Natural Language Processing (NLP) Market Research Report- Global Forecast to 2030

Natural Language Processing Market research report: by Technology (auto-coding, text analytics, pattern & image recognition, and speech analytics), by type (rule-based, statistical and hybrid), by Service (integration, consulting and maintenance), by deployment (on-premise, on-demand), by Vertical (healthcare, Retail Sector, Media & Entertainment) - Forecast till 2030

ID: MRFR/ICT/0780-HCR | February 2021 | Region: Global | 100 pages

Impact of COVID-19 on the Global Natural Language Processing (NLP) Market


The adoption of artificial intelligence and other technologies has proven to be useful in curbing the spread of COVID-19. For instance, natural language processing (NLP) enabled chats were used to identify and predict the outbreak at its initial stages and prevent its further spread to non-contaminated areas. Technology giants, including IBM Corporation, are innovating, and developing solutions to ease the burden of healthcare systems as well as government institutions by automating the handling of phone calls related to the coronavirus infections. IBM has combined its Watson Assistant and NLP technology to handle phone calls made by citizens for gaining information on the spread of COVID-19 in their corresponding areas. Furthermore, it is being claimed that the first public alert outside of China was made in Boston (US) through HealthMap on December 30th of 2019. This alert was regarding the unidentified pneumonia cases in Wuhan, China.


On the other hand, scientists, and technological experts, in coordination with the frontline medical staff, are working towards the common goal of disease detection, examination, control, and drug discovery. For these purposes, the alliance is increasingly adopting natural language processing, analytics-based drug & vaccine discovery, geo-sensing, and data science technologies.
data science technologies


NLP works on the simple principle of understanding a statement and processing it, followed by fetching and providing the results as per the user’s query. NLP is the analysis of natural language as used by humans, which is one of the potentials of AI used in business to search and discover specific information stored under the organizations’ large database. AI being a broad term with numerous use cases, the NLP is used for the detection as well as restriction of spreading fake news. For instance, Singapore is the first country throughout the globe that has implemented NLP and enforced a law to take stringent legal action against the people spreading fake news within the country. Also, government agencies are implementing tools to analyze social media content and gain insights into COVID-19 topics and make informed decisions to mitigate the risk of spreading the infection to non-contaminated zones.


The demand for natural language processing is growing with its rising awareness among the industry verticals and the benefits offered, including reliability, scalability, real-time operation, minimal or no human intervention, and operationality among wide application areas. The above factors contribute to the growth of this market. However, the market growth has been hampered by the global pandemic and the lockdowns, where the demand for NLP solutions remains limited to emergency services. The market is expected to recover by the 2nd quarter of 2021, provided the global lockdown is lifted, and the number of coronavirus cases has reduced.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Natural Language Processing Market

5 Industry Overview of Global Natural Language Processing Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Natural Language Processing Market by Technology

7.1 Introduction

7.2 Auto Coding

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Text Analytics

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Optical Character Recognition

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Interactive Voice Response

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Pattern and Image Recognition

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

7.7 Speech Analytics

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast by Region, 2020-2027


8. Global Natural Language Processing Market by Type

8.1 Introduction

8.2 Rule based natural language processing

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Statistical natural language processing

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Hybrid natural language processing

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Natural Language Processing Market by Service

9.1 Introduction

9.2 Integration Service

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Consulting Service

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Maintenance Service

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Natural Language Processing Market by Deployment

