North America Text Analytics Market by Solution - Opportunities and Forecast, 2014 - 2020

North America Text Analytics Market by Solution - Opportunities and Forecast, 2014 - 2020

Category : ICT & Media




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The process used to analyze an unstructured text, obtain relevant data and then transform it into valuable business intelligence is termed as text analytics. Emergence of text analytics has enabled companies take crucial business decisions. Furthermore, it has enabled enterprises to curb the language barrier and construct a global user base.

The North American text analytics market is influenced by several drivers, restraints and opportunities. Technologies such as big data analytics in the market are considered to be the major drivers. On the others hand, companies have now come to an understanding that automating data analysis plays an eminent role in helping companies keep up with huge amount of data and use the same to make insightful decisions. The need for improving consumer experience via CRM (Customer Relationship Management) and initiating effective marketing and promotional activities is also driving the market. However, lack of awareness has hindered the market growth to a greater extent. Vendors active in the text analytics industry are continuously discovering and refining the current architecture, to provide their end–customers a more efficient solution, which in turn would provide greater opportunities for the market.

The text analytics market is segmented in terms of applications, end –customers, industry verticals, deployment model and geography. In terms of applications the study covers search –based applications, enterprise applications and others. The need for text analytics is felt greatly in industries such as banking, financial services and insurance, healthcare, government, retail, hospitality and travel and others. Adoption rate of text analytics has increased greatly among small and medium businesses and large enterprises. Deployment model favored by the prominent vendors in the market includes on –premise deployment model and cloud –based deployment model. The study covers the different countries located in North America.

Today, prominent market players are embracing effective business strategies such as joint ventures and acquisition and mergers to stay competitive.  Enterprises are also seen investing in research and development to provide their customers a paramount solution. The key market players covered in the report includes International Business Machines Corporation (or IBM), Microsoft Corporation, SAP, Oracles, SAS, Lexalytics, Smartlogic, Provalis Research, OpenText, Pingar and others.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an extensive assessment of both the current and emerging industrial trends backed by in-depth information on business environment in North America
  • Evaluation of the effective marketing strategies and business channel outlined in the report forms an important part of the study
  • SWOT analysis of the major brands exhibits their major strengths and weaknesses
  • The research further examines competitive landscape and industrial chain structure, to enable business owners identify the adoption rate across different countries
  • The research pinpoints new policies, news and technology development that’s contributing to the growth rate

KEY SEGMENTS

Text Analytics Market – By Application

  • Search- based Application
  • Enterprise Application
  • Others

 Text Analytics Market – By Deployment Model  

  • On –premise Deployment Model
  • Cloud –based Deployment Model

Text Analytics Market – By End – Customers

  • Large Enterprise
  • Small and Medium Business Enterprises

Text Analytics Market – Industry Verticals

  • BFSI
  • Healthcare
  • Hospitality and Travel
  • Government Bodies
  • Others

Key Players

  • IBM
  • Microsoft Corporation
  • Oracle
  • SAP
  • SAS
  • Lexalytics
  • Smartlogic
  • Provalis Research
  • OpenText
  • Pingar

 


