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Data Visualization Tools Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2022-2030

Data Visualization Tools Market Size, Share & Trends Analysis -...

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Data Visualization Tools Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2022-2030
Data Visualization Tools Market Size,...
Report Code
RO14/128/2110

Publish Date
08/Aug/2022

Pages
200
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The global data visualization tools market size was US$ 5.1 billion in 2021. The global data visualization tools market is expected to grow to US$ 13.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 10.1% during the forecast period, i.e., 2022-30.
Data visualization refers to software used to visualize data. The capabilities and features of the tools may vary; however, the common feature of the data visualization tools is that they allow users to input massive dataset and visually manipulate it. It benefits businesses as they can obtain a report from business data.

Factors Influencing the Market
Data visualization tools have inbuilt templates for the users. It allows businesses to develop effective graphics, charts, etc. Several firms are using data visualization tools as the solution to classify, assemble, keep, and share massive data. Data visualization tools also enable swift and basic business decision-making, which enhances productivity. Apart from that, the integration of the cloud allows enterprises to have a low-cost method of the data study. As a result, it will fuel the growth of the data visualization tools market during the analysis period. 
The rising demand to develop effective dashboards is expected to bring untapped growth opportunities for the data visualization tools market. On the contrary, the difference in data formats may restrict the data visualization tools market from growth during the forecast timeframe.

COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the governments took various decisions, such as aircraft terminations, travel bans, and quarantines. Apart from that, restaurants and cafes closed their doors while outdoor events were restricted. All of this resulted in supply chain and stock market instability. However, the global data visualization tools market recorded a significant progression in terms of revenue as the use of line charts, bar charts, and choropleth maps increased to showcase the exact data in the news. These visualizations emerged as an effective way to communicate the severity of the situation to the public in an easy way, which amplified the growth of the data visualization tools market.

Regional Analysis
North America is projected to dominate the data visualization tools market due to the growing number of enterprises adopting data visualization tools. Further, the presence of a large number of industry players, such as Microsoft (US), Sales Force (US), Oracle (US), IBM (US), etc., will contribute to the growth of this regional data visualization tools market during the study period.

Competitors in the Market
• Microsoft (US)
• Salesforce (US)
• SAP (Germany)
• Microsoft (US)
• Oracle (US)
• IBM (US)
• AWS (US)
• Sisense (US)
• Alteryx (US)
• SAS Institute (US)
• Alibaba Cloud (China)
• Dundas (Canada)
• TIBCO Software (US)
• Qlik (US)
• GoodData (US)
• Domo (US)
• Klipfolio (Canada)
• Datafay (US)
• Zagami (England)
• Live Earth (US)
• Other prominent players

Market Segmentation
The global data visualization tools market segmentation focuses on Organization, Tool, Deployment, End-User, and Region. 
By Organization Department
• Executive Management
• Marketing
• Operations
By Tool
• Standalone
• Integrated
By Deployment Mode
• On-premise
• Cloud/On-demand
By End-User
• BFSI
• IT and Telecommunication
• Education
• Others
By Regional Outlook
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
 

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