The process used to analyze an unstructured text, obtain relevant data and then transform it into valuable business intelligence is termed as Text analytics. Emergence of text analytics has enabled companies take crucial business decisions. Furthermore, it has enabled enterprises to curb the language barrier and construct a global user base.
The North American text analytics market is influenced by several drivers, restraints and opportunities. Technologies such as big data analytics in the market are considered to be the major drivers. On the others hand, companies have now come to an understanding that automating data analysis plays an eminent role in helping companies keep up with huge amount of data and use the same to make insightful decisions. The need for improving consumer experience via CRM (Customer Relationship Management) and initiating effective marketing and promotional activities is also driving the market. However, lack of awareness has hindered the market growth to a greater extent.
Get Free Sample Report Of North America Text Analytics Market @ http://www.marketresearchstore.com/report/north-america-text-analytics-market-by-solution-71042#RequestSample
Vendors active in the text analytics industry are continuously discovering and refining the current architecture, to provide their end customers a more efficient solution, which in turn would provide greater opportunities for the market.
The text analytics market is segmented in terms of applications, end customers, industry verticals, deployment model and geography. In terms of applications the study covers search based applications, enterprise applications and others. The need for text analytics is felt greatly in industries such as banking, financial services and insurance, healthcare, government, retail, hospitality and travel and others. Adoption rate of text analytics has increased greatly among small and medium businesses and large enterprises. Deployment model favored by the prominent vendors in the market includes on premise deployment model and cloud based deployment model. The study covers the different countries located in North America.
Do Inquiry To Buy Report Of North America Text Analytics Market @ http://www.marketresearchstore.com/report/north-america-text-analytics-market-by-solution-71042#InquiryForBuying
Today, prominent market players are embracing effective business strategies such as joint ventures and acquisition and mergers to stay competitive. Enterprises are also seen investing in research and development to provide their customers a paramount solution. The key market players covered in the report includes International Business Machines Corporation (or IBM), Microsoft Corporation, SAP, Oracles, SAS, Lexalytics, Smartlogic, Provalis Research, OpenText, Pingar and others.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an extensive assessment of both the current and emerging industrial trends backed by in-depth information on business environment in North America
- Evaluation of the effective marketing strategies and business channel outlined in the report forms an important part of the study
- SWOT analysis of the major brands exhibits their major strengths and weaknesses
- The research further examines competitive landscape and industrial chain structure, to enable business owners identify the adoption rate across different countries
- The research pinpoints new policies, news and technology development thats contributing to the growth rate
NORTH AMERICA TEXT ANALYTICS MARKET SEGMENTS
Market By Application
- Search- based Application
- Enterprise Application
Market By Deployment Model
- On premise Deployment Model
- Cloud based Deployment Model
Market By End Customers
- Large Enterprise
- Small and Medium Business Enterprises
Market Industry Verticals
- Hospitality and Travel
- Government Bodies
- Microsoft Corporation
- Provalis Research
About Market research Store
Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442, USA
USA Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: [email protected]