Emergen Research has recently published a detailed report on the global Visual Analytics Market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Visual Analytics Market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Visual Analytics Market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.
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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Some Key Highlights From the Report
- 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. Algorithms for machine learning and artificial intelligence can also recommend directions for further investigation. In the end, massive data sets can be transformed into business insights by a corporation using visual analytics, which can greatly enhance the organization.
- 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). Its tasks are made simpler to complete by cloud-based visual analytics. Whether on a simple dashboard or when presenting complex findings, the power of visual storytelling is important. In every industry, whether it be revenue assurance or customer profitability analysis for the IT/telecom sector, sales and operational planning in the logistics sector, or even scenario planning or fraud detection in the government/defense ministry, data visualization tools support the delivery of more insightful, useful representations of data.
The Global Visual Analytics Report is a panoramic study of the overall Visual Analytics market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Visual Analytics market. The report provides a detailed analysis of the key factors of the Visual Analytics market that are expected to have a positive impact on the growth of the Visual Analytics industry.
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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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Visual Analytics industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
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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)
- 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 report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
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.
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
Regional Outlook (Revenue, USD Million; 2022-2030)
- North America
- S.
- Canada
- Europe
- 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
- A.E.
- South Africa
- Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the Visual Analytics industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Visual Analytics Market?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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