Text Analytics Market Forecast, Trends & Industry Analysis, 2016-2024 Text Analytics Market | Page 6
North America Appears As The Largest Market For Text
Analytics, On Account Of Being An Early Adopter Of Advanced
Technologies
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North America led the global
text analytics market by
holding 2/5th of the market
share in 2016. It is expected
to continue its dominance
during the forecast period
with a CAGR of 24.8%. Being
an early adopter of new and
emerging technologies and
the presence of large number
of text analytics vendors in
the region help consolidate
the majority of revenues in
the market.