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Global Text Analytics Market Forecast 2018-2026

Global Text Analytics Market Forecast 2018-2026

KEY FINDINGS

The global text analytics market is predicted to grow at a CAGR of 17.44% during the forecast period of 2018-2026. The major factors contributing to this market growth are increasing industry-specific applications of the market and monetization of social media analytics.

MARKET INSIGHTS

The market is segmented by the type of application, technology, deployment, and end-user. Application types covers predictive analysis, customer relationship management (CRM), competitive intelligence, brand reputation, fraud detection, etc. Technology is further segmented into text clustering, descriptive data analysis, web mining and predictive analysis. The market for the Predictive Analysis is anticipated to be the fastest growing market in the coming years as compared to other technological types. However, at present, the descriptive data analysis market is dominating the market scene. The deployment types include cloud and on-premise deployment. End users cover areas like banking, financial services & insurance (BFSI), government, retail, healthcare & pharmaceuticals, telecommunication, FMCG, etc.

REGIONAL INSIGHTS

Geographically, the global text analytics market is divided into North America, Europe, Asia Pacific and rest of the world. In 2017, the North American market accounted for the highest market share. Factors like the well-established cloud management technology and booming E-commerce and social media platforms are boosting the market growth in this region. However, it is the Asia-Pacific region that is expected to exhibit the fastest growth rate during the forecast period. APAC is progressing due to the increasing demand for big data analysis and rising number of social media influence for brand promotions, customer service management, and sales channels in the region.

