July 17, 2020

Visual Analytics Market Trends Rise Observed Under Lockdown

Market Overview

Market Research Future (MRFR), in its report on the Visual Analytics Market Trends 2020, sheds light on multiple factors that can influence the Visual Analytics Market Trends across the review period. An additional report on the impact of COVID 19 pandemic on the worldwide Visual Analytics Market Trends is provided. As per MRFR analysis, the Visual Analytics Market Trends is expected to rise at 11% CAGR across the assessment period 2020 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 Trends 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 Trends growth through the review period. On the contrary, the Visual Analytics Market Trends rise can be limited by lack of trained professionals and in proper governance, followed by data inconsistency.

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Competitive Landscape

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.), and Alteryx (the U.S.) are some prominent names in the visual analytics global market listed by MRFR. The change in focus of these visual analytics dealer on increase in research and development activities for the launch of innovative services can favor the Visual Analytics Market Trends. Strategic mergers and acquisitions, and partnership can significantly support the market and aid players to gain global foothold in the highly competitive environment.

Market Segmentation

The segment evaluation of the global Visual Analytics Market Trends is done by industry, Component, and deployment.

The component based segments of the Visual Analytics Market Trends are software and services. The increase in the use of visual analytics software and high demand for visual analytics services can cause the market to surge in the years ahead. The service segment is expected to generate considerable revenue for the market through the review period.

Based on deployment, the Visual Analytics Market Trends is segmented into on-cloud and on-premise. The high rate of deployment of on-cloud visual analytics solutions can cause the market to thrive the review period.

The industry based, segments of the Visual Analytics Market Trends are BFSI, IT, retail, defense, transportation, manufacturing, military, logistics, and others. The IT segment can cause the global Visual Analytics Market Trends to generate considerable revenue through the assessment period. The rise in need for visual analytics in the booming IT sector can prompt the expansion of the Visual Analytics Market Trends through the review period. The transportation and logistics industry can contribute significantly to the expansion of the Visual Analytics Market Trends through the assessment period. The increase in the adoption of advanced analytical process can push the Visual Analytics Market Trends in the study period.

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 Trends 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 Trends across the review period. In Europe, the rise of the Visual Analytics Market Trends can be attributed to pen-up demand for visual driven data enabled by visual analytics tools and techniques. APAC Visual Analytics Market Trends can fuel the rise of the Visual Analytics Market Trends in the assessment period. The fast paced rise of the IT sector can also underpin the expansion of the APAC market.

LIST OF TABLES

Table 1 Global Visual Analytics Market Trends: By Region, 2017-2023

Table 2 North America Visual Analytics Market Trends: By Country, 2017-2023

Table 3 Europe Visual Analytics Market Trends: By Country, 2017-2023

Table 4 Asia-Pacific Visual Analytics Market Trends: By Country, 2017-2023

Table 5 Middle East & Africa Visual Analytics Market Trends: By Country, 2017-2023

Continued……

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LIST OF FIGURES

FIGURE 1 Global Visual Analytics Market Trends Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Visual Analytics Market Trends

FIGURE 4 Value Chain Of Global Visual Analytics Market Trends

FIGURE 5 Share Of Global Visual Analytics Market Trends In 2017, By Country (In %)

Continued…….

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