According to Stratistics MRC, the Global Data Visualization Tools market is accounted for $5.29 billion in 2020 and is expected to reach $14.66 billion by 2028 growing at a CAGR of 13.6% during the forecast period. Increasing demand for an interactive view of data for faster business decisions, developments in augmented reality (AR) and virtual reality (VR) to enable the interaction of companies with data in 3D formats and multi-device access to visualization are the major factors driving the market growth. However, variation in data formats is restraining the market growth.
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Based on deployment mode, the on-premises segment is estimated to have a lucrative growth due tothe accessibility of easy deployment options and minimal requirements of capital and time. These factors support the lockdown scenario of COVID-19 as social distancing, and online purchasing of goods hit the industry and are expected to drive the adoption of cloud-based data visualization tools. By geography, Asia Pacificis going to have high growth during forecast period due to growing awareness for companies to uncover patterns from data silos in key countries, such as China, India, and Japan, is expected to fuel the adoption of data visualization tools.
Some of the key players profiled in the Data Visualization Tools Market include Alteryx, Chartio, Domo, Dundas, Geckoboard, Ggplot2, Highcharts, IBM, Infogram, Kibana, Klipfolio, MATLAB, Microsoft, Plotly, Qlik, SAP, Sisense, Tableau, Visme and Zoho.
Tools Covered:
• Standalone
• Integrated
Deployment Modes Covered:
• On-premises
• Cloud
Organization Sizes Covered:
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
Business Functions Covered:
• Finance
• Human Resources
• Marketing and Sales
• Operations
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Government
• Healthcare and Life Sciences
• Manufacturing
• Retail and eCommerce
• Telecommunications and Information Technology (IT)
• Transportation and Logistics
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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