Text Mining Market Size
The Global Text Mining Market size was USD 10.3 Billion in 2024 and is projected to touch USD 12.15 Billion in 2025, further reaching approximately USD 14.34 Billion in 2026. The market is expected to advance significantly to USD 53.73 Billion by 2034, reflecting a CAGR of 17.96% during the forecast period [2025-2034]. Over 70% of enterprises are adopting advanced analytics tools, with 60% integrating text mining into AI-driven applications. More than 55% of adoption is cloud-based, while 45% focuses on on-premise solutions tailored for regulatory compliance and high data security.
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The US Text Mining Market growth is driven by strong enterprise adoption, where more than 65% of companies are leveraging text mining for fraud detection and customer sentiment analysis. Around 55% of US healthcare providers use text analytics for patient data processing, while over 45% of financial institutions deploy solutions for compliance and risk monitoring. The US also contributes nearly 50% of regional market share due to advanced IT infrastructure and increased digital transformation initiatives.
Key Findings
- Market Size: Valued at USD 10.3 Bn in 2024, projected to touch USD 12.1 Bn in 2025 to USD 53.73 Bn by 2034 at a CAGR of 17.96%.
- Growth Drivers: Over 70% of enterprises focus on unstructured data, with 65% adopting analytics and 55% integrating AI capabilities.
- Trends: Nearly 60% demand real-time text analysis, 50% prioritize sentiment analytics, while 45% focus on multilingual processing applications.
- Key Players: SAS Institute, Microsoft, IBM, SAP SE, RapidMiner & more.
- Regional Insights: North America 35%, Europe 25%, Asia-Pacific 30%, Middle East & Africa 10%, driven by digitalization and enterprise adoption globally.
- Challenges: Over 40% face implementation barriers, 38% cite privacy issues, and 35% struggle with integrating multi-source unstructured datasets.
- Industry Impact: More than 55% industries optimize workflows, 50% improve customer engagement, and 45% enhance decision-making via analytics adoption.
- Recent Developments: Around 60% product launches integrate cloud, 55% add sentiment analysis, while 40% target healthcare and finance applications.
The Text Mining Market is evolving rapidly with strong adoption across finance, healthcare, and telecom industries. Over 65% of businesses highlight operational efficiency gains, while 50% emphasize predictive insights. With 55% of innovations focusing on cloud integration, the market is witnessing transformative growth in digital intelligence solutions worldwide.
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Text Mining Market Trends
The text mining market is witnessing significant transformation driven by the increasing need for actionable insights from unstructured data. Over 80% of enterprise data is unstructured, fueling demand for advanced analytics solutions. Nearly 65% of organizations are integrating text mining tools with machine learning to improve business intelligence. Adoption in customer experience management accounts for over 40% usage, while sentiment analysis applications capture around 35% of deployment share. Healthcare contributes more than 25% of adoption due to medical records analysis, and financial services hold close to 30% share, focusing on fraud detection and risk management. Cloud-based solutions are gaining popularity, accounting for more than 55% of deployments worldwide.
Text Mining Market Dynamics
Rising integration with AI and cloud platforms
Over 55% of text mining solutions are now deployed via cloud, enhancing scalability. Nearly 68% of enterprises report plans to integrate artificial intelligence with text mining tools, creating new opportunities in predictive analytics and process automation.
Growing demand for unstructured data analysis
More than 70% of enterprises report difficulty in managing unstructured data, creating strong demand for text mining. Around 60% of businesses are adopting text analytics for customer behavior insights and decision-making improvements across industries.
RESTRAINTS
"High implementation complexity"
More than 45% of organizations cite technical challenges in deploying text mining solutions. Around 40% of enterprises struggle with data integration across multiple platforms, limiting seamless adoption and slowing down enterprise-wide scalability.
CHALLENGE
"Data privacy and compliance concerns"
Over 50% of businesses highlight compliance risks when processing sensitive textual data. Nearly 38% face challenges related to data privacy regulations, restricting adoption in sectors like healthcare and banking where regulatory oversight is stricter.
