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    India Text Analytics Market

    ID: MRFR/ICT/62024-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    India Text Analytics Market Research Report By Component (Software, Services), By Application (Customer Experience Management, Workforce Management), By Deployment (On-Premise, Cloud) and By Vertical (BFSI, Manufacturing, Government, Retail, E-Commerce)- Forecast to 2035

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    India Text Analytics Market Summary

    As per MRFR analysis, the India text analytics market Size was estimated at 277.2 USD Million in 2024. The India text analytics market is projected to grow from 317.87 USD Million in 2025 to 1250.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 14.67% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India text analytics market is experiencing robust growth driven by technological advancements and evolving consumer needs.

    • The market is witnessing a rising adoption of AI technologies, enhancing data processing capabilities.
    • Customer experience remains a focal point, with businesses leveraging text analytics to gain insights into consumer sentiment.
    • E-commerce and digital platforms are driving demand for text analytics solutions, particularly in the retail sector.
    • Key market drivers include the increasing demand for data-driven insights and the integration of Natural Language Processing (NLP).

    Market Size & Forecast

    2024 Market Size 277.2 (USD Million)
    2035 Market Size 1250.0 (USD Million)

    Major Players

    IBM (US), Microsoft (US), SAS (US), Oracle (US), SAP (DE), Google (US), Amazon (US), Clarabridge (US), Lexalytics (US)

    India Text Analytics Market Trends

    This market is experiencing notable growth., driven by the increasing demand for data-driven decision-making across various sectors. Organizations are recognizing the value of extracting insights from unstructured data, such as social media, customer feedback, and online reviews. This trend is further fueled by advancements in artificial intelligence and machine learning technologies, which enhance the capabilities of text analytics tools. As businesses strive to improve customer experiences and operational efficiency, the adoption of text analytics solutions is likely to rise significantly. Moreover, the proliferation of digital content and the need for real-time analysis are propelling the text analytics market forward. Companies are investing in sophisticated analytics platforms to gain a competitive edge. The integration of natural language processing (NLP) and sentiment analysis into text analytics tools is becoming increasingly common, allowing organizations to better understand consumer sentiments and preferences. This evolution suggests a promising future for the text analytics market, as it continues to adapt to the changing landscape of data utilization and analysis.

    Rising Adoption of AI Technologies

    The integration of artificial intelligence in text analytics tools is becoming more prevalent. Organizations are leveraging AI to enhance data processing capabilities, enabling faster and more accurate insights from large volumes of unstructured data. This trend indicates a shift towards more intelligent analytics solutions that can adapt to evolving business needs.

    Focus on Customer Experience

    Businesses are increasingly utilizing text analytics to improve customer experience. By analyzing customer feedback and sentiment, organizations can tailor their services and products to meet consumer expectations. This focus on customer-centric strategies is likely to drive further investment in text analytics solutions.

    Growth in E-commerce and Digital Platforms

    The expansion of e-commerce and digital platforms is contributing to the demand for text analytics. As online interactions increase, businesses are seeking ways to analyze customer interactions and feedback effectively. This trend highlights the importance of text analytics in understanding consumer behavior in the digital age.

    India Text Analytics Market Drivers

    Emergence of Social Media Analytics

    The proliferation of social media platforms in India has created a fertile ground for the text analytics market. Businesses are increasingly leveraging social media analytics to gauge public sentiment, track brand reputation, and engage with customers in real-time. The ability to analyze vast amounts of social media data allows organizations to make informed marketing decisions and tailor their strategies accordingly. Recent studies indicate that nearly 70% of Indian companies are investing in social media analytics tools, reflecting a growing recognition of their importance. This trend is likely to drive the demand for text analytics solutions that can effectively process and analyze social media content. As social media continues to evolve, the text analytics market is expected to expand, providing businesses with the tools necessary to harness the power of online conversations.

    Regulatory Compliance and Risk Management

    In the context of the text analytics market, regulatory compliance is becoming increasingly critical for organizations in India. With the rise of data protection laws and industry-specific regulations, companies are compelled to adopt text analytics solutions to ensure compliance and mitigate risks. For instance, financial institutions are utilizing text analytics to monitor communications and detect potential fraud or insider trading. The market for compliance-related text analytics tools is expected to grow as organizations seek to avoid hefty fines and reputational damage. This driver highlights the necessity for businesses to implement robust text analytics frameworks that not only enhance compliance but also provide insights into risk management strategies. As regulatory landscapes evolve, the text analytics market is poised to play a pivotal role in helping organizations navigate these complexities.

