Connect with us

Technology

Data Visualization Tools Market expected to grow at a CAGR of 11.6 percent reaching USD 15.80 Billion by 2030

Published

on

Data Visualization Tools demand is expected to grow at a compound annual growth rate of 11.6 percent until FY30. The demand for data visualization tools is surging across key sectors including finance, healthcare, and retail, with notable interest from global financial centers such as New York, London, and Singapore– Says Maximize Market Research

PUNE, India, Aug. 28, 2024 /PRNewswire/ — The demand for data visualization tools is surging across key sectors including finance, healthcare, and retail, with notable interest from global financial centers such as New York, London, and Singapore. Leading tools like Tableau, Power BI, and D3.js are at the forefront, enabling organizations to convert raw data into actionable visual insights. This advancement enhances decision-making and strategic planning across diverse industries. According to a report by Maximize Market Research, the transition from basic reporting tools to sophisticated, interactive analytics platforms signifies a transformative shift towards data-driven decision-making and increased operational efficiency. This evolution underscores the growing importance of advanced data visualization in optimizing business strategies and outcomes.

 

Market Size in 2023

USD 7.33 Billion

Market Size in 2030

USD 15.80 Billion

CAGR

11.6 %

Forecast Period

2024-2030

Base Year

2023

Segment Covered

by Tool

by Deployment Mode

by Organization Size

by Business Function

by Vertical

by Region

Key Market Drivers

 

 Increasing Demand for Data-Driven Decision Making Rise of Predictive Analytics

Key Market Restrain

 Data Privacy and Security Concerns

Key Market Opportunities

 

 Technological Advancements Demand for Enhanced Data Representation

Report Coverage

Market Share, Size, and Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF:  https://www.maximizemarketresearch.com/request-sample/102177/ 

GenAI is Creating New Possibilities in Data Visualization

AI-powered data visualization tools are set to revolutionize the Data Visualization Tools Market by offering dynamic and real-time insights that exceed the capabilities of traditional static charts. These advanced tools quickly analyze extensive datasets and adapt in real-time, providing up-to-the-second information that enhances decision-making speed and accuracy. Their interactive features boost the market by allowing users to engage deeply with data, tailoring visualizations to extract specific insights. The growing demand for sophisticated data analysis solutions is driving a growth in the market supply of AI-driven tools, increasing their market share and significance. As organizations increasingly prioritize data-driven strategies, AI-powered visualizations are becoming essential, boosting the Data Visualization Tools Market into a new era where data is seen actively experienced, and understood.

Data Visualization Tools Market Segment Analysis: Key Focus Area

The global Data Visualization Tools Market is segmented into various segments. Deployment Mode segment includes On-premises and cloud. The Cloud segment dominated the Deployment Mode segment of the Data Visualization Tools Market in the year 2023. Due to its scalability, cost-effectiveness, and ease of integration with other digital tools. The companies prefer cloud-based solutions for their ability to handle large data volumes, enabling real-time analytics and remote access, which supports the growing demand for flexible and efficient data management.

Data Visualization Tools Market: Regional Analysis

North America region significantly dominated the Data Visualization Tools Market in the year 2023. The presence of leading technology firms such as Microsoft, IBM, and Tableau in the United States is a key driver of the Data Visualization Tools Market. These industry giants are at the forefront of innovation, continually advancing data visualization technologies and creating a competitive ecosystem that fosters growth and improvement. The U.S. generates approximately 2.5 quintillion bytes of data daily, underscoring the need for effective visualization tools to manage and interpret this vast amount of information. Companies such as Amazon and FedEx have long utilized data analytics to optimize operations and customer insights, boosting demand. Also, Sage’s launch of its AI-powered cloud-first Sage Data and Analytics service exemplifies the trend towards scalable, cloud-based solutions, enhancing business intelligence capabilities and accelerating the market forward.

