|07-26-2018 04:01 PM CET - IT, New Media & Software||
Natural Language Generation Market estimated to grow at CAGR of 21.1% from 2018 to 2025 | Global Upcoming Trend and In-depth Analysis - IBM, Automated Insights, Amazon Web Services, COGENTEX, INC, 2txt – natural language generation GmbH, AX Semantics, A
Press release from: Data Bridge Market Research
The Global Natural Language Generation Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Global Natural Language Generation Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based on value, technological innovations, micro- and macroeconomic components, and governing factors in the market.
In addition, detailed industrial landscaping, Natural Language Generation financial strategy, market tactics, as well SWOT analysis which includes (Strength, Weakness, Opportunities, Threat) SWOT of the market competitors have been provided in this Natural Language Generation report.
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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.
Global Natural Language Generation Market, By Component (Software, Services), By Business Function (Finance, Operations, Marketing, Human Resources), By Deployment Model (Cloud, On Premises), By Organization Size (Small & Medium, Large), Application (Predictive Maintenance, Fraud Detection), End User, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
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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Market Segmentation: Global Natural Language Generation Market
The natural language generation market is segmented based on component, business function, deployment model, organization size, application end-users and geographical segments.
Based on component, the market is segmented into
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
• marketing and sales,
• human resources and legal
On the basis of deployment model, the market is segmented into
• on premises
On the basis of organization size, the market is segmented into
• small and medium sized
• large sized enterprise
On the basis of application, the market is segmented into
• predictive maintenance,
• fraud detection and anti-money laundering,
• customer experience management,
• risk and compliance management
On the basis of end-users, the market is segmented into
• financial services, and insurance (BFSI),
• energy and utilities,
• transportation and logistics and others
Based on geography the global natural language generation market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• 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.
Top Competitors of Market
• IBM Corporation,
• Automated Insights, Inc.,
• Amazon Web Services, Inc.,
• Textual Relations,
• AX Semantics,
• Artificial Solutions,
• Narrative Science,
• 2txt – natural language generation GmbH and
Major Market Drivers & Market Restraint: Global Natural Language Generation Market
• Proliferation of big data and the related technologies
• Rising demand for intelligent business processes
• Strong necessity with respect to recognize customers behavior
• Lack of skilled professionals
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