New York, NY -- (SBWIRE) -- 02/23/2021 -- The Global Data Historian Market is forecast to reach USD 1491.1 Million by 2026, according to a new report by Reports and Data. A data historian also known as operational historian or process historian is a software program that records and recovers production and process data by time; it stores data in a real time series database that effectively store data with minimal disk space and quick recovery. The market for data historian is influenced by rapid business expansions.

The above-mentioned factors collectively create opportunities for the market growth while factors such as high deployment costs pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period. Consistent advancements in the information and communication technology market owing to innovative efforts have enhanced the efficiency of data historian software.

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Key Players Profiled in the Report are:
Getinge Group
Medtronic plc
LivaNova PLC
XENIOS AG
Terumo Corporation
MicroPort Scientific Corporation
NIPRO Corporation
OriGen Biomedical
Others

The Asia Pacific region is anticipated to show high growth during the forecast period. This is due to the growing adoption of data historian software and services among small and medium-sized enterprises with growing digitization, and expanding adoption of IoT-based technologies. Most of the developing countries are looking at India, and China as the global market. These countries consist of over 40% population across the globe and application of data historian in this region will grow with a very high rate.

Further key findings from the report suggest
The data historian software segment held a larger market share of 61.3% in the year 2018. This is because the companies need data historian to deal with the increasing data volumes to enhance productivity and maintain business continuity.
The large enterprise's segment held a larger market share of 64.3% in the year 2018 as large enterprises are focusing on efficient data management to drive business growth.
Asset performance management segment held the largest market share of 26.4% in the year 2018. Major sectors, especially the power and utilities, and upstream oil and gas, are investing heavily in solutions to decrease the unplanned interruption in production, mitigate maintenance costs, optimize assets utilization, and cut the risk of failures of both critical and non-critical assets. These factors are projected to drive the growth of asset performance management segment.
Asia Pacific is forecasted to grow with the highest CAGR of 6.9% during the forecast period. Countries like China, Japan, and India are rapidly catching up with the growth in data historian market.

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For the purpose of this report, Reports and Data have segmented into the global Data Historian market on the basis of component, organization size, deployment type, application, end-use industry and region:

Component Outlook (Revenue, USD Billion; 2016-2026)
Software
Services

Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Small and Medium-Sized Enterprises
Large Enterprises

Deployment Type Outlook (Revenue, USD Billion; 2016-2026)
On-Premise
Cloud

Applications Outlook (Revenue, USD Billion; 2016-2026)
Production Tracking
Environmental Auditing
Asset Performance Management
Governance, Risk, and Compliance Management
Predictive Maintenance
Others

End-Use Industry Outlook (Revenue, USD Billion; 2016-2026)
Oil and Gas
Marine
Chemicals and Pharmaceuticals
Paper and Pulp
Data Centers
Others

Regional Outlook (Revenue, USD Billion; 2016-2026)
North America
U.S
Europe
U.K
France
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil

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The Data Historian Market Report Offers:
Deep insights into the Data Historian market landscape
Key details about the regional segmentation of the Data Historian market
Analysis of the crucial market trends with regards to both current and emerging trends
Comprehensive impact analysis of COVID-19 pandemic on the Data Historian industry
Extensive overview of the key manufacturers and prominent players of the industry
Comprehensive study of the market segmentation and recent developments

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Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Data Historian Market Segmentation & Impact Analysis
4.1. Data Historian Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising industrial big data
4.2.2.2. Increasing demand for consolidated data for process and performance improvement
4.2.3. Market restraints analysis
4.2.3.1. High deployment costs
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Data Historian By Component Insights & Trends
5.1. Component Dynamics & Market Share, 2019 & 2026
5.2. Software
5.2.1. Market estimates and forecast, 2016 – 2026 (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Billion)
5.3. Services
5.3.1. Market estimates and forecast, 2016 – 2026 (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2016 – 2026 (USD Billion)

Chapter 6. Data Historian By Organization Size Insights & Trends

Continued…..

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