Press release
Text Analytics Market 2018 by Global Leaders: IBM, SAS Institute, OpenText, Clarabridge, Megaputer Intelligence, Luminoso Technologies, Infegy, Lexalytics, Averbis, Bitext Innovations
Market Highlights
In this rapidly changing world of technology, text analytics market will drive the growth prospects during the forecast period. This can be attributed to the growing popularity and acceptance of social media platforms and the inclination towards effective data analysis.
As compared to other regions, the text analytics market in North America is expected to witness significantly healthy growth. In North America, U.S. and Canada are anticipated to drive the growth of text analytics market. This is owing to the presence of large number of established players of text analytics market. In addition to this, organizations are adopting text analytics solutions in order to gain insights from the data spread over the internet and also to determine the impact of existing strategies of the companies and is expected to be a major factor for the growth of text analytics market.
The text analytics market is growing rapidly over 17% of CAGR and is expected to reach at approx. USD 9 billion by the end of forecast period.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2989
Key Players
The prominent players in text analytics market are – SAP SE (Germany), IBM Corporation (US), SAS Institute, Inc. (US), OpenText Corporation (Canada), Clarabridge, Inc. (US), Megaputer Intelligence, Inc. (US), Luminoso Technologies, Inc. (US), MeaningCloud LLC (US), KNIME.com AG (Switzerland), Infegy, Inc. (US), Lexalytics, Inc. (US), Averbis (Germany), Bitext Innovations S.L.(Spain) among others.
Text Analytics Market Segmentation
The text analytics market has been segmented on the basis of component, application, deployment and vertical. By vertical segmentation, IT and telecommunication sector is estimated to drive market share of text analytics market. For achieving improvement in visibility in market trends and core operations, these upcoming industries are expected to incorporate increased number of text analytics solutions.
Market Research Analysis:
The global text analytics market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. In the global text analytics market, Asia Pacific is anticipated to witness relatively faster adoption and hence the growth rate as compared with other regions. Within Asia Pacific, customer experience management segment is projected to contribute the faster share growth. Furthermore, text analytics is implemented to offer quick, computerized feedback to the clients, which reduces dependency for resolving issues on executives. North America is rapidly deploying the text analytics solution due to the dynamic market environment. It holds the largest market share of the overall insurance market. Early adoption of new and emerging technologies and large numbers of text analytics vendors in the region is responsible for driving the majority of revenues in the market
Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of text analytics market. In Europe, the advancements in technology and growing social media analysis for brand building; and the growing need of organizations to analyze the preferences of customers, among others, are the key factors driving the growth of text analytics market.
Text analytics market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth during the forecast period.
Text analytics market in Middle East and Africa occupies a relatively smaller pie of the global digital impression system market. Within Middle East and Africa counties including UAE, South Africa and Saudi are driving the growth.
Get complete Report @ https://www.marketresearchfuture.com/reports/text-analytics-market-2989
Intended Audience
• Technology investors
• Integrated device manufacturers (IDMs)
• Original manufacturers (OEMs)
• Research/Consultancy firms
• Text analytics service vendors
• System integrators
• IT developers
• Third party vendors
• Network operators
• Infrastructure provider
• Government
• Regulatory and compliance agencies
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Text Analytics Market 2018 by Global Leaders: IBM, SAS Institute, OpenText, Clarabridge, Megaputer Intelligence, Luminoso Technologies, Infegy, Lexalytics, Averbis, Bitext Innovations here
News-ID: 1009277 • Views: …
More Releases from Market Research Future
Healthcare BPO Market to Reach USD 972.65 Billion by 2035, Expanding at 4.22% CA …
The Healthcare BPO (Business Process Outsourcing) Market is experiencing significant growth as healthcare providers increasingly outsource non-core functions to specialized service providers. Healthcare BPO services include medical billing and coding, claims processing, customer care, revenue cycle management, IT support, telehealth support, transcription services, and other administrative functions. Outsourcing enables healthcare organizations to reduce operational costs, improve process efficiency, and focus on core clinical services.
