HOME Top Market Reports Text Analytics Market by Applications (Enterprise, Web-based and Software, Data Analysis, Search-based, Others), Users (SMBs, Enterprises) & Deployment Model (Cloud, On-premise) - Market Forecasts and Analysis (2014-2019)

Text Analytics Market by Applications (Enterprise, Web-based and Software, Data Analysis, Search-based, Others), Users (SMBs, Enterprises) & Deployment Model (Cloud, On-premise) - Market Forecasts and Analysis (2014-2019)

By: marketsandmarkets.com
Publishing Date: April 2014
Report Code: TC 2391

 

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The overall need for effective text analytics solutions and services is steadily growing because of the data insights offered by organizations in taking crucial decisions. Social media intelligence is the next big thing in this market. Technological breakthroughs such as real-time language processing have helped companies to overcome the language barrier and build a global customer base. Sentiment analysis has helped to understand the customer needs through response analysis. Big data analytics is gradually picking up pace to offer solutions to organizations. Interactive dashboard with customized graphics offers easy software handling. With cloud deployable solutions, text analytics offerings are easily implemented with low setup costs for efficient operations.

The text analytics market is fast gaining traction which is evident from the acquisitions of Autonomy by HP, Netbreeze by Microsoft, and KXEN by SAP and Extended Results by TIBCO. The key players such as IBM, SAP, Microsoft, Oracle, and HP offer products and solutions for enterprises, and Small and Medium Businesses (SMBs). There are many other players such as MicroStrategy who provide solutions in partnership with other niche players.

This report analyzes global adoption trends; future growth potentials; key drivers, restraints, and opportunities; and best practices in the text analytics market. The report also examines growth potential, market sizes and revenue forecasts across different regions as well as industry verticals.

The report forecasts the market sizes and trends for text analytics in the following sub-markets:

On the basis of applications:

  • Enterprise Applications
  • Web-Based and Software Applications
  • Data Analysis Applications
  • Search-Based Applications
  • Other Applications

On the basis of users:

  • Small and Medium Businesses (SMBs)
  • Enterprises

On the basis of deployment:

  • Cloud
  • On-Premise

On the basis of industry verticals:

  • Banking, Financial Services and Insurance (BFSI)
  • Consumer Packaged Goods
  • Healthcare and Pharma
  • High-Tech
  • Manufacturing
  • Retail and Hospitality
  • Telecommunications
  • Others

On the basis of regions:

  • North America (NA)
  • Europe
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America

Customization Options:

With market data, you can also customize MarketsandMarkets assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and country-specific deep dive analysis of the following parameters:

Applications

  • Usage pattern (in-depth trend analysis) of applications by industry type and user type
Industry
  • Usage pattern (in-depth trend analysis) of text analytics in industries by user type and application type

User

  • Usage pattern (in-depth trend analysis) of text analytics users (SMBs and Enterprises) by application type

Deployment

  • Usage pattern (in-depth trend analysis) of text analytics deployment modes (Cloud or On-Premise) by user type

 Potential Report Titles

  • ‘Social Media Analytics’ as social media intelligence is the next big thing in the text analytics market, as many organizations are extensively using social media platform for brand building
  • ‘Big Data Analytics’ as the data keeps growing in volume, velocity, variety and complexity giving rise to big data and seeking the meaning out of big data remains a challenge ignored in industry competition

Table Of Contents
 
1 Introduction (Page No. - 17)
  1.1 Key Take-Aways
  1.2 Report Description
  1.3 Markets Covered
  1.4 Stakeholders
  1.5 Research Methodology
      1.5.1 Key Data Points
      1.5.2 Data Triangulation and Market Forecasting
  1.6 Forecast Assumptions

