The speech-based subset of the NLP market, itself a subset of the AI market, has seen turbulent years of growth and contraction since 2021. It saw staggering growth in 2023 and is expected to continue growing at a strong rate of more than 20 percents.
Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2021 to 2030
Data provided by Statista Market Insights are estimates.
Definition: The Speech-Based Natural Language Processing (NLP) market encompasses applications that interpret and understand spoken language and includes systems that can transcribe, translate, and analyze spoken words and phrases with the goal of improving human-machine communication. The Speech-Based NLP market has relevance for the healthcare, finance, and customer service industries.
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Statista. (September 10, 2024). Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2021 to 2030 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista. "Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2021 to 2030." Chart. September 10, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista. (2024). Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2021 to 2030. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista. "Growth of The Speech-based Subset of The Natural Language Processing (Nlp) Market Worldwide from 2021 to 2030." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
Statista, Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2021 to 2030 Statista, https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide (last visited December 19, 2024)
Growth of the speech-based subset of the natural language processing (NLP) market worldwide from 2021 to 2030 [Graph], Statista, September 10, 2024. [Online]. Available: https://www.statista.com/forecasts/1491241/speech-based-nlp-growth-worldwide
