Data Visualization Market Size and Growth Insights, Leading Players Updates by 2024

The latest report by Fortune Business Insights, titled ‘Data Visualization Market 2024 Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2024 – 2032,’ provides a thorough analysis of the global Data Visualization Market. The report meticulously examines both macro and micro trends, offering insights into the dynamic factors influencing the market. It encompasses a detailed exploration of qualitative and quantitative aspects, delivering a precise depiction of market size, growth rates, annual progression, prevailing trends, key drivers, promising opportunities, and potential challenges. Additionally, the report highlights the impact of crucial events such as technological advancements and regulatory frameworks on the Data Visualization Market landscape. This exhaustive examination equips businesses and stakeholders with invaluable intelligence for making informed decisions in the evolving Data Visualization 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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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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Top most manufacturers/ Key player by Business Leaders Leading Players of Data Visualization Market:

  • 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)

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)

Frequently Asked Questions (FAQs):

  • What is the current market scenario?
  • What was the historical demand scenario, and forecast outlook from 2023 to 2030?
  • What are the key market dynamics influencing growth in the Global Data Visualization Market?
  • Who are the prominent players in the Global Data Visualization Market?
  • What is the consumer perspective in the Global Data Visualization Market?
  • What are the key demand-side and supply-side trends in the Global Data Visualization Market?
  • What are the largest and the fastest-growing geographies?
  • Which segment dominated and which segment is expected to grow fastest?
  • What was the COVID-19 impact on the Global Data Visualization Market?

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Table of Contents

Industry Overview:

  • Market definition and segmentation
  • Industry trends and drivers
  • Regulatory environment

Data Visualization Market Size and Forecast:

  • Historical market size and growth
  • Current market size and trends
  • Forecast for the future

Competitive Landscape:

  • Key players in the market
  • Market share analysis
  • SWOT analysis of major competitors

Customer Analysis:

  • Target customer demographics
  • Buying behavior and preferences
  • Customer satisfaction and feedback

Product/Service Analysis:

  • Overview of products/services in the market
  • Features and benefits
  • Pricing strategies

Data Visualization Market Trends:

  • Emerging trends in the industry
  • Technological advancements
  • Shifts in consumer behavior

TOC Continued…

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