2 Executive Summary (Page No. - 24)
  2.1 Abstract
  2.2 Overall Market Size

3 Text Analytics Market Overview (Page No. - 26)
  3.1 Market Definition
  3.2 Market Evolution
  3.3 Market Segmentation
  3.4 Market Dynamics
      3.4.1 Drivers
            3.4.1.1 Growing Social Media Analysis for Brand Building
            3.4.1.2 Emergence of Multilingual Text Analytics to Break the Language Barrier
            3.4.1.3 Unexplored Potential Lying In Big Data
            3.4.1.4 Rise in Financial Frauds
      3.4.2 Restraints
            3.4.2.1 Lack of End Use Awareness and Software Handling
            3.4.2.2 Making Every Information Count
            3.4.2.3 Deployment Cost and Compliance With Present It Infrastructure
      3.4.3 Opportunities
            3.4.3.1 Added Advantage of Predictive Analytics
            3.4.3.2 Credibility to Analyze Big Data
      3.4.4 Impact Analysis of DROS
      3.4.5 Value Chain

4 Text Analytics Market Size and Forecast By Applications (Page No. - 35)
  4.1 Introduction
      4.1.1 Market Size and Forecast
  4.2 Enterprise Applications
      4.2.1 Overview
      4.2.2 Market Size and Forecast by Verticals
      4.2.3 Market Size and Forecast by Regions
  4.3 Web-Based and Software Applications
      4.3.1 Overview
      4.3.2 Market Size and Forecast by Verticals
      4.3.3 Market Size and Forecast by Regions
  4.4 Data Analysis Applications
      4.4.1 Overview
      4.4.2 Market Size and Forecast by Verticals
      4.4.3 Market Size and Forecast by Regions
  4.5 Search-Based Applications
      4.5.1 Overview
      4.5.2 Market Size and Forecast by Vertical
      4.5.3 Market Size and Forecast by Regions
  4.6 Others
      4.6.1 Overview
      4.6.2 Market Size and Forecast by Verticals
      4.6.3 Market Size and Forecast by Regions

5 Text Analytics Market Size and Forecast by Users (Page No. - 67)
  5.1 Introduction
      5.1.1 Market Size and Forecast
  5.2 Small and Medium Businesses
      5.2.1 Overview
      5.2.2 Market Size and Forecast by Regions
  5.3 Enterprises
      5.3.1 Overview
      5.3.2 Market Size and Forecast by Regions

6 Text Analytics Market Size and Forecast by Deployment Model (Page No. - 74)
  6.1 Introduction
      6.1.1 Market Size and Forecast
  6.2 Cloud
      6.2.1 Overview
      6.2.2 Market Size and Forecast by Regions
  6.3 On Premise
      6.3.1 Overview
      6.3.2 Market Size and Forecast by Regions

7 Text Analytics Market Size and Forecast by Verticals (Page No. - 82)
  7.1 Introduction
      7.1.1 Market Size and Forecast
  7.2 Banking, Financial Services, and Insurance (BFSI)
      7.2.1 Overview
      7.2.2 Market Size and Forecast by Regions
  7.3 Consumer Packaged Goods
      7.3.1 Overview
      7.3.2 Market Size and Forecast by Regions
  7.4 Healthcare and Pharma
      7.4.1 Overview
      7.4.2 Market Size and Forecast by Regions
  7.5 High Tech
      7.5.1 Overview
      7.5.2 Market Size and Forecast by Regions
  7.6 Manufacturing
      7.6.1 Overview
      7.6.2 Market Size and Forecast by Regions
  7.7 Retail and Hospitality
      7.7.1 Overview
      7.7.2 Market Size and Forecast by Regions
  7.8 Telecommunications
      7.8.1 Overview
      7.8.2 Market Size and Forecast by Regions
  7.9 Others
      7.9.1 Overview
      7.9.2 Market Size and Forecast by Regions

