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Global BI and Analytics Platforms Market to have Text Analytics with the Highest Growth Percentage

• USA, Germany and UK are the leading countries in the Global Business Intelligence (BI) and Analytics Platforms Market

LONDON CITY, U.K. - Feb. 13, 2014 - PRLog -- TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Global Business Intelligence BI and Analytics Platforms Market. The report finds that Text Analytics will be having the highest growth percentage during the forecast period 2014-2018.

As per research analysis, the offerings in the Global Text Analytics market is primarily associated with search-based applications as its first function is to search data within the available databases, following which, it performs analytic business intelligence from available database. The Global Text Analytics market valued at US$1.29 billion will be growing at a tremendous rate followed by Advanced Analytics, Query & Reporting and BI Tools in the BI and Analytics Platforms Market during the forecast period.

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on the Global Business Intelligence (BI) and Analytics Platforms Market 2014-2018 (http://www.technavio.com/report/global-business-intellige...), please send an e-mail to media@TechNavio.com

About TechNavio

TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Business Intelligence (BI) and Analytics Platforms Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

Media Contact:

Rituparna Roy/Arijit Rakshit
Marketing Manager/Analyst & PR
+91 9591975898;+44 208 123 1770; +1 630 333 9501

Twitter: @TechNavio

Media Contact
TechNavio Media Relations
+44 208 123 1770

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Location:London City - London, Greater - United Kingdom
Industry:Business, Research
Tags:bi, Analytics Platforms, Business Intelligence, Platforms Market
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