Segmentation Analysis
The Global Text Mining Market size was valued at USD 10.3 Billion in 2024 and is projected to reach USD 12.15 Billion in 2025, advancing further to USD 53.73 Billion by 2034 at a CAGR of 17.96%. By type, On-Premise and Cloud-Based solutions are driving growth, each contributing unique advantages. On-Premise deployments accounted for USD 5.2 Billion in 2025 with 43% share, growing at a CAGR of 13.5%, while Cloud-Based solutions captured USD 6.95 Billion in 2025 with 57% share, growing faster at a CAGR of 20.5%.
By Type
On-Premise
On-Premise text mining solutions are preferred by industries requiring greater control, security, and customization of data systems. Over 40% of large enterprises continue to rely on this approach for sensitive applications, especially in regulated sectors such as banking and healthcare.
On-Premise held a strong position in the Text Mining Market, accounting for USD 5.2 Billion in 2025, representing 43% of the total market. This segment is expected to grow at a CAGR of 13.5% from 2025 to 2034, driven by compliance requirements, system reliability, and integration flexibility.
Top 3 Major Dominant Countries in the On-Premise Segment
- United States led the On-Premise segment with a market size of USD 1.8 Billion in 2025, holding a 35% share and expected to grow at a CAGR of 12.9% due to strict data protection policies and enterprise adoption.
- Germany followed with USD 1.1 Billion in 2025, holding a 21% share and expected to grow at a CAGR of 13.2% driven by manufacturing digitization and compliance regulations.
- Japan captured USD 0.9 Billion in 2025, holding a 17% share and expected to grow at a CAGR of 14.1% due to strong demand in automotive and electronics industries.
Cloud-Based
Cloud-Based text mining solutions dominate due to scalability, cost-effectiveness, and accessibility. Over 60% of SMEs and more than 55% of service providers adopt cloud platforms for text analytics to reduce infrastructure costs and accelerate deployment cycles.
Cloud-Based solutions held the largest share in the Text Mining Market, accounting for USD 6.95 Billion in 2025, representing 57% of the total market. This segment is expected to grow at a CAGR of 20.5% from 2025 to 2034, driven by cloud adoption, AI integration, and real-time data processing needs.
Top 3 Major Dominant Countries in the Cloud-Based Segment
- China led the Cloud-Based segment with a market size of USD 2.4 Billion in 2025, holding a 34% share and expected to grow at a CAGR of 21.3% due to strong AI investments and government-backed digitalization initiatives.
- India followed with USD 1.6 Billion in 2025, holding a 23% share and expected to grow at a CAGR of 22.5% driven by rapid SME adoption and increasing e-commerce analytics demand.
- United Kingdom captured USD 1.1 Billion in 2025, holding a 16% share and expected to grow at a CAGR of 19.4% fueled by financial services and healthcare data analysis adoption.
By Application
Data Analysis & Forecasting
Data Analysis & Forecasting applications in text mining are widely used across industries to identify trends, enhance decision-making, and support predictive insights. More than 50% of enterprises rely on forecasting models powered by text mining to optimize operational efficiency and strategic planning.
Data Analysis & Forecasting accounted for USD 3.9 Billion in 2025, representing 32% of the total market. This segment is expected to grow at a CAGR of 18.2% from 2025 to 2034, driven by predictive analytics, big data adoption, and real-time decision support.
Top 3 Major Dominant Countries in the Data Analysis & Forecasting Segment
- United States led the segment with USD 1.4 Billion in 2025, holding a 36% share and expected to grow at a CAGR of 17.9% due to advanced analytics adoption.
- Germany followed with USD 0.9 Billion in 2025, holding a 23% share and expected to grow at a CAGR of 18.5% driven by industrial digitalization.
- China captured USD 0.8 Billion in 2025, holding a 21% share and expected to grow at a CAGR of 19.1% due to investments in AI and big data.
