Global Natural Language Processing Market to Grow at a CAGR of 16.11 % by 2015-2019, Market Analysis Report

Global Natural Language Processing Market 2015-2019 Size and Share Published in 2016-01-06 Available for US$ 2500 at Researchmoz.u

Description

Natural language processing is a computer application that can understand human language. It is a part of AI. It is a computerized technique in which human communication is analyzed and interpreted based on a set of theories and technologies by the computer. It is both based on text and speech provided to the computer. Currently, NLP approaches are based on machine learning that uses patterns for understanding own programs. The most common NLP in all the software packages includes:

Sentence segmentation, part-of-speech tagging, and parsing

Deep analytics

Named entity extraction

Co-reference resolution

The goal of NLP is to reduce the time for understanding computer languages such as Java, C, C++, and Ruby.

The development of NLP solutions is difficult because computers need humans to speak in a programming language that needs to be precise, unambiguous, and highly structured with less amount of enunciated voice commands. However, human speech cannot be precise, and it is often ambiguous and depend on variables that include slang, regional dialects, and social context.

Technavio's analysts forecast the global NLP market to grow at a CAGR of 16.11 % over the period 2014-2019.

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Covered in this report

This report covers the present scenario and growth prospects of the global NLP market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of NLP solutions in the global market from the following segments:

Recognition market: This includes the revenue generated from speech recognition, OCR , and IVR systems market

Analytics market: This includes the revenue generated from text and speech analytics

Operational market: This includes the revenue generated from categorization and auto-coding process

This report also segments the market according to the end-users, deployment model, and by product.

Key regions

APAC

Europe

Latin America

MEA

North America

Key vendors

3M

Apple

Google

Microsoft

Other prominent vendors

A3logics

AlchemyAPI

Apixio

Aylien

Dolbey Systems

Fluxifi

HP

IBM

Linguamatics

Mmodal

Netbase

Nuance Communication

SAS Institute

Textalytics

Verint Systems

Key market driver

Increase in use of NLP in healthcare industry

For a full, detailed list, view our report

Key market challenge

Inability to suppress ambient noise

For a full, detailed list, view our report

Key market trend

Growing use of text analytics in healthcare industry

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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Table of Content

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Global NLP market

Five forces analysis

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