Sentiment Analytics Market Share, Global Top Key Players Analysis Industry, Opportunities and Forecast to 2027

pranali

Aug 26, 2021 • 4 min read

Market Scenario:

Market Research Future digs into account and found that the market would rise at a pace of 14% CAGR and would reach USD 6 Billion valuations by 2023.

Investors weighed signs of the economy, recovering against a rise in coronavirus infections in the Sentiment Analytics Market Share coronavirus has prompted many regions to reassess the need to raise the markets from a definite period. The study reveals that the overall market would get bigger post the pandemic at an increased pace with the invention of the new-fangled dynamism, which is making rapid progress in the market’s growth, mainly from the years 2017-2023 (forecasted period).

Future Growth Lever

The scenario is changing amidst the outbreak of COVID-19 for all businesses, which went the same for the global sentimental analytics market. The acute phase of the coronavirus pandemic crisis has passed for sentimental analytics. The chronic phase may be just beginning, but the market seems to be winning the pace of growth for many years, which is expected to be gaining more in the forecast period in support of abundant factors existing and affecting the market.

The significant factor that is driving the sentiment analysis market is attributed to a rich source of contextual information out of the complex and massive amount of data present on the internet about a meticulous entity. This has forward the growth of the sentiment analysis software market globally. The sentiment analysis software is known for providing campaign monitoring and influencer identifier facility to the users. Also, the sentiment analysis software offers competition insights of the market to the software users, which assists in decision making is going to contribute to increasing the demand in the forecast period.

After these, another key driver of the sentiment analytics market includes mounting competition between businesses, and predictive analysis techniques are fuelling the sentiment analytics market growth. As per the MRFR’s study, by vertical segment retail sector is anticipated to account for the maximum market share in the sentiment analytics market. Apart from this, the need for analyzing the data present at the global level on the internet in the form of share, comments, followed, retweeted, and more to analyze the brand, person, and more are responsible for the boost in the deployment of the sentiment analysis software throughout the world.

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Segmentation:

The sentiment analytics market is further segmented among the segments, such as components, deployment, organization size, and vertical.

Depending on the organization size segment, small and medium enterprises hold the largest market share. Escalating competition creates an opportunity for businesses to collect efficient data related to sentiment development is one of the prime factors boosting the sentiment analytics market.

Sentiment analytics market by components segment: Comprises sentiment, professional services, service and support, and maintenance services.

Sentiment analytics market by deployment segment: Comprises cloud and on-premise.

Sentiment analytics market by vertical segment: Comprises BFSI, transportation & logistics, retail, education, healthcare & life sciences, media & entertainment, and others.

Competitive Outlook:

The well-known players in the sentiment analytics market are included as Clarabridge (U.S.), Angoss Sentiment Corporation (Canada), SAS Institute (U.S.), IBM (U.S.), Bottlenose.Com (U.S.), Aylien (Ireland), Brandwatch (U.K.), Crowdflower (U.S.), Adoreboard (U.K.) and Twizoo (U.K.).

Regional Analysis:

The regional analysis of the sentiment analytics market is being studied for regions of the Americas, Europe, Asia Pacific, and the Rest of the World.

Among these, the North America region holds the highest market share in the sentiment analytics market owing to the incidence of significant players in the region and the adoption of sentiment analytics solutions by small and big enterprises. Countries such as the US and Canada contribute a tremendous amount of revenue in the sentiment analytics market in the region.

Asia‐Pacific region is likely to be increasing at the highest CAGR. Enterprises in the region are funding massively in sentiment analytical tools to progress business efficiency and productivity, and mounting sentiment companies in the region is boosting the market in the region. APEJ and Japan are predicted to develop at the highest CAGR in the anticipated period owing to rapid digitalization and raising brand awareness and image in developing countries.

On the other hand, the MEA region is likely to prove stagnant growth in the sentiment analysis software market.

Industry News

This pandemic situation has hampered the Sentiment Analytics Report Market Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Sentiment Analytics Report Market Size for the forecast period.

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Table of Contents:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued….

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