Global Data Visualization Software Market : Industry Analysis and forecast 2027
- POSTED ON Thursday, June 10, 2021
Global Data Visualization Software Market was valued US$ xx Mn in 2019 and the total revenue is expected to grow at xx % through 2020 to 2027, reaching US$ xx Mn. The report has covered Country market trends with a competitive landscape.
To know about the Research Methodology :- Request Free Sample ReportGlobal Data Visualization Software Market Overview:
Data Visualization refers to the representation of data in a visual pattern in order to effectively convey valuable information using statistical graphs, charts or infographics. Data Visualization software helps decision user’sanalysis and easily understand vast amounts of data through interactive visualization tools. Data visualization software helps end-users save time by enabling quick decision-making by providing a multi-faceted view of business performance and operating dynamics.
At present, it is imperative to achieve a perfect balance between visual appeal and functionality in order to have optimum demand for and use of software at all levels of management and process.Rapid developments in the field of big data, together with increasing data size and complexity, have led to an increase in the global deployment of data visualization software. The inclusion of the Internet of Things (IoT) in all aspects of business adds to the increase in the number of data. This adds to the need to organize data in order to derive valuable insights from it. Such requirements are driving the market for data visualization software.
The growing need for decisions to be taken in a short period of time requires tools to help derive analytical information from large chunks of unorganized data in a quick turnaround time. For instance, Tableau introduced Hyper, the latest data engine technology used in Table 10.5. With Hyper's ability to cut and dice huge data volumes in seconds, customers can see up to 5X faster query speed and up to 3X faster query speed.
Because of developments in the field of electronics and semiconductors, demand in the global market for data visualization softwareis growing. In essence, big data development, multi-device access to visualization (mobile, desktop, web, etc.), personalized role-specific reports, ongoing training for business users, and constantly evolving optimizing dashboards. The increasing adoption of data visualization in small and medium-sized enterprises is expected to fuel the growth of the data visualization market.
ByDeploymentData Visualization Software market is segmented by Cloud-based andOn-premises. Cloud-baseddominated data visualization softwaremarket with rising cloud solutions and services among the organizations.By industry verticals, retail is the leading segment across other verticals due toincreased retailers across the globe have been concentrating on improving their connectivity, communication solutions, and devices that produce a massive amount of big data.
By region, GlobalData Visualization Softwaremarket in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the adoption by manufacturers in North America of precision engineering practices with an emphasis on accuracy and durability in the manufacture of products has resulted in an increase in the region's use of Data Visualization Software. The Asia Pacific region is projected to register the fastest growth rate in the target market due to thepresence of large industrial bases for electronic production in China, Japan, Korea and digitalizing the infrastructurein the region.Global Data Visualization Software Market Competitive Landscape:
The objective of the report is to present a comprehensive analysis of the Global Data Visualization Software Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.The report also helps in understanding Global Data Visualization Software Market dynamics, structure by analyzing the market segments and projects the Global Data Visualization Software Market size. Clear representation of competitive analysis of key players by Deployment, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Data Visualization Software Market make the report investor’s guide.
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Global Data Visualization Software Market, By Deployment
• Cloud-based• On-premisesGlobal Data Visualization Software Market, By Industry Verticals
• Education• Government &Defence• IT & Telecommunications• Aerospace & Defense• Manufacturing• Media & Entertainment• Automotive• Banking Financial Services and Insurance• Consumer Goods• OthersGlobal Data Visualization Software Market, by Region
• North America• Europe• Asia-Pacific• MEA & Africa• Latin AmericaGlobal Data Visualization Software Market Key Players
• Salesforce.com, inc• Autodesk Inc• Microsoft Corporation• Zoho Corporation Pvt. Ltd• MangoApps Inc• talkspirit• TIBCO Software• Kaltura Inc.• Jive Software• VMWare• Socialtext• Zyncro Tech S.L.• IBM Corporation• Cisco
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