Natural Language Generation Market will Grow at 21.1% CAGR by 2025 | Top Worldwide Key Players - IBM, Automated Insights, Amazon Web Services, AX Semantics, Phrasetech, Yseop, Narrativa, Artificial Solutions, CoGenTex, Narrative Science

Marketprognosis.com Publish a New Market Research Report On “Global Natural Language Generation Market– Industry Trends and Forecast to 2025” which contains global key player’s survey information and forecast to 2025.

Overview of the Global Natural Language Generation Market:

The Global Natural Language Generation Market accounted for USD 279.5 Million in 2017 and is projected to grow at a CAGR of 21.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Natural Language Generation (NLG) is a sub section of artificial intelligence (AI) which produces dialect as output based on information input. There are assortments of ways the innovation is being utilized, essentially to enhance profitability via reporting activities, mechanizing time-intensive data analysis and to build the estimation of information driven products by drawing in clients with instinctive natural language interfaces. Development of NLG Product will act as driving factor which will lead the natural language generation market. For instance, In September 2016, Arria NLG launched Recount software as a service (SaaS) business reporting tool which is being intended to work with huge web based accounting frameworks such as Quickbooks, Sage and Xero providing clients with instant financial bits of knowledge, communicated in plain dialect. In October 2017, Automated Insights, Inc. brought a new integration which makes more people to participate NLG directly within their Tableau dashboards. This will help in directly asking most pertinent questions within Tableau and to receive real-time analysis from Wordsmith.

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The Global Natural Language Generation Market is segmented based on Component, Business Function, Deployment Model, Organization Size, Application, End-Users and Region. Based on Component, the market is segmented into software, services. Services are sub segmented into professional services and managed services. Professional services are further sub segmented into consulting services and training and support.

On the basis of Business Function, the market is segmented into finance, operations, marketing and sales, human resources and legal. On the basis of Deployment Model, the market is segmented into cloud and on premises. On the basis of Organization Size, the market is segmented into small and medium sized and large sized enterprise.

Regionally, the Global Natural Language Generation Market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Major Key Players:

1 IBM Corporation

2 Automated Insights, Inc.

3 Amazon Web Services, Inc.

4 AX Semantics

5 Phrasetech

6 NARRATIVEWAVE

7 Yseop

8 Narrativa

9 Artificial Solutions

10 CoGenTex

11 Conversica

12 Narrative Science and More…………

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2025?

3 What are the technologies & innovation trends, how will they evolve by 2025?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

Competitive Landscape: Global Natural Language Generation Market

The Global Natural Language Generation Market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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This release was published on openPR.