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Sentiment Analytics Systems Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
What combination of drivers is leading to accelerated growth in the sentiment analytics systems market?The continual surge in the use of social media monitoring is anticipated to fuel the expansion of sentiment analytics systems markets in the future. Social media monitoring implies the identification, analysis, and response to discussions and references associated with a brand, product, or subject on various social media platforms. The integration of social media monitoring is proliferating because it offers instantaneous insights into consumer actions, market tendencies, and brand sentiments, empowering businesses to make decisions rooted in data and augment their online visibility. Sentiment analytics systems equip corporations with the capacity to effectively scrutinize and utilize public sentiment, elevating their social media monitoring strategies. Take this for instance: in February 2024, as reported by Backlinko- an internationally acknowledged SEO expert based in the US, Facebook's everyday active user growth rate inflated by 5.1% YoY from 4.4% in 2022. Hence, the employment of social media monitoring is propelling the expansion of the sentiment analytics systems market.
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What is the projected compound annual growth rate (CAGR) of the sentiment analytics systems market from 2025 to 2034, and what factors influence it?
The market size of sentiment analytics systems has seen an explosive growth in recent years. It is projected to increase from $3.26 billion in 2024 to $4.29 billion in 2025, with a compound annual growth rate (CAGR) of 31.8%. This growth during the historical period was driven by its high use in analysing patient feedback in healthcare, adoption by government bodies for monitoring citizen sentiment, creation of sentiment analysis platforms for enterprise solutions, increased use in sentiment-aware advertising applications, and its acceptance by government agencies for monitoring the sentiment of citizens.
Predictions for the sentiment analytics systems market size indicate an imminent explosive expansion in the coming years, ballooning up to $12.78 billion by the year 2029, featuring a compound annual growth rate (CAGR) of 31.4%. Factors driving this projected expansion throughout the forecasted timeline include a surge in demand for real-time sentiment analysis, increased application in social media surveillance, advancements in natural language processing (NLP), and utilization for voter sentiment tracking in political campaigns. Significant trends expected during the forecast period encompass integration into customer relationship management (CRM) systems, technological progress, broadening of sentiment analysis APIs, extension of sentiment analysis for gauging employee sentiments, and the increased incorporation of sentiment analysis tools in finance markets.
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How are the latest trends influencing the growth of the sentiment analytics systems market?
Leading corporations engaged in the sentiment analytics systems market are concentrating on incorporating advancements like AI-powered sentiment analysis to boost the enterprise user experience and optimization. Essentially, an AI-driven sentiment analysis tool is an application or service that employs artificial intelligence methodologies, notably natural language processing (NLP), to evaluate text data and establish the sentiment or emotional flavor expressed in the text. For instance, Userlytics Corporation, a preeminent global platform based in the US, integrated Amazon's AI-powered sentiment analysis into its offerings in July 2022. This AI model from Amazon has been assimilated into a worldwide UX research platform, empowering clients to acquire qualitative insights about user experience. This platform's UX design consulting service aids in pinpointing design hitches and forming customized solutions, incorporating UX principles into IoT, machine learning, and AI instances.
What are the major segments of the sentiment analytics systems market and their role in driving growth?
The sentiment analytics systems market covered in this report is segmented -
1) By Type: Cloud-Based, On-Premise
2) By Deployment Model: Private, Public, Hybrid
3) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Application: Banking, Financial Services, And Insurance (BFSI), Healthcare And Life Sciences, Education, Media And Entertainment, Retail, Government, Transportation And Logistics, Other Applications
Subsegments:
1) By Cloud-Based: SaaS (Software As A Service) Solutions, Cloud-Hosted Analytics Platforms, AI-Powered Cloud Solutions
2) By On-Premise: On-Premise Software Solutions, Customizable In-House Sentiment Analytics Systems
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North America was the largest region in the sentiment analytics systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sentiment analytics systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the sentiment analytics systems market?
Major companies operating in the sentiment analytics systems market report are Amazon Web Services Inc.; Google LLC; Microsoft Corporation; International Business Machines Corporation; Oracle Corporation; Salesforce Inc; Adobe Inc.; Twilio Inc.; Splunk Inc.; SAS Institute Inc.; SAP SE; NICE Ltd.; Qualtrics; Nuance Communications Inc.; Medallia Inc.; Verint Systems Inc.; Sprinklr Inc.; Cision Ltd.; Zoho Corporation Pvt. Ltd.; Sprout Social Inc.; Emplifi Inc.; Quid; Meltwater; Lexalytics Inc.; MonkeyLearn Inc.
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What Is Covered In The Sentiment Analytics Systems Global Market Report?
•Market Size Forecast: Examine the sentiment analytics systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sentiment analytics systems market for a structured understanding.
•Key Players Overview: Analyze major players in the sentiment analytics systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sentiment analytics systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sentiment analytics systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sentiment analytics systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the sentiment analytics systems market.
•Competitive Landscape: Review strategic developments in the sentiment analytics systems market, including expansions, agreements, and new product launches.
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