Title: Global Natural Language Generation Market– Industry Trends and Forecast to 2025
1 Global Natural Language Generation Market
Global Natural Language Generation Market
Industry Trends and Forecast to 2025
Global Natural Language Generation Market, By
Component (Software, Services), By Business
Function (Finance, Operations, Marketing, Human
Resources), By Deployment Model (Cloud, On
Premises), By Organization Size (Small Medium,
Large), Application (Predictive Maintenance,
Fraud Detection), End User, By Geography (North
America, Europe, Asia-Pacific, Europe, South
America, Middle East Africa) Industry Trends
and Forecast to 2025
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2Report Description
Natural language generation (NLG) is a sub
section of artificial intelligence (AI) which
produces dialect as output based on information
input. There are assortments of ways the
innovation is being utilized, essentially to
enhance profitability via reporting activities,
mechanizing time-intensive data analysis and to
build the estimation of information driven
products by drawing in clients with instinctive
natural language interfaces. Development of NLG
Product will act as driving factor which will
lead the natural language generation market.
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3Competitive Landscape
The global natural language generation market is
consolidated due to the presence of limited
number of players concentrated in few countries.
These major players have adopted various organic
as well as inorganic growth strategies such as
mergers acquisitions, new product launches,
expansions, agreements, joint ventures,
partnerships, and others to strengthen their
position in this market.
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4Market Segmentation
- The natural language generation market is
segmented based on component, business function,
deployment model, organization size, application
end-users and geographical segments. - Based on component, the market is segmented into
software, services. Services are sub segmented
into professional services and managed services.
Professional services are further sub segmented
into consulting services and training and
support. - On the basis of business function, the market is
segmented into finance, operations, marketing and
sales, human resources and legal. - On the basis of deployment model, the market is
segmented into cloud and on premises
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5Major Market Competitors
Some of the major players in the market are IBM
Corporation, Automated Insights, Inc., Amazon Web
Services, Inc., AX Semantics, Phrasetech,
NARRATIVEWAVE, Yseop, Narrativa, Artificial
Solutions, CoGenTex, Narrative Science,
Conversica, Linguastat, Textual Relations,
Phrasee, Retresco, 2txt - natural language
generation GmbH and vPhrase among others.
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6About Data Bridge Market Research
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