Get 10% Free Customization on the Report: 
https://www.maximizemarketresearch.com/inquiry-before-buying/102177/ 

Data Visualization Tools Market: Segmentation

By Tool

StandaloneIntegrated

By Deployment Mode

On-premisesCloud

By Organization Size

Large EnterprisesSmall and Medium-sized Enterprises (SMEs)

By Business Function

Marketing and SalesHuman ResourcesOperationsFinance

By Vertical

BFSIGovernmentHealthcare and Life SciencesRetail and eCommerceManufacturingTransportation and LogisticsTelecommunications and ITOther Verticals

For Detailed Segment Analysis: Request a Sample Report

Data Visualization Tools Market key players

Salesforce (USA)Microsoft (USA)IBM (USA)Qlik Sense (USA)Sisense (USA)Domo (USA)Oracle (USA)MicroStrategy (USA)TIBCO Spotfire (USA)GoodData (USA)Plotly (Canada)Geckoboard (United Kingdom)SAP (Germany)Klipsch (USA)Zoho Analytics (India)

Maximize Market Research is leading Information Technology & Telecommunication, has also published the following reports:

Data Visualization Market: Data Visualization Market size was valued at US$ 3.92 Billion in 2023 and the total revenue is expected to grow at a CAGR of 9.5 % from 2024 to 2030, reaching nearly US$ 7.39 Billion. The growing adoption of data visualization in small and medium businesses across the globe drives the Data Visualization Market.Data Visualization Software Market: The Global Data Visualization Software Market size was valued at USD 9.55 Billion in 2023 and is expected to reach USD 21.70 Billion by 2030, at a CAGR of 12.43 %. Data-driven decision-making, AI and Machine Learning Integration, and Digital Transformation are the growth drivers for the Data Visualization Software Market.Data Analytics Market: The data Analytics Market size was valued at USD 54.04 Billion. In 2023 the total Data Analytics revenue is expected to grow by 29.47 % from 2024 to 2030, reaching nearly USD 329.53 Billion. The rapid growth in the data analytics market is driven by factors such as digitalization, IoT devices, social media, and online transactions.Healthcare Big Data Analytics Market:-The global Healthcare Big Data Analytics Market is expected to hit USD 99.12 Billion by 2030 from USD 26.87 Billion in 2023 at a CAGR of 20.5 % during the forecast period. Increased government initiatives that promote the use of electronic health records are expected to drive the Healthcare Big Data Analytics Market.Advanced Visualization Market size is expected to grow at a CAGR of 12.45% during the forecast period and the market size is expected to reach nearly US$ 5.91 Bn. by 2029.Visualization and 3D Rendering Software Market size was valued at US$ 3.38 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 23.1% through 2024 to 2030, reaching nearly US$ 14.50 Bn.3D Modeling, 3D Visualization, and 3D Data Capture Market is worth USD 0.81 Billion in 2023 and is estimated to grow at a CAGR of 4.1% in the forecasted period. The forecasted revenue hints at a growth of around 1.08 billion USD by 2030.

Key Benefits for Stakeholders:

Data Visualization Tools market report offers a comprehensive analysis of the, combining both quantitative and qualitative insights. It covers segment analysis, current trends, market dynamics, challenges, and forecasts for the industry from 2024 to 2030.Utilizing Porter’s Five Forces framework, the report examines the power of buyers and suppliers, supporting stakeholders in making informed decisions and strengthening supplier-buyer relationships.A detailed look at market segmentation covers key opportunities within the Data Visualization Tools sector.Major countries within each region are mapped according to their revenue contributions, highlighting their impact on the global market.Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

About Maximize Market Research:

Maximize Market Research is a multifaceted Market Research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
+91 9607365656
sales@maximizemarketresearch.com
Follow Up: Facebook | Twitter | LinkedIn | Instagram

Logo: https://mma.prnewswire.com/media/2457992/Maximize_Market_Research_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/data-visualization-tools-market-expected-to-grow-at-a-cagr-of-11-6-percent-reaching-usd-15-80-billion-by-2030–302233051.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles “White Pollution”

Published

on

By

BEIJING, Sept. 20, 2024 /PRNewswire/ — On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular Economy Task Force, was co-organized by the China Circular Economy Association and the US-China Business Council. The forum brought together approximately 460 distinguished guests from the National Development and Reform Commission of China, the Ministry of Foreign Affairs, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Ministry of Commerce, the General Administration of Market Regulation, the US State Department, the US Department of Energy and other government departments, as well as industry experts, business representatives and scientific research institutions of the two countries. As the domestic leader in continuous pyrolysis technology, Niutech was invited by the China Circular Economy Association to attend the forum and gave an insightful speech on the topic of waste plastic recycling, and the issues of ‘white pollution’ that can result from it.

Enhancing Quality and Efficiency in the Circular Economy with Innovative Forces

The forum was strategically designed to advance the goals outlined in the U.S.-China “The Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis” (hereinafter referred to as the Sunnylands Statement). It aimed to create a collaborative platform for the business community, social organizations, and research institutions from both countries to foster exchanges and drive tangible cooperation in the circular economy.  

