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Data Visualization Market Worth USD 20.16 Billion by 2028 | CAGR, Share, Latest Trends, Regional Segmentation, Key Drivers, Opportunities, Challenges, Top Players

The global data visualization market size is expected to reach USD 20.16 Billion in 2028 and register a revenue CAGR of 10.2% over the forecast period, according to the latest report by Emergen Research. Rapidly increasing demand for cloud computing and growing need for ability to make decisions quickly across various organizations and sectors are key factors driving global data visualization market revenue growth.Data visualization system refers to graphical representation of data by using various tools and software. Various data visualization tools such as charts, graphs, maps, and others make data more easily understandable.

The rising technology in Data Visualization Market is also depicted in this research report. Factors that are boosting the growth of the market, and giving a positive push to thrive in the global market is explained in detail. The study considers the present scenario of the data center power market and its market dynamics for the period 2021-2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

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In its latest report, Reports offers an exhaustive overview of the Data Visualization market with a focus on key dynamics, including drivers, restraints, opportunities, trends, and detailed information about the Data Visualization market structure. Data Visualization market sales across the world will rise with the increasing adoption of activities and advanced technology. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for survival.

Leading Key Players Operating in the Data Visualization Market Includes:

Alteryx Inc., InetSoft Technology Corp., Microsoft Corporation, Oracle Corporation, SAP SE, IBM Corporation, SAS Institute Inc., TIBCO Software Inc., Tableau Software LLC, and Dundas Data Visualization Inc.

Key Drivers & Barriers:

High-impact rendering factors and drivers have been studied in the Data Visualization market report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks in the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

 For More Information or Query [email protected]  https://www.emergenresearch.com/industry-report/data-visualization-market

Some of the features of Data Visualization Market Report:

  • In August 2019, Salesforce.com, Inc. acquired Tableau Software, LLC. This consolidation has proven to be a major turning point in the data visualization market, which has strengthened the company’s analytical capabilities and enabled delivery of AI-driven insights to their customers.
  • Software segment accounted for a significantly large revenue share in 2020 owing to rapid technological advancements and innovations. Continuous product innovation is boosting demand for data visualization software such as Google charts, Tableau, Datawrapper, and others.
  • BSFI segment accounted for largest revenue share in 2020 owing to rising demand for data visualization system in this sector. BSFI has to maintain a vast number of databases and data volumes for various purposes. Compilation and integration of such large databases becomes a major challenge, which has been eased with the help of data visualization software and tools. Moreover, launch of new software such as location intelligence software enables banking and insurance companies to analyze their business models more easily and conveniently.

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Emergen Research has segmented the global data visualization market on the basis of component, deployment, enterprise, end use, and region:

Component Outlook (Revenue, USD Million, 2018–2028)

  • Software
    1. Standalone Visualization Software
    2. Embedded Data Visualization Module
  • Solution
  • Services
    1. Consulting Services
    2. Support Services

Deployment Outlook (Revenue, USD Million, 2018–2028)

  • Cloud
  • On-premises

Enterprise Outlook (Revenue, USD Million, 2018–2028)

  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises

End Use Insights Outlook (Revenue, USD Million, 2018–2028)

  • Banking, Financial Services and Insurance (BFSI)
  • IT and Telecom
  • Retail and e-Commerce
  • Healthcare and Life Sciences
  • Education
  • Transportation and Logistics
  • Government and Public Sector
  • Other End Uses

 The study segments the Data Visualization industry in light of major classification such as product type, potential markets, application, and end-user. This industry assessment for the forecast period, 2021 – 2028 incorporates projections pertaining to the investment feasibility, gross margin, profits, consumption volume, production capability and major market vendors. Likewise, statistics associated with the competitive landscape, shifting consumer behaviour and spending power is showcased and well-explained with the help of treasured resources such as charts, graphs and graphic images, which can be easily incorporated in the business or corporate presentations.

Key point summary of the report:

  • The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
  • It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
  • The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
  • It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
  • The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
  • The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

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The post Data Visualization Market Worth USD 20.16 Billion by 2028 | CAGR, Share, Latest Trends, Regional Segmentation, Key Drivers, Opportunities, Challenges, Top Players appeared first on Market O Graphics.

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