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Natural Language Processing (NLP) Market Perceives an Amplifying Growth By 2022: Asserts MRFR

By Herald Keeper
By Market Research Future

Natural Language Processing Market:

The Natural Language Processing (NLP) is a computer algorithm which processes the human voice, understands the text and makes it accessible on computer application. The growing need of speech recognition and text conversation in education, automotive and healthcare sector to handle much larger data sets in the respective field is generating demand for the market growth study of natural language processing (NLP); it also provides competitive advantage to various major companies.

With their unique quality of simplifying the Market Reports, ?Market Research Future presents a Deep Diving Report on Market Prospect of ?Global Natural Language Processing Market.

The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. It provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.


Key Players

  • Nuance Communications (U.S.)
  • IBM Corporation (U.S.)
  • Google Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • 3M Company (U.S.)
  • SAS Institute, Inc. (U.S.)
  • Cerner Systems, Inc. (U.S.)
  • Dolbey Systems, Inc. (U.S.)
  • Verint Systems, Inc. (U.S.)
  • Oracle Corporation (U.S.)

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1288

Industry News:

  • Dolbey Systems got appreciation in year 2015 for speech recognition in KLAS category. Dolbey has developed fusion speech recognition product which include front-end and back-end speech software.
  • 3M Company has acquired Switzerland based medical coding technology company, Semfinder in September 2016. This acquisition would provide new coding technology which will enable 3M to accelerate its 3M 360 encompass system in other regions where there is a high adoption of electronic medical records.

Commenting on the report, an analyst from Market Research Future (MRFR)s team said: ?High adoption of big data technologies and rise in use of speech technology in automotive service center is the key trend for this market. With increasing investment of market players in manufacturing and developing Smartphones and tablets to serve the growing market of machine technologies and advanced devices such as computers, and smartphones, especially the American and APAC countries are taking many initiatives to implement the Natural Language Processing (NLP) effectively in their region ?

Segments

Global Natural Language Processing (NLP) Market can be segmented as follows:

Segmentation by Type: Rule-based, Statistical, and Hybrid NLP.

Segmentation by Method: Recognition, Operational and analytics technologies.

Segmentation by Deployment: on-demand and on-premise.

Segmentation by Applications: Education, Healthcare, Communication, Enterprises, BFSI, Retail, Government and Automotive among others.

Browse Report @ https://www.marketresearchfuture.com/reports/natural-language-processing-market

Regional Analysis – Natural Language Processing (NLP) Market:

North America is dominating the Global Natural Language Processing (NLP) Market with the largest market share in the region, and therefore accounting for a substantial amount and is expected to grow immensely by 2022.  Natural Language Processing (NLP) Market in Europe market is expected to grow continually wide by 2022. The Asia-Pacific market for Natural Language Processing (NLP) Market is too expected to grow at a huge rate of CAGR during the forecasting period (2016-2022).

High adoption of big data technologies and rise in use of speech technology in automotive service center is the key trend for this market. With increasing investment of market players in manufacturing and developing Smartphones and tablets to serve the growing market of machine technologies and advanced devices such as computers, and smartphones, especially the American and APAC countries are taking many initiatives to implement the Natural Language Processing (NLP) effectively in their region

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Akash Anand,

Market Research Future

+1 646 845 9312

Email: [email protected]

The post Natural Language Processing (NLP) Market Perceives an Amplifying Growth By 2022: Asserts MRFR by Market Research Future appeared first on Herald Keeper.


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