Press release
Data visualization tools Market 2022 Size At 9.7% CAGR Share, Future Demand, Top Key-Players and Growth 2029
The Global Data visualization tools Market is forecast to reach USD 13 billion by 2028 by rising at a compound annual growth rate (CAGR) of 9.7% throughout the forecast period from 2019 to 2028Data visualization tools Market Overview
The rise in the usage of AR/VR in data visualisation to assist their companies is a key driver for the growth of the Global Data Visualization Tools market. Across industry sectors, major corporations are using Augmented Reality and Virtual Reality to gain greater access to data and make better decisions. Furthermore, it is not required to be a data scientist to comprehend and learn the interactive aspect of data analytics; anyone with a basic understanding of data analytics can do so. BadVR, for example, is a company that specialises in virtual reality. With the advent of data, manually pulling together data from multiple parts in order to make an informed decision has become difficult, and combining AR/VR can display a big number of data with alternative representations, allowing the user to see the data in a different light.
The global Data visualization tools market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In March 2021, Alteryx partnered with Tech Data, an APA company that automates analytics, data science, and processes to accelerate business outcomes. The partnership aims at providing Tech Data and its partners access to the Alteryx unified platform that simplifies analytics, data science, and process automation to accelerate digital transformation for customers.
In March 2021, Tableau launched a new dedicated region in London, UK, to harvest data insights using its fully hosted SaaS offering, Tableau Online. This region would be dedicated to offer Tableau's customers enhanced performance and more choice in data locality. The SaaS offering would be hosted by AWS' infrastructure in London. Tableau Online enables its fast-growing European customer base to instantly access, analyze, and share data through visualization.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Data visualization tools market manufacturers. The revenue created from the sales of Data visualization tools Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Salesforce, SAP, Microsoft, Oracle, IBM, AWS, Alteryx, Alibaba Cloud, SAS Institute, and Dundas and Others.
The Data visualization tools Market has been segmented as below:
Data Visualization Tools Market By Tool, 2019-2028, (In USD Million)
Standalone
Integrated
Data Visualization Tools Market By Vertical, 2019-2028, (In USD Million)
BFSI
Healthcare & Life Sciences
Telecommunications & It
Government
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Data visualization tools Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Data visualization tools market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Data visualization tools Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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