Data Historian Market: Know About Technology Advancements by 2018-2023 with General Electric Company, ABB, Emerson Electric, Siemens AG and Others

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The Global Data Historian Market size is expected to grow from USD 914.9 Million in 2018 to USD 1,271.1 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period. This report spread across 164 pages, profiling 25 companies and supported with 77 tables and 47 figures is now available in this research.

“The asset performance management application to account for the largest market size in the data historian market in 2018”
The asset performance management application is expected to dominate the overall data historian market in terms of share, as it is predominantly finding use in all end user segments to reduce risks and improve the efficiency in the production across verticals. Major sectors, particularly the upstream oil and gas and power and utilities, are investing in solutions to reduce the unplanned interruption in production, optimize asset utilization, mitigate maintenance costs, and cut the risk of failures of both critical and non-critical assets.

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“APAC to record the highest growth rate during the forecast period”
The Data Historian Market in Asia Pacific (APAC) is gaining momentum and is expected to record the highest growth rate during the forecast period. Vendors in APAC adopt venture funding strategies and are investing in R&D activities in an effort to provide technologically advanced data historian solutions. Also, with cost-effective benefits, companies are planning to set-up production facilities in the region. In addition, major economies in APAC, such as China, India, Australia, and New Zealand, are investing in all technologies to innovate the traditional business processes and enhance the performance.

Breakdown of Primary Participants’ Profile:
• By Company: Tier 1:55%, Tier 2: 20%, and Tier 3:25%
• By Designation: C-level:60%, Director level:25%, and Others:15%
• By Region: North America:10%, Europe:20%, APAC:40%,and RoW: 30%

Report Highlights:
The Major Objective of the report is to define, describe, and forecast the global data historian system market by component, application, deployment mode, organization size, end user, and region. The report provides detailed information related to the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the data historian market. The report aims to strategically analyze micromarkets with respect to the individual growth trends, prospects, and contributions to the total market. The report attempts to forecast the market size with respect to 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

Competitive Landscape of Data Historian Market:
1 Overview
2 Prominent Players in the Data Historian Market
3 Competitive Scenario
3.1 New Product Launches and Product Upgradations
3.2 Partnerships, Collaborations, and Agreements
3.3 Expansions
3.4 Acquisitions

Target Audience for Data Historian Market: Application developers, Service providers and distributors, Third-party vendors, Independent Software Vendors (ISVs), Enterprises, End-users, Smart manufacturing consultants.

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Top Key Players profiled in the Data Historian Market include are General Electric Company (US), ABB (Switzerland), Emerson Electric(US), Siemens AG (Germany), AVEVA Group plc (UK), Honeywell International Inc. (US), Rockwell Automation, Inc. (US), OSIsoft (US), ICONICS, Inc. (US), IBM Corporation (US), Yokogawa Electric Corporation (Japan), PTC, Inc. (US), Inductive Automation (US), Canary Labs (US), Open Automation Software (US), InfluxData, Inc. (US), Progea (Italy), Kx Systems (US), Sorbotics, LLC (US), Savigent Software, Inc. (US), Automsoft (Ireland), LiveData Utilities (US), Industrial Video & Control Co. (US), Aspen Technology, Inc. (US), COPA-DATA GmbH (Austria).

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