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 Visual Analytics Market report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Visual Analytics market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
IBM Corporation, Oracle Corporation, SAP, SAS Institute Inc., Tableau Software, LLC, Microsoft, MicroStrategy Incorporated, TIBCO Software Inc., QlikTech International AB, and Alteryx, Inc
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Emergen Research has segmented the global Visual Analytics market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
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
The various regions analyzed in the report include:
- 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)
Key Objectives of the Report:
- Analysis and estimation of the Visual Analytics Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Visual Analytics Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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