Allied Market Research
Loading...
0
Upcoming Allied Market Research
2022
Cloud Natural Language Processing (nlp) Market

Cloud Natural Language Processing (NLP) Market, by Type (Hardware, Software, and Services), Processing Type (Text, Image, and Speech/Voice), and Industry Vertical (BFSI, Healthcare, Retail, Telecom & IT, Education, Manufacturing, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

A15194
Pages: NA
Mar 2022 | 23 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Cloud Natural Language Processing (nlp) Market

Request Now !

Natural language processing (NLP) refers to the branch of computer science, and more specifically, the branch of artificial intelligence (AI) concerned with giving computers the ability to understand text and spoken words in the same way human beings can.

NLP combines computational linguistics rule-based modelling of human language with statistical, machine learning, and deep learning models. Together, these technologies enable computers to process human language in the form of text or voice data and to understand its full meaning, complete with the speaker or writer’s intent and sentiment.

NLP drives computer programs that translate text from one language to another, respond to spoken commands, and summarize large volumes of text rapidly, even in real time. Interactions with NLP are in the form of voice-operated GPS systems, digital assistants, speech-to-text dictation software, customer service chat-bots, and other consumer conveniences. But NLP also plays an important role in enterprise solutions to help streamline business operations, increase employee productivity, and simplify mission-critical business processes.

Market Scope and Structure Analysis:

Report Metric

Details

  Market Size Available for Years

  2020-2030

   Base Year Considered

  2020

  Forecast Period

  2021-2030

  Forecast Unit

  Value (USD)

 Segments Covered

Type, Processing Type, Industry Vertical, and Region

  Companies Covered

IBM, Microsoft Corp., Google LLC, Amazon Web Services, Inc., Meta, Apple Inc., 3M, Intel Corporation, SAS Institute Inc., Baidu, Inc., and Inbenta Holdings Inc.

 

COVID-19 Scenario Analysis:

The cloud natural language processing market witnessed a slowdown in 2020 due to the COVID-19 pandemic. The COVID-19 pandemic increased the churn rate and shuddered almost every business vertical. The lockdown impacts global manufacturing, and supply chain and logistics as the continuity of operations for various verticals get badly impacted. The verticals facing the greatest drawbacks include manufacturing, transportation and logistics, and retail and consumer goods. The availability of essential items is impacted due to the lack of manpower to work on production lines, supply chains, and transportation, although the essential items are exempted from the lockdown. The condition is expected to come under control by early 2021, while the demand for NLP solutions and services is expected to increase due to the rise in demand for enhancing customer experiences and building personalized relationships with prospects. Several verticals are already planning to deploy a diverse array of NLP solutions and services for enabling digital transformation initiatives, which address mission-critical processes, improve operations, and differentiate customer viewing experiences. The reduction in operational costs, better customer experiences, improved customer churn rate, enhanced visibility into processes and operations, and improved real-time decision-making are key business and operational priorities expected to drive the adoption of NLP.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

With the advancement in the internet of things (IoT) and communication technologies, it has become possible to set up communication between various devices. Such concept has grown to facilitate a smart home environment and connected vehicles. Technological advancement and digital transformation have changed the way industries perform their operations and communicate with their customers. NLP proves extremely beneficial in facilitating interactions between users and systems or machines. The smart device includes a mobile phone, an industrial device installed in a plant, or a device operating home/building environment. The rise in demand for voice-based solutions interfaces with NLP-based applications offers users enhanced functionalities, such as the verbal command capability with instant query management. The smart home consists of numerous smart devices, such as thermostats, lights, security and monitoring devices, and climate control devices. Consumers prefer voice mode to give commands to such smart devices.

Code-switching or Code-Mixed (CM) language is the alternation of languages within a conversation or utterance and is a common communicative phenomenon that occurs in multilingual communities across the world. Traditionally, CM language is associated with informal or casual speech. There is evidence that in several societies, such as urban India and Mexico, CM language has become the default code of communication. It has also pervaded written text, especially in computer-mediated communication and social media. NLP tasks, such as normalization, language identification, language modelling, part-of-speech tagging, and dependency parsing, machine translation, and Automatic Speech Recognition (ASR), face issues while working on non-canonical multilingual data, in which two or more languages are mixed. The characteristics of mixed data affect tasks in different ways, sometimes by changing the definition (for example, in language identification, the shift from document-level to word-level), and sometimes by creating new lexical and syntactic structures (for example, mixed words that consist of morphemes from two different languages).

Key Benefits of Report:

  • This study presents the analytical depiction of the industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the cloud natural language processing market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the cloud natural language processing market growth scenario.
  • The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in Cloud Natural Language Processing (NLP) Market Report:

  • Which are the leading market players active in the cloud natural language processing market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the cloud natural language processing market in the next few years?
  • What are the driving factors, restraints, and opportunities in the cloud natural language processing market?
  • What are the projections for the future that would help in taking further strategic steps?

Key Market Segments

Segments Sub-segments
Type
  • Hardware, Software, and Services
Processing Type
  • Text, Image, and Speech/Voice
Industry Vertical
  • BFSI, Healthcare, Retail, Telecom & IT, Education, Manufacturing, Media & Entertainment, and Others
Region
  • North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Cloud Natural Language Processing (nlp) Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers