“According to SNS Insider Research, The Text Analytics Market size was recorded at USD 9.55 billion in 2023 and is expected to reach USD 41.2 billion by 2032, growing at a CAGR of 17.65% over the forecast period of 2024-2032.”
The exponential increase in unstructured data generated from social media, customer feedback, and digital communications is fueling the demand for advanced text analytics tools.