Text Analytics - Global Market Trajectory & Analytics

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Global Text Analytics Market to Reach $15.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Text Analytics estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$15.8 Billion by 2027, growing at a CAGR of 16.8% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 15.4% CAGR and reach US$11 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 20.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 16.2% CAGR

The Text Analytics market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2027 trailing a CAGR of 16.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15% and 14.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.

Select Competitors (Total 42 Featured):

Averbis GmbH
Bitext Innovations S.L.
Clarabridge, Inc.
IBM Corporation
Infegy, Inc.
KNIME AG
Lexalytics, Inc.
Luminoso Technologies, Inc.
Meaningcloud LLC
Megaputer Intelligence, Inc.
OpenText Corporation
SAP SE
SAS Institute, Inc.

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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Current & Future Analysis for Text Analytics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 2: World 7-Year Perspective for Text Analytics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
Table 3: World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 4: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 5: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 6: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 7: World Current & Future Analysis for Customer experience management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 8: World 7-Year Perspective for Customer experience management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 9: World Current & Future Analysis for Marketing management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 10: World 7-Year Perspective for Marketing management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 11: World Current & Future Analysis for Governance, risk, and compliance management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 12: World 7-Year Perspective for Governance, risk, and compliance management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 13: World Current & Future Analysis for Document management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 14: World 7-Year Perspective for Document management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 15: World Current & Future Analysis for Workforce management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 16: World 7-Year Perspective for Workforce management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
Table 17: World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 18: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 19: USA Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 20: USA 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 21: USA Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 22: USA 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
CANADA
Table 23: Canada Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 24: Canada 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 25: Canada Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 26: Canada 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
JAPAN
Table 27: Japan Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 28: Japan 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 29: Japan Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 30: Japan 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
CHINA
Table 31: China Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 32: China 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 33: China Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 34: China 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
EUROPE
Table 35: Europe Current & Future Analysis for Text Analytics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 36: Europe 7-Year Perspective for Text Analytics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
Table 37: Europe Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 38: Europe 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 39: Europe Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 40: Europe 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
FRANCE
Table 41: France Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 42: France 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 43: France Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 44: France 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
GERMANY
Table 45: Germany Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 46: Germany 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 47: Germany Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 48: Germany 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
ITALY
Table 49: Italy Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 50: Italy 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 51: Italy Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 52: Italy 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
UNITED KINGDOM
Table 53: UK Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 54: UK 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 55: UK Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 56: UK 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
REST OF EUROPE
Table 57: Rest of Europe Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 58: Rest of Europe 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 59: Rest of Europe Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 60: Rest of Europe 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
ASIA-PACIFIC
Table 61: Asia-Pacific Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 62: Asia-Pacific 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 63: Asia-Pacific Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 64: Asia-Pacific 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027
REST OF WORLD
Table 65: Rest of World Current & Future Analysis for Text Analytics by Component - Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 66: Rest of World 7-Year Perspective for Text Analytics by Component - Percentage Breakdown of Value Sales for Software and Services for the Years 2020 & 2027
Table 67: Rest of World Current & Future Analysis for Text Analytics by Application - Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 68: Rest of World 7-Year Perspective for Text Analytics by Application - Percentage Breakdown of Value Sales for Customer experience management, Marketing management, Governance, risk, and compliance management, Document management, Workforce management and Other Applications for the Years 2020 & 2027

IV. COMPETITION

Total Companies Profiled: 42

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