Dashboard Software Market to be Worth USD 5,843 Million By 2026 - Zion Market Research

Dashboard Software Market: By Deployment (Cloud and On-Premise), By Application (Business Intelligence and Business Analytics), By End-User (SME’s and Large Enterprise), and By Vertical (BFSI, Retail, IT and Telecom, Manufacturing, Education, Media and Entertainment, Energy & Power, and Others) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2026


New York, NY, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Dashboard Software Market – By Deployment (Cloud and On-Premise), By Application (Business Intelligence and Business Analytics), By End-User (SME’s and Large Enterprise), and By Vertical (BFSI, Retail, IT and Telecom, Manufacturing, Education, Media and Entertainment, Energy & Power, and Others) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2026.” According to the report, the dashboard software market was valued at approximately USD 2,296 million in 2017 and is expected to reach approximately USD 5,843 million by the end of 2026, with a CAGR of around 11.03% between 2018 and 2026.

Dashboard software helps to understand and evaluate complex data with clear and colorful graphical interfaces to perform fact-based and real-time decision-making. Data is a valuable asset for organizations, but leveraging it is time-consuming and costly. Organization members get the opportunity to gain insightful data with the help of well-defined dashboard software. Additionally, dashboard software provides consolidated data instead of digging through databases, flipping between screens, and signing into multiple analytics applications. Dashboard software for monitoring operations is often developed differently from the ones made to support tactical decision-making process and need monitoring of events and activities that are frequently changing.

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The dashboard software market is segmented based on deployment, application, end–user, and vertical. Deployment of dashboard software is done either through the cloud or on-premise mode. Cloud segment is anticipated to grow at the highest CAGR of around 13.62%, as cloud services provide autonomy, decision support, mobility, and standard development environment to dashboard software. By application, the dashboard software market is divided into business analytics and business intelligence. Business analytics held the largest share of around 64.31% in 2017, owing to data, mining, dashboards, and various analytics capabilities. The end-user segment includes SME’s and large enterprise. The large enterprise segment held the largest share due to high adoption of dashboard software. By vertical, the dashboard software market is fragmented into BFSI, retail, IT and telecom, manufacturing, education, media and entertainment, energy and power, and others. Dashboards are incredibly valuable in the manufacturing industry, as they help in bridging the gap between information and insights. Dashboard software takes huge amounts of information and presents it in a clear and concise manner using advanced data visualization and presentation techniques.

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By geography, the Asia Pacific dashboard software market is projected to grow at a CAGR 14.33% during the forecast time period, due to the growing demand for business intelligence in China, India, and Japan. The increasing investments made in the manufacturing sector is fueling the demand for enterprise resource planning systems and predictive maintenance system, which will positively impact the dashboard software market in the Asia Pacific region. In addition, the high adoption rate of cloud-based solutions and the existence of key market players in North America is likely to fuel the dashboard software market in this region over the next couple of years.

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The key players profiled in the global dashboard software market are Adaptive Insights, Cyfe, Inc., SAS Institute, Inc., Dundas Data Visualization, Inc., Phocas Ltd., Sibia Analytics Pvt. Ltd., Sage Group plc, ISHIR, Inc., BOARD International, Bitscape Infotech Pvt. Ltd., and ClicData, among others.

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The report segments the global dashboard software market as follows:

Global Dashboard Software Market: Deployment Segment Analysis

  • Cloud
  • On-Premise

Global Dashboard Software Market: Application Segment Analysis

  • Business Intelligence
  • Business Analytics

Global Dashboard Software Market: End-User Segment Analysis

  • SME’s
  • Large Enterprises

Global Dashboard Software Market: Vertical Segment Analysis

  • BFSI
  • Retail
  • IT and Telecom
  • Manufacturing
  • Education
  • Media and Entertainment
  • Energy and Power
  • Others (Transportation and Logistics, Hospitality)

Global Dashboard Software Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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