10.1 Introduction

10.2 On-Premise

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 On-Demand

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

11. Global Natural Language Processing Market by Vertical

11.1 Introduction

11.2 Healthcare

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Region, 2020-2027

11.3 Public Sector

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Region, 2020-2027

11.34 Retail

11.. 43.1 Market Estimates & Forecast, 2020-2027

11.34.2 Market Estimates & Forecast by Region, 2020-2027

11.. 54 Media & Entertainment

11.. 54.1 Market Estimates & Forecast, 2020-2027

11.45.2 Market Estimates & Forecast by Region, 2020-2027

11.56 Manufacturing

11.56.1 Market Estimates & Forecast, 2020-2027

11.56.2 Market Estimates & Forecast by Region, 2020-2027

11.67 Others

11.67.1 Market Estimates & Forecast, 2020-2027

11.67.2 Market Estimates & Forecast by Region, 2020-2027

12. Global Natural Language Processing Market by Region

12.1 Introduction

12.2 North America

12.2.1 Market Estimates & Forecast, 2020-2027

12.2.2 Market Estimates & Forecast by Technology, 2020-2027

12.2.3 Market Estimates & Forecast by Type, 2020-2027

12.2.4 Market Estimates & Forecast by Service, 2020-2027

12.2.5 U.S.

12.2.5.1 Market Estimates & Forecast, 2020-2027

12.2.5.2 Market Estimates & Forecast by Technology, 2020-2027

12.2.5.3 Market Estimates & Forecast by Type, 2020-2027

12.2.4 Market Estimates & Forecast by Service, 2020-2027

12.2.6 Mexico

12.2.6.1 Market Estimates & Forecast, 2020-2027

12.2.6.2 Market Estimates & Forecast by Technology, 2020-2027

12.2.6.3 Market Estimates & Forecast by Type, 2020-2027

12.2.6.4 Market Estimates & Forecast by Service, 2020-2027

12.2.7 Canada

12.2.7.1 Market Estimates & Forecast, 2020-2027

12.2.7.2 Market Estimates & Forecast by Technology, 2020-2027

12.2.7.3 Market Estimates & Forecast by Type, 2020-2027

12.2.7.4 Market Estimates & Forecast by Service, 2020-2027

12.3 Europe

12.3.1 Market Estimates & Forecast, 2020-2027

12.3.2 Market Estimates & Forecast by Technology, 2020-2027

12.3.3 Market Estimates & Forecast by Type, 2020-2027

12.3.4 Market Estimates & Forecast by Service, 2020-2027

12.3.5 Germany

12.3.5.1 Market Estimates & Forecast, 2020-2027

12.3.5.2 Market Estimates & Forecast by Technology, 2020-2027

12.3.5.3 Market Estimates & Forecast by Type, 2020-2027

12.3.5.4 Market Estimates & Forecast by Service, 2020-2027

12.3.6. France

12.3.6.1 Market Estimates & Forecast, 2020-2027

12.3.6.2 Market Estimates & Forecast by Technology, 2020-2027

12.3.6.3 Market Estimates & Forecast by Type, 2020-2027

12.3.6.4 Market Estimates & Forecast by Service, 2020-2027

12.3.7 Italy

12.3.7.1 Market Estimates & Forecast, 2020-2027

12.3.7.2 Market Estimates & Forecast by Technology, 2020-2027

12.3.7.3 Market Estimates & Forecast by Type, 2020-2027

12.3.7.4 Market Estimates & Forecast by Service, 2020-2027

12.3.8 Spain

12.3.8.1 Market Estimates & Forecast, 2020-2027

12.3.8.2 Market Estimates & Forecast by Technology, 2020-2027

12.3.8.3 Market Estimates & Forecast by Type 2020-2027

12.3.8.4 Market Estimates & Forecast by Service, 2020-2027

12.3.9 UK

12.3.9.1 Market Estimates & Forecast, 2020-2027

12.3.9.2 Market Estimates & Forecast by Technology, 2020-2027

12.3.9.3 Market Estimates & Forecast by Type, 2020-2027

12.3.9.4 Market Estimates & Forecast by Service, 2020-2027

12.4 Asia Pacific

