Visual Analytics Market Overview
Market Research Future (MRFR), in its report on the Visual Analytics Market 2020, sheds light on multiple factors that can influence the visual analytics market across the review period. An additional report on the impact of COVID 19 pandemic on the worldwide visual analytics market is provided. As per MRFR analysis, the visual analytics market is expected to rise at 11?GR across the assessment period 2017 to 2023.
Advancements in the field of data analytics is observed to gain considerable traction, which can prompt the expansion of the visual analytics market in the analysis period. The high demand for various visual analytics tools, solutions, and techniques can cause the expansion of the market in the near future. Thus, boosting the visual analytics market growth through the review period. On the contrary, the visual analytics market rise can be limited by lack of trained professionals and in proper governance, followed by data inconsistency.
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Visual Analytics Market Key Players
- IBM Corporation (the U.S.)
- SAP (Germany)
- Oracle (the U.S.)
- Tableau Software (the U.S.)
- SAS Institute (the U.S.)
- Qlik (the U.S.)
- TIBCO Software (the U.S.)
- Microsoft (the U.S.)
- MicroStrategy (the U.S.)
- Alteryx (the U.S.)
Visual Analytics Market Segmentation
By Component
- Software
- Services
By Deployment
- On-Demand
- On-Premise
By Industry
- IT
- Retail
- BFSI
- Manufacturing
- Military Defense
- Transportation Logistics
- Others
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Visual Analytics Market Regional Analysis
A surge in requirement for visual analytics due to interactive feature of visual interface that ensures simplification of tasks and able quick decision are major causes for the expansion of the visual analytics market in North America. The presence of numerous high tech companies and the booming IT sector is expected to impel the expansion of the visual analytics market across the review period. In Europe, the rise of the visual analytics market can be attributed to pen-up demand for visual driven data enabled by visual analytics tools and techniques. APAC visual analytics market can fuel the rise of the visual analytics market in the assessment period. The fast paced rise of the IT sector can also underpin the expansion of the APAC market.
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