NLP in Education Market is predicted to reach USD 0.17 billion at a CAGR of 6.10% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global NLP in Education Market” that contains information from 2023 to 2032. The NLP in Education market is estimated to register a CAGR of 6.10% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global NLP in education market— IBM, Microsoft, Google, AWs, SAS Institute, Inbenta, Baidu, Welocalize, NICE, ABBYY, Automated Insights, Width.ai, Revolve.ai, Primer.ai, CarnegieLearning, Gecko, lvy.ai, Attivio, Conversica, Avaamo, Aylien, Haptik, Gupshup, Sensforth.ai, Chivox, and Cognii,


Market Highlights


The global NLP in education market is accounted to register a CAGR of 6.10% during the forecast period and is estimated to reach USD 0.17 Billion by 2032.


As natural language processing technologies are used to improve educational procedures and student outcomes, the market for NLP in education is expanding. Applications of NLP in education include platforms for language acquisition, intelligent tutoring systems, and automated grading systems. The market is being propelled by the rising popularity of online and remote learning, personalised learning strategies, and the demand for effective analysis of massive amounts of educational data.


Segment Analysis


The global NLP in education market has been segmented based type and application.


On the basis of type, the market is segmented into cloud based and on-premises. In 2022, the cloud-based segment had the biggest revenue share. Statistical NLP can improve accuracy in natural language tasks including sentiment analysis, named entity identification, and language translation through cloud-based kind.


Based on application, the global NLP in education market has been segmented into business and personal. In 2022, the business segment led the global market for NLP in education. NLP solutions may help corporate training programmes become more profitable, effective, and scalable while also improving learner satisfaction. NLP solutions can help in customising the teaching process by looking into the learner's language, speech patterns, and behaviours.


Regional Analysis


The global NLP in education market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe NLP in Education market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The NLP in Education market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World NLP in Education market comprises of Middle East, Africa, and Latin America.


The largest market share for NLP in education was maintained by the North American regional sector. Since it dominates AI and machine learning technologies, the region is a significant market for natural language processing technology. Additionally, the United States is home to a number of significant market participants, which encourages innovation in the sector and supports the growth of the natural language processing industry.


Moreover, in 2022, the Europe NLP in education market held a sizable market share. As regional governments encourage the use of AI, ML, and NLP technology more and more, market participants are able to expand their presence in the region.


Additionally, more individuals utilizing smartphones, rapid technological advancement, the digitalization of economies, and regional governments' initiatives all contribute to the increase. Additionally, this region holds leadership positions in cutting-edge industries like robotics and has a strong IT infrastructure, software, and service offerings. These components would increase the market's potential for lucrative expansion.


Furthermore, the rest of the world's NLP in education market is divided into the Middle East, Africa, and Latin America. NLP applications such as automated grading systems, language learning platforms, and personalized education tools are gaining traction in the region. With a focus on improving education quality and access, LATAM governments and educational organizations are investing in NLP solutions. The LATAM market offers opportunities for NLP providers to collaborate with educational institutions and drive innovation in the sector.


Key Findings of the Study



  • The global NLP in education market is expected to reach USD 0.17 Billion by 2032, at a CAGR of 6.10% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the increase in smartphone usage, swift technological advancement, economic digitization, and regional government initiatives are all contributing factors to this expansion.

  • Based on type, the cloud based segment was attributed to holding the largest market in 2022.

  • IBM, Microsoft, Google, AWs, SAS Institute, Inbenta, Baidu, Welocalize, NICE, ABBYY, Automated Insights, Width.ai, Revolve.ai, Primer.ai, CarnegieLearning, Gecko, lvy.ai, Attivio, Conversica, Avaamo, Aylien, Haptik, Gupshup, Sensforth.ai, Chivox, and Cognii,

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Companies Covered 15
Pages 128
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