Global Data Visualization Market Size, Share Overview 2020-2023 |A Latest Research Report to Share Market Insights and Dynamics by Market Reports World

Data Visualization Market report 2020 scrutinizes the business by a thorough analysis of market dynamics, size, current trends, problems, challenges, competition analysis, and businesses, Forecasts to 2023
Global "Data Visualization" Market report 2020 intends to give inside and out data about Data Visualization industry with market outlook, trends, business strategies and future prospects of industry. It includes the present market status with some changing size and trends that can affect the market growth rate. Data Visualization market report covers the significant growth prospect over the coming years. Likewise, it studies market new product analysis, strategies, financial overview and trends. Data Visualization market report also offers an overview of revenue, sales, product demand, and supply of data, cost, and growth analysis during the forecast year 2023.

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Top Manufacturers Listed in the Data Visualization Market Report are:
o Tableau Software
o SAP SE
o SAS Institute
o Inc.
o Microsoft Corporation
o Oracle Corporation
o TIBCO Software Inc.
o IBM Corporation
o Information Builders
o Dundas Data Visualization Inc.
o Pentaho Corporation
o InetSoft Technology Corporation
o MicroStrategy Inc.

The global data visualization market was valued at USD 4.51 billion in 2019, and is expected to reach a value of USD 7.76 billion by 2023 at a CAGR of 9.47% over the forecast period (2018 - 2023). The scope of the report is limited to solutions offered by major players, including solution providers of both visual analytics and reporting tools. This report focuses on the adoption of these solutions by various end users in different regions across the globe. The study also emphasizes on latest trends, industry activities, and vendor market activities.
With the advent of advanced analytical and business intelligence solutions, data visualization solutions, like scorecards and dashboards, which were usually deployed as a subset of a larger business intelligence solution, today emerge more flexible. In addition, these dashboards today have developed their own niche market, along with vendors offering best and customer-centric dashboard solutions to be used on top of current BI applications or other operational systems, like ERP. Deployment of these solutions on cloud is enabling their use on-the-go on mobile devices too.
The increasing emphasis on measuring the performance of every operation across an organization to get daily or intra-daily view of their performances is driving the demand for these solutions in the market. Technological advancements within this industry along with rapid growth in big data and the growing need for faster decision-making are some of the other factors accelerating the growth of the market. However, the implementation of this software is complex, and many end-user case studies have reported challenges while aligning these solutions to make use of all the features due to the complex existing organization structure and complex implementation. Further, lack of skills to operate these new processes might challenge the deployment of data visualization applications market worldwide.
Cloud Deployment of these Solutions is driving the Adoption
The deployment of these solutions over the cloud offers greater convenience as the service vendor is responsible for providing maximum uptime, data security, and periodic updates, thus decreasing the total cost of ownership. The current market trends including delivery of these solutions on the pay-as-you-go model and SaaS models (wherein the service vendors assume the responsibility of maintaining data and application information) are further driving the adoption of these solutions. Moreover, this mode has seen an increase in the deployment in small/medium-scale businesses as it cuts down the capital expenditure involved in building the required infrastructure on their premises.
Increased adoption of Data Visualization Tools by BFSI Sector owing to the Growing Operations
The banks today are growing in size and are expanding geographically; the number of branch networks grew leaps and bounds. Hence, the volume of transactions is witnessing exponential growth, and manual operations have become time-consuming and error-prone. As a result, a real-time or near to real-time data visualization has become prevalent in the market and teams today need dynamic dashboards rather than reports. To cater to a load of operations from all bank branches spread across all geographical regions, the banks have started using advanced visualization tools to track their operations.
Integration of advanced capabilities, like machine learning, is further helping bankers to optimize their performances and reduce risks. It is reported that a large retail bank in the United Kingdom used machine-learning algorithms to identify fraudulent transactions with more than 90% accuracy. Banks and other financial institutions today are increasing their IT spending to leverage the benefits of the innovations in the market. However, with the increase in cyber terrorism, security of sensitive data, including, personal banking details, commercial banking details and confidential corporate information, are at stake.
37% OF THE TOTAL MARKET SHARE HELD BY NORTH AMERICA
North America is the largest market for business intelligence in the world. The United States is the major shareholder in the North American region. In Canada, which was relatively stable during the recessionary period, the gains are more visible. The industrial sector is on a steady growth path, along with increasing influence of internet on the sales of industrial goods; hence, the increased demand for business intelligence and analytics solutions. It is further reported by Dresner Advisory Services that North America is the global leader in adopting public cloud platforms for Cloud BI, with 60% of organizations either using or planning to use public cloud in 2019, followed by Asia-Pacific.

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Regional Segmentation Includes:
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
Reasons to Purchase the Data Visualization Market Report:
- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market size and Share.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Data Visualization Market growth during the forecast period.
- Identify the latest developments, Data Visualization market shares and strategies employed by the major market players.

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Major Points from Table of Contents:
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Cloud Deployment of these Solutions
4.2.2 Growing Need for Faster Decision Making
4.3 Factors Challenging the Market
4.3.1 Lack of Tech Savvy and Skilled Workforce/Inability to Get Hold of New Features
4.3.2 Complex Implementation
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness- Porter's Five Industry Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products or Services
4.5.5 Competitive Rivalry among Existing Competitors
5. Global Data Visualization Market Segmentation
5.1 By Organizational Department
5.1.1 Executive Management
5.1.2 Marketing
5.1.3 Operations
5.1.4 Finance
5.1.5 Sales
5.1.6 Others (Services, Product Management, Human Resources, Procurement)
5.2 Delivery Mode
5.2.1 On-Premise
5.2.2 Cloud/On-Demand
5.3 Industry Vertical
5.3.1 BFSI
5.3.2 IT & Telecommunication
5.3.3 Retail/e-Commerce
5.3.4 Education
5.3.5 Manufacturing
5.3.6 Government
5.3.7 Others
5.4 By Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
6. Vendor Market Share
7. Competitive Intelligence- Company Profiles
7.1 Tableau Software
7.2 SAP SE
7.3 SAS Institute Inc.
7.4 Microsoft Corporation
7.5 Oracle Corporation
7.6 TIBCO Software Inc.
7.7 IBM Corporation
7.8 Information Builders
7.9 Dundas Data Visualization Inc.
7.10 Pentaho Corporation
7.11 InetSoft Technology Corporation
7.12 MicroStrategy Inc.
8. Investment Analysis
9. Future Outlook of Global Data Visualization Market

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