World: NLP market growth 2030

The global market size change in the 'Natural Language Processing' segment of the artificial intelligence market was forecast to increase between 2024 and 2030 by in total 1.3 percentage points. This overall increase does not happen continuously, notably not in 2026, 2027, 2028, 2029 and 2030. The market size change is estimated to amount to 22.48 percent in 2030.

Find more key insights for the market size change in countries and regions like the number of AI tools users in the 'AI Tool Users' segment of the artificial intelligence market in Nordics and the market size change in the 'Machine Learning' segment of the artificial intelligence market in Europe.

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Growth of the natural language processing (NLP) market globally from 2021 to 2030

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:
Natural language processing (NLP) is a branch of artificial intelligence that focuses on the interaction between human language and computers. Natural language processing tools analyze, understand, and generate written, oral, and visual formats of human language. The Natural Language Processing (NLP) market has relevance for the healthcare, finance, and e-commerce industries in the areas of sentiment analysis, chatbots, and language translation.

Structure:

The Natural Language Processing (NLP) market has three markets. The Text-Based NLP market covers applications that analyze written forms of language. The Speech-Based NLP market covers applications that interpret and understand spoken language. The Language Translation NLP market covers applications that convey the content and meaning of a text from one language into another language.

Additional Information:

The market comprises two key performance indicators: market sizes, and market sizes by industry. Market sizes are generated by the funding amount of Computer Vision companies. Key players of the market include companies such as Amazon Web Services (AWS), Microsoft Azure Cognitive Services, and Google.

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