Market Overview:
The Global Text Analytics Market was valued at USD 3.31 billion in 2016 and is projected to reach USD 14.00 billion by 2025, growing at a CAGR of 17.35% from 2017 to 2025.
Text analytics is a general practice of applying algorithms or programs to text in order to analyze that text. With an iterative approach, an organization can successfully use text analytics to gain insight into content-specific values such as sentiment, emotion, intensity and relevance. Benefits of text analytics include - efficiency, unlocking hidden information and developing new knowledge, exploring new horizons, improved research and evidence base, and improving the research process and quality.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing usage of big data and IoT in analytics market
1.2 Increasing need for social; media analytics
1.3 Rising usage of predictive analytics for business
1.4 Increasing highly customized and industry specific applications
1.5 Increasing need for enhancing customer service and competitive intelligence
2. Market Restraints
2.1 Concerns for data privacy and security
2.2 Having consistent business semantics and interpretations
2.3 Lack of technical expertise and other operational challenges
Market Segmentation:
The Global Text Analytics Market is segmented on the application, organization size, component, deployment model, vertical, and region.
1. By Application:
1.1 Customer experience management
1.2 Marketing management
1.3 Workforce management
1.4 Governance, risk, and compliance management
1.5 Document management
1.6 Others
2. Organization Size:
2.1 Large Enterprises
2.2 Small and Medium Organizations
3. By Component:
3.1 Software
3.2 Services
3.2.1 Managed services
3.2.2 Professional services
3.2.2.1 Support and maintenance services
3.2.2.2 System integration and deployment
3.2.2.3 Consulting services
4. By Deployment Mode:
4.1 Cloud-based
4.2 On-premises
5. By Vertical:
5.1 Healthcare
5.2 Government and Defense
5.3 IT and Telecom
5.4 Banking, Financial Services, and Insurance (BFSI)
5.5 Travel and Hospitality
5.6 Retail and e-commerce
5.7 Media and Entertainment
5.8 Others
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. SAP SE
3. Opentext Corporation
4. SAS Institute, Inc.
5. Clarabridge, Inc.
6. Bitext Innovations S.L
7. Knime.Com AG
8. Luminoso Technologies, Inc.
9. Meaningcloud LLC
10. Infegy, Inc.
11. Averbis
12. Lexalytics, Inc.
13. Megaputer Intelligence, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Text Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
INTRODUCTION OF GLOBAL TEXT ANALYTICS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL TEXT ANALYTICS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL TEXT ANALYTICS MARKET BY APPLICATION
5.1 Customer experience management
5.2 Marketing management
5.3 Workforce management
5.4 Governance, risk, and compliance management
5.5 Document management
5.6 Others
6 GLOBAL TEXT ANALYTICS MARKET BY ORGANIZATION SIZE
6.1 Large Enterprises
6.2 Small and Medium Organizations
7 GLOBAL TEXT ANALYTICS MARKET BY COMPONENT
7.1 Software
7.2 Services
7.2.1 Managed services
7.2.2 Professional services
7.2.2.1 Support and maintenance services
7.2.2.2 System integration and deployment
7.2.2.3 Consulting services
8 GLOBAL TEXT ANALYTICS MARKET BY DEPLOYMENT MODE
8.1 Cloud-based
8.2 On-premises
9 GLOBAL TEXT ANALYTICS MARKET BY VERTICAL
9.1 Healthcare
9.2 Government and Defense
9.3 IT and Telecom
9.4 Banking, Financial Services, and Insurance (BFSI)
9.5 Travel and Hospitality
9.6 Retail and e-commerce
9.7 Media and Entertainment
9.8 Others
10 GLOBAL TEXT ANALYTICS MARKET, BY GEOGRAPHY
10.1 Overview
10.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
10.3.1 Germany
10.3.2 U.K.
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
10.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
10.5.1 Brazil
10.5.2 Argentina
10.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025
11 GLOBAL TEXT ANALYTICS MARKET COMPETITIVE LANDSCAPE
11.1 Overview
11.2 Company Market Share
11.3 Vendor Landscape
11.4 Key Development Strategies
12 COMPANY PROFILES
12.1 IBM Corporation
12.1.1 Overview
12.1.2 Financial Performance
12.1.3 Product Outlook
12.1.4 Key Developments
12.2 SAP SE
12.2.1 Overview
12.2.2 Financial Performance
12.2.3 Product Outlook
12.2.4 Key Developments
12.3 Opentext Corporation
12.3.1 Overview
12.3.2 Financial Performance
12.3.3 Product Outlook
12.3.4 Key Developments
12.4 SAS Institute, Inc.
12.4.1 Overview
12.4.2 Financial Performance
12.4.3 Product Outlook
12.4.4 Key Developments
12.5 Clarabridge, Inc.
12.5.1 Overview
12.5.2 Financial Performance
12.5.3 Product Outlook
12.5.4 Key Developments
12.6 Bitext Innovations S.L
12.6.1 Overview
12.6.2 Financial Performance
12.6.3 Product Outlook
12.6.4 Key Developments
12.7 Knime.Com AG
12.7.1 Overview
12.7.2 Financial Performance
12.7.3 Product Outlook
12.7.4 Key Developments
12.8 Luminoso Technologies, Inc.
12.8.1 Overview
12.8.2 Financial Performance
12.8.3 Product Outlook
12.8.4 Key Developments
12.9 Meaningcloud LLC
12.9.1 Overview
12.9.2 Financial Performance
12.9.3 Product Outlook
12.9.4 Key Developments
12.10 Infegy, Inc.
12.10.1 Overview
12.10.2 Financial Performance
12.10.3 Product Outlook
12.10.4 Key Developments
12.11 Averbis
12.11.1 Overview
12.11.2 Financial Performance
12.11.3 Product Outlook
12.11.4 Key Developments
12.12 Lexalytics, Inc.
12.12.1 Overview
12.12.2 Financial Performance
12.12.3 Product Outlook
12.12.4 Key Developments
12.13 Megaputer Intelligence, Inc.
12.13.1 Overview
12.13.2 Financial Performance
12.13.3 Product Outlook
12.13.4 Key Developments
13 Appendix
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