Text Analytics Market Size, Status and Forecast 2019-2025

Adroit Market Research launched a study titled, “Global Text Analytics Market Size 2017 by Product (Cloud & On-premise), by Application (Customer-facing apps, Semantic/cognitive search, Integrated advanced analytics, Business intelligence (BI) & Competitive intelligence/brand awareness), by End-use (FMCG, BFSI, Healthcare & Pharma, Telecom, Government & Retail), by Region and Forecast 2018 to 2025”.

The study covers the global text analytics market value for a period ranging from 2012 to 2025, where 2012 to 2017 imply the actual annual consumption with forecast between 2018 and 2025.The global text analytics market report also includes qualitative insights of the market such as drivers, restraints, value chain, regulatory framework and trade statistics.

Additionally, we have provided a glimpse of the global predictive analytics market.

This hints towards a high growth rate for cloud based text analytics software during the forecast period which is expected to account for almost 80% of the global text analytics market share in 2025.Global text analytics share, by deployment type, 2025 (%)Semantic technology in text analytics helps to derive meaning from data, including text, speech and other forms of data.

Semantic technology uses linguistic analysis to find contextual relationships between words, meanings, tenses & genders.

Hence, statistical and machine learning algorithms in text analytics help in fraud detection and detect activities such as money laundering, credit card frauds and others.IBM, Medallia, Micro Focus, Qualtrics, SAS, Clarabridge, Lexalytics and OpenText are the leading players present within the global text analytics market.

According to a new market research report "Text Analytics Market by Component (Software, Services), Application (Customer Experience Management, Marketing Management, Governance, Risk, and Compliance Management), Deployment Model, Organization Size, Industry Vertical, Region - Global Forecast to 2022", published by MarketsandMarkets™, the text analytics market from $4.0 billion in 2017 to $8.8 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period.Use of text analytics for brand building and developing cross-sell/upsell strategies are expected to drive the market.

A cloud server for text analytics means less storage space and reduced maintenance cost.

Moreover, cloud-based text analytics solutions are gaining traction among small and medium-sized enterprises, as most of the firms are swiftly transforming from brick to click models.

The extent of demand for the services depends on the complexity of the operations and their level of integration with the existing systems.

System deployment and integration are one of the major services, as the text analytics solutions must be integrated, and therefore, it requires the right level of connectors and back-end integration capabilities.

Some of the other uses of services include sentiment analysis, text summarization, document classification, entity extraction, themes discovery, keyword analysis, citation detection, slang detection, and language detection.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=253879369North America to constitute the highest market share during the forecast periodIn terms of market share, North America is expected to continue its dominance throughout the forecast period.

Esticast Research & Consulting adds a new research report titled, ‘Global Text Analytics Market’ to its huge database of research reports.

It is a cost effective solution that helps organization to identify, sort, and have an insight into the scattered data holding a wealth of information.For Better Understanding, Try Sample PDF Brochure of Report (including full TOC, Tables and Figures) @ https://www.esticastresearch.com/report/text-analytics-market/#request-for-sampleThe Global Text Analytics Market report offers an in-depth analysis of the global market taking into account segmentation, market dynamics, competitive landscape, geographical analysis, and many other key aspects.

The domain experts who have planned the report have thoroughly studied the global Text Analytics market and have catered reliable and accurate data.They recognize the needs of the industry and the clients, which makes it simple for them to focus on the aspects, which the clients have been looking for.

The research report comprises of an analysis of an evaluation of the existing and upcoming trends that companies can invest in.

Furthermore, it also includes an assessment of the financial outlooks of the players and explains the scenario of the competition.Research MethodologyThe research methodology of the market is based on both primary as well as secondary research data sources.

It commits different factors affecting Text Analytics industry such as market environment, different policies of the government, historical data and market trends, technological advancements, forthcoming innovations, market risk factors, market restraints, and obstacles in the industry.Competitive Landscape:The key players' profile in the report includesAttensity Inc.Microsoft CorporationStatistical Analysis SystemInternational Business Machine (IBM)SAPHewlett Packard (HP)OracleTableau SoftwareClarabridgeTibco SoftwareThe key player’s major focus is on product innovations and technologies that improve shelf life and efficiency.

