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Allied Market Research

Data Visualization Software Market by Type (Cloud, SaaS, Web; Mobile - Android Native; and Mobile - iOS Native), Deployment Model (On-Premise and On-Cloud), and End User (BFSI, IT& Telecom, Retail/E-Commerce, Healthcare & Life Sciences, Manufacturing, Government, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08312
Pages: NA
Feb 2021 | 133 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

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Data Visualization Software Market Insights:

Data visualization software is considered as an essential component for business intelligence as well as data warehousing. It is the graphical representation of data and information that uses visual elements such asgraphs, charts, and maps. Data visualization software tools provide an accessible way to perceive and understand outliers, trends, and patterns in data. It enables decision-makers to derive analytical results from information, which is presented visually. Visualization of data delivers detail analysis at various levels to an enterprise. It is a key tool to make sense out of huge amount of data generated every day. Enterprises are realizing importance of big data and achieving their business goals with help of data visualization software tools.

Data Visualization Software Market Scope and Structure Analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Deployment Model, End User, and Region

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Tableau Software Inc., Microsoft Corporation, Oracle Corporation, International Business Machines Corporation, Tibco Software Inc., SAS Institute Inc., Sisense Inc., Microstratergy Inc., And Hitachi Vantara.

 

Impact of COVID-19 on Data Visualization Software Market:

  • COVID-19 have created major havoc both in terms of health casualties as well as economic crisis around the globe and brought various businesses to halt. It has enormously impacted overall economic growth and productivity.
  • While the world is dealing with pandemic, data visualization software tools are playing a vital role by assisting governments to adapt to trends and extract relevant insights from big data. Advanced data visualization help researchers and governments to closely watch regular developments of COVID-19 impact and make decisions effectively.
  • Data visualization software market is flourishing and is expected to grow post-pandemic, owing to factors such as an accelerating digitalization of both businesses and consumers for various technology companies, data-driven automation will be a strategic focus; and cloud services are continuing to grow in pandemic leveraging ML and AI capabilities.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Big data is obtained from growth in number of social media and internet users along with multi-device access to a data visualization, which drives the data visualization software market. In addition, increase in adoption of data visualization software tools in small and medium enterprises (SMEs) is projected to fuel growth of the market. However, lack of technical skillset to analyze & extract useful information and higher cost of software hinders growth of the data visualization software market to some extent. Conversely, AI and deep learning are proliferating to new domains, which is opportunistic for the data visualization software market as it offers tools that are capable of visualizing complex deep learning engines and data churned by them.

The global data visualization software market trends are as follows:

Interactive and Responsive Analysis

Adoption of data visualization software, which is agile in responding to user commands has become an important feature. Software is expected to include a drag-and-drop user-interface to create graphical illustrations and dashboards. These interactive dashboards help for an active communication within the software network. It aids business to effectively communicate with business partners, employees, and company clients.

In addition, data visualization software tools and techniques enabling users to build customized dashboards that solve their specific business requirements.

Easy Access to the Data

Modern day businesses are obsessed with data democratization,whichenables users within an organization to modify reports, access data, and extract insights. Advanced data visualization techniques and self-service business intelligence are allowing business users to freely access data at any time from any location.  With a secured data sharing from various departments of an organization, it also provides real-time data updates and complete annotations.

Key segments covered:

Segments

Subsegments

Type

  • Cloud, SaaS, Web
  • Mobile - Android Native
  • Mobile - iOS Native

Deployment Model

  • On-Premise
  • On-Cloud

End User

  • BFSI
  • It and Telecom
  • Retail /E-Commerce
  • Healthcare and Life Sciences
  • Manufacturing
  • Government
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global data visualization software industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global data visualization software market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global data visualization software market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global data visualization software market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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