Text Analytics Market

This report covers a sub-market in this field - the Text Analytics Market by component in detail, segmenting the market as software and services. Further services are segmented into managed services and professional services. The sub segment professional services are further divided into support and maintenance, consulting services, system integration and deployment. Application segment includes marketing management, customer experience management, governance, risk and compliance management, document management, workforce management and others.

The scope of the report covers text analytics deployment mode which includes on-premises and cloud. It provides in-sights on organization size that segregates into SME’s and large enterprises. Vertical segment is further sub segmented into BFSI, IT & telecommunication, retail and ecommerce, healthcare and life sciences, manufacturing, government and defense, energy & utilities, media & entertainment, travel & hospitality and others. Lastly, the Text Analytics Market is segmented by geography across North America, Europe, Asia-Pacific (APAC), ROW (Rest of the World) and regional market further sub-segmented by countries.

The report deals with all the driving factors, opportunities, and challenges with respect to the global Text Analytics Market, which are helpful in identifying trends and key success factors for the industry. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long term landscapes. The report also includes qualitative analysis on the market, by incorporating complete analysis of industry value chain, funding and investments, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report profiles all major companies active in this field. This report provides the competitive landscape of the key players, which covers all key growth strategies. Moreover,the report formulates the entire value chain of the market, along with industry trends of sports analytics with emphasis on market timelines & technology roadmaps, market and product life cycle analysis.

Text Analytics Market Size

Report	Details
Market Size Value	USD 3.39 billion in 2024
Market Size Value	USD 11.91 billion by 2034
CAGR	17.00%
Forecast Period	2024-2032
Base Year	2023
Historic Data	2020

Major players in Text Analytics Market  include Amazon Web Services (AWS), Altair Engineering, Inc. (Angoss Software Corporation), Basis Technology, Bitext Innovations SL., Brandwatch, Clarabridge, IBM Corporation, Interactions LLC, Jive Software (Aurea, Inc.), Khoros, LLC, Lexalytics, Inc., Luminoso Technologies, Inc., Medallia, Inc., Megaputer Intelligence, Inc., Micro Focus LLC, Microsoft Corporation, Netbase Solutions, OpenText Corporation, RapidMiner Inc., SAP SE , SAS Institute Inc., Unimetric, and Verint Systems, Inc. and among others.

The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the market revenues to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study.

Market Analysis and Insights: Text Analytics Market Analysis & Insights

Text Analytics Market Scope and Market Size

The key deliverables of this report are market statistics with detailed classifications and splits by revenue. Text Analytics Market revenues segmented by component, application, deployment mode, organization size, vertical and region. Players, stakeholders, and other participants in the global Text Analytics Market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis technology, service type, application, deployment mode, end user, vertical focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.Detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and company rankings.

Report further studies the market development status and future and Text Analytics Market trend across the world. Also, it splits Text Analytics Market segmentation by component, application, deployment mode, organization size, vertical and region to deep dive research and reveals market profile and prospects.

Major Classifications are as follows:

By Component

• Software
• Services
  • Managed Services
  • Professional Services
    • Support and Maintenance
    • Consulting Services
    • System Integration And Deployment

By Application

• Marketing Management
• Customer Experience Management
• Governance, risk and Compliance Management
• Document Management
• Workforce Management
• Others

By Deployment Mode

• On-Premises
• Cloud

By Organization Size

• SME’s
• Large Enterprises

By Vertical

• BFSI
• IT & Telecommunication
• Retail and Ecommerce
• Healthcare and Life Sciences
• Manufacturing
• Government and Defense
• Energy & Utilities
• Media & Entertainment
• Travel & Hospitality
• Others

By Region

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • Franc
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of APAC
• Rest of the World (RoW)
  • Middle East
  • Africa
  • South America

Reason to purchase this Report:

• Determine prospective investment areas based on a detailed trend analysis of the global Text Analytics Market over the next years.
• Gain an in-depth understanding of the underlying factors driving demand for different and Text Analytics Market segments in the top spending countries across the world and identify the opportunities offered by each of them.
• Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels that are driving the global Text Analytics Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Text Analytics Market.
• Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Text Analytics Market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.