Natural Language Processing (NLP) Market Size & Share, by Component (Solutions, Services); Deployment (On-Premise, Cloud); Organization (Large Enterprise, SMEs); Processing Type (Text, Voice, Image); Application (Education, Healthcare, BFSI, IT & Telecom, Media & Entertainment, Retail & Manufacturing) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4843
  • Published Date: Apr 23, 2023
  • Report Format: PDF, PPT

Companies Dominating the Natural Language Processing Landscape

top-features-companies
    • Lexicala
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Apple Inc.
    • Amazon Web Services, Inc.
    • Baidu Inc.
    • Crayon AS
    • Google LLC
    • Meta Platforms Inc.
    • IBM Corporation
    • Inbenta Holdings Inc.
    • SAP SE

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • SAP SE announced the acquisition of Askdata for strengthening its capability to assist the companies for taking informed decision regarding the AI-driven natural language searches.
     
  • Lexicala K Dictionaries introduced new set of services for the language technology business and academia. The emphasis is on multilingual lexical data solutions that combine human-created and curated language resources with content generated automatically.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 4843
  • Published Date: Apr 23, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising use of social media, rising adoption of NLP, and rise in the e-commerce are the major factors driving the market growth.

The market size of natural language processing is anticipated to attain a CAGR of 28.7% over the forecast period, i.e., 2023-2035.

Lack of context understanding, and limited function in NLP are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Apple Inc., Amazon Web Services, Inc., Baidu Inc., Crayon AS, Google LLC, Meta Platforms Inc., IBM Corporation, Inbenta Holdings Inc., SAP SE, and Lexicala

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by processing type, component, deployment, enterprise size, application, and by region.

The small & medium enterprise segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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