Text Analytics Market is Expected to Grow at a CAGR of 24.2% between 2017 and 2025

The global text analytics market is expected to grow from US$ 3.23 Bn in 2017 to US$ 18.28 Bn by 2025 at a CAGR of 24.2% between 2017 and 2025.

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 demand use of text analytics software capable of handling large volume of data set and can uncover 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. The South America text analytics market region is expected to witness a CAGR growth rate of 24.0% in the coming years.

Get Sample Copy of this Report at: http://bit.ly/2Y6EKj0

An exclusive Text Analytics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Text Analytics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Text Analytics Market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Leading Text Analytics Market Players:

• IBM Corporation
• SAP SE
• SAS Institute Inc.
• Clarabridge
• Expert Systems
• OpenText Corp.
• Basis Technology
• Linguamatics
• ANGOSS SOFTWARE CORPORATION
• KNIME

Worldwide Text Analytics Market Analysis to 2025 is a specialized and in-depth study of the Text Analytics industry with a focus on the global market trend. The report aims to provide an overview of global Text Analytics Market with detailed market segmentation by product/application and geography. The global Text Analytics Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Air Cargo players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Text Analytics Market based on product and application. It also provides market size and forecast till 2025 for overall Text Analytics Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Purchase This Report: http://bit.ly/2OqJLhX

Also, key Text Analytics Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Reason to Buy:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Text Analytics Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Text Analytics Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.