Text Analytics Market - Estimated to Grow from USD 2.65 Billion in 2015 to USD 5.93 Billion in 2020

Jan 08, 2016, 10:10 ET from Research and Markets

DUBLIN, January 8, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/jfcg75/text_analytics) has announced the addition of the "Text Analytics Market - Global Forecast to 2020" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769  )

The text analytics market for industries such as retail and consumer packaged goods is anticipated to grow steadily in the next few years, as the retail application is majorly focused on marketing and customer experience management, which includes analysis of brand reputation, purchase behavior, summarization of surveys and reviews, churn analysis, and developing selling and promotion strategies. 

The increasing customer engagement in social media platforms will compel companies to analyze the data present to obtain actionable insights and enhance its operations. Thus, the need for analysis of social media data will drive the market. Furthermore, the market is expected to be driven by opportunities such as added advantage of predictive analytics and converges of text analytics with big data. 

North America is estimated to hold the largest market share of the overall insurance market in 2015 and grow at a CAGR of 12.8% from 2015 to 2020, followed by Europe and APAC. North America is rapidly deploying the text analytics solution due to the dynamic market environment. Latin America and MEA regions are also witnessing a record growth in demonstrating and adopting text analytics solution. 

Target audience: 

  • Text analytics service vendors
  • System integrators
  • IT developers
  • Third party vendors
  • Network operators
  • Infrastructure provider
  • Government
  • Regulatory and compliance agencies

Key Topics Covered: 

1 Introduction 

2 Research Methodology 

3 Executive Summary 

4 Premium Insights

5 Market Overview 

6 Industry Trends

7 Text Analytics Market Analysis, By Application 

8 Text Analytics Market Analysis, By Deployment Mode 

9 Text Analytics Market Analysis, By End User

10 Text Analytics Market Analysis, By Vertical 

11 Geographic Analysis 

12 Competitive Landscape 

13 Company Profiles 

  • Angoss Software Corporation
  • Attensity
  • Basis Technology Corporation
  • Clarabridge, Inc.
  • International Business Machines (IBM) Corporation
  • Lexalytics, Inc.
  • Opentext Corporation
  • Rapidminer, Inc.
  • SAP SE
  • SAS Institute, Inc.

For more information visit http://www.researchandmarkets.com/research/jfcg75/text_analytics

About Research and Markets  

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Laura Wood

SOURCE Research and Markets