Natural Language Understanding (NLU) Market, Global Outlook and Forecast 2023-2032
This report aims to provide a comprehensive presentation of the global market for Natural Language Understanding (NLU), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Natural Language Understanding (NLU). This report contains market size and forecasts of Natural Language Understanding (NLU) in global, including the following market information:
Global Natural Language Understanding (NLU) Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Natural Language Understanding (NLU) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Machine Translation Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Natural Language Understanding (NLU) include IBM Watson, Nuance Communications, Amazon AWS, Microsoft, SAS, Idiap and The Aspect NLU Lab, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural Language Understanding (NLU) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Natural Language Understanding (NLU) Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Natural Language Understanding (NLU) Market Segment Percentages, by Type, 2022 (%)
Machine Translation
Voice-First Technologies
Chatbots
Conversational Search
Global Natural Language Understanding (NLU) Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Natural Language Understanding (NLU) Market Segment Percentages, by Application, 2022 (%)
Manufacturing
Healthcare
Other
Global Natural Language Understanding (NLU) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Natural Language Understanding (NLU) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Natural Language Understanding (NLU) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Natural Language Understanding (NLU) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM Watson
Nuance Communications
Amazon AWS
Microsoft
SAS
Idiap
The Aspect NLU Lab
Outline of Major Chapters:
Chapter 1: Introduces the definition of Natural Language Understanding (NLU), market overview.
Chapter 2: Global Natural Language Understanding (NLU) market size in revenue.
Chapter 3: Detailed analysis of Natural Language Understanding (NLU) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Natural Language Understanding (NLU) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
