Lewes, DE -- (SBWIRE) -- 10/14/2016 -- 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://www.marketresearchreports.com/technavio/visual-analytics-market-us-education-sector-2016-2020

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