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Telecom and IT industry

Text Analytics market 2020 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2026

  • Code : SMI12706
  • Pages : 173
  • Date : Nov, 2019
  • Category : Telecom and IT
  • Publisher : SMI
  • Format : SMI PPT FormatSMI PDF Format



 

The Text Analytics is a process of converting the unstructured data into meaningful data which help companies to understand the customer experience, market trend, and product description. Global text analytics market has generated revenue of US$ 3,031.5 million in 2016 and is projected to reach US$ 13,060.4 million by 2025, exhibiting CAGR of 17.7%.

Overview:

Text analytics, also known as text mining or text data mining, is the process of drawing meaning out of written communication. A text analytics software is used that uses natural language processing algorithms and text mining, in order to find meaning of vast amount of text. Text analytics is mainly used to gain insights from online reviews, emails, call center agent notes, tweets, survey results, and other types of written feedback. Text analytics is useful in understanding patterns and themes, so as to know what customers are thinking. The global text analytics market is focused on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Market Dynamics- Driver

Growing use of text analytics in various industry verticals and predictive analytics for businesses are expected to drive growth of the global text analytics market during the forecast period. For instance, text analytics such as financial trading, creditworthiness assessment, search autocomplete, TV advertising & audience analysis, and sentiment analysis. Furthermore, text analytics is widely used in predictive analytics for businesses were using historical data, machine-to-machine learning, and statistical algorithms, future outcomes are predicted and predictive models are built.

Market Dynamics- Restraints

Low awareness regarding benefits of text analytics, lack of skilled workforce, and other operational challenges are expected to restrain growth of the global text analytics market during the forecast period. Text analytics require skilled individuals in machine learning, NLP, statistical analysis, and deep learning. Moreover, many companies around the world, especially small and mid-sized enterprises are unaware of benefits of text analytics, which in turn, is expected to hinder the market growth over the forecast period.

Regional Insights:

Among regions, North America is expected to witness significant growth in the global text analytics market during the forecast period. This is owing to the early adoption of advanced technologies such as artificial intelligence and natural language processing (NLP). Moreover, Asia Pacific is expected to witness lucrative growth rate during the forecast period, owing to rapid digitalization in emerging economies such as China, India, and Indonesia.

Competitive Landscape:

Key companies operating in the global text analytics market are Opentext Corporation, SAP SE, Bitext Innovations S.L., SAS Institute, Inc., Megaputer Intelligence, Clarabridge, Inc., Lexalytics, Inc., Knime.Com AG, and Luminoso Technologies, Inc.

Key players in the market are focused on product launches, in order to enhance their product portfolio. For instance, in January 2018, SAS Institute, Inc., a U.S.-based developer of analytics software, introduced the SAS Platform that will make it easier for customers to build artificial intelligence by leveraging deep learning, machine learning, and text analytics.

Market Dynamics:

The increasing demand for insights from unstructured data, rising adoption of predictive analytics by various business, growing requirement for social media analytics and changing business trends are some of the key drivers which fuels growth of the text analytics market. Moreover, the rising significance of IoT and big data in analytics, provides the growth opportunity platform to the market. In addition, lack of skilled workforce and awareness are the major challenge which hinders the growth of the text analytics market.

Market Taxonomy:

This report segments the global text analytics market on the basis of deployment model, application, organization size, end users, and geography. On the basis of deployment model, the market is segmented into cloud and on-premises. Based on application, the market is segmented into competitive intelligence, customer relationship management, predictive analytics, fraud detection, and brand reputation. Based on organization size, the market is segmented into small, medium, and large enterprises. Based on end users, the market is segmented into banking, financial services, and insurance, retail and e-commerce, government and defense, healthcare and life sciences, manufacturing, telecommunications, and information technology. For a comprehensive understanding of market dynamics, the market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key features of the study:

• This report provides an in-depth analysis of the text analytics market with market size (US$ Million) and CAGR (%) over the forecast period: 2017 - 2025, considering 2016 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provide key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global text analytics market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
• Key companies covered as a part of this study include SAP SE, International Business Machines Corporation, SAS Institute, Inc., Opentext Corporation, Clarabridge, Inc., Bitext Innovations S.L., Lexalytics, Inc., Megaputer Intelligence, Inc., Luminoso Technologies, Inc., and Knime.Com AG
• Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, technology upgrades, market expansion, and marketing tactics
• Various strategy matrices used in analyzing the text analytics market would provide stakeholders vital inputs to make strategic decisions accordingly

