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iCrowdNewswire Jan 14, 2021 3:00 PM ET

Text Analytics Market 2021 Growth, Size, Share, Trends Analysis And Forecast To 2026

iCrowd Newswire - Jan 14, 2021

Text Analytics Industry


Wiseguyreports.Com Adds “Text Analytics -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database

Text Analytics Market is accounted for $3.48 billion in 2016 and expected to grow at a CAGR of 18.1% to reach $11.19 billion by 2023. Factors like text analytics, predictive analytics for businesses and rise in highly customized and industry-specific applications are boosting the market growth. Lack of awareness, skilled workforce, and other operational challenges will impede the market growth. Furthermore, rising significance of big data and IOT in analytics market provide wider opportunity for the market to grow. 

Cloud based segment is anticipated to be the largest revenue generating market. Predictive analytics segment is expected to dominate the application segment during the forecast period. The retail and eCommerce segment, followed by the Banking, Financial Services, and Insurance (BFSI) segment, is witnessed to be the largest market during the forecast period. North America is the largest revenue generating region owing to the easy availability of text analytics solutions. Asia Pacific is projected to grow at the highest rate during the forecast period owing to growing awareness, surge in data, and increasing demand for real-time analytics. 

Some of the key players in global Text Analytics market are Attensity Inc., Averbis, Bitext Innovations S.L., Clarabridge, Inc., Hewlett-Packard Development Company, IBM Corporation, Infegy, Inc., Knime.Com AG, Lexalytics, Inc., Luminoso Technologies, Inc., Meaningcloud LLC, Megaputer Intelligence, Inc., Microsoft Corporation, OpenText Corporation, Oracle Corporation, SAP SE, SAS Institute, Inc. and TIBCO Software Inc. 

End-Users Covered: 

• Banking, Financial Services, & Insurance 
• Energy & Utilities 
• Fast Moving Consumer Goods (FMCG) 
• Government & Defense 
• Healthcare & Life Sciences 
• Manufacturing 
• Media & Entertainment 
• Retail & Ecommerce 
• Telecommunications & Information Technology 
• Travel & Hospitality 
• Other End-Users

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Applications Covered: 
• Brand reputation 
• Competitive intelligence 
• Customer relationship management (CRM) 
• Document Management 
• Fraud detection 
• Governance, Risk, and Compliance Management 
• Marketing Management 
• Predictive analytics 
• Workforce Management

Components Covered: 
• Services 
o Managed Services 
o Professional Services 
• Software

Organization Sizes Covered: 
• Small and Medium-Sized Enterprises 
• Large Enterprises

Deployment Models Covered: 
• Cloud 
• On-Premises

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o UK 
o Italy 
o France 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o South Korea 
o Rest of Asia Pacific 
• South America 
o Argentina 
o Brazil 
o Chile 
o Rest of South America 
• Middle East & Africa 
o Saudi Arabia 
o UAE 
o Qatar 
o South Africa 
o Rest of Middle East & Africa

What our report offers: 
– Market share assessments for the regional and country level segments 
– Market share analysis of the top industry players 
– Strategic recommendations for the new entrants 
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets 
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
– Strategic recommendations in key business segments based on the market estimations 
– Competitive landscaping mapping the key common trends 
– Company profiling with detailed strategies, financials, and recent developments 
– Supply chain trends mapping the latest technological advancements

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1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 End-User Application 
3.7 Application Analysis 
3.8 Emerging Markets 
3.9 Futuristic Market Scenario 

11 Key Developments 
11.1 Agreements, Partnerships, Collaborations and Joint Ventures 
11.2 Acquisitions & Mergers 
11.3 New Product Launch 
11.4 Expansions 
11.5 Other Key Strategies 

12 Company Profiling 
12.1 Attensity Inc. 
12.2 Averbis 
12.3 Bitext Innovations S.L. 
12.4 Clarabridge, Inc. 
12.5 Hewlett-Packard Development Company 
12.6 IBM Corporation 
12.7 Infegy, Inc. 
12.8 Knime.Com AG 
12.9 Lexalytics, Inc. 
12.10 Luminoso Technologies, Inc. 
12.11 Meaningcloud LLC 
12.12 Megaputer Intelligence, Inc. 
12.13 Microsoft Corporation 
12.14 OpenText Corporation 
12.15 Oracle Corporation 
12.16 SAP SE 
12.17 SAS Institute, Inc. 
12.18 TIBCO Software Inc. 

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About the Author :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

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Keywords:    Text Analytics, Text Analytics Segmentation, Text Analytics Manufacturers, Text Analytics Industry, Text Analytics Prospectus, Text Analytics Industry Trends, Text Analytics Market Share, Text Analytics Market Growth, Text Analytics , Text Analytics Indus

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