Data Visualization Platform Expected To Witness The Highest Growth 2027

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The data visualization platform provides graphic representation of data useful in various aspect of organizational functions. Data visualization eases the understanding of the big as well as small data through detection of patterns and trends. High growth in big data and inclusion of data analytics in industries is rapidly increasing the adoption of data visualization platform. Small and medium sized enterprise are increasingly exploiting data-analytics for their growth. North America region is expected to attain massive growth in the coming years on account of increased data generation among small and medium firms.

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The data visualization platform market is expected to soar in the forecast period owing to driving factors such as increasing adoption of cloud coupled with the robust growth of advanced analytics. Additionally, increased focus on data-driven decisions by the businesses is further propelling the growth of the data visualization platform market. However, lack of technical skills is likely to hinder the market growth during the forecast period. Nevertheless, growing popularity of business intelligence is expected to create significant opportunities for the players active in the data visualization platform market.

The global data visualization platform market is segmented on the basis of deployment, organizational department, and industry vertical. Based on deployment, the market is segmented as cloud-based and on-premise. On the basis of the organizational department, the market is segmented as marketing, executive management, operations, sales, and others. The market on the basis of the industry vertical is classified as BFSI, IT & telecom, government, education, retail & e-commerce, manufacturing, and others.

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