Industrial, Manufacturing & Heavy Industry Market News

Stocks of companies operating in the natural language processing market to hit record high according to new research report

NLP is used by developers to organize and structure knowledge, and perform tasks such as automatic translation, summarization, speech recognition, topic segmentation, relationship extraction, and sentiment analysis.

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Natural language processing (NLP) Market is convergence of artificial intelligence, computer science, and computational linguistics for interaction between computers and human languages. NLP is an AI method adopted to communicate with an intelligent system through a natural language such as English.

Based on type, the market is divided into rule-based natural language processing, hybrid natural language processing, and statistical natural language processing.

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Based on application, the market is divided into question answering, machine translation, report generation, text processing, and information extraction.

According to vertical, the market is categorized into BFSI, automotive, healthcare, retail & consumer goods, manufacturing, media and entertainment, and others. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Report: goo.gl/gdrxCJ

Market Dynamics:

Drivers:

Increasing demand for enhanced customer experience

Growing adoption of Machine to Machine Technology

Increase in generation of data

Restraints:

Lack of regulatory standards

Market Players:

The top players in the global Natural Language Processing market include Dolbey Systems, Verint System, Apple Inc, SAS Institute Inc, Google Inc, NetBase Solutions, Hewlett-Packard Enterprise Company, Microsoft Corporation, International Business Machine Corporation.

Report: goo.gl/F3xi3K

MARKET LANDSCAPE

By Type

o Rule-Based natural language processing

o Hybrid natural language processing

o Statistical natural language processing

By Application

o Question answering

o Machine translation

o Report generation

o Text processing

o Information extraction

By Vertical

o BFSI

o Automotive

o Healthcare

o Retail & consumer goods

o Manufacturing

o Media and entertainment

By Geography

  • North America

o   U.S.

o   Canada

o   Mexico

  • Europe

o   Germany

o   Uk

o   France

o   Italy

o   Rest Of Europe

  • Asia-Pacific

o   Japan

o   China

o   India

o   Australia

o   South Korea

o   Taiwan

  • Lamea

o   Brazil

o   Turkey

o   Venezuela

o   Saudi Arabia

 

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