Natural Language Processing Market By Recognition, Operational and Analytics Technology Analysis

Whipsmartmi.com offers "Global Natural Language Processing Market 2021-2027" from its research database.

Global Natural Language Processing Market is projected to grow at a CAGR of 20.3% during the forecasting period 2021-2027.

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The natural language processing is a domain of computer science and artificial intelligence which is associated with interaction between computer and human language. It is a part of artificial intelligence, which have the ability of understanding human language and later translate into machine language. In the present business scenario, humongous volume of data (big data) is being produced from several sources such as forums, audio, documents, emails, web blogs, social networking sites, etc. Natural language processing technique has been used in analysis of big data. Incorporation of natural language processing in text analytics has resulted in the growth of advanced text analytics solutions. Increasing demand for text analytics in several organizations for obtaining greater market insights has boosted the demand for text analytic solutions.

Some of the key players mentioned in Natural Language Processing Market are Verint System, IBM Corporation, Dolbey Systems Inc., Apple Incorporation, Hewlett-Packard Enterprise Company, Microsoft Corporation, Google, Netbase Solutions, SAS Instituite, Inc. and 3M Company.

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