Natural Language Processing Market, By Solution (Hardware, Software, Services), By Technology (Interactive Voice Response (IVR), Optical Character Recognition (OCR), Text Analytics , Speech Analytics, Classification and Categorization, Pattern and Image R
Natural Language Processing Market, By Solution (Hardware, Software, Services), By Technology (Interactive Voice Response (IVR), Optical Character Recognition (OCR), Text Analytics , Speech Analytics, Classification and Categorization, Pattern and Image Recognition, Others), By Industry Vertical (BFSI, Healthcare, IT and Telecom, Retail, Manufacturing, Media and Entertainment, Other End-use Industries), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Natural language processing (NLP) is an area of artificial intelligence that deals with the interaction between computers and humans using the natural language. NLP uses machine learning and deep learning algorithms to understand, interpret, and generate human language. By utilizing these technologies, NLP facilitates human-computer interaction in various applications such as text analytics, machine translation, chatbots, virtual assistants, and voice assistants. It is evolving rapidly with advancements in deep learning techniques that offers new opportunities in fields like conversational AI, sentiment analysis, and others.
Market Dynamics:
Global natural language processing market growth is driven by growing online interactions through various digital mediums and rising need for managing large volumes of unstructured text data in organizations. NLP helps to extract useful information from huge amounts of text data through machine learning and linguistic techniques. Developing more accurate and contextual NLP models using deep learning advancements and integrating them into various applications like business software and customer support systems can offer new market growth opportunities. However, lack of quality datasets for training algorithms and difficulties generalizing models can hamper the market growth. Evolving natural languages and interpreting ambiguous texts can also hamper the market growth.
Key features of the study:
This report provides in-depth analysis of the global natural language processing market, and provides market size (US$ billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global natural language processing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Adobe Inc., Amazon.com, Inc., Baidu Inc., Google, LLC., Hewlett Packard Enterprise Development LP, IBM Corporation, Inbenta Holdings Inc., Intel Corporation, JUST AI LIMITED, Linguamatics, Microsoft Corporation, NetBase Quid, Inc., NVIDIA Corporation, Qualcomm Incorporated, SAP SE, SAS Institute Inc., SoundHound AI, Inc., Texas Instrument, Verint System Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global natural language processing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global natural language processing market
Detailed Segmentation-
By Solution
Hardware
Software
Services
By Technology
Interactive Voice Response (IVR)
Optical Character Recognition (OCR)
Text Analytics
Speech Analytics
Classification and Categorization
Pattern and Image Recognition
Others (Auto Coding, Professional Services, and Others)
By Industry Vertical
BFSI
Healthcare
IT and Telecom
Retail
Manufacturing
Media and Entertainment
Other End-use Industries
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players Insights
Adobe Inc.
Amazon.com, Inc.
Baidu Inc.
Google, LLC.
Hewlett Packard Enterprise Development LP
IBM Corporation
Inbenta Holdings Inc.
Intel Corporation
JUST AI LIMITED
Linguamatics
Microsoft Corporation
NetBase Quid, Inc.
NVIDIA Corporation
Qualcomm Incorporated
SAP SE
SAS Institute Inc.
SoundHound AI, Inc.
Texas Instrument
Verint System Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Solution
Market Snippet, By Technology
Market Snippet, By Industry Vertical
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launch/Approvals
Impact of COVID-19 Pandemic
4. Global Natural Language Processing Market, By Solution, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Hardware
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Software
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Services
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
5. Global Natural Language Processing Market, By Technology, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Interactive Voice Response (IVR)
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Optical Character Recognition (OCR)
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Text Analytics
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Speech Analytics
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Classification and Categorization
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Pattern and Image Recognition
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
Others (Auto Coding, Professional Services, and Others)
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
6. Global Natural Language Processing Market, By Industry Vertical, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
BFSI
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Healthcare
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
IT and Telecom
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Retail
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Manufacturing
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Media and Entertainment
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Other End-use Industries
Introduction
Market Size and Forecast, 2019–2031, (US$ Billion)
7. Global Natural Language Processing Market, By Region, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
North America
Regional Trends
Market Size and Forecast, By Solution, 2019–2031, (US$ Billion)
Market Size and Forecast, By Technology, 2019–2031, (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031, (US$ Billion)
Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Solution, 2019–2031, (US$ Billion)
Market Size and Forecast, By Technology, 2019–2031, (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031, (US$ Billion)
Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Solution, 2019–2031, (US$ Billion)
Market Size and Forecast, By Technology, 2019–2031, (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031, (US$ Billion)
Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Solution, 2019–2031, (US$ Billion)
Market Size and Forecast, By Technology, 2019–2031, (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031, (US$ Billion)
Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Solution, 2019–2031, (US$ Billion)
Market Size and Forecast, By Technology, 2019–2031, (US$ Billion)
Market Size and Forecast, By Industry Vertical, 2019–2031, (US$ Billion)
Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
South Africa
GCC Countries
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Adobe Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Amazon.com, Inc.
Baidu Inc.
Google, LLC.
Hewlett Packard Enterprise Development LP
IBM Corporation
Inbenta Holdings Inc.
Intel Corporation
JUST AI LIMITED
Linguamatics
Microsoft Corporation
NetBase Quid, Inc.
Qualcomm Incorporated
SAP SE
SAS Institute Inc.
SoundHound AI, Inc.
Texas Instrument
Verint System Inc.
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
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