Text Analytics Market 2019 with Focus on Opportunities, Challenges and Growth Factors 2023

Market Highlights

In this rapidly changing world of technology, text analytics market will drive the growth prospects during the forecast period. This can be attributed to the growing popularity and acceptance of social media platforms and the inclination towards effective data analysis.

As compared to other regions, the Text Analytics Market in North America is expected to witness significantly healthy growth. In North America, U.S. and Canada are anticipated to drive the growth of text analytics market. This is owing to the presence of large number of established players of text analytics market. 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.

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Key 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.(Spain) among others.

Intended Audience

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original manufacturers (OEMs)
  • Research/Consultancy firms
  • Text analytics service vendors
  • System integrators
  • IT developers
  • Third party vendors
  • Network operators
  • Infrastructure provider
  • Government
  • Regulatory and compliance agencies

Text Analytics Market Segmentation

The text analytics market has been segmented on the basis of component, application, deployment and vertical. 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. Within Asia Pacific, customer experience management segment is projected to contribute the faster share growth. Furthermore, text analytics is implemented to offer quick, computerized feedback to the clients, which reduces dependency for resolving issues on executives. North America is rapidly deploying the text analytics solution due to the dynamic market environment. It holds the largest market share of the overall insurance market. Early adoption of new and emerging technologies and large numbers of text analytics vendors in the region is responsible for driving the majority of revenues in the market

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of text analytics market. In Europe, the advancements in technology and growing social media analysis for brand building; and the growing need of organizations to analyze the preferences of customers, among others, are the key factors driving the growth of text analytics market.

Text analytics market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth during the forecast period.

Text analytics market in Middle East and Africa occupies a relatively smaller pie of the global digital impression system market. Within Middle East and Africa counties including UAE, South Africa and Saudi are driving the growth.

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TABLE OF CONTENTS

LIST OF TABLES

Table 1 Text Analytics Market, By Component

Table 2 Text Analytics Market, By Application

Table 3 Text Analytics Market, By Deployment

Table 4 Text Analytics Market, By Vertical

Table 5 Text Analytics Market, By Regions

Table 6 North America Text Analytics Market, By Component

Table 7 North America Text Analytics Market, By Application

Table 8 North America Text Analytics Market, By Deployment

Table 9 North America Text Analytics Market, By Vertical

Table 10 U.S. Text Analytics Market, By Component

Table 11 U.S. Text Analytics Market, By Application

Table 12 U.S. Text Analytics Market, By Deployment

Table 13 U.S. Text Analytics Market, By Vertical

Table 14 Canada Text Analytics Market, By Component

Table 15 Canada Text Analytics Market, By Application

Table 16 Canada Text Analytics Market, By Deployment

Table 17 Canada Text Analytics Market, By Vertical

Table 18 Germany Text Analytics Market, By Component

Table 19 Germany Text Analytics Market, By Application

Table 20 Germany Text Analytics Market, By Deployment

Table 21 Germany Text Analytics Market, By Vertical

Table 22 U.K. Text Analytics Market, By Component

Table 23 U.K. Text Analytics Market, By Application

Continued…

Know More about this Report @ https://www.marketwatch.com/press-release/text-analytics-market-2018-global-size-share-trends-business-growth-sales-revenue-competitive-landscape-opportunity-assessment-and-comprehensive-research-study-till-2023-2018-09-12

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

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Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Text Analytics Market Research Depth Study with Opportunity Assessment for the Period of 2018-2023

Market Highlights

In this rapidly changing world of technology, text analytics market will drive the growth prospects during the forecast period. This can be attributed to the growing popularity and acceptance of social media platforms and the inclination towards effective data analysis.

As compared to other regions, the Text Analytics Market in North America is expected to witness significantly healthy growth. In North America, U.S. and Canada are anticipated to drive the growth of text analytics market. This is owing to the presence of large number of established players of text analytics market. 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/2989

Key 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.(Spain) among others.

Text Analytics Market Segmentation

The text analytics market has been segmented on the basis of component, application, deployment and vertical. 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. Within Asia Pacific, customer experience management segment is projected to contribute the faster share growth. Furthermore, text analytics is implemented to offer quick, computerized feedback to the clients, which reduces dependency for resolving issues on executives. North America is rapidly deploying the text analytics solution due to the dynamic market environment. It holds the largest market share of the overall insurance market. Early adoption of new and emerging technologies and large numbers of text analytics vendors in the region is responsible for driving the majority of revenues in the market

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of text analytics market. In Europe, the advancements in technology and growing social media analysis for brand building; and the growing need of organizations to analyze the preferences of customers, among others, are the key factors driving the growth of text analytics market.

Text analytics market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth during the forecast period.

Text analytics market in Middle East and Africa occupies a relatively smaller pie of the global digital impression system market. Within Middle East and Africa counties including UAE, South Africa and Saudi are driving the growth.