8 Text Analytics Market Size and Forecast By Regions (Page No. - 104)
  8.1 Introduction
      8.1.1 Parfait Chart
      8.1.2 Market Size and Forecast
  8.2 North America
      8.2.1 Overview
      8.2.2 Market Size and Forecast by Applications
  8.3 Europe
      8.3.1 Overview
      8.3.2 Market Size and Forecast by Applications
  8.4 Asia Pacific
      8.4.1 Overview
      8.4.2 Market Size and Forecast by Applications
  8.5 Middle East and Africa
      8.5.1 Overview
      8.5.2 Market Size and Forecast by Applications
  8.6 Latin America
      8.6.1 Overview
      8.6.2 Market Size and Forecast by Applications

9 Text Analytics Market Landscape (Page No. - 119)
  9.1 Competitive Landscape
      9.1.1 Ecosystem and Roles
      9.1.2 Portfolio Comparison
  9.2 End User Landscape
      9.2.1 Market Opportunity Analysis
      9.2.2 End User Analysis

10 Company Profiles (Overview, Products & Services, Strategies & Insights, Developments and MNM View)* (Page No. - 124)
   10.1 Attensity
   10.2 Clarabridge
   10.3 Hewlett Packard
   10.4 IBM
   10.5 Microsoft
   10.6 Oracle
   10.7 SAP
   10.8 SAS
   10.9 Tableau Software
   10.10 Tibco Software

*Details On Overview, Products & Services, Strategies & Insights, Developments And MNM View Might Not Be Captured In Case Of Unlisted Companies.

Appendix (Page No. - 164)
Mergers and Acquisitions
Venture Capital Funding
 
 
List Of Tables (68 Tables)
 
