Press release
Text Analytics Market Size, Outlook, Growth Drivers, Trends Evaluation, Report 2023-2028
Text Analytics Market
The global text analytics market size reached US$ 7.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.7 Billion by 2028, exhibiting a growth rate (CAGR) of 17.6% during 2023-2028.
Request to Get the Sample Report: https://www.imarcgroup.com/text-analytics-market/requestsample
Text analytics is a sophisticated technology that interprets textual data to derive meaningful insights and patterns. Characterized by natural language processing and machine learning techniques, it examines data from various sources like emails, social media, and documents. Its properties allow for the automation of sentiment analysis, trend detection, and customer feedback evaluation. The advantages of text analytics are vast, including the enhancement of customer experience, streamlining of operations, and informed decision-making processes.
Market Trends:
The global market is primarily driven by the heightened emphasis on customer experience management across businesses, which relies heavily on customer feedback analysis. The growing volume of unstructured data generated from digital platforms necessitates robust analytical tools, thus reinforcing the market's progress. Moreover, the integration of AI and machine learning for predictive analytics is becoming commonplace, augmenting the market's dynamics. The proliferation of cloud computing is also facilitating the adoption of text analytics services, offering scalability and accessibility. Additionally, the need for compliance and risk management across industries requires the deployment of text analytics for monitoring and governance. Furthermore, the market benefits from the strategic collaborations aimed at enhancing analytical capabilities and expanding customer base. The escalating adoption of text analytics in the retail sector for customer sentiment and trend analysis is another vital market driver. Alongside, the financial services sector's utilization of text analytics for fraud detection and customer service optimization plays a crucial role.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/text-analytics-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Clarabridge
• Infegy
• International Business Machines Corporation
• Lexalytics Inc.
• Luminoso Technologies Inc.
• Microsoft Corporation
• Open Text Corporation
• Oracle Corporation
• SAP SE
• SAS Institute Inc.
• Tableau Software LLC
• The Hewlett Packard Enterprise Company
• TIBCO Software Inc
Text Analytics Market Segmentation:
Our report has categorized the market based on region, deployment model, organization size, application and end use industry.
Breakup by Deployment Model:
• On-premises
• Cloud-based
Breakup by Organization Size:
• Large Enterprises
• Small and Medium Enterprises (SMEs)
Breakup by Application:
• Competitive Intelligence
• Customer Relationship Management
• Predictive Analytics
• Fraud Detection
• Brand Reputation
• Others
Breakup by End User:
• Fast Moving Consumer Goods (FMCG)
• Banking Financial Services and Insurance (BFSI)
• Healthcare and Pharmaceuticals
• Telecommunication
• Government
• Retail
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Browse Other Reports:
https://www.imarcgroup.com/report/es/biopesticides-market
https://www.imarcgroup.com/report/es/global-biopharmaceutical-manufacturing-market
https://www.imarcgroup.com/report/es/biotechnology-industry
https://www.imarcgroup.com/report/es/blockchain-in-manufacturing-market
https://www.imarcgroup.com/report/es/big-data-software-market
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Text Analytics Market Size, Outlook, Growth Drivers, Trends Evaluation, Report 2023-2028 here
News-ID: 3333175 • Views: …
More Releases from IMARC Group
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
Acetyltributyl Citrate Production Plant Cost Analysis Report 2025: Project Detai …
Establishing an acetyltributyl citrate plant will require a thorough market research, as well as a hard-granular understanding of various processes in the business such as unit operations, provision of raw materials, utilities, facility setup, equipment and technologies, human resources, logistics, and economics.
IMARC Group's report titled "Acetyltributyl Citrate Production Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for…
eSIM Market Size, Share, Growth And Trends Report 2025-2033
eSIM Market Overview:
The eSIM (embedded SIM) market is expanding rapidly as digital connectivity and IoT adoption reshape global communication technologies. Unlike traditional SIM cards, eSIMs are embedded directly into devices, enabling remote provisioning and seamless switching between network operators. This technology is gaining traction across smartphones, wearables, tablets, connected cars, industrial IoT, and smart home devices. The growing need for flexible, secure, and cost-efficient connectivity is driving market growth, along…
Packers and Movers Business Plan Startup Costs and Profit Margins in 2025 Explai …
Packers and Movers Business Plan & Project Report Overview
IMARC Group's "Packers and Movers Business Plan and Project Report 2025" offers a comprehensive framework for establishing a successful relocation and logistics services business. The critical areas, including market trends, investment opportunities, revenue models, and financial forecasts, are discussed in this in-depth report and are therefore useful resources to entrepreneurs, consultants and investors. Whether evaluating the viability of a new venture or…
More Releases for Text
Mango AI's Text to Video Generator Turns Text into Interactive Videos
As video creation becomes more important for businesses and individuals, making good videos quickly is a big challenge. Mango AI, an innovative AI video generator developed by Mango Animate, introduced an intuitive text to video (https://mangoanimate.com/ai/text-to-video) tool to solve this problem. This tool benefits people who need to make videos often but need more time or the right skills. With it, anyone can transform scripts into videos that catch the…
AI Text-To-Image Generator Market From Text to Reality: The Rise of the AI Text- …
AI Text-To-Image Generator Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global AI Text-To-Image Generator Market Size, Share & Trends Analysis Report By Component (Software and Services), By Application (Mobile Terminal, PC Terminal), By End-User (Art, Education, Fashion, Businesses, NFTs)- Market Outlook And Industry Analysis 2031"
The Global AI Text-To-Image Generator Market…
Mango Animate's Text Video Software Will Design Engaging Text Videos Easily
The intuitive text video maker simplifies the process of video production for everyone without any prior design knowledge. The software includes an array of features empowering users to create text animated videos that stand out.
Mango Animate will release a text video software(https://mangoanimate.com/products/tm) program that aims to help users of all expertise, be it professional video creators and someone with no video design knowledge, and convert their text into winning animated…
Text Analytics Market
Text Analytics Market: Introduction
Text analytics also known as text mining is used to analyze the unstructured data into meaningful insights. The text mining software examines the large chunk of written materials which identifies relationship, facts and assertions, whereby visualizing it the form of charts, graphs, maps and others.
These visualizing techniques are helpful to find the potential business insights in social media posts, medical records, surveys and other data based…
Text Analytics Market
“Text Analytics Market Development Factors and Investment Analysis by Leading Manufacturers 2020 – 2026” is the latest addition to www.coherentmarketinsights.com industry research reports collection.”
Text Analytics Market Overview:
The Text Analytics Market Report released and promoted by CMI draw out historical, existing, and forecast valuation of the Text Analytics industry till 2026. The report highlights the market essentials, opportunities, regional market, Emerging Growth Factors, market challenges, forecast and competitors joined with their…
Text Analytics Market Focusing on the Enhancement of their Text Analytics Capabi …
This research report provides in-depth analysis of the global text analytics market on the basis of deployment type, applications, and end-users. The text analytics market based on deployment type includes on-premise and cloud-based text analytics solutions.
The text analytics market on the basis of applications is segmented into data analysis & forecasting, fraud/spam detection, intelligence & law enforcement, and customer relationship management (CRM). The text analytics end-user segment comprises military…
