According to the new market research "North America Text Analytics - By Type
(Solution and Services), by Vertical (Retail, Manufacturing, Healthcare, Media
& Entertainment, Advertising, Banking Financial Services, and Insurance
(BFSI), by Country -Market Size And Forecast (2014-2019)", this market
is estimated to grow from $827.1 million in 2014 to $1,995.8 million by 2019,
at a Compound Annual Growth Rate (CAGR) of 19.3% from 2014 to 2019.
North America Text Analytics market report defines and
segments the Text Analytics market in North America with analysis and forecast
of revenue. Key players in the North America Text Analytics Market include
Dummy SAP Software and Cloud Subscriptions, Dummy Oracle Services Microsoft
Business Division and others.
Browse through the TOC of North America Text Analytics market for an analysis of industry
trends, segments & forecasts.
Text analytics is used to process a bulk of unstructured data
in a short span of time. The organizations have started adopting this
technology on a large scale as it facilitates extraction of valuable
information from scattered texts populated all over the web.
With the help of sorted useful information, the organizations
develop customer centric business approach and promote brand building. Language
was one of the biggest challenges for this technology; however, with the
advancement of technology, analytics software is now capable of drawing
information from different languages.
The user friendly interface and the ability to represent the
analysis in a far better way has made text analytics solution a lucrative means
to do business.
Ask for Discount on North America Text Analytics Market
Being a technologically advanced region, North America holds
a maximum share of 38.7% of the overall text analytics market which is expected
to grow to 40.4% by 2019. The organizations in this region are considered to be
the most techno savvy and innovative.
The quest for having a competitive edge over other
competitors has enabled most of the organizations to exploit the advanced
technologies and get the best out of them.
Moreover, rapid adoption of mobile technology and extensive use of
social media is also contributing to the growth of text analytics market in
North America.
North America Text Analytics market is segmented and
forecast on the basis of submarkets such as data analysis applications,
enterprise applications, search-based applications, web-based and software
applications and others. The North America Text Analytics market is also
segmented on the basis of major countries in this region such as the U.S.,
Canada and others.
The report includes market share and value chain analyses,
and market metrics such as drivers and restraints. In addition, it presents a
competitive landscape and company profiles of the key players in this market.
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