Table Of Contents 1 INTRODUCTION 10 1.1 OBJECTIVES OF THE STUDY 10 1.2 MARKET SEGMENTATION & COVERAGE 11 1.3 STAKEHOLDERS 11 2 RESEARCH METHODOLOGY 12 2.1 INTEGRATED ECOSYSTEM OF TEXT ANALYTICS MARKET 13 2.2 ARRIVING AT THE TEXT ANALYTICS MARKET SIZE 14 2.2.1 BOTTOM-UP APPROACH 15 2.2.2 DEMAND SIDE APPROACH 16 2.2.3 MACRO INDICATORS 17 2.3 ASSUMPTIONS 18 3 EXECUTIVE SUMMARY 19 4 MARKET OVERVIEW 21 4.1 INTRODUCTION 21 4.2 NORTH AMERICA TEXT ANALYTICS MARKET: COMPARISON WITH PARENT MARKET 23 4.3 MARKET DRIVERS AND INHIBITORS 24 4.4 KEY MARKET DYNAMICS 25 4.5 DEMAND SIDE ANALYSIS 27 5 TEXT ANALYTICS MARKET, BY VERTICAL 28 5.1 INTRODUCTION 29 5.2 DEMAND SIDE ANALYSIS 31 5.2.1 RETAIL & WHOLESALE 31 5.2.2 MANUFACTURING 32 5.2.3 HEALTHCARE & LIFE SCIENCES 33 5.2.4 MEDIA & ENTERTAINMENT 34 5.2.5 ADVERTISING 35 5.2.6 BFSI 36 5.3 NORTH AMERICA TEXT ANALYTICS MARKET IN RETAIL & WHOLESALE, BY COUNTRY 37 5.4 NORTH AMERICA TEXT ANALYTICS MARKET IN MANUFACTURING, BY COUNTRY 38 5.5 NORTH AMERICA TEXT ANALYTICS MARKET IN HEALTHCARE & LIFE SCIENCES, BY COUNTRY 39 5.6 NORTH AMERICA TEXT ANALYTICS MARKET IN MEDIA & ENTERTAINMENT, BY COUNTRY 40 5.7 NORTH AMERICA TEXT ANALYTICS MARKET IN ADVERTISING, BY COUNTRY 41 5.8 NORTH AMERICA TEXT ANALYTICS MARKET IN BFSI, BY COUNTRY 42 5.9 SNEAK VIEW: NORTH AMERICA ANALYTICS MARKET, BY VERTICAL IN 2014 43 6 TEXT ANALYTICS MARKET, BY TYPE 45 6.1 INTRODUCTION 46 6.2 NORTH AMERICA TEXT ANALYTICS MARKET, TYPE COMPARISON WITH ANALYTICS MARKET 47 6.3 NORTH AMERICA TEXT ANALYTICS SOLUTION MARKET, BY GEOGRAPHY 48 6.4 NORTH AMERICA TEXT ANALYTICS SERVICE MARKET, BY GEOGRAPHY 49 7 TEXT ANALYTICS MARKET, BY GEOGRAPHY 51 7.1 INTRODUCTION 52 7.2 U.S. TEXT ANALYTICS MARKET 53 7.2.1 U.S. TEXT ANALYTICS MARKET, BY VERTICAL 53 7.2.2 U.S. TEXT ANALYTICS MARKET, BY TYPE 55 7.3 CANADA TEXT ANALYTICS MARKET 56 7.3.1 CANADA TEXT ANALYTICS MARKET, BY VERTICAL 57 7.3.2 CANADA TEXT ANALYTICS MARKET, BY TYPE 58 7.4 MEXICO TEXT ANALYTICS MARKET 60 7.4.1 MEXICO TEXT ANALYTICS MARKET, BY APPLICATION 61 7.4.2 MEXICO TEXT ANALYTICS MARKET, BY TYPE 62 8 TEXT ANALYTICS MARKET: COMPETITIVE LANDSCAPE 64 8.1 TEXT ANALYTICS MARKET: COMPANY SHARE ANALYSIS 64 8.2 COMPANY PRESENCE IN TEXT ANALYTICS MARKET, BY VERTICAL 65 8.3 MERGERS & ACQUISITIONS 66 8.4 EXPANSIONS 66 8.5 INVESTMENTS 67 8.6 JOINT VENTURES 67 9 TEXT ANALYTICS MARKET, BY COMPANY 68 (Overview, Financials, Products & Services, Strategy, and Developments)* 9.1 IBM 68 9.2 MICROSOFT 71 9.3 ORACLE 74 9.4 SAP 77 9.5 SAS 80 *Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted company 10 APPENDIX 82 10.1 CUSTOMIZATION OPTIONS 82 10.1.1 TEXT ANALYTICS APPLICATIONS: 82 10.1.2 LOW-COST SOURCING LOCATIONS 82 10.1.3 REGULATORY FRAMEWORK 82 10.1.4 TEXT ANALYTICS: APPLICATIONS & TYPES DATA 82 10.1.5 IMPACT ANALYSIS 82 10.1.6 TEXT ANALYTICS VERTICAL ANALYSIS 82 10.1.7 HISTORICAL DATA AND TRENDS 83 10.2 RELATED REPORTS 84 10.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 85 10.3.1 RT SNAPSHOTS 86 ? List Of Tables TABLE 1 NORTH AMERICA VERTICAL MARKET BY VALUE, 2014 (USD MN) 16 TABLE 2 NORTH AMERICA TEXT ANALYTICS MARKET: MACRO INDICATORS, BY COUNTRY, 2014 (USD MN) 17 TABLE 3 NORTH AMERICA TEXT ANALYTICS MARKET: COMPARISON WITH PARENT MARKET, 2013 – 2019 (USD MN) 23 TABLE 4 NORTH AMERICA TEXT ANALYTICS MARKET: DRIVERS AND INHIBITORS 24 TABLE 5 NORTH AMERICA TEXT ANALYTICS MARKET, BY VERTICAL, 2013 - 2019 (USD MN) 25 TABLE 6 NORTH AMERICA TEXT ANALYTICS MARKET, BY TYPE, BY GEOGRAPHY, 2014 - 2019 (USD MN) 26 TABLE 7 NORTH AMERICA TEXT ANALYTICS MARKET: COMPARISON WITH VERTICAL MARKET, 2013 - 2019 (USD MN) 27 TABLE 8 NORTH AMERICA TEXT ANALYTICS MARKET, BY VERTICAL, 2013-2019 (USD MN) 30 TABLE 9 RETAIL & WHOLESALE 31 TABLE 10 MANUFACTURING 32 TABLE 11 HEALTHCARE & LIFE SCIENCES 33 TABLE 12 MEDIA & ENTERTAINMENT 34 TABLE 13 ADVERTISING 35 TABLE 14 BFSI 36 TABLE 15 NORTH AMERICA TEXT ANALYTICS IN RETAIL & WHOLESALE, BY COUNTRY, 2013-2019 (USD MN) 37 TABLE 16 NORTH AMERICA TEXT ANALYTICS MARKET IN MANUFACTURING, BY COUNTRY, 2013-2019 (USD MN) 38 TABLE 17 NORTH AMERICA TEXT ANALYTICS MARKET IN HEALTHCARE & LIFE SCIENCES, BY COUNTRY, 2013-2019 (USD MN) 39 TABLE 18 NORTH AMERICA TEXT ANALYTICS MARKET IN MEDIA & ENTERTAINMENT, BY COUNTRY, 2013-2019 (USD MN) 40 TABLE 19 NORTH AMERICA TEXT ANALYTICS MARKET IN ADVERTISING, BY COUNTRY, 2013-2019 (USD MN) 41 TABLE 20 NORTH AMERICA TEXT ANALYTICS MARKET IN BFSI, BY COUNTRY, 2013-2019 (USD MN) 42 TABLE 21 NORTH AMERICA TEXT ANALYTICS MARKET, BY VERTICALS (USD, MN) 43 TABLE 22 NORTH AMERICA TEXT ANALYTICS MARKET, BY TYPE, 2013 - 2019 (USD MN) 46 TABLE 23 NORTH AMERICA TEXT ANALYTICS MARKET: TYPE COMPARISON WITH PARENT MARKET, 2013–2019 (USD MN) 47 TABLE 24 NORTH AMERICA TEXT ANALYTICS SOLUTION MARKET, BY