Table 1 Text Analytics Market Size, 2013-2019 ($Billion)
Table 2 Impact Analysis Of DROS
Table 3 Text Analytics Market Size, By Applications,2013-2019 ($Million)
Table 4 Text Analytics Market, By Applications, 2014-2019 (Y-O-Y %)
Table 5 Enterprise Applications Market Size, By Verticals,2013-2019 ($Million)
Table 6 Enterprise Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Table 7 Enterprise Applications Market Size, By Regions,2013-2019 ($Million)
Table 8 Enterprise Applications Market, By Regions,2014-2019 (Y-O-Y %)
Table 9 Web-Based and Software Applications Market Size, By Verticals, 2013-2019 ($Million)
Table 10 Web-Based and Software Applications Market, By Verticals, 2014-2019 (Y-O-Y %)
Table 11 Web-Based and Software Applications Market Size, By Regions, 2013-2019 ($Million)
Table 12 Web-Based and Software Applications Market, By Regions, 2014-2019 (Y-O-Y %)
Table 13 Data Analysis Applications Market Size, By Verticals,2013-2019 ($Million)
Table 14 Data Analysis Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Table 15 Data Analysis Applications Market Size, By Regions,2013-2019 ($Million)
Table 16 Data Analysis Applications Market, By Regions,2014-2019 (Y-O-Y %)
Table 17 Search-Based Applications Market Size, By Verticals,2013-2019 ($Million)
Table 18 Search-Based Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Table 19 Search-Based Applications Market Size, By Regions,2013-2019 ($Million)
Table 20 Search-Based Applications Market, By Regions,2014-2019 (Y-O-Y %)
Table 21 Other Applications Market Size, By Verticals,2013-2019 ($Million)
Table 22 Other Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Table 23 Other Applications Market Size, By Regions,2013-2019 ($Million)
Table 24 Other Applications Market, By Regions,2014-2019 (Y-O-Y %)
Table 25 Text Analytics: Market Size, By Users, 2013-2019 ($Million)
Table 26 Market, By Users, 2014-2019 (Y-O-Y %)
Table 27 Small And Medium Businesses Market Size, By Regions,2013-2019 ($Million)
Table 28 Small And Medium Businesses Market, By Regions,2014-2019 (Y-O-Y %)
Table 29 Enterprises Market Size, By Regions, 2013-2019 ($Million)
Table 30 Enterprises Market, By Regions, 2014-2019 (Y-O-Y %)
Table 31 Market Size, By Deployment Model,2013-2019 ($Million)
Table 32 Text Analytics Market, By Deployment Model,2014-2019 (Y-O-Y %)
Table 33 Cloud Market Size, By Regions, 2013-2019 ($Million)
Table 34 Cloud Market, By Regions, 2014-2019 (Y-O-Y %)
Table 35 On Premise Market Size, By Regions, 2013-2019 ($ Million)
Table 36 On Premise Market, By Regions, 2014-2019 (Y-O-Y %)
Table 37 Market Size, By Verticals,2013-2019 ($ Million)
Table 38 Text Analytics Market, By Verticals, 2014-2019 (Y-O-Y %)
Table 39 BFSI Market Size, By Regions, 2013-2019 ($Million)
Table 40 BFSI Market, By Regions, 2014-2019 (Y-O-Y %)
Table 41 Consumer Packaged Goods Market Size, By Regions,2013-2019 ($Million)
Table 42 Consumer Packaged Goods Market, By Regions,2014-2019 (Y-O-Y %)
Table 43 Healthcare And Pharma Market Size, By Regions,2013-2019 ($ Million)
Table 44 Healthcare And Pharma Market, By Regions,2014-2019 (Y-O-Y %)
Table 45 High Tech Market Size, By Regions, 2013-2019 ($Million)
Table 46 High Tech Market, By Regions, 2014-2019 (Y-O-Y %)
Table 47 Manufacturing Market Size, By Regions,2013-2019 ($Million)
Table 48 Manufacturing Market, By Regions, 2014-2019 (Y-O-Y %)
Table 49 Retail And Hospitality Market Size, By Regions,2013-2019 ($Million)
Table 50 Retail And Hospitality Market, By Regions,2014-2019 (Y-O-Y %)
Table 51 Telecommunications Market Size, By Regions,2013-2019($Million)
Table 52 Telecommunications Market, By Regions,2014-2019 (Y-O-Y %)
Table 53 Others Market Size, By Regions, 2013-2019 ($Million)
Table 54 Others Market, By Regions, 2014-2019 (Y-O-Y %)
Table 55 Text Analytics Market Size, By Regions, 2013-2019 ($Million)
Table 56 Text Analytics Market, By Regions, 2014-2019 (Y-O-Y %)
Table 57 North America Market Size, By Applications,2013-2019 ($Million)
Table 58 North America Market, By Applications,2014-2019 (Y-O-Y %)
Table 59 Europe Market Size, By Applications, 2013-2019 ($Million)
Table 60 Europe Market, By Applications, 2014-2019 (Y-O-Y %)
Table 61 APAC Market Size, By Applications, 2013-2019 ($Million)
Table 62 APAC Market, By Applications, 2014-2019 (Y-O-Y %)
Table 63 Mea Market Size, By Applications, 2013-2019 ($Million)
Table 64 Mea Market, By Applications, 2014-2019 (Y-O-Y %)
Table 65 Latin America Market Size, By Applications,2013-2019 ($Million)
Table 66 Latin America Market, By Applications, 2014-2019 (Y-O-Y %)
Table 67 Mergers and Acquisitions
Table 68 Venture Capital Funding
 
 
List Of Figures (41 Figures)
 
