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Cloud Natural Language Processing (NLP) Market By Type (Rule-Based, Statistical, and Hybrid), By Deployment Model (Public, Hybrid, and Private), By Technology (Recognition, Operation, and Analytics), By Application (Voice & Speech Recognition, Data Processing, Customer Service & Marketing Virtual Digital Assistants, and Content Generation), and By End-User (Media & Entertainment, Banking, Financial Services and Insurance (BFSI), Government, IT & Telecommunication, Healthcare, Automotive, Energy & Utilities, Retail, and Education): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 - 2027

Covid-19

Global Cloud Natural Language Processing (NLP) Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

The report covers the forecast and analysis of the cloud natural language processing (NLP) market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the cloud natural language processing (NLP) market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cloud natural language processing (NLP) market on a global level.

In order to give the users of this report a comprehensive view of the cloud natural language processing (NLP) market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the cloud natural language processing (NLP) market by segmenting the market based on the type, deployment model, technology, application, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The swift surge in the digital data industry is one of the major aspects that are likely to contribute notably towards the cloud natural language processing (NLP) market expansion over the forecast timeline. Apparently, the rapid adoption of big data analytics and the increase in cloud deployments are some of the other key factors augmenting the growth of digital data. This, in turn, is likely to shoot up the business growth trends.

Based on the type, the market is sectored into rule-based, statistical, and hybrid types. In terms of the deployment model, the cloud natural language processing (NLP) industry is divided into public, hybrid, and private deployment models. On the basis of technology, the market is classified into recognition, operation, and analytics technologies. Application-wise, the industry is segmented into voice & speech recognition, data processing, customer service & marketing virtual digital assistants, and content generation. On the basis of end-user, the market is divided into media & entertainment, banking, financial services and insurance (BFSI), government, it & telecommunication, healthcare, automotive, energy & utilities, retail, and education.

Covid-19

Cloud Natural Language Processing (NLP) Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  •  [24]7.ai,
  •  Inc.,
  •  3M,
  •  Abe AI Inc. ,
  •  Amazon Web Services,
  •  Inc.,
  •  Apple Inc.,
  •  Aylien Ltd.,
  •  Cortical.io,
  •  Digital Reasoning Systems,
  •  Inc.,
  •  Expert System S.p.A.,
  •  Explosion AI (spaCy),
  •  Flamingo.ai,
  •  Google LLC,
  •  IBM Corporation,
  •  Lexalytics,
  •  Microsoft,
  •  MonkeyLearn Inc.,
  •  Mya Systems,
  •  Inc.,
  •  QSR International Pty Ltd. (NVIVO),
  •  Smartsheet Inc.,
  •  Softweb Solutions Inc. (An Avnet Company),
  •  Sonix,
  •  Inc.,
  •  TextRazor Ltd.,
  •  Twiggle.

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Cloud Natural Language Processing (NLP) Market.
According to Facts and Factors research report, the global Cloud Natural Language Processing (NLP) Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Cloud Natural Language Processing (NLP) Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Cloud Natural Language Processing (NLP) Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Cloud Natural Language Processing (NLP) Market in North America over coming decade.
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