The Business Research Company’s report goes into great detail on the text analytics market size and growth, text analytics market regional analysis, text analytics market competitive landscape, and other critical information needed to excel in the text analytics industry.

Major players 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).

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

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%.

North America was the largest region in the text analytics market in 2021.

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.

The growing demand for social media analytics is contributing to the growth of the text analytics market.

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Technological innovation is a key trend gaining popularity in the text analytics market. The companies operating in the text analytics market are focusing on developing innovative and advanced solutions to meet the specific demand from niche customer sectors across the globe.

TBRC’s Global Text Analytics Market Report Is Segmented:
By Component: Software, Services

By Deployment: On-premise, Cloud

By Enterprise Size: Large Enterprises, Small and medium Enterprises (SME’s)

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Text Analytics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the text analytics market globally and regionally, analyzes and forecasts market size, share, text analytics market players, text analytics market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Social Media Analytics Global Market Report 2022

Speech Analytics Global Market Report 2022

Big Data and Analytics Services Global Market Report 2022

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