© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Text Analytics Market share research by applications and regions for : Global Market Insights Inc. Low Power Wide Area Network

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Text Analytics Market size is influenced by increasing adoption of social media platforms for analytics, need to combine multiple data sources to extract meaningful insights, and recent advancements in predictive analytics along with emergence of industry-specific analytics applications. Text analytics involves deriving meaningful patterns from unstructured textual data followed by its evaluation and interpretation.  Text analytics transforms information stored or hidden in unstructured text into useful data which can play a vital role in business decision making. It determines key words, semantics, topics, tags and categories from huge volumes of textual data stored in different files and formats. These solutions provide extraction and analysis tools to convert such scattered data into patterns of relevant and meaningful information. The resulting output is usually stored in relational or other data warehousing applications for analysis by predictive analytics or business intelligence tools. Application Analysis of Text Analytics Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Text analytics market solutions have critical applications in areas such as competitive intelligence, sentiment analysis, social media monitoring, enterprise data mining and intelligence, automated ad placement, workforce management, document workflow management, governance and compliance management. By unearthing patterns and relationships from structured and unstructured text, text analytics along with data mining and Big Data analytics can enable enterprises to create predictive intelligence.  For sentiment analysis, text analytics APIs return numeric scores depicting positive and negative sentiments. In key phrase extraction applications, APIs return distinct strings representing key talking points in input text. In language detection applications, the API returns numeric scores determining whether the identified language is true. Continued…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America holds a major share of the text analytics market owing to availability of advanced IT infrastructure in the region coupled with a thriving e- commerce industry. With rapid adoption of advanced technologies such as Big Data and data mining, the region is expected to hold a significant market share during the forecast period.  Asia Pacific text analytics market is expected to exhibit promising growth throughout the forecast period owing to increasing demand for cost-effective predictive analytics models among emerging startups and SMEs. Regional Analysis for Text Analytics Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved IBM SAP Microsoft HP Luminoso Opentext Bitext Brandwatch Lithium Clarabridge NetBase Solutions SAS Institute Confirmit Unmetric Lexalytics. Competitive Market Share of Text Analytics Market:

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