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1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Natural Language Processing (NLP) Market Analysis
8.1 Key Industry Highlights
8.2 Global Natural Language Processing (NLP) Historical Market (2018-2023)
8.3 Global Natural Language Processing (NLP) Market Forecast (2024-2032)
8.4 Global Natural Language Processing (NLP) Market by Component
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Software
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Services
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Natural Language Processing (NLP) Market by Deployment
8.5.1 On-Premises
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Cloud
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Natural Language Processing (NLP) Market by Processing Type
8.6.1 Text
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Speech/Voice
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Image
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Natural Language Processing (NLP) Market by Enterprise Size
8.7.1 Small and Medium-sized Enterprises (SMEs)
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Large Enterprises
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Natural Language Processing (NLP) Market by Industry Vertical
8.8.1 Healthcare
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 IT and Telecom
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Banking, Financial Services, and Insurance (BFSI)
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Retail
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Manufacturing
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
8.8.6 Media and Entertainment
8.8.6.1 Historical Trend (2018-2023)
8.8.6.2 Forecast Trend (2024-2032)
8.8.7 Education
8.8.7.1 Historical Trend (2018-2023)
8.8.7.2 Forecast Trend (2024-2032)
8.8.8 Others
8.9 Global Natural Language Processing (NLP) Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Rest of the World
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
9 North America Natural Language Processing (NLP) Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Natural Language Processing (NLP) Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Natural Language Processing (NLP) Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Google LLC
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Amazon Web Services, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Baidu, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Microsoft Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 IBM Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 SAS Institute Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Intel Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 NVIDIA Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Adobe Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 SAP SE
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Natural Language Processing (NLP) Market: Key Industry Highlights, 2018 and 2032
2. Global Natural Language Processing (NLP) Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Natural Language Processing (NLP) Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Natural Language Processing (NLP) Historical Market: Breakup by Deployment (USD Billion), 2018-2023
5. Global Natural Language Processing (NLP) Market Forecast: Breakup by Deployment (USD Billion), 2024-2032
6. Global Natural Language Processing (NLP) Historical Market: Breakup by Type (USD Billion), 2018-2023
7. Global Natural Language Processing (NLP) Market Forecast: Breakup by Type (USD Billion), 2024-2032
8. Global Natural Language Processing (NLP) Historical Market: Breakup by Enterprise Size (USD Billion), 2018-2023
9. Global Natural Language Processing (NLP) Market Forecast: Breakup by Enterprise Size (USD Billion), 2024-2032
10. Global Natural Language Processing (NLP) Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
11. Global Natural Language Processing (NLP) Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
12. Global Natural Language Processing (NLP) Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Natural Language Processing (NLP) Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Natural Language Processing (NLP) Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Natural Language Processing (NLP) Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Natural Language Processing (NLP) Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Natural Language Processing (NLP) Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Natural Language Processing (NLP) Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Natural Language Processing (NLP) Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Natural Language Processing (NLP) Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Natural Language Processing (NLP) Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Natural Language Processing (NLP) Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Natural Language Processing (NLP) Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Natural Language Processing (NLP) Market Structure.
In 2023, the global market for natural language processing (NLP) attained a value of nearly USD 20.66 billion.
The market is assessed to grow at a CAGR of 21.30% between 2024 and 2032.
The major market drivers are the growing usage of NLP in the healthcare industry, increasing investments in research and development in advanced technology, surging adoption of cloud computing, and growing government initiatives.
NLP aids with audience identification for focused messaging and helps with better keyword detection in SEO techniques thus helping in efficient marketing strategies.
NLP helps with resolving uncertainty in language as well as combines beneficial numeric structure to the data for several downstream applications, like text analytics or speech recognition.
The key market trends include the increasing penetration of information technology and the surging adoption of smart devices in several applications.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The several components in the market include solution and services.
Based on deployment, the market includes on-premises and cloud.
The different processing types of NLP include text, speech/voice, and image.
Based on enterprise size, the market includes small and medium-sized enterprises (SMEs) and large enterprises.
The major industry verticals in the market include healthcare, IT and telecom, banking financial services and insurance (BFSI), retail and e-commerce, transportation and logistics, energy and utilities, and manufacturing, among others.
The major key players in the market are Google LLC, Amazon Web Services, Inc., Baidu, Inc., Microsoft Corporation, IBM Corporation, SAS Institute Inc., Intel Corporation, NVIDIA Corporation, Adobe Inc., and SAP SE, among others.
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