The Global Natural Language Processing Market was valued at USD 7.86 billion in 2016 and is projected to reach USD 30.48 billion by 2025, growing at a CAGR of 16.25% from 2017 to 2025.
Natural language processing (NLP) is a field of computer science, artificial intelligence and computational linguistics concerned with the interactions between computers and human languages. Recent advances in this area include voice recognition software, human language translation, information retrieval and artificial intelligence, automatic summarization, text classification, sentiment analysis. NLP delivers several functions including â€" complex search capabilities, eliminate ineffective results, contextual understanding, and provides better results.
Sample Infographics:
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Emerging options in application areas
1.2 Rising investments in speech solutions
1.3 Increasing demand for enhanced customer experience
1.4 Increasing adoption of NLP by healthcare industry
1.5 Emerging machine to machine technology
1.6 Growing usage of smart devices
1.7 Rapid data generation
2. Market Restraints
2.1 Need for advanced predictive technologies
2.2 Bridging the gap between man and machine
2.3 Stringent regulations
2.4 Poor customer adoption trends
Market Segmentation:
The Global Natural Language Processing Market is segmented on the technology, type, deployment model, application, vertical, and region.
1. Technology:
1.1 Pattern and Image Recognition
1.2 Interactive Voice Response
1.3 Optical Character Recognition
1.4 Text Analytics
1.5 Speech Analytics
1.6 Auto Coding
1.7 Professional Services
1.8 Support and Maintenance Services
1.9 Classification and Categorization
2. By Type:
2.1 Statistical NLP
2.2 Rule Based NLP
2.3 Hybrid NLP
3. By Deployment Mode:
3.1 Private Cloud
3.2 Public Cloud
3.3 Hybrid Cloud
4. By Application:
4.1 Information extraction
4.2 Machine translation
4.3 Question answering
4.4 Report generation
4.5 Others
5. By Vertical:
5.1 Healthcare
5.2 Banking, Financial Services, and Insurance (BFSI)
5.3 Retail and Consumer Goods
5.4 Research and Education
5.5 High tech and Electronics
5.6 Manufacturing
5.7 Media and Entertainment
5.8 Others
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. Hewlett-Packard Enterprise Company
3. Microsoft Corporation
4. Apple Incorporation
5. Dolbey Systems Inc.
6. Google
7. Netbase Solutions
8. SAS Instituite, Inc.
9. Verint System
10. 3M Company
11. NetBase Solution Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Natural Language Processing Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
INTRODUCTION OF GLOBAL NATURAL LANGUAGE PROCESSING MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL NATURAL LANGUAGE PROCESSING MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL NATURAL LANGUAGE PROCESSING MARKET BY TECHNOLOGY
5.1 Pattern and Image Recognition
5.2 Interactive Voice Response
5.3 Optical Character Recognition
5.4 Text Analytics
5.5 Speech Analytics
5.6 Auto Coding
5.7 Professional Services
5.8 Support and Maintenance Services
5.9 Classification and Categorization
6 GLOBAL NATURAL LANGUAGE PROCESSING MARKET BY TYPE
6.1 Statistical NLP
6.2 Rule Based NLP
6.3 Hybrid NLP
7 GLOBAL NATURAL LANGUAGE PROCESSING MARKET BY DEPLOYMENT MODE
7.1 Private Cloud
7.2 Public Cloud
7.3 Hybrid Cloud
8 GLOBAL NATURAL LANGUAGE PROCESSING MARKET BY APPLICATION
8.1 Information extraction
8.2 Machine translation
8.3 Question answering
8.4 Report generation
8.5 Others
9 GLOBAL NATURAL LANGUAGE PROCESSING MARKET BY VERTICAL
9.1 Healthcare
9.2 Banking, Financial Services, and Insurance (BFSI)
9.3 Retail and Consumer Goods
9.4 Research and Education
9.5 High tech and Electronics
9.6 Manufacturing
9.7 Media and Entertainment
9.8 Others
10 GLOBAL NATURAL LANGUAGE PROCESSING MARKET, BY GEOGRAPHY
10.1 Overview
10.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
10.3.1 Germany
10.3.2 U.K.
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
10.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
10.5.1 Brazil
10.5.2 Argentina
10.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025
11 GLOBAL NATURAL LANGUAGE PROCESSING MARKET COMPETITIVE LANDSCAPE
11.1 Overview
11.2 Company Market Share
11.3 Vendor Landscape
11.4 Key Development Strategies
12 COMPANY PROFILES
12.1 IBM Corporation
12.1.1 Overview
12.1.2 Financial Performance
12.1.3 Product Outlook
12.1.4 Key Developments
12.2 Hewlett-Packard Enterprise Company
12.2.1 Overview
12.2.2 Financial Performance
12.2.3 Product Outlook
12.2.4 Key Developments
12.3 Microsoft Corporation
12.3.1 Overview
12.3.2 Financial Performance
12.3.3 Product Outlook
12.3.4 Key Developments
12.4 Apple Incorporation
12.4.1 Overview
12.4.2 Financial Performance
12.4.3 Product Outlook
12.4.4 Key Developments
12.5 Dolbey Systems Inc.
12.5.1 Overview
12.5.2 Financial Performance
12.5.3 Product Outlook
12.5.4 Key Developments
12.6 Google
12.6.1 Overview
12.6.2 Financial Performance
12.6.3 Product Outlook
12.6.4 Key Developments
12.7 Netbase Solutions
12.7.1 Overview
12.7.2 Financial Performance
12.7.3 Product Outlook
12.7.4 Key Developments
12.8 SAS Instituite, Inc.
12.8.1 Overview
12.8.2 Financial Performance
12.8.3 Product Outlook
12.8.4 Key Developments
12.9 Verint System
12.9.1 Overview
12.9.2 Financial Performance
12.9.3 Product Outlook
12.9.4 Key Developments
12.10 3M Company
12.10.1 Overview
12.10.2 Financial Performance
12.10.3 Product Outlook
12.10.4 Key Developments
12.11 NetBase Solution Inc.
12.11.1 Overview
12.11.2 Financial Performance
12.11.3 Product Outlook
12.11.4 Key Developments
13 Appendix
13.1 Related Reports
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