Data Historian Market By Component (Software/Tools and Services), By Deployment Model (On-premises and Cloud), By Organization Size (Small and Medium-sized Enterprises and Large Enterprises), By Application (Production Tracking, Environmental Auditing, Asset Performance Management, GRC Management, Predictive Maintenance, and Others), By End User (Oil and Gas, Marine, Chemicals and Pharmaceuticals, Paper and Pulp, Metal and Mining, Utilities, Data Centers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) - Trends, Analysis, and Forecast till 2030

Market for data historians was predicted to be worth US$ 1.0 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 5.5% to reach US$ 1.70 billion by 2030.

Data Historians, a type of time-series database, play a crucial role in modern business operations. They are instrumental in collecting and storing process data from SCADA or automation systems, enabling data analysis, report generation, and charting of process data trends. Each measured object is assigned a tag name and further details, and historians record the data record with a value, a timestamp, and a data quality indicator. This information is stored in safe binary files for easy retrieval.