COMPETITIVE INSIGHTS

Merger & acquisition are the major strategies applied by the companies in the global text analytics market to survive the heavy competition. Some of these prominent market companies include Angoss Software Corporation, Averbis, Bitext Innovations Sl, Clarabridge Inc, Hewlett Packard Company (Hp), Infegy Inc, International Business Machines Corporation, Jive Software, Knime.Com Ag, Lexalytics Inc, Luminoso Technologies Inc, Meaningcloud Llc, Megaputer Intelligence, Inc, Microsoft Corporation, Netbase Solutions Inc, OpenText Corporation, Rapidminer Inc,Sap Se, Sas Institute, The Information Bus Company (Tibco) Software Inc, and Unmetric.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. China & India Led The Asia Pacific To Be The Market Leader
3.2.2. Rising Smartphone Users Coupled With Social Media Marketing Is Supplementing Market Growth
3.2.3. Integration Of Text Analytics With Emerging Technologies
3.2.4. Inorganic Growth Is The Preferred Growth Path
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Monetizing Of Social Media Analytics
4.2.2. Rise In Industry Specific Text Analytics Applications
4.2.3. Emergence Of Multilingual Text Analytics To Break The Language Barrier
4.3. Market Restraints
4.3.1. Limited Adoption Due To Software Handling Issues
4.4. Market Opportunities
4.4.1. Convergence Of Text Analytics With Big Data
4.4.2. Added Advantage Of Predictive Analytics
4.5. Market Challenges
4.5.1. Costly Procedures Of Text Analytics
4.5.2. Increasing Awareness Among End Users
4.5.3. Inconsistency In Interpretation
5. Market By Deployment
5.1. Cloud
5.2. On-premise
6. Market By Technology
6.1. Descriptive Data Analysis
6.2. Text Clustering
6.3. Web Mining
6.4. Predictive Analysis
7. Market By Application
7.1. Customer Relationship Management (Crm)
7.2. Predictive Analysis
7.3. Competitive Intelligence
7.4. Fraud Detection
7.5. Brand Reputation
8. Market By End User
8.1. Banking, Financial Services & Insurance (Bfsi)
8.2. Government
8.3. Retail
8.4. Healthcare & Pharmaceuticals
8.5. Telecommunication
8.6. Fast Moving Consumer Goods (Fmcg)
8.7. Other End Users
9. Key Analytics
9.1. Porter’s Five Force Model
9.1.1. Threat Of New Entrants
9.1.2. Threat Of Substitute
9.1.3. Bargaining Power Of Buyer
9.1.4. Bargaining Power Of Supplier
9.1.5. Intensity Of Competitive Rivalry
9.2. Key Buying Criteria
9.2.1. Accuracy
9.2.2. Level Of Platform
9.2.3. Language Support
9.2.4. Availability Of Data Intelligence
9.3. Vendor Landscape
9.4. Opportunity Matrix
10. Geographical Analysis
10.1. North America
10.1.1. United States
10.1.2. Canada
10.2. Europe
10.2.1. United Kingdom
10.2.2. Germany
10.2.3. France
10.2.4. Spain
10.2.5. Italy
10.2.6. Rest Of Europe
10.3. Asia Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. South Korea
10.3.5. Australia
10.3.6. Rest Of Asia Pacific
10.4. Rest Of World
10.4.1. Latin America
10.4.2. Middle East & Africa
11. Competitive Landscape
11.1. Market Share Analysis
11.2. Company Profiles
11.2.1. Angoss Software Corporation
11.2.2. Averbis
11.2.3. Bitext Innovations Sl
11.2.4. Clarabridge Inc.
11.2.5. Hewlett Packard Company (Hp)
11.2.6. Infegy Inc.
11.2.7. International Business Machines Corporation
11.2.8. Jive Software
11.2.9. Knime.Com Ag
11.2.10. Lexalytics Inc.
11.2.11. Luminoso Technologies Inc.
11.2.12. Meaningcloud Llc
11.2.13. Megaputer Intelligence, Inc.
11.2.14. Microsoft Corporation
11.2.15. Netbase Solutions Inc.
11.2.16. Opentext Corporation
11.2.17. Rapidminer Inc
11.2.18. Sap Se
11.2.19. Sas Institute
11.2.20. The Information Bus Company (Tibco) Software Inc.
11.2.21. Unmetric
List Of Tables
Table 1. Global Text Analytics Market, By Geography, 2018-2026, (In $ Billion)
Table 2. Global Text Analytics Market, By Deployment, 2018-2026, (In $ Billion)
Table 3. Global Cloud Market, By Region, 2018-2026, (In $ Billion)
Table 4. Global On Premise Market, By Region, 2018-2026, (In $ Billion)
Table 5. Global Text Analytics Market, By Technology, 2018-2026, (In $ Billion)
Table 6. Global Descriptive Data Analysis Market, By Region, 2018-2026, (In $ Billion)
Table 7. Global Text Clustering Market, By Region, 2018-2026, (In $ Billion)
Table 8. Global Web Mining Market, By Region, 2018-2026, (In $ Billion)
Table 9. Global Predictive Analysis Market, By Region, 2018-2026, (In $ Billion)
Table 10. Global Text Analytics Market, By Application, 2018-2026, (In $ Billion)
Table 11. Global Customer Relationship Management (Crm) Market, By Region, 2018-2026, (In $ Billion)
Table 12. Global Predictive Analysis Market, By Region, 2018-2026, (In $ Billion)
Table 13. Global Competitive Intelligence Market, By Region, 2018-2026, (In $ Billion)
Table 14. Global Fraud Detection Market, By Region, 2018-2026, (In $ Billion)
Table 15. Global Brand Reputation Market, By Region, 2018-2026, (In $ Billion)
Table 16. Global Text Analytics Market, By End User, 2018-2026, (In $ Billion)
Table 17. Global Banking, Financial Services & Insurance Market, By Region, 2018-2026, (In $ Billion)
Table 18. Global Government Market, By Region, 2018-2026, (In $ Billion)
Table 19. Global Retail Market, By Region, 2018-2026, (In $ Billion)
Table 20. Global Healthcare & Pharmaceuticals, By Region, 2018-2026, (In $ Billion)
