CHICAGO, May 3, 2021 /PRNewswire/ — According to a new market research report “Data Visualization Tools Market by Tool (Standalone and Integrated), Organization Size, Deployment Mode, Business Function, Vertical (BFSI, Telecommunications and IT, Healthcare and Life Sciences, Government), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the market size to grow from USD 5.9 billion in 2021 to USD 10.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.6% during the forecast period. Various factors such as the growing demand for an interactive view of data for faster business decisions and increasing developments in Augmented Reality (AR) and Virtual Reality (VR) to enable the interaction of companies with data in 3D formats, are expected to drive the demand for data visualization tools.
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191 – Tables
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270 – Pages
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Businesses providing software tools are also expected to slow down for a short span of time. However, the adoption of real-time data-based applications, collaborative applications, analytics, security solutions, and AI are expected to witness increased adoption after the slight slowdown. Verticals such as manufacturing, retail, and energy and utilities have witnessed a moderate slowdown, whereas BFSI, government, and healthcare and life sciences verticals have…