    Increasing Demand for Data-Driven Insights

    The text analytics market in India is experiencing a surge in demand for data-driven insights. Organizations across various sectors are increasingly recognizing the value of extracting actionable intelligence from unstructured data. This trend is particularly pronounced in industries such as finance, healthcare, and retail, where data analytics can enhance decision-making processes. According to recent estimates, the market is projected to grow at a CAGR of approximately 25% over the next five years. Companies are investing in advanced text analytics solutions to gain a competitive edge, improve operational efficiency, and better understand customer sentiments. As businesses strive to harness the power of big data, the text analytics market is likely to expand significantly, driven by the need for sophisticated analytical tools that can process vast amounts of textual information.

    Integration of Natural Language Processing (NLP)

    The integration of Natural Language Processing (NLP) technologies is a key driver for the text analytics market in India. NLP enables machines to understand and interpret human language, facilitating more accurate analysis of textual data. As organizations seek to enhance their analytical capabilities, the adoption of NLP tools is becoming increasingly prevalent. This trend is particularly relevant in sectors such as customer service, where chatbots and virtual assistants are being deployed to improve user experiences. The text analytics market is likely to benefit from advancements in NLP, as these technologies enable deeper insights and more nuanced understanding of customer feedback. With the ongoing development of NLP algorithms, the market is expected to witness substantial growth, driven by the demand for more sophisticated text analytics solutions.

    Growing Investment in Business Intelligence Solutions

    The text analytics market in India is witnessing a notable increase in investment in business intelligence (BI) solutions. Organizations are recognizing the importance of integrating text analytics with traditional BI tools to enhance their analytical capabilities. This integration allows for a more comprehensive view of business performance, combining structured and unstructured data for deeper insights. As companies strive to become more data-driven, the demand for text analytics solutions that complement BI systems is likely to rise. Recent reports suggest that the Indian BI market is projected to grow at a CAGR of around 20% over the next few years, indicating a robust appetite for advanced analytical tools. This trend underscores the potential for the text analytics market to thrive as businesses seek to leverage data for strategic decision-making.

    Market Segment Insights

    By Components: Software (Largest) vs. Services (Fastest-Growing)

    In the India text analytics market, the distribution of market share among the components reveals software as the largest contributor, dominating the market landscape with its broad applications across various industries. It has garnered substantial traction due to its ability to analyze large volumes of unstructured data efficiently. On the other hand, services are rapidly gaining ground, carving a significant niche that complements software offerings, with an increasing number of businesses seeking tailored solutions to enhance their text analytics capabilities. Growth trends indicate a shifting focus towards services, as organizations in the region look for expert guidance to implement and optimize their text analytics projects. The demand for customized analytics services is fueled by the need for businesses to harness data-driven insights effectively. This trend is supported by the continuous evolution of technologies, driving organizations to invest in services that can provide a competitive edge. Overall, the combination of established software and emerging services creates a dynamic environment, reflective of the evolving demands in the India text analytics market.

    Software (Dominant) vs. Services (Emerging)

    Software is the dominant component in the India text analytics market, characterized by its versatility and scalability. It includes a range of solutions designed for data processing, natural language understanding, and text mining, which are essential for businesses aiming to leverage textual data for strategic decision-making. In contrast, services represent the emerging segment, focusing on consulting, implementation, and support that provide personalized solutions to organizations. This segment is driven by increasing complexity in data analysis needs, prompting businesses to seek specialized services that enable them to maximize the benefits of their software investments. Together, the dominance of software and the emergent nature of services illustrate a robust synergy that enhances the overall effectiveness of text analytics initiatives.

    By Applications: Customer Experience Management (Largest) vs. Workforce Management (Fastest-Growing)

    In the applications segment of the India text analytics market, Customer Experience Management holds the largest market share, demonstrating its critical role in enhancing customer interactions and driving business success. This application leverages advanced analytics to streamline customer feedback and improve service delivery, leading to enhanced customer satisfaction and loyalty. On the other hand, Workforce Management is rapidly emerging as the fastest-growing application in this market, fueled by the increasing demand for optimized workforce utilization and efficient operational performance. Organizations are recognizing the value of intelligent analytics to understand employee productivity and engagement, thereby driving profitability and minimizing operational costs.

    Customer Experience Management: Dominant vs. Workforce Management: Emerging

    Customer Experience Management is characterized by its comprehensive approaches aimed at understanding and enhancing customer interactions, which are crucial for business success. This application utilizes sophisticated analytics tools to gather, process, and analyze data from various customer touchpoints, allowing organizations to draw actionable insights. On the flip side, Workforce Management is rapidly gaining traction as businesses aim for heightened operational efficiency. This segment focuses on leveraging analytics to optimize workforce scheduling, monitor employee performance, and enhance productivity. This application is becoming increasingly important as organizations navigate the complexities of hybrid work models and strive for adept resource allocation.

