Report forecast the visual analytics in US education market
to grow at a CAGR of 8.59% during the period 2016-2020.
Visual analytics is an emerging field of analytics that
involves the use of visualization, data mining, and statistics to handle
massive volumes of data. This is done with the help of human judgement by means
of visual representations and interaction techniques. In visual analytics,
instead of limiting the analysis to predefined metrics to examine data and study
relations between parameters, data analysts are increasingly incorporating
analytical reasoning and advanced computation with data visualization.
The report covers the present scenario and the growth
prospects of the visual analytics in US education market for 2016-2020. To
calculate the market size, the report considers the revenue generated from the
sales of visual analytics software to the education segment.
The market is divided into the following segments based
on end-users:
- Higher education visual analytics
- K-12 visual analytics
According to the report, emergence of self-service analytics
will be a key driver for market growth. While predictive and statistical
analytical techniques were widely used in the banking and insurance industry,
they are increasingly being adopted by other industries, such as retail and
education. Unlike traditional analytical tools, advanced analytical tools are
not restricted to historical reporting and help users better predict future
scenarios. To gain a differential edge from competitors, vendors are venturing
into self-service tools. These tools can not only be used by data scientists
and statisticians but can also be used by professionals with less technical
expertise, such as administrators at educational institutions. The goal of
self-service analytics is to empower decision makers with a technology that
will allow them to rapidly explore various solutions to improve problem-solving
abilities.
Further, the report states that scalability is a challenge
for vendors in the visual analytics market as it determines the ability of
vendors to process large datasets using computational overheads and rendering
techniques. Over the years, vendors in the visual data analytics market have
developed various techniques for the visualization of datasets. However, a lot
of tools are not scalable to large datasets, which are used in visual
analytics. While the quantity of data is growing, the number of pixels on the
display remains constant, and the compression required to visualize the dataset
on the display is increasing. Therefore, it is a challenge for vendors to
create a view of datasets, which provide more insight and maximize the amount
of details.
Visual Analytics in US Education Market 2016-2020,
has been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the visual analytics in US education market:
Oracle, Qlik Technologies, SAS Institute, Tableau, Domo, Dundas Data
Visualization, IBM, Logi Analytics, MicroStrategy, and SAP.
Market driver
- Emergence of self-service analytics
- For a full, detailed list, view our report
Market challenge
- Rising challenges due to scalability
- For a full, detailed list, view our report
Market trend
- Increasing use of cloud computing
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 61 pages “Visual Analytics
Market in the US Education Sector 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market drivers, Impact of drivers, Market challenges, Impact of
drivers and challenges, Market trends, Market segmentation by end users, Market
segmentation by deployment, Vendor landscape, Key vendor analysis, Other
prominent vendors, Appendix.
For
more information Visit at: http://mrr.cm/3xX
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