The market for dataviz software

The data visualization market encompasses a wide range of uses across numerous industrial verticals that employ various software and solutions. Data visualization tools aid in quickly providing insight from data.

What is the size of the data visualization market?

Global Data Visualization Demand Analysis The market was valued at roughly USD 9 billion in 2021 and is expected to expand to nearly USD 19.25 billion by 2028, with a CAGR of approximately 10.15% between 2022 and 2028. Highsoft AS, Alteryx Inc., Dundas Data Visualization, Inc., ChartBlocks Ltd., Microsoft Corporation, IBM Corporation, Looker Data Sciences, Cluvio GmbH, and QlikTech Corporation, among others, are listed as key market players in the report, along with their sales, profits, and techniques.

Which data visualization software is the most popular?

Data visualization is essential in any data-driven organization. It visualizes data, making it easier to grasp, consume, and make key business decisions. Data visualization generates actionable insights that your team would not have discovered otherwise. There are numerous data visualization tools accessible, and we researched which ones are best for small organizations. These tools should be adaptable, simple to use, and enable you to display information in a variety of ways to meet the demands of your organization. 2022’s Best Data Visualization Software

  • Power BI by Microsoft
  • Tableau.
  • Qlik Sense.
  • Klipfolio
  • Chartio
  • Google.
  • Looker.
  • Zoho Analytics
  • Domo
  • Plotly
  • Infogram
  • Visme

What are the applications of data visualization tools?

Data visualization tools are software that display information in a graphic format, such as a graph, chart, or heat map, for the purpose of data analysis. Such tools facilitate understanding and working with huge amounts of data.

Data Visualization Software Market

The Data Visualization Software Market is estimated to develop at a 12.43% CAGR from 2022 to 2029, with a market value of over US$ 19.31 billion in 2029.

Data Visualization Software Market

Data visualization software is regarded as an essential component of data warehousing and business intelligence. It is the use of visual components such as charts, graphs, and maps to portray information and data. Data visualization software makes it simple to detect and comprehend anomalies, patterns, and trends in data.

Because of factors such as accelerating digitalization of both businesses and customers for many technology companies, information automation will be a strategic focus; and internet services are continuing to grow in pandemic utilizing AI and ML capabilities, the global market for data visualization software is growing rapidly and is expected to expand post-pandemic.

The analysis evaluated market trends from 2017 to 2029 and forecasted the market through 2029. Although 2021 is regarded a base year, the numbers for that year are based on the actual output of the market’s enterprises. Special consideration is given to 2021 and the effect of lockdown on demand and supply, as well as the market impact of lockdown for the next two years. Some companies performed well in lockdown as well, and the report includes a detailed strategic analysis of such companies.

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