A charts and graphs diagramming software, as the name suggest, is used to build different types of charts and for graphical representation of data that helps in understanding the trends and scenarios and creating presentations in industries as well as on an individual basis. These charts and graphs help in the identification of improvement potentials within a business unit or an organization. A charts and graphs diagramming software is superior to paper charts or raster graphics. Thus, companies are increasingly adopting the software. Contract fee for this software is determined on the basis of contract period, type of use, storage capacity, and the number of users expected to use the software (individual users or a team). There are different type of charts that are used in enterprises or for business and personal use such as vertical and horizontal bar charts, pie charts, line charts, histogram, area charts, flow charts, product roadmaps, organizational charts, process flow diagrams, activity diagrams etc. and a charts and graphs diagramming software is capable of providing a convenient solution to all these charts and graphs.
The global charts & graphs diagramming software market is expected to witness strong growth in the next few years, as paper catalogues have been substituted by digital catalogues in a majority of public and private organizations and charts and graphs diagramming software are easy to use. Several companies are trying to enter the charts & graphs diagramming software market through merger and acquisition (M&A) activities or by forming alliances. For instance, Garmin Ltd. acquired Navionics S.p.A., an Italy-based electronic navigation charts company, in 2017. However, the requirement for training regarding use of charts and graphs diagramming software is likely to hamper the charts & graphs diagramming software market during the forecast period.
The global charts & graphs diagramming software market can be segmented based on component, application, enterprise size, and region. In terms of application, the market can be classified into personal and corporates. In terms of component, the market can be categorized into software and services. Based on enterprise size, the global charts & graphs diagramming software market can be divided into small- & medium-sized enterprises and large enterprises. Based on geography, the global charts & graphs diagramming software market can be classified into North America (including the U.S., Canada, and Rest of North America), Europe (including Germany, the U.K., Italy, and Rest of Europe), Middle East & Africa (including South Africa, GCC, and Rest of Middle East & Africa), Asia Pacific (including Japan, India, China, and Rest of Asia Pacific), and South America (including Brazil and Rest of South America).
North America and Europe are expected to lead the global charts & graphs diagramming software market during the forecast period, as the two regions witness early adoption of the software led by high awareness about the technology in the region. Currently, every organization has departments, wherein the work revolves mostly around PowerPoint presentations and Excel sheets and the simplest representation of data that could be easily understood is in the form of charts and graphs. Thus, increasing demand and ease of using the software are expected to drive the global charts & graphs diagramming software market in the next few years. The global market witnesses presence of a few established players providing charts and graphs diagramming software and services. Moreover, rise in the popularity of charts and graphs diagramming software in Asia Pacific is expected to propel the market in the region from 2019 to 2027.
Some of the key players operating in the global charts & graphs diagramming software market are Microsoft Corporation, Cinergix Pty. Ltd., EdrawSoft, think-cell Sales GmbH & Co. KG, Lucid Software Inc. ConceptDraw PRO Inc., Axure Software Solutions, Inc. Venngage Inc., SmartDraw, LLC., Prezi, Inc., and ChartCo Limited. These players are providing software for both android and iOS/Mac and investing in continuous innovations.
- Enterprise Size
- North America
- Asia Pacific
- Middle East & Africa
- South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.