Comprehensive analysis on Text Analytics Market| Key Players are Angoss Software Corporation, Averbis GmbH, Bitext Innovations S.L, Cambridge Semantics, Clarabridge, Clarivate Analytics, RapidMiner Inc, Linguamatics, IBM Corporation, Quertle, Lexalytics,

MarketStudyReport.com Adds New Text Analytics Market 2019 – 2025 research report providing information and data by Deployment Type, Technology, Application, Verticals, Industry Analysis, Regional Outlook, Competitive Market Share & Forecast spreading across 260 Pages with table and figures in it.

Text analytics, a process of analyzing textual information to identify the patterns and gaining insights, is gradually being used by retailers to learn more about the consumers. By identifying customer purchase patterns and opinion on particular products, retailers can target specific individual or segments with personalized offers and discounts to boost sales and increase customer loyalty. Through text analytics, retail companies can come up with price optimization, future performance prediction, demand prediction, forecasting trends, pick up highest ROI opportunities and identify customers. Text analytics also offers online behavioral analysis of customers to come up with the best offers for their targeted customers. Thus, retail sector is expected to create a burgeoning demand for text analytics market over the forecast period from 2017 - 2025.

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Text Analytics market is expected to grow US$ 18.28 Bn by 2025 from US$ 2.59 Bn in 2016. The global text analytics market is primarily driven by increase in the volume of unstructured data. Increasing utilization of social media platforms, consumer shifting trends towards online buying and increasing digitalization are some of the factors contributing to increase in unstructured data. Analysis of unstructured data can uncover key patterns capable of forming the basis of decision making in various organizations. Traditionally, the data is analyzed by an individual which becomes ineffective as the volume of data increases. This necessitates use of text analytics software capable of handling large volume of data set capable of finding hidden patterns which assist in decision making purpose. Moreover, companies are able to exploit only 30% of unstructured data generated, this low percentage represents significant opportunity for vendors to develop analytical solutions featured with advanced capabilities including machine learning, NLP and language support.

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The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Text Analytics industry.

Table of content:
1.1 List of Tables
1.2 List of Figures

2 Introduction
2.1 Scope of the Study
2.2 The Insight Partners Research Report Guidance

3 Key Takeaways

4 Market Landscape
4.1 Market Overview
4.2 Market Segmentation
4.2.1 Global Text Analytics Market - By Deployment Model
4.2.2 Global Text Analytics Market - By Technology
4.2.3 Global Text Analytics Market - By Application
4.2.4 Global Text Analytics Market - By Verticals
4.2.5 Global Text Analytics Market - By Geography
4.3 PEST Analysis
4.3.1 North America PEST Analysis
4.3.2 Europe PEST Analysis
4.3.3 Asia Pacific PEST Analysis
4.3.4 Middle East and Africa PEST Analysis
4.3.5 South America PEST Analysis

5 Global Text Analytics Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing competitive nature are making companies to seek for value added solutions
5.1.2 Range of application and opportunities across diverse fields is driving the growth of the market
5.2 Key Market Restraints
5.2.1 Lack of analytical talent and linguistic abilities is inhibiting the growth of the market
5.2.2 Vendors providing subscription based propriety services may face challenge from availability of free/ open source tool
5.3 Key Market Opporunities
5.3.1 Rising unstructured data set is the next pillar of growth in global text analytics market
5.3.2 Development of software / platforms with combination of features may create high revenue growth opportunity for vendors in the global text analytics market
5.4 Future Trends
5.4.1 With increase in internet penetration and social media usage, analysis of text will become the crucial part of business process
5.4.2 Vendors forming strategic alliance with data related solution providers
5.5 Impact Analysis of Drivers and Restraints

6 Text Analytics Market - Global
6.1 Global Text Analytics Market Overview
6.2 Global Text Analytics Market Forecast and Analysis

7 Global Text Analytics Market Analysis - By Deployment Model
7.1 Overview
7.2 On-Premise
7.2.1 Overview
7.2.2 Global on-premises Market Revenue and Forecasts to 2025 (US$ Bn)
7.3 Cloud
7.3.1 Overview
7.3.2 Cloud Market Revenue and Forecasts to 2025 (US$ Bn)
More Details on this Report At: https://www.marketstudyreport.com/reports/text-analytics-market-to-2025-by-deployment-type
Related Report:
Global Text Analytics Market Size, Status and Forecast 2019-2025
In 2018, the global Text Analytics market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.
https://www.marketstudyreport.com/reports/global-text-analytics-market-size-status-and-forecast-2019-2025/?utm_source=RR-AN

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