DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Text Analytics Market by Component, Application, Deployment Model, Organization Size, Industry Vertical, Region - Global Forecast to 2022" report to their offering.
The global text analytics market size is estimated to grow from USD 3.97 billion in 2017 to USD 8.79 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.2%
The development and innovations in text analysis is ascribed by the rising acknowledgement of online networking sites and increasing inclination of organizations towards cloud globally. The ability to control misrepresentation of data, supervision of collected data, and creation of a successful plan to mitigate data-related risks are the major factors driving the worldwide text content analysis market.
In 2017, North America is expected to dominate the text analytics market with largest market size. This trend is expected to continue throughout the forecast period. The text analytics market is revealing a strong positive trend in this region owing to the easy availability of text analytics solutions.
Various companies and industries are adopting text analytics software and services to create business models that support real-time decision making and improve productivity. The APAC region is expected to exhibit the highest growth rate. This growth can be attributed to growing awareness, surge in data, and increasing demand for real-time analytics.
The key vendors profiled in the report are as follows:
- SAP SE
- IBM Corporation
- SAS Institute, Inc.
- OpenText Corporation
- Clarabridge, Inc.
- Megaputer Intelligence, Inc.
- Luminoso Technologies, Inc.
- MeaningCloud LLC
- KNIME.com AG
- Infegy, Inc.
- Lexalytics, Inc.
- Bitext Innovations S.L.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Text Analytics Market Overview and Industry Trends
6 Text Analytics Market Analysis, By Component
7 Text Analytics Market Analysis, By Application
8 Text Analytics Market Analysis, By Deployment Model
9 Text Analytics Market Analysis, By Organization Size
10 Text Analytics Market Analysis, By Industry Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/6rwltw/text_analytics