Diagramming software market is estimated to grow at a CAGR of around 8% during the forecast period. Diagramming software is used to draw different types of diagrams to visualize and present data. This visualization and the presentation helps in understanding the trends and scenarios and creating presentations in industries as well as on individual purposes. These diagrams help to identify the potential & the weak points of any business unit or an organization. A proper diagram or data visualization is way more superior than the raw data, resulting in the adaptation of the diagramming software is increasing in the business sector. Companies use diagramming software to create detailed diagrams, such as floor pants, flow charts, org. charts, mind maps, and others. This software includes various diagramming tools, it helps to build to diagrams from scratch. Diagramming software enables schematic data presentations through various charts.
The increasing demand for data-driven decisions is driving the global diagramming software market. There are different types of charts that are used in enterprises or for personal use such as vertical and horizontal bar charts, pie charts, line charts, histograms, area charts, flow charts, product roadmaps, organizational charts, process flow diagrams, activity diagrams, and others. Diagramming software is capable of providing a convenient solution to all these charts and graphs. Thus, companies are increasingly adopting the software.
Increasing cyber threats and data breaching on cloud-based diagramming software is one of the major restraining factors that is drowning the growth of the global diagramming software market. According to a recent study of the University of San Diego damage related to cybercrime projected to hit $6 trillion annually by 2021. Complications during data integration in the cloud system may hinder the growth of the global diagramming software market. Although, increasing demand for the web-based interface and large scale investment made in this sector are major opportunities for the future growth of this market. The integration of Internet of Things (IoT), Machine Learning, Robotics and Artificial Intelligence (AI) with the diagramming software is also an opportunity factor that the driving the future growth of the global diagramming software market. For instance, in March 2019, UK-based company Visirule integrated artificial intelligence with its diagramming software platform.
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Diagramming Software Market Segmentation
By Types
- Cloud-based
- Web-based
By End-User
- Large Enterprise
- SMEs
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Diagramming Software Market by Regional
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Awmous, LLC
- Cinergix Pvt. Ltd.
- Computer Systems Odessa Corp.
- EDrawSoft
- Evolus, Inc.
- Gliffy (Perforce Software, Inc.)
- iGrafx, LLC.
- Jgraph
- Microsoft Corp.
- MindManager (Corel Corp.)
- Nulab, Inc.
- SmartDraw, LLC
- The Dia Developers
- The Omni Group
- yWorks GmbH
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