DUBLIN, October 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Visual Analytics Market in the US Education Sector 2016-2020" report to their offering.
The report forecasts the visual analytics in US education market to grow at a CAGR of 8.59% during the period 2016-2020.
Growing innovations in vendor offerings will be a key trend for market growth. Leading vendors are focusing on adding functionalities for the users to be able to analyze data in a visual environment and reduce the reliance on IT to carry out the same task. Vendors in the business intelligence market have an intense competition to increase their market share in the visual analytics tools market.
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.
- Qlik Technologies
- SAS Institute
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market drivers
PART 07: Impact of drivers
PART 08: Market challenges
PART 09: Impact of drivers and challenges
PART 10: Market trends
PART 11: Market segmentation by end users
PART 12: Market segmentation by deployment
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Other prominent vendors
PART 16: Appendix
For more information on this topic, check out the Computing and Technology section of the Research and Markets' blog.
For more information about this report visit http://www.researchandmarkets.com/research/fh2vrn/visual_analytics
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SOURCE Research and Markets