Data Visualization Market is Estimated to Grow at a CAGR of 8.24% to Reach a Value of US$13.227 Billion by 2024.

Posted January 10, 2020 by marketresearch12

Data Visualization is a method to represent data graphically by the means of visual elements like charts, graphs, maps and other tools to facilitate better understanding of trends, outliers and patterns for users.

Knowledge Sourcing Intelligence announces the publication of a new report on “Data Visualization Market- Forecasts from 2018 to 2024" to their offering.

According to the report, the data visualization market is projected to expand at an impressive CAGR of 8.24% over the forecast period 2018-2024. The Data Visualization Market is expected to surge during the forecast period due to the growing penetration of tools that can effectively manage, store and process large amounts of data. These tools and techniques are used in different industries like Information Technology, Retail and others. Due to this, the demand by various industries is increasing to better understand and present data in a lucid manner, which is going to boost the market growth. Moreover, the growing concern of industries and businesses to hold a good market share compared to the rivals they are preferring to use such solutions to optimize and better understand the operations, which is contributing to the further growth of the market. Geographically, Asia-Pacific is expected to hold a significant share in the market due to the rapid industrialization and influx of end-user industries. By the end-user industry, Retail Industry is expected to hold a significant amount of share n the market owing to the increase in the demand of high-quality goods and services throughout the world coupled with the boom in e-commerce. BFSI industry also holds the good potential to increase it’s market share over the coming years. Furthermore, due to the presence of key players and their participation in the market to encourage the usage of these solutions coupled the efforts to improve the data visualization techniques and solutions will continue to drive the data visualization market in the coming years.

Some of the major players covered as part of the report are IBM, Sisense Inc., TIBCO Software Inc., InfoSoft Global (P) Ltd., TABLEAU SOFTWARE, Datawrapper GmbH, Microsoft, Infogram, Plotlyamong others.

This report segmented the video Data Visualization Market on the basis of the following terms
• By Deployment Model
o On-Premise
o Cloud

• By End-User Industry
o Retail
o Media and Entertainment
o Communication and Technology
o Consulting
o Others

• By Geography
o North America
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

View a sample of the report or purchase complete study

About us
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing research studies spanning across ten industry verticals. We have a combination of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.

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Tags data visualization market , data visualization market size , data visualization market share , data visualization market analysis , market research , information technology
Last Updated January 10, 2020