Data Visualization Tools Market by Tool, Organization Size,

Dublin, May 21, 2021 (GLOBE NEWSWIRE) — The “Global Data Visualization Tools Market by Tool (Standalone, Integrated), Organization Size, Deployment Mode, Business Function, Vertical (BFSI, Telecommunications & IT, Healthcare & Life Sciences, Government), and Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s providing. The world knowledge visualization instruments market is projected to develop from USD 5.9 billion in 2021 to USD 10.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.6% in the course of the forecast interval. Various components such because the rising demand for an interactive view of knowledge for sooner enterprise choices and rising developments in Augmented Reality (AR) and Virtual Reality (VR) to allow the interplay of corporations with knowledge in 3D codecs, are anticipated to drive the demand for knowledge visualization instruments. The knowledge visualization instruments market has witnessed a number of developments by way of instruments provided by the trade gamers. Verticals similar to manufacturing, retail, and power and utilities have witnessed a average slowdown, whereas BFSI, authorities, and healthcare and life sciences verticals have witnessed a minimal affect. The COVID-19 pandemic has given rise to elevated use of line charts, bar charts, and choropleth maps within the information. Simple knowledge visualizations have turn into the important thing to speaking very important details about the coronavirus pandemic to the general public. While these phrases may not be acquainted to all, the visualizations themselves actually are. One of essentially the most fascinating developments because of the present COVID-19 disaster is that organizations that excel on the developments of dashboards centralize analytics and decision-making approaches and scale them exponentially throughout all related channels. The knowledge visualization instruments market, by instruments, is segmented into standalone and built-in. The standalone phase is predicted to have on the bigger market dimension in the course of the forecast interval. Standalone instruments assist companies determine components that have an effect on buyer habits, pinpoint areas that should be improved or want extra consideration, make knowledge extra memorable for stakeholders, perceive when and the place to put particular merchandise, and predict gross sales volumes. The SMEs phase is predicted to develop on the highest CAGR in the course of the forecast interval. This progress is attributed because of the rising want of SMEs to retailer knowledge of the rising audience throughout the globe and extract better worth from the information are anticipated to drive the adoption of knowledge visualization instruments amongst SMEs. SMEs are extra open towards the adoption of recent applied sciences to smoothen and improve enterprise processes. The cloud deployment mode phase is predicted to develop on the highest CAGR in the course of the forecast interval. This progress is attributed because of simple deployment and minimal capital requirement advantage of cloud know-how facilitate the adoption of the cloud deployment mannequin. The adoption of cloud know-how options is predicted to be supported by the COVID-19 pandemic, as lockdowns and social distancing practices are encouraging corporations to maneuver to cloud options that may be managed remotely. The advertising and gross sales enterprise operate phase is predicted to account for the most important market dimension throughout forecast interval. The progress will be attributed as knowledge visualization instruments allow gross sales managers to observe gross sales efficiency in opposition to quarterly objectives for income, the share of closed offers, and standing of the deal phases within the gross sales funnel. Data visualization instruments additionally assist them in planning advertising methods. The BFSI vertical is predicted to account for the most important market dimension in the course of the forecast interval. Moreover, the healthcare and life sciences vertical is predicted to develop on the highest CAGR in the course of the forecast interval. To achieve entry to unstructured knowledge similar to output from medical units, picture experiences, and lab experiences isn’t helpful to enhance affected person well being. Healthcare suppliers are adopting knowledge visualization instruments that assist them to assemble real-time knowledge insights to enhance affected person well being. North America is predicted to account for the most important market dimension in the course of the forecast interval. The area is witnessing important technological developments within the knowledge visualization instruments area because of the presence of distinguished knowledge visualization instruments distributors. The progress of the area can be attributed to the rising focus of corporations on investments for cloud-based knowledge visualization instruments which assist real-time knowledge. APAC is projected to develop on the highest CAGR in the course of the forecast interval. The progress will be attributed to elevated take-up of digital applied sciences amongst shoppers in addition to companies in key nations, similar to China, India, and Japan. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights4.1 Attractive Opportunities within the Data Visualization Tools Market4.2 Market, Top Three Business Functions4.3 Market, by Region4.4 North American Market, by Component and Deployment Mode 5 Market Overview and Industry Trends5.1 Introduction5.2 Data Visualization: Evolution of the Market5.3 Data Visualization: Types5.4 Market Dynamics5.4.1 Drivers5.4.1.1 Growing Demand for an Interactive View of Data for Faster Business Decisions5.4.1.2 Developments in AR and VR to Enable the Interaction of Companies with Data in 3D Formats5.4.2 Restraints5.4.2.1 Variation in Data Formats5.4.3 Opportunities5.4.3.1 Increasing Focus of Healthcare Authorities to Get Real-Time Patient Data During COVID-19 to Track Infections5.4.3.2 Rising Need to Create Interactive Dashboards from Unused Data5.4.3.3 Growing Concern of Companies to Comply with Data Regulations and Protect Customer Data5.4.4 Challenges5.4.4.1 Lack of Skilled Professional Workforce5.4.4.2 Lack of Data Governance5.4.5 Cumulative Growth Analysis5.5 Data Visualization Tools Market: Ecosystem5.6 Case Study Analysis5.7 Data Visualization Tools Market: COVID-19 Impact5.8 Patent Analysis5.9 Supply Chain Analysis5.10 Technology Analysis5.11 Pricing Model Analysis5.12 Porter’s Five Forces Analysis5.13 Scenario 6 Data Visualization Tools Market, by Tool6.1 Introduction6.1.1 Tools: Market Drivers6.1.2 Tools: COVID-19 Impact6.2 Standalone6.3 Integrated 7 Data Visualization Tools Market, by Organization Size7.1 Introduction7.1.1 Organization Size: Market Drivers7.1.2 Organization Size: COVID-19 Impact7.2 Large Enterprises7.3 Small and Medium-Sized Enterprises 8 Data Visualization Tools Market, by Deployment Mode8.1 Introduction8.1.1 Deployment Modes: Market Drivers8.1.2 Deployment Modes: COVID-19 Impact8.2 On-Premises8.3 Cloud 9 Data Visualization Tools Market, by Business Function9.1 Introduction9.1.1 Business Functions: Market Drivers9.1.2 Business Functions: COVID-19 Impact9.2 Marketing and Sales9.3 Human Resources9.4 Operations9.5 Finance 10 Data Visualization Tools Market, by Vertical10.1 Introduction10.1.1 Verticals: Market Drivers10.1.2 Verticals: COVID-19 Impact10.2 Banking, Financial Services, and Insurance10.3 Government10.4 Healthcare and Life Sciences10.5 Retail and Ecommerce10.6 Manufacturing10.7 Telecommunications and Information Technology10.8 Transportation and Logistics10.9 Other Verticals 11 Data Visualization Tools Market, by Region11.1 Introduction11.2 North America11.3 Europe11.4 Asia-Pacific11.5 Middle East and Africa11.6 Latin America 12 Competitive Landscape12.1 Overview12.2 Key Player Strategies12.3 Market Share, 202012.4 Historical Revenue Analysis of Key Market Players12.5 Company Evaluation Quadrant, 202012.5.1 Star12.5.2 Emerging Leaders12.5.3 Pervasive12.5.4 Participants12.6 Strength of Product Portfolio12.7 Business Strategy Excellence12.8 Ranking of Key Market Players within the Market, 202012.9 Company (Major Players) Product Footprint Analysis12.10 Startup/SME Evaluation Quadrant, 202012.10.1 Progressive Companies12.10.2 Responsive Companies12.10.3 Dynamic Companies12.10.4 Starting Blocks12.11 Strength of Product Portfolio12.12 Business Strategy Excellence12.13 Company (Startups/SMEs) Product Footprint Analysis12.14 Competitive Scenario12.14.1 New Solution Launches and Product Enhancements12.14.2 Deals12.14.3 Others 13 Company Profiles13.1 Introduction13.2 Major Players13.2.1 Salesforce13.2.2 SAP13.2.3 Microsoft13.2.4 Oracle13.2.5 IBM13.2.6 AWS13.2.7 Alteryx13.2.8 Alibaba Cloud13.2.9 SAS Institute13.2.10 Dundas13.3 Other Players13.3.1 Sisense13.3.2 TIBCO Software13.3.3 Qlik13.3.4 Domo13.3.5 GoodData13.3.6 Klipfolio13.4 Startup/SME Profiles13.4.1 Datafay13.4.2 Zegami13.4.3 Live Earth13.4.4 REEPORT13.4.5 Cluvio13.4.6 Whatagraph13.4.7 Databox13.4.8 Datapine13.4.9 Chord13.4.10 Toucan Toco 14 Adjacent and Related Markets 15 Appendix For extra details about this report go to https://www.researchandmarkets.com/r/s82177

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