Global Natural Language Processing and Recognition Market Growth (Status and Outlook) 2023-2029

Global Natural Language Processing and Recognition Market Growth (Status and Outlook) 2023-2029

The demand for social intelligent artificial agents is increasing, the demand for voice-based biometric recognition systems to achieve multi-factor authentication is increasing, global technological progress and the growing demand for operational excellence are expected to be marketable in the near future Favored by the future. Natural language processing (NLP) is a subfield of artificial intelligence (AI) that enables computers to understand human language, including speech, stress, and contraction, to produce human-like speech and text. It performs human language-based lexical analysis to evaluate languages and datasets. NLP enables computers to perform tasks such as translation, problem solving, content classification, part-of-speech tagging, language detection, parsing, term debugging / stemming, and semantic reasoning. NLP-based applications are gaining attention in different applications such as speech and voice recognition, gesture recognition, computer-aided coding, and data mining.

LPI (LP Information)' newest research report, the “Natural Language Processing and Recognition Industry Forecast” looks at past sales and reviews total world Natural Language Processing and Recognition sales in 2022, providing a comprehensive analysis by region and market sector of projected Natural Language Processing and Recognition sales for 2023 through 2029. With Natural Language Processing and Recognition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Natural Language Processing and Recognition industry.

This Insight Report provides a comprehensive analysis of the global Natural Language Processing and Recognition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Natural Language Processing and Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Natural Language Processing and Recognition market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Natural Language Processing and Recognition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Natural Language Processing and Recognition.

The global Natural Language Processing and Recognition market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Natural Language Processing and Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Natural Language Processing and Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Natural Language Processing and Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Natural Language Processing and Recognition players cover Apple, Google, Microsoft, IBM, Affectiva, Beyond Verbal and Noldus Information Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Natural Language Processing and Recognition market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Facial Expression Recognition
Speech and Voice Recognition
Gesture and Posture Recognition

Segmentation by application
Medical Emergency
Marketing and Advertising
Law Enforcement, Surveillance, and Monitoring
Entertainment and Consumer Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Apple
Google
Microsoft
IBM
Affectiva
Beyond Verbal
Noldus Information Technology

Please note: The report will take approximately 2 business days to prepare and deliver.