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Natural Language Processing (NLP) Market is foreseen to grow at CAGR of +30% by 2030 Focusing on Top Key Players- IBM (US), Microsoft (US), Google (US)

01-15-2024 10:36 AM CET | IT, New Media & Software

Press release from: A2Z Market Research

Natural Language Processing (NLP) Market is foreseen to grow

Natural Language Processing (NLP) is a subfield of artificial intelligence (AI) that focuses on the interaction between computers and human languages. The primary goal of NLP is to enable computers to understand, interpret, and generate human language in a way that is both meaningful and contextually appropriate. NLP involves the development of algorithms and computational models that can process and analyze large amounts of natural language data, such as text and speech.

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Natural Language Processing (NLP) Market from 2024 to 2030 is a study report newly issued by A2Z Market Research. It is a fantastic synthesis of industry know-how, creative ideas, and cutting-edge technology to deliver an improved experience. The market study estimate for Natural Language Processing (NLP) provides in-depth market insights based on projections and industry trends to assist companies in making better business decisions and expanding growth strategies. The report looks at a variety of elements, including the dynamic market structure, the product portfolios of major companies, their challenges, technological innovation, roadblocks, communication and sales data, sales by country, risk, prospects, the competitive landscape, growth strategy, and others. It goes into extensive detail about the industry's past, current, and prospective future.

The global Natural Language Processing (NLP) Market is expected to grow at significant CAGR of +30% during the forecasting Period (2024 to 2030).

Some of the Top companies Influencing this Market include:

IBM (US), Microsoft (US), Google (US), AWS (US), Meta (US), 3M (US), Baidu (China), Apple (US), SAS Institute (US), IQVIA (UK), Oracle (US), Inbenta (US), Health Fidelity (US), LivePerson (US), SoundHound (US), MindMeld (US), Veritone (US), Dolbey (US), Automated Insights (US), Bitext (US), Conversica (US), Addepto (US), RaGaVeRa (India), Observe.ai (US), Eigen (US), Gnani.ai (India), Crayon Data (Singapore), Narrativa (US), deepset (US), Ellipsis Health (US), and DheeYantra (US).  Â

Competitive landscape:

This Natural Language Processing (NLP) research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.

Market Scenario:

Firstly, this Natural Language Processing (NLP) research report introduces the market by providing an overview that includes definitions, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the Natural Language Processing (NLP) report.

Segmentation Analysis of the market

The market is segmented based on the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market

Market Segmentation: By Type

Rule-Based
Statistical
Hybrid

Market Segmentation: By Application

Customer Experience Management
Virtual Assistants/Chatbots
Social Media Monitoring
Sentiment Analysis
Text Classification & Summarization
Employee Onboarding & Recruiting
Language Generation & Speech Recognition
Machine Translation
Other Applications

Regional Coverage:

The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:

North America
South America
Asia and Pacific region
Middle East and Africa
Europe

An assessment of the market attractiveness about the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants in the global Natural Language Processing (NLP) market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.

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The analysis objectives of the report are:

• To know the Global Natural Language Processing (NLP) Market Size, Share, Growth, and Forecast to 2030 Market size by pinpointing its sub-segments.

• To study the important players and analyze their growth plans.

• To analyze the amount and value of the Market, depending on key regions

• To analyze the Global Market concerning growth trends, prospects, and also their participation in the entire sector.

• To examine the Global Natural Language Processing (NLP) Market Size, Share, Growth, and Forecast to 2030 Market size (volume & value) from the company, essential regions/countries, products and applications, and background information.

• Primary worldwide Global Natural Language Processing (NLP) Market Size, Share, Growth, and Forecast to 2030 Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans for the future.

• To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market.

Table of Contents

Global Natural Language Processing (NLP) Market Research Report 2024 - 2030

Chapter 1 Natural Language Processing (NLP) Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Natural Language Processing (NLP) Market Forecast

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