
Europe Text Analytics Market Size, Share & Trends Analysis Report By Component (Software, and Services (Professional, and Managed)), By Deployment Type, By Enterprise Size, By Industry Vertical, By Application, By Country and Growth Forecast, 2024 - 2031
Description
Europe Text Analytics Market Size, Share & Trends Analysis Report By Component (Software, and Services (Professional, and Managed)), By Deployment Type, By Enterprise Size, By Industry Vertical, By Application, By Country and Growth Forecast, 2024 - 2031
The Europe Text Analytics Market would witness market growth of 17.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Text Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,038.3 million by 2031. The UK market is exhibiting a CAGR of 16.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 18.2% during (2024 - 2031).
Another notable factor driving the growth of this market is its broad applicability across diverse industries. Retail and e-commerce enterprises employ text analytics to examine consumer feedback, product evaluations, and social media interactions, thereby enhancing their marketing strategies and product offerings. The healthcare sector benefits from these analytics by processing patient records, clinical notes, and research articles to identify patterns that improve diagnosis and treatment outcomes.
The increasing integration of these analytics with other technologies, such as business intelligence (BI) and customer relationship management (CRM) systems, has further amplified its utility. When combined with BI tools, these analytics provides a comprehensive view of structured and unstructured data, enabling organizations to make holistic and informed decisions. Integration with CRM platforms allows businesses to analyze customer interactions, identify pain points, and personalize engagement strategies, fostering stronger relationships and improving retention rates.
Italy is also experiencing a surge in these analytics adoption, driven by the country’s digital transformation initiatives under the Piano Nazionale di Ripresa e Resilienza (National Recovery and Resilience Plan). This plan allocates substantial resources to promote digitalization across manufacturing, healthcare, and public services. Digital Transition, a key priority of the plan, is expected to significantly boost these analytics adoption, with the market projected to reach 91.7 billion euros by 2025. These analytics is used to improve public sector efficiency and stimulate innovation in private enterprises, making it an integral part of Italy’s modernization efforts. With strong governmental support, sector-specific advancements, and a focus on digitalization, the adoption of these analytics is poised to accelerate across the continent.
Based on Component, the market is segmented into Software, and Services (Professional, and Managed). Based on Deployment Type, the market is segmented into On-Demand, and On-Premise. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Industry Vertical, the market is segmented into Retail, BFSI, Travel & Hospitality, Media & Entertainment, Healthcare, IT & Telecom, and Other Industry Vertical. Based on Application, the market is segmented into Customer Experience, Marketing, GRC, Document Management, Workforce Management, and Other Application. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Qualtrics, LLC
- IBM Corporation
- Luminoso Technologies, Inc.
- Megaputer Intelligence, Inc.
- Microsoft Corporation
- Micro Focus International PLC (Open Text Corporation)
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Averbis GmbH
By Component
- Software
- Services
- Professional
- Managed
- On-Demand
- On-Premise
- Large Enterprises
- SMEs
- Retail
- BFSI
- Travel & Hospitality
- Media & Entertainment
- Healthcare
- IT & Telecom
- Other Industry Vertical
- Customer Experience
- Marketing
- GRC
- Document Management
- Workforce Management
- Other Application
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
147 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Text Analytics Market, by Component
- 1.4.2 Europe Text Analytics Market, by Deployment Type
- 1.4.3 Europe Text Analytics Market, by Enterprise Size
- 1.4.4 Europe Text Analytics Market, by Industry Vertical
- 1.4.5 Europe Text Analytics Market, by Application
- 1.4.6 Europe Text Analytics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. Europe Text Analytics Market by Component
- 5.1 Europe Software Market by Country
- 5.2 Europe Services Market by Country
- 5.3 Europe Text Analytics Market by Services Type
- 5.3.1 Europe Professional Market by Country
- 5.3.2 Europe Managed Market by Country
- Chapter 6. Europe Text Analytics Market by Deployment Type
