Absolute Markets Insights has announced addition of an insightful analytical data to its massive repository titled Text Analytics market. The report highlights significant key players operating in the global regions such as North America, Latin America, Europe, Asia-Pacific, and India. The study uses several graphical presentation techniques such as charts, graphs, table, and pictures while curating the report. With regards to SWOT analysis and Porter’s Five analysis, the market data has been effectively measured. Various dynamic aspects of the businesses such as drivers, challenges, risks, opportunities, and restraints have also been evaluated to present a detailed knowledge to ease the process of making informed decisions in the businesses. The study further also draws attention to the statistics of the current market scenario, presents information on the past progress as well as on the futuristic progress.
Global competitors such as Crimson Hexagon, Averbis, Bitext Innovations, S.L., Clarabridge, IBM, Infegy, Inc., KNIME.com AG, Lexalytics, LUMINOSO, MeaningCloud LLC, Megaputer Intelligence, Inc., Microsoft Corporation, OpenText Corp, Oracle, SAP SE, SAS Institute, Inc., TABLEAU SOFTWARE, The Hewlett-Packard Company and TIBCO Software Inc. are also highlighted in the study in order to get a stronger and effective outlook of the competition at domestic as well as global regions. The report further also offers comprehensive information based on primary and secondary research techniques to examine the data accurately.
Additionally, the report also provides a detailed description of current market attributes such as manufacturing base, raw material, technical advancements, demanding trends, marketing channels, and business models. With the help of facts and figures of import and exports, local consumption, buyers, sellers and distributors better market insights into the businesses are provided, which is one of the many distinctive features of the report.
For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Text-Analytics-Market-2018-2026-107
The text analytics market was valued at US$ 4043.4 Mn in 2020 is expected to reach US$ 8961.3+ Mn by 2030.
Text Analytics is a new IT discipline with its foundations in linguistics and data mining. The discipline is used to convert unstructured text data into meaningful data to conduct analysis, provide search facility, assemble feedback, search for client perspectives, analyze opinions, track product audits and entity modeling to enhance and support decision making which depends on certainties. Different linguistic, statistical, and machine learning techniques are used to retrieve information from unstructured data, structure the data and accordingly derive patterns, trends, assess and interpret data. The analysis techniques similarly include lexical analysis, categorization, grouping, pattern recognition, labeling, annotation, data extraction, link, association analysis and visualization. Moreover, text analysts are collaborating with retail and e-commerce enterprises to establish themselves in the market. The development in cloud-based technologies has pushed the demand for adoption in deployment of text analytic solution.
Global Text Analytics Market: Research Scope:
By Component:
- Software
- Service
- Managed services
- Professional services
- Support and maintenance
- Consulting services
- System integration and deployment
By Application:
- Customer experience management
- Marketing management
- Governance, risk, and compliance management
- Document management
- Workforce management
- Others
By Deployment:
- On-premises
- Cloud
By Organization:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By Industry Vertical:
- Banking, Financial Services, and Insurance (BFSI)
- Telecommunications and Information Technology (IT)
- Retail and e-Commerce
- Healthcare and life sciences
- Manufacturing
- Government and defense
- Energy and utilities
- Media and entertainment
- Travel and hospitality
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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