Text Analytics Market by Type, Stage, End-User Outlook and
2026
Text Analytics Market study provides key insights about market drivers,
restraints, opportunities, new product launches or approval, regional
outlook, and competitive strategies adopted by the leading players.
According to the new market research report Text Analytics Market by Deployment Model
(Cloud, On-Premises),by Application (Competitive Intelligence, Customer Relationship
Management, Predictive Analytics, Fraud Detection and Brand Reputation), by Organization Size
(Small and Medium Enterprises and Large Enterprises), by End Users (Banking, Financial
Services, and Insurance, Retail and E-Commerce, Government and Defense, Healthcare and Life
Sciences, Manufacturing, Telecommunications and Information Technology.), and Geography-
Global Forecast to 2025.
The text analytics is a process of converting unstructured text to meaningful data to understand
the customer demand, product description, and market trend. The increasing demand for
insights from unstructured data is one of the major drivers for growth of the text analytics
market. Due to increasing stiff competition in the market, it become important for the
companies to analyze the demand of their customer, and marketing strategy, which raised the
demand for unstructured data. The company extracts the insights from unstructured data with
the help of text analytics. The social media industry plays a major role for providing unstructured
data to the companies. Moreover, the increasing demand for predictive analytics, growing