Report Highlights
The global market for text analytics should grow from $7.3 billion in 2020 to $16.6 billion by 2025, at a compound annual growth rate (CAGR) of 23.0% for the period of 2020-2025.
Report Includes
- 68 tables
- An overview of the global market for text analytics within the industry
- Analyses of the global market trends, with data from 2019-2020, estimates for 2021 and 2023, and projections of compound annual growth rates (CAGRs) through 2025
- Assessment of the value chain of the text analytics industry ecosystem
- Highlights of the impact of COVID-19 pandemic on the text analytics industry
- Estimation of market size and revenue forecasts for text analytics industry, and corresponding market share analysis by deployment type, application, end user, and geographical region
- Understanding of upcoming market opportunities and areas of focus to forecasting the market into various segments
- Identification of major stakeholders in the text analytics market and analysis of competitive landscape for the market leaders
- Insight into market dynamics featuring drivers and restraints, and other macroeconomic factors affecting the text analytics industry
- Detailed profiles of the major players including Alphabet Inc., Amazon.com, Basis Technology, IBM, Microsoft, SAS, and Texifter LLC
Report Scope
The report provides an overview of the global market for text analytics and analyzes market trends. Using 2019 as the base year, the report provides estimated market data for the forecast period 2020 through 2025. Revenue forecasts for this period are segmented based on deployment, application, end-user, and geography. Market values have been estimated based on the total revenues of software and services.
The report also focuses on the major driving trends and challenges that will affect the market and the vendor landscape. The report explains the competitive landscape and current trends in the text analytics market. The report concludes with an analysis of the text analytics vendor landscape and includes detailed profiles of the major players in the global text analytics market.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Bioprocess Optimization and Digital Bio-manufacturing: Global Markets (BIO170B)
- Metal-organic Frameworks: Global Markets (AVM200B)
- Laboratory Animal Models, 3D Cultures, and Organoids: Global Markets (PHM204C)
- Global DNA Sequencing: Research, Applied and Clinical Markets (BIO045J)
- Surgical Equipment: Technologies and Global Markets (HLC154C)
Related Reports
Synthetic Data Generation: Global Markets
The report provides an overview on the current size and anticipated growth of the overall synthetic data generation market and its related segments. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. The report focuses on the drivers and challenges that affect the market and the vendor landscape and also covers the leading solution providers, trends in end-user preferences and geographic market opportunities.
Natural Language Processing (NLP): Global Market Analysis and Insights
The global natural language processing (NLP) market should reach $92.7 billion by 2028 from $29.1 billion in 2023 at a compound annual growth rate (CAGR) of 26.1% for the forecast period of 2023 to 2028.
Customer Relationship Management (CRM) Software: Global Markets
The global CRM software market reached $56.2 billion in 2022 and should reach $103.5 billion by 2027, with a compound annual growth rate (CAGR) of 13% during the forecast period of 2022-2027.
2021 Analytics Research Review
BCC Research Market Analytics Research Review provides a sampling of the type of quantitative market information, analysis and guidance for business decision making.
Recent Reports
Smart Transportation: Technologies and Markets
The global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029, at a compound annual growth rate (CAGR) of 21.7% from 2024 through 2029.
Global Private 5G Network Market
The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.
Global IoT Testing Services Market
This report analyses the global market trends in IoT testing services with data from 2023, estimates for 2024, and projected CAGRs through 2029. It analyzes patent activity and emerging technologies in the IoT testing services market. The report also examines the competition among major players and provides profiles of leading companies.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Cybersecurity: Technologies and Global Markets
The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More