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Text Analytics Market 2022-2026, Key Players, Detailed Analysis, Trends and Growth Strategies
Text Analytics Market
The regions covered in the text analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest text analytics market share.
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The text analytics market consists of sales of text analytics solutions by entities (organizations, sole traders, and partnerships) that refer to software or tools, which help in automatically converting vast amounts of unstructured text into quantitative data to identify insights, trends, and patterns. These software or tools will enable businesses, governments, researchers, and media to exploit the enormous content at their disposal for making crucial decisions. Text analytics utilizes a variety of techniques such as sentiment analysis, topic modelling, named entity recognition, term frequency, and event extraction.
Key competitors in the text analytics market include IBM Corporation, Microsoft Corporation, SAP SE, SAS Institute Inc, Lexalytics Inc, Luminoso Technologies Inc, Clarabridge Inc, Micro Focus International PLC, OpenText Corporation, RapidMiner Inc, Infegy Inc, Medallia Inc, Megaputer Intelligence, Inc, Oracle Corporation, TIBCO Software Inc, Bitext Innovations SL, Basis Technology, MeaningCloud LLC, KNIME.com AG, Averbis, bizAmica Software, Attivio, Kingland Systems, Capgemini, NICE, Verint Systems, Inc, and Amazon Web Services (AWS).
The global text analytics market size is expected to grow from $6.79 billion in 2021 to $8.08 billion in 2022 at a compound annual growth rate (CAGR) of 18.93%. The global text analytics market size is expected to reach $16.25 billion in 2026 at a CAGR of 19.09%.
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TBRC's report segments the global text analytics market:
1) By Component: Software, Services
2) By Deployment: On-premise, Cloud
3) By Enterprise Size: Large Enterprises, Small and medium Enterprises (SME's)
Read Further On The Text Analytics Market Here:
https://www.thebusinessresearchcompany.com/report/text-analytics-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Text Analytics Market Characteristics
3. Text Analytics Market Trends And Strategies
4. Impact Of COVID-19 On Text Analytics
5. Text Analytics Market Size And Growth
.....
27. Text Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Text Analytics Market
29. Text Analytics Market Future Outlook and Potential Analysis
30. Appendix
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