Press release
Top 3 Reasons Driving the Global Market of Data Visualization at 10.2% CAGR to 2027 | Key Companies Profiles are Alteryx, Inc. (California, United States), Visually, Inc. (California, United States), Adaptive Insights (Subsidiary of Workday, Inc.) (Califo
What Are the Objectives of the Report?
The report provides a 360-degree overview of the Data Visualization Market and focuses on key growth factors such as advantages, disadvantages, challenges, and upcoming opportunities of the market. It also throws light on the significant industry developments, currently prevalent trends, and other interesting insights into the market. The report offers charts and graphs of various segments of the Data Visualization Market and provides future market figures predicted by analysts. It also discusses the nature of the market competition, list of players, and the crucial strategies adopted by them to gain a prominent position. For more information, log on to the company website.
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The current pandemic of COVID-19 has not only affected personal lives but also has had a devastating effect on all businesses worldwide. The governments of every nation are engaging in various strategies to improve the situation, and we hope to overcome this situation soon. We, at Fortune Business Insights, are offering analytical reports on multiple markets affected by this pandemic for business management teams and financers to get a clear understanding of the pros and cons of investments on the same. These reports offer insights into various Data Visualization Market and the steps that can be adopted to improve their revenue generation in the coming years.
Key questions answered in the report:
What will the Data Visualization Market growth rate of Nuclear Medicines Radioisotopes market in 2026?
What are the key factors driving the global Nuclear Medicines Radioisotopes market?
Who are the key manufacturers in Data Visualization Market space?
What are the market opportunities, market risk and market overview of the market?
What are sales, revenue, and price analysis of top manufacturers of Data Visualization Market?
Who are the distributors, traders and dealers of market?
What are the Data Visualization Market opportunities and threats faced by the vendors in the global Nuclear Medicines Radioisotopes industry?
What are sales, revenue, and price analysis by types and applications of market?
What are sales, revenue, and price analysis by regions of Data Visualization Market industry?
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Drivers and Restraints-
Increasing Adoption from Retail and E-commerce Industries will Augment Growth
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 the customer buying and other business operational patterns to forecast their future sale strategies accordingly. This acts as a significant factor in promoting the 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.
On the contrary, the high cost of installing such tools may pose a significant drawback to the market in terms of revenue generation. This, coupled with the lack of centralized data security, may restrict the growth of the Data Visualization Market.
Nevertheless, adoption of the Internet of Things (IoT) and artificial intelligence (AI) technologies are likely to result in a massive data pool for both unstructured and structured data, thereby creating better growth opportunities for the market in the coming years.
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Segment:
Retail and E-commerce Segment to Enjoy Dominance on Account of Increasing Data Generation
In 2019, the retail and e-commerce segment earned 9.6% data visualization market share owing to the increasing demand for such tools to suffice to the growing data generated in these respective sectors. These tools aid in capturing key patterns, trends, and insights that will be helpful to plan future strategies for better revenue generation.
Regional Analysis-
North America to Dominate Accountable to Strong Presence of Key Players
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.
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Competitive Landscape-
Players to Focus on Geographical Expansion to Maintain their Position
The key players operating in this Data Visualization Market are engaged in merger and acquisition strategies to expand their geographical footprint and attract higher revenue in the coming years. Besides this, they are also investing in innovative technology-quipped solutions, such as natural language processing, artificial intelligence, and others to maintain a strong position in the market competition.
Key Industry Developments of the Market Include:
February 2019 DataRobot Inc. and QlikTech International AB entered into a strategic partnership for the integration of automated machine-learning modelling directly into their platform. This will help the users to get access to predictive data and accordingly take decision-making steps.
Highlights of the Report:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Data Visualization Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the Data Visualization Market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Data Visualization Market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Data Visualization Market
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Fortune Business Insights™Data Visualization Market 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)
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
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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