Figure 1 Data Triangulation
Figure 2 Text Analytics Market Size And Growth Rate,2013-2019 ($Billion, Y-O-Y %)
Figure 3 Market Evolution
Figure 4 Text Analytics: Market Segmentation
Figure 5 Value Chain
Figure 6 Text Analytics: Market, By Applications, 2014-2019 (Y-O-Y %)
Figure 7 Enterprise Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Figure 8 Enterprise Applications Market, By Regions,2014-2019 (Y-O-Y %)
Figure 9 Web-Based and Software Applications Market, By Verticals, 2014-2019 (Y-O-Y %)
Figure 10 Web-Based and Software Applications Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 11 Data Analysis Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Figure 12 Data Analysis Applications Market, By Regions,2014-2019 (Y-O-Y %)
Figure 13 Search-Based Applications Market, By Verticals,2014-2019 (Y-O-Y %)
Figure 14 Search-Based Applications Market, By Regions,2014-2019 (Y-O-Y %)
Figure 15 Other Applications Market, By Verticals, 2014-2019 (Y-O-Y %)
Figure 16 Other Applications Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 17 Text Analytics Market, By Users, 2014-2019 (Y-O-Y %)
Figure 18 Small And Medium Businesses Market, By Regions,2014-2019 (Y-O-Y %)
Figure 19 Enterprises Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 20 Text Analytics Market, By Deployment Model,2014-2019 (Y-O-Y %)
Figure 21 Cloud Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 22 On Premise Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 23 Text Analytics: Market, By Verticals, 2014-2019 (Y-O-Y %)
Figure 24 BFSI Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 25 Consumer Packaged Goods Market, By Regions,2014-2019 (Y-O-Y %)
Figure 26 Healthcare And Pharma Market, By Regions,2014-2019, (Y-O-Y %)
Figure 27 High Tech Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 28 Manufacturing Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 29 Retail And Hospitality Market, By Regions,2014-2019 (Y-O-Y %)
Figure 30 Telecommunications Market, By Regions,2014-2019 (Y-O-Y %)
Figure 31 Others Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 32 Parfait Chart
Figure 33 Text Analytics Market, By Regions, 2014-2019 (Y-O-Y %)
Figure 34 North America Market, By Applications, 2014-2019 (Y-O-Y %)
Figure 35 Europe Market, By Applications, 2014-2019 (Y-O-Y %)
Figure 36 APAC Market, By Applications, 2014-2019 (Y-O-Y %)
Figure 37 Mea Market, By Applications, 2014-2019 (Y-O-Y %)
Figure 38 Latin America Market, By Applications, 2014-2019 (Y-O-Y %)
Figure 39 Ecosystem
Figure 40 Portfolio Comparison
Figure 41 Text Analytics: Market Opportunity Analysis

Text analytics has become crucial for smooth running of businesses across the globe. Text analytics software empowers its end users to execute data analysis for gaining useful insights. The market is growing at a rapid pace as companies are gradually realizing the importance of implementing analytics. The verticals account for the popularity include banking, financial services and insurance (BFSI), consumer packaged goods, healthcare and pharmaceuticals, high-tech, manufacturing, retail and hospitality, and telecommunications.

Text analytics solutions are capable to process unstructured data in the same manner it processes structured data. Natural language processing toolkits are competent to overcome any language barrier and draw information from unknown languages. The companies analyze data from social media sites to promote brand building, and to develop a customer centric business approach. Social media analytics powered with sentiment analysis helps in understanding customer psychology and thought process. Through predictive analytics, organizations can simulate the future trends by using the information of existing trends.

Modern day text analytics software offers user friendly interface with graphics for better representation of analysis, and can be operated using a personal device with customized applications. Real-time analytics comes into picture when last minute changes need to be included in the analysis and accuracy and consistency need to be observed. Attending to the large amount of data could be tedious and complicated; but with this analytics being implemented it becomes easier to tackle this large amount of data and deliver valuable insights.

Text analytics is no longer restricted as a business tool only for large enterprises. Its ease in integration and IT adaptability makes it suitable for organizations of any size. The total text analytics market is estimated to grow from $1.64 billion in 2014 to $4.90 billion in 2019, at a CAGR of 18.1% during the forecast period 2014-2019.

The overall size of text analytics market is the summation of the market size of applications.

Text Analytics Market Size, 2013-2019 ($Billion)

Text Analytics Market

Source: MarketsandMarkets Analysis

Text Analytics, Market Size and Growth Rate, 2013-2019 ($Billion, Y-O-Y %)

Text Analytics Market

Source: MarketsandMarkets Analysis

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