DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Natural Language Processing Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The natural language processing market is expected to grow at a CAGR of over 16% during the forecast period (2018-2023).

Natural language processing adoption is accelerating, with the rise of the data science along with its application in artificial intelligence across diverse end-user industry getting regard and mature day by day, and has accelerated over the past 2 to 3 years because of scalable, affordable computational power, increasing digitization of all data, along with the integration of NLP with machine learning and deep learning.

NLP finds application in the analysis of big data owing to the fact that massive amounts of data are being generated in current business scenarios from sources such as audio, emails, web blogs, documents, social networking sites, and forums.

Key Highlights

Retail (E-Commerce) Sector to Dominate the Market Over the Forecast Period North America to Appear as One of the Leading Regions

Notable Developments in the Market

May 2018: The Inbenta Technology integrates NLP to their chatbot used to provide enterprise-level service, as it need more than mere keywords to address the platform that will help them to go deeper into to provide better answers and assist in a more efficient way. March 2018: NetBase, introduced its next-generation artificial intelligence image analysis capabilities which will help them to analyze visual posts to identify brand logos and keywords to give the most comprehensive view of a brand's performance. The platform also accurately classifies images by facial emotions, common scenery, and everyday objects to provide depth insight about the objects.

Key Topics Covered

1. Introduction

2. Natural Language Processing Market Research Methodology

3. Executive Summary

4. Natural Language Processing Market Insights

5. Natural Language Processing Market Dynamics

6. Global Natural Language Processing Market Segmentation

7. Natural Language Processing Market Vendor Market Share

8. Competitive Intelligence - Company Profiles

Google Inc. Microsoft Corporation 3M Company SAS Institute Inc. IBM Corporation NetBase Solutions Inc. Verint System Inc. Genpact Limited Adobe Systems Incorporated Intel Corporation NVIDIA Corporation Amazon Web Services Inc. AppOrchid Inc. Inbenta Technologies Inc. Veritone Inc. SAP SE Salesforce.com Inc. Rasa Technologies GmbH Babylon Healthcare Services Limited Klevu OY Micro Focus International PLC

9. Investment Analysis

10. Future of the Global Natural Language Processing Market

For more information about this report visit https://www.researchandmarkets.com/research/lkz6kg/global_natural?w=4

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Related Topics:Natural Language Processing

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/20/2018 08:37 AM/DISC: 08/20/2018 08:37 AM

http://www.businesswire.com/news/home/20180820005288/en