Data visualization helps to identify the inter-relation between multi-dimensional sets of data and provide practical features for interpreting them. Therefore, most of the small, medium and large enterprises are adopting these tools for scrutinizing customer buying and other business operational patterns to forecast their future sale strategies accordingly. This acts as a significant factor in promoting data visualization market growth. Additionally, the increasing acceptance of such platforms for software advisory and predictive analysis is also set to aid in the expansion of the market in the forecast period.
The global data visualization market size stood at USD 8.85 billion in 2019 and is projected to reach USD 19.20 billion by 2027, exhibiting a CAGR of 10.2% during the forecast period.
Geographically, the global market for data visualization is dominated by North America on account of the increasing penetration of these tools in most of the industries in the region. In 2019, this region generated USD 3.84 billion. A rise in the expenditure on business intelligence and analytics is adding a boost to the regional market. Furthermore, the presence of significant players in this region is likely to help it continue dominating the market in the coming years.
Fortune Business Insights™ lists out the names of all the providers. They are as follows:
• Alteryx, Inc. (California, United States)
• Visually, Inc. (California, United States)
• Adaptive Insights (Subsidiary of Workday, Inc.) (California, United States)
• SAP SE (Walldorf, Germany)
• Dundas Data Visualization, Inc. (Toronto, Canada)
• IBM Corporation (New York, United States)
• Domo, Inc. (Utah, United States)
• Microsoft Corporation (Washington, United States)
• QlikTech International AB (Pennsylvania, United States)
• Highsoft AS (Sogn, Norway)
• Looker Data Sciences, Inc. (California, United States)
• ChartBlocks Ltd. (New York, United States)
• Tableau Software, LLC (California, United States)
• Cluvio GmbH (Berlin, Germany)
• Sisense, Inc. (New York, United States)
• Other vendors
For More Information, Request a Sample Copy of the Global Market Research Report:-
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/data-visualization-market-103259
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