Natural Language Processing Market PPT: Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2028

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Global Natural Language Processing (NLP) Market
Research and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Natural Language Processing (NLP) Market
Research Report The latest report by IMARC,
titled Natural Language Processing (NLP) Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028 finds that
the global natural language processing (NLP)
market reached a value of US 18.1 Billion in
2022. Natural language processing (NLP) is a
branch of artificial intelligence (AI) that
enables computers to understand, analyze and
interpret human language. It combines
computational linguistics and rule-based modeling
of human language with statistical, machine
learning (ML), artificial intelligence (AI) and
conversational intelligence technologies to
process the human language in text or voice data.
It also translates text from one language to
another, performs speech recognition, and
summarizes large volumes of textual data in
real-time to make communication more convenient.
Owing to these properties, various enterprises
are adopting NLP in customer service chatbots,
virtual assistants, voice-operated GPS systems,
voice-to-text apps, and other computer
programs. Request Free Sample Report
https//www.imarcgroup.com/natural-language-proces
sing-market/requestsample
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Report Description and Highlights
Report Description

Global Natural Language Processing (NLP) Market
Trends Nowadays, enterprises are rapidly
adopting NLP solutions to enhance customer
experience, streamline business operations,
simplify mission-critical processes, increase
overall productivity, and improve internal and
external operations. This represents one of the
key factors driving the market growth. Apart from
this, the escalating demand for advanced data
analytics and significant advancements in image
and speech recognition are also contributing to
the market growth. In addition, with rapid
digitization, healthcare facilities are widely
adopting NLP to manage and process the massive
amount of data generated. This, coupled with the
emergence of smart devices and assistants such as
Amazon Alexa and Apples Siri, are also
catalyzing the demand for NLP solutions across
the globe. Moreover, the emerging NLP
applications in various industries, the growing
usage of the internet and connected devices, the
rising popularity of voice-based solutions, and
the increasing product adoption by several social
media platforms to manage the published content
are some of the other factors creating a positive
market outlook. Looking forward, IMARC Group
expects the market value to reach US 74.3
Billion by 2028, exhibiting a CAGR of 26.2
during the forecast period (2023-2028). Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Type Hardw
are Software Services Breakup
by Technology Interactive Voice Respon
se Optical Character Recognition
Text Analytics Speech Analytics
Classification and Categorization
Pattern and Image Recognition
Others Breakup by Deployment Mode
On-premises Cloud-based

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Report Description and Highlights
Report Description
Breakup by Organization Size Large
Enterprises Small and Medium-sized Enter
prises Breakup by End User Education
BFSI Healthcare IT an
d Telecom Manufacturing and Retail
Media and Entertainment Others Bre
akup by Region North America
United States Canada
Asia-Pacific China

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Report Description and Highlights
Report Description
Japan India
South Korea Aust
ralia Indonesia
Others Europe German
y France Unite
d Kingdom Italy
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• 3M Company
• Apple Inc. FUJIFILM Holdings Corporation Google L
  LC (Alphabet Inc.) Intel Corporation International
  Business Machines Corporation Meta Platforms Inc.
  Microsoft Corporation NetBase Solutions
  Inc. Nokia Corporation SAS Institute Inc. Verint S
  ystems
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/natural-language-proces
  sing-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
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