Global Text Analytics Market to Reach $26.6 Billion by 2030
The global market for Text Analytics estimated at US$7.3 Billion in the year 2022, is projected to reach a revised size of US$26.6 Billion by 2030, growing at a CAGR of 17.5% over the analysis period 2022-2030. On-Premise, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$13.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud segment is readjusted to a revised 22% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 16.7% CAGR
The Text Analytics market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 16.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.7% and 15.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.7% CAGR.Select Competitors (Total 163 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.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 253 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.3 Billion |
Forecasted Market Value ( USD | $ 26.6 Billion |
Compound Annual Growth Rate | 17.5% |
Regions Covered | Global |