Natural language processing (NLP) Market, Global Outlook and Forecast 2023-2032
Natural language processing (NLP) is a branch of artificial intelligence that deals with the interaction between computers and humans using the natural language (spoken or written data), not in the artificial languages such as Java and C++.
This report aims to provide a comprehensive presentation of the global market for Natural language processing (NLP), 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 processing (NLP). This report contains market size and forecasts of Natural language processing (NLP) in global, including the following market information:
Global Natural language processing (NLP) Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Natural language processing (NLP) market was valued at US$ 2271.9 million in 2022 and is projected to reach US$ 4550.3 million by 2029, at a CAGR of 10.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Natural Language Processing (NLP) key players include 3M, Linguamatics, Amazon AWS, etc. Global top three manufacturers hold a share about 35%.
United States is the largest market, with a share about 65%, followed by Europe and China, both have a share about 25 percent.
In terms of product, Machine Translation is the largest segment, with a share about 45%. And in terms of application, the largest application is Electronic Health Records (EHR), followed by Computer-Assisted Coding (CAC).
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Natural language processing (NLP) 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 processing (NLP) Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Natural language processing (NLP) Market Segment Percentages, by Type, 2022 (%)
Rule-Based
Statistical
Hybrid
Global Natural language processing (NLP) Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Natural language processing (NLP) Market Segment Percentages, by Application, 2022 (%)
Web Search
Language Translation
Customer Service
Global Natural language processing (NLP) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Natural language processing (NLP) 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 processing (NLP) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Natural language processing (NLP) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apple Incorporation
Dolbey Systems
Google
Microsoft Corporation
Verint Systems
3M
IBM Incorporation
NetBase Solutions
SAS Institute Inc
HP
Baidu
Outline of Major Chapters:
Chapter 1: Introduces the definition of Natural language processing (NLP), market overview.
Chapter 2: Global Natural language processing (NLP) market size in revenue.
Chapter 3: Detailed analysis of Natural language processing (NLP) 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 processing (NLP) 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.
