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Content Analytics Market-Increasing Competition In Several Key Application SectorsThe vendor landscape of the global content analytics market is moderately fragmented and decently competitive owing to a well-established demand dynamics across the globe, observes Transparency Market Research in a recent report. Rising demand for a variety of content analytics tools across industries such as retail, telecommunications, banking, financial services, and insurance, and manufacturing has compelled several IT giants to venture into the field in the past few years. The consecutive rise in number of products available, need to reduce costs of products and services to acquire a larger consumer base, and the need to develop innovative products to outpace peers have all made the market increasingly competitive and will continue to make the competition intense in the next few years as well. Some of the leading companies in the market are SAS, IBM, Microsoft Corporation, HPE, Oracle Corporation, OpenText Corporation, Google Inc., Nice Systems, Adobe Systems, and SAP. PDF Brochure With Future Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13382 Text Analytics to Remain Most Practiced Content Analysis Variety Of the key applications of content analytics, the segment of text analytics is presently the dominant contributor of revenue to the global market. The segment accounted for a nearly 24% of the overall market in 2017 and is likely to remain dominant over the report’s forecast period as well. This is owing to the high popularity of text input in several media, including but not limited to social media and due to the fact that text content contributes to a large chunk of the material processed in content analytics. Download Table Of Content @ https://www.transparencymarketresearch.com/report-toc/13382 Mounting Volumes of Business Data to Continue to Lead to Promising Demand for Content Analytics Solutions One of the key factors fueling the global big data analytics market is the massive rise in business content of a variety of type in the past few years. The increased awareness regarding the several advanced methods that can be used to derive rich information, which can be further used to take informed business decisions, from the massive business data accumulated every day is leading to the increased adoption of content analytics. The increased use of digital information input methods will continue to lead to an incremental rise in business data in the future years as well, thus promising good growth prospects for the content analytics market as well. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |