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.
North America region accounts for highest market share in sentiment analytics market owing to presence of major players in the region and adoption of sentiment analytics solution by small and big enterprises. Countries such as US and Canada contributes large amount of revenue in the sentiment analytics market in the region. Asia‐Pacific region is expected to be growing at the highest CAGR. Enterprises in the region are investing huge in sentiment analytical tools to improve business efficiency and productivity and growing sentiment companies in the region is boosting the market in the region.

Market Analysis and Insights: Global Sentiment Analytics Market
The global Sentiment Analytics market size is projected to reach US$ 6357.3 million by 2027, from US$ 3702.3 million in 2020, at a CAGR of 7.9% during 2021-2027.
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On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Sentiment Analytics market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Sentiment Analytics market.

Global Sentiment Analytics Scope and Market Size
Sentiment Analytics market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sentiment Analytics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cloud
On-Premise

Segment by Application
Retail
BFSI
Healthcare & Life sciences
Education
Media & Entertainment
Transportation & Logistics
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Angoss Sentiment Corporation (Canada)
Clarabridge (US)
IBM (US)
SAS Institute (US)
Aylien (Ireland)
Bottlenose.Com (US)
Crowdflower (US)
Brandwatch (U.K.)
Twizoo (U.K.)
Adoreboard (U.K.)