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Natural Language Processing (NLP) - Global Market Trajectory & Analytics

  • ID: 3502818
  • Report
  • July 2020
  • Region: Global
  • 166 pages
  • Global Industry Analysts, Inc
Global Natural Language Processing (NLP) Market to Reach $25.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Natural Language Processing (NLP) estimated at US$13 Billion in the year 2020, is projected to reach a revised size of US$25.7 Billion by 2027, growing at a CAGR of 10.3% over the analysis period 2020-2027. Statistical NLP, one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$10.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rule-based NLP segment is readjusted to a revised 11% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 9.6% CAGR

The Natural Language Processing (NLP) market in the U.S. is estimated at US$3.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2027 trailing a CAGR of 9.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 8.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.

Hybrid NLP Segment to Record 9.7% CAGR

In the global Hybrid NLP segment, USA, Canada, Japan, China and Europe will drive the 9.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$5.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3 Billion by the year 2027.We bring years of research experience to this 17th edition of our report. The 166-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • 3M Company
  • Amazon Web Services, Inc.
  • Apple, Inc.
  • Dolbey Systems, Inc.
  • Google Cloud Platform
  • Hewlett-Packard Development Company LP
  • IBM Corporation
  • Inbenta Technologies, Inc.
  • Microsoft Corporation
  • NetBase Solutions, Inc.
  • Nuance Communications, Inc.
  • SAS Institute, Inc.
  • SparkCognition, Inc.
  • Verint Systems, Inc.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Natural Language Processing (NLP) Competitor Market Share Scenario Worldwide (in %): 2019 & 2028

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Natural Language Processing (NLP) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Natural Language Processing (NLP) Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Statistical NLP (Solution Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Statistical NLP (Solution Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Rule-based NLP (Solution Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Rule-based NLP (Solution Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Hybrid NLP (Solution Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Hybrid NLP (Solution Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: BFSI (Vertical) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 10: BFSI (Vertical) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: IT & Telecommunication (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 12: IT & Telecommunication (Vertical) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Automotive (Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
TABLE 14: Automotive (Vertical) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Healthcare (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 16: Healthcare (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
TABLE 17: Media & Entertainment (Vertical) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 18: Media & Entertainment (Vertical) Market Share Shift across Key Geographies: 2020 VS 2027
TABLE 19: Other Verticals (Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 20: Other Verticals (Vertical) Market Share Breakdown by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Natural Language Processing (NLP) Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 21: United States Natural Language Processing (NLP) Market Estimates and Projections in US$ Million by Solution Type: 2020 to 2027
TABLE 22: United States Natural Language Processing (NLP) Market Share Breakdown by Solution Type: 2020 VS 2027
TABLE 23: United States Natural Language Processing (NLP) Latent Demand Forecasts in US$ Million by Vertical: 2020 to 2027
TABLE 24: Natural Language Processing (NLP) Market Share Breakdown in the United States by Vertical: 2020 VS 2027

CANADA

TABLE 25: Canadian Natural Language Processing (NLP) Market Estimates and Forecasts in US$ Million by Solution Type: 2020 to 2027
TABLE 26: Natural Language Processing (NLP) Market in Canada: Percentage Share Breakdown of Sales by Solution Type for 2020 and 2027
TABLE 27: Canadian Natural Language Processing (NLP) Market Quantitative Demand Analysis in US$ Million by Vertical: 2020 to 2027
TABLE 28: Canadian Natural Language Processing (NLP) Market Share Analysis by Vertical: 2020 VS 2027

JAPAN

TABLE 29: Japanese Market for Natural Language Processing (NLP): Annual Sales Estimates and Projections in US$ Million by Solution Type for the Period 2020-2027
TABLE 30: Japanese Natural Language Processing (NLP) Market Share Analysis by Solution Type: 2020 VS 2027
TABLE 31: Japanese Demand Estimates and Forecasts for Natural Language Processing (NLP) in US$ Million by Vertical: 2020 to 2027
TABLE 32: Natural Language Processing (NLP) Market Share Shift in Japan by Vertical: 2020 VS 2027

CHINA

TABLE 33: Chinese Natural Language Processing (NLP) Market Growth Prospects in US$ Million by Solution Type for the Period 2020-2027
TABLE 34: Chinese Natural Language Processing (NLP) Market by Solution Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 35: Chinese Demand for Natural Language Processing (NLP) in US$ Million by Vertical: 2020 to 2027
TABLE 36: Chinese Natural Language Processing (NLP) Market Share Breakdown by Vertical: 2020 VS 2027