    By Deployment: Cloud (Largest) vs. On-Premise (Fastest-Growing)

    In the India text analytics market, the deployment segment is characterized by a clear distribution of market share between Cloud and On-Premise solutions. Currently, Cloud solutions hold the largest share, owing to their scalability, flexibility, and lower upfront costs. These attributes make Cloud analytics highly attractive to businesses looking to implement text analytics without significant infrastructure investment. Conversely, On-Premise solutions, while holding a smaller share, are rapidly gaining traction among organizations that prioritize data security and regulatory compliance. Growth trends in the deployment segment are influenced by shifting organizational needs and technological advancements. The increasing adoption of Cloud-based analytics is driven by the need for real-time insights, cost reduction, and the flexibility to scale operations swiftly. Meanwhile, On-Premise solutions are experiencing growth as enterprises desire stricter control over their data environments and seek to comply with local regulations. As a result, both deployment models are expected to coexist, catering to different business requirements and preferences.

    Cloud (Dominant) vs. On-Premise (Emerging)

    The Cloud deployment model in the India text analytics market is regarded as the dominant solution, offering extensive advantages such as low initial costs, flexibility, and seamless upgradability, which appeal to a broad range of companies, from small enterprises to large corporations. Its ease of access through the internet allows organizations to analyze massive volumes of text data efficiently. On the other hand, the On-Premise model is considered emerging, primarily sought by businesses with stringent data protection policies and specific regulatory obligations. This model enables companies to have full control over their data and infrastructure, making it a key choice for sectors like finance and healthcare, where compliance is crucial. While still smaller in market share, On-Premise solutions are expected to witness increased adoption as businesses seek to balance the benefits of both deployment types.

    By Vertical: BFSI (Largest) vs. E-Commerce (Fastest-Growing)

    In the India text analytics market, the distribution of market share among various sectors is diverse, with the BFSI sector commanding the largest share due to its critical reliance on data-driven decision-making and customer insights. Following BFSI, sectors such as manufacturing and government are significant players, leveraging text analytics for operational efficiency and public service improvement respectively. E-commerce, while smaller in market share currently, exhibits robust growth trajectories as online retail continues to expand, reflecting the dynamic shifts in consumer behavior and digital engagement strategies. Growth trends in the vertical segment of the India text analytics market are propelled by the increasing need for real-time analytics, particularly in BFSI where compliance and risk management drive demand. The manufacturing sector is embracing text analytics to optimize supply chains and improve product quality. Meanwhile, E-commerce is rapidly adopting innovative analytics solutions to enhance customer experience and personalize offerings, indicating a trend towards data-centric strategies that harness the power of text insights for competitive advantage.

    BFSI: Dominant vs. E-Commerce: Emerging

    The BFSI sector stands out as the dominant force within the India text analytics market, characterized by its comprehensive use of analytics to manage vast amounts of transaction data, customer interactions, and regulatory compliance. This sector benefits from investing heavily in technology to innovate and streamline operations. In contrast, the E-commerce sector is emerging rapidly, driven by the need for personalized customer experiences and data-driven marketing strategies. E-commerce relies heavily on text analytics to tailor services according to consumer preferences, track sentiment across social platforms, and optimize logistics, making it an agile and key player in the evolving market landscape.

    Get more detailed insights about India Text Analytics Market

    Key Players and Competitive Insights

    The text analytics market in India is characterized by a dynamic competitive landscape, driven by the increasing demand for data-driven insights across various sectors. Key players are actively engaging in strategies that emphasize innovation, partnerships, and regional expansion to enhance their market presence. Companies such as IBM (US), Microsoft (US), and SAS (US) are at the forefront, leveraging their technological prowess to develop advanced analytics solutions. Their collective focus on integrating artificial intelligence (AI) and machine learning (ML) into text analytics tools appears to be reshaping the competitive environment, fostering a culture of continuous improvement and adaptation.

    In terms of business tactics, companies are increasingly localizing their operations to better cater to the unique needs of the Indian market. This includes optimizing supply chains and enhancing customer engagement through localized solutions. The market structure is moderately fragmented, with a mix of established players and emerging startups. The influence of major companies is significant, as they set benchmarks for innovation and service delivery, thereby shaping the overall competitive dynamics.

