Data Historian Market

Growing need for unified data to enhance processes and performance drives the market growth

Due to the fast development of their operations, businesses now need to convey the appropriate information to the appropriate person at the appropriate time. Consolidating data has become vital for prioritizing company tasks, such as improving the customer experience, operational efficiency, and overall corporate success, despite its challenges. To gather, store, and make the stored data accessible to users across companies, data historian solutions are crucial. The data historian solutions synchronize the data, removing the need to maintain several connections across far-flung site locations.

The popularity of cloud services has expanded as the globe transitions to a digital economy. Technology advancements will expand the market for data historian solution providers. Because it comprises several systems, networked devices, and applications, big industrial data represents a vast volume of information that is challenging to handle. As a result, industrial sectors now need to switch over to new cloud-based data historian solutions in favor of their outdated software. Asia's developed country governments have boosted their use of big data.

Governments are creating teams of highly qualified and competent individuals who will power their countries' progress for two decades. Thus, this aspect is anticipated to accelerate Data Historian market revenue globally.

The Global Data Historian Market Industry is projected to grow from 1.23 USD Billion in 2024 to 2.23 USD Billion by 2035, reflecting a compound annual growth rate of 5.58% from 2025 to 2035. This growth trajectory indicates a robust demand for data historian solutions across various sectors, driven by the increasing need for real-time data analysis, regulatory compliance, and advancements in data analytics technologies. As organizations continue to recognize the value of historical data in optimizing operations and enhancing decision-making processes, the market is likely to expand significantly in the coming years.

The integration of Internet of Things (IoT) technologies with data historian systems is a pivotal driver for the Global Data Historian Market Industry. As IoT devices proliferate, the need for robust data management solutions that can handle the influx of data becomes increasingly critical. Data historians serve as essential repositories for the data generated by IoT devices, facilitating advanced analytics and predictive maintenance. This integration not only enhances operational efficiency but also supports the development of smart cities and connected infrastructure. The ongoing advancements in IoT technology are likely to propel the market forward, as organizations seek to leverage data for strategic advantages.

The emphasis on predictive maintenance is reshaping the Global Data Historian Market Industry. Industries such as manufacturing and transportation are increasingly adopting predictive maintenance strategies to minimize downtime and optimize asset performance. Data historians play a crucial role in this shift by aggregating historical data that can be analyzed to predict equipment failures before they occur. This proactive approach not only reduces maintenance costs but also extends the lifespan of critical assets. As organizations recognize the value of predictive analytics, the demand for data historian solutions is anticipated to rise, further driving market growth.

Regulatory compliance and data governance are becoming increasingly stringent across various industries, driving the Global Data Historian Market Industry. Organizations are mandated to maintain accurate records of their operations, particularly in sectors such as pharmaceuticals and food processing, where compliance with safety standards is critical. Data historians provide a reliable means of storing and retrieving historical data, ensuring that organizations can meet regulatory requirements effectively. This necessity for compliance not only enhances operational transparency but also mitigates risks associated with data breaches and non-compliance penalties. As regulations evolve, the demand for data historian solutions is expected to grow.

Advancements in data analytics technologies are significantly influencing the Global Data Historian Market Industry. The emergence of machine learning and artificial intelligence has transformed how organizations analyze historical data, enabling deeper insights and more accurate forecasting. Data historians are increasingly being integrated with advanced analytics platforms, allowing users to extract actionable insights from vast datasets. This trend is particularly relevant in sectors such as energy and utilities, where data-driven decision-making can lead to enhanced operational efficiency and sustainability. As these technologies continue to evolve, the market for data historians is poised for substantial growth.

