According to the business intelligence report titled ‘GLOBAL Data Visualization Market 2019-2027’, available with Market Study Report, global data visualization market is projected to expand at an annual rate of 9% over 2019-2027.
 

Need for quick decision making, and surging demand for cloud technology are key factors boosting global data visualization market. Moreover, widespread acceptance of data visualization tools across BFSI sector will bolster the industry share.
 

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

On the other hand, limited availability of skilled professionals is inhibiting global data visualization industry expansion, while rising demand for augmented reality (AR) and virtual reality (VR) act as a challenge which can be converted into opportunity.
 

Based on deployment model, worldwide data visualization market is bifurcated into cloud, and on-premises. Speaking of end user spectrum, the industry is segmented into BFSI, manufacturing, IT & telecom, e-commerce/retail, healthcare & life sciences, government, and others.
 

The report analyzes the market sphere at a granular level by dividing it into various segments and provides in-depth information about industry share captured by each segment and their predicted growth rate over the forecast period.
 

From the regional frame of reference, Asia Pacific data virtualization market is projected to showcase lucrative growth over 2019-2027. Rising internet usage, speedy urbanization, increasing smartphone penetration, advancements in ML (machine language), and surging popularity of behavioral & customer analytics are key factors responsible for this proliferation.
 

Moreover, increasing preference of smart factories and adoption of IoT raise data generation, which is fostering the demand for effective data visualization, impelling the industry share.
 

Key players profiled in global data visualization market report are Microsoft Corporation, SAP SE, SAS Institute, Tableau Software Inc., QlikTech International AB, International Business Machines Corporation (IBM), TIBCO Software Inc., Hitachi Vantara Corp., Sisense Inc., Oracle Corporation, InetSoft Technology Corporation, Looker Data Sciences Inc., Dundas Data Visualization Inc., MicroStrategy Incorporated, and Information Builders Inc.
 

These companies are making strategic decisions like product launches, partnerships, mergers, acquisitions etc. which gives them a competitive edge and helps them in maximizing profits and generating revenues.