Text analytics Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Text analytics market was valued at USD 5.46 billion in 2020 and is to reach a value of USD 14.84 billion by 2028 at a CAGR of 17% over the forecast period (2022-2028). Text analytics tools are increasingly being used by organizations to support the business creation process by providing actionable insights from various types of text sources such as client interactions, emails, blogs, product reviews, tweets, and center logs.

Company Profile

• SAP SE
• IBM Corporation
• Clarabridge, Inc.
• SAS Institute Inc.
• Microsoft Corporation

Market Segmentation

The following segmentation are covered in this report:

Deployment

• On-premise
• Cloud

Application

• Risk Management
• Fraud Management
• Business Intelligence
• Social Media Analysis
• Customer Care Services

Scope of the Report

The research study analyzes the global Text analytics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Text analytics Market Report

1. What was the Text analytics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Text analytics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Text analytics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.