Natural Language Processing and Recognition Market

The demand for social intelligent artificial agents is increasing, the demand for voice-based biometric recognition systems to achieve multi-factor authentication is increasing, global technological progress and the growing demand for operational excellence are expected to be marketable in the near future Favored by the future. Natural language processing (NLP) is a subfield of artificial intelligence (AI) that enables computers to understand human language, including speech, stress, and contraction, to produce human-like speech and text. It performs human language-based lexical analysis to evaluate languages and datasets. NLP enables computers to perform tasks such as translation, problem solving, content classification, part-of-speech tagging, language detection, parsing, term debugging / stemming, and semantic reasoning. NLP-based applications are gaining attention in different applications such as speech and voice recognition, gesture recognition, computer-aided coding, and data mining.
Natural Language Processing and Recognition Market contains market size and forecasts of Natural Language Processing and Recognition in Global, including the following market information:
Global Natural Language Processing and Recognition Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Natural Language Processing and Recognition 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.
Facial Expression Recognition Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Natural Language Processing and Recognition include Apple, Google, Microsoft, IBM, Affectiva, Beyond Verbal and Noldus Information Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural Language Processing and Recognition 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 and Recognition Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Natural Language Processing and Recognition Market Segment Percentages, by Type, 2021 (%)
Facial Expression Recognition
Speech and Voice Recognition
Gesture and Posture Recognition
Global Natural Language Processing and Recognition Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Natural Language Processing and Recognition Market Segment Percentages, by Application, 2021 (%)
Medical Emergency
Marketing and Advertising
Law Enforcement, Surveillance, and Monitoring
Entertainment and Consumer Electronics
Others
Global Natural Language Processing and Recognition Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Natural Language Processing and Recognition 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 and Recognition revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Natural Language Processing and Recognition revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apple
Google
Microsoft
IBM
Affectiva
Beyond Verbal
Noldus Information Technology