- 6.1 Europe On-Demand Market by Country
- 6.2 Europe On-Premise Market by Country
- Chapter 7. Europe Text Analytics Market by Enterprise Size
- 7.1 Europe Large Enterprises Market by Country
- 7.2 Europe SMEs Market by Country
- Chapter 8. Europe Text Analytics Market by Industry Vertical
- 8.1 Europe Retail Market by Country
- 8.2 Europe BFSI Market by Country
- 8.3 Europe Travel & Hospitality Market by Country
- 8.4 Europe Media & Entertainment Market by Country
- 8.5 Europe Healthcare Market by Country
- 8.6 Europe IT & Telecom Market by Country
- 8.7 Europe Other Industry Vertical Market by Country
- Chapter 9. Europe Text Analytics Market by Application
- 9.1 Europe Customer Experience Market by Country
- 9.2 Europe Marketing Market by Country
- 9.3 Europe GRC Market by Country
- 9.4 Europe Document Management Market by Country
- 9.5 Europe Workforce Management Market by Country
- 9.6 Europe Other Application Market by Country
- Chapter 10. Europe Text Analytics Market by Country
- 10.1 Germany Text Analytics Market
- 10.1.1 Germany Text Analytics Market by Component
- 10.1.1.1 Germany Text Analytics Market by Services Type
- 10.1.2 Germany Text Analytics Market by Deployment Type
- 10.1.3 Germany Text Analytics Market by Enterprise Size
- 10.1.4 Germany Text Analytics Market by Industry Vertical
- 10.1.5 Germany Text Analytics Market by Application
- 10.2 UK Text Analytics Market
- 10.2.1 UK Text Analytics Market by Component
- 10.2.1.1 UK Text Analytics Market by Services Type
- 10.2.2 UK Text Analytics Market by Deployment Type
- 10.2.3 UK Text Analytics Market by Enterprise Size
- 10.2.4 UK Text Analytics Market by Industry Vertical
- 10.2.5 UK Text Analytics Market by Application
- 10.3 France Text Analytics Market
- 10.3.1 France Text Analytics Market by Component
- 10.3.1.1 France Text Analytics Market by Services Type
- 10.3.2 France Text Analytics Market by Deployment Type
- 10.3.3 France Text Analytics Market by Enterprise Size
- 10.3.4 France Text Analytics Market by Industry Vertical
- 10.3.5 France Text Analytics Market by Application
- 10.4 Russia Text Analytics Market
- 10.4.1 Russia Text Analytics Market by Component
- 10.4.1.1 Russia Text Analytics Market by Services Type
- 10.4.2 Russia Text Analytics Market by Deployment Type
- 10.4.3 Russia Text Analytics Market by Enterprise Size
- 10.4.4 Russia Text Analytics Market by Industry Vertical
- 10.4.5 Russia Text Analytics Market by Application
- 10.5 Spain Text Analytics Market
- 10.5.1 Spain Text Analytics Market by Component
- 10.5.1.1 Spain Text Analytics Market by Services Type
- 10.5.2 Spain Text Analytics Market by Deployment Type
- 10.5.3 Spain Text Analytics Market by Enterprise Size
- 10.5.4 Spain Text Analytics Market by Industry Vertical
- 10.5.5 Spain Text Analytics Market by Application
- 10.6 Italy Text Analytics Market
- 10.6.1 Italy Text Analytics Market by Component
- 10.6.1.1 Italy Text Analytics Market by Services Type
- 10.6.2 Italy Text Analytics Market by Deployment Type
- 10.6.3 Italy Text Analytics Market by Enterprise Size
- 10.6.4 Italy Text Analytics Market by Industry Vertical
- 10.6.5 Italy Text Analytics Market by Application
- 10.7 Rest of Europe Text Analytics Market
- 10.7.1 Rest of Europe Text Analytics Market by Component
- 10.7.1.1 Rest of Europe Text Analytics Market by Services Type
- 10.7.2 Rest of Europe Text Analytics Market by Deployment Type
- 10.7.3 Rest of Europe Text Analytics Market by Enterprise Size
- 10.7.4 Rest of Europe Text Analytics Market by Industry Vertical
- 10.7.5 Rest of Europe Text Analytics Market by Application
- Chapter 11. Company Profiles
- 11.1 Qualtrics, LLC
- 11.1.1 Company Overview
- 11.2 IBM Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Regional & Segmental Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 SWOT Analysis
- 11.3 Luminoso Technologies, Inc.
- 11.3.1 Company Overview
- 11.3.2 Recent strategies and developments:
- 11.3.2.1 Partnerships, Collaborations, and Agreements:
- 11.4 Megaputer Intelligence, Inc.
- 11.4.1 Company Overview
- 11.5 Microsoft Corporation
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 SWOT Analysis
- 11.6 Micro Focus International PLC (Open Text Corporation)
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 SWOT Analysis
- 11.7 Oracle Corporation
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 SWOT Analysis
- 11.8 SAP SE
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expense
- 11.8.5 SWOT Analysis
- 11.9 SAS Institute, Inc.
- 11.9.1 Company Overview
- 11.9.2 Recent strategies and developments:
- 11.9.2.1 Acquisition and Mergers:
- 11.9.3 SWOT Analysis
- 11.10. Averbis GmbH
- 11.10.1 Company Overview
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