Latest research report on “Natural Language Processing (NLP) Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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 contains market size and forecasts of Natural Language Processing (NLP) in Global, including the following market information:
Global Natural Language Processing (NLP) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Natural Language Processing (NLP) market was valued at 867.4 million in 2021 and is projected to reach US$ 2972.1 million by 2028, at a CAGR of 19.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Machine Translation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Natural Language Processing (NLP) include 3M, Linguamatics, Amazon AWS, Nuance Communications, SAS, IBM, Microsoft Corporation, Averbis and Health Fidelity and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
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, 2017-2022, 2023-2028 ($ millions)
Global Natural Language Processing (NLP) Market Segment Percentages, by Type, 2021 (%)
– Machine Translation
– Information Extraction
– Automatic Summarization
– Text and Voice Processing
– Others
Global Natural Language Processing (NLP) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Natural Language Processing (NLP) Market Segment Percentages, by Application, 2021 (%)
– Electronic Health Records (EHR)
– Computer-Assisted Coding (CAC)
– Clinician Document
– Others
Global Natural Language Processing (NLP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Natural Language Processing (NLP) Market Segment Percentages, By Region and Country, 2021 (%)
– 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, 2017-2022 (estimated), ($ millions)
Key companies Natural Language Processing (NLP) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– 3M
– Linguamatics
– Amazon AWS
– Nuance Communications
– SAS
– IBM
– Microsoft Corporation
– Averbis
– Health Fidelity
– Dolbey Systems
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