Segmentation | |||||||||||||||||
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Companies Profiled | |
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Key Players | |
Angoss Sentiment Corporation (Canada) | |
Clarabridge (U.S.) | |
IBM (U.S.) | |
SAS Institute (U.S.) | |
Aylien (Ireland) | |
Bottlenose.Com (U.S.) | |
Crowdflower (U.S.) | |
Brandwatch (U.K.) | |
Twizoo (U.K.) | |
Adoreboard (U.K.) |
Market Driving Forces | |
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Drivers | |
The key drivers of sentiment analytics market includes rising competition between businesses and predictive analysis techniques is fueling the sentiment analytics market growth. |
Market Overview
The Sentiment Analytics Market is registered to generate approximately USD 6 Billion by the end of the year 2030. Further, the Global Sentiment Analytics Market has aimed to grow USD 9.2 billion at 14.80% of CAGR for the forecast period of 2022-2030. Geographically, the North American region is registered to generate the highest Sentiment Analytics Market Size due to the adoption of sentiment analytics solutions by small and big enterprises in this region and the presence of major players in the region. Here, it has been evident that countries like the US and Canada are contributing higher market revenue in the region. Along with that, the AsiaâPacific region is predicted to grow the market share at the highest CAGR for the forecast period. This region is boosting up the Sentiment Analytics Market due to the increasing sentiment companies in the region and huge investment in sentiment analytical tools for the betterment of the business efficiency and productivity.
The rising predictive analysis techniques and rising competition between businesses are the major factors that are driving the Sentiment Analytics Market Growth. The Sentiment Analytics Market report explains that the vertical segment retail sector is registered to generate the highest market share for the forecast period. Moreover, based on the organization sizes, the small and medium enterprises are predicted to generate the largest market share in the forecast period. The Sentiment Analytics Market is boosting up nowadays due to the increasing competition in the global market, which creates an opportunity for businesses. The Sentiment Analytics Industry is classified based on the organization size, components, deployment, and vertical. The global market is growing due to its social media analytics, text analytics, and predictive analytics services. The sentiment analytics tools provide a deep insight into sentiment buying behavior, enhance companies' product and business, facilitate market innovation, and better understand the sentiments of customers, which is boosting up the Sentiment Analytics Market Growth.
The Sentiment Analytics Market report has explained the forecast period's regional market growth and development by giving a proper understanding of the regional analysis. Moreover, this report has highlighted the COVID-19 analysis to make an understanding of the global products and services and how they affected the demand. This report has also highlighted the growing investment in research and development with making understanding over the market dynamics, segmental overview, and competitive analysis. Further, it has given the focus on the recent developments and competitions in the Sentiment Analytics Market with making understand various strategic mergers and increasing investments.
COVID-19 Impact Analysis
The global Market for Sentiment Analytics has been affected due to the global pandemic COVID-19. The global pandemic has brought lockdown across the various region, which has affected the sales and productivity of the global market. The lack of investors, workforce, transportations, etc., has impacted the Sentiment Analytics Market very harshly.
However, the Sentiment Analytics Market Players have changed the global pandemic restraints into global opportunities by implying various ideas and suitable measures. The key players have promoted their products on a large scale and have expectations to meet the highest market share for the reviewed period.
Global Market DynamicsÂ
Market segmentation Overview
Regional Analysis
The global Sentiment Analytics Business regional analysis has been studied across various regions such as Asia-Pacific, Europe, South America, North America, and other parts of the world.
Among all these regions, the North American region is registered to generate the highest Sentiment Analytics Market Size due to the adoption of sentiment analytics solutions by small and big enterprises in this region and the presence of major players in the region. Here, it has been evident that countries like the US and Canada are contributing higher market revenue in the region. Along with that, the AsiaâPacific region is predicted to grow the market share at the highest CAGR for the forecast period. This region is boosting up the Sentiment Analytics Market due to the increasing sentiment companies in the region and huge investment in sentiment analytical tools for the betterment of the business efficiency and productivity.
Competitive Analysis
The global Sentiment Analytics Market has major key players such as:
These key players are boosting up the global market growth by applying suitable measures and strategies.
Recent Developments
Report Overview
The Sentiment Analytics Market report has explained the forecast period's regional market growth and development by giving a proper understanding of the regional analysis. This report has also highlighted the growing investment in research and development with making understanding over the market dynamics, segmental overview, and competitive analysis. Moreover, this report has highlighted the COVID-19 analysis to make an understanding of the global products and services and how they affected the demand. Further, it has given the focus on the recent developments and competitions in the Sentiment Analytics Market with making understand various strategic mergers and increasing investments.
Segmental Table:
By Components
By Organisation Sizes
By Deployment
By Verticals
Report Attribute/Metric | Details |
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Market Size | USD 9.2 billion |
CAGR | 14.80% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Components, By Deployment |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Angoss Sentiment Corporation (Canada), Clarabridge (U.S.), IBM (U.S.), SAS Institute (U.S.), Aylien (Ireland), Bottlenose.Com (U.S.), Crowdflower (U.S.), Brandwatch (U.K.), Twizoo (U.K.), Adoreboard (U.K.) |
Key Market Opportunities | Increasing competition creates opportunity for businesses to collect efficient data of related to sentiment development is one of the prime factor boosting sentiment analytics market. |
Key Market Drivers | The key drivers of sentiment analytics market includes rising competition between businesses and predictive analysis techniques is fueling the sentiment analytics market growth. |
the market might reach approximately USD 9.2 Billion by 2030
The global market for sentiment analytics is registering a moderate 14.80% of CAGR through the forecast period between 2022-2030.
The growing popularity of social media platforms is one of the preliminary factors driving the growth of the global sentiment analytics market.
THE higher costs associated with sentiment analytics is estimated to hamper adoptions, especially from government institutions, which is expected to limit the growth of the global sentiment analytics market over the review period.
A few major market players functioning in the global market are Angoss Sentiment Corporation (Canada), Clarabridge (U.S.), IBM (U.S.), SAS Institute (U.S.), Aylien (Ireland), among others.