Sentiment Analysis Software

Sentiment Analysis Software

Global Sentiment Analytics Market to Reach $6.7 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Sentiment Analytics estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$6.7 Billion by 2027, growing at a CAGR of 14.1% over the analysis period 2020-2027. Retail, one of the segments analyzed in the report, is projected to record a 13.3% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the BFSI segment is readjusted to a revised 14.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $767.2 Million, While China is Forecast to Grow at 13.3% CAGR

The Sentiment Analytics market in the U.S. is estimated at US$767.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 13.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 12.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.

Healthcare & Life Sciences Segment to Record 16.7% CAGR

In the global Healthcare & Life Sciences segment, USA, Canada, Japan, China and Europe will drive the 16.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$357.3 Million in the year 2020 will reach a projected size of US$1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 136 Featured) -

• Angoss Software Corporation
• Bitext Innovations S.L.
• Brandwatch
• Clarabridge, Inc.
• IBM Corporation
• Lexalytics, Inc.
• Meltwater US Inc.
• OdinText, Inc.
• Open Text Corp
• QuestionPro Inc.
• Reputation Refinery LLC (Trackur)
• SAS Institute, Inc.
• Social Smart Software, LLC.
• SRA International, Inc (NetOwl)

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