Text Analytics Market To Witness Astonishing Growth With OpenText, Clarabridge, MeaningCloud
The latest study released on the Global Text Analytics Market by AMA Research evaluates market size, trend, and forecast to 2027. The Text Analytics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
SAP SE (Germany), International Business Machines Corporation (United States), SAS Institute, Inc. (United States), OpenText Corporation (Canada), Clarabridge, Inc. (United States), Megaputer Intelligence, Inc. (United States), Luminoso Technologies, Inc. (United States), MeaningCloud LLC (United States), KNIME.com AG (Switzerland), Infegy, Inc.(United States)
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Definition:
Text analytics is a process of analyzing the text content in emails, blogs, tweets, forums, and other forms of textual communication. Text Analytics is the process of discovering new, previously unknown information, by automatically extracting information from different written resources. The growing popularity of text analytics technology is attributed to the rising acceptance of social media platforms and a growing inclination towards cloud technology for data storage.
Market Trends:
Growing Demand for Sentiment Analysis
Inclination towards Virtual Workplace and Demand for Personalized Services
Market Drivers:
Growing Demand for Social Media Analytics
Increasing Use of Business Intelligence Tools
Proliferation of Cloud Computing Technology
Market Opportunities:
Enhancing Customer Service and Competitive Intelligence
Rising Significance of Big Data and IoT in Analytics Market
The Global Text Analytics Market segments and Market Data Break Down are illuminated below:
by Type (Software (Customer Intelligence, Customer Relationship Management (CRM), Fraud Detection Governance, Risk and Compliance (GRC) Management), Service (Professional Services, Managed Services)), Application (Customer Experience Management, Marketing Management, Governance, Risk and Compliance Management), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), Industry Vertical (BFSI, Retail, Government & Defense, Healthcare, IT & Telecom, Travel & Hospitality, Media & Advertising), Deployment Model (On-premise, Cloud)
Global Text Analytics market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- -To carefully analyze and forecast the size of the Text Analytics market by value and volume.
- -To estimate the market shares of major segments of the Text Analytics
- -To showcase the development of the Text Analytics market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Text Analytics market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Text Analytics
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Text Analytics market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Text Analytics Market Study Coverage:
- It includes major manufacturers, emerging player’s growth story, and major business segments of Text Analytics market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Text Analytics Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Text Analytics Market Production by Region Text Analytics Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Text Analytics Market Report:
- Text Analytics Overview, Definition and Classification Market drivers and barriers
- Text Analytics Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Text Analytics Market
- Text Analytics Capacity, Production, Revenue (Value) by Region (2021-2027)
- Text Analytics Supply (Production), Consumption, Export, Import by Region (2021-2027)
- Text Analytics Production, Revenue (Value), Price Trend by Type {Software (Customer Intelligence, Customer Relationship Management (CRM), Fraud Detection Governance, Risk and Compliance (GRC) Management), Service (Professional Services, Managed Services)}
- Text Analytics Market Analysis by Application {Customer Experience Management, Marketing Management, Governance, Risk and Compliance Management,}
- Text Analytics Manufacturers Profiles/Analysis Text Analytics Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
- How feasible is Text Analytics market for long-term investment?
- What are influencing factors driving the demand for Text Analytics near future?
- What is the impact analysis of various factors in the Global Text Analytics market growth?
- What are the recent trends in the regional market and how successful they are?
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