DUBLIN, Jun 21, 2021--(BUSINESS WIRE)--The "Global Data Visualization Tools Market By Tool Type, By Business Function Type, By Deployment Type, By Enterprise Size, By End User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Data Visualization Tools Market size is expected to reach $10.8 billion by 2027, rising at a market growth of 11.2% CAGR during the forecast period.
Alibaba Group Holdings Limited
SAS Institute, Inc.
Dundas Data Visualization Inc.
Data visualization refers to a collection of a broad range of business applications. The concept of visualizing data is widely utilized in a variety of technologies & terms like scorecards, dashboards, business intelligence, infographics, analytics and big data. It helps businesses to obtain a relevant report from an ever-growing, wide and huge amount of business data.
There are several customers who believe that the utilization of big data by data visualization that contributes to improved and better decision making. There is an increasing amount of data witnessed by the retail industry in recent time through numerous channels like apps, blogs and social sites. The majority of the unorganized data generated is not utilized that can provide important information, if properly utilized. The integration of the Internet of Things (IoT) in the retail industry has augmented in the last few years due to the increased usage of gadgets like RFID and sensors.
Data visualization tools offer a wide variety of benefits to the companies such as better understanding, accurate analysis of the data, better decision making, boost sales, identification of various trends & patterns in the competitive market etc. All these benefits of data visualization tools help organizations to address their issue at an initial level, generate more insights from available data and support the business growth of the companies.
The market of data visualization tools has recorded various improvements especially in tools that are provided by the industry players. Due to the covid-19 pandemic, different verticals like retail, manufacturing, and energy & utilities have registered a slight decline but some verticals like government, BFSI, and healthcare & life sciences have seen a minimal impact of the pandemic. There is increasing usage of bar charts, line charts, and choropleth maps in the news due to the pandemic. The simple data visualizations have been widely utilized to communicate crucial information about the COVID-19 pandemic to the public. The most appealing improvements that took place owing to the COVID-19 situation is that companies that are best at the developments of dashboards integrate the analytics & decision-making approaches and spread them significantly over all the connected channels.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Opportunities
2.2.3 Market Restraints
2.2.4 Market Challenges
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Mar - 2021, May) Leading Players
Chapter 4. Global Data Visualization Tools Market by Tool Type
Chapter 5. Global Data Visualization Tools Market by Business Function Type
Chapter 6. Global Data Visualization Tools Market by Deployment Type
Chapter 7. Global Data Visualization Tools Market by Enterprise Size
Chapter 8. Global Data Visualization Tools Market by End User
Chapter 9. Global Data Visualization Tools Market by Region
Chapter 10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/u8ts5e
View source version on businesswire.com: https://www.businesswire.com/news/home/20210621005414/en/
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