United States Natural Language Processing Market Report 2021 Featuring Google, IBM, Microsoft, Intel, Apple, AWS, Facebook, Inbenta Technologies, Veritone, SAS Institute
Dublin, Sept. 28, 2021 (GLOBE NEWSWIRE) -- The "United States Natural Language Processing Market, By Component (Solution and Services), By Deployment (On-Premise, Cloud), By Organization Size (SME's Vs Large Enterprises), By Type, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
United States natural language processing market is expected to grow at an impressive rate over the forecast period
Growing usage of smart devices is the main factor driving the market growth in the country. Moreover, implementation of cloud-based solutions coupled with adoption of NLP-based applications in order to enhance the customer service is further positively influencing the growth of natural language processing market.
In addition to this, rapid innovations related to tech sector in the healthcare industry are further expected to give a healthy push to the market growth over the coming years. However, the market is likely to get subdued during the forecast years because of high installation costs of natural language processing in various end-user industries.
The United States natural language processing market is segmented based on component, deployment, organization size, type, application, end user, region and company. Based on component, the market is bifurcated into solution and services.
Out of which, the services segment is anticipated to grow at the highest CAGR during the forecast years owing to its use in various enterprises to ensure system and software efficiency and stability. Based on application, the market is segregated into text classification, automatic summarization, machine translation, sentiment analysis, question answering, information extraction and others.
Among them, the sentimental analysis application is forecast to register high growth in the next five years. The companies use natural language processing applications to know the opinions and sentiments of the customers online to understand what they think about their products and services.
Major players operating in the United States natural language processing market include 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 bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to natural language processing
Market research and consulting firms
Report Scope:
Years considered for this report:
Historical Years: 2016-2019
Base 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:
On-Premises
Cloud
United States Natural Language Processing Market, By Organization Size:
SME's
Large Enterprises
United States Natural Language Processing Market, By Type:
Rule-Based
Statistical
Hybrid
United States Natural Language Processing Market, By Application:
Sentiment Analysis
Data Extraction
Content Management
Automatic Summarization
Machine Translation
Others
United States Natural Language Processing Market, By End User:
BFSI
Retail and E-Commerce
Government and Defense
Healthcare and Life Science
Manufacturing
Others
United States Natural Language Processing Market, By Region:
West
Northeast
Midwest
South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United States 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 about this report visit https://www.researchandmarkets.com/r/6cb22w
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900