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Tuesday, August 6, 2024

Lucintel Forecasts the Global Sentiment Analysis Software Market to Reach $8 Billion by 2030

According to a market report by Lucintel, the future of the global sentiment analysis software market looks promising with opportunities in the BFSI, retail, transport & logistic, education, media & entertainment, and healthcare & life science markets. The global sentiment analysis software market is expected to reach an estimated $8 billion by 2030 with a CAGR of 14.5% from 2024 to 2030. The major drivers for this market are growing demand for AI Chatbots across various industrial verticals, increasing demand in social media and other web applications, and rising number of recent innovations made by significant industry participants.

A more than 150–page report is developed to understand Trends, opportunity and forecast in sentiment analysis software market to 2030 by deployment (cloud and on-premise), organization size (small & medium enterprises and large enterprises), component (service, professional services, sentiment support, and maintenance service), end use (BFSI, retail, transport & logistics, education, media & entertainment, healthcare & life sciences, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, cloud and on-premise are the major segments of sentiment analysis software market by deployment. Lucintel forecasts that on-premise is expected to witness the higher growth over the forecast period.

Within this market, retail will remain the largest segment due to increasing use of these tools to pinpoint target audiences and comprehend customer sentiment.

Download sample by clicking on sentiment analysis software market

North America is expected to witness the highest growth over the forecast period due to rapid improvements in technology and widespread use of tools like cloud computing.

Adoreboard, Affectiva, Angoss Sentiment Corporation, Aylien, Beyond Verbal, Bottlenose.com, Brandwatch, Clarabridge, Cogito, and Crowdflower are the major suppliers in the sentiment analysis software market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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