Natural Language Processing Market Set for More Growth | IBM, Microsoft, Google, Amazon Web Services – Digital Journal

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According to AMA, the Global Natural Language Processing market is expected to see growth rate of 20.84%
The Latest research coverage on Natural Language Processing Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.
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Major & Emerging Players in Natural Language Processing Market:- IBM (United States), Microsoft (United States), Google (United States), Amazon Web Services, Inc. (United States) , Facebook (United States), Apple (United States), 3M (United States), Intel Corporation (United States), SAS Institute (United States),
The Natural Language Processing Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Natural Language Processing market.
Natural language processing (NLP) is a branch of AI, Which helps computers understand, interpret and manipulate human language. Natural language processing draws from many disciplines, including computational linguistics and computer science, in its pursuit to fill the gap between computer understanding and human communication.
On 16 May 2019, Punchh, the leader in digital marketing solutions for physical retailers, announced the launch of Punchh Deep Sentiment Analysis. The new product allows brands to extract valuable insights from customer reviews using Punchhs natural language comprehension engine built with industry-leading deep learning and artificial intelligence.
On 14 Jan 2019, Ingenico Group, the global leader in seamless payment, launched its innovative payment-enabled chatbot, which uses natural language processing (NLP) from IBM Watson to create a smooth customer experience. Watson capabilities allow Ingenicos chatbot to better understand users requests once they have been inputted, whatever they may be. It can better interpret nuances in language and phrasing, handling natural variations in the way individuals communicate.
On 7 Aug 2019, Luminoso announced a series of new capabilities in Luminoso Daylight, the companys natural language understanding application that offers the fastest way for businesses to analyze unstructured text data, such as product reviews, open-ended survey responses, and support tickets. With the introduction of advanced sentiment analysis and a new insights dashboard, Luminosos users will be able to conduct more robust analyses of unstructured customer data, faster than ever before.
On 27 Aug 2019, Indium Software, a niche technology solutions company, officially launched its flagship product an Ai based Text Analytics suite of solutions to offer impeccable data scraping, validation, classification, summarization, clustering, topic modelling and a lot more.
The titled segments and sub-section of the market are illuminated below: by Type (Rule-Based, Statistical, Hybrid), Application (Web Search, Machine Translation, Information Extraction, Automatic Summarization, Question Answering, Text Classification, Sentiment Analysis, Others (Spam Recognition and Language Identification)), Deployment Mode (Cloud-Based, On-Premises), Industry Verticals (Banking, Financial Services and Insurance (BFSI), Manufacturing, Healthcare and Life Sciences, Retail and eCommerce, Government and Defense, Media and Entertainment, Telecommunications and IT, Travel and Hospitality, Others (Research and Education, and Energy and Utilities)), Component (Solutions {Software Tools, Platform}, Services {Managed Services, Professional Services})
Market Drivers:
Growth in the Adoption of Cloud-Based Solutions
Increase in Smart Device Usage
Market Trends:
Replacement of Manual Translation with Machine Translation
Integrated Chatbot is the Major Trend Witnessing within the Industry
The Evolution of Natural Language Understanding
Use of Supervised and Unsupervised Learning Together With NLP
Increasing Investment in the Healthcare Industry
Adoption of Natural Language Processing-Based Applications to Improve Customer Service
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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Natural Language Processing Market
Chapter Four: Players Profiles
Chapter Five: Global Natural Language Processing Market Analysis by Regions
Chapter Six: North America Natural Language Processing Market Analysis by Countries
Chapter Seven: Europe Natural Language Processing Market Analysis by Countries
Chapter Eight: Asia-Pacific Natural Language Processing Market Analysis by Countries
Chapter Nine: Middle East and Africa Natural Language Processing Market Analysis by Countries
Chapter Ten: South America Natural Language Processing Market Analysis by Countries
Chapter Eleven: Global Natural Language Processing Market Segment by Types
Chapter Twelve: Global Natural Language Processing Market Segment by Applications
What are the market factors that are explained in the Natural Language Processing Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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