North America to Account for Largest Revenues in the Market
Revenues from the market for lifesciences data mining and visualization in North America will remain significantly larger than those obtained from the market in all the other regional segments combined. Apart from North America, Europe will also prevail as a lucrative market for lifesciences data mining and visualization market.
On the basis of customer segment, pharmaceuticals will witness the fastest expansion in the market during 2017 to 2026. In addition, revenues from academia and diagnostics & screening will increase at an approximately equal CAGR through 2026. Sales & marketing will endure as the most lucrative among solution type segments, trailed by operations and supply chain.
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Key Future Projections of Lifescience Data Mining and Visualization Market for Forecast Period 2017-2026
- The global market for lifesciences data mining and visualization will be dominated by North America, in terms of revenues, during the forecast period. Europe has been estimated to remain the second largest market for lifesciences data mining and visualization.
- Asia-Pacific excluding Japan (APEJ) is anticipated to remain the fast-expanding market for lifesciences data mining and visualization, with revenues estimated to exceed US$ 500 Mn by 2026-end.
- Revenues from the markets in Europe and Japan will increase at an equal CAGR, although Japan is poised to account for a small revenue share of the market during the forecast period.
- On the basis of licensing structure, server-based segment will continue to be the leading revenue contributor to the market, followed by user-based yearly license. Revenues from these tow licensing structure segments are expected to hold over 40% share of the market by 2026-end.
Competition Tracking
Fact.MR’s report imparts forecast and analysis on the global lifesciences data mining and visualization market, tracking the occupancy of major market players through an intensity map. Key companies profiled by the report include MicroStrategy Inc., InetSoft Technology Corporation, Pentaho Corporation, Dundas Data Visualization Inc., Information Builders, IBM Corporation, TIBCO Software Inc., Oracle Corporation, Microsoft Corporation, SAS Institute Inc., SAP SE, and Tableau Software.
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