Global Text Analytics Market was valued US$ 2.95 Bn in 2017 and is estimated to reach US$ 10.39 Bn by 2026 at a CAGR of 17.04%.Global text analytics market is segmented into component, application, deployment, end user, and region.

Based on application, the text analytics market is classified into workforce management, customer experience management, marketing management, documentation management, and risk compliance management.

In terms of deployment, the text analytics market is divided into on-premise and cloud.

Cloud is lead the market in forecast period due to less storage space and reduce maintenance cost.Request a Report Sample with Toc and figures to click here: http://marketgrowthanalysis.com/reports/sample/396Rising usage of social media such as Facebook, inclination towards cloud for data storage, ability to manage risk, plan effective marketing for companies, and club fraud will boost the market of text analytics at same time lack of awareness about software handling, high deployment cost, and insecurity act as restrains to the market.North America is holding the largest share of the market text analytics followed by Europe, Asia Pacific, Latin America, and Middle East Africa.

In North America rising the numbers of text analytics vendors and adoptions of new technologies will boost the market.Key player’s studies, analyzed, profiled and benchmarked in text analytics market are SAP SE, IBM Corporation, SAS Institute, Inc., OpenText Corporation, Clarabridge, Meghaputer Intelligence, Luminoso Technologies, MeaningCloud LLC, KNIME.com AG, Infegy, Bitext Innovations S.L., Averbis, HP, Jive, Kana, Lexalytics, Listenlogic, Lithium, Netbase solution, Networked insights, Sysomos, Unmetric, Conversation, Confirmit, Averbis, Microsoft, Hewlett-Packard Development Company, L.P., Attensity Inc., TIBCO Software Inc., Tableau Software, and Collective Intellect.Scope of Global Text Analytics Market:Request for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/396Global Text Analytics Market, by Component:SoftwareServicesGlobal Text Analytics Market, by Application:Workforce managementCustomer experience managementMarketing managementDocumentation managementRisk compliance managementGlobal Text Analytics Market, by Deployment:CloudOn-premiseGlobal Text Analytics Market, by End User:Retail e-commerceGovernmentIT TelecommunicationBFSIManufacturingEnergy utilitiesTravelHospitalsOthersGlobal Text Analytics Market, by Region:North AmericaEuropeAsia PacificMiddle East AfricaLatin AmericaKey Players in Global Text Analytics Market:SAP SEIBM CorporationSAS InstituteInc.OpenText CorporationClarabridgeMeghaputer IntelligenceLuminoso TechnologiesMeaningCloud LLCKNIME.com AGInfegy, Bitext Innovations S.L.Averbis, HPJiveKanaLexalyticsListenlogicLithiumNetbase solutionNetworked insightsSysomosUnmetricConversitionConfirmitAverbisMicrosoftHewlett-Packard Development CompanyL.P.Attensity Inc.TIBCO Software Inc.Tableau SoftwareCollective intellect.Browse more detail information about this report visit at: http://marketgrowthanalysis.com/global-text-analytics-marketAbout Us:Market Growth Analysis is one of the leading digital services provider and a result-oriented company based in Canada.

We are a team of enthusiastic-driven individuals with top notch skills in SEO , Market research.

The global Text Analytics Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.

Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the Text Analytics include  Brandwatch, IBM Corporation, SAS, Kana, HP, Jive, Lithium, Kana, Listenlogic, Lexalytics, Netbase solution, Sysomos, Networked insights, Unmetric, Conversation, and Collective intellect..

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Text Analytics Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/text-analytics-market/download-sampleMarket SegmentationThe broad Text Analytics has been sub-grouped into the Component, Deployment Model, Application and Region.

The report studies these subsets with respect to the geographical segmentation.

The strategists can gain a detailed insight and devise appropriate strategies to target specific market.

Market HighlightsIn this rapidly changing world of technology, text analytics market will drive the growth prospects during the forecast period.

