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
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
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
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…