The Global Data Historian Market Industry experiences a surge in demand for real-time data analysis across various sectors, including manufacturing, energy, and utilities. Organizations increasingly rely on data historians to capture and analyze vast amounts of operational data, enabling them to make informed decisions swiftly. This trend is particularly evident in industries where operational efficiency is paramount, such as oil and gas, where real-time monitoring can lead to significant cost savings. As of 2024, the market is valued at 1.23 USD Billion, with projections indicating a potential growth to 2.23 USD Billion by 2035, reflecting a compound annual growth rate of 5.58% from 2025 to 2035.

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Data Historian market accounted for USD 0.50 billion in 2022 and is anticipated to exhibit a significant market CAGR growth during the study period due to increasing R&D spending for fresh innovations in the local data historian industry. Moreover, suppliers like General Electric Company, Honeywell International Inc., and Rockwell Automation, Inc. consistently invest in the local end-user industry.

Further, the major countries studied in the market report are The U.S., Canada, German,  Italy, Spain, France, the UK,, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: DATA HISTORIAN MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

The APAC Data Historian market is anticipated to be a high potential area for growth of the data historian market due to the rising need for increased corporate efficiency and the professionally developed data management solutions provided by manufacturers operating there. The newest technology, which many Asian nations have embraced, has made data a valuable resource for growth. As a result, the dominant technology trends are information-intensive data management solutions. The need for data consolidation has resulted in the movement of data to a centralized environment due to the rising number of partnerships and mergers in this Region.

Moreover, the China Data Historian market held the largest market share, and the India Data Historian market was the fastest-growing market in the Asia-Pacific region.

Due to increased R&D investment in new developments throughout the area, the Europe Data Historian market is predicted to have a nearly 26% share of the worldwide market for data historians in 2022. Europe is the biggest market for data historian solutions since there are many software and service suppliers for data historians there. This is because of the sharp demand for data historian solutions across various applications, including risk and audit management, condition-based maintenance, asset utilization monitoring, and production tracking.

Further, the Germany Data Historian market held the largest market share, and the UK Data Historian market was the fastest-growing market in the European Region.

Leading industry companies are making significant R&D investments to broaden their product offerings, which will spur further expansion of the market for Data Historian products. Releases of new products, contracts, mergers and acquisitions, increased investments, and cooperation with other businesses are all significant market changes. Also, market participants are taking a variety of calculated steps to strengthen their global footprint. The Data Historian industry must offer reasonably priced products to grow and thrive in a more competitive, cutthroat environment.

One of the primary business strategies manufacturers employ in the worldwide Data Historian industry to benefit customers and expand the market sector is local manufacturing to reduce operating costs. The Data Historian industry has recently provided some of medicine's most important benefits.

Major players in the Data Historian market, ABB Limited (Sweden), AVEVA Group (UK), General Electric Company (US), Honeywell International Inc. (US), IBM Corporation (US), Siemens AG (Germany), Yokogawa Electric Corporation (Japan), Aspen Technology (US), Emerson Electric Co. (US), PTC Inc. (US), Rockwell Automation Inc. (US), ICONICS (US), and others, are attempting to increase market demand by investing in research and development operations.

The American multinational firm General Electric has a division called GE Digital. The company, headquartered in San Ramon, California, offers industrial businesses software and industrial Internet of Things services. In January 2022, GE Digital released the most recent edition of Proficy Historian. This historian software program gathers industrial time series and Alarms & Events (A&E) data to examine the performance of assets and processes. The firm created Asset and Process Performance Proficy Historian 2022 to have a more adaptable and scalable architecture from the sensor to the Enterprise, helping to make it the cornerstone for Industrial Internet deployments.

A worldwide British firm providing information technology consulting services, AVEVA Group plc is based in Cambridge, England. Until Schneider Electric bought it in January 2023, it was traded on the London Stock Exchange. To administer and maintain hyperscale data centers, Schneider Electric and AVEVA Group plc entered a strategic partnership in May 2020. Aveva has a long history of providing end-to-end unified solutions. By combining Schneider Electric's significant data center expertise and worldwide execution capabilities with Aveva, AVEVA Group plc is expanding the partnership into new markets and reaching more clients.