Text Analytics Market Projected to $4.90 Billion by 2019 - New Report by MarketsandMarkets The Text Analytics Market research report focuses on global adoption trends, future growth potentials, key drivers, restraints, and opportunities.( http://www.marketsandmarkets.com/Market-Reports/text-analytics-market-253879369.html) (PRWEB) June 03, 2014 -- The report "Text Analytics Market by Applications (Enterprise, Web-based and Software, Data Analysis, Search-based, Others), by Users (SMBs, Enterprises), by Deployment Model (Cloud, On-Premise) - Market Forecasts and Analysis (2014-2019)" defines and segments the global Text Analytics Market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, and the restraints and opportunities impacting it along with the adoption trends. Browse 68 market data Tables and 41 Figures spread through 166 Pages and in-depth TOC on “Text Analytics Market.� http://www.marketsandmarkets.com/Market-Reports/text-analytics-market-253879369.html Early buyers will receive 10% customization on this report. Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=253879369. MarketsandMarkets broadly segments the global Text Analytics Market by regions: North America (NA), Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by applications: enterprise, web-based and software, data analysis, search-based and others; by deployment model: cloud and on-premise; by users: Small And Medium-sized Businesses (SMBs) and enterprises; by industry verticals: Banking, Financial Services, and Insurance (BFSI), consumer packaged goods, healthcare and pharma, hightech, manufacturing, retail and hospitality, telecommunications and others. The vendors in the Text Analytics Market are constantly innovating and remodeling the existing architecture in order to develop more efficient software. Major vendors in the Text Analytics Market include IBM, HP, Microsoft, Oracle, and SAP. The major forces driving this market are better customer understanding, and improved decision-making using the insights obtained from data analysis. Technologies like big data analytics and predictive analytics in the Text Analytics Market have promising growth opportunities for industry players. Text analytics offers a more tactical approach by providing actionable insights from analyzed data. Organizations have realized that in order to keep up with this enormous amount of information, they need to automate their data analysis. Text analytics has huge potential in improving customer experience through Customer Relationship Management (CRM) and exercising marketing and branding activities more efficiently and effectively. Text analytics has empowered organizations to extract valuable business insights from textual sources such as survey responses, email and messaging, contact center notes, traditional and social media, etc. For a customer centric approach text analytics could be the answer to survey analysis for attending to the needs of customers by understanding their responses better and in a more competent way. Social media platforms are among the top
PRWeb ebooks - Another online visibility tool from PRWeb