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Global Text Analytics Market Size, Status, study & 2025 Forecast Report

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Text Analytics market is expected to grow US$ 18.28 Bn by 2025 from US$ 2.59 Bn in 2016. – PowerPoint PPT presentation

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Title: Global Text Analytics Market Size, Status, study & 2025 Forecast Report


1
Global Text Analytics Market
2
Summary
  • Text Analytics market is expected to grow US
    18.28 Bn by 2025 from US 2.59 Bn in 2016.
  • The global text study market is primarily driven
    by increase in the volume of unstructured data.
    Increasing utilization of social media platforms,
    consumer shifting trends towards online buying
    and increasing digitalization are some of the
    factors contributing to increase in unstructured
    data.
  • study of unstructured data can uncover key
    patterns capable of forming the basis of decision
    making in various organizations.

3
(No Transcript)
4
  • Traditionally, the data is study by an individual
    which becomes ineffective as the volume of data
    increases.
  • This necessitates use of text study software
    capable of handling large volume of data set
    capable of finding hidden patterns which assist
    in decision making purpose. Moreover, companies
    are able to exploit only 30 of unstructured data
    generated, this low percentage represents
    significant opportunity for vendors to develop
    study solutions featured with advanced
    capabilities including machine learning, NLP and
    language support.

5
  • Reasons to buy
  • Highlights key business priorities in order to
    assist companies to realign their business
    strategies.
  • The key findings and recommendations highlight
    crucial progressive industry trends in the text
    analytics market, thereby allowing players to
    develop effective long term strategies.
  • Develop/modify business expansion plans by using
    substantial growth offering developed and
    emerging markets.

6
  • Scrutinize in-depth global market trends and
    outlook coupled with the factors driving the
    market, as well as those hindering it.
  • Enhance the decision-making process by
    understanding the strategies that underpin
    commercial interest with respect to products,
    segmentation and industry verticals.

7
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8
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9
Full Report
Text Analytics Market
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