openPR Logo
Press release

Natural Language Processing (NLP) Market Growth Analysis by Apple, Oracle, Microsoft, IBM, HP, Dolbey Systems, SAS Institute, Net base Solution, Verint Systems, 3M

07-06-2018 03:06 PM CET | IT, New Media & Software

Press release from: Market Research Future

Natural Language Processing (NLP) Market Growth Analysis

Global Natural Language Processing Market research report: by Technology (auto-coding, text analytics, pattern & image recognition, and speech analytics), by type (rule-based, statistical and hybrid), by Service (integration, consulting and maintenance), by deployment (on-premise, on-demand), by Vertical (healthcare, Retail Sector, Media & Entertainment) - Forecast till 2023

The natural language processing market is expected to grow at a CAGR of 24% over the forecast period 2017-2023.

Some of the major players identified in the global natural language processing (NLP) market are IBM Corporation (U.S.), 3M Co. (U.S.), Hewlett-Packard Co. (U.S.), Apple Inc. (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Dolbey Systems Inc. (U.S.), SAS Institute Inc. (U.S.), Netbase Solutions Inc. (U.S.), and Verint Systems Inc (U.S.) among others

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1288

Market Highlights
Natural language processing (NLP) is a method to translate between computer and human languages. It is a method of getting a computer to understandably read a line of text without the computer being fed some sort of clue or calculation. In other words, NLP automates the translation process between computers and humans.

The competitive landscape of the global Natural Language Processing Market is formed by major players of the market and some of the new entrants. The virtual reality has driven many areas like healthcare, retail, media and entertainment, and others. North America leads the global natural language processing market. Many of technical giants like Microsoft, Apple, and 3M have already showed their footprints in global natural language processing market. Nuance Communications, which specializes in speech and text, developed an application, which is a robust modern language processing systems. The application has a clinical language understanding (CLU) engine that is specialized to recognize and understand a wide variety of medical terms including a broad clinical vocabulary and codling schema such as ICD-9,10, SNOMED, LOINC, etc. Texts or speech can be scanned and presented for placement in the EHR. Alternatively, mapping can be defined to provide a specific rule set. Nuance can be used to dictate notes that are automatically entered as data rather than as text. It can also be used to scan internal (to the EHR) text or external documents.

IBM Corporation unveiled its latest development in the field of natural language processing. IBM’s Watson natural language understands advanced text analytics. Natural language understanding includes the core functions of Alchemy language along with some improvements and consolidation. Its understanding returns both overall sentiment and emotion for a document and targeted sentiment and emotion towards keywords in the text.

Increasing adoption of NLP solutions across verticals is driving the growth of the natural language processing market. Moreover, growing demand for M2M translation and increasing application areas are expected to fuel the global natural language processing market growth.

NLP Market Segments
By Technology
Auto Coding
Text Analytics
Optical Character Recognition (OCR)
Interactive Voice Response
Pattern and Image Recognition
Speech Analytics

By Type
Rule-based natural language processing
Statistical natural language processing
Hybrid natural language processing

By Service
Integration Service
Consulting Service
Maintenance Service

By Deployment
On-Premise
On-Demand

By Vertical
Healthcare
Retail
Media & Entertainment
Manufacturing
Others

By Region
North America
Europe
Asia Pacific
Rest of the world

Get Complete Report @ https://www.marketresearchfuture.com/reports/natural-language-processing-market-1288

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact
Market Research Future:
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Natural Language Processing (NLP) Market Growth Analysis by Apple, Oracle, Microsoft, IBM, HP, Dolbey Systems, SAS Institute, Net base Solution, Verint Systems, 3M here

News-ID: 1114116 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for NLP

Healthcare Natural Language Processing (NLP) Market | Global and Regional Ana …
Healthcare Natural Language Processing (NLP) Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Healthcare Natural Language Processing (NLP) market across the globe, including valuable facts and figures. Healthcare Natural Language Processing (NLP) Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive
Healthcare Natural Language Processing (NLP) Market including top key players NL …
Los Angeles, United States, North America including Q1-2021 analysis The report named, Global Healthcare Natural Language Processing (NLP) Market has been added to the archive of market research studies by JCMR. The industry experts and researchers have offered reliable and precise analysis of the Healthcare Natural Language Processing (NLP) in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This Healthcare Natural Language Processing
Healthcare Natural Language Processing (NLP) Market Impressive Gains including k …
Los Angeles, United State, – including Q4 analysis The report named, Global Healthcare Natural Language Processing (NLP) Market has been added to the archive of market research studies by JCMR. The industry experts and researchers have offered reliable and precise analysis of the Healthcare Natural Language Processing (NLP) in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This report will surely act as
Healthcare Natural Language Processing (NLP) Market to 2018-2025| NLP Technologi …
Researchmoz added Most up-to-date research on "Global Healthcare Natural Language Processing (NLP) Market Size, Status and Forecast 2018-2025" to its huge collection of research reports. This report focuses on the global Healthcare Natural Language Processing (NLP) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare Natural Language Processing (NLP) development in United States, Europe and China. Natural language processing (NLP) technologies allows humans
Healthcare Natural Language Processing (NLP) Market by Top Manufacturers - NLP T …
Natural language processing (NLP) technologies allows humans to interact with computers through conventional languages such as English and German instead of artificial languages such as Java and C++. These technologies use a computer to process, analyze, and generate computational linguistics on the basis of human languages. The global Healthcare Natural Language Processing (NLP) Market is explained in detail in this report, starting with a basic overview, which includes definitions and major
Healthcare Natural Language Processing (NLP) Market 2018 Global Analysis By Key …
WiseGuyReports.Com Publish a New Market Research Report On –“ Global Healthcare Natural Language Processing (NLP) Market Size, Status and Forecast 2018-2025”. Description:- This report focuses on the global Healthcare Natural Language Processing (NLP) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare Natural Language Processing (NLP) development in United States, Europe and China. Natural language processing (NLP) technologies allows humans to interact with computers