The global visual analytics market size is expected to reach USD 28.76 Billion at a steady revenue CAGR of 20.4% in 2030, according to a latest analysis by Emergen Research. Rapid growth in volume and variety of business data can be attributed to a steady market revenue growth of visual analytics. In order to improve their business decision-making process and accelerate performance, businesses are increasingly integrating data analytics and visualization tools. There are a number of benefits to using visual analytics for business data. Some of which include enhanced data exploration and analysis, as well as reduced overall cost, faster and better data comprehension for quicker and better decision-making, higher data consumption in less time, and increasing operational effectiveness. Early identification of otherwise unnoticed patterns, outliers, and connections between data sets could give an advantage in the market. Real-time updates and immediate feedback ensure that the data is correct and up to date as well.
The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.
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Key companies operating in the Visual Analytics market include:
IBM Corporation, Oracle Corporation, SAP, SAS Institute Inc., Tableau Software, LLC, Microsoft, MicroStrategy Incorporated, TIBCO Software Inc., QlikTech International AB, and Alteryx, Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Visual Analytics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Visual Analytics Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Visual Analytics Market Segmentation:
-
Component Outlook (Revenue, USD Million; 2019–2030)
- Software
- Services
-
Deployment Model Outlook (Revenue, USD Million; 2019–2030)
- On-Premises
- On-Demand
-
Industry Outlook (Revenue, USD Million; 2019–2030)
- Banking, Financial Services, & Insurance
- Telecom & IT
- Retail & Consumer Goods
- Healthcare & Life Sciences
- Manufacturing
- Government & Defense
- Energy & Utilities
- Transportation & Logistics
- Media & Entertainment
- Others
Visual Analytics Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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