Global Data Visualization Market to Reach US$ 5.50 Billion by 2027, Bolstered by Significant Improvements in the IT Infrastructure

May 05, 2022

The latest report by IMARC Group, titled “Data Visualization Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global data visualization market size reached US$ 3.24 Billion in 2021. Data visualization refers to the representation of data or information through graphs, maps, charts, and other visual tools. It helps organizations to generate meaningful reports from the ever-increasing, diverse, and massive quantity of business data produced on a regular basis. Data visualization tools improve comprehension, facilitate accurate data analysis, better decision making, increase sales, and discover various trends and patterns in a competitive market. It enables the graphical representation of data in the form of bar and line graphs, making it easier to make data-driven inferences and decisions for organizations. As a result, it finds utilization across BFSI, information technology, telecommunication, retail, and education industries. 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global Data Visualization Market Trends: 

The market is primarily driven by the increasing use of visualization platforms for software advisory and predictive analysis. The significant improvement in the IT infrastructure and the growing need for interactive and simplified projection data across various organizations is also fueling the market growth. In addition, the rising demand for cost-effective and scalable data analysis and identifying key performance indicators (KPIs) through BI is escalating the need for data visualization. Moreover, various technological innovations, such as the development of the Internet of Things (IoT) and artificial intelligence (AI) technologies, which facilitate the usage of unstructured and structured data, are significantly impacting product sales across the globe. Furthermore, the utilization of data visualization systems by medium and large-scale enterprises through smartphones, tablets, desktops, and web-based applications for generating customized reports and graphical representation of the data, is expected to create a positive outlook for the market. Looking forward, the market value is expected to reach US$ 5.50 Billion by 2027, exhibiting a CAGR of 9.35% during the forecast period (2022-2027).

Market Summary: 

  • Based on the component, the market has been segmented into software and services.
  • On the basis of the organizational department, the market has been classified into sales, marketing, finance, operations, executive management, and others.
  • The market has been bifurcated based on the deployment mode into on-premises and cloud-based.
  • On the basis of the enterprise size, the market has been segregated into small, medium, and large enterprises.
  • Based on the end user, the market has been categorized into BFSI, education, IT and telecommunication, retail and e-commerce, manufacturing, government, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being Alteryx Inc., Domo Inc., Dundas Data Visualization Inc., Hitachi Limited, InetSoft Technology Corp., International Business Machines Corporation, Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, Inc., SAP SE, SAS Institute Inc. and TIBCO Software Inc.


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

USA: +1-631-791-1145
Follow us on twitter : @imarcglobal

Global Data Visualization Market to Reach US$ 5.50 Billion by 2027, Bolstered by Significant Improvements in the IT Infrastructure
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More