What is the current size and annual growth rate of the dashboard software market?
The dashboard software market size has grown rapidly in recent years. It will grow from $6 $ billion in 2024 to $6.88 $ billion in 2025 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to the increasing demand for data visualization, rise in adoption of cloud-based solutions, growth in big data analytics, growth in mobile device usage, and growth in automation.
The dashboard software market size is expected to see rapid growth in the next few years. It will grow to $11.75 $ billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to the rising need for mobile-compatible dashboards, increasing emphasis on data-driven decision-making, rising focus on operational efficiency, growing prevalence of remote work, and increasing investment in digital transformation initiatives. Major trends in the forecast period include technological advancements, integration with artificial intelligence, cloud-based solutions, mobile dashboards, and internet of things.
Get Your Free Sample of The Global Dashboard Software Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19392&type=smp
Which major factors have contributed to the expansion of the dashboard software market?
Increasing adoption of cloud-based solutions is expected to propel the growth of the dashboard software market going forward. Cloud-based solutions are services, applications, or resources that are delivered and accessed over the internet rather than being hosted on local servers or devices. Adoption of cloud-based solutions is rising due to several reasons, including cost efficiency, scalability, security, performance, and reliability. Dashboard software is beneficial for cloud-based solutions as it provides real-time data access, scalability, and flexibility, enabling centralized, secure, and easily accessible visualizations from any device. For instance, in December 2023, according to Eurostat, a Luxembourg-based statistical office of the European Union, approximately 45.2% of EU enterprises used cloud computing services in 2023, mainly for email hosting, file storage, and various operational tasks, marking a notable increase of 4.2 percentage points from 2021. In 2023, the most widely purchased cloud computing services were email services (82.7%), followed by file storage services (68.0%), and office software (66.3%). Therefore, increasing adoption of cloud-based solutions is driving the growth of the dashboard software market.
How is the dashboard software market segmented?
The dashboard softwaremarket covered in this report is segmented –
1) By Deployment: On-Premises, Cloud-Based
2) By Organization: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
3) By Functionality: Business Intelligence (BI) Dashboards, Operational Dashboards, Executive Dashboards, Departmental Dashboards
4) By Industry Vertical: Healthcare, Retail, Telecommunications And IT, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Government And Defense, Other Industry Verticals
Subsegments:
1) By On-Premises: Traditional Desktop Dashboard Software, Customizable On-Premises Dashboard Solutions, Integrated On-Premises Analytics Platforms
2) By Cloud-Based: SaaS (Software as a Service) Dashboard Solutions, Subscription-Based Cloud Dashboard Tools, Mobile-Optimized Cloud Dashboard Applications, Collaborative Cloud Dashboard Platforms
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/dashboard-software-global-market-report
Who are the top competitors in the dashboard software market?
Major companies operating in the dashboard software market are Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., The Sage Group plc, Tableau Software LLC, Zendesk Inc., Zoho Corporation Pvt. Ltd., TIBCO Software Inc., Smartsheet Inc., Domo Inc., Sisense Inc., Wrike Inc., Corporater AS, GoodData Corporation, Phocas Group Limited, Scoro Software OÜ, Yellowfin International Pty Ltd., Klipfolio Inc., Geckoboard Inc., Cyfe Inc., Agency Analytics Inc., InetSoft Technology Corporation
Which key trends are expected to influence the dashboard software market in the coming years?
Major companies operating in the dashboard software market are focusing on developing technologically advanced products, such as interactive dashboards for easy data analysis. An interactive dashboard is a visual tool used for data analysis, reporting, and decision-making. For instance, in April 2023, Inntopia, a US-based software development company, launched Destination Explorer, a robust dashboard software tailored for destination marketing organizations (DMOs), convention and visitor bureaus (CVBs), and lodging suppliers. This tool provides an intuitive platform to analyze both forward-looking occupancy data and historical performance. With advanced insights and customizable filters, users can assess how economic conditions, reservations, weather, consumer confidence, holidays, school breaks, and special events influence guest booking behavior. This in-depth analysis helps property managers make data-driven decisions related to pricing, staffing, and value-added incentives.
Which regional trends are influencing the dashboard software market, and which area dominates the industry?
North America was the largest region in the dashboard software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dashboard software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Dashboard Software Market Report 2025 Offer?
The dashboard software market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Dashboard software is an application that delivers visual representations of key metrics and data points through interactive and customizable dashboards. These dashboards consolidate information from various sources into a single interface, allowing users to monitor performance, track progress, and make data-driven decisions efficiently. It helps users quickly grasp complex information and make informed decisions based on the latest data.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19392
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
