The Text Analysis Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Text Analysis Software Market?
The market size of the text analysis software has experienced massive growth in recent years. The market is projected to increase from $4.84 billion in 2024 to $5.85 billion in 2025, with a compound annual growth rate (CAGR) of 20.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Text Analysis Software Industry?
The global market for text analysis software is projected to expand significantly in the coming years, reaching a value of $12.37 billion in 2029. This represents a Compound Annual Growth Rate (CAGR) of 20.6% during the
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What are the Key Growth Drivers Fueling the Text Analysis Software Market?
The key drivers in the text analysis software market are:
• Surge in the usage of social media platforms.
• Heightened need for predictive analytics.
• Rise in technological investment.
• Increasing demand for enhanced customer experience.
Global Market Segmentation: Identifying Major Text Analysis Software Industry Segments
The text analysis software market covered in this report is segmented –
1) By Product: Clouds-Based, On-Premise
2) By Functionality: Text Analytics, Sentiment Analysis, Predictive Analytics, Social Media Monitoring, Other Functionalities
3) By Application: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By End-User: Banking, Financial Services, And Insurance (BFSI), Retail, Healthcare, Manufacturing, Other End-Users
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What are the Emerging Trends Shaping the Future of the Text Analysis Software Market?
The key trends in the text analysis software market are:
• The future market is being shaped by advances in technology and new introductions.
• There is a growing trend of adopting text analysis software.
• The field of artificial intelligence and natural language processing continues to evolve, influencing the market.
• The significant role of social media platforms is becoming increasingly apparent in the market.
Who Are the Top Competitors & Leading Players in the Text Analysis Software Market?
Major companies in the text analysis software market are:
• Amazon.com Inc.
• Google LLC
• Microsoft Corporation
• International Business Machines Corporation (IBM Corporation)
• SAP SE
• QSR International Inc.
• SAS Institute Inc.
• Ascribe GmbH
• Expert System S.p.A.
• KNIME AG
• RapidMiner Inc.
• Bitext Innovations S.L.
• Lexalytics Inc.
• AYLIEN Ltd.
• Luminoso Technologies Inc.
• Clarabridge Inc.
• Averbis GmbH
• MonkeyLearn Inc.
• Sayint.AI
• Provalis Research
• MeaningCloud LLC
• Smartlogic Holdings Limited
• Megaputer Intelligence Inc.
• Stratifyd Inc.
• Angoss Software Corporation
• Etuma Oy
• indico data solutions Inc.
• Keatext Inc.
• NetOwl by BAE Systems
Regional Dominance: Which Area Leads the Global Text Analysis Software Market?
North America was the largest region in the text analysis software market in 2024
