Natural Language Processing Market 2020 Trends, Size, Share, Growth Opportunities, Emerging Technologies, Regional, Key Players and Forecast to 2025

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Natural Language Processing (NLP) Market

• by Application (Machine Translation, Information
  Extraction, Automatic Summarization, Text
  Classification, Sentiment Analysis, Others), Data
  Type (Text, Voice/Speech, and Image), End-user
  (BFSI, IT and Telecom, Retail, Media and
  Entertainment, Education, Others), and by Region,
  Global Forecast 2018 to 2025

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The Growing Demand For Analyzing The Data
Generated From Conversations To Enhance The
Customer Experience Is Fueling Growth In Natural
Language Processing (NLP) Demand

• The global Natural Language Processing (NLP)
  market size is expected to surpass USD 41 billion
  by 2025, at a CAGR of 23 . This is owing to the
  growing demand for analyzing the data generated
  from conversations, social media, and other
  sources to enhance the customer experience. NLP
  allows devices and systems to read, understand
  and provide insights by analyzing human
  languages. One of the major use of NLP is in
  customer service centers and Healthcare. In
  Healthcare, it is used to recognize and predict
  diseases based on the patients electronic health
  records and speech. Similarly, in customer
  service centers, it is being used to predict
  customer demand in real-time and allowing
  services agents to provide optimal solutions.
  However, the initial setup costs rise and a lack
  of skilled professionals to understand the
  outcome of NLP is anticipated to hamper the
  market growth.
• The report also highlights numerous aspects of
  the global Natural Language Processing by
  evaluating the market through value chain
  analysis. Besides, the report covers numerous
  qualitative aspects of the Natural Language
  Processing (NLP) industry in market drivers,
  restraints, and key industry opportunities.
  Furthermore, the report offers a complete
  assessment of the market rivalry along with
  company profiling of local as well as global
  vendors.
• The Natural Language Processing (NLP) market has
  strong competition among the well-established as
  well as new emerging players. Also, the Natural
  Language Processing technology players are
  targeting prospective markets to capture a
  competitive advantage over the other industry
  players by forming agreements, mergers
  acquisitions, acquiring new startups other
  companies, forming collaboration and
  partnerships, and expanding their business
  presence.

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The Growing Demand For Analyzing The Data
Generated From Conversations To Enhance The
Customer Experience Is Fueling Growth In Natural
Language Processing (NLP) Demand

• North America is expected to contribute
  significantly in this market during the forecast
  period 20202025. This is due to the rapid
  developments in infrastructure and the high
  adoption of digital technologies in the region.
  Also, the presence of the majority of the key
  players in these regions is boosting the demand
  for NLP in North America. The US is expected to
  have the largest market share in the North
  American market, however, Canada will witness the
  fastest growth rate during the forecast period.
• The major players in the global Natural Language
  Processing (NLP) market are Google, IBM,
  Microsoft, Intel, Apple, AWS, and Facebook. The
  other potential players in the Natural Language
  Processing (NLP) market are Inbenta Technologies,
  3M, Veritone, Dolbey, Narrative Science,
  Lexalytics and Automated Insights. The NLP market
  is fragmented with the existence of well-known
  global and domestic players across the globe. It
  has been observed that the well-established
  companies are coming up with innovative and new
  versions of NLP technologies.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/natural-language-processing-nlp-market

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Segment Overview of Global Natural Language
Processing (NLP) Market

• By Application, 2018-2025 (USD Billion)
• Machine Translation
• Information Extraction
• Automatic Summarization
• Text Classification
• Sentiment Analysis
• Others
• By Data Type, 2018-2025 (USD Billion)
• Text
• Voice/Speech
• Image
• By End-user, 2018-2025 (USD Billion)
• BFSI
• IT and Telecom
• Retail
• Media and Entertainment
• Education

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Segment Overview of Global Natural Language
Processing (NLP) Market

• By Deployment, 2018-2025 (USD Billion)
• Cloud
• On-premises
• Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• South America
• Middle East Africa
• Purchase a single user copy of the global Natural
  Language Processing (NLP) market report_at_
  https//www.adroitmarketresearch.com/researchrepor
  t/purchase/1536

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