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

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

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The global Natural Language Processing (NLP) market size is anticipated to reach over USD 41 billion by 2025. This can be attributed to the increase in internet penetration in developing countries such as India, China, and others. – PowerPoint PPT presentation

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


1
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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2
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.

3
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

4
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

5
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

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters 3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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