What's driving the Visual Analytics Market Trend? with top key players | SAS INSTITUTE INC., IBM CORPORATION, ORACLE CORPORATION, TIBCO SOFTWARE INC., SAP SE, ADVIZOR SOLUTIONS

Market Study Report LLC recently added a new title on 2019-2025 Global Visual Analytics Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025.

Visual analytics market by vertical is segmented into Retail & Consumer Goods, IT & Telecom, BFSI, Manufacturing, Energy & Utilities, Healthcare, Government and others (Defense, Logistics, Entertainment, Education, Life Sciences, and Hospitality). A visual analytics software enables a business user to gain a more personalized experience with the data. Exploding data volumes compel the users to deep-dive into such data sets and further discover more insights related to their particular domain. The advent of visual analytics has had a certain impact on the various business functions in any industry vertical. The IT department is the foremost vertical that has a direct interface between the human user and the data.

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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.

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.

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The overall visual analytics market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the visual analytics market industry.

Table of Content:

1. INTRODUCTION

2. KEY TAKEAWAYS

3. VISUAL ANALYTICS MARKET LANDSCAPE

4. KEY INDUSTRY DYNAMICS

5. VISUAL ANALYTICS- GLOBAL MARKET ANALYSIS

6. GLOBAL VISUAL ANALYTICS MARKET ANALYSIS - BY DEPLOYMENT MODEL

7. GLOBAL VISUAL ANALYTICS MARKET ANALYSIS - BY BUSINESS FUNCTION

8. GLOBAL VISUAL ANALYTICS MARKET ANALYSIS - BY VERTICALS

9. GLOBAL VISUAL ANALYTICS MARKET - GEOGRAPHICAL ANALYSIS

10. INDUSTRY LANDSCAPE

11. COMPETITIVE LANDSCAPE

12. COMPANY PROFILES

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Related Report:

Asia Pacific Visual Analytics Market to 2025 - Regional Analysis and Forecasts by Deployment Model (On-Premises and Cloud); Business Function (Sales and Marketing, Operations, Finance, Supply Chain, Information Technology, CRM, and Human Resources); Vertical (Retail & Consumer Goods, IT & Telecom, BFSI, Manufacturing, Energy & Utilities, Healthcare, and Government)

The Asia Pacific visual analytics market accounted for US$ 447.4 Mn in 2017 and is expected to grow at a CAGR of 16.3% over the forecast period 2018-2025, to account for US$ 1469.4 Mn in 2025. With the growing complexity of business processes, business intelligence is gaining popularity among SMEs. One of the primary trend impacting data visualization and analytics innovation is the widespread presence of AI and Machine Learning. Modern IT departments and personals might hesitate to be in syn. With analytic platforms that include AI and ML capabilities. However, it will act as a highly effective assistant to modern analysts. While there might be concerns over being replaced, machine learning will supercharge analysts, and make them more efficient, more precise, and more impactful to the business.

https://www.marketstudyreport.com/reports/asia-pacific-visual-analytics-market-to-2025-regional?utm_source=RR-SP

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