Natural Language Generation (NLG) Market Expansion Continues, with Forecast Valuation of $2.29 Billion by 2029

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Natural Language Generation (NLG) Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been substantial growth in the natural language generation (nlg) market. Its size is predicted to increase from $0.88 billion in 2024 to $1.06 billion in 2025, marking a compound annual growth rate (CAGR) of 20.5%. The significant growth witnessed in the past can be credited to factors such as a surge in data accessibility, the prominence of big data analytics, advancements in natural language processing (NLP), the increasing need for data-dependent insights, and incorporation of business intelligence (BI) tools.

How Will the Natural Language Generation (NLG) Market Size Evolve and Grow by 2029?
The market for natural language generation (nlg) is predicted to witness a surge in the upcoming years, with an expected escalation to $2.29 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 21.3%. The expansion during the forecast period is as a result of rapid improvements in deep learning, incorporation with voice assistants, rising demand for content automation, increasing significance of explainability, and broader applications in the healare sector. Key trends observed during this forecast period include AI-fueled creativity, ethical AI and bias reduction methods, technological evolution, product innovation, and real-time language conversion.

View the full report here:
https://www.thebusinessresearchcompany.com/report/natural-language-generation-nlg-global-market-report

What Drivers Are Propelling the Growth of Natural Language Generation (NLG) Market Forward?
The anticipated growth of the natural language generation (NLG) market is linked to the rising volume and diversity of data. 'Volume and diversity of data' refers to the vast amount and various kinds of data that systems, applications, and devices generate, collect, and process, symbolizing the constant multiplication and diversity of data in every circumstance. NLG is utilized to convey insights drawn from this growing data volume and diversity, by converting intricate datasets into clear, understandable narratives. This allows businesses to extract valuable information and make data-informed decisions in a format that is more user-friendly and readable. For example, in February 2023, G2.com, a software marketplace company based in the US, reported that 87.8% of firms increased their data investments, marking a 41% rise from 2022. As a result, it is the increased volume and assortment of data that is propelling the next wave of the natural language generation market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13884&type=smp

Which Emerging Trends Are Transforming the Natural Language Generation (NLG) Market in 2025?
Leading companies in the natural language generation (NLG) market are advancing their technology and products by creating and merging specially designed stacks for AI-driven applications. A software stack is an assembly of individual components that cohesively operate to aid the function of applications. This integration process involves merging various software elements or systems to ensure smooth interoperability. In 2023, an example of this was shown by the US tech giant, Microsoft Corporation, when they introduced the Azure OpenAI Service. This platform evolves with the growing demands of developers and organizations. The Azure platform provides a comprehensive, integrated stack that is specifically created for AI-powered applications. Aside from that, it incorporates a series of ready-to-use task-specialized NLU/NLG capabilities powered by Azure OpenAI. These factors give Azure an advantage and make it more efficient. The models developed can be customized to perform tasks like content summarization, interpreting images, semantic searching, and translation of natural language to code.

What Are the Key Segments in the Natural Language Generation (NLG) Market?
The natural language generation (nlg)market covered in this report is segmented -

1) By Deployment: On-Premise, Cloud
2) By Organization Size: Small and Medium Enterprises (SMEs), Large Enterprises
3) By Application: Fraud Detection, Predictive Maintenance, Risk And Compliance Management, Performance Management
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Retail And Ecommerce, Government And Defense, Healare And Life Sciences, Manufacturing, Telecom, IT, Media And Entertainment, Energy And Utilities

Subsegments:
1) By On-Premise: Local Server Installations, Customized NLG Software Solutions, Integrated Enterprise Systems, Self-Hosted Data Processing Systems
2) By Cloud: Software As A Service (Saas) NLG Platforms, API-Based NLG Services, Cloud Storage And Processing Solutions, Multi-Tenant Cloud Environments, Subscription-Based NLG Applications

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13884&type=smp

Who Are the Key Players Shaping the Natural Language Generation (NLG) Market's Competitive Landscape?
Major companies operating in the natural language generation (NLG) market report are Amazon.com Inc., Alphabet Inc., Microsoft Corporation, International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, SAP SE, NVIDIA Corporation, Infosys Limited, Baidu Inc., SAS Institute Inc., Conversica Inc., Automated Insights Inc., OpenAI Inc., Narrative Science Inc., Persado Inc., Arria NLG plc, Hugging Face Inc., Retresco GmbH, AX Semantics GmbH, vPhrase Analytics Solutions Pvt. Ltd., Yseop SA, Phrasetech, Narrativa, Gabriele Sarti

What Geographic Markets Are Powering Growth in the Natural Language Generation (NLG) Market?
North America was the largest region in the natural language generation (NLG) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the natural language generation (NLG) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13884

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Speak With Our Expert:
Saumya Sahay
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email:saumyas@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.