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Generative Artificial Intelligence (AI) In Data Visualization Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Generative Artificial Intelligence (AI) In Data Visualization Market Trends
What Is the Expected Generative Artificial Intelligence (AI) In Data Visualization Market Size During the Forecast Period?
In recent times, the market size for generative artificial intelligence (AI) in data visualization has seen a quick expansion. It is projected to swell from a valuation of $4.38 billion in 2024 to an impressive $5.04 billion by the following year, marking a compound annual growth rate (CAGR) of 15.1%. Factors contributing to such historic growth can be traced back to the rise of big data analytics, the surging demand for insights derived from real-time data, the widespread adoption of cloud computing, the increased reliance on data-driven decision processes, and the increasing necessity for superior data interpretation across different sectors.
Over the coming years, rapid expansion is anticipated in the market of generative artificial intelligence (AI) in data visualization. The market is projected to reach a value of $8.79 billion by 2029, with a compound annual growth rate (CAGR) of 14.9%.The upcoming growth is primarily due to the rising emphasis on tailored and interactive data experiences, enhancements in generative model capabilities, increased funds for AI research and development, a surge in the use of AI-enhanced business intelligence tools, and the growth of 5G technology. The forecast period is expected to witness trends including hyper-personalized visual experiences, augmentation with augmented reality (AR) and virtual reality (VR), advancements in AI-powered predictive analytics, self-service data visualization tools, and the employment of natural language interfaces for data queries.
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What Are the High-Growth Segments in the Generative Artificial Intelligence (AI) In Data Visualization Market?
The generative artificial intelligence (AI) in data visualization market covered in this report is segmented -
1) By Technology: Generative Adversarial Networks (GANs); Variational Autoencoders (VAEs); Other Technologies
2) By Deployment: Cloud-Based; On-Premises
3) By Application: Exploratory Data Analysis; Business Intelligence; Reporting; Other Applications
4) By Industry Vertical: Information Technology (IT) And Telecom; Healthcare; Finance; Retail; Manufacturing; Other Industry Verticals
Subsegments:
1) By Generative Adversarial Networks (GANs): Image Generation For Data Visualization; Video And Animation Generation; Data Augmentation For Visualization
2) By Variational Autoencoders (VAEs): Dimensionality Reduction For Visualization; Anomaly Detection And Visualization; Data Smoothing And Reconstruction
3) By Other Technologies: Reinforcement Learning For Visualization; Deep Learning Algorithms For Visual Representation; Neural Networks For Graphical Data Interpretation
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What Key Drivers Are Expected to Influence Future Generative Artificial Intelligence (AI) In Data Visualization Market Growth?
The surge in data production is anticipated to fuel the expansion of the generative artificial intelligence in data visualization sector. The heightened adoption of digital technology, IoT tools, and the escalating number of internet users contribute to the data production boost. Generative artificial intelligence in data visualization streamlines data management by automating the generation of insights, operationalizing intricate data, and making them more comprehendible. To illustrate, a study released by The Linux Foundation, a non-profit consortium based in the US, in December 2022, found that data growth for a typical end-user organization hit a significant 2,208 TB in 2022, marking an increase of 215.43% or threefold the 700 TB in 2021. As a result, the surge in data production is stoking the expansion of the generative artificial intelligence in data visualization sector.
Which Companies Hold the Largest Share Across Different Generative Artificial Intelligence (AI) In Data Visualization Market Segments?
Major companies operating in the generative artificial intelligence in data visualization market are Alphabet Inc., Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, NVIDIA Corporation, Salesforce Inc., Baidu Inc., Autodesk Inc., Qlik Technologies AB, MicroStrategy Incorporated, Domo Inc., Sisense Inc., ThoughtSpot Inc., ARKA Software, XenonStack, Yellowfin BI, Plotly, Akaike Technologies Pvt. Ltd., Klipfolio Inc., ClicData Inc., Metabase Inc.
What Trends Are Driving Growth in The Acute Hospital Care Market?
Leading firms in the generative artificial intelligence in data visualization market are creating sophisticated solutions, such as AI-driven graphics, to amplify data interpretation, automate visual insights, and enhance the decision-making processes. AI-driven graphics involve software that employs AI to autonomously produce, improve, or streamline visual content like charts, graphs, and designs from data inputs. As an illustration, in June 2024, Databricks Inc., a software solution company based in the US, introduced AI/BI, a visualization tool powered by AI. This tool streamlines the visualization process by using AI to independently develop and refine visual depictions of complex data sets, thereby rendering data analysis more efficient and user-friendly. It accommodates a wide range of applications, encompassing business intelligence, data exploration, predictive analytics, anomaly detection, operational monitoring, tailored reporting, and interactive data scrutiny, all aiming at strengthening decision-making, increasing operational efficiency, and providing profound insights into data.
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What Are the Emerging Geographies for The Generative Artificial Intelligence (AI) In Data Visualization Market Growth?
North America was the largest region in the generative artificial intelligence in data visualization market in 2024. The regions covered in the generative artificial intelligence in data visualization market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative Artificial Intelligence (AI) In Data Visualization Market?
2. What is the CAGR expected in the Generative Artificial Intelligence (AI) In Data Visualization Market?
3. What Are the Key Innovations Transforming the Generative Artificial Intelligence (AI) In Data Visualization Industry?
4. Which Region Is Leading the Generative Artificial Intelligence (AI) In Data Visualization Market?
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