Natural Language Processing Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

Natural Language Processing Market Statistics 2028
The Global Natural Language Processing (NLP) market size is projected to reach US$ 3081.5 million by 2028, from US$ 843 million in 2021, at a CAGR of 20.1% during 2022-2028. Global Natural Language Processing (NLP) key players include 3M, Linguamatics, Amazon AWS, etc. Global top three manufacturers hold a share of about 35%. United States is the largest market, with a share of about 65%, followed by Europe and China, both have a share of about 25 percent. Natural language processing (NLP) is a branch of artificial intelligence that deals with the interaction between computers and humans using the natural language (spoken or written data), not in artificial languages such as Java and C++. In terms of product, Machine Translation is the largest segment, with a share of about 45%. And in terms of application, the largest application is Electronic Health Records (EHR), followed by Computer-Assisted Coding (CAC).

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With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Natural Language Processing (NLP) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Natural Language Processing (NLP) market in terms of revenue. Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Natural Language Processing (NLP) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Natural Language Processing (NLP) market.
Impact of Covid-19 Outbreak
This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.

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Natural Language Processing Market Segments
The report has been segmented into product and application segments. The researchers have documented all the products present today in the Natural Language Processing (NLP) market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2017-2028. They have also discussed the growth rate and potential of each segment for the period 2017-2028.
Natural Language Processing Market By Type
• Machine Translation
• Information Extraction
• Automatic Summarization
• Text and Voice Processing
• Others
Natural Language Processing Market By Application
• Electronic Health Records (EHR)
• Computer-Assisted Coding (CAC)
• Clinician Document
• Others
Natural Language Processing Market By Company
• 3M
• Linguamatics
• Amazon AWS
• Nuance Communications
• SAS
• IBM
• Microsoft Corporation
• Averbis
• Health Fidelity
• Dolbey Systems

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