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Wednesday, June 14, 2023

On-premise is expected to remain the largest segment in natural language processing (NLP) technology in the global artificial intelligence market

An exciting new study from the team of Lucintel found that natural language processing (NLP) technology in the global artificial intelligence market is expected to reach $7.3 billion by 2028 with a CAGR of 15.9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/natural-language-processing-technology-in-the-global-artificial-intelligence-market.aspx.

The natural language processing (NLP) technology in the global artificial intelligence market is segmented based on component, type, deployment, application, end use industry, and region. In this market, on-premise is expected to remain the largest deployment, and BFSI segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like the presence of AI and machine learning (ML) technology, increasing R&D activities, and ongoing advancements in cloud computing platforms in the region.

3M, Apple, AWS, Baidu, Google LLC, IBM Corporation, Meta, Microsoft, Oracle, Inbenta, and IQVIA are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/natural-language-processing-technology-in-the-global-artificial-intelligence-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the natural language processing (NLP) technology in the global artificial intelligence market by component (solutions and services), type (statistical NLP, rule based NLP, etc), deployment (on-premises and cloud), application (customer experience management, virtual assistants, etc), end use industry (BFSI, IT & telecom, retail and ecommerce, etc), and regions?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the natural language processing (NLP) technology in the global artificial intelligence market?

Q.4 What are some changing demands of customers in the natural language processing (NLP) technology in the global artificial intelligence market?

Q.5 What are the new developments in the natural language processing (NLP) technology in the global artificial intelligence market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this natural language processing (NLP) technology in the global artificial intelligence area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this natural language processing (NLP) technology in the global artificial intelligence market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com 
Tel. 972.636.5056

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