Market Forecast: Text Analytics Platforms, 2026-2030, Worldwide

Quadrant Knowledge Solutions Reveals that Text Analytics Platform Projected to Register a CAGR of 20.40% by 2030.  

The global text analytics market size to record a CAGR of 20.4% from 2024 to 2028, it is expected to grow from USD 8.45 billion in 2022 to USD 27.63 billion by 2030. The adoption of text analytics solutions has increased during COVID-19 pandemic due to, rise in investments by various SMEs and large enterprises in emerging technologies like AI and machine learning, to optimize their internal operations, improve customer satisfaction, manage budgets, identify new markets, and to anticipate the impact of external events.   

Key questions this study will answer:  

• At what pace is the Text Analytics market growing?  

• What are the key market accelerators and market restraints impacting the global Text Analytics market?  

• Which industries offer maximum growth opportunities during the forecast period?  

• Which global region expects maximum growth opportunities in the Text Analytics market?  

• Which customer segments have the maximum growth potential for the Text Analytics solution?  

• Which deployment options of Text Analytics solutions are expected to grow faster in the next 5 years?  

Strategic Market Direction:  

Text analytics platforms are becoming more popular across a variety of industry sectors, but retail and e-commerce hold a significant share because they are frequently used to study consumer nature and behavior. Text analytics solutions have become more popular recently as a result of an increase in investments made by SMEs and large corporations in cutting-edge technologies like AI and machine learning to streamline internal processes, boost customer satisfaction, control spending, find new markets, and foresee the effects of upcoming events. Nevertheless, the market's expansion is hampered by a lack of knowledge about text analytics, a skilled workforce, other operational issues, and worries about the security and privacy of personal data. But during the forecast period, improved customer service and competitive intelligence are anticipated to present lucrative opportunities for market expansion. Text analytics will also help to foster a deeper understanding of the customer journey and a better ability to predict changes in consumer behavior. 

Vendors Covered:  

Amazon Web Services, Bitext, EdgeVerve Systems, Elastic, EPAM, Expert.ai, Google, Hyperscience, IBM, Indico Data, InMoment, Kingland, Luminoso, Medallia, Megaputer, Microsoft, Qualtrics, RavenPack, SAS, Stratifyd, Verint, and WorkFusion. 

Table of Content:  

Chapter 01: Executive Summary  

• Key Research Findings  

• Top Predictions  

• Top Trends  

• Market Summary   

Chapter 02: Market Overview  

• Market Definition and Scope  

• Key Factors Impacting the Market  

• Drivers & Restraints  

Chapter 03: Market Analysis  

• Global ABM Market Forecast Analysis  

Chapter 04: Market Forecast Analysis  

• Market Forecast by Region  

• Market Forecast Global  

• Market Forecast USA  

• Market Forecast Canada  

• Market Forecast Latin America  

• Market Forecast Western Europe  

• Market Forecast Central & Eastern Europe  

• Market Forecast Middle East & Africa8  

• Market Forecast China  

• Market Forecast APAC Ex Japan & China  

• Market Forecast Japan  

  

• Market Forecast by Industry Verticals  

• Market Forecast by Media & Entertainment  

• Market Forecast by Retail  

• Market Forecast by BFSI  

• Market Forecast by Travel & Hospitality  

• Market Forecast by Education  

• Market Forecast by Public Sector  

• Market Forecast by Healthcare & Life Science  

• Market Forecast by Automotive  

• Market Forecast by Food & Beverage  

  

• Market Forecast by Deployment Type  

• Market Forecast by Deployment Type: On prem  

• Market Forecast Deployment Type: Cloud  

  

• Market Forecast by Customer Type   

• Market Forecast by SMB  

• Market Forecast by Large  

• Market Forecast by Enterprise  

Chapter 05: Company Profile  

• Company Overview  

• Analyst Perspectives and Analysis  

Chapter 06: Appendix  

• Research Methodologies  
   

List of Figures  

• Fig. 1 Market Forecast of Text Analytics  Worldwide, 2026-2030  

• Fig. 2 Market Forecast of Text Analytics  USA, 2026-2030  

• Fig. 3 Market Forecast of Text Analytics Canada, 2026-2030  

• Fig. 4 Market Forecast of Text Analytics Latin America, 2026-2030  

• Fig. 5 Market Forecast of Text Analytics Western Europe, 2026-2030  

• Fig. 6 Market Forecast of Text Analytics ) Central & Eastern Europe, 2026-2030  

• Fig. 7 Market Forecast of Text Analytics Middle East & Africa, 2023  

• Fig. 8 Market Forecast of Text Analytics Asia excluding Japan and China, 2026-2030  

• Fig. 9 Market Forecast of Text Analytics  Japan, 2026-2030  

• Fig. 10 Market Forecast of Text Analytics ) China, 2026-2030  

• Fig. 11 Market Forecast of Text Analytics IT & Telecom Industry, 2026-2030  

• Fig. 12 Market Forecast of Text Analytics Banking & Financial Services Industry, 2026-2030  

• Fig. 13 Market Forecast of Text Analytics Insurance Industry, 2026-2030  

• Fig. 14 Market Forecast of Text Analytics Healthcare Industry, 2026-2030  

• Fig. 15 Market Forecast of Text Analytics ) Government & Public Sector, 2026-2030  

• Fig. 16 Market Forecast of Text Analytics Retail & eCommerce, 2026-2030  

• Fig. 17 Market Forecast of Text Analytics Manufacturing, 2026-2030  

• Fig. 18 Market Forecast of Text Analytics Hospitality, 2026-2030  

• Fig. 19 Market Forecast of Text Analytics On-premises Deployment, 2026-2030  

• Fig. 20 Market Forecast of Text Analytics  Cloud Deployment, 2026-2030  

• Fig. 21 Market Forecast of Text Analytics SMB Customers, 2026-2030  

• Fig. 22 Market Forecast of Text Analytics  Large Customers, 2026-2030  

• Fig. 23 Market Forecast of Text Analytics Enterprise Customers, 2026-2030  
   

Custom Research Service   

Our custom research service is designed to meet the client’s specific requirements by providing a customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:   
 

• Detailed understanding of the industry structure, market participants, and value chain mapping   

• Business potential and opportunities of target markets, economies, and industries   

• Strategic planning and tactical opportunities   

• Go to market strategies.