The latest report published by Fortune Business Insights highlights the growth prospects of the Data Visualization Market Size 2024-2032 In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such as the market dynamics, drivers, restraints, challenges, threats, potential growth opportunities, market trends, development patterns, financial information, latest technologies, innovations, leading competitors, and regional analysis of the market.
The global Data Visualization Market size is expected to grow from USD 8.85 billion in 2019 to USD 19.20 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.
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Top Companies Covered In This Report:
- Adaptive Insights (Subsidiary of Workday, Inc.) (California, United States)
- Alteryx, Inc. (California, United States)
- ChartBlocks Ltd. (New York, United States)
- Cluvio GmbH (Berlin, Germany)
- Domo, Inc. (Utah, United States)
- Dundas Data Visualization, Inc. (Toronto, Canada)
- Highsoft AS (Sogn, Norway)
- IBM Corporation (New York, United States)
- Looker Data Sciences, Inc. (California, United States)
- Microsoft Corporation (Washington, United States)
- QlikTech International AB (Pennsylvania, United States)
- SAP SE (Walldorf, Germany)
- Sisense, Inc. (New York, United States)
- Tableau Software, LLC (California, United States)
- Visually, Inc. (California, United States)
Driving Factor:
Acceptance of Visualization for Structured Data Will Enable Speedy Market Expansion
Over the past few years, the data collected from the internet was cluttered and unstructured, resulting in inconveniency for organizations to streamline data. To gain structured data analysis and insights on the market, business organizations are increasingly adopting the technology to plan their activities and estimate their upcoming product launch or strategy. The visualization technology incorporates artificial intelligence (AI) and machine learning (ML) technologies to map out a detailed data-based report for the organizations. It provides personalization to the firms to understand statistics.
For example, Deloitte Touche Tohmatsu Ltd announced a public data visualization using advanced technologies such as AI, ML, and blockchain to provide informative data. Further, companies are acquiring other players to enhance their technology. For example, Alphabet Inc. announced that Google LLC had planned the acquisition of data analysis software Looker Data Sciences in June 2019 for approximately USD 2.60 billion for providing a platform that enables to connect, visualize, and collect statistics from several platforms. The rising adoption of the software by major companies because of the advanced technology is expected to drive the data visualization market for the forecast period.
However, higher cost for the adoption of visualization system is expected to hinder the market growth.
Report Highlights:
- A comprehensive overview of the Data Visualization Market
- Significant factors boosting, restricting, challenging and providing an opportunity to the market
- Key insights and major industry developments
- Significant players functioning in the Data Visualization Market
- Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
- Other market trends
Data Visualization Market Segments:
By Component
- Software
- On Premise
- Cloud
- Services
- Consulting Services
- Support Services
By Solution
- Standalone Visualization Software
- Embedded Data Visualization Module
By Enterprise Size
- Small Enterprises
- Medium Enterprises
- Large Enterprises
By Industry
- BFSI
- Construction and Real Estate
- Consumer Goods
- Education
- Government
- Healthcare and Pharmaceuticals
- Information Technology, Services, and Telecommunications
- Research
- Retail and E-commerce
- Transportation and Logistics
- Others (Veterinary, Environmental Services, Non-Profit Organization Management, and others.)
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Regional Analysis for Data Visualization Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
Research Methodology:
The analysis of research methodology involves the evaluation of the techniques employed in a research study to collect and analyse data. This report integrates both primary and secondary data analysis, enabling companies to gain a comprehensive understanding of the research topic. By triangulating data from multiple sources, this approach helps validate findings and generate new insights. The analysis encompasses the assessment of research design, data collection techniques, sampling methods, and data analysis tools utilized in the study. By examining these elements, the analysis aims to determine the reliability, validity, and generalizability of the research findings. Factors such as the alignment of study design with research objectives, appropriateness of data collection methods, representativeness of sampling techniques, suitability of analytical methods, and adherence to ethical considerations are carefully evaluated.
FAQ’s
Q.1. What are the primary drivers of the Data Visualization Market?
Q.2. What are the main factors propelling and impeding the growth of the Data Visualization Market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Data Visualization Market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Data Visualization Market now and in the future?
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Table of Contents
1. Executive Summary
1.1 Overview
1.2 Key Findings
2. Introduction
2.1 Background
2.2 Scope and Objectives
2.3 Methodology
3. Data Visualization Market Growth Overview
3.1 Definition and Classification
3.2 Data Visualization Market Share Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Industry Challenges
4. Global Trends and Forecast
4.1 Overview
4.2 Data Visualization Market Share Trends
4.3 Industry Share and Future Outlook
4.4 Growth Prospects
5. Data Visualization Market Size Regional Analysis
5.1 North America
5.2 Europe
5.3 Asia-Pacific
5.4 Latin America
5.5 Middle East and Africa
6. Data Visualization Market Analysis
6.1 Data Visualization Market Key Players
6.2 Market Concentration
6.3 Competitive Landscape
6.4 SWOT Analysis
7. Market Segmentation
8. Conclusion
9. Recommendations
10. Appendix
TOC Continued…
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