GEOGRAPHY, 2013–2019 (USD MN) 48 TABLE 25 NORTH AMERICA TEXT ANALYTICS SERVICE MARKET, BY GEOGRAPHY, 2013 - 2019 (USD MN) 49 TABLE 26 NORTH AMERICA TEXT ANALYTICS MARKET, BY COUNTRY, 2013 - 2019 (USD MN) 52 TABLE 27 U.S. TEXT ANALYTICS MARKET, BY VERTICAL, 2013-2019 (USD MN) 54 TABLE 28 U.S. TEXT ANALYTICS MARKET, BY TYPE, 2013 - 2019 (USD MN) 55 TABLE 29 CANADA TEXT ANALYTICS MARKET, BY VERTICAL, 2013 - 2019 (USD MN) 57 TABLE 30 CANADA TEXT ANALYTICS MARKET, BY TYPE, 2013 - 2019 (USD MN) 59 TABLE 31 MEXICO TEXT ANALYTICS MARKET, BY APPLICATION, 2013 - 2019 (USD MN) 61 TABLE 32 MEXICO TEXT ANALYTICS: MARKET, BY TYPE, 2013 - 2019 (USD MN) 63 TABLE 33 TEXT ANALYTICS MARKET: COMPANY SHARE ANALYSIS, 2014 (%) 64 TABLE 34 NORTH AMERICA TEXT ANALYTICS MARKET: MERGERS & ACQUISITIONS 66 TABLE 35 NORTH AMERICA TEXT ANALYTICS MARKET: EXPANSIONS 66 TABLE 36 NORTH AMERICA TEXT ANALYTICS MARKET: INVESTMENTS 67 TABLE 37 NORTH AMERICA TEXT ANALYTICS MARKET: JOINT VENTURES 67 TABLE 38 GEOGRAPHIC REVENUE MIX, 2010-2014 (USD MN) 68 TABLE 39 BUSINESS REVENUE MIX 2010-2014 (USD MN) 69 TABLE 40 GEOGRAPHIC REVENUE MIX, 2010-2014 (USD MN) 71 TABLE 41 BUSINESS REVENUE MIX 2010-2014 (USD MN) 71 TABLE 42 GEOGRAPHIC REVENUE MIX, 2009-2014 (USD MN) 74 TABLE 43 BUSINESS REVENUE MIX 2009-2014 75 TABLE 44 GEOGRAPHIC REVENUE MIX, 2010-2014 (USD MN) 77 TABLE 45 BUSINESS REVENUE MIX, 2010-2014 (USD MN) 78 TABLE 46 SAP: KEY FINANCIALS, 2009 - 2013 (USD MN) 78 ? List Of Figures FIGURE 1 NORTH AMERICA TEXT ANALYTICS MARKET: SEGMENTATION & COVERAGE 11 FIGURE 2 TEXT ANALYTICS MARKET: INTEGRATED ECOSYSTEM 13 FIGURE 3 RESEARCH METHODOLOGY 14 FIGURE 4 BOTTOM-UP APPROACH 15 FIGURE 5 DEMAND SIDE APPROACH 16 FIGURE 6 MACRO INDICATOR-BASED APPROACH 17 FIGURE 7 NORTH AMERICA TEXT ANALYTICS MARKET SNAPSHOT 20 FIGURE 8 TEXT ANALYTICS MARKET: GROWTH ASPECTS 22 FIGURE 9 NORTH AMERICA TEXT ANALYTICS MARKET, BY VERTICAL, 2014 VS 2019 25 FIGURE 10 NORTH AMERICA TEXT ANALYTICS, BY GEOGRAPHY, 2014 (USD MN) 26 FIGURE 11 TEXT ANALYTICS: VERTICAL MARKET SCENARIO 29 FIGURE 12 NORTH AMERICA TEXT ANALYTICS MARKET, BY VERTICAL, 2014 - 2019 (USD MN) 29 FIGURE 13 NORTH AMERICA TEXT ANALYTICS MARKET IN RETAIL & WHOLESALE, BY COUNTRY, 2013-2019 (USD MN) 37 FIGURE 14 NORTH AMERICA TEXT ANALYTICS MARKET IN MANUFACTURING, BY COUNTRY, 2014-2019 (USD MN) 38 FIGURE 15 NORTH AMERICA TEXT ANALYTICS MARKET IN HEALTHCARE & LIFE SCIENCES, BY COUNTRY, 2014-2019 (USD MN) 39 FIGURE 16 NORTH AMERICA TEXT ANALYTICS MARKET IN MEDIA & ENTERTAINMENT, BY COUNTRY, 2014-2019 (USD MN) 40 FIGURE 17 NORTH AMERICA TEXT ANALYTICS MARKET IN ADVERTISING, BY COUNTRY, 2014-2019 (USD MN) 41 FIGURE 18 NORTH AMERICA TEXT ANALYTICS MARKET IN BFSI, BY COUNTRY, 2014-2019 (USD MN) 42 FIGURE 19 SNEAK VIEW: NORTH AMERICA TEXT ANALYTICS MARKET IN 2014 43 FIGURE 20 NORTH AMERICA TEXT ANALYTICS MARKET, BY TYPE, 2014 - 2019 (USD MN) 46 FIGURE 21 NORTH AMERICA TEXT ANALYTICS MARKET: TYPE COMPARISON WITH ANALYTICS MARKET, 2013–2019 (USD MN) 47 FIGURE 22 NORTH AMERICA TEXT ANALYTICS SOLUTION MARKET, BY GEOGRAPHY, 2014–2019 (USD MN) 48 FIGURE 23 NORTH AMERICA TEXT ANALYTICS SERVICE MARKET, BY GEOGRAPHY, 2014 - 2019 (USD MN) 49 FIGURE 24 SNEAK VIEW: NORTH AMERICA ANALYTICS MARKET BY TYPE 50 FIGURE 25 NORTH AMERICA TEXT ANALYTICS MARKET: GROWTH ANALYSIS, BY COUNTRY, 2014-2019 (USD MN) 52 FIGURE 26 U.S. TEXT ANALYTICS MARKET OVERVIEW, 2014 & 2019 (%) 53 FIGURE 27 U.S. TEXT ANALYTICS MARKET, BY VERTICAL, 2014-2019 (USD MN) 53 FIGURE 28 U.S. TEXT ANALYTICS MARKET: APPLICATION SNAPSHOT 54 FIGURE 29 U.S. TEXT ANALYTICS MARKET, BY TYPE, 2014 - 2019 (USD MN) 55 FIGURE 30 U.S. TEXT ANALYTICS MARKET SHARE, BY TYPE, 2014-2019 (%) 56 FIGURE 31 CANADA TEXT ANALYTICS MARKET OVERVIEW, 2014 & 2019 (%) 56 FIGURE 32 CANADA TEXT ANALYTICS MARKET, BY VERTICAL, 2014-2019 (USD MN) 57 FIGURE 33 CANADA TEXT ANALYTICS MARKET: APPLICATION SNAPSHOT 58 FIGURE 34 CANADA TEXT ANALYTICS MARKET, BY TYPE, 2014 - 2019 (USD MN) 58 FIGURE 35 CANADA TEXT ANALYTICS MARKET SHARE, BY TYPE, 2014-2019 (%) 59 FIGURE 36 MEXICO TEXT ANALYTICS MARKET OVERVIEW, 2014 & 2019 (%) 60 FIGURE 37 MEXICO TEXT ANALYTICS MARKET, BY APPLICATION, 2014 - 2019 (USD MN) 61 FIGURE 38 MEXICO TEXT ANALYTICS MARKET: APPLICATION SNAPSHOT 62 FIGURE 39 MEXICO TEXT ANALYTICS MARKET, BY TYPE, 2014 - 2019 (USD MN) 62 FIGURE 40 MEXICO TEXT ANALYTICS MARKET: TYPE SNAPSHOT 63 FIGURE 41 TEXT ANALYTICS MARKET: COMPANY SHARE ANALYSIS, 2013 64 FIGURE 42 TEXT ANALYTICS: COMPANY PRODUCT COVERAGE, BY VERTICAL, 2014 65 FIGURE 43 IBM CORPORATION REVENUE MIX, 2014 (%) 68 FIGURE 44 MICROSOFT CORPORATION REVENUE MIX, 2014 (%) 71 FIGURE 45 ORACLE CORPORATION REVENUE MIX, 2013-2014 (%) 74 FIGURE 46 SAP: REVENUE MIX, 2013 (%) 77 ?
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