Text Analytics Market SWOT Analysis to 2025 Top Companies- IBM, SAP SE, SAS Institute, Clarabridge, Expert Systems, OpenText, Basis Technology, Linguamatics, ANGOSS, KNIME

The global text analytics market is expected to grow from US$ US$ 3.23 Bn in 2017 to US$ 18.28 Bn by 2025 at a CAGR of 24.2% between 2017 and 2025. The text analytics market has experienced high growth and adoption in the last few years and is also expected to experience a significant growth and adoption in years to come. One of the major reason for high adoption of text analytics is, increasing competitive nature in business is making companies to seek for value added solutions. With increasing competition and changing consumer perspectives, organizations are making significant investments in solutions capable of analyzing customer and competitor data in order to improve competitiveness. The mainstream source of data are e-commerce platforms, social media, survey, individual blog, published articles and others. Greater part of data generated is unstructured, which makes it difficult and expensive for the companies to analyze with the help of individuals. This challenge combined with the rapid growth in data generation has led to the development of analytical tools not only capable of handling large volume of text data but also assist in better decision making. Text analytics software enables a user to draw meaning from large volume of data sets available from different sources.

Global Text Analytics Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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Key Benefits-

To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Text Analytics Market.

To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Some of The Major Players In Global Market:
IBM Corporation
SAP SE
SAS Institute Inc.
Clarabridge
Expert Systems
OpenText Corp.
Basis Technology
Linguamatics
ANGOSS SOFTWARE CORPORATION
KNIME

Text Analytics Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Text Analytics Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Text Analytics Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Thursday January 17 2019, 11:46 PM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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