Report overview
Opinion mining (sometimes known as sentiment analysis or emotion AI) refers to the use of natural language processing, text analysis, computational linguistics, and biometrics to systematically identify, extract, quantify, and study affective states and subjective information. Sentiment analysis is widely applied to voice of the customer materials such as reviews and survey responses, online and social media, and healthcare materials for applications that range from marketing to customer service to clinical medicine.
This report aims to provide a comprehensive presentation of the global market for Sentiment Analysis Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sentiment Analysis Software. This report contains market size and forecasts of Sentiment Analysis Software in global, including the following market information:
Global Sentiment Analysis Software Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Sentiment Analysis Software market was valued at US$ 1930.6 million in 2023 and is projected to reach US$ 4535.4 million by 2029, at a CAGR of 13.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
During 2017, the retail industry accounted for the majority market shares and dominated the sentiment analysis software market size. The online retail sector incorporates sentiment analysis software for collecting data from their customers to retain loyal customers and provide them with enhanced online shopping experiences based on their feedback. Additionally, the sentiment analysis software also helps in the analysis of competitive benchmarking and customer satisfaction index by collecting necessary data from retailers and their customers.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Sentiment Analysis Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sentiment Analysis Software Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Sentiment Analysis Software Market Segment Percentages, by Type, 2023 (%)
On-premises Sentiment Analysis Software
Web-based Sentiment Analysis Software
Global Sentiment Analysis Software Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Sentiment Analysis Software Market Segment Percentages, by Application, 2023 (%)
Retail
BFSI
Healthcare
Other
Global Sentiment Analysis Software Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Sentiment Analysis Software Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sentiment Analysis Software revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Sentiment Analysis Software revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Angoss Software Corporation
Clarabridge
Bitext
Brandwatch
SAS Institute
General Sentiment
Lexalytics
Meltwater
NetOwl
Trackur
OdinText
OpenText
QuestionPro Survey Software
Social Smart Software
Outline of Major Chapters:
Chapter 1: Introduces the definition of Sentiment Analysis Software, market overview.
Chapter 2: Global Sentiment Analysis Software market size in revenue.
Chapter 3: Detailed analysis of Sentiment Analysis Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Sentiment Analysis Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
