Text Analytics Market Size, Share And Major Industry Players Forecast (2024-2030)

The global “Text Analytics Market Size 2024 ” is expected to rise with an impressive CAGR and generate the highest revenue by 2030. Fortune Business Insights™ in its latest report published this information. The report is titled “Text Analytics Market Size, Share and Revenue Forecast, 2023-2030”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

KEY INDUSTRY DEVELOPMENTS

  • August 2019 – Indium Software announced the launch of its text analytics product powered by artificial intelligence, teX.ai. the SaaS based teX.ai offers various applications such as topic modeling, data scraping, classification, summarization, validation, clustering, among others.
  • August 2020: Microsoft corporation announced the release of it text analytics for the healthcare provider during COVID–19 crises.  It is expected to provide support to the researcher, healthcare providers, and government to gain insights from the unstructured medical data to deal with corona virus impacts.

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Report Highlights:

  • A comprehensive overview of the Text Analytics Market
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Text Analytics Market
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Driving Factor:

0

Regional Analysis for Text Analytics Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

The Text Analytics Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Text Analytics Market Segments:

By Component

  • Solution
  • Services
  • Professional Services
  • Managed Services

By Application

  • Competitive Intelligence
  • Customer Relationship management
  • Predictive Analytics
  • Fraud detection
  • Risk Management
  • Social Media Analysis
  • Workforce management
  • Document management
  • Others

By Deployment

  • Cloud
  • On-premises

By Enterprise Size

  • SMEs
  • Large Enterprises

By End-user

  • BFSI
  • Retail
  • Government
  • Healthcare
  • Manufacturing
  • IT & Telecom
  • Media and Entertainment
  • Travel and Hospitality
  • Others

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Top Smart Text Analytics Market Size Manufacturers covered in the Market Report include:

  • SAP SE
  • IBM Corporation
  • Com AG
  • SAS Institute, Inc.
  • Microsoft Corporation
  • Netbase Solutions
  • OpenText Corporation
  • Bitext Innovations S.L.
  • Megaputer Intelligence, Inc.
  • RapidMiner, Inc.
  • Luminoso Technologies, Inc.
  • Indium Software
  • Brandwatch
  • Lexalytics, Inc.
  • Clarabridge
  • HP Enterprise

Some of the Key Questions Answered in this Report:

  • Detailed Overview of the Text Analytics Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Text Analytics Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Text Analytics Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
  • What is the Text Analytics Market growth momentum or market carries during the forecast period?
  • Which region may tap the highest market share in the coming era?
  • Which application/end-user category or Product Type may seek incremental growth prospects?
  • What focused approach and constraints are holding the Text Analytics Market demand?

Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

Major Table of Contents for Text Analytics Market Research Report:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Text Analytics Market Insights
  • Global Market Analysis, Insights and Forecast
  • North America Market Analysis, Insights and Forecast
  • Europe Market Analysis, Insights and Forecast
  • Asia Pacific Market Analysis, Insights and Forecast
  • The Middle East and Africa Market Analysis, Insights and Forecast
  • Latin America Market Analysis, Insights and Forecast
  • Competitive Landscape
  • Global Text Analytics Market Revenue Share Analysis, By Key Players, 2023
  • Company Profiles
  • Conclusion

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