The Asia Pacific Content Analytics Market would witness market growth of 18.8% CAGR during the forecast period (2022-2028).
The increasing need for real-time data analytics from different organisations is one of the major prospects for the content analytics industry. Solutions for real-time content analysis are highly sought after in the industry because of advantages like cost-effectiveness and quick, accurate results.
The adoption of content analytics has also increased as a result of the severe competition among industry participants. A crucial trend gaining traction in the text analytics market is technological innovation. The text analytics market's players are putting their efforts into creating cutting-edge, unique solutions that will specifically address the needs of specialised client segments around the world.
India has rich publicly available data. Government departments have digitised various processes and reporting requirements, which in turn are feeding into management information systems and interactive dashboards. This data is being used to track and visualise progress and make iterative improvements on the ground. Moreover, the Chinese government is fuelling the digital transformation of Chinese industries to unprecedented heights.
The China market dominated the Asia Pacific Content Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,277 million by 2028. The Japan market is estimated to grow at a CAGR of 18.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 19.6% during (2022 - 2028).
Based on Deployment, the market is segmented into Cloud and On-Premises. Based on Vertical, the market is segmented into Retail & Consumer Goods, IT & Telecom, Government, BFSI, Healthcare, Media & Entertainment, Travel & Hospitality and Others. Based on Application, the market is segmented into Text Analytics, Social Media Analytics, Web Analytics, Speech Analytics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Content Analytics Market is Projected to reach USD 16.4 Billion by 2028, at a CAGR of 18.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, SAP SE, OpenText Corporation, IBM Corporation, Microsoft Corporation, Qualtrics International Inc. (Clarabridge, Inc.), NICE Ltd., Verint Systems, Inc., Adobe, Inc., and SAS Institute, Inc.
By Deployment
By Vertical
By Application
By Country
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