Fraud/Spam Detection
Fraud/Spam Detection applications dominate industries like banking, telecommunications, and e-commerce, where text mining enhances security and risk mitigation. Over 40% of financial institutions deploy fraud analytics, with text mining reducing fraudulent activities by more than 25%.
Fraud/Spam Detection accounted for USD 2.7 Billion in 2025, representing 22% of the total market. This segment is expected to grow at a CAGR of 17.5% from 2025 to 2034, driven by cybersecurity needs, digital transactions, and regulatory compliance.
Top 3 Major Dominant Countries in the Fraud/Spam Detection Segment
- United States led the segment with USD 1.0 Billion in 2025, holding a 37% share and expected to grow at a CAGR of 17.1% due to digital payment expansion.
- India followed with USD 0.7 Billion in 2025, holding a 26% share and expected to grow at a CAGR of 18.4% fueled by rapid fintech growth.
- United Kingdom captured USD 0.5 Billion in 2025, holding a 19% share and expected to grow at a CAGR of 16.9% owing to fraud management in banking.
Intelligence & Law Enforcement
Intelligence & Law Enforcement applications leverage text mining for security surveillance, crime analysis, and monitoring digital communications. Around 45% of government agencies employ text analytics tools for intelligence gathering and counter-terrorism purposes.
Intelligence & Law Enforcement accounted for USD 2.2 Billion in 2025, representing 18% of the total market. This segment is expected to grow at a CAGR of 17.1% from 2025 to 2034, driven by government surveillance programs, security requirements, and advanced policing technologies.
Top 3 Major Dominant Countries in the Intelligence & Law Enforcement Segment
- United States led the segment with USD 0.8 Billion in 2025, holding a 36% share and expected to grow at a CAGR of 16.8% due to investments in defense intelligence.
- China followed with USD 0.7 Billion in 2025, holding a 32% share and expected to grow at a CAGR of 17.5% due to surveillance initiatives.
- United Kingdom captured USD 0.4 Billion in 2025, holding a 19% share and expected to grow at a CAGR of 17.2% driven by law enforcement modernization.
Customer Relationship Management (CRM)
Customer Relationship Management (CRM) applications of text mining focus on analyzing consumer feedback, sentiment analysis, and personalized engagement. More than 60% of enterprises use CRM text mining tools to enhance customer experience and loyalty.
CRM accounted for USD 3.4 Billion in 2025, representing 28% of the total market. This segment is expected to grow at a CAGR of 18.9% from 2025 to 2034, driven by personalization, customer satisfaction initiatives, and AI-powered engagement platforms.
Top 3 Major Dominant Countries in the CRM Segment
- China led the CRM segment with USD 1.2 Billion in 2025, holding a 35% share and expected to grow at a CAGR of 19.6% due to rapid e-commerce expansion.
- United States followed with USD 1.0 Billion in 2025, holding a 29% share and expected to grow at a CAGR of 18.2% owing to digital marketing adoption.
- India captured USD 0.7 Billion in 2025, holding a 21% share and expected to grow at a CAGR of 19.1% supported by telecom and retail growth.
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Text Mining Market Regional Outlook
The Global Text Mining Market size was valued at USD 10.3 Billion in 2024 and is projected to reach USD 12.15 Billion in 2025, further advancing to USD 53.73 Billion by 2034 at a CAGR of 17.96%. Regionally, North America accounts for 35% share, Europe holds 25%, Asia-Pacific dominates with 30%, while Middle East & Africa represents 10% of the global market.
North America
North America leads the Text Mining Market driven by early technology adoption, strong IT infrastructure, and demand from financial services, healthcare, and government agencies. Over 40% of enterprises in the United States and Canada actively integrate text mining for fraud detection, customer engagement, and compliance monitoring.
North America held the largest share in the Text Mining Market, accounting for USD 4.25 Billion in 2025, representing 35% of the total market. This segment is expected to grow steadily, driven by investments in analytics, cloud adoption, and artificial intelligence integration.
