GLOBAL LANGUAGE PROCESSING MARKET TO GROW AT A CAGR OF 13.33% DURING THE PERIOD 2017-2021 | Competitive Major Vendors - Hewlett Packard Enterprise (HPE), IBM, Microsoft, SAS Institute

Press Release - 20 June 2018
Research and Development News --
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Latest Update "Global Language Processing Market 2017-2021" with Industries Survey | Global Current Growth and Future.
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- About Language Processing

Language processing involves the automation of reading text with the use of sophisticated algorithms. Language processing engines identify words and grammar to derive meaning from large amounts of text. In addition, it combines artificial intelligence with computational linguistics to process and understand the natural language received by the computer.

Technavios analysts forecast the global language processing market to grow at a CAGR of 13.33% during the period 2017-2021.
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– Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1166464
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- Covered in this report

The report covers the present scenario and the growth prospects of the global language processing market for 2017-2021. To calculate the market size, the report considers the sale of language processing solutions that include linguistic and statistical algorithms.

- The market is divided into the following segments based on geography:

APAC
Europe
MEA
North America
South America

Technavio's report, Global Language Processing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

- Key vendors

Hewlett Packard Enterprise (HPE)
IBM
Microsoft
SAS Institute
Verint Systems

- Other prominent vendors

3M
Apple
AYLIEN
Basis Technology
Cerner Systems
Dolbey Systems
Envion Software
Google
Intel
Linguamatics
MModal IP
NetBase Solutions
Nuance Communication
Oracle
Sensory

- Market driver

Increased investments in speech solutions
For a full, detailed list, view our report

- Market challenge

High investment for developing and implementing the software
For a full, detailed list, view our report

- Market trend

Increased use of IP-based IVRs
For a full, detailed list, view our report
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– More Clear Details get Table of Contents_https://www.researchmoz.us/global-language-processing-market-2017-2021-report.html/toc
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- Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.