The Visual Analytics Market report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Visual Analytics market. It provides a comprehensive evaluation of the global Visual Analytics market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Visual Analytics market. It also focuses on both the global as well as the regional expansion of the Visual Analytics industry to give an overall analysis.
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.
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The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
Some major companies in the global market report include IBM Corporation, Oracle Corporation, SAP, SAS Institute Inc., Tableau Software, LLC, Microsoft, MicroStrategy Incorporated, TIBCO Software Inc., QlikTech International AB, and Alteryx, Inc.
Objectives of the Report:
Industrial structure analysis of the Visual Analytics market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Visual Analytics market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Visual Analytics market
Comprehensive analysis of competitive developments such as expansions, agreements,
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The report studies the historical data of the Visual Analytics Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
Emergen Research has segmented the global visual analytics market on the basis of component, deployment model, industry, and region:
Component Outlook (Revenue, USD Million; 2019–2030)
Deployment Model Outlook (Revenue, USD Million; 2019–2030)
Industry Outlook (Revenue, USD Million; 2019–2030)
Banking, Financial Services, & Insurance
Telecom & IT
Retail & Consumer Goods
Healthcare & Life Sciences
Government & Defense
Energy & Utilities
Transportation & Logistics
Media & Entertainment
The complete regional analysis covers:
North America (U.S., Canada, Mexico
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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Key Points of Visual Analytics Market:
On 21 June 2022, ENGS Commercial Finance completed an integration with Salesforce’s Tableau platform to further enhance its proprietary artificial intelligence engine and customer key performance indicator analytics platform. ENGS Improves the Digital Sales Process with AI and Visual Analytics.
The services segment is expected to register a rapid revenue growth rate over the forecast period. This is attributed to the growing need of visual analytics solutions across organizations owing to its various benefits. Data visualization is sometimes used interchangeably with visual analytics; however, the two terms refer to different concepts. Modern, interactive visual analytics make it simple to combine data from several sources and do an in-depth analysis of the data within the visualization itself.
The on-demand or cloud-based segment is expected to account for large revenue share in the global market over the forecast period owing to its cost-effective and time-efficient features and increased adoption by Small and Medium-Sized Enterprises (SMEs).
The BFSI segment is expected to account for large revenue share in the global market over the forecast period owing to the growing need to simplify the workload related to security. The banking sector uses a lot of data every day. Massive amounts of both recent and historical data must be processed swiftly by banks. Professionals in the banking industry have too much to do to take the time to manually analyze multiple spreadsheets and make decisions without the aid of contemporary technologies.
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