In addition to this, organizations are adopting text analytics solutions in order to gain insights from the data spread over the internet and also to determine the impact of existing strategies of the companies and is expected to be a major factor for the growth of text analytics market.The text analytics market is growing rapidly over 17% of CAGR and is expected to reach at approx.

USD 9 billion by the end of forecast period.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2989Key Players The prominent players in text analytics market are – SAP SE (Germany), IBM Corporation (US), SAS Institute, Inc. (US), OpenText Corporation (Canada), Clarabridge, Inc. (US), Megaputer Intelligence, Inc. (US), Luminoso Technologies, Inc. (US), MeaningCloud LLC (US), KNIME.com AG (Switzerland), Infegy, Inc. (US), Lexalytics, Inc. (US), Averbis (Germany), Bitext Innovations S.L.

By vertical segmentation, IT and telecommunication sector is estimated to drive market share of text analytics market.

For achieving improvement in visibility in market trends and core operations, these upcoming industries are expected to incorporate increased number of text analytics solutions.Market Research Analysis:The global text analytics market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America.

In the global text analytics market, Asia Pacific is anticipated to witness relatively faster adoption and hence the growth rate as compared with other regions.

The report titled, Text Analytics Market published by MarketsandMarkets™ would help to give strategic overview of Text Analytics Market Industry growth and continue to drive by presence of prominent players across the globe.According to a new market research report "Text Analytics Market by Component (Software, Services), Application (Customer Experience Management, Marketing Management, Governance, Risk and Compliance Management), Deployment Model, Organization Size, Industry Vertical, Region - Global Forecast to 2022" published by MarketsandMarkets™, the Text Analytics Market expected to grow from USD 3.97 Billion in 2017 to USD 8.79 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.2%.The key forces driving the Text Analytics Market include growing need for social media analytics, predictive analytics for businesses, and the need for customized and industry-specific applications.

Browse in-depth TOC on "Text Analytics Market”71- Tables65- Figures 155- PagesAsk for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=253879369 “Cloud-based text analytics solutions are expected to gain the maximum traction during the forecast period.”The cloud deployment market share is expected to increase rapidly since most of the firms are swiftly transforming themselves from brick to click models.

A cloud server for text analytics means less storage space and reduced maintenance cost.

Cloud-based text analytics solutions are gaining traction among Small and Medium-sized Enterprises (SMEs) as SMEs face the challenge of affordability of the infrastructure required for an on-premises implementation.“The text analytics software component is expected to contribute the largest market share in 2017.”Among components, text analytics software is expected to continue its dominance throughout the forecast period.

Early adoption of new and emerging technologies and large numbers of text analytics vendors in the region would help consolidate the majority of revenues in the market.

Growing technology expenditures in countries such as China and India and the demand for cost-effective analytical software and services among SMEs are expected to drive the market growth during the forecast period.Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=253879369The major vendors providing text analytics software and services are SAP SE (Walldorf, Germany), IBM Corporation (New York, US), SAS Institute, Inc. (North Carolina, US), OpenText Corporation (Ontario, Canada), Clarabridge, Inc. (Virginia, US), Megaputer Intelligence, Inc. (Indiana, US), Luminoso Technologies, Inc. (Massachusetts, US), MeaningCloud LLC (New York, US), KNIME.com AG (Zurich, Switzerland), Infegy, Inc. (Missouri, US), Lexalytics, Inc. (Massachusetts, US), Bitext Innovations S.L.

Market SummaryMarket Research Future (MRFR), in its research study, emphasizes that the Text Analytics Market 2020 is projected to rise exponentially over the review period, ensuring significant market valuation of USD 9 Billion by 2023,  and a healthy 17% CAGR over the review period.Drivers and RestraintsThe need for a market for text analytics is increasingly rising on a global platform.

The factors fueling the development of the market for text analytics are a growing need for social media analysis, effective brand building and a rapidly increasing big data market.

Due to its multidisciplinary application including multiple domains such as e-commerce, IT, telecommunications, government , healthcare, BSFI, and others, the inclination to adopt text analytics drives the global text analytics market largely.

