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

  • ID: 3502818
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • 3M Company
  • Amazon Web Services, Inc.
  • Apple, Inc.
  • Dolbey Systems, Inc.
  • Google Cloud Platform
  • IBM Corporation
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.

Select Competitors (Total 60 Featured):
  • 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.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3M Company
  • Amazon Web Services, Inc.
  • Apple, Inc.
  • Dolbey Systems, Inc.
  • Google Cloud Platform
  • IBM Corporation
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Natural Language Processing (NLP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Natural Language Processing (NLP) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Statistical NLP by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Statistical NLP by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Rule-based NLP by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Rule-based NLP by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Hybrid NLP by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Hybrid NLP by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for IT & Telecommunication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for IT & Telecommunication by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 15: World Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 16: World 7-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 17: World Current & Future Analysis for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 18: World 7-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 19: World Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: World 7-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 21: USA Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: USA 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 23: USA Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: USA 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • CANADA
  • Table 25: Canada Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Canada 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 27: Canada Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Canada 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • JAPAN
  • Table 29: Japan Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: Japan 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 31: Japan Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 32: Japan 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • CHINA
  • Table 33: China Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 34: China 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 35: China Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: China 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • EUROPE
  • Table 37: Europe Current & Future Analysis for Natural Language Processing (NLP) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 38: Europe 7-Year Perspective for Natural Language Processing (NLP) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 39: Europe Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 40: Europe 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 41: Europe Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: Europe 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • FRANCE
  • Table 43: France Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: France 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 45: France Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: France 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • GERMANY
  • Table 47: Germany Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Germany 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 49: Germany Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Germany 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • ITALY
  • Table 51: Italy Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 52: Italy 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 53: Italy Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: Italy 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 55: UK Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: UK 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 57: UK Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 58: UK 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 59: Rest of Europe Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 60: Rest of Europe 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 61: Rest of Europe Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 62: Rest of Europe 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 63: Asia-Pacific Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 64: Asia-Pacific 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 65: Asia-Pacific Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 66: Asia-Pacific 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
  • REST OF WORLD
  • Table 67: Rest of World Current & Future Analysis for Natural Language Processing (NLP) by Solution Type - Statistical NLP, Rule-based NLP and Hybrid NLP - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 68: Rest of World 7-Year Perspective for Natural Language Processing (NLP) by Solution Type - Percentage Breakdown of Value Sales for Statistical NLP, Rule-based NLP and Hybrid NLP for the Years 2020 & 2027
  • Table 69: Rest of World Current & Future Analysis for Natural Language Processing (NLP) by Vertical - BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 70: Rest of World 7-Year Perspective for Natural Language Processing (NLP) by Vertical - Percentage Breakdown of Value Sales for BFSI, IT & Telecommunication, Automotive, Healthcare, Media & Entertainment and Other Verticals for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 60
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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.
Note: Product cover images may vary from those shown
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