Visual Analytics Market 2025 Future Scope By Leading Players ADVIZOR Solutions, MicroStrategy, TIBCO Software, Qlik Technologies and Tableau Software

Key trend which will predominantly effect the visual analytics market in coming year is advancements in "fast" data interaction provided through vendors' implementations of Apache open source technologies and frameworks for SQL-on-Hadoop, in-memory computing, and in-database processing. Other recent advances include capabilities for continuously updating analytics and dashboards from data flowing into Hadoop clusters, not just traditional data warehouses. These technologies will enable users of BI and visual analytics applications to tap Hadoop data lakes and data hubs for daily, operational requirements rather than having to wait for batch-oriented cycles to finish. The visual analytics market is projected to witness continued technology developments in this area for the coming years.

Some of the key players operating in the Visual Analytics market landscape includes Tableau, SAP SE, Qlik Technologies, TIBCO Software, ADVIZOR Solutions Pvt. Ltd., SAS Institute, Oracle Corporation, MicroStrategy and IBM Corporation among others.

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Visual analytics market is expected to grow US$ 5,718.6 Mn by 2025 from US$ 2,215.0 Mn in 2017. Cloud deployment model in visual analytics market research report is expected to experience outgrowth in its deployments due to rising adoption cloud technology throughout industries. Currently, more than 30% of the visual analytics deployments are on cloud. Cloud models are most preferred by smaller and large organizations to store, manage and share efficiently the critical and sensitive files. Larger organizations also prefer cloud deployment models for their mission critical data. Lesser investments and easy integration with the systems have made the adoption of cloud deployment model more attractive among the organizations, which in turn is expected to fuel the visual analytics market during the .

The visual analytics market landscape majorly comprises of technical stakeholders, managers and consultants. The technical stakeholders are more grounded towards software development, which includes software designers, developers, testers and architects. The managers is a group that adds value by enabling integral execution of projects for long term durations, whereas the consultants have a smaller yet impactful role, as they assist in integral strategic decision making.

In the coming years the visual analytics is anticipated to become the universal language that would allow the business to attain quick insights, drive collaboration culture and build communities. The widespread adoption of Big Data is yet another fact that would significantly drive the demand for visual analytics among organizations.

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The preprocessing tasks for a visual analytics tool include data cleaning, grouping, normalization, as well as the integration of heterogeneous data sources. In the next step, if an automatic analysis is to be done, the data mining methods are applied to generate models of the original data. After the model creating, the user needs to refine the models and select the best for interacting with the data. These interfaces of data created take the form of dashboards that can be used by the business heads for presenting a snapshot of their business.

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