Text analytics beneficial aspects such as market research, competitive intelligence, brand-reputation management, customer service and support and others are acting as demand creators for text analytics in the global market.The omnipresent availability of unstructured data in the form of online news, forums, tweets and others drives the market for text analytics that has competitive advantages for the companies.

During the forecast period, the growing demand for actionable insights derived from real-time data analysis that are used in tactical approaches for business growth is projected to propel the expansion of the global text analysis market.On the other hand, the increasing availability of data analytics software, high costs and lack of awareness among stakeholders as text analytics is an emerging technology that is likely to act as constraints on the global text analysis market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2989Segmental AnalysisThe text analytics market has been analyzed on the basis of components, deployment, application, and vertical.Based on component, the text analytics market is bifurcated into software and services.

The services segment comprises managed services and professional services.On the basis of application, the text analytics market is segmented into marketing management, workforce management customer experience management, documentation management, along with risk and compliance management.Based on deployment, the text analytics market is bifurcated into on-premise and cloud.

Global Text Analytics Market was valued US$ 2.95 Bn in 2017 and is estimated to reach US$ 10.39 Bn by 2026 at a CAGR of 17.04%.Global text analytics market is segmented into component, application, deployment, end user, and region.

Based on application, the text analytics market is classified into workforce management, customer experience management, marketing management, documentation management, and risk compliance management.

Customer experience management segment estimated to hold the largest share of the market in the forecast period.

In terms of deployment, the text analytics market is divided into on-premise and cloud.

Cloud is lead the market in forecast period due to less storage space and reduce maintenance cost.Rising usage of social media such as Facebook, inclination towards cloud for data storage, ability to manage risk, plan effective marketing for companies, and club fraud will boost the market of text analytics at same time lack of awareness about software handling, high deployment cost, and insecurity act as restrains to the market.North America is holding the largest share of the market text analytics followed by Europe, Asia Pacific, Latin America, and Middle East Africa.

In North America rising the numbers of text analytics vendors and adoptions of new technologies will boost the market.Request for Sample with Complete TOC and Figures & Graphs @ https://www.trendsmarketresearch.com/report/sample/10315 Key player’s studies, analyzed, profiled and benchmarked in text analytics market are SAP SE, IBM Corporation, SAS Institute, Inc., OpenText Corporation, Clarabridge, Meghaputer Intelligence, Luminoso Technologies, MeaningCloud LLC, KNIME.com AG, Infegy, Bitext Innovations S.L., Averbis, HP, Jive, Kana, Lexalytics, Listenlogic, Lithium, Netbase solution, Networked insights, Sysomos, Unmetric, Conversation, Confirmit, Averbis, Microsoft, Hewlett-Packard Development Company, L.P., Attensity Inc., TIBCO Software Inc., Tableau Software, and Collective Intellect.Scope of Global Text Analytics Market:Global Text Analytics Market, by Component:SoftwareServicesGlobal Text Analytics Market, by Application:Workforce managementCustomer experience managementMarketing managementDocumentation managementRisk compliance managementGlobal Text Analytics Market, by Deployment:CloudOn-premiseGlobal Text Analytics Market, by End User:Retail e-commerceGovernmentIT TelecommunicationBFSIManufacturingEnergy utilitiesTravelHospitalsOthersGlobal Text Analytics Market, by Region:North AmericaEuropeAsia PacificMiddle East AfricaLatin AmericaDirect Purchase this Market Research Report Now @ https://www.trendsmarketresearch.com/checkout/10315/Single Key Players in Global Text Analytics Market:SAP SEIBM CorporationSAS InstituteInc.OpenText CorporationClarabridgeMeghaputer IntelligenceLuminoso TechnologiesMeaningCloud LLCKNIME.com AGInfegy, Bitext Innovations S.L.Averbis, HPJiveKanaLexalyticsListenlogicLithiumNetbase solutionNetworked insightsSysomosUnmetricConversitionConfirmitAverbisMicrosoftHewlett-Packard Development CompanyL.P.Attensity Inc.TIBCO Software Inc.Tableau SoftwareCollective intellect.