12.4.1 Market Estimates & Forecast, 2020-2027

12.4.2 Market Estimates & Forecast by Technology, 2020-2027

12.4.3 Market Estimates & Forecast by Type, 2020-2027

12.2.4 Market Estimates & Forecast by Service, 2020-2027

12.4.5 China

12.4.5.1 Market Estimates & Forecast, 2020-2027

12.4.5.2 Market Estimates & Forecast by Technology, 2020-2027

12.4.5.3 Market Estimates & Forecast by Type, 2020-2027

12.2.4 Market Estimates & Forecast by Service, 2020-2027

12.4.6 India

12.4.6.1 Market Estimates & Forecast, 2020-2027

12.4.6.2 Market Estimates & Forecast by Technology, 2020-2027

12.4.6.3 Market Estimates & Forecast by Type, 2020-2027

12.2.4 Market Estimates & Forecast by Service, 2020-2027

12.4.7 Japan

12.4.7.1 Market Estimates & Forecast, 2020-2027

12.4.7.2 Market Estimates & Forecast by Technology, 2020-2027

12.4.5.3 Market Estimates & Forecast by Type, 2020-2027

12.2.4 Market Estimates & Forecast by Service, 2020-2027

12.4.8Rest of Asia-Pacific

12.4.8.1 Market Estimates & Forecast, 2020-2027

12.4.8.2 Market Estimates & Forecast by Technology, 2020-2027

12.4.8.3 Market Estimates & Forecast by Type, 2020-2027

12.2.8.4 Market Estimates & Forecast by Service, 2020-2027

12.5 Rest of the world

12.5.1 Market Estimates & Forecast, 2020-2027

12.5.2 Market Estimates & Forecast by Technology, 2020-2027

12.5.3 Market Estimates & Forecast by Type, 2020-2027

12.5.4 Market Estimates & Forecast by Service, 2020-2027

12.5.5 Middle East & Africa

12.5.5.1 Market Estimates & Forecast, 2020-2027

12.5.5.2 Market Estimates & Forecast by Technology, 2020-2027

12.5.5.3 Market Estimates & Forecast by Type, 2020-2027

12.5.5.4 Market Estimates & Forecast by Service, 2020-2027

12.5.6 Latin Countries

12.5.6.1 Market Estimates & Forecast, 2020-2027

12.5.6.2 Market Estimates & Forecast by Technology, 2020-2027

12.5.6.3 Market Estimates & Forecast by Type, 2020-2027

12.5.6.4 Market Estimates & Forecast by Service, 2020-2027

13. Company Landscape

14. Company Profiles

14.1 IBM Corporation (U.S.)

14.1.1 Company Overview

14.1.2 Product/Business Segment Overview

14.1.3 Financial Updates

14.1.4 Key Developments

14.2 3M Co. (U.S.)

14.2.1 Company Overview

14.2.2 Product/Business Segment Overview

14.2.3 Financial Updates

14.2.4 Key Developments

14.3 Hewlett-Packard Co. (U.S.)

14.3.1 Company Overview

14.3.2 Product/Business Segment Overview

14.3.3 Financial Updates

14.3.4 Key Developments

14.4 Apple Inc. (U.S.)

14.4.1 Company Overview

14.4.2 Product/Business Segment Overview

14.4.3 Financial Updates

14.4.4 Key Developments

14.5 Oracle Corporation (U.S.)

14.5.1 Company Overview

14.5.2 Product/Business Segment Overview

14.5.3 Financial Updates

14.5.4 Key Developments

14.6 Microsoft Corporation (U.S.)

14.6.1 Company Overview

14.6.2 Product/Business Segment Overview

14.6.3 Financial Updates

14.6.4 Key Developments

14.7 Dolbey Systems Inc. (U.S.)

14.7.1 Company Overview

14.7.2 Product/Business Segment Overview

14.7.3 Financial Updates

14.7.4 Key Developments

14.8 SAS Institute Inc. (U.S.)

14.8.1 Company Overview

14.8.2 Product/Business Segment Overview

14.8.3 Financial Updates

14.8.4 Key Developments

14.9 Netbase Solutions Inc. (U.S.)

14.9.1 Company Overview

14.9.2 Product/Business Segment Overview

14.9.3 Financial Updates

14.9.4 Key Developments

15 Conclusion


LIST OF TABLES

Table 1World Population by Major Regions (2020 To 2030)

