Text Analytics Market Current Trends, SWOT Analysis, Business Overview and Forecast by 2028 | IBM Corporation, Microsoft, Hewlett-Packard Development Company, L.P., Attensity Inc., Clarabridge, SAP SE.

This detailed market report focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global text analytics market

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Company profiled in this report based on Business overview, Financial data, Product landscape,Strategic outlook & SWOT analysis:

1. IBM Corporation
2. Microsoft
3. Hewlett-Packard Development Company, L.P.
4. Attensity Inc.
5. Clarabridge
6. SAP SE
7. TIBCO Software Inc.
8. Tableau Software
9. and Oracle.

According to the report, the high growth of the end-use industry in the emerging regions is expected to drive the demand of the text analytics market during the forecast period.

Text analytics is applied to convert unstructured data into the structured data format, which is useful in summarizing information, classification, sentimental analysis, and data investigation. The need for text analytics is increasing due to business automation and digitization, which produce huge amounts of data that require proper management for their optimal utilization for analysis purposes. Text analytics helps in quick and computerized feedback to clients for customer satisfaction.

Key Factors Impacting Market Growth:
• Rise in the risk of financial frauds and growing Big Data market
• Increase in demand for social media analysis
• Growing usage of smartphones across the world

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

Major regions for the text analytics market are estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of the text analytics market during the forecast period.

The industrial sector has been one of the key contributors to the economies in these regions. The North America ERP software market is further segmented by the US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.

Industries in these regions are estimated to be growing fast in Asia Pacific region which is segmented by China, Japan, South Korea, India and Australia. Major companies operating in text analytics market have made strategic developments to improve market presence in these regions.

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Competitions and Report Analysis:
Textanalytics market competitive landscape provides details by competitors. These details include overviews, financials, revenues generated, market potentials etc. in research and development, new market initiatives, global presence. manufacturing sites and facilities, manufacturing capacities, company strengths.

This report covers the following points:
1) Study of global industry dynamics, annual forecasts and expected annual compound growth rates (CAGRs).
2) An overview of the global text analytics market and the related technologies.
3) Identification of new market opportunities and targeted consumer marketing strategies for global text analytics market .
4) Extensive company profiles of key players in industry.
5) Analysis of R&D and demand for new technologies and new applications

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

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Market Segmentation:
By Technology:
Text Clustering
Big data Analytics
Web Mining
Predictive Analytics

By Deployment:
On-premise
Cloud-based

By Application:
Data Analysis & Forecasting
Fraud/Spam Detection
Intelligence & Law Enforcement
Customer Relationship Management (CRM)

By End-use Industry:
Military & Defense
Manufacturing
Banking, Financial Services & Insurance (BFSI)
Retail
Healthcare
IT & Telecom
Entertainment & Media
Automotive & Transportation
Hospitality

By Region:
North America
By Country (US, Canada, Mexico)
By Technology
By Deployment
By Application
By End-use Industry
Western Europe:
By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
By Technology
By Deployment
By Application
By End-use Industry
Eastern Europe:
By Country (Russia, Turkey, Rest of Eastern Europe)
By Technology
By Deployment
By Application
By End-use Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Technology
By Deployment
By Application
By End-use Industry
Middle East:
By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
By Technology
By Deployment
By Application
By End-use Industry
Rest of the World
By Region (South America, Africa)
By Technology
By Deployment
By Application
By End-use Industry

Reasons to Buy This Report:
• Market size estimation of the global text analytics market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

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This release was published on openPR.