Natural Language Processing market

Natural Language Processing (NLP) Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Consumer Goods and Services
  • 72 Pages
  • Report code : PMR-6798782

  • 4.7 (158)

Natural Language Processing Market

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Natural language processing (NLP) is a branch of artificial intelligence that deals with the interaction between computers and humans using the natural language (spoken or written data), not in the artificial languages such as Java and C++.

Natural Language Processing Market contains market size and forecasts of Natural Language Processing (NLP) in Global, including the following market information:

Global Natural Language Processing (NLP) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Natural Language Processing (NLP) market was valued at 867.4 million in 2021 and is projected to reach US$ 2972.1 million by 2028, at a CAGR of 19.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Machine Translation Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Natural Language Processing (NLP) include 3M, Linguamatics, Amazon AWS, Nuance Communications, SAS, IBM, Microsoft Corporation, Averbis and Health Fidelity and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Natural Language Processing (NLP) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Natural Language Processing (NLP) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Natural Language Processing (NLP) Market Segment Percentages, by Type, 2021 (%)

Machine Translation

Information Extraction

Automatic Summarization

Text and Voice Processing

Others

Global Natural Language Processing (NLP) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Natural Language Processing (NLP) Market Segment Percentages, by Application, 2021 (%)

Electronic Health Records (EHR)

Computer-Assisted Coding (CAC)

Clinician Document

Others

Global Natural Language Processing (NLP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Natural Language Processing (NLP) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Natural Language Processing (NLP) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Natural Language Processing (NLP) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

3M

Linguamatics

Amazon AWS

Nuance Communications

SAS

IBM

Microsoft Corporation

Averbis

Health Fidelity

Dolbey Systems

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