Language Processing Market, Global Outlook and Forecast 2023-2029
Natural language processing (NLP) is an area of computer science and artificial intelligenceconcerned with the interactions between computers and human (natural) languages, in particular how to program computers to process and analyze large amounts of natural language data. Challenges in natural language processing frequently involve speech recognition, natural language understanding, and natural language generation.
This report aims to provide a comprehensive presentation of the global market for Language Processing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Language Processing. This report contains market size and forecasts of Language Processing in global, including the following market information:
Global Language Processing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Language Processing market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
NLP is a way for computers to analyze, understand, and derive meaning from human language in a smart and useful way. By utilizing NLP, developers can organize and structure knowledge to perform tasks such as automatic summarization, translation, named entity recognition, relationship extraction, sentiment analysis, speech recognition, and topic segmentation.
We surveyed the Language Processing 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 Language Processing Market, by Technology, 2018-2023, 2024-2029 ($ millions)
Global Language Processing Market Segment Percentages, by Technology, 2022 (%)
Auto Coding
Text Analytics
Optical Character Recognition (OCR)
Interactive Voice Response
Pattern & Image Recognition
Speech Analytics
Global Language Processing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Language Processing Market Segment Percentages, by Application, 2022 (%)
Healthcare Sector
Public Sector
Retail Sector
Media & Entertainment
Manufacturing
Other
Global Language Processing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Language Processing Market Segment Percentages, By Region and Country, 2022 (%)
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 Language Processing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Language Processing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Addstructure
Apple
Dialogflow
DigitalGenius
Google
IBM
Klevu
Microsoft
Mindmeld
NetBase
Satisfi Labs
Twiggle
Inbenta
Outline of Major Chapters:
Chapter 1: Introduces the definition of Language Processing, market overview.
Chapter 2: Global Language Processing market size in revenue.
Chapter 3: Detailed analysis of Language Processing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by technology, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Language Processing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