    In October 2025, IBM (US) announced the launch of its new AI-driven text analytics platform tailored specifically for the Indian market. This strategic move is likely to enhance IBM's competitive edge by providing localized solutions that address the specific needs of Indian businesses, thereby solidifying its position as a leader in the market. The introduction of this platform underscores IBM's commitment to innovation and its understanding of regional market demands.

    Similarly, in September 2025, Microsoft (US) expanded its partnership with local tech firms to enhance its text analytics capabilities. This collaboration aims to integrate local language processing into its existing solutions, which could significantly improve user experience and accessibility for Indian customers. Such partnerships not only strengthen Microsoft's market position but also reflect a broader trend of companies seeking to leverage local expertise to drive innovation.

    In August 2025, SAS (US) launched a new initiative focused on sustainability in text analytics, emphasizing the importance of ethical data usage and environmental responsibility. This initiative is indicative of a growing trend among companies to align their strategies with sustainability goals, which may resonate well with socially conscious consumers and businesses alike. By prioritizing sustainability, SAS is likely to differentiate itself in a crowded market, appealing to a demographic increasingly concerned with corporate responsibility.

    As of November 2025, the competitive trends in the text analytics market are heavily influenced by digitalization, AI integration, and a growing emphasis on sustainability. Strategic alliances are becoming increasingly important, as they enable companies to pool resources and expertise, thereby enhancing their competitive positioning. Looking ahead, it seems that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technological advancement, and supply chain reliability. This shift may redefine how companies engage with their customers and develop their offerings in the future.

    Future Outlook

    India Text Analytics Market Future Outlook

    The text analytics market is projected to grow at a 14.67% CAGR from 2024 to 2035, driven by advancements in AI, increasing data volumes, and demand for actionable insights.

    New opportunities lie in:

    • Development of AI-driven sentiment analysis tools for real-time customer feedback.
    • Integration of text analytics in healthcare for patient data management.
    • Creation of multilingual text analytics solutions to cater to diverse markets.

    By 2035, This market is expected to achieve substantial growth., driven by innovative applications and expanding user bases.

    Market Segmentation

    India Text Analytics Market Vertical Outlook

    • BFSI
    • Manufacturing
    • Government
    • Retail
    • E-Commerce

    India Text Analytics Market Components Outlook

    • Software
    • Services

    India Text Analytics Market Deployment Outlook

    • On-Premise
    • Cloud

    India Text Analytics Market Applications Outlook

    • Customer Experience Management
    • Workforce Management

    Report Scope

    MARKET SIZE 2024 277.2(USD Million)
    MARKET SIZE 2025 317.87(USD Million)
    MARKET SIZE 2035 1250.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 14.67% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled IBM (US), Microsoft (US), SAS (US), Oracle (US), SAP (DE), Google (US), Amazon (US), Clarabridge (US), Lexalytics (US)
    Segments Covered Components, Applications, Deployment, Vertical
    Key Market Opportunities Integration of artificial intelligence enhances insights and efficiency in the text analytics market.
    Key Market Dynamics Rising demand for advanced text analytics solutions driven by regulatory compliance and evolving consumer behavior in India.
    Countries Covered India

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    FAQs

    What is the expected market size of the India Text Analytics Market in 2024?

    The India Text Analytics Market is expected to be valued at 400.0 million USD in 2024.

    What will be the market value of the India Text Analytics Market by 2035?

    By 2035, the India Text Analytics Market is expected to reach a valuation of 1800.0 million USD.

    What is the expected CAGR for the India Text Analytics Market from 2025 to 2035?

    The expected compound annual growth rate for the India Text Analytics Market from 2025 to 2035 is 14.652%.

    What is the estimated market size for software in the India Text Analytics Market in 2024?

    The software segment of the India Text Analytics Market is valued at 240.0 million USD in 2024.

    What market size is projected for services in the India Text Analytics Market by 2035?

    The services segment is projected to reach a market size of 720.0 million USD by 2035.

    Who are the key players in the India Text Analytics Market?

    Major players in the market include Microsoft, SAP, Cognizant, Accenture, and Wipro.

    What applications are driving the growth of the India Text Analytics Market?

    Applications driving growth include sentiment analysis, customer feedback management, and content classification.

    What challenges are currently faced by the India Text Analytics Market?

    Challenges include data privacy regulations and the need for advanced analytics capabilities.

    What is the projected market growth rate for the India Text Analytics Market in the coming years?

    The market is expected to grow significantly at a rate of 14.652% annually from 2025 to 2035.

    How are current global scenarios impacting the India Text Analytics Market?

    Current global scenarios are influencing market opportunities and creating demand for robust analytics solutions.

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