Intended Audience

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original manufacturers (OEMs)
  • Research/Consultancy firms
  • Text analytics service vendors
  • System integrators
  • IT developers
  • Third party vendors
  • Network operators
  • Infrastructure provider
  • Government
  • Regulatory and compliance agencies

Get complete Report @ https://www.marketresearchfuture.com/reports/text-analytics-market-2989

TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Type

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

3.5 Market Restraints

4 Executive Summary

  1. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

6 Text Analytics Market, By Segments

6.1 Introduction

6.2 Market Statistics

6.2.1 By Component

6.2.1.1 Software

6.2.1.2 Services

Continued…

Know More about this Report @ https://www.marketresearchfuture.com/press-release/global-text-analytics-market

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Text Analytics Market Size, Revenue, Growth Rate Analysis and Forecast 2023

Market Scenario:

Text analytics is basically retrieving of high quality information from already available text sources. It is also referred to as text data mining. It is used for various purposes such as classification, summarization and to make unstructured data accessible and useful. The need for text analytics market is increasing rapidly on a global platform. The factors driving the growth of text analytics market are increasing need for social media analysis, effective brand building and rapidly increasing big data market.

The Text Analytics Market is segmented on the basis of component, application, deployment and industry vertical. Based on application, the customer experience management segment is expected to hold the largest market share during the forecast period. Text mining is frequently utilized to improve customer experience through various information sources and is one of the traditional methods in customer service. Implementation of text analytics offers quick and computerized feedback to clients, which helps in reducing the dependency on executives for resolving issues.

The global text analytics market is expected to grow at approx. USD 9 Billion by 2023, at 17% of CAGR between 2017 and 2023.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2989

Key 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.(Spain) among others.

Segments:

Text analytics market can be segmented on the basis of following:

By Component:

  • Software
  • Services
  • Managed Services
  • Professional Services

By Application:

  • Documentation Management
  • Workforce Management
  • Customer Experience Management
  • Marketing Management
  • Risk And Compliance Management

By Deployment:

  • Cloud
  • On premise

By Vertical:

  • BFSI
  • Retail And E-Commerce
  • Government
  • IT and Telecommunications
  • Manufacturing
  • Energy And Utilities
  • Travel And Hospitality

Regional Analysis

The regional analysis of text analytics market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. During the forecast period, North America region will witness significant competition from the Europe region owing to rapid growth of mobile technology and increasing population on social media platforms.

Get complete Report @ https://www.marketresearchfuture.com/reports/text-analytics-market-2989

Intended Audience

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original manufacturers (OEMs)
  • Research/Consultancy firms
  • Text analytics service vendors
  • System integrators
  • IT developers
  • Third party vendors
  • Network operators
  • Infrastructure provider
  • Government
  • Regulatory and compliance agencies

TABLE OF CONTENTS

List Of Tables

Table 1 Text Analytics Market, By Component

Table 2 Text Analytics Market, By Application

Table 3 Text Analytics Market, By Deployment

Table 4 Text Analytics Market, By Vertical

Table 5 Text Analytics Market, By Regions

Table 6 North America Text Analytics Market, By Component

Table 7 North America Text Analytics Market, By Application

Table 8 North America Text Analytics Market, By Deployment

Table 9 North America Text Analytics Market, By Vertical

Table 10 U.S. Text Analytics Market, By Component

Table 11 U.S. Text Analytics Market, By Application

Table 12 U.S. Text Analytics Market, By Deployment

Table 13 U.S. Text Analytics Market, By Vertical

Table 14 Canada Text Analytics Market, By Component

Table 15 Canada Text Analytics Market, By Application

Table 16 Canada Text Analytics Market, By Deployment

Table 17 Canada Text Analytics Market, By Vertical

Table 18 Germany Text Analytics Market, By Component

Table 19 Germany Text Analytics Market, By Application

Table 20 Germany Text Analytics Market, By Deployment

Continued…

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Text Analytics Market Opportunities, Developments and Potential of Market from 2018-2023

Market Scenario:

Text analytics is basically retrieving of high quality information from already available text sources. It is also referred to as text data mining. It is used for various purposes such as classification, summarization and to make unstructured data accessible and useful. The need for text analytics market is increasing rapidly on a global platform. The factors driving the growth of text analytics market are increasing need for social media analysis, effective brand building and rapidly increasing big data market.

The Text Analytics Market is segmented on the basis of component, application, deployment and industry vertical. Based on application, the customer experience management segment is expected to hold the largest market share during the forecast period. Text mining is frequently utilized to improve customer experience through various information sources and is one of the traditional methods in customer service. Implementation of text analytics offers quick and computerized feedback to clients, which helps in reducing the dependency on executives for resolving issues.

The global text analytics market is expected to grow at approx. USD 9 Billion by 2023, at 17% of CAGR between 2017 and 2023.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2989

Key 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.(Spain) among others.

Intended Audience

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original manufacturers (OEMs)
  • Research/Consultancy firms
  • Text analytics service vendors
  • System integrators
  • IT developers
  • Third party vendors
  • Network operators
  • Infrastructure provider
  • Government
  • Regulatory and compliance agencies

Regional Analysis

The regional analysis of text analytics market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. During the forecast period, North America region will witness significant competition from the Europe region owing to rapid growth of mobile technology and increasing population on social media platforms.

