The global text mining market is expected to grow from USD 1.5 billion in 2018 to USD 2.8 billion by 2030, at a CAGR of 12.2% during the forecast period. The major factors driving the growth of this market are the increasing need for data analysis and forecasting, fraud/spam detection, intelligence & law enforcement, customer relationship management (CRM), and increasing adoption of artificial intelligence (AI) technologies in various industries such as healthcare, banking & finance, retail & e-commerce, etc, which is expected to drive the demand for text mining solutions across various industries. The global text mining market has been segmented on the basis of type into OpreMise and ClouBased; on the basis of application into Data Analysis & Forecasting Fraud/Spam Detection Intelligence & Law Enforcement Customer Relationship Management (CRM); and on the basis of region into North America Latin America Europe Asia Pacific Middle East Africa (MEA).
Some Of The Growth Factors Of This Market:
- Text mining is used in various industries such as healthcare, finance, and retail.
- Text mining can be used to extract insights from unstructured data which can help organizations make better decisions and improve their business processes.
- Text mining helps organizations identify patterns in the data that they may not have been able to find otherwise, which can lead to new opportunities for growth and innovation in the industry or organization's field of work.
- The use of text mining has increased due to the increase in digital content available on the internet.
Industry Growth Insights published a new data on “Text Mining Market”. The research report is titled “Text Mining Market research by Types (On-Premise, Cloud-Based, Text Minin), By Applications (Data Analysis & Forecasting, Fraud/Spam Detection, Intelligence & Law Enforcement, Customer Relationship Management (CRM)), By Players/Companies IBM, Microsoft, SAS Institute, SAP SE, RapidMiner, Confirmit, Predixion Software, Lexalytics, Angoss Software, Text Minin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Text Mining Market Research Report
By Type
On-Premise, Cloud-Based, Text Minin
By Application
Data Analysis & Forecasting, Fraud/Spam Detection, Intelligence & Law Enforcement, Customer Relationship Management (CRM)
By Companies
IBM, Microsoft, SAS Institute, SAP SE, RapidMiner, Confirmit, Predixion Software, Lexalytics, Angoss Software, Text Minin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Text Mining Market Report Segments:
The global Text Mining market is segmented on the basis of:
Types
On-Premise, Cloud-Based, Text Minin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Data Analysis & Forecasting, Fraud/Spam Detection, Intelligence & Law Enforcement, Customer Relationship Management (CRM)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Microsoft
- SAS Institute
- SAP SE
- RapidMiner
- Confirmit
- Predixion Software
- Lexalytics
- Angoss Software
- Text Minin
Highlights of The Text Mining Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud-Based
- Text Minin
- By Application:
- Data Analysis & Forecasting
- Fraud/Spam Detection
- Intelligence & Law Enforcement
- Customer Relationship Management (CRM)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Text Mining Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Text mining is the process of extracting valuable information from large text data sets. This can be done by using a variety of different techniques, including but not limited to:nn1. Searching for specific keywords or phrasesn2. Analyzing the structure and content of text documentsn3. Extracting trends and patterns in large data sets
Some of the major companies in the text mining market are IBM, Microsoft, SAS Institute, SAP SE, RapidMiner, Confirmit, Predixion Software, Lexalytics, Angoss Software, Text Minin.
The text mining market is expected to grow at a compound annual growth rate of 12.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Text Mining Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Text Mining Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Text Mining Market - Supply Chain
4.5. Global Text Mining Market Forecast
4.5.1. Text Mining Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Text Mining Market Size (000 Units) and Y-o-Y Growth
4.5.3. Text Mining Market Absolute $ Opportunity
5. Global Text Mining Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Text Mining Market Size and Volume Forecast by Type
5.3.1. On-Premise
5.3.2. Cloud-Based
5.3.3. Text Minin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Text Mining Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Text Mining Market Size and Volume Forecast by Application
6.3.1. Data Analysis & Forecasting
6.3.2. Fraud/Spam Detection
6.3.3. Intelligence & Law Enforcement
6.3.4. Customer Relationship Management (CRM)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Text Mining Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Text Mining Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Text Mining Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Text Mining Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Text Mining Demand Share Forecast, 2019-2026
9. North America Text Mining Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Text Mining Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Text Mining Market Size and Volume Forecast by Application
9.4.1. Data Analysis & Forecasting
9.4.2. Fraud/Spam Detection
9.4.3. Intelligence & Law Enforcement
9.4.4. Customer Relationship Management (CRM)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Text Mining Market Size and Volume Forecast by Type
9.7.1. On-Premise
9.7.2. Cloud-Based
9.7.3. Text Minin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Text Mining Demand Share Forecast, 2019-2026
10. Latin America Text Mining Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Text Mining Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Text Mining Market Size and Volume Forecast by Application
10.4.1. Data Analysis & Forecasting
10.4.2. Fraud/Spam Detection
10.4.3. Intelligence & Law Enforcement
10.4.4. Customer Relationship Management (CRM)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Text Mining Market Size and Volume Forecast by Type
10.7.1. On-Premise
10.7.2. Cloud-Based
10.7.3. Text Minin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Text Mining Demand Share Forecast, 2019-2026
11. Europe Text Mining Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Text Mining Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Text Mining Market Size and Volume Forecast by Application
11.4.1. Data Analysis & Forecasting
11.4.2. Fraud/Spam Detection
11.4.3. Intelligence & Law Enforcement
11.4.4. Customer Relationship Management (CRM)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Text Mining Market Size and Volume Forecast by Type
11.7.1. On-Premise
11.7.2. Cloud-Based
11.7.3. Text Minin
11.8. Basis Point Share (BPS) Analysis by Type
119. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Text Mining Demand Share, 2019-2026
12. Asia Pacific Text Mining Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Text Mining Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Text Mining Market Size and Volume Forecast by Application
12.4.1. Data Analysis & Forecasting
12.4.2. Fraud/Spam Detection
12.4.3. Intelligence & Law Enforcement
12.4.4. Customer Relationship Management (CRM)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Text Mining Market Size and Volume Forecast by Type
12.7.1. On-Premise
12.7.2. Cloud-Based
12.7.3. Text Minin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Text Mining Demand Share, 2019-2026
13. Middle East & Africa Text Mining Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Text Mining Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Text Mining Market Size and Volume Forecast by Application
13.4.1. Data Analysis & Forecasting
13.4.2. Fraud/Spam Detection
13.4.3. Intelligence & Law Enforcement
13.4.4. Customer Relationship Management (CRM)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Text Mining Market Size and Volume Forecast by Type
13.7.1. On-Premise
13.7.2. Cloud-Based
13.7.3. Text Minin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Text Mining Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Text Mining Market: Market Share Analysis
14.2. Text Mining Distributors and Customers
14.3. Text Mining Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsoft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SAS Institute
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SAP SE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RapidMiner
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Confirmit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Predixion Software
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lexalytics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Angoss Software
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Text Minin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook