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Technology Landscape, Trends and Opportunities in the Global Natural Language Processing Market

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    Report

  • April 2024
  • Region: Global
  • Lucintel
  • ID: 5970696
The technologies in natural language processing has undergone significant change in recent years, with traditional neural network models to advanced pretrained language models. The rising wave of new technologies, such as IVR and speech analytics are creating significant potential for natural language processing in media and advertising, security, and automotive applications, and driving the demand for natural language processing.

In natural language processing market, various technologies, such as interactive voice response (IVR), optical character recognition (OCR), pattern and image recognition, auto coding, classification and categorization, text analytics, speech analytics, professional services, support and maintenance services are used in various applications. Increasing demand for virtual assistance for easy accessibility of services and growing adoption of cloud-based technology are creating new opportunities for various natural language processing technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the natural language processing market.

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global natural language processing technology by application, technology, and region as follows:
  • Technology Readiness by Technology Type
  • Competitive Intensity and Regulatory Compliance
  • Disruption Potential by Technology Type

Trends and Forecasts by Technology [$M shipment analysis from 2018 to 2030]:

  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services

Technology Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:

  • Media and Advertising
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Security
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Automotive
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Healthcare
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Retail
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Fintech
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Manufacturing
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services
  • Others
  • Interactive Voice Response (IVR)
  • Optical Character Recognition (OCR)
  • Pattern and Image Recognition
  • Auto Coding
  • Classification and Categorization
  • Text Analytics
  • Speech Analytics
  • Professional Services
  • Support and Maintenance Services

Technology Trends and Forecasts by Region [$M shipment analysis for 2018 to 2030]:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Asia Pacific
  • Japan
  • China
  • South Korea
  • India
  • The Rest of the World

Latest Developments and Innovations in the Natural Language Processing Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type

Some of the natural language processing companies profiled in this report include 3M, Apple Incorporation, Dolbey Systems, Google, HPE, IBM Incorporation, Microsoft Corporation, NetBase Solutions, SAS Institute, and Verint Systems.

This report answers the following 9 key questions:

Q.1 What are some of the most promising and high-growth technology opportunities for the natural language processing market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in natural language processing market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the business risks and threats to these technologies in natural language processing market?
Q.6 What are the latest developments in natural language processing technologies? Which companies are leading these developments?
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this natural language processing market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this natural language processing technology space?


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Table of Contents

1. Executive Summary
2. Technology Landscape
2.1. Technology Background and Evolution
2.2. Technology and Application Mapping
2.3. Supply Chain
3. Technology Readiness
3.1. Technology Commercialization and Readiness
3.2. Drivers and Challenges in Natural Language Processing Technologies
3.3. Competitive Intensity
3.4. Regulatory Compliance
4. Technology Trends and Forecasts Analysis from 2018-2030
4.1. Natural Language Processing Opportunity
4.2. Technology Trends (2018-2023) and Forecasts (2024-2030)
4.2.1. Interactive Voice Response (IVR)
4.2.2. Optical Character Recognition (OCR)
4.2.3. Pattern and Image Recognition
4.2.4. Auto Coding
4.2.5. Classification and Categorization
4.2.6. Text Analytics
4.2.7. Speech Analytics
4.2.8. Professional Services
4.2.9. Support and Maintenance Services
4.3. Technology Trends (2018-2023) and Forecasts (2024-2030) by Application Segments
4.3.1. Media and Advertising
4.3.1.1. Interactive Voice Response (IVR)
4.3.1.2. Optical Character Recognition (OCR)
4.3.1.3. Pattern and Image Recognition
4.3.1.4. Auto Coding
4.3.1.5. Classification and Categorization
4.3.1.6. Text Analytics
4.3.1.7. Speech Analytics
4.3.1.8. Professional Services
4.3.1.9. Support and Maintenance Services
4.3.2. Security
4.3.2.1. Interactive Voice Response (IVR)
4.3.2.2. Optical Character Recognition (OCR)
4.3.2.3. Pattern and Image Recognition
4.3.2.4. Auto Coding
4.3.2.5. Classification and Categorization
4.3.2.6. Text Analytics
4.3.2.7. Speech Analytics
4.3.2.8. Professional Services
4.3.2.9. Support and Maintenance Services
4.3.3. Automotive
4.3.3.1. Interactive Voice Response (IVR)
4.3.3.2. Optical Character Recognition (OCR)
4.3.3.3. Pattern and Image Recognition
4.3.3.4. Auto Coding
4.3.3.5. Classification and Categorization
4.3.3.6. Text Analytics
4.3.3.7. Speech Analytics
4.3.3.8. Professional Services
4.3.3.9. Support and Maintenance Services
4.3.4. Healthcare
4.3.4.1. Interactive Voice Response (IVR)
4.3.4.2. Optical Character Recognition (OCR)
4.3.4.3. Pattern and Image Recognition
4.3.4.4. Auto Coding
4.3.4.5. Classification and Categorization
4.3.4.6. Text Analytics
4.3.4.7. Speech Analytics
4.3.4.8. Professional Services
4.3.4.9. Support and Maintenance Services
4.3.5. Retail
4.3.5.1. Interactive Voice Response (IVR)
4.3.5.2. Optical Character Recognition (OCR)
4.3.5.3. Pattern and Image Recognition
4.3.5.4. Auto Coding
4.3.5.5. Classification and Categorization
4.3.5.6. Text Analytics
4.3.5.7. Speech Analytics
4.3.5.8. Professional Services
4.3.5.9. Support and Maintenance Services
4.3.6. Fintech
4.3.6.1. Interactive Voice Response (IVR)
4.3.6.2. Optical Character Recognition (OCR)
4.3.6.3. Pattern and Image Recognition
4.3.6.4. Auto Coding
4.3.6.5. Classification and Categorization
4.3.6.6. Text Analytics
4.3.6.7. Speech Analytics
4.3.6.8. Professional Services
4.3.6.9. Support and Maintenance Services
4.3.7. Manufacturing
4.3.7.1. Interactive Voice Response (IVR)
4.3.7.2. Optical Character Recognition (OCR)
4.3.7.3. Pattern and Image Recognition
4.3.7.4. Auto Coding
4.3.7.5. Classification and Categorization
4.3.7.6. Text Analytics
4.3.7.7. Speech Analytics
4.3.7.8. Professional Services
4.3.7.9. Support and Maintenance Services
4.3.8. Others
4.3.8.1. Interactive Voice Response (IVR)
4.3.8.2. Optical Character Recognition (OCR)
4.3.8.3. Pattern and Image Recognition
4.3.8.4. Auto Coding
4.3.8.5. Classification and Categorization
4.3.8.6. Text Analytics
4.3.8.7. Speech Analytics
4.3.8.8. Professional Services
4.3.8.9. Support and Maintenance Services
5. Technology Opportunities (2018-2030) by Region
5.1. Natural Language Processing Market by Region
5.2. North American Natural Language Processing Technology Market
5.2.1. United States Natural Language Processing Technology Market
5.2.2. Canadian Natural Language Processing Technology Market
5.2.3. Mexican Natural Language Processing Technology Market
5.3. European Natural Language Processing Technology Market
5.3.1. The United Kingdom Natural Language Processing Technology Market
5.3.2. German Automotive Natural Language Processing Technology Market
5.3.3. French Automotive Natural Language Processing Technology Market
5.4. APAC Natural Language Processing Technology Market
5.4.1. Chinese Natural Language Processing System Technology Market
5.4.2. Japanese Natural Language Processing System Technology Market
5.4.3. Indian Natural Language Processing System Technology Market
5.4.4. South Korean Natural Language Processing Technology Market
5.5. ROW Natural Language Processing Technology Market
6. Latest Developments and Innovations in the Natural Language Processing Technologies
7. Companies / Ecosystem
7.1. Product Portfolio Analysis
7.2. Market Share Analysis
7.3. Geographical Reach
8. Strategic Implications
8.1. Implications
8.2. Growth Opportunity Analysis
8.2.1. Growth Opportunities for the Natural Language Processing Market by Technology
8.2.2. Growth Opportunities for the Natural Language Processing Market by Application
8.2.3. Growth Opportunities for the Natural Language Processing Market by Region
8.3. Emerging Trends in the Natural Language Processing Market
8.4. Disruption Potential
8.5. Strategic Analysis
8.5.1. New Product Development
8.5.2. Capacity Expansion of the Natural Language Processing Market
8.5.3. Mergers, Acquisitions, and Joint Ventures in the Natural Language Processing Market
9. Company Profiles of Leading Players
9.1. 3M
9.2. Apple Incorporation
9.3. Dolbey Systems
9.4. Google
9.5. HPE
9.6. IBM Incorporation
9.7. Microsoft Corporation
9.8. NetBase Solutions
9.9. SAS Institute
9.10. Verint Systems

Companies Mentioned

  • 3M
  • Apple Incorporation
  • Dolbey Systems
  • Google
  • HPE
  • IBM Incorporation
  • Microsoft Corporation
  • NetBase Solutions
  • SAS Institute
  • Verint Systems

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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