North America - Major Dominant Countries in the Text Mining Market
- United States led the North America segment with USD 2.1 Billion in 2025, holding a 49% share and driven by digital transformation in enterprises and government programs.
- Canada followed with USD 1.2 Billion in 2025, holding a 28% share and supported by fintech expansion and healthcare analytics adoption.
- Mexico captured USD 0.95 Billion in 2025, holding a 23% share due to increasing demand in retail and e-commerce sectors.
Europe
Europe demonstrates strong growth in the Text Mining Market, supported by regulatory compliance, advanced manufacturing, and adoption in banking and insurance. More than 38% of European enterprises leverage text analytics for customer sentiment analysis and business intelligence.
Europe accounted for USD 3.0 Billion in 2025, representing 25% of the global market. This segment is expected to expand, driven by digital initiatives, legal compliance requirements, and demand for multilingual text processing.
Europe - Major Dominant Countries in the Text Mining Market
- Germany led Europe with USD 1.1 Billion in 2025, holding a 36% share, fueled by industrial automation and compliance-driven analytics.
- United Kingdom followed with USD 0.95 Billion in 2025, holding a 32% share due to banking, retail, and e-commerce adoption.
- France captured USD 0.8 Billion in 2025, holding a 27% share supported by public sector and healthcare initiatives.
Asia-Pacific
Asia-Pacific is the fastest-growing regional market for text mining, driven by rapid digitalization, AI investments, and strong adoption across e-commerce and telecom. More than 45% of regional enterprises rely on text mining for CRM and fraud detection.
Asia-Pacific accounted for USD 3.65 Billion in 2025, representing 30% of the global market. This region is projected to grow quickly, supported by rising cloud adoption, government digital initiatives, and SME integration of advanced analytics.
Asia-Pacific - Major Dominant Countries in the Text Mining Market
- China led Asia-Pacific with USD 1.5 Billion in 2025, holding a 41% share due to e-commerce and AI-focused investments.
- India followed with USD 1.1 Billion in 2025, holding a 30% share fueled by digital transformation and fintech growth.
- Japan captured USD 0.8 Billion in 2025, holding a 22% share driven by demand in automotive and electronics sectors.
Middle East & Africa
Middle East & Africa shows steady adoption of text mining technologies, supported by growing financial services, government projects, and telecom. Over 25% of enterprises in this region leverage text mining to improve customer service and security.
Middle East & Africa accounted for USD 1.2 Billion in 2025, representing 10% of the global market. Growth is driven by increasing digital infrastructure, rising e-commerce, and adoption in government data monitoring projects.
Middle East & Africa - Major Dominant Countries in the Text Mining Market
- United Arab Emirates led the region with USD 0.45 Billion in 2025, holding a 38% share due to smart city and fintech projects.
- South Africa followed with USD 0.4 Billion in 2025, holding a 33% share supported by telecom and retail analytics demand.
- Saudi Arabia captured USD 0.25 Billion in 2025, holding a 21% share driven by government-led digitalization programs.
List of Key Text Mining Market Companies Profiled
- SAS Institute
- Lexalytics
- Microsoft
- IBM
- RapidMiner
- Predixion Software
- Confirmit
- Angoss Software
- SAP SE
Top Companies with Highest Market Share
- IBM: holds over 22% of the global text mining market share, driven by advanced AI integration and enterprise adoption.
- Microsoft: captures nearly 19% of the market share, supported by strong cloud platform integration and cross-industry usage.
Investment Analysis and Opportunities in Text Mining Market
Investment in the text mining market is expanding rapidly, with more than 65% of enterprises increasing budgets for data-driven strategies. Around 58% of venture capital firms actively fund AI and text analytics startups, highlighting growing opportunities. Nearly 70% of financial institutions and 55% of healthcare providers are adopting these solutions, creating investment avenues across high-demand sectors. With over 40% of SMEs now integrating cloud-based analytics, investors see strong scalability and long-term growth. Furthermore, 30% of global enterprises are focusing on multilingual text processing, presenting new opportunities for product diversification and market penetration.
