Text Analytics Market by Component (Services, Software), Organization Size (Large Enterprises, Small & Medium Enterprises), Deployment, Application - Global Forecast 2024-2030

Text Analytics Market by Component (Services, Software), Organization Size (Large Enterprises, Small & Medium Enterprises), Deployment, Application - Global Forecast 2024-2030


The Text Analytics Market size was estimated at USD 7.19 billion in 2023 and expected to reach USD 8.41 billion in 2024, at a CAGR 18.90% to reach USD 24.19 billion by 2030.

Global Text Analytics Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Text Analytics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Text Analytics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Text Analytics Market, highlighting leading vendors and their innovative profiles. These include Altair Engineering Inc., Averbis GmbH, BasisTech LLC, Bitext Innovations S.L., Cambridge Semantics, Inc., Capgemini Services SAS, Elsevier Limited, Expert System Group, Infegy Inc., InMoment, Inc., International Business Machines Corporation, IQVIA Inc., KNIME AG, Luminoso Technologies Inc., MeaningCloud LLC, Medallia Inc., Megaputer Intelligence, Inc., Microsoft Corporation, NICE Ltd., Open Text Corporation, Oracle Corporation, Qualtrics LLC, SAP SE, SAS Institute Inc., and SciBite Limited.

Market Segmentation & Coverage

This research report categorizes the Text Analytics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Services
Managed Service

Professional Service
Software
Organization Size
Large Enterprises
Small & Medium Enterprises
Deployment
On-Cloud
On-Premises
Application
Customer Experience Management
Document Management
Governance, Risk, and Compliance Management
Marketing Management,
Workforce Management
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Text Analytics Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Text Analytics Market?
3. What are the technology trends and regulatory frameworks in the Text Analytics Market?
4. What is the market share of the leading vendors in the Text Analytics Market?
5. Which modes and strategic moves are suitable for entering the Text Analytics Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Text Analytics Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising business preference for predictive analytics
5.1.1.2. Growing need for highly-customized and industry-specific applications
5.1.1.3. Surging focus towards the betterment of customer service
5.1.2. Restraints
5.1.2.1. Associated operational complications and limited awareness
5.1.3. Opportunities
5.1.3.1. Integration of advanced technology in text analytics
5.1.3.2. Rapid shift towards the adoption of competitive intelligence in diverse verticals
5.1.4. Challenges
5.1.4.1. Dearth of skilled and experienced professionals and security concern
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Text Analytics Market, by Component
6.1. Introduction
6.2. Services
6.3.1. Managed Service
6.3.2. Professional Service
6.3. Software
7. Text Analytics Market, by Organization Size
7.1. Introduction
7.2. Large Enterprises
7.3. Small & Medium Enterprises
8. Text Analytics Market, by Deployment
8.1. Introduction
8.2. On-Cloud
8.3. On-Premises
9. Text Analytics Market, by Application
9.1. Introduction
9.2. Customer Experience Management
9.3. Document Management
9.4. Governance, Risk, and Compliance Management
9.5. Marketing Management,
9.6. Workforce Management
10. Americas Text Analytics Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Text Analytics Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Text Analytics Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Altair Engineering Inc.
14.1.2. Averbis GmbH
14.1.3. BasisTech LLC
14.1.4. Bitext Innovations S.L.
14.1.5. Cambridge Semantics, Inc.
14.1.6. Capgemini Services SAS
14.1.7. Elsevier Limited
14.1.8. Expert System Group
14.1.9. Infegy Inc.
14.1.10. InMoment, Inc.
14.1.11. International Business Machines Corporation
14.1.12. IQVIA Inc.
14.1.13. KNIME AG
14.1.14. Luminoso Technologies Inc.
14.1.15. MeaningCloud LLC
14.1.16. Medallia Inc.
14.1.17. Megaputer Intelligence, Inc.
14.1.18. Microsoft Corporation
14.1.19. NICE Ltd.
14.1.20. Open Text Corporation
14.1.21. Oracle Corporation
14.1.22. Qualtrics LLC
14.1.23. SAP SE
14.1.24. SAS Institute Inc.
14.1.25. SciBite Limited
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. TEXT ANALYTICS MARKET RESEARCH PROCESS
FIGURE 2. TEXT ANALYTICS MARKET SIZE, 2023 VS 2030
FIGURE 3. TEXT ANALYTICS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. TEXT ANALYTICS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. TEXT ANALYTICS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. TEXT ANALYTICS MARKET DYNAMICS
FIGURE 7. TEXT ANALYTICS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. TEXT ANALYTICS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. TEXT ANALYTICS MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 10. TEXT ANALYTICS MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. TEXT ANALYTICS MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 12. TEXT ANALYTICS MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. TEXT ANALYTICS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. TEXT ANALYTICS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS TEXT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS TEXT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES TEXT ANALYTICS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES TEXT ANALYTICS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC TEXT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC TEXT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA TEXT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA TEXT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. TEXT ANALYTICS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. TEXT ANALYTICS MARKET SHARE, BY KEY PLAYER, 2023

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