Data Visualization Market Research Report by Type, Technology, End-User, Geographic Area- Global Forecast to 2023 - Cumulative Impact of COVID-19

(The Express Wire via Comtex)

Global "Data Visualization Market" analysis report includes key market info beside quantitative knowledge necessary to form key business methods and plans before getting into the Data Visualization market. knowledge provided associated with market drivers, future trends, growth opportunities and challenges, competition by makers, production and capability by region, market dynamics and COVID-19 is roofed during this report.

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List Of TOP KEY PLAYERS in Data Visualization Market Report are:-

● Tableau Software
● SAP SE
● SAS Institute
● Inc.
● Microsoft Corporation
● Oracle Corporation
● TIBCO Software Inc.
● IBM Corporation
● And Others

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

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About Data Visualization Market:

The global data visualization market was valued at USD 4.51 billion in 2017, and is expected to reach a value of USD 7.76 billion by 2023 at a CAGR of 9.47% over the forecast period (2018 - 2023). The scope of the report is limited to solutions offered by major players, including solution providers of both visual analytics and reporting tools. This report focuses on the adoption of these solutions by various end users in different regions across the globe. The study also emphasizes on latest trends, industry activities, and vendor market activities.With the advent of advanced analytical and business intelligence solutions, data visualization solutions, like scorecards and dashboards, which were usually deployed as a subset of a larger business intelligence solution, today emerge more flexible. In addition, these dashboards today have developed their own niche market, along with vendors offering best and customer-centric dashboard solutions to be used on top of current BI applications or other operational systems, like ERP. Deployment of these solutions on cloud is enabling their use on-the-go on mobile devices too. The increasing emphasis on measuring the performance of every operation across an organization to get daily or intra-daily view of their performances is driving the demand for these solutions in the market. Technological advancements within this industry along with rapid growth in big data and the growing need for faster decision-making are some of the other factors accelerating the growth of the market. However, the implementation of this software is complex, and many end-user case studies have reported challenges while aligning these solutions to make use of all the features due to the complex existing organization structure and complex implementation. Further, lack of skills to operate these new processes might challenge the deployment of data visualization applications market worldwide.

Cloud Deployment of these Solutions is driving the Adoption

The deployment of these solutions over the cloud offers greater convenience as the service vendor is responsible for providing maximum uptime, data security, and periodic updates, thus decreasing the total cost of ownership. The current market trends including delivery of these solutions on the pay-as-you-go model and SaaS models (wherein the service vendors assume the responsibility of maintaining data and application information) are further driving the adoption of these solutions. Moreover, this mode has seen an increase in the deployment in small/medium-scale businesses as it cuts down the capital expenditure involved in building the required infrastructure on their premises.

Increased adoption of Data Visualization Tools by BFSI Sector owing to the Growing Operations

The banks today are growing in size and are expanding geographically; the number of branch networks grew leaps and bounds. Hence, the volume of transactions is witnessing exponential growth, and manual operations have become time-consuming and error-prone. As a result, a real-time or near to real-time data visualization has become prevalent in the market and teams today need dynamic dashboards rather than reports. To cater to a load of operations from all bank branches spread across all geographical regions, the banks have started using advanced visualization tools to track their operations.Integration of advanced capabilities, like machine learning, is further helping bankers to optimize their performances and reduce risks. It is reported that a large retail bank in the United Kingdom used machine-learning algorithms to identify fraudulent transactions with more than 90% accuracy. Banks and other financial institutions today are increasing their IT spending to leverage the benefits of the innovations in the market. However, with the increase in cyber terrorism, security of sensitive data, including, personal banking details, commercial banking details and confidential corporate information, are at stake.

37% OF THE TOTAL MARKET SHARE HELD BY NORTH AMERICA

North America is the largest market for business intelligence in the world. The United States is the major shareholder in the North American region. In Canada, which was relatively stable during the recessionary period, the gains are more visible. The industrial sector is on a steady growth path, along with increasing influence of internet on the sales of industrial goods; hence, the increased demand for business intelligence and analytics solutions. It is further reported by Dresner Advisory Services that North America is the global leader in adopting public cloud platforms for Cloud BI, with 60% of organizations either using or planning to use public cloud in 2017, followed by Asia-Pacific.

The key players in this market include Tableau Software, SAP SE, SAS Institute, Inc., Microsoft Corporation, Oracle Corporation, TIBCO Software Inc., IBM Corporation, Information Builders, Dundas Data Visualization Inc., Pentaho Corporation, InetSoft Technology Corporation, and MicroStrategy Inc., among others.

