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Surge In Data Generation Fueling The Growth Of The Market Due To Increasing Iot Adoption And Real-Time Data Streams: Critical Driver Shaping the Global Cloud-Based Field History Database Market in 2025
Cloud Based Field History Database
Cloud-Based Field History Database Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for the cloud-based field history database has massively expanded in recent years, with predictions indicating an increase from $2.22 billion in 2024 to $2.66 billion in 2025. This represents a compound annual growth rate (CAGR) of 19.9%. Factors contributing to the growth during the historic period include a heightened demand for scalability and flexibility, a focus on reducing operational expenses, the popular trend of digitizing field services, growing utilization for mobile workforce management, and an increased requirement for superior data security.
Cloud-Based Field History Database Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated to witness a substantial rise over the next few years, the cloud-based field history database market is predicted to expand to $5.45 billion by 2029, growing at a compound annual rate of 19.6%. This progression during the predicted period is linked to increased needs for real-time field data access, enhancement in operational efficiency requirements, a heightened necessity for predictive maintenance, an uptick in edge computing adoption, and remote troubleshooting capabilities. Noteworthy trends for the forecast period encompass development in multi-cloud deployment strategies, progressed machine learning for detecting anomalies, pioneering advancements in digital twin modeling, implementation of low-code workflow automation, and evolution in edge computing capabilities.
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What Are the Drivers Transforming the Cloud-Based Field History Database Market?
The surge in data production is anticipated to fuel the expansion of the cloud-based field history database market. The term "data generation" denotes the creation of data via real-world gathering or synthetic production for analytical, testing, or modelling purposes. IoT devices' widespread application in various sectors, residences, and urban areas is resulting in an increase in data generation, as they consistently generate vast amounts of real-time data from sensors, machinery, and interconnected systems. A cloud-based field history database facilitates data generation by consistently capturing and structuring real-time field data from several sources for analysis and decision-making. For example, the Hyo Jeong International Foundation for Environmental Peace, a US-based nonprofit organization, reported in June 2025 that around 150 zettabytes of data were produced, captured, and used globally, and mobile data traffic worldwide had hit approximately 125 exabytes per month in 2024. Both figures are forecasted to surge dramatically to almost 500 zettabytes and over 350 exabytes per month, respectively, by 2030. Hence, the growth in data production is contributing to the expansion of the cloud-based field history database market.
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What Long-Term Trends Will Define the Future of the Cloud-Based Field History Database Market?
Principal corporations in the cloud-based field history database sector are concentrating on generating technological advancements like AI-powered critical field service programs. These innovations boost operational effectiveness, predictive maintenance, and overall service provision. An AI-powered critical field service system, a cloud-based solution, utilizes artificial intelligence to streamline, forecast, and mechanize maintenance and service procedures for essential equipment. This results in high-efficiency levels, reliability, and minimizes downtime. For example, Salesforce Inc., a company from the US specializing in cloud computing, in April 2025 unveiled "Agentforce for Field Service." This AI-guided platform automates necessary field service activities such as planning for appointments, reporting, paperwork, and troubleshooting on-site, by relying on autonomous AI agents that connect to a company's pre-existing data systems. Agentforce eases operations, lowers administrative burden on technicians and dispatchers, and smartly fixes schedule gaps. This lets employees focus more on repairs, customer assistance, and diagnostics. The platform provides features like natural language scheduling, sensitive decision making and dynamic gap management, speeding up service provision and improving client satisfaction, thereby promoting business expansion.
Which Segments in the Cloud-Based Field History Database Market Offer the Most Profit Potential?
The cloud-based field history database market covered in this report is segmented as
1) By Component: Software, Services
2) By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Oil And Gas, Agriculture, Environmental Monitoring, Utilities, Mining, Other Applications
Subsegments:
1) By Software: Database Management Systems, Data Integration Tools, Data Analytics Platforms, Data Security Solutions, Data Backup And Recovery Software
2) By Services: Implementation Services, Consulting Services, Training And Support Services, Managed Services, Maintenance Services
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Which Firms Dominate the Cloud-Based Field History Database Market by Market Share and Revenue in 2025?
Major companies operating in the cloud-based field history database market are Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, Salesforce Inc., SAP SE, Workday Inc., Open Text Corporation, Alibaba Cloud Computing Ltd., Infor LLC, Sage Group plc, HubSpot Inc., Epicor Software Corporation, Zoho Corporation Private Limited, Cloudera Inc., Workiva Inc., Freshworks Inc., SugarCRM Inc., Fivetran Inc., DataStax Inc., InfluxData Inc.
Which Regions Offer the Highest Growth Potential in the Cloud-Based Field History Database Market?
North America was the largest region in the cloud-based field history database market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cloud-based field history database report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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