Zhao Chenxin, Deputy Director of the National Development and Reform Commission, John Podesta, Senior Advisor to the U.S. President on International Climate Policy, Liu Zhenmin, China’s Special Envoy for Climate Change Affairs, Nicholas Burns, U.S. Ambassador to China, and Xie Zhenhua, former Special Envoy for Climate Change Affairs of China, attended the opening ceremony of the Forum and delivered a speech, and Xie Feng, Chinese Ambassador to the U.S., made a video message. Deputy Director Zhao Chenxin said that addressing climate change is a common cause for all mankind and cannot be separated from the cooperation between the two global forces, China and the United States.

The China-US Circular Economy Cooperation Forum, held as an initiative to implement the Sunnylands Statement, marked another significant milestone in China-US cooperation on the circular economy. This collaboration is crucial for both nations as they join forces to tackle the climate crisis. On the afternoon of September 6, the forum organized four parallel meetings, where representatives engaged in in-depth exchanges on topics such as using the recycling economy to reduce greenhouse gas emissions, promoting the application of recycled materials, addressing plastic pollution and enhancing recycling, and increasing the recycling value of waste in the context of new industries and consumption patterns.

Niutech: International Experts on Continuous Pyrolysis Technology and Pioneers in solving the global “white pollution” problem

Globally, hundreds of millions of tons of waste plastics are generated annually, yet only about 30% undergo recycling. Traditional physical methods are typically limited to high-value, single-category, and relatively clean waste plastics. However, repeated recycling can degrade the quality of the plastics. Chemical recycling, on the other hand, offers a transformative approach by converting waste plastics into high-value products or fuels through chemical processes, thus overcoming the limitations of physical recycling.

Pyrolysis technology, a cornerstone of chemical recycling, addresses the challenges associated with the material recycling of waste plastics. It is adept at processing various types of low-value, mixed, and contaminated waste plastics. The products of pyrolysis can be further processed to manufacture new plastics, achieving a closed-loop system where waste plastics are repurposed into high-value new plastics. This not only retains the material’s utility at a high level but also converts “white pollution” into a “white oil field,” signifying a major shift in the management and valorization of plastic waste.

At the forum, as the international expert in continuous pyrolysis technology, the corporate representative of Niutech shared the cases of waste plastic chemical recycling projects deployed with international giants BASF and Quantafuel in Denmark, Thailand and other countries. Niutech has developed its own pyrolysis technology and equipment, which they fully own the intellectual property rights to. This technology enables the transformation of low-value, mixed, and contaminated waste plastics—including various polymers such as PP, PE, PS, ABS—into high-quality fuel oil.  

The fuel oil derived from this process can undergo further refining into naphtha, a critical raw material in the production of new plastics. This advanced recycling process not only diverts plastics from landfills and the environment but also contributes to a circular economy by turning waste into a valuable resource.

In the future, Niutech will continue to champion the principle of “green, recycling and low-carbon” waste plastics pyrolysis. Armed with advanced technology, reliable equipment, abundant high-value solutions and proven experience, Niutech is committed to enhancing communication and cooperation with domestic and foreign partners. Together, they will drive forward the chemical recycling of waste plastics and the sustainable development of the global waste plastics recycling industry.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/niutech-at-the-forefront-us-china-circular-economy-forum-tackles-white-pollution-302254665.html

SOURCE Niutech

Continue Reading

Technology

Global Ultrasound Institute Launches GUSI Fellowships Platform: Elevating Point-of-Care Ultrasound Education

Published

on

By

SAN FRANCISCO, Sept. 20, 2024 /PRNewswire/ — The Global Ultrasound Institute (GUSI) is proud to announce the launch of the GUSI Fellowships Platform, an innovative online platform designed to empower learners around the world to achieve confidence and competency in point-of-care ultrasound (POCUS). With a holistic, device-independent approach that includes comprehensive evidence-based education, personalized mentorship from world-class POCUS educators, detailed scan review feedback, quantitative assessments, and CME certification, GUSI is setting a new standard in POCUS education.

“GUSI’s online didactics are the best that I have seen. And what I like most about the fellowship were the 1:1 sessions and being able to interact with GUSI expert faculty who have many years of experience in POCUS. And you get to pick their brains and they get to instruct you 1:1. I have used the training I received from GUSI to do much more POCUS clinically and further impact my patients lives.”

