Tableau Services Market size was over USD 1.02 billion in 2023 and is poised to cross USD 4.94 billion by 2036, growing at more than 12.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of tableau services is evaluated at USD 1.13 billion. The growth of the market can be attributed to the growing demand for business intelligence tools for visual analysis of data, and upsurge in the need for customer analytics across the world. Along with these, rising usage of business intelligence tools by academic researchers and government organizations for data blending and real-time collaboration, and spiraling penetration of smartphones are also expected to drive market growth in the near future. About 6 billion people in the world were smartphone users in the year 2020, which is calculated to increase up to more than 7 billion users by the end of 2024. Furthermore, escalating adoption of a more formal business approach by several private and government organizations, and rising usage of business intelligence by small and medium enterprises globally are projected to offer ample growth opportunities to the market in the near future.
Author Credits: Abhishek Verma
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