Text Analytics Market Is Anticipated to Grow at a CAGR of 25.2% During 2014 - 2020
Text Analytics Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6.5 billion by 2020, registering a CAGR of 25.2% during the period 2014-2020. Predictive analytics is the most attractive application within text analytics, which provides insights on unstructured text and helps the companies to formulate business strategies accordingly. Retail sector largely uses text analytics software, which approximately contributes 1/3rdof revenue amongst all industries. Use of text analytics in Healthcare accelerates Health-Care research,...
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