Global Natural Language Processing (NLP) Market Size, Shares, Survey, Analysis and Forecast 2015-2019

Albany, NY, Oct 27: The global NLP market to grow at a CAGR of 16.11 % over the period 2014-2019. Natural language processing is a computer application that can understand human language. It is a part of AI. It is a computerized technique in which human communication is analyzed and interpreted based on a set of theories and technologies by the computer. It is both based on text and speech provided to the computer. Currently, NLP approaches are based on machine learning that uses patterns for understanding own programs. The most common NLP in all the software packages includes:
- Sentence segmentation, part-of-speech tagging, and parsing
- Deep analytics
- Named entity extraction
- Co-reference resolution

The development of NLP solutions is difficult because computers need humans to speak in a programming language that needs to be precise, unambiguous, and highly structured with less amount of enunciated voice commands. However, human speech cannot be precise, and it is often ambiguous and depend on variables that include slang, regional dialects, and social context.

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This report covers the present scenario and growth prospects of the global NLP market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of NLP solutions in the global market from the following segments:
- Recognition market: This includes the revenue generated from speech recognition, OCR , and IVR systems market
- Analytics market: This includes the revenue generated from text and speech analytics
- Operational market: This includes the revenue generated from categorization and auto-coding process

This report also segments the market according to the end-users, deployment model, and by product.

Key regions
- APAC
- Europe
- Latin America
- MEA
- North America

Key vendors
- 3M
- Apple
- Google
- Microsoft

Other prominent vendors
- A3logics
- AlchemyAPI
- Apixio
- Aylien
- Dolbey Systems
- Fluxifi
- HP
- IBM
- Linguamatics
- Mmodal
- Netbase
- Nuance Communication

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