Press release
Neural Machine Translation (NMT) Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Neural Machine Translation (NMT) MarketThe global Neural Machine Translation (NMT) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Neural Machine Translation (NMT) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Neural Machine Translation (NMT) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Neural Machine Translation (NMT) in B-end Customer is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Neural Machine Translation (NMT) include Google, RWS, Microsoft, Lionbridge, AWS, IBM, Omniscien Technologies, Baidu and Tencent Cloud TMT, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Neural Machine Translation (NMT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Neural Machine Translation (NMT).
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Report Scope
The Neural Machine Translation (NMT) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Neural Machine Translation (NMT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Neural Machine Translation (NMT) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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Segment by Type
• Cloud
• On Premise
Segment by Application
• B-end Customer
• C-end Customer
• Government and Defense
By Company
Google, RWS, Microsoft, Lionbridge, AWS, IBM, Omniscien Technologies, Baidu, Tencent Cloud TMT, AppTek, Smart Communications, KantanAI
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