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. Rising adoption of advanced analytics and growing business content will drive the content analytics market. Rising adoption of content analytics in the various industries such as healthcare, media & entertainment, retail, telecom, travel and others, is another major factor for the market growth. Convergence of text analytics with Big Data is another major reason driving the market. Rising adoption of content analytics in Asia Pacific will also boost the demand for the market. Thus, we forecast that the content analytics market will grow with huge CAGR throughout the forecast period.
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 highest share in 2018 with contribution of nearly 57% in the world revenue share in the same year. Organizations adopt on-premise due to safety and security for their data. On the other hand, we expect that the cloud-based segment will grow with the fastest CAGR during the forecast period owing to rising adoption of SaaS applications by organizations worldwide. Easy deployment, low cost are some of the benefits owing to which the segment will grow with the fastest CAGR.
Asia Pacific to be the Fastest Growing
In 2018, North America marked its dominance in the content analytics market followed by Europe and Asia Pacific. In 2018, North America contributed to around 1/3rd of the overall revenue generated worldwide. North America market is governed by the early adoption of digitization along with rising technical advancements in the region. On the other flip of the coin, we presume that Asia Pacific will grow with the highest CAGR owing to rising digitization and increased government investments in the region. Rising adoption of technological advancements is another major factor for the region fastest growth.
Some of the prominent players operating in the content analytics market 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. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
The content analytics market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global content analytics market based on deployment model, application, end-user and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
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Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Deployment Model (2017–2027; US$ Bn) |
Application (2017–2027; US$ Bn) |
|
End-user (2017–2027; US$ Bn) |
|
Geography Segment (2017–2027; US$ Bn) |
TABLE 1 Market Snapshot: Global Content Analytics (CA) Market
TABLE 2 Global CA Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 3 Global CA Market, by Application, 2017–2027 (US$ Bn)
TABLE 4 Global CA Market, by End User, 2017–2027 (US$ Bn)
TABLE 5 Global CA Market, by Geography, 2017–2027 (US$ Bn)
TABLE 6 North America CA Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 7 North America CA Market, by Application, 2017–2027 (US$ Bn)
TABLE 8 North America CA Market, by End User, 2017–2027 (US$ Bn)
TABLE 9 North America CA Market, by Country, 2017–2027 (US$ Bn)
TABLE 10 Europe CA Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 11 Europe CA Market, by Application, 2017–2027 (US$ Bn)
TABLE 12 Europe CA Market, by End User, 2017–2027 (US$ Bn)
TABLE 13 Europe CA Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific CA Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific CA Market, by Application, 2017–2027 (US$ Bn)
TABLE 16 Asia Pacific CA Market, by End User, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific CA Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 18 RoW CA Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 19 RoW CA Market, by Application, 2017–2027 (US$ Bn)
TABLE 20 RoW CA Market, by End User, 2017–2027 (US$ Bn)
TABLE 21 RoW CA Market, by Country/Region, 2017–2027 (US$ Bn)