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The text analytics market is forecasted to grow by USD 18.08 billion during 2023-2028, accelerating at a CAGR of 22.58% during the forecast period. The report on the text analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by popularity of soa among end-users, need to improve business efficiency, and need to analyze large volumes of unstructured data.
The text analytics market is segmented as below:
By Deployment
- Cloud
- On-premises
By Component
- Software
- Services
By Geography
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the text analytics market covers the following areas:
- Text analytics market sizing
- Text analytics market forecast
- Text analytics market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global text analytics market: Alphabet Inc., Averbis GmbH, Bitext Innovations SL, Forsta AS, Infegy, InMoment Inc., International Business Machines Corp., KNIME AG, Luminoso Technologies Inc., MeaningCloud LLC, Megaputer Intelligence Inc., Microsoft Corp., NICE Ltd., OpenText Corp., Oracle Corp., Qualtrics LLC, SAP SE, SAS Institute Inc., and TIBCO Software Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of advanced text analytical tools."
According to the report, one of the major drivers for this market is the popularity of soa among end-users.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabet Inc.
- Averbis GmbH
- Bitext Innovations SL
- Forsta AS
- Infegy
- InMoment Inc.
- International Business Machines Corp.
- KNIME AG
- Luminoso Technologies Inc.
- MeaningCloud LLC
- Megaputer Intelligence Inc.
- Microsoft Corp.
- NICE Ltd.
- OpenText Corp.
- Oracle Corp.
- Qualtrics LLC
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.