As per the report titled ‘GLOBAL DATA VISUALIZATION MARKET 2019-2027’, available with Market Study Report, global data visualization market is projected to showcase an appreciable growth rate of 9% through 2027.
 

Growing demand for integration of cloud technology and rising necessity of quicker decision making in various processes across several industries are the key growth catalysts of global data visualization market. Escalating product requirement in BFSI sector will further enhance the industry outlook in the coming years. However, dearth of skilled professionals and increasing penetration of virtual as well as augmented reality will negatively impact the business scenario over the forecast period, cites the study.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2579386/
 

Based on deployment, global data visualization market size is defined by on-premise and cloud deploy segments. Speaking of the end-user spectrum, the industry is categorized into BFSI, Retail/Commerce, IT & Telecom, manufacturing, healthcare & lifesciences, and government.
 

Considering the regional outlook, North America, Latin America, Asia Pacific, Middle East & Africa, and Europe are the key contributors of worldwide data visualization market. High proliferation of big data on account of soaring internet use, smartphone penetration, rapid urbanization, advancements in machine learning, and need for customer & behavioural analytics is accelerating the regional market growth. Further, increased IoT adoption and shifting focus towards smart factories will spur new growth avenues for the market.
 

Prominent industry players include InetSoft Technology Corp., Hitachi Vantara Corp., Dundas Data Visualization Inc., MicroStrategy Inc., Sisense Inc., Looker Data Sciences, Inc., QlikTech International AB, Information Builders Inc., IBM Corp., TIBCO Software Inc., Oracle Corp., Microsoft Corp., SAS Institute Inc., SAP SE, and Tableau Software LLC.