The global 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.

Segmentation  

The global diagramming software market is segmented based on the type and end-use. Based on the type, the market is segmented into cloud-based and web-based diagramming software. Based on the end-use application, the market is segmented into large enterprises and small and medium-sized enterprises (SMEs). A cloud service technology is generally the “off-premise” software, hosted on a dedicated server managed and controlled by the cloud computing provider. A cloud server owners administrate its work at a private location. They provide this cloud service to clients through a direct network connection that uses the internet (VPN, Remote desktop, etc). 

Regional outlook

Geographically, the global diagramming software market is segmented based on the region including North America, Europe, Asia-Pacific, and the Rest of the world (RoW). The global market in North America is anticipated to have a considerable share among all the regions followed by Europe. Growing business, technological advancement, awareness about the adoption of new technologies, and robust internet infrastructure are the major driving factors that are propelling the North American diagramming software market. 

Competitive Landscape

The major players that are providing diagramming software include Microsoft Corp., Nulab Inc., SmartDraw, LLC, EdrawSoft, Gliffy Inc., Cinergix Pvt. Ltd., The Omni Group, Awmous, LLC, The Dia Developers, Computer Systems Odessa Corp., and others. The range of products provided by these companies is Lucidchart, Visio, Cacoo, Sketch, Draw.io, Pingboard, EDraw Max Samepage, and others. These companies are adopting various growth strategies in order to stay in the market and capture high share.  For instance, in March 2019, UK-based company Visirule integrated artificial intelligence with its diagramming software platform. This system uses big data and analytics to make data-driven decisions by creating a proper chart. 

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global diagramming software market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.