Press release
Key Foresights on How Natural Language Processing Market will Evolve By 2026 Focusing Keyplayers Apple Incorporation, Dolbey Systems, Google LLC, Hewlett-Packard Enterprise Company, International Business Machine Corporation
Natural Language Processing
Rising demand for advance text analytics is expected to positively aid in growth of the market for natural language processing
Integration of natural language processing in text analytics has led to growth of advanced text analytics solutions. Natural language processing helps convert human language to machine language. This helps in analysis of the data and convert insights back to human language for better understanding. Rising demand for text analytics in various organization for gaining better market insights has accelerated demand for text analytic solutions.
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The increasing adoption of NLP in healthcare industry plays a major role for the growth of the market. With the help of NLP the clinical researchers extracts the disease related information.
Increasing competition in various verticals has led to demand for real-time market insights related to customer demands and other factors. For gaining real-time market insights, it is important for companies to analyze large volumes of unstructured data generated.
Apple Incorporation, Dolbey Systems, Google LLC, Hewlett-Packard Enterprise Company, International Business Machine Corporation, Microsoft Corporation, Netbase Solutions, SAS Instituite, Inc., Verint System are some of the major companies in the global natural language processing market.
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