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Natural Language Processing Global Market Growth Analysis, Revenue and sales, Opportunities And Forecast 2023-2032 | 3M Company, Apple Inc., Google LLC, Intel Corporation, Meta Platforms Inc.
Natural Language Processing Market
The Business Research Company's Natural Language Processing Global Market Report 2023 identifies the increase in usage of smart devices is driving the growth of the NLP market. Smart devices are electronic devices that are connected to networks or other devices via wireless modes.
The global natural language processing (NLP) market size grew from $19.48 billion in 2022 to $25.03 billion in 2023 at a compound annual growth rate (CAGR) of 28.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The natural language processing (NLP) market size is expected to grow to $69.17 billion in 2027 at a CAGR of 28.9%.
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Major players in the NLP market are 3M Company, Apple Inc., FUJIFILM Holdings Corporation, Google LLC, Intel Corporation, International Business Machines Corporation, Meta Platforms Inc., Microsoft Corporation, NetBase Quid Inc., Nokia Corporation, SAS Institute Inc., Gnani Innovations Private Limited, Mihup Communications Private Limited, and Observe.AI.
Technology advancements have emerged as a key trend gaining popularity in the NLP market. Major companies operating in the market are upgrading and launching technologically advanced NLP software for market growth.
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https://www.thebusinessresearchcompany.com/report/natural-language-processing-global-market-report
The Natural Language Processing Market Is Segmented -
• By Processing Type: Text, Speech Or Voice, Image
• By Deployment: On-Premise, Cloud
• By Component: Statistical, Hybrid
• By Application: Automatic Summarization, Sentiment Analysis, Risk And Threat Detection
• By End User Industry: Education, BFSI, Healthcare, IT And Telecom, Retail, Manufacturing, Media And Entertainment, Other End User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Natural Language Processing market.
The Business Research Company's "Global Natural Language Processing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Natural Language Processing Market Include:
1. Executive Summary
2. Natural Language Processing Market Characteristics
3. Natural Language Processing Market Trends And Strategies
4. Natural Language Processing Market - Macro Economic Scenario
5. Natural Language Processing Market Size And Growth
.....
26. Africa Natural Language Processing Market
27. Natural Language Processing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Language Processing Market
29. Natural Language Processing Market Future Outlook and Potential Analysis
30. Appendix
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