Global Natural Language Processing Market 2015-2019

  • ID: 3605245
  • Report
  • Region: Global
  • 68 pages
  • TechNavio
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FEATURED COMPANIES

  • 3M
  • Apixio
  • Dolbey Systems
  • HP
  • Microsoft
  • Nuance Communication
  • MORE
About NLP

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.

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

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 drivers

- Increase in use of NLP in healthcare industry
- For a full, detailed list, view the full report

Key Market challenges

- Inability to suppress ambient noise
- For a full, detailed list, view the full report

Key market trends

- Growing use of text analytics in healthcare industry
- For a full, detailed list, view the full 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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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Apixio
  • Dolbey Systems
  • HP
  • Microsoft
  • Nuance Communication
  • MORE
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
PART 06: Market segmentation by application

PART 07: Market segmentation by technology

PART 08: Market segmentation by product

PART 09: Market segmentation by end-user

PART 10: Market segmentation by deployment model

PART 11: Geographical segmentation

PART 12: Market drivers
  • Increase in use of NLP in healthcare industry
  • Increase in use of smartphones and tablets
  • Need to improve customer experience
  • Increase in data
  • Increased investment in speech solutions
PART 13: Impact of drivers

PART 14: Market challenges

PART 15: Impact of drivers and challenges

PART 16: Market trends

PART 17: Vendor landscape
  • Other prominent vendors
PART 18: Key vendor analysis
  • 3M
  • Apple
  • Google
  • Microsoft
PART 19: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Global NLP market ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global NLP market by technology 2014
Exhibit 05: Global IVR system market 2014-2019 ($ billions)
Exhibit 06: Global OCR market 2014-2019 ($ billions)
Exhibit 07: Global pattern recognition market 2014-2019 ($ billions)
Exhibit 08: Global text analytics market 2014-2019 ($ billions)
Exhibit 09: Global speech analytics market 2014-2019 ($ billions)
Exhibit 10: Global operational market 2014-2019 ($ billions)
Exhibit 11: Global NLP market by end-user 2014
Exhibit 12: Global NLP market by geography 2014
Exhibit 13: Global NLP market by geography 2014-2019
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers and challenges
Exhibit 16: M: Business segmentation by revenue 2014
Exhibit 17: M: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 18: M: Geographical segmentation by revenue 2014
Exhibit 19: Apple: Business segmentation by revenue 2014
Exhibit 20: Apple: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 21: Google: Product segmentation by revenue 2014
Exhibit 22: Google: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 23: Google: Geographical segmentation by revenue 2014
Exhibit 24: Microsoft: Business segmentation by revenue 2014
Exhibit 25: Microsoft: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 26: Microsoft: Geographical segmentation by revenue 2014
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Apixio
  • Dolbey Systems
  • HP
  • Microsoft
  • Nuance Communication
  • MORE
New Report Released: - Global Natural Language Processing Market 2015-2019

The author of the report recognizes the following companies as the key players in the Global Natural Language Processing Market: 3M, Apple, Google and Microsoft

Other Prominent Vendors in the market are: A3logics, AlchemyAPI, Apixio, Aylien, Dolbey Systems, Fluxifi, HP, IBM, Linguamatics, Mmodal, Netbase, Nuance Communication, SAS Institute, Textalytics and Verint Systems

Commenting on the report, an analyst from the research team said: “Text analytics is used in healthcare to provide adequate treatment to the public. Healthcare organizations use text analytics to diagnose diseases accurately and to improve overall healthcare services. In addition, this software is used in clinical research to search for chemical compounds in clinical documents and reports, which helps to establish relationships among genetic markers and diseases. This process helps healthcare experts to isolate the right biological compounds that act as disease-causing agents.”

According to the report, one of the major drivers in the market is the increase in the use of NLP in the healthcare industry. The healthcare industry is vast and has to deal with a lot of confidential data, so it needs to invest heavily in IT infrastructure. The data is either structured or unstructured, and it needs to be analyzed and communicated to both medical personnel and patients.

Further, the report states that one of the main challenges with NLP is its inability to avoid external noise. Recognition applications are highly sound-sensitive, so any ambient noise reduces its accuracy levels. Although the voice and speech recognition industry has witnessed several advances in technology, high sensitivity to sound remains a barrier to the adoption of recognition applications.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- 3M
- Apple
- Google
- Microsoft
- A3logics
- AlchemyAPI
- Apixio
- Aylien
- Dolbey Systems
- Fluxifi
- HP
- IBM
- Linguamatics
- Mmodal
- Netbase
- Nuance Communication
- SAS Institute
- Textalytics
- Verint Systems
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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