Global Natural Language Processing (NLP) Market / Sector Size, Status and Forecast 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Natural Language Processing (NLP) Market


Natural language processing (NLP) is a branch of artificial intelligence that deals with the interaction between computers and humans using the natural language (spoken or written data), not in the artificial languages such as Java and C++.NLP in healthcare are mainly classified into the following types: machine translation, information extraction, automatic summarization, text and voice processing and other. Machine translation is the most widely used type which takes up about 45.7% of the total sales in 2018. In 2018, the global Natural Language Processing (NLP) market size was 486.4 million US$ and it is expected to reach 1748.7 million US$ by the end of 2025, with a CAGR of 20.1% during 2019-2025. This report focuses on the global Natural Language Processing (NLP) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Natural Language Processing (NLP) development in United States, Europe and China.

Market Segmentation, Outlook & Viewpoint: Global Natural Language Processing (NLP) Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Machine Translation
Information Extraction
Automatic Summarization
Text and Voice Processing
OthersMachine translation takes 45.6% market share of natural language processing in 2018, and it will hold the largest share in the next years.The market share of information extraction is 33.8 percent in 2018.Automatic summarization's market share is 6.6% in 2018.In 2018, text and voice processing only has 4.6% market share of natural language processing in 2018.Others occupy 9.4 percent market share in 2018.

Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:

Electronic Health Records (EHR)
Computer-Assisted Coding (CAC)
Clinician Document
OthersElectronic health records take 48% percent market share of natural language processing in 2018,and it will be the main application in the next years.The market share of computer-assisted coding is 36% in 2018, while it will grow fast from 2019 to 2025.Clinician document holds 8.2 percent market share in 2018.In 2018, others have 7.8 percent market share of natural language processing.

Top Companies & Key Players: Global Natural Language Processing (NLP) Market


3M
Linguamatics
Amazon AWS
Nuance Communications
SAS
IBM
Microsoft Corporation
Averbis
Health Fidelity
Dolbey Systems

Key Insights Covered: Global Natural Language Processing (NLP) Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Natural Language Processing (NLP) industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Natural Language Processing (NLP) industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Natural Language Processing (NLP) industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Natural Language Processing (NLP) industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Natural Language Processing (NLP) industry.

Research Methodology: Global Natural Language Processing (NLP) Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.