Growing Demand for Real-Time Decision Making Fuels Industrial Data Management Growth
The global industrial data management market is projected to reach USD 213.20 billion by 2030 from USD 105.10 billion in 2025, at a CAGR of 15.2% during the forecast period. Industrial data management solutions are driven by increasing complexity and the need for synchronized, multi-channel data in different environments. With the move toward integrated ecosystems across industries, there is a greater need to capture data from mechanical, thermal, electrical, and digital sources within a unified framework. With today's highly interconnected industrial ecosystems, robust data management solutions are imperative. Industries adopting digitalization and deploying technologies like IoT, AI, and automation generate huge volumes of data on operations, supply chains, and assets. Strong data management solutions are required to integrate these disparate data streams into a unified view so that they may deliver real-time visibility, predictive analytics, and improved decision-making. Impr...