EUROPE

Market Facts & Figures

European Natural Language Processing (NLP) Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 37: European Natural Language Processing (NLP) Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 38: European Natural Language Processing (NLP) Market Share Shift by Region/Country: 2020 VS 2027
TABLE 39: European Natural Language Processing (NLP) Market Estimates and Forecasts in US$ Million by Solution Type: 2020-2027
TABLE 40: European Natural Language Processing (NLP) Market Share Breakdown by Solution Type: 2020 VS 2027
TABLE 41: European Natural Language Processing (NLP) Addressable Market Opportunity in US$ Million by Vertical: 2020-2027
TABLE 42: European Natural Language Processing (NLP) Market Share Analysis by Vertical: 2020 VS 2027

FRANCE

TABLE 43: Natural Language Processing (NLP) Market in France by Solution Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 44: French Natural Language Processing (NLP) Market Share Analysis by Solution Type: 2020 VS 2027
TABLE 45: Natural Language Processing (NLP) Quantitative Demand Analysis in France in US$ Million by Vertical: 2020-2027
TABLE 46: French Natural Language Processing (NLP) Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027

GERMANY

TABLE 47: Natural Language Processing (NLP) Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Solution Type for the Period 2020-2027
TABLE 48: German Natural Language Processing (NLP) Market Share Breakdown by Solution Type: 2020 VS 2027
TABLE 49: Natural Language Processing (NLP) Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Vertical for the Period 2020-2027
TABLE 50: Natural Language Processing (NLP) Market Share Distribution in Germany by Vertical: 2020 VS 2027

ITALY

TABLE 51: Italian Natural Language Processing (NLP) Market Growth Prospects in US$ Million by Solution Type for the Period 2020-2027
TABLE 52: Italian Natural Language Processing (NLP) Market by Solution Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 53: Italian Demand for Natural Language Processing (NLP) in US$ Million by Vertical: 2020 to 2027
TABLE 54: Italian Natural Language Processing (NLP) Market Share Breakdown by Vertical: 2020 VS 2027

UNITED KINGDOM

TABLE 55: United Kingdom Market for Natural Language Processing (NLP): Annual Sales Estimates and Projections in US$ Million by Solution Type for the Period 2020-2027
TABLE 56: United Kingdom Natural Language Processing (NLP) Market Share Analysis by Solution Type: 2020 VS 2027
TABLE 57: United Kingdom Demand Estimates and Forecasts for Natural Language Processing (NLP) in US$ Million by Vertical: 2020 to 2027
TABLE 58: Natural Language Processing (NLP) Market Share Shift in the United Kingdom by Vertical: 2020 VS 2027

REST OF EUROPE

TABLE 59: Rest of Europe Natural Language Processing (NLP) Market Estimates and Forecasts in US$ Million by Solution Type: 2020-2027
TABLE 60: Rest of Europe Natural Language Processing (NLP) Market Share Breakdown by Solution Type: 2020 VS 2027
TABLE 61: Rest of Europe Natural Language Processing (NLP) Addressable Market Opportunity in US$ Million by Vertical: 2020-2027
TABLE 62: Rest of Europe Natural Language Processing (NLP) Market Share Analysis by Vertical: 2020 VS 2027

ASIA-PACIFIC

TABLE 63: Natural Language Processing (NLP) Market in Asia-Pacific by Solution Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 64: Asia-Pacific Natural Language Processing (NLP) Market Share Analysis by Solution Type: 2020 VS 2027
TABLE 65: Natural Language Processing (NLP) Quantitative Demand Analysis in Asia-Pacific in US$ Million by Vertical: 2020-2027
TABLE 66: Asia-Pacific Natural Language Processing (NLP) Market Share Analysis: A 7-Year Perspective by Vertical for 2020 and 2027

REST OF WORLD

TABLE 67: Rest of World Natural Language Processing (NLP) Market Estimates and Forecasts in US$ Million by Solution Type: 2020 to 2027
TABLE 68: Natural Language Processing (NLP) Market in Rest of World: Percentage Share Breakdown of Sales by Solution Type for 2020 and 2027
TABLE 69: Rest of World Natural Language Processing (NLP) Market Quantitative Demand Analysis in US$ Million by Vertical: 2020 to 2027
TABLE 70: Rest of World Natural Language Processing (NLP) Market Share Analysis by Vertical: 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 60

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