Publication Month: Sep 2021 | Report Code: TIPRE00011177 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Published
The diagramming software is experiencing a rise in adoption across both large enterprises and small and medium enterprises over the years. Enterprises are adopting these solutions for various applications including flowchart, mind map, organization chart, timeline, and grant chart. The adoption of diagramming software enables to define workflow and hierarchy in a better manner, thereby offering transparency among organizations. Additionally, the diagramming software are useful for various departments of an organization. These solutions are applied across departments such as marketing, human resources, operations, and engineering. These solutions help different departments to create flowcharts, customer journey mapping, process diagrams, project mapping, and timeline diagrams. Companies such as Lucid Software Inc. and Cinergix Pty Ltd are offering different solutions for each department based on their requirements. These solutions are also able to easily collaborate on a real-time basis with the teams across remote locations. Thus, the above-mentioned factors are influencing the rapid adoption of diagramming software across enterprises, thereby contributing to the growth of the Diagramming Software market
Owing to the sudden COVID-19 outbreak, most of the individuals are working from home and spending more time online, which is boosting the shift to digital technology adoptions. The rising demand for digital resources is stressing the systems of several software and platform organizations and hindering their capability to serve services with reliability and quality. The need for collaboration among team members during presentations and meetings has propelled the adoption of collaboration enabled diagramming software across the region. All these factors are positively impacting the growth of the diagramming software market.
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Owing to the rise in industrialization and globalization initiatives in both developed and developing countries, business activities are growing across all industries. Additionally, it has been observed that more than 75% of enterprises worldwide are planning to adopt digital transformation to have business recovery out of 2020. The enterprises are looking ahead to adopt cost-effective and collaborative solutions to accomplish their pre-determined digital goals. For instance, penetration of free and cloud-based platforms such as diagramming software is expected to gain high momentum. The cloud-based platform assists teams to track, collaborate, and possibly manage workflows. The diagramming solutions enable the end users to automate the management approval workflow process for business and release complete transparency.
Based on enterprise size, the diagramming software market is bifurcated into small and medium-size enterprises and large enterprises. The large enterprises segment held a larger market share in 2020.
|Market Size Value in||US$ 700.00 million in 2021|
|Market Size Value by||US$ 1313.66 million by 2028|
|Growth rate||CAGR of 9.4% from 2021-2028|
|No. of Pages||150|
|No. of Tables||83|
|No. of Charts & Figures||80|
|Historical data available||Yes|
|Segments covered||Deployment Type, Enterprise Size and Application|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
Players operating in the diagramming software market are mainly focused on the development of advanced and efficient products.
The List of Companies - Diagramming Software Market