Content Analytics Market By Deployment Model (Cloud-Based, On-premise), By Application (Text Analytics, Video Analytics, Speech Recognition And Language Analyzers, Clustering Engines And Categorizers, Social Media Analytics), By End-User (Retail, Telecom, Healthcare, Media & Entertainment, Travel, Others) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Rising Adoption of Advanced Analytics to boost the demand for Content Analytics Market

The content analytics market worldwide is projected to grow with a CAGR of 21.5% during the forecast period from 2019 to 2027, starting from US$ 2.34 Bn in 2018. The rising adoption of advanced analytics and growing business content will drive the content analytics market. The rising adoption of content analytics in various industries, such as healthcare, media & entertainment, retail, telecom, travel, and others, is another major factor for the market growth. In addition, the convergence of text analytics with Big Data is another major reason driving the market. The rising adoption of content analytics in the Asia Pacific will also boost the demand for the market. Thus, we forecast that the content analytics market will grow with a huge CAGR throughout the forecast period.

Market Synopsis

Cloud-based Segment to be the Fastest-Growing Segment

The content analytics market by deployment type is segmented into on-premise and cloud-based. The on-premise segment had the highest share in 2018, with a contribution of nearly 57% of the world's revenue share in the same year. Organizations adopt on-premise due to safety and security for their data. On the other hand, we expect the cloud-based segment to grow with the fastest CAGR during the forecast period owing to the rising adoption of SaaS applications by organizations worldwide. Easy deployment and low cost are some of the benefits owing to which the segment will grow with the fastest CAGR.

The Asia Pacific to be the Fastest Growing

In 2018, North America marked its dominance in the content analytics market, followed by Europe and the Asia Pacific. In 2018, North America contributed to around 1/3rd of worldwide revenue. The North American market is governed by the early adoption of digitization and rising regional technical advancements. On the other flip of the coin, Asia Pacific will grow with the highest CAGR owing to rising digitization and increased government investments in the region. The rising adoption of technological advancements is another major factor in the region's fastest growth.

Some prominent players operating in the content analytics market are Google Inc., Microsoft Corporation, IBM Corporation, SAS Institute, Inc., SAP SE, Oracle Corporation, Adobe Systems, Hewlett-Packard Enterprise (HPE) Company, OpenText Corporation, Clarabridge, Inc., and Nice Systems among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The content analytics market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global content analytics market based on deployment model, application, end-user, and geography.

Frequently Asked Questions

The market for Content Analytics is expected to reach US$ 2.34 Bn in 2027.

The Content Analytics market is expected to see significant CAGR growth over the coming years, at 21.5%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Google Inc., Microsoft Corporation, IBM, SAS, SAP, Oracle Corporation, Adobe Systems, HPE, OpenText Corporation, Clarabridge, Inc., Nice Systems are some of the major players in the global market.

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Published Date:  Dec 2019
Category:  Technology & Media
Report ID:   60105
Report Format:   PDF
Pages:   120
Rating:    4.2 (56)
Delivery Time: 24 Hours to 48 Hours   
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