In addition, the increasing inclination for smart factories and the ever-widening use of visual analytics, information visualization, and scientific visualization in both small and large organizations are also contributing to the data visualization market growth. The proliferation of smartphones, growing Internet use, rapid advancements in Machine Learning, and the rising adoption of cloud computing technologies as well as the Internet of Things are driving the global data visualization market.
By 2027, the market worth is expected to be $19.20 billion at a compound annual growth rate of 10.2%. According to a Fortune Business Insights report, the data visualization market in 2019 was estimated at $8.85 billion.
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