Text Analytics: Top Drivers that will Enable COVID-19 Recovery
Market Insights to Drive Recovery from COVID-19
The Global Text Analytics Market is projected to grow by $ 14.23 bn, accelerating at a CAGR of over 24.71% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.
Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report
Text Analytics Market: Top Drivers for Growth
^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is Need to improve business efficiency. For more insights on the impact of this and all the other drivers, request for our FREE sample report:
Text Analytics Market: Growth Segments
This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Text Analytics Market is segmented by Deployment (cloud-based and on-premise) and Geography (Europe, North America, APAC, MEA, and South America). Request our Free Sample Report
Text Analytics Market: Alphabet Inc., InMoment Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., NICE Ltd., Open Text Corp., Oracle Corp., Qualtrics LLC, and SAP SE are some of the leading competitors
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., InMoment Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., NICE Ltd., Open Text Corp., Oracle Corp., Qualtrics LLC, and SAP SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report
The report provides insights into the following FAQs:
