Text Analytics Market Trends, Business Strategies and Opportunities 2 Text Analytics Market Trends, Business Strategies | Page 2

Text Analytics Market to 2025 Introduction Text analysis is a developing technology that facilitates the companies to know their customers and help them analyse customers purchasing patterns, demands, etc. by evaluating the data received from numerous sources. This technology has gained popularity in various industrial verticals such as banking, financial services & insurance (BFSI), fast moving consumer goods (FMCG), healthcare, telecom, etc. Text analytics depends on processing of naturallanguage, that is based on machine learning, statistical, or linguistic, methods. But, till now there isn’t any one technical approach that has conquered, and neither any one solution provider who leads the market. There are numerous open source choices and range of API cloud solutions. As significant data is produced through diverse sources, the acceptance of cloud technology authorizes companies to examine the data and forecast profitable results of the same. The capability of text analytics to examine real-time data is influencing its acceptance in myriad businesses; hence, text analysis is attaining importance as advance technology that is capable of redefining business processes. Browse Complete Report @ http://www.theinsightpartners.com/reports/text-analytics-market Contact Us : [phone]| E-Mail : [email protected]