An erudite report of a worldwide Text Analytics Market is recently published by Absolute Markets Insights. The statistical report offers an appropriate analysis of recent trends and technological advancements in global regions such as North America, Latin America, Asia-Pacific, Africa, and India. The data also uses useful tools, methodologies, and standard operating procedures from leading industries to support your analysis. In addition, he employs other effective reconnaissance techniques such as primary and secondary reconnaissance techniques.
Global competitors of Text Analytics Market :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.
The text analytics market was valued at US$ 4043.4 Mn in 2020 is expected to reach US$ 8961.3+ Mn by 2030.
For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Text-Analytics-Market-2018-2026-107
Text analytics provide organizations with real-time insights for decision making within the enterprise and third-party data sources. Single-view of business would provide better business visibility and operational intelligence for organizations to focus on creating consumable bundles of insight on basis of consumer behavior, consumption patterns, social sentiment and the market response. With the evolving technology landscape, organizations cannot keep up with the pace of evolving. Advanced technologies offer new capabilities and benefits but they also introduce new risks. Small and Medium Enterprises (SMEs) are small in terms of their size but cater to a large number of customers globally. They make up the overwhelming majority of the world’s business landscape.
North America region holds the largest market share among other regions for text analytics market. The region accounts for major text analysts’ companies adopting analytics software for creating business models that support real-time decision making and improve productivity. The increase in social media analysis for brand building, and the race for having competitive advantage over other competitors are some of the key factors to fuel the industry’s growth in North America.
Global Text Analytics Market: Research Scope:
- Managed services
- Professional services
- Support and maintenance
- Consulting services
- System integration and deployment
- Customer experience management
- Marketing management
- Governance, risk, and compliance management
- Document management
- Workforce management
- 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
- Government and defense
- Energy and utilities
- Media and entertainment
- Travel and hospitality
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Company: Absolute Markets Insights
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