Table 21. Global Telecommunication Market, By Region, 2018-2026, (In $ Billion)
Table 22. Global Fast Moving Consumer Goods (Fmcg) Market, By Region, 2018-2026, (In $ Billion)
Table 23. Global Other End Users Market, By Region, 2018-2026, (In $ Billion)
Table 24. Opportunity Matrix
Table 25. Vendor Landscape
Table 26. Global Text Analytics Market, By Geography, 2017-2025, (In $ Million)
Table 27. North America Text Analytics Market, By Country, 2018-2026, (In $ Billion)
Table 28. Europe Text Analytics Market, By Country, 2018-2026, (In $ Billion)
Table 29. Asia Pacific Text Analytics Market, By Country, 2018-2026, (In $ Billion)
Table 30. Rest Of World Text Analytics Market, By Region, 2018-2026, (In $ Billion)
List Of Figures
Figure 1. Global Text Analytics Market, By End Users, 2017 & 2026 (In %)
Figure 2. Asia Pacific Text Analytics Market, 2018-2026, (In $ Billion)
Figure 3. Social Media Strategies For Marketing In 2016 (%)
Figure 4. Smartphone Users Across The World, 2016-2020 (In Billion)
Figure 5. United States Based Insurers Complying With The Rise In Claims Due To Lack Of Predictive Analytics
Figure 6. Current Use By Researchers And Future Requirement Of Language Based Text Analytics Tools In The Year 2016
Figure 7. Overall User Experience Of Text Analytics Software Users In The United States
Figure 8. Percentage Of Satisfied Users Of Siri, Cortana And Google Now For The Year 2016
Figure 9. Use Of Predictive Analysis In The Year 2016
Figure 10. Resource Cost Incurred By Researchers Worldwide In The Year 2016
Figure 11. Use Of Text Analytics And Mining Tools In Publishing Journal Literature From 2008-2014
Figure 12. Enterprise Application Of Public And Private Cloud
Figure 13. Global Text Analytics Market, By Cloud, 2018-2026, (In $ Billion)
Figure 14. Global Text Analytics Market, By On-premise, 2018-2026, (In $ Billion)
Figure 15. Text Analytics Technology Model
Figure 16. Global Text Analytics Market, By Descriptive Data Analysis, 2018-2026, (In $ Billion)
Figure 17. Global Text Analytics Market, By Text Clustering, 2018-2026, (In $ Billion)
Figure 18. Global Text Analytics Market, By Web Mining, 2018-2026, (In $ Billion)
Figure 19. Global Text Analytics Market, By Predictive Analysis, 2018-2026, (In $ Billion)
Figure 20. Global Text Analytics Market, By Customer Relationship Management (Crm), 2018-2026, (In $ Billion)
Figure 21. Global Text Analytics Market, By Predictive Analysis, 2018-2026, (In $ Billion)
Figure 22. Global Text Analytics Market, By Competitive Intelligence, 2018-2026, (In $ Billion)
Figure 23. Global Text Analytics Market, By Fraud Detection, 2018-2026, (In $ Billion)
Figure 24. Global Text Analytics Market, By Brand Reputation, 2018-2026, (In $ Billion)
Figure 25. Global Text Analytics Market, By Banking, Financial Services & Insurance, 2018-2026, (In $ Billion)
Figure 26. Global Text Analytics Market, By Government, 2018-2026, (In $ Billion)
Figure 27. Global Text Analytics Market, By Retail, 2018-2026, (In $ Billion)
Figure 28. Global Text Analytics Market, By Healthcare & Pharmaceuticals Market, 2018-2026, (In $ Billion)
Figure 29. Global Text Analytics Market, By Telecommunication, 2018-2026, (In $ Billion)
Figure 30. Global Text Analytics Market, By Fast Moving Consumer Goods (Fmcg), 2018-2026, (In $ Billion)
Figure 31. Global Text Analytics Market, By Other End Users, 2018-2026, (In $ Billion)
Figure 32. Porter’s Five Force Analysis
Figure 33. Key Buying Impact Analysis
Figure 34. Global Text Analytics Market, Regional Outlook, 2017 & 2026 (In %)
Figure 35. North America Cloud Traffic 2015-2016
Figure 36. Average Internet Penetration Rate In 2016
Figure 37. United States Text Analytics Market, 2018-2026, (In $ Billion)
Figure 38. Big Data Analytics Market In Canada, 2016-2020 (In $ Million)
Figure 39. Canada Text Analytics Market, 2018-2026, (In $ Billion)
Figure 40. United Kingdom Text Analytics Market, 2018-2026, (In $ Billion)
Figure 41. Big Data Analytics Market In Germany, 2015-2016 (In $ Million)
Figure 42. Germany Text Analytics Market, 2018-2026, (In $ Billion)
Figure 43. France Text Analytics Market, 2018-2026, (In $ Billion)
Figure 44. Spain Text Analytics Market, 2018-2026, (In $ Billion)
Figure 45. Italy Text Analytics Market, 2018-2026, (In $ Billion)
Figure 46. Rest Of Europe Text Analytics Market, 2018-2026, (In $ Billion)
Figure 47. Smartphone Users In Asia Pacific, 2016-2020 (In $ Million)
Figure 48. China Big Data Analytics Market, 2015-2016 (In $ Million)
Figure 49. China Text Analytics Market, 2018-2026, (In $ Billion)
Figure 50. Smartphone Users In Japan, 2015-2016 (In $ Million)
Figure 51. Japan Text Analytics Market, 2018-2026, (In $ Billion)
Figure 52. India Text Analytics Market, 2018-2026, (In $ Billion)
Figure 53. Rest Of Asia Pacific Text Analytics Market, 2018-2026, (In $ Billion)
Figure 54. Latin America Social Media Users, 2015-2016 (In $ Million)
Figure 55. Latin America Text Analytics Market, 2018-2026, (In $ Billion)
Figure 56. Middle East And Africa Internet Penetration Rate, 2015-2020 (In %)
Figure 57. Middle East And Africa Text Analytics Market, 2018-2026, (In $ Billion)
Figure 58. Market Share Analysis Of Key Players In 2017 (In %)

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