Market Overview and Growth Trends
As per Market…
Hearing Aids Market is expected to reach USD 32.45 billion by 2035 | Major Compa …
The Hearing Aids Market is experiencing consistent growth as the prevalence of hearing loss increases among both aging and younger populations exposed to noise-related hearing issues. Hearing aids play a critical role in enhancing communication, social interaction, and overall quality of life for individuals with hearing impairment. Advances in digital technology, wireless connectivity, and user-centric designs are further boosting adoption worldwide.
Market Overview and Growth Trends
As per Market Research Future Analysis,…
Free Space Optic Communication Market Size to Soar to USD 10,667.18 Billion by 2 …
The Free Space Optic Communication Market report provides comprehensive insights into market trends, competitive landscape, growth factors, and opportunities across global regions.
Free Space Optic Communication Market Overview
The Free Space Optic (FSO) Communication Market is witnessing unprecedented growth due to the increasing demand for high-speed, secure, and wireless optical communication solutions. FSO technology uses light to transmit data through free space, offering advantages over traditional fiber-optic and radio frequency communications, particularly…
Desiccant Dehumidifier Market Size to Reach USD 1,181.09 Million by 2035 Driven …
The Desiccant Dehumidifier Market report provides detailed insights into market trends, competitive landscape, growth factors, and opportunities across global regions.
Desiccant Dehumidifier Market Overview
The Desiccant Dehumidifier Market is witnessing steady growth due to increasing demand for moisture control in industrial, commercial, and specialized environments. Desiccant dehumidifiers utilize hygroscopic materials to absorb moisture efficiently, making them ideal for low-temperature operations, pharmaceuticals, food processing, and manufacturing facilities. The Desiccant Dehumidifier Market Size was…
More Releases for Text
AIVocal Text to Speech - Turn Any Text into Natural, Engaging Speech
In today's digital world, creating engaging audio content has become essential for creators, educators, and businesses. The Text to Speech (https://aivocal.io/ai-speech) tool from AIVocal makes this process effortless. It transforms your written content - from blog posts and scripts to reports and presentations - into natural, human-like audio. Whether you want to create narrated videos, audiobooks, podcasts, or educational materials, AIVocal gives you the power to produce professional-quality voiceovers without…
Mango AI's Text to Video Generator Turns Text into Interactive Videos
As video creation becomes more important for businesses and individuals, making good videos quickly is a big challenge. Mango AI, an innovative AI video generator developed by Mango Animate, introduced an intuitive text to video (https://mangoanimate.com/ai/text-to-video) tool to solve this problem. This tool benefits people who need to make videos often but need more time or the right skills. With it, anyone can transform scripts into videos that catch the…
AI Text-To-Image Generator Market From Text to Reality: The Rise of the AI Text- …
AI Text-To-Image Generator Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global AI Text-To-Image Generator Market Size, Share & Trends Analysis Report By Component (Software and Services), By Application (Mobile Terminal, PC Terminal), By End-User (Art, Education, Fashion, Businesses, NFTs)- Market Outlook And Industry Analysis 2031"
The Global AI Text-To-Image Generator Market…
Mango Animate's Text Video Software Will Design Engaging Text Videos Easily
The intuitive text video maker simplifies the process of video production for everyone without any prior design knowledge. The software includes an array of features empowering users to create text animated videos that stand out.
Mango Animate will release a text video software(https://mangoanimate.com/products/tm) program that aims to help users of all expertise, be it professional video creators and someone with no video design knowledge, and convert their text into winning animated…
Text Analytics Market
Text Analytics Market: Introduction
Text analytics also known as text mining is used to analyze the unstructured data into meaningful insights. The text mining software examines the large chunk of written materials which identifies relationship, facts and assertions, whereby visualizing it the form of charts, graphs, maps and others.
These visualizing techniques are helpful to find the potential business insights in social media posts, medical records, surveys and other data based…
Text Analytics Market
“Text Analytics Market Development Factors and Investment Analysis by Leading Manufacturers 2020 – 2026” is the latest addition to www.coherentmarketinsights.com industry research reports collection.”
Text Analytics Market Overview:
The Text Analytics Market Report released and promoted by CMI draw out historical, existing, and forecast valuation of the Text Analytics industry till 2026. The report highlights the market essentials, opportunities, regional market, Emerging Growth Factors, market challenges, forecast and competitors joined with their…
