TMCnet News
Text Analytics Market Size by Deployment and by Geography | Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2024 | TechnavioThe text analytics market is expected to grow by USD 8.77 billion, progressing at a CAGR of over 20% during the forecast period. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201201005107/en/ Technavio has announced its latest market research report titled Global Text Analytics Market 2020-2024 (Graphic: Business Wire). Click & Get Free Sample Report in Minutes The rising need to improve business efficiency is one of the major factors propelling market growth. More details: https://www.technavio.com/report/text-analytics-market-industry-analysis Text Analytics Market: Deployment Landscape Cloud-based platforms are gaining popularity among end-users because of their cost-effectivity when compared with the on-premise model. The cloud-based model is beneficial for SMEs as it allows them to streamline and automate their daily operations in an efficient manner, reduce errors, and lower operational costs. As a result, the text analytics market growth by the cloud-based segment has been substantial. The growth rate of the cloud-based market segment is expected to be faster compared with the on-premise market segment over the forecast period. Text Analytics Market: Geographic Landscape The rising adoption of advanced technologies in end-user sectors such as telecommunications, BFSI, healthcare, travel and tourism, and retail is contributing to the text analytics market share growth in APAC. The rising penetration of smart mobile devices and improvements in network connectivity are some of the other factors contributing to market growth. Over 33% of the overall market's growth will originate from APAC during the forecast period. China, India, Japan, Singapore, and Australia are the key markets for text analytics in the region. The market growth rate in this region will be the highest than that of other geographies during the forecast period. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Global Analytics Market: The analytics market size has the potential to grow by USD 109.71 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Global Mobile Analytics Market: The mobile analytics market size has the potential to grow by USD 4.39 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005107/en/ |