Segments:

Text analytics market can be segmented on the basis of following:

By Component:

  • Software
  • Services
  • Managed Services
  • Professional Services

By Application:

  • Documentation Management
  • Workforce Management
  • Customer Experience Management
  • Marketing Management
  • Risk And Compliance Management

By Deployment:

  • Cloud
  • On premise

By Vertical:

  • BFSI
  • Retail And E-Commerce
  • Government
  • IT and Telecommunications
  • Manufacturing
  • Energy And Utilities
  • Travel And Hospitality

Get complete Report @ https://www.marketresearchfuture.com/reports/text-analytics-market-2989

Study Objective of Text Analytics Market

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Text Analytics market.
  • To provide insights about factors affecting the market growth.
  • To analyze the Text Analytics market based on porter’s five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
  • To provide country level analysis of the market with respect to the current market size and future prospective.
  • To provide country level analysis of the market for segment on the basis of region, type and application.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Text Analytics

TABLE OF CONTENTS

1    MARKET INTRODUCTION

1.1    INTRODUCTION

1.2    SCOPE OF STUDY

1.2.1    RESEARCH OBJECTIVE

1.2.2    ASSUMPTIONS

1.2.3    LIMITATIONS

1.3    MARKET STRUCTURE

2    RESEARCH METHODOLOGY

2.1    RESEARCH TYPE

2.2    PRIMARY RESEARCH

2.3    SECONDARY RESEARCH

2.4    FORECAST MODEL

2.4.1    MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2    MARKET SIZE ESTIMATION

3    MARKET DYNAMICS

3.1    INTRODUCTION

3.2    MARKET DRIVERS

3.3    MARKET CHALLENGES

3.4    MARKET OPPORTUNITIES

3.5    MARKET RESTRAINTS

4    EXECUTIVE SUMMARY

  1. MARKET FACTOR ANALYSIS

5.1    PORTER’S FIVE FORCES ANALYSIS

5.2    SUPPLY CHAIN ANALYSIS

6    TEXT ANALYTICS MARKET, BY SEGMENTS

6.1    INTRODUCTION

6.2    MARKET STATISTICS

6.2.1    BY COMPONENT

6.2.1.1    SOFTWARE

6.2.1.2    SERVICES

6.2.1.2.1    MANAGED SERVICES

6.2.1.2.2    PROFESSIONAL SERVICES

Continued…

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Text Analytics Market Trends and Analysis segmented by Applications, Future Trends and Growth Prospects to 2023

Market Scenario:

Text analytics is basically retrieving of high quality information from already available text sources. It is also referred to as text data mining. It is used for various purposes such as classification, summarization and to make unstructured data accessible and useful. The need for text analytics market is increasing rapidly on a global platform. The factors driving the growth of text analytics market are increasing need for social media analysis, effective brand building and rapidly increasing big data market.

The Text Analytics Market is segmented on the basis of component, application, deployment and industry vertical. Based on application, the customer experience management segment is expected to hold the largest market share during the forecast period. Text mining is frequently utilized to improve customer experience through various information sources and is one of the traditional methods in customer service. Implementation of text analytics offers quick and computerized feedback to clients, which helps in reducing the dependency on executives for resolving issues.

The global text analytics market is expected to grow at approx. USD 9 Billion by 2023, at 17% of CAGR between 2017 and 2023.

Key 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.(Spain) among others.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2989

Segments:

Text analytics market can be segmented on the basis of following:

By Component:

  • Software
  • Services
  • Managed Services
  • Professional Services

By Application:

  • Documentation Management
  • Workforce Management
  • Customer Experience Management
  • Marketing Management
  • Risk And Compliance Management

By Deployment:

  • Cloud
  • On premise

By Vertical:

  • BFSI
  • Retail And E-Commerce
  • Government
  • IT and Telecommunications
  • Manufacturing
  • Energy And Utilities
  • Travel And Hospitality

Regional Analysis

The regional analysis of text analytics market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. During the forecast period, North America region will witness significant competition from the Europe region owing to rapid growth of mobile technology and increasing population on social media platforms.

Study Objective of Text Analytics Market

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Text Analytics market.
  • To provide insights about factors affecting the market growth.
  • To analyze the Text Analytics market based on porter’s five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
  • To provide country level analysis of the market with respect to the current market size and future prospective.
  • To provide country level analysis of the market for segment on the basis of region, type and application.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Text Analytics

Get complete Report @ https://www.marketresearchfuture.com/reports/text-analytics-market-2989

Intended Audience

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original manufacturers (OEMs)
  • Research/Consultancy firms
  • Text analytics service vendors
  • System integrators
  • IT developers
  • Third party vendors
  • Network operators
  • Infrastructure provider
  • Government
  • Regulatory and compliance agencies

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com