Report : Visual Analytics Market to 2025 - Global 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 retail and consumer goods industry to generate growth in Market by 2025 with a CAGR of 12.8%.
The “Visual Analytics Market to 2025 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) - Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of Visual Analytics market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant Visual Analytics players in the market and their key developments.
Visual Analytics Market to 2025 - Global Analysis and Forecast by Deployment Model, Business Function, and Vertical, Visual Analytics market is expected to grow US$ 5, 7186 Mn by 2025 from US$ 2, 2150 Mn in 2017. The visual analytics process combines automatic as well as visual analysis methods coupled with the cognitive power of human interaction for gaining knowledge from the data. Any visual analytic tool is used in the integration of heterogeneous data sources before the visual or automatic analysis is applied. 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. User friendliness of these tools, cost-effectiveness, and the ability of customization of visual analytics tools, interactive user interfaces, dashboards, and filtering options are some of the parameters that help the end-users decide upon choosing a particular visual analytic tool for their business function.
In May 2018, Arcadia Data, who is the provider of the first visual analytics and BI software native to big data, today announced that its flagship product. This new product by the Arcadia Enterprise is projected to define the next era of analytics and BI for data lakes, and offer the potentials that would help addressing the compliance for General Data Protection Regulation (GDPR) through its strong governance features. The visual analytics market is facing a rapid adoption, particularly in Asian provinces, and is perceived to approach its maturity in leading geographic markets including North America and Europe.
The global Visual Analytics market by geography is segmented into six region including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to account for the largest share of the global Visual Analytics market in 2017, followed by Europe. Germany and UK being two key countries in Europe region which will lead Visual Analytics market in this region and is also expected to continue its dominance throughout the forecast period from 2016 to 2025. The report profiles key players such as Tableau Software, SAP SE, Qlik Technologies, TIBCO Software, ADVIZOR Solutions Pvt. Ltd., SAS Institute, Oracle Corporation, MicroStrategy and IBM Corporation.
The report segments the global visual analytics market as follows:
Global Visual Analytics Market - By Deployment Model
Global Visual Analytics Market - By Business Function
Sales and Marketing
Global Visual Analytics Market - By Vertical
Retail & Consumer Goods Market
IT & Telecom
Energy & Utilities
Global Visual Analytics Market - By Geography
Rest of Europe
Asia Pacific (APAC)
Rest of APAC
Middle East & Africa (MEA)
Rest of MEA
South America (SA)
Rest of SA
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