Press release
Natural Language Generation (NLG) Market Expansion Continues, with Forecast Valuation of $2.29 Billion by 2029
Natural Language Generation (NLG)
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.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Natural Language Generation (NLG) Market Expansion Continues, with Forecast Valuation of $2.29 Billion by 2029 here
News-ID: 4239832 • Views: …
More Releases from The Business Research Company
Segment Analysis And Key Growth Categories In The Disc Sterilizer Steam Market
The disc sterilizer steam market is poised for notable expansion in the coming years, driven by advances in healthcare and biotechnology sectors. With growing emphasis on infection control and medical safety, this industry is evolving rapidly, supported by technological innovations and increasing healthcare investments around the world. Below is an in-depth look at the current market size, leading players, emerging trends, and segmentation details shaping this market's future trajectory.
Projected Market…
New Growth Trends Accelerating Expansion In The Dental Practice Revenue Analytic …
The dental practice revenue analytics market is poised for significant advancement as dental care providers increasingly embrace technological solutions to enhance their financial and operational performance. With the integration of innovative analytics tools, the sector is set to transform how dental practices manage revenue and patient outcomes. Let's delve into the market size projections, key players, notable trends, and segment details shaping this evolving industry.
Projected Growth and Market Size of…
Segmentation Overview, Market Dynamics, And Competitive Positioning In The DC Wa …
The market for DC wallbox chargers is set for a remarkable expansion as electric vehicles (EVs) continue to gain popularity and demand for efficient charging infrastructure rises. With technological innovations and growing collaborations shaping the landscape, this sector is on track to transform how EVs integrate with energy systems. Let's explore the market size, key players, emerging trends, and segmentation details that define the future of DC wallbox chargers.
Steady Market…
Segment Analysis And Key Growth Categories In The Contrast Therapy Equipment Mar …
The contrast therapy equipment market is on track for significant expansion as demand for innovative recovery and rehabilitation solutions continues to rise. Driven by technological advancements and growing interest in health and fitness, this sector is expected to witness robust growth in the coming years. Below, we explore the market size, key players, emerging trends, and segment details shaping the landscape.
Projected Growth and Size of the Contrast Therapy Equipment Market
The…
More Releases for NLG
Natural Language Generation Nlg Software Market Size Analysis by Application, Ty …
USA, New Jersey- According to Market Research Intellect, the global Natural Language Generation Nlg Software market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Natural Language Generation (NLG) software market is expanding rapidly due to increasing demand for automated content creation and data-driven storytelling. Businesses…
Natural Language Generation (NLG) Software Market is set to Fly High in Years to …
Natural Language Generation (NLG) is a software programme that converts digital data into natural language. It allows you to quickly translate ideas into words and turn raw data into actionable insights. It can be used to create long-form content for businesses who want to automate bespoke reports and create custom content for a mobile or web app.
The global Natural Language Generation Market is expected to grow from USD 825.3 Million…
Natural Language Generation (NLG) Market 2023-2030: Top Players to Deliver Promi …
In recent years, the Global Natural Language Generation (NLG) Market has witnessed significant growth and is expected to continue to do so during the forecast period 2023-2030. This report aims to provide a comprehensive analysis of the market's critical aspects, including its strengths, weaknesses, opportunities, and threats. With the help of SWOT and Porter's Five Forces analysis, we will explore the different players operating in the market and the microeconomic…
Natural Language Generation (NLG) Market 2022 | Detailed Report
According to Market Study Report, Natural Language Generation (NLG) Market provides a comprehensive analysis of the Natural Language Generation (NLG) Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5289982
The report provides a comprehensive analysis of company profiles listed below:
- Arria NLG
-…
Natural Language Generation (NLG) Market Trends, Drivers, Strategies, Applicatio …
Chicago, United States, -- Natural Language Generation (NLG) Market report offers you market size, industry growth, share, development trends, product demand, investment plans, business idea and forecasts to 2025. This report highlights exhaustive study of major market along with present and forecast market scenario with useful business decisions.
The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Natural Language…
Global Natural Language Generation (NLG) Software Market 2019 Future Scenario - …
The named Global Natural Language Generation (NLG) Software Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2024 from Fior Markets is thorough research performed by analysts on the basis of current industry affairs. The report starts with the basic Natural Language Generation (NLG) Software industry overview and then goes into each detail. It studies the cutthroat structure of the industry all over the world. It contains in depth…