Table 2 Global VR Software Market: By Region, 2020-2027

Table 3 North America VR Software Market: By Country, 2020-2027

Table 4 Europe VR Software Market: By Country, 2020-2027

Table 5 Asia-Pacific VR Software Market: By Country, 2020-2027

Table 6 Middle East & Africa VR Software Market: By Country, 2020-2027

Table 7 Latin America VR Software Market: By Country, 2020-2027

Table 8 Global VR Software by Technology Market: By Regions, 2020-2027

Table 9 North America VR Software by Technology Market: By Country, 2020-2027

Table10 Europe VR Software by Technology Market: By Country, 2020-2027

Table11 Asia-Pacific VR Software by Technology Market: By Country, 2020-2027

Table12 Middle East & Africa VR Software by Technology Market: By Country, 2020-2027

Table13 Latin America VR Software by Technology Market: By Country, 2020-2027

Table14 Global VR Software by Service Market: By Regions, 2020-2027

Table15 North America VR Software by Service Market: By Country, 2020-2027

Table16 Europe VR Software by Service Market: By Country, 2020-2027

Table17 Asia-Pacific VR Software by Service Market: By Country, 2020-2027

Table18 Middle East & Africa VR Software by Service Market: By Country, 2020-2027

Table19 Latin America VR Software by Service Market: By Country, 2020-2027

Table20 North America VR Software for Form Market: By Country, 2020-2027

Table21 Europe VR Software for Form Market: By Country, 2020-2027

Table22 Asia-Pacific VR Software for Form Market: By Country, 2020-2027

Table23 Middle East & Africa VR Software for Form Market: By Country, 2020-2027

Table24 Latin America VR Software for Form Market: By Country, 2020-2027

Table25 Global Technology Market: By Region, 2020-2027

Table28 North America VR Software Market, By Country

Table29 North America VR Software Market, By Technology

Table30 North America VR Software Market, By Type

Table31 North America VR Software Market, By Service

Table32 North America VR Software Market, By Deployment

Table33 North America VR Software Market, By Vertical

Table34 Europe: VR Software Market, By Country

Table35 Europe: VR Software Market, By Technology

Table36 Europe: VR Software Market, By Type

Table 37 Europe: VR Software Market, By Service

Table37 Europe VR Software Market, By Deployment

Table38 Europe VR Software Market, By Vertical

Table39 Asia-Pacific: VR Software Market, By Country

Table40 Asia-Pacific: VR Software Market, By Technology

Table41 Asia-Pacific: VR Software Market, By Type

Table 42 Asia-Pacific: VR Software Market, By Service

Table43 Asia-Pacific VR Software Market, By Deployment

Table44 Asia-Pacific VR Software Market, By Vertical

Table45 Middle East & Africa: VR Software Market, By Country

Table46 Middle East & Africa VR Software Market, By Technology

Table47 Middle East & Africa VR Software Market, By Type

Table48 Middle East & Africa: VR Software Market, By Service

Table49 Middle East & Africa VR Software Market, By Deployment

Table50 Middle East & Africa VR Software Market, By Vertical

Table51 Latin America: VR Software Market, By Country

Table52 Latin America VR Software Market, By Technology

Table53 Latin America VR Software Market, By Type

Table54 Latin America: VR Software Market, By Service

Table55 Latin America VR Software Market, By Deployment

Table56 Latin America VR Software Market, By Vertical

LIST OF FIGURES

FIGURE 1 Global VR Software Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global VR Software Market

FIGURE 4 Value Chain of Global VR Software Market

FIGURE 5 Share of Global VR Software Market in 2020, by country (in %)

FIGURE 6 Global VR Software Market, 2020-2027,

FIGURE 7 Sub segments of Technology

FIGURE 10 Global VR Software Market size by Technology, 2020

FIGURE 11 Share of Global VR Software Market by Technology, 2020 TO 2027

FIGURE 12 Global VR Software Market size by Type, 2020

FIGURE 13 Share of Global VR Software Market by Type, 2020 TO 2027

FIGURE 14 Global VR Software Market size by Service, 2020 TO 2027

FIGURE 15 Share of Global VR Software Market by Service, 2020 TO 2027

FIGURE 16 Global VR Software Market size by Deployment, 2020 TO 2027

FIGURE 17 Share of Global VR Software Market by Deployment, 2020 TO 2027

FIGURE 18 Global VR Software Market size by Vertical, 2020 TO 2027

FIGURE 19 Share of Global VR Software Market by Vertical, 2020 TO 2027