Global Text Analytics Market Size By Application, By Organization Size, By Component, By Vertical, By Geography and Forecast

Global Text Analytics Market Size By Application, By Organization Size, By Component, By Vertical, By Geography and Forecast

Text Analytics Market Size And Forecast
According to Verified Market Research, the Global Text Analytics Market was valued at USD 5.30 billion in 2019 and is projected to reach USD 17.46 billion by 2027, growing at a CAGR of 17.35% from 2020 to 2027.

What is Text Analytics?
Text analytics is defined as the process of analyzing the text content in emails, blogs, tweets, forums and other forms of textual communication. It is the most recent name given to Natural Language Understanding, Data and Text Mining. Text Analytics is the process of discovering new, previously unknown information, by automatically extracting information from different written resources. It is similar to data mining except for the fact that data mining tools are designed for handling structured data from databases.

Text analytics is an emerging technology gaining popularity in many industries from marketing to finance. It helps them in extracting and analyzing large quantities of text that in turn helps the decision-makers in understanding the market dynamics, predicting outcomes and trends, detecting frauds and managing risks. There are many basics and advanced methods for text analysis that includes word frequency, collocation, concordance, text classification, sentiment analysis, language detection, and many others. The analysis of the text can stretch its AI wings across a range of texts depending on the results desired.

Global Text Analytics Market Overview
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Social media platforms are definitely a driving force behind the adoption of text analytics software. There are many vendors that offer social media monitoring platforms with varying degrees of sophistication in terms of the analysis. Many of them have moved beyond search-based techniques and included text analytics in order to discover topics or analyze sentiment. Therefore, it can be concluded that the rising demand for social media analytics for gaining crucial business insights is expected to drive the market growth in the forecast period.


1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP DOWN APPROACH
2.10 RESEARCH FLOW
2.11 DATA SOURCES
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 GLOBAL TEXT ANALYTICS MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.3 GLOBAL TEXT ANALYTICS MARKET, BY APPLICATION (USD MILLION)
3.4 GLOBAL TEXT ANALYTICS MARKET, BY ORGANIZATION SIZE (USD MILLION)
3.5 GLOBAL TEXT ANALYTICS MARKET, BY COMPONENT (USD MILLION)
3.6 GLOBAL TEXT ANALYTICS MARKET, BY VERTICAL (USD MILLION)
3.7 FUTURE MARKET OPPORTUNITIES
3.8 GLOBAL MARKET SPLIT
4 MARKET OUTLOOK
4.1 GLOBAL TEXT ANALYTICS MARKET OUTLOOK
4.2 MARKET DRIVERS
4.2.1 RISING DEMAND FOR SOCIAL MEDIA ANALYTICS
4.3 MARKET RESTRAINTS
4.3.1 LACKING AWARENESS AND SKILLED WORKFORCE
4.4 MARKET OPPORTUNITIES
4.4.1 RAPIDLY GROWING SCOPE OF APPLICATION ACROSS DIFFERENT INDUSTRIES
4.5 PORTERS FIVE FORCE MODEL
4.6 VALUE CHAIN ANALYSIS
4.6.1 DATA MINING
4.6.2 TEXT ANALYTICS
4.6.3 STATISTICS
4.6.4 MODELING
4.6.5 DEPLOYMENT
5 MARKET, BY APPLICATION
5.1 OVERVIEW
5.2 CUSTOMER EXPERIENCE MANAGEMENT
5.3 MARKETING MANAGEMENT
5.4 WORKFORCE MANAGEMENT
5.5 GOVERNANCE, RISK, AND COMPLIANCE MANAGEMENT
5.6 DOCUMENT MANAGEMENT
5.7 OTHERS
6 MARKET, BY ORGANIZATION SIZE
6.1 OVERVIEW
6.2 LARGE ENTERPRISES
6.3 SMALL AND MEDIUM ORGANIZATIONS
7 MARKET, BY COMPONENT
7.1 OVERVIEW
7.2 SOFTWARE
7.3 SERVICES
7.3.1 MANAGED SERVICES
7.3.2 PROFESSIONAL SERVICES
8 MARKET, BY VERTICAL
8.1 OVERVIEW
8.2 GOVERNMENT AND DEFENSE
8.3 IT AND TELECOM
8.4 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
8.5 TRAVEL AND HOSPITALITY
8.6 RETAIL AND E-COMMERCE
8.7 MEDIA AND ENTERTAINMENT
8.8 OTHERS
9 MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 U.S.
9.2.2 CANADA
9.2.3 MEXICO
9.3 EUROPE
9.3.1 GERMANY
9.3.2 FRANCE
9.3.3 U.K.
9.3.4 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 CHINA
9.4.2 JAPAN
9.4.3 INDIA
9.4.4 REST OF ASIA PACIFIC
9.5 ROW
9.5.1 MIDDLE EAST & AFRICA
9.5.2 LATIN AMERICA
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY DEVELOPMENT STRATEGIES
10.3 COMPANY RANKING ANALYSIS
11 COMPANY PROFILES
11.1 IBM CORPORATION
11.1.1 COMPANY OVERVIEW
11.1.2 COMPANY INSIGHTS
11.1.3 SEGMENT BREAKDOWN
11.1.4 PRODUCT BENCHMARKING
11.1.5 SWOT ANALYSIS.
11.2 SAS INSTITUTE INC.
11.2.1 COMPANY OVERVIEW
11.2.2 COMPANY INSIGHTS.
11.2.3 SEGMENT BREAKDOWN
11.2.4 PRODUCT BENCHMARKING
11.2.5 KEY DEVELOPMENT
11.2.6 SWOT ANALYSIS.
11.3 SAP SE
11.3.1 COMPANY OVERVIEW
11.3.2 COMPANY INSIGHTS
11.3.3 SEGMENT BREAKDOWN
11.3.4 PRODUCT BENCHMARKING
11.3.5 KEY DEVELOPMENT
11.3.6 SWOT ANALYSIS
11.4 OPEN TEXT CORPORATION
11.4.1 COMPANY OVERVIEW
11.4.2 COMPANY INSIGHTS
11.4.3 SEGMENT BREAKDOWN
11.4.4 PRODUCT BENCHMARKING
11.4.5 KEY DEVELOPMENT
11.4.6 SWOT ANALYSIS
11.5 CLARABRIDGE
11.5.1 COMPANY OVERVIEW
11.5.2 PRODUCT BENCHMARKING
11.6 INFEGY, INC.
11.6.1 COMPANY OVERVIEW
11.6.2 PRODUCT BENCHMARKING
11.6.3 KEY DEVELOPMENT
11.7 MEANINGCLOUD LLC
11.7.1 COMPANY OVERVIEW
11.7.2 PRODUCT BENCHMARKING
11.8 LUMINOSO TECHNOLOGIES, INC.
11.8.1 COMPANY OVERVIEW
11.8.2 PRODUCT BENCHMARKING
11.8.3 KEY DEVELOPMENT
11.9 KNIME AG
11.9.1 COMPANY OVERVIEW
11.9.2 PRODUCT BENCHMARKING
11.10 BITEXT INNOVATIONS, S.L.
11.10.1 COMPANY OVERVIEW
11.10.2 PRODUCT BENCHMARKING
11.10.3 KEY DEVELOPMENT

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