TEXT ANALYTICS MARKET ANALYSIS

Name: Text Analytics Market Regional Analysis
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Text Analytics Market, Text Analytics Market Report, Text Analytics Industry Report, Text Analytics Market Size, Text Analytics Market Share, Text Analytics Market Analysis, Text Analytics Market Growth, Text Analytics Market Trends, Text Analytics Market Overview, Text Analytics Market Forecast

Text Analytics Market by Deployment Model (Cloud, On-Premises), Application (Competitive Intelligence, Customer Relationship Management, Predictive Analytics, Fraud Detection and Brand Reputation), Organization Size (Small and Medium Enterprises and Large Enterprises), End Users (Banking, Financial Services, Insurance, Retail, E-Commerce, Telecommunications and Information Technology), and Geography - Global Trends and Forecast to 2025

Published In : Sep 2017
Code : CMI833
Pages :173
Formats :
Excel and PDF
Industry : Information and Communication Technology

Regional Analysis

North America holds a dominant position in the global text analytics market

According to Coherent Market Insights, North America held the dominant position in the global text analytics market in 2016, valued US$ 1045 million and is projected to reach US$ 4,237.6 million by 2025, with a CAGR of 16.9% over the forecast period. The U.S. and Canada are the major countries driving growth of the text analytics market in North America region. This is owing to factors such as dominance of digitalization and high presence of leading companies, provides the dominant position to the market in the region. Moreover, Asia Pacific text analytic market is projected to exhibit largest CAGR of 19.1% over the forecast period. India, China, and Japan are some of the major countries which drives the growth of this market in Asia Pacific region. This is due to factors such as increasing economy and rising online business industry, which fuels the text analytics market in the region.