US Natural Language Processing Market Analysis, Competition, Forecast and Opportunity, 2016-2020 and 2021-2026 – ResearchAndMarkets.com

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DUBLIN – (COMMERCIAL THREAD) – The “natural language processing market in the United States, by component (solution and services), by deployment (on-premise, cloud), by size of organization (SME vs. large enterprises), by type, By Application, By End User, The By Region, Competition, Forecast & Opportunity, 2026 report “has been added to ResearchAndMarkets.com offer.

US Natural Language Processing Market Expected To Grow At An Impressive Rate During The Forecast Period

The growing use of smart devices is the main driver of market growth in the country. Moreover, the implementation of cloud-based solutions coupled with the adoption of NLP-based applications to improve customer service is further positively influencing the growth of the natural language processing market.

In addition to this, the rapid innovations related to the technological sector in the healthcare sector are further expected to give a healthy boost to the growth of the market in the coming years. However, the market is likely to become subdued over the forecast years due to the high installation costs of natural language processing in various end user industries.

The US natural language processing market is segmented on the basis of component, deployment, organization size, type, application, end user, region and business. Based on components, the market is divided into solutions and services.

Among which, the services segment is expected to grow at the highest CAGR over the forecast years due to its use in various companies to ensure the efficiency and stability of systems and software. Based on the application, the market is divided into text classification, automatic summary, machine translation, sentiment analysis, question answer, information retrieval, and others.

Among them, the sentimental analysis application is expected to register strong growth over the next five years. Businesses use natural language processing applications to learn about the opinions and feelings of customers online in order to understand what they think about their products and services.

The main players operating in the US natural language processing market are Google, IBM, Microsoft, Intel, Apple, AWS, Facebook, Inbenta Technologies, Veritone, SAS Institute, etc.

Key target audience:

  • Natural language processing service providers, vendors and other stakeholders

  • Government agencies such as regulators and policy makers

  • Organizations, forums and alliances related to natural language processing

  • Market studies and consulting firms

Scope of the report:

Years considered for this report:

  • Historical years: 2016-2019

  • Baseline year: 2020

  • Estimated year: 2021

  • Forecast period: 2022-2026

United States Natural Language Processing Market, By Component:

  • Solution

  • Platform

  • Software

  • Services

  • Professional

  • Managed

United States Natural Language Processing Market, By Deployment:

United States Natural Language Processing Market, By Organization Size:

United States Natural Language Processing Market, By Type:

  • Rules-based

  • Statistical

  • Hybrid

United States Natural Language Processing Market, By Application:

  • Sentiment analysis

  • Data extraction

  • Content management

  • Automatic summary

  • Automatic translation

  • Others

United States Natural Language Processing Market, By End User:

  • BFSI

  • Retail and e-commerce

  • Government and Defense

  • Health and Life Sciences

  • Manufacturing

  • Others

United States Natural Language Processing Market, By Region:

  • Where is

  • Northeast

  • Midwest

  • South

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the US natural language processing market.

  • Google (Alphabet Inc)

  • IBM Corp

  • Microsoft Corp

  • Intel Corp

  • Apple Inc

  • Amazon Web Services, Inc

  • Facebook, Inc

  • Inbenta Technologies Inc,

  • Veritone Inc,

  • SAS Institute Inc,

For more information on this report, visit https://www.researchandmarkets.com/r/lpkhqd


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