Market Overview The global data visualization market was valued at USD 2.99 billion in 2020 and expected to reach USD 5.17 billion by 2026 and grow at a CAGR of 9.69% over the forecast period (2021 - 2026).
What is the future of data visualization?
The future of Big Data visualization dramatically increases efficiency and improves efficiency by delivering infographics that can be turned into valuable insights. Nothing is best than becoming able to communicate insights in real-time using immersive visuals.Dec 14, 2020
How much does a data visualization specialist make?
The data visualization specialist salary range is $40,000 to $90,000, with an average salary of $60,160 / year. To qualify for this role, employers are looking for a bachelor's degree in statistics, math, engineering, business, or finance, along with at least two years of relevant experience.Jun 15, 2020
What jobs can you get with a visualization degree?
Visual media entertains, informs, and motivates. Students pursuing a degree in Visualization may plan on careers in areas such as graphic design, advertising, animation, marketing, web design, and other types of careers requiring creativity and design skills.
What are some of the challenges in storytelling with data?
- Dealing with an ever-growing amount of data and metrics. It can be tough to choose what data and insights to present. ...
- Concern that insights will bring unwanted change. ...
- Reluctance to become data-driven. ...
- Reporting to multiple stakeholders. ...
- Using the right technology.
Is data visualization in demand?
The data visualization market is moderately competitive. The players in the market are innovating in providing strategic solutions to increase their market presence and customer base. This is enabling them to secure new contracts and tap new markets.
Is data Visualisation a good career?
Data visualization is a good career, but there aren't many jobs for making reports out of data because it's not a field per se. It's an excellent skill to have and is mostly used in other data jobs. You'll need to know front-end development or data analysis to offer real value to the company.
What is the scope of data visualization?
Operational alerting – another scope of data visualization is operational alerting. It enables sales, marketing, and internal processes teams to stay informed about any new promotion, product launch, or more. Data visualization allows sending visual alerts to the teams in real-time.Sep 24, 2019
What are the characteristics of data visualization?
- Visually appealing. Sophisticated mobile applications and visualization tools have raised the bar on usability and quality of data. ...
- Scalable. ...
- Give the audience the right information. ...
- Easily accessible. ...
- Enables rapid development and deployment. ...
- Conclusion.