Massive Growth-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 Research Report on the Text Analytics market by The Insight Partners provides important statistics on the global market and provides a valuable source of guidance for individuals and industries interested. In addition, the Text Analytics Market research report provides a comprehensive analysis of the various factors such as regions, manufacturers, types, market size and market aspects that contribute to the growth of the Text Analytics Market.

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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.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Enterprise Content Management market based on type, deployment type, service and vertical. It also provides market size and forecast till 2025 for overall Enterprise Content Management market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Key Players Influencing the Market
o Angoss Software Corporation
o Averbis GmbH
o Bitext Innovations S.L.
o Cambridge Semantics, Inc.
o Clarabridge
o Clarivate Analytics
o RapidMiner Inc.
o Expert System Group
o Linguamatics
o Basis Technology
o SciBite

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GLOBAL TEXT ANALYTICS - MARKET SEGMENTATION

Text Analytics Market - By Technology
Natural Language Processing (NLP)
Automated Machine Learning (AML)
Hybrid

Text Analytics Market - By Application
Predictive Analysis
Social Media Monitoring
Fraud/Spam Detection
Competitive Intelligence
Others

Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Enterprise Content Management 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 Enterprise Content Management 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.

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