New Products Development
New product development in the text mining market is accelerating, with over 50% of vendors focusing on AI-powered solutions. More than 45% of product launches emphasize real-time analytics, enhancing decision-making across industries. Nearly 60% of companies are integrating sentiment analysis features, while 35% are deploying predictive analytics tools within customer engagement platforms. Around 55% of new solutions are cloud-based, supporting flexible deployment and scalability for SMEs. Additionally, 40% of firms are innovating in healthcare and legal text analytics, targeting high-demand applications. This strong focus on product innovation is reshaping competitive dynamics and expanding end-user adoption globally.
Developments
- IBM Collaboration with AI Startups: In 2024, IBM partnered with multiple AI-focused startups to enhance text mining capabilities. Over 45% of enterprises reported improved adoption due to integration with advanced AI models, boosting usage in financial and healthcare domains.
- Microsoft Azure Text Analytics Expansion: Microsoft expanded its Azure-based text analytics services in 2024, increasing global adoption by 38%. This initiative enabled 55% of SMEs to access real-time text mining solutions with improved scalability and reduced infrastructure dependency.
- SAS Institute Advanced Sentiment Analysis Tools: SAS launched sentiment analysis modules in 2024, with over 50% accuracy improvements reported across multilingual datasets. Nearly 40% of retail enterprises integrated these tools to enhance customer engagement and personalized marketing campaigns.
- SAP SE Cloud-Driven Integration: SAP expanded its cloud-based text mining platform in 2024, enabling over 60% of large enterprises to streamline unstructured data management. This move improved adoption rates in logistics and supply chain analytics by 35%.
- RapidMiner Industry-Specific Solutions: RapidMiner introduced tailored text mining solutions for banking and telecom in 2024, capturing interest from 33% of organizations in these sectors. This development boosted demand for fraud detection and compliance monitoring capabilities.
Report Coverage
The Text Mining Market report provides comprehensive coverage of industry insights, competitive landscape, and future growth opportunities. It examines the market size, segmentation by type, application, and regional performance, offering detailed analysis across major economies. More than 70% of the report emphasizes technological trends, particularly the integration of artificial intelligence, cloud-based platforms, and machine learning within text analytics. Around 60% of content highlights application-based adoption, covering areas like fraud detection, CRM, and law enforcement. The coverage also includes regional breakdowns, with Asia-Pacific accounting for 30% share, North America at 35%, Europe at 25%, and Middle East & Africa at 10%. Approximately 50% of the report content is dedicated to competitive profiling of key players, including SAS Institute, Microsoft, IBM, and SAP SE, outlining strategies such as product innovation and strategic partnerships. Furthermore, more than 40% of the coverage explores investment opportunities, highlighting strong demand in industries such as healthcare, banking, and e-commerce. The report provides valuable insights for stakeholders, investors, and enterprises, enabling data-driven decisions, while also capturing more than 55% of ongoing product developments and innovations reshaping the industry landscape.
| Report Coverage | Report Details |
|---|---|
|
By Applications Covered |
Data Analysis & Forecasting, Fraud/Spam Detection, Intelligence & Law Enforcement, Customer Relationship Management (CRM) |
|
By Type Covered |
On-Premise, Cloud-Based |
|
No. of Pages Covered |
117 |
|
Forecast Period Covered |
2025 to 2034 |
|
Growth Rate Covered |
CAGR of 17.96% during the forecast period |
|
Value Projection Covered |
USD 53.73 Billion by 2034 |
|
Historical Data Available for |
2020 to 2023 |
|
Region Covered |
North America, Europe, Asia-Pacific, South America, Middle East, Africa |
|
Countries Covered |
U.S. ,Canada, Germany,U.K.,France, Japan , China , India, South Africa , Brazil |
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