Key Developments in the Market

• January 2018- Tableau Software, Inc. launched Hyper, the new data engine technology included within Tableau 10.5. With Hyper’s ability to slice and dice massive volumes of data in seconds, customers can see up to 5X faster query speed and up to 3X faster extract creation speed.• August 2017 - Oracle Corporation released the latest version of their BI solution named- Oracle Business Intelligence Enterprise Edition (OBIEE) 12.2.1.3 on August 2017. The suite provides enterprises with enhanced BI capabilities. The company is further investing in integration of artificial intelligence capabilities to it. • January 2017 - IBM Security purchased Agile 3 Solutions, a San Francisco-based company that developed a security analytics dashboard aimed at helping executives understand cyber-security risks inside an organization. The acquisition gives IBM another tool in its security arsenal to provide more insight to key decision makers, which ultimately could help them sell more security services.

Reasons to Purchase this Report

• How the growth in data production is driving the need for data visualization tools?• Analyzing various perspectives of the market with the help of Porter’s five forces analysis• Which end-user vertical is likely to witness highest adoption of these tools?• Which deployment mode is expected to dominate the market?• Which regions are expected to witness fastest growth during the forecast period?• Identify the latest developments, market shares and strategies employed by the major market players.• 3 months analyst support along with the Market Estimate sheet in excel

Customization of the Report

• This report can be customized to meet your requirements.

Data Visualization market report explores the international and Chinese major Data Visualization players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2021 Data Visualization market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Data Visualization Sales growth in various regions and RandD status are also covered.

Global Data Visualization Market 2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Market Trend

● Growing research activities coupled with new product launches.

Market Driver

● High Opportunity of Data Visualization .

Market Challenge

● Complications associated with Data Visualization procedures.

The report provides key statistics on the market status of the Data Visualization manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Data Visualization .

Data Visualization Market Report Overview includes major players of the global Data Visualization Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Data Visualization market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Data Visualization Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Data Visualization .

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast of the following regions are including:

● North America (United States, and Canada)
● Europe (France, UK)
● Asia-Pacific (China, Japan)
● South America (Brazil, Argentina)
● Middle East and Africa

Major Key Contents Covered in Data Visualization :

● Introduction of Data Visualization with development and status.
● Manufacturing Technology of Data Visualization with analysis and trends.
● Analysis of Global Data Visualization Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
● Analysis of Global and Chinese Data Visualization Capacity, Production, Production Value, Cost and Profit
● Analysis of Data Visualization with Comparison, Supply, Consumption, and Import, and Export.
● Data Visualization Analysis with Market Status and Market Competition by Companies and Countries.
● Data Visualization Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Data Visualization market trend, Import and Export.
● Data Visualization Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Data Visualization In Future, we come up with Data Visualization Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Data Visualization Report focuses on providing the best returns of an investment to investors.

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Table Of Content:

1. Introduction 1.1 Key Deliverables of the Study 1.2 Study Assumptions 1.3 Market Definition 1.4 Key Findings of the Study2. Research Approach and Methodology3. Executive Summary4. Market Dynamics 4.1 Market Overview 4.2 Factors Driving the Market 4.2.1 Cloud Deployment of these Solutions 4.2.2 Growing Need for Faster Decision Making 4.3 Factors Challenging the Market 4.3.1 Lack of Tech Savvy and Skilled Workforce/Inability to Get Hold of New Features 4.3.2 Complex Implementation 4.4 Industry Value Chain Analysis 4.5 Industry Attractiveness- Porter's Five Industry Forces Analysis 4.5.1 Bargaining Power of Suppliers 4.5.2 Bargaining Power of Consumers 4.5.3 Threat of New Entrants 4.5.4 Threat of Substitute Products or Services 4.5.5 Competitive Rivalry among Existing Competitors5. Global Data Visualization Market Segmentation 5.1 By Organizational Department 5.1.1 Executive Management 5.1.2 Marketing 5.1.3 Operations 5.1.4 Finance 5.1.5 Sales 5.1.6 Others (Services, Product Management, Human Resources, Procurement) 5.2 Delivery Mode 5.2.1 On-Premise 5.2.2 Cloud/On-Demand 5.3 Industry Vertical 5.3.1 BFSI 5.3.2 IT and Telecommunication 5.3.3 Retail/e-Commerce 5.3.4 Education 5.3.5 Manufacturing 5.3.6 Government 5.3.7 Others 5.4 By Geography 5.4.1 North America 5.4.2 Europe 5.4.3 Asia-Pacific 5.4.4 Latin America 5.4.5 Middle East and Africa6. Vendor Market Share7. Competitive Intelligence- Company Profiles 7.1 Tableau Software 7.2 SAP SE 7.3 SAS Institute Inc. 7.4 Microsoft Corporation 7.5 Oracle Corporation 7.6 TIBCO Software Inc. 7.7 IBM Corporation 7.8 Information Builders 7.9 Dundas Data Visualization Inc. 7.10 Pentaho Corporation 7.11 InetSoft Technology Corporation 7.12 MicroStrategy Inc.8. Investment Analysis9. Future Outlook of Global Data Visualization Market

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COMTEX_397755206/2598/2021-11-26T02:13:49