catalogued under the application software industry. This industry was worth $301.04 billion in 2020 and will grow at a moderate pace during the forecast period.

Data Historian Market Segmentation

The global market for data historian has been segmented by component and geography. By component, the market has been classified into solution and services.

Based on Geography

The regional analysis provides comprehensive information of the upcoming growth opportunities across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).

Regional-specific analysis also provide insights of the upcoming demand for data historians across key countries in these regions.

Key Data Historian Market Report Benefits

Gain in-depth insights about your market that will aid in making strategic decisions related to market entry, partnerships, new product launch, and more.
Identify the most profitable product/service segments which will help in upgrading product offerings, portfolio expansion, and market entry.
Accurate prediction on data historian market CAGR, market size, and growth potential.
Insights on the market’s growth & opportunities in the global and regional levels.
Get a clear understanding on the business implications of key market trends.
Detailed analysis of market challenges and risks.
Comprehensive data that covers region-, segment-, and company-specific information.
Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.

Need a Regional, Service or Product-specific Analysis? Get FREE Customization and modify this report to meet your requirement

Scope of the Report
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Parent Market	Application Software
Parent Market Size	$301.04 billion
By Component	Solutions Services
Regional analysis	North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA)
Companies profiled	ABB, IBM, HONEYWELL, SIEMENS, and AVEVA
Top Market Trend	Increasing demand for consolidated data for process and performance improvement COVID-19 pandemic increases the need for remote monitoring and management of assets and business processes
Report Benefits	Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges