Text analytics can be defined as a process of retrieving information from the available text sources. Text analytics is used for various purposes such as summarization of information, classification, sentimental analysis and data investigation. Text Analytics has become vital for smooth functioning of business across world. Text Analytics software helps its end user to perform data analysis for obtaining useful insights. Text Analytics software’s are capable to process structured as well as unstructured data in a same efficient manner. In text analytics software, natural language processing toolkits are used which are competent enough to overcome any type of language barrier and this toolkit can derive information from any unknown languages. Modern text analytics software offers user friendly interface for better representation and analysis.

 

Globally, need of effective text analytics solution and services is increasing steadily. Factors which are driving the growth of global text analytics service market are growing demand of social media analysis for effective brand building, development of multilingual text analytics to overcome language barriers, increasing concern of financial frauds and growing big data market. On the other hand, factors which are restraining the growth of global text analytics market are lack of awareness among end users about software handling, high deployment cost and compliance issue with present IT infrastructure. However, added advantage of predictive analytics and credibility to analyse big data is expected to create great opportunity for text analytics market in future.

 

Global text analytics market is segmented on the basis of application, organization size, deployment model and verticals. On the basis of application, the global text analytics market can be segmented into, enterprise application, predictive analytics, data analytics application, web-based application, search based applications and others. Predictive analytics segment is expected to be major application segment of global text analytics market during the forecast period

 

On the basis of organization size, the global text analytics market can be segmented into small enterprises, medium enterprises and large enterprises.

 

On the basis of deployment model, the global text analytics market can be segmented into on-premise and cloud deployment. Cloud based deployment model expected to gain significant importance during the period of forecast. However, small enterprises are still very much dependent on on-premise model

 

On the basis of verticals, the global text analytics market can be segmented into banking, financial serves and insurance (BFSI), healthcare & pharmaceuticals, manufacturing, retail & hospitality, telecommunication, consumer packed goods and others

 

On the basis of region, the text analytics market can be segmented into seven regions which includes, North America, Latin America, Western Europe, Asia-Pacific (excluding Japan), Eastern Europe, Japan and Middle East & Africa region. Further the market is sub-segmented as per the major countries of each region in order to provide better regional analysis of the Text Analytics Market. North America region is expected to dominate the global text analytics market during the period of forecast.

 

Western Europe region is expected to be second largest market in terms of revenue during the forecast period.

 

Interested in report: Please follow the below the links to meet your requirements; Request for the Report Brochure: http://www.persistencemarketresearch.com/samples/7096

 

Text Analytics Market: Key Players

 

Key players in global text analytics market are IBM Corporation, Microsoft, Hewlett-Packard Development Company, L.P., Attensity Inc., Clarabridge, SAP SE, TIBCO Software Inc., Tableau Software and Oracle among others. Key players are focusing on continuous innovations in the existing text analytics software’s. Hence new product launch is the major development strategy adopted by market players in order to grow in market. In 2014, Linguamatics launched I2E Semantic Enrichment to offer increased return on investment in enterprise search systems.

 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as application, organization size, deployment model and verticals.

 

Request TOC (table of content), Figures and Tables of the Report:

http://www.persistencemarketresearch.com/toc/7096

 

 

The report covers exhaustive analysis on:

 

Text Analytics Market Segments

Text Analytics Market Dynamics

Historical Actual Market Size, 2012 - 2014

Text Analytics Market Size & Forecast 2015 to 2025

Supply & Demand Value Chain

Text Analytics Market Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Text Analytics Market Drivers and Restraints

 

Regional analysis for Text Analytics Market includes

 

North America

US & Canada

 

Latin America

Brazil, Argentina & Others

 

Western Europe

EU5

Nordics

Benelux

 

Eastern Europe

 

Asia Pacific

Australia and New Zealand (ANZ)

Greater China

India

ASEAN

Rest of Asia Pacific

 

Japan

 

Middle East and Africa

GCC Countries

Other Middle East

North Africa

South Africa

Other Africa

 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

 

For more Info: http://www.persistencemarketresearch.com/contact-us.asp

 

Report Highlights:

 

Detailed overview of parent market

Changing market dynamics of the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and product offerings

Potential and niche segments/regions exhibiting promising growth

A neutral perspective towards market performance

Must-have information for market players to sustain and enhance their market footprint

 

Key points covered in the report

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America

Europe

Asia

RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market

5) The report also provides porters five forces analysis of the market.-

 

About Us

 

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

 

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

 

Contact

 

Persistence Market Research

 

305 Broadway

 

7th Floor, New York City,

 

NY 10007, United States,

 

USA - Canada Toll Free: 800-961-0353

 

Email: sales@persistencemarketresearch.com

 

Web: http://www.persistencemarketresearch.com