Dublin, June 13, 2018 (GLOBE NEWSWIRE) -- The "Global Natural Language Processing Market: Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering. T he Global Natural Language Processing market is expected to grow at a CAGR of 18.78% during the forecast period 2017-2023 The market is driven by factors such as the availability of a high volume of unstructured data, enhanced utility of smart devices, increased use of NLP in call centers, increased demand for better customer experience and expansive application areas. The future potential of the market is promising owing to opportunities such as developments in big data technologies, democratization of data, smart search and the emergence of human-like virtual assistants. The market growth is curbed by restraining factors such as difficulties in bridging gaps between humans and machines, training of researchers and loss of context and meaning. Technological mainstays namely Google, IBM, Microsoft and others are making significant investment in the field of natural language processing. NLP and text analytics have a major role to play in social media sentiment analysis, business intelligence, data governance, cognitive computing and business intelligence. Text analytics is a subset of NLP and is one amongst the tw--analytics options that NLP offers, alongside speech analytics. NLP helps in establishing relationships in documents, carrying out search, understanding the demarcations of sentences and phrases and determining names and places through semantic technologies. In the context of text analytics, NLP helps in identifying aspects of regulatory compliance, categorization, sentiment analysis and text clustering. NLP solutions are either statistics based, rule based or a hybrid. Key Topics Covered: 1. Industry Outlook 1.1 Industry Overview 1.2 Industry Trends 1.3 Pest Analysis 2 Report Outline 2.1 Report Scope 2.2 Report Summary 2.3 Research Methodology 2.4 Report Assumptions 3 Market Snapshot 3.1 Total Addressable Market 3.2 Segmented Addressable Market 3.3 Related Markets 3.3.1 Machine Learning Market 3.3.2 Artificial Intelligence Market 4 Market Outlook 4.1 Overview 4.2 Regulatory Bodies And Standards 4.3 Porter 5 (Five) Forces 5 Market Characteristics 5.1 Use Cases Of Natural Language Processing 5.2 Market Segmentation 5.3 Market Dynamics 5.3.1 Drivers 5.3.1.1 High Volume Of Unstructured Data 5.3.1.2 Enhanced Utility Of Smart Devices 5.3.1.3 Increased Use Of Nlp In Customer Call Centres 5.3.1.4 Increased Demand For Better Customer Experience 5.3.1.5 Expanding Application Areas 5.3.2 Restraints 5.3.2.1 Bridging The Gap Between Humans And Machines 5.3.2.2 Training Of Researchers 5.3.2.3 Loss Of Context And Meaning 5.3.3 Opportunities 5.3.3.1 Development In Big Data Technologies 5.3.3.2 Nlp Will Democratize Data 5.3.3.3 Smart Search 5.3.3.4 Emergence Of Human Like Virtual Assistants 5.4 DRO - Impact Analysis 6 Trends, Roadmap, And Projects 6.1 Market Trends & Impact 6.2 Technology Roadmap 7 Geographic Segmentation: Market Size And Analysis 8. Natural Language Processing Market By Offerings 8.1 Software Offerings 8.2 Hardware 8.3 Services 9. Natural Language Processing Market By Deployment Mode 9.1 Public 9.2 Private 9.3 Hybrid 10. Global Natural Language Processing Market By Technologies 10.1 Pattern And Image Recognition 10.2 Interactive Voice Response (Ivr) 10.3 Optical Character Recognition (Ocr) 10.4 Text Analytics 10.5 Speech Analytics 10.6 Classification And Categorization 10.7 Auto Coding 10.8 Professional Services 10.9 Support And Maintenance Services 11. Natural Language Processing Market By Verticals 11.1 Healthcare And Lifesciences 11.2 Retail And Consumer Goods 11.3 High Tech And Electronics 11.4 Media And Entertainment 11.5 Bfsi 11.6 Manufacturing 11.7 Research And Education 12. Vendors Profiles
- Microsoft Corporation
- IBM Corporation
- Google Inc.
- Apple Inc.
13 Companies To Watch For
- Addstructure
- Angel.Ai
- Klevu Oy
- Twiggle
- Dialogflow (Formerly Known As Api.Ai)
- Mindmeld (Acquired By Cisco)
- Digitalgenius
- Inbenta
- Satisfi Labs Inc.
- Netbase
For more information about this report visit https://www.researchandmarkets.com/research/3...tural?w=12
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