Detailed Segmentation:

• Global Text Analytics Market, By Deployment Model:
o Cloud
o On-Premises
• Global Text Analytics Market, By Application:
o Competitive Intelligence
o Customer Relationship management
o Predictive Analytics
o Fraud detection
o Brand Reputation
• Global Text Analytics Market, By Organisation Size:
o Small and Medium Enterprises
o Large Enterprises
• Global Text Analytics Market, By End Users:
o Banking, Financial Services, and Insurance
o Retail and Ecommerce
o Government and Defense
o Healthcare and Life Sciences
o Manufacturing
o Telecommunications and Information Technology
o Others
• Global Text Analytics Market, By Geography:
o North America
 By Country
 U.S.
 Canada
 By Segmentation
 By Deployment Model:
 Cloud
 On-Premises
 By Application:
 Competitive Intelligence
 Customer Relationship management
 Predictive Analytics
 Fraud detection
 Brand Reputation
 By Organisation Size:
 Small and Medium Enterprises
 Large Enterprises
 By End Users:
 Banking, Financial Services, and Insurance
 Retail and Ecommerce
 Government and Defense
 Healthcare and Life Sciences
 Manufacturing
 Telecommunications and Information Technology
 Others
o Europe
 By Country
 Germany
 U.K.
 France
 Italy
 Spain
 Russia
 Rest of Europe
 By Segmentation
 By Deployment Model:
 Cloud
 On-Premises
 By Application:
 Competitive Intelligence
 Customer Relationship management
 Predictive Analytics
 Fraud detection
 Brand Reputation
 By Organisation Size:
 Small and Medium Enterprises
 Large Enterprises
 By End Users:
 Banking, Financial Services, and Insurance
 Retail and Ecommerce
 Government and Defense
 Healthcare and Life Sciences
 Manufacturing
 Telecommunications and Information Technology
 Others
o Asia Pacific
 By Country
 China
 India
 Japan
 Australia
 South Korea
 ASEAN
 Rest Of Asia Pacific
 By Segmentation
 By Deployment Model:
 Cloud
 On-Premises
 By Application:
 Competitive Intelligence
 Customer Relationship management
 Predictive Analytics
 Fraud detection
 Brand Reputation
 By Organisation Size:
 Small and Medium Enterprises
 Large Enterprises
 By End Users:
 Banking, Financial Services, and Insurance
 Retail and Ecommerce
 Government and Defense
 Healthcare and Life Sciences
 Manufacturing
 Telecommunications and Information Technology
 Others
o Latin America
 By Country
 Brazil
 Mexico
 Rest Of Asia Pacific
 By Segmentation
 By Deployment Model:
 Cloud
 On-Premises
 By Application:
 Competitive Intelligence
 Customer Relationship management
 Predictive Analytics
 Fraud detection
 Brand Reputation
 By Organisation Size:
 Small and Medium Enterprises
 Large Enterprises
 By End Users:
 Banking, Financial Services, and Insurance
 Retail and Ecommerce
 Government and Defense
 Healthcare and Life Sciences
 Manufacturing
 Telecommunications and Information Technology
 Others
o Africa
 By Country
 South Africa
 Central Africa
 North Africa
 By Segmentation
 By Deployment Model:
 Cloud
 On-Premises
 By Application:
 Competitive Intelligence
 Customer Relationship management
 Predictive Analytics
 Fraud detection
 Brand Reputation
 By Organisation Size:
 Small and Medium Enterprises
 Large Enterprises
 By End Users:
 Banking, Financial Services, and Insurance
 Retail and Ecommerce
 Government and Defense
 Healthcare and Life Sciences
 Manufacturing
 Telecommunications and Information Technology
 Others
o Middle East
 By Country
 GCC
 Israel
 Rest Of Middle East
 By Segmentation
 By Deployment Model:
 Cloud
 On-Premises
 By Application:
 Competitive Intelligence
 Customer Relationship management
 Predictive Analytics
 Fraud detection
 Brand Reputation
 By Organisation Size:
 Small and Medium Enterprises
 Large Enterprises
 By End Users:
 Banking, Financial Services, and Insurance
 Retail and Ecommerce
 Government and Defense
 Healthcare and Life Sciences
 Manufacturing
 Telecommunications and Information Technology
 Others
• Company Profiles
 SAP SE
 Company Overview*
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 International Business Machines Corporation
 SAS Institute, Inc.
 Opentext Corporation
 Clarabridge, Inc.
 Bitext Innovations S.L.
 Lexalytics, Inc.
 Megaputer Intelligence, Inc.
 Luminoso Technologies, Inc.
 Knime.Com AG

