Global Text Analytics Market to reach US.39 Bn by 2026.

Posted by Shubhangi Sapkal on August 19th, 2019

Global Text Analytics Market by component (software, services), by application (workforce management, customer experience management, marketing management, documentation management, and risk & compliance management), by deployment (on-premises and cloud based), by end user (retail & e-commerce, government, IT & Telecommunication, BFSI, manufacturing, energy & utilities, travel, hospitals and others), and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) Global Industry Analysis and forecast 2018-2026. Global text analytics market was valued US$ 2.95 Bn in 2017 and is estimated to reach US$ 10.39 Bn by 2026 at a CAGR of 17.04%.

Rising the demands for social media analysis, big data market, online purchase, increasing need for overcome language barriers, rising text analytics applications, number of smartphone users are some major factors of text analytics market.

Cloud based delivery type is lead the text analytics market.
Cloud based delivery is hold the largest share of market in the forecast period due to flexibility, scalability, cost effectiveness, less maintenance, and high speed.

Software is lead the text analytics market.
Software is estimated to hold largest share of the market due to rising use of social media, easy data extraction.

North America is the leading regional market for text analytics market.
North America is estimated to hold a major share of text analytics market due to rising focus towards customer experience, number of text analytics vendors.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are SAP SE, IBM Corporation, SAS Institute, Inc., OpenText Corporation, Clarabridge, Meghaputer Intelligence, Luminoso Technologies, MeaningCloud LLC, KNIME.com AG, Infegy, Bitext Innovations S.L., Averbis, HP, Jive, Kana, Lexalytics, Listenlogic, Lithium, Netbase solution, Networked insights, Sysomos, Unmetric, Conversition, Confirmit, Averbis, Microsoft, Hewlett-Packard Development Company, L.P., Attensity Inc., TIBCO Software Inc., Tableau Software, and Collective intellect.

Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Text Analytics Market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Text Analytics Market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Text Analytics Market market positioning of competitors.

Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Global Text Analytics Market”.

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Shubhangi  Sapkal

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Shubhangi Sapkal
Joined: May 30th, 2019
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