Today, most organizations are adopting a simplified process that consists of identifying, collecting, maintaining, and sharing a large amount of data.
One of the most interesting developments due to the current COVID-19 crisis is that organizations that excel at the developments of dashboards centralize analytics and decision-making approaches and scale them exponentially across all connected channels.ĭata Visualization Tools Market Growth Dynamicsĭriver: Growing demand for an interactive view of data for faster business decisions While these terms might not be familiar to all, the visualizations themselves certainly are. Simple data visualizations have become the key to communicating vital information about the coronavirus pandemic to the public. The COVID-19 pandemic has given rise to increased use of line charts, bar charts, and choropleth maps in the news. Verticals such as manufacturing, retail, and energy and utilities have witnessed a moderate slowdown, whereas BFSI, government, and healthcare and life sciences verticals have witnessed a minimal impact. The data visualization tools market has witnessed several advancements in terms of tools offered by the industry players. To know about the assumptions considered for the study, Request for Free Sample Report The global data visualization tools market is growing Various factors such as the growing demand for an interactive view of data for faster business decisions and increasing developments in Augmented Reality (AR) and Virtual Reality (VR) to enable the interaction of companies with data in 3D formats, are expected to drive the demand for data visualization tools. The Data Visualisation Tools Market was estimated to be worth USD 5.9 billion in 2021 and is anticipated to enalrge at a CAGR of 11.6% to increase upto USD 10.2 billion in 2026. Data Visualization Tools Market Size and Forecast
0 kommentar(er)