"*" marked represents similar segmentation in other categories in the respective section.

Table of Content
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet By Deployment Model
? Market Snippet By Organisation Size
? Market Snippet By End Users
? Market Snippet By Application
? Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Regulatory Scenario
? Industry Trend
? Epidemiology/Prevalence/Incidence
? Merger and Acquisitions
? New Product Approvals/Launch
? Promotion and Marketing Initiatives
4. Global Text Analytics Market, By Deployment Model, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Cloud
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o On-Premises
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
5. Global Text Analytics Market, By Organisation Size, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Small and Medium Enterprises
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Large Enterprises
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
6. Global Text Analytics Market, By End Users, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Banking, Financial Services, and Insurance
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Retail and Ecommerce
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Government and Defense
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Healthcare and Life Sciences
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Manufacturing
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Telecommunications and Information Technology
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Others
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
7. Global Text Analytics Market, By Application, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, 2016 and 2025 (%)
? Segment Trends
o Competitive Intelligence
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Customer Relationship management
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Predictive Analytics
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Fraud detection
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
o Brand Reputation
? Introduction
? Market Size and Forecast, 2015 - 2025, (USD Million)
8. Global Text Analytics Market, By Regions, 2015 - 2025 (USD Million)
o Introduction
? Market Share Analysis, By Region, 2016 and 2025 (%)
o North America
? Introduction
? Market size and Forecast,2015 - 2025 (USD Million)
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Organisation Size, 2015 - 2025 (USD Million)
? Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? By Country
? U.S.
? Canada
o Europe
? Introduction
? Market size and Forecast,2015 - 2025 (USD Million)
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Organisation Size, 2015 - 2025 (USD Million)
? Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? By Country
? Germany
? UK
? France
? Italy
? Spain
? Russia
? Rest of Europe
o Asia Pacific
? Introduction
? Market size and Forecast,2015 - 2025 (USD Million)
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Organisation Size, 2015 - 2025 (USD Million)
? Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? By Country
? China
? India
? Japan
? Australia
? South Korea
? ASEAN
? Rest Of Asia Pacific
o Latin America
? Introduction
? Market size and Forecast,2015 - 2025 (USD Million)
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Organisation Size, 2015 - 2025 (USD Million)
? Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? By Country
? Brazil
? Mexico
? Rest Of Asia Pacific
o Africa
? Introduction
? Market size and Forecast,2015 - 2025 (USD Million)
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Organisation Size, 2015 - 2025 (USD Million)
? Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? By Country
? South Africa
? Central Africa
? North Africa
o Middle East
? Introduction
? Market size and Forecast,2015 - 2025 (USD Million)
? By Segment
? Market Size and Forecast, By Deployment Model, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Organisation Size, 2015 - 2025 (USD Million)
? Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
? Market Size and Forecast, By Application, 2015 - 2025 (USD Million)
? By Country
? GCC
? Israel
? Rest Of Middle East
9. Competitive Landscape
o Company Profiles
? SAP SE
? Company Overview
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? International Business Machines Corporation
? SAS Institute, Inc.
? Opentext Corporation
? Clarabridge, Inc.
? Bitext Innovations S.L.
? Lexalytics, Inc.
? Megaputer Intelligence, Inc.
? Luminoso Technologies, Inc.
? Knime.Com AG
o Analyst Views
10. Section
o References
o Research Methodology
o About us and Sales Contact
*Browse all the market data tables and figures on "Text Analytics (CGM) Market - Global forecast to 2025".

 



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