Data Visualization Tools Market Growth, Size, Share, Trends, and Forecast 2030

Data Visualization Tools Market

Data Visualization Tools Market - By Component (Software and Services), By Industry (BFSI, Construction & Real Estate, Consumer Goods, Education, Government, Pharmaceuticals, IT, and Healthcare) And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 130 Report Code: ZMR-6247 Published Date: May-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 Growth Rate (in %) Base Year
USD 8.1 billion USD 18.1 billion CAGR at 10.1% 2019

Data Visualization Tools Market

Data Visualization Tools Market

The global Data Visualization Tools market accrued earnings worth approximately 8.1(USD Billion) in 2019 and is predicted to gain revenue of about 18.1(USD Billion) by 2026, is set to record a CAGR of nearly 10.1% over the period from 2020 to 2026. The report offers assessment and analysis of the Data Visualization Tools market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Overview

Data visualization tools offer designers in producing visual representations of big data sets in an easier way. These tools help data scientists or data analysts in dealing with data sets comprising of large number of data points along with automating visualization process. In addition to this, tools of data visualization can be utilized for yearly reports, investor slide decks, dashboards, and sales & marketing activities. The best of these tools can handle multiple data sets in a single visualization and can display various kinds of charts, maps, and graphs in an effective way. Citing an instance, tableau software is the best example of the data visualization tool and public version of this software is available for free for producing data visualizations.

Market Growth Drivers

Surge in acceptance of data visualization tools by small, giant, and medium-scale firms will steer the growth of data visualization tools market over 2020-2026. In addition to this, massive use of these tools in predictive analytics as well as by software advisory services will embellish the size of data visualization tools industry over the assessment period. Apart from this, data visualization platform assists business personnel in gaining insights from large proportion of unstructured data and facilitates in effectively demonstrating data for unsupervised learning algorithm such as K-means algorithm. All these aspects will not only enhance the market profitability but will also help in expanding the market scope. Additionally, need for effective graphical data representation in the form of pie chart, scatter plots, column chart, and line chart will assist in increasing market size over the years ahead.

Furthermore, with increase in the data and need for critically examining purchasing pattern of the consumers has resulted in massive demand for data visualization tools by retail shops and supermarket & hypermarket  stores in the recent years. This, in turn, will generate high growth prospects for data visualization tools market in the coming years.

North America To Make Notable Contributions Towards Overall Market Share By 2026

The expansion of data visualization tools industry in North America over the assessment timespan can be credited to massive use of data visualization tools in the small & medium-scale companies in the U.S. In addition to this, rise in the need for data analytics in flourishing retail sector across countries like Canada & the U.S. will result in expansion of market size in the region over 2020-2026. Humungous need for information tracking from different sources and then representing this information through various kinds of charts in the form of data representation will drive the regional market trends.

Data Visualization Tools Market: Report Scope

Report Attributes Report Details
Report Name Data Visualization Tools Market Research Report
Market Size in 2019 USD 8.1 billion
Market Forecast in 2026 USD 18.1 billion
Growth Rate CAGR of 10.1%
Number of Pages 130
Key Companies Covered Cluvio GmbH, Adaptive Insights, Alteryx, Inc., Domo, Inc., Highsoft AS, IBM Corporation, Microsoft Corporation, SAP SE, Tableau Software, LLC, Sisense, Inc., and ChartBlocks Ltd.
Segments Covered By Industry, By Component, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2017 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Key players profiled in the study include:

  • Cluvio GmbH
  • Adaptive Insights
  • Alteryx, Inc.
  • Domo, Inc.
  • Highsoft AS
  • IBM Corporation
  • Microsoft Corporation
  • SAP SE
  • Tableau Software
  • LLC
  • Sisense, Inc.
  • ChartBlocks Ltd.

The global Data Visualization Tools Market is segmented as follows:

By Industry

  • BFSI
  • Construction & Real Estate
  • Consumer Goods
  • Education
  • Government
  • Healthcare
  • IT
  • Pharmaceuticals

By Component

  • Software
  • Services

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Surge in acceptance of data visualization tools by small, giant, and medium-scale firms will steer the growth of data visualization tools market over 2020-2026. In addition to this, massive use of these tools in predictive analytics as well as by software advisory services will embellish the size of data visualization tools industry over the assessment period. Apart from this, data visualization platform assists business personnel in gaining insights from large proportion of unstructured data and facilitates in effectively demonstrating data for unsupervised learning algorithm such as K-means algorithm. All these aspects will not only enhance the market profitability but will also help in expanding the market scope. Additionally, need for effective graphical data representation in the form of pie chart, scatter plots, column chart, and line chart will assist in increasing market size over the years ahead. Furthermore, with increase in the data and need for critically examining purchasing pattern of the consumers has resulted in massive demand for data visualization tools by retail shops and supermarket & hypermarket  stores in the recent years. This, in turn, will generate high growth prospects for data visualization tools market in the coming years.

 

According to Zion market research report, the global Data Visualization Tools market accrued earnings worth approximately 8.1(USD Billion) in 2019 and is predicted to gain revenue of about 18.1(USD Billion) by 2026, is set to record a CAGR of nearly 10.1% over the period from 2020 to 2026.

North America will contribute lucratively towards the global market size over the estimated timeline. The regional market surge over 2020-2026 is due to massive use of data visualization tools in the small & medium-scale companies in the U.S. In addition to this, rise in the need for data analytics in flourishing retail sector across countries like Canada & the U.S. will result in expansion of market size in the region over 2020-2026. Humungous need for information tracking from different sources and then representing this information through various kinds of charts in the form of data representation will drive the regional market trends.

The key market participants include Cluvio GmbH, Adaptive Insights, Alteryx, Inc., Domo, Inc., Highsoft AS, IBM Corporation, Microsoft Corporation, SAP SE, Tableau Software, LLC, Sisense, Inc., and ChartBlocks Ltd.

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