Use of data visualization products experience steady growth

The market for data visualization products—such as scorecards and dashboards—is expected to continue its steady growth, as more organizations look to better understand data and use them to better make use of other information systems.

The worldwide data visualization market was valued at $4.51 billion in 2017 and is expected to reach a value of $7.76 billion by 2023, a compound annual growth rate of 9 percent, according to a report by Mordor Intelligence, a market research firm. The report covers products offered by major players, including solution providers of both visual analytics and reporting tools.

Author: Bob Violino

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