Natural language processing (NLP) allows applications to interact with human language using a deep learning algorithm. NLP algorithms input language and can give a variety of outputs based on the learned required task. These outputs can include automatic summarization, language translation, part-of-speech tagging, parsing or grammatical analysis, and sentiment analysis, among others.
This report contains market size and forecasts of Natural Language Processing (NLP) Software in Global, including the following market information:
- Global Natural Language Processing (NLP) Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Natural Language Processing (NLP) Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-Premises Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Natural Language Processing (NLP) Software include Google, Explosion AI, IBM, QSR International, Microsoft, Breeze, Conversica and Textual, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural Language Processing (NLP) Software 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) Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Natural Language Processing (NLP) Software Market Segment Percentages, by Type, 2021 (%)
Global Natural Language Processing (NLP) Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Natural Language Processing (NLP) Software Market Segment Percentages, by Application, 2021 (%)
Global Natural Language Processing (NLP) Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Natural Language Processing (NLP) Software 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) Software revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Natural Language Processing (NLP) Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Google
- Explosion AI
- IBM
- QSR International
- Microsoft
- Breeze
- Conversica
- Textual
