Data Visualization Software Market Trends, Size, Share, Growth Opportunities and Emerging Technologies to 2029


Data Visualization Software Market is expected to grow at a rate of 12.43 % CAGR from 2022 to 2029, the Data Visualization Software Market is reaching almost US$ 19.31 Bn. in 2029.

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Data Visualization Software Market Overview:

Software for data visualisation is regarded as being essential to data warehousing and business intelligence. It is a graphical method of presenting information and data that makes use of pictures like maps, graphs, and charts. Data outliers, patterns, and trends can be easily seen and understood using data visualisation software.

Due to factors like the rapid digitalization of businesses and consumers for many technology companies, data-driven automation will be a strategic focus, and cloud services are continuing to grow in the pandemic by leveraging AI and ML capabilities, the global market for data visualisation software is booming and is expected to grow post-pandemic.

Data Visualization Software Market Trends:

There are a number of key factors that are anticipated to drive the growth of the market share for data visualisation software, including the rapid expansion of big data, the emergence of the need for predictive analysis and quick decisions, and easy access to visualisation by multiple devices, including desktop, laptops, and mobile. Additionally, the adoption of IoT and AI technologies is anticipated to increase both structured and unstructured data, providing the market with lucrative growth opportunities from 2022 to 2029.

Data visualisation software market growth is anticipated to be further fueled by the growing adoption of visual analytics and scientific data visualisation by small, medium, and large organisations for determining the relationships between multi-dimensional sets of data and analysing vast amounts of information to make data-driven decisions.

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Data Visualization Software Market Research methodology:

Top-down and bottom-up approaches are used to estimate and validate the size of the worldwide Data Visualization Software market. To compile a comprehensive list of functional and pertinent players, players closely adhere to various industry classification criteria. In order to identify the most relevant competitors for the survey in the Data Visualization Software market, a rigorous validation test is also conducted. With the use of paid databases like Factiva, Bloomberg, etc., priority lists are ordered according to revenue generated based on most recent reporting.

Lastly, the questionnaire was established and particularly created to satisfy all requirements for gathering primary data via previous appointment, focusing on the principal target categories, including This assists us in gathering information on, among other things, player revenue, operational cycle and spending statistics, profit, and product or service growth. The majority of the data—roughly 70–80 percent—is gathered through primary media and then verified using a variety of secondary sources, such as authorities, the World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, etc.

Data Visualization Software Market Segment:

The retail/E-Commerce segment is anticipated to grow at the highest CAGR of 13% between 2022 and 2029 based on the deployment model. The amount of data being generated from various channels, including blogs, social media sites, and apps, is dramatically increasing in the retail sector. Through increased use of devices like sensors and RFID, the IoT has been incorporated into the retail sector more frequently over the past ten years.

In 2021, the SMEs sector dominated the market in terms of enterprise size. This expansion of traditional SMEs into e-commerce platforms and effective use of the data they can gather are credited with this growth.

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Data Visualization Software Market Key players:

  • Sisense
  • Zoho
  • Domo
  • Microsoft
  • Qlik
  • Hitachi Vantara
  • Klipfolio
  • IBM
  • MATLAB
  • Kibana
  • SAP
  • Plotly
  • Google
  • Chartio

Data Visualization Software Market COVID 19 Impact:

The three primary ways that COVID-19 can impact the global economy are direct changes in supply and demand, market and supply chain disruptions, and economic impacts on businesses and financial markets. Our researchers, who are monitoring the situation globally, predict that the market will present producers with enticing opportunities following the COVID-19 issue. The purpose of the report is to emphasise the sector-wide effects of the current environment, the economic slump, and COVID-19 in more detail.

Data Visualization Software Market Regional Analysis:

On the basis of geography, the Data Visualization Software market is segmented into 5 main regions and they are- North America, Europe, Asia Pacific, the Middle East, Africa, and South America respectively.

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Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bevera

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe, Pune, Maharashtra

411041
India
Phone : +91 9607365656
View website

Published in

Technology , Software

Published on

Nov 23, 2022

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