Natural Language Processing Market Intelligence Report - Global Forecast to 2027

Natural Language Processing Market Intelligence Report - Global Forecast to 2027

The Global Natural Language Processing Market is projected to reach USD 40,791.72 million by 2027 from USD 16,076.72 million in 2021, at a CAGR 16.78% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Natural Language Processing Market size was estimated at USD 5,985.64 million in 2021 and expected to reach USD 6,911.43 million in 2022, at a CAGR 16.44% to reach USD 14,924.84 million by 2027.
• The Asia-Pacific Natural Language Processing Market size was estimated at USD 4,842.69 million in 2021 and expected to reach USD 5,705.64 million in 2022, at a CAGR 17.22% to reach USD 12,563.54 million by 2027.
• The Europe, Middle East & Africa Natural Language Processing Market size was estimated at USD 5,248.39 million in 2021 and expected to reach USD 6,110.70 million in 2022, at a CAGR 16.76% to reach USD 13,303.33 million by 2027.

Market Segmentation & Coverage:

The report on natural language processing identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the natural language processing to forecast the revenues and analyze the trends in each of the following sub-markets:

Type:

• Hybrid
• Rule-Based
• Statistical

Technology:

• Autocoding
• Classification & Categorization
• Interactive Voice Response
• Optical Character Recognition
• Pattern & Image Recognition
• Speech Analytics
• Text Analytics

Industry:

• Automotive
• BFSI
• Government
• Healthcare & Life Sciences
• High-Tech & Electronics
• Media & Entertainment
• Research & Education
• Retail & Consumer Goods

Deployment:

• On-Cloud
• On-Premise

Application:

• Information Extraction
• Machine Translation
• Question Answering
• Report Generation
• Text Processing

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• 3M Company
• Amazon Web Services, Inc.
• Apple, Inc.
• Automated Insights, Inc.
• Bitext Innovations, S.L
• Conversica, Inc.
• Dolbey Systems, Inc.
• Google LLC by Alphabet Inc.
• Health Fidelity, Inc.
• Inbenta Technologies Inc.
• Intel Corporation
• International Business Machines Corporation
• Linguamatics Ltd.
• Meta Platforms, Inc.
• Microsoft Corporation
• NetBase Quid
• Rosoka Software, Inc.
• SAS Institute Inc.
• SparkCognition, Inc.
• Verint Systems Inc.

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 16,076.72 million

Estimated Year Value: USD 18,727.78 million

Forecast Year Value: USD 40,791.72 million

CAGR (%): 16.78%.

Please Note: PDF & Excel + Online Access - 1 Year