The North America Text Analytics Market is Expected to Reach $17.16 Billion in 2019- A Report by MicroMarket Monitor
(PRWEB) February 17, 2015 -- In 2013, the North America Text Analytics market was dominated by IBM, Oracle, Microsoft and SAP are the leader in the North America Text Analytics market and is expected to lead the market in the next five years as well. IBM is leading with highest market share in North America Text Analytics market.
Browse through the TOC of North America Text Analytics market for an analysis of industry trends, segments & forecasts. http://www.micromarketmonitor.com/market/north-america-text-analytics-6967316510.html
The company owns a wide product portfolio including the range of IBM SPSS products, Congnos Product, OpenPages products, Algorithm products, Varicent products, SPSS Text analytics for survey.The company operates through five business segments; Global Technology Services(GTS), Global Business Services(GBS), Software, Systems and Technology , and global financing . It is one of the leader in the technology market for their innovations and expansion in the software and solutions group. The Company’s major share of revenue is generated from software products and tools.
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Besides, Microsoft is also one of the major players in the North America Text Analytics market. Over the past few years the company has been focusing on Acquisitions as its key business strategies in order to increase its share in the North America Text Analytics market. The company has a wide product portfolio including windows, Office, Servers, Skype, Visual Studio, Dynamics, Azure, Xbox, Surface, Mobile and others. Its Service portfolio includes MSN, Bing, OneDrive, MSDN, Outlook, TecNet and others which serve as an important factor for its future growth.
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In North America Text Analytics market, leading players are adopting the strategies of new product launches, product approvals, partnerships, agreements, collaborations, joint ventures, acquisitions and expansion. Market players are adopting these strategies to access new technologies, expand their product portfolios, enter the growing markets, and to increase their market shares. In addition to the top market players companies like, Verint, TIBCO,Nice , are also primarily focusing on launching new Text Analytics systems, product approvals and strategic agreements, partnerships, and collaborations to widen their customer base.
Major strategic developments are taking place in the field of Cloud computing, big Data Analytics, CRM, real time analytics and Social Analytics. Dominant market players like, IBM, Oracle, Microsoft introduces several technologically advanced systems, and entered into strategic agreements and partnerships in order to keep the pace with industry trends.
Related Report:
Asia-Pacific Text Analytics Market
The Asia Pacific text analytics system market is expected to grow from $219.1 million in 2013 to $593.2 million by 2018, at a CAGR of 18.5% for the period 2013-2019. This market contributes 13.35%of the global market in 2014 and is poised to grow to 13.69% by 2019. This market is segmented by regions, applications, companies, types, and technologies. http://www.micromarketmonitor.com/market/asia-pacific-text-analytics-5374422414.html
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