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Cloud-Based Solutions Propel Growth Of The Dashboard Software Market: The Driving Engine Behind Dashboard Software Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Dashboard Software Market Size Growth Forecast: What to Expect by 2025?
The size of the dashboard software market has seen substantial growth recently. It is projected to increase from $6 billion in 2024 to $6.88 billion in 2025, representing a compound annual growth rate (CAGR) of 14.6%. Factors contributing to the growth seen in the historic period include an elevated demand for data visualization, an increase in the adoption of cloud-based solutions, expansion in the big data analytics segment, an escalation in mobile device usage, and rising automation.
How Will the Dashboard Software Market Size Evolve and Grow by 2029?
The market size for dashboard software is projected to witness exponential expansion in the coming years, reaching $11.75 billion by 2029 with a 14.3% compound annual growth rate (CAGR). This predicted growth during the forecast period is due to several factors such as growing demand for mobile-friendly dashboards, a heightened focus on data-guided business choices, improved emphasis on operational effectiveness, the increasing practice of remote working, and heightened investments in the digital transformation agenda. Key trends for this forecast period encompass technological evolution, incorporation of artificial intelligence, deployment of cloud-based remedies, mobile dashboard implementation, and the internet of things.
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What Drivers Are Propelling the Growth of Dashboard Software Market Forward?
The dashboard software market's expansion is projected to be fueled by the growing acceptance of cloud-based solutions. Cloud-based solutions, which include services, applications, or resources available and utilized via the internet instead of being hosted on local servers or gadgets, are increasingly adopted for reasons such as cost-effectiveness, scalability, security, performance, and dependability. Dashboard software is advantageous for cloud-based solutions as it offers immediate access to data, scalability, and adaptability, facilitating centralized, secure, and easy-to-access visualizations from any device. For instance, in December 2023, Eurostat, an EU statistical office based in Luxembourg, reported that roughly 45.2% of EU businesses utilized cloud computing services in 2023, primarily for email hosting, file storage, and various operational jobs, indicating a significant rise of 4.2 percentage points from 2021. In 2023, the most commonly acquired cloud computing services were email services (82.7%), followed by file storage services (68.0%), and office software (66.3%). As a result, the increasing adoption of cloud-based solutions is propelling the expansion of the dashboard software market.
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Which Emerging Trends Are Transforming the Dashboard Software Market in 2025?
Leading firms in the dashboard software industry are focusing on the creation of technologically superior products, such as interactive dashboards for simplified data processing. Interactive dashboards are visual aids used for the interpretation of data, generating reports, and decision-making. For instance, in April 2023, a software development firm based in the US, Inntopia, released Destination Explorer, a powerful dashboard software specifically designed for destination marketing organizations (DMOs), convention and visitor bureaus (CVBs), and accommodation providers. This innovative tool offers a user-friendly platform for analyzing both predictive occupancy data and past performance records. Offering advanced insights with adaptable filters, users are empowered to examine how influencing factors like economic conditions, bookings, climate, consumer confidence, holidays, school vacations and special events shape guest reservation patterns. This extensive analysis significantly aids property managers in making data-guided choices pertaining to pricing, manpower management, and extra service incentives.
What Are the Key Segments in the Dashboard Software Market?
The dashboard softwaremarket covered in this report is segmented -
1) By Deployment: On-Premises, Cloud-Based
2) By Organization: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By Functionality: Business Intelligence (BI) Dashboards, Operational Dashboards, Executive Dashboards, Departmental Dashboards
4) By Industry Vertical: Healthcare, Retail, Telecommunications And IT, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Government And Defense, Other Industry Verticals
Subsegments:
1) By On-Premises: Traditional Desktop Dashboard Software, Customizable On-Premises Dashboard Solutions, Integrated On-Premises Analytics Platforms
2) By Cloud-Based: SaaS (Software as a Service) Dashboard Solutions, Subscription-Based Cloud Dashboard Tools, Mobile-Optimized Cloud Dashboard Applications, Collaborative Cloud Dashboard Platforms
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Who Are the Key Players Shaping the Dashboard Software Market's Competitive Landscape?
Major companies operating in the dashboard software market are Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., The Sage Group plc, Tableau Software LLC, Zendesk Inc., Zoho Corporation Pvt. Ltd., TIBCO Software Inc., Smartsheet Inc., Domo Inc., Sisense Inc., Wrike Inc., Corporater AS, GoodData Corporation, Phocas Group Limited, Scoro Software OÜ, Yellowfin International Pty Ltd., Klipfolio Inc., Geckoboard Inc., Cyfe Inc., Agency Analytics Inc., InetSoft Technology Corporation
What Geographic Markets Are Powering Growth in the Dashboard Software Market?
North America was the largest region in the dashboard software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dashboard software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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