Dr. James Wilcox,
Assistant POCUS Director, Indiana University School of Medicine
Adjunct Professor and Assistant Professor of Medicine

“Our mission at GUSI is to democratize access to high-quality ultrasound training,” said Dr. Kevin Bergman and Dr. Mena Ramos, Co-CEOs of Global Ultrasound Institute. “The GUSI Fellowships Platform enables learners from diverse backgrounds to enhance their skills in a supportive, flexible environment, making it easier than ever to reach their POCUS goals.”

With training options covering 38 different scan types, learners can expect personalized 1:1 mentorship with expert POCUS educators who provide timely feedback on practice scans.

“The GUSI fellowship mentors are the best: patient, kind, knowledgeable, experienced, and supportive. GUSI provided education in the areas I wanted and needed to obtain and in my home/office environment not requiring multiple trips around the country. It is not just the way course work is presented – learning is made easier by the support provided to each student.”

Dr. Glenda Patterson
Core Faculty, University of Arkansas Northwest Internal Medicine Residency
Physician, Veterans Health Care of the Ozarks
Board-certified in Internal Medicine, Pulmonary Medicine, and Critical Care Medicine

The GUSI Fellowships Platform features a scalable software system designed to monitor and track performance, ensuring learners can effectively measure their progress.

GUSI understands the challenges faced by healthcare professionals seeking to enhance their ultrasound skills amid demanding schedules. GUSI addresses these concerns with flexible scheduling options, allowing learners to progress at their own pace while balancing their professional and personal commitments. This adaptability and virtual experience is crucial for fostering a culture of continuous learning and skill development.

“I went from not being able to hold the probe to someone who can scan and diagnosing and finding pathologies. I worked with Dr. Milne-Price and she was amazing! She sharpened my skills and we did sessions of live scanning over Zoom. I feel confident in my skills now to scan on my own.”

Dr. Dalea Al-Hawarri
Faculty, Bryn Mawr Family Medicine Residency

As healthcare continues to evolve, the demand for proficient ultrasound practitioners has never been greater. GUSI is not only committed to providing exceptional education but also aims to inspire a new generation of healthcare professionals who can leverage POCUS to improve patient outcomes globally. Join us in this exciting journey towards excellence in ultrasound practice.

For more information on GUSI Fellowships and to start your journey toward ultrasound proficiency, visit https://globalultrasoundinstitute.com/.

About Global Ultrasound Institute:

Global Ultrasound Institute stands at the forefront of point-of-care ultrasound, providing wraparound education, training, AI, and administrative software tools to healthcare providers and health systems globally to lower barriers to POCUS adoption and implementation. GUSI has trained over 14,000 healthcare practitioners in over 60 countries. GUSI is working to create a better world in which every healthcare practitioner is empowered to offer a rapid, reliable, accurate ultrasound-enabled diagnosis directly at the point-of-care, for any patient, anywhere.

For more information about GUSI Fellowships or any of GUSI services, please visit https://globalultrasoundinstitute.com/

Contact:

Dr. Kevin Bergman, Co-Founder, co-CEO, Global Ultrasound Institute
Dr. Mena Ramos, Co-Founder, co-CEO, Global Ultrasound Institute

View original content to download multimedia:https://www.prnewswire.com/news-releases/global-ultrasound-institute-launches-gusi-fellowships-platform-elevating-point-of-care-ultrasound-education-302254656.html

SOURCE GLOBAL ULTRASOUND INSTITUTE

Continue Reading

Technology

Keuka College Notifies Individuals of Data Security Incident

Published

on

By

KEUKA PARK, N.Y., Sept. 20, 2024 /PRNewswire/ — Keuka College has learned of a data security incident that may have involved personal information.

On April 25, 2024, the College identified suspicious activity within its network environment and immediately took steps to secure the environment, restore its systems, and began an investigation to determine the nature and scope of the issue. Keuka College also engaged independent cybersecurity specialists to assist with the process. The comprehensive investigation, which concluded on August 21, 2024, could not determine definitively whether personal information related to current and former students and employees was affected.

Keuka College maintains a variety of records which can include: name, Social Security number, Driver’s license number, student id number, financial account information, and date of birth. Current students and employees were contacted by the College in May and provided with one year of free credit and identity monitoring services.

Keuka College has established a toll-free call center to answer questions about the incident and address related concerns. Call center representatives are available Monday through Friday from 9:00 am to 9:00 pm Eastern Time and can be reached at 1-833-913-7557. Please be prepared to provide the engagement number, B131983, for reference.

View original content:https://www.prnewswire.com/news-releases/keuka-college-notifies-individuals-of-data-security-incident-302254623.html

SOURCE Keuka College

Continue Reading

Trending