The North America Natural Language Generation Market would witness market growth of 20.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Natural Language Generation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $706.3 million by 2031. The Canada market is experiencing a CAGR of 23% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 22.1% during (2024 - 2031).
This technology finds applications across various industries, demonstrating its versatility and capability to address diverse needs. For instance, NLG automates the generation of complex financial reports, transforming raw data from spreadsheets into comprehensive summaries highlighting trends, variances, and forecasts, making it easier for stakeholders to grasp financial health quickly. NLG can streamline the creation of legal documents, such as contracts and briefs, by automatically populating templates with relevant data and legal jargon, reducing the time lawyers spend drafting and increasing accuracy.
Similarly, NLG systems generate tailored marketing messages based on individual customer data, including purchase history and browsing behavior, enabling companies to deliver personalized recommendations and promotional content at scale. NLG tools can create engaging posts and responses for social media platforms, helping brands maintain an active presence by automating content generation and ensuring timely interactions with followers.
The rapid expansion of the e-commerce sector in Mexico is significantly influencing this market as businesses increasingly seek to enhance customer engagement and optimize their operations. According to the International Trade Administration (ITA), the domestic e-commerce industry was valued at USD 26.2 billion in 2022, marking a substantial 23 percent increase from the previous year. The increasing investment in the healthcare sector in Canada is significantly impacting this market, presenting numerous opportunities for innovation and efficiency within the industry. According to the Government of Canada, a substantial investment of $196.1 billion over ten years has been allocated, including $46.2 billion in new funding to enhance healthcare services across provinces and territories. This financial commitment underscores a national priority to improve health outcomes, streamline processes, and ultimately enhance the patient experience. Thus, the expansion of Mexico’s e-commerce industry and significant investment in Canada’s healthcare sector present significant opportunities for the natural language generation market.
Free Valuable Insights: The Natural Language Generation Market is Predict to reach USD 2.7 Billion by 2031, at a CAGR of 21.2%
Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise (SME). Based on Application, the market is segmented into Risk & Compliance Management, Customer Experience Management, Fraud Detection & Anti-Money Laundering (AML), Predictive Maintenance, Performance Management, and Other Application. Based on Solutions, the market is segmented into Software and Service. Based on Deployment, the market is segmented into Cloud and On-premises. Based on Vertical, the market is segmented into Banking, Financial Services & Insurance, Manufacturing, Retail & Ecommerce, Government & Defense, Telecom & IT, Healthcare & Lifesciences, Energy & Utilities, Media & Entertainment, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- SAS Institute Inc.
- Salesforce, Inc.
- Arria NLG Limited
- vPhrase
- Retresco GmbH
- Yseop
North America Natural Language Generation Market Report Segmentation
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise (SME)
By Application
- Risk & Compliance Management
- Customer Experience Management
- Fraud Detection & Anti-Money Laundering (AML)
- Predictive Maintenance
- Performance Management
- Other Application
By Solutions
By Deployment
By Vertical
- Banking, Financial Services & Insurance
- Manufacturing
- Retail & Ecommerce
- Government & Defense
- Telecom & IT
- Healthcare & Lifesciences
- Energy & Utilities
- Media & Entertainment
- Other Vertical
By Country
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Natural Language Generation Market, 2020 - 2023, USD Million
TABLE 2 North America Natural Language Generation Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Natural Language Generation Market
TABLE 4 Product Launches And Product Expansions– Natural Language Generation Market
TABLE 5 Acquisition and Mergers– Natural Language Generation Market
TABLE 6 North America Natural Language Generation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 7 North America Natural Language Generation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 8 North America Large Enterprise Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Large Enterprise Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Small & Medium Enterprise (SME) Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Small & Medium Enterprise (SME) Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Natural Language Generation Market by Application, 2020 - 2023, USD Million
TABLE 13 North America Natural Language Generation Market by Application, 2024 - 2031, USD Million
TABLE 14 North America Risk & Compliance Management Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Risk & Compliance Management Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Customer Experience Management Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Customer Experience Management Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Fraud Detection & Anti-Money Laundering (AML) Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Fraud Detection & Anti-Money Laundering (AML) Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Predictive Maintenance Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Predictive Maintenance Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Performance Management Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Performance Management Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Natural Language Generation Market by Solutions, 2020 - 2023, USD Million
TABLE 27 North America Natural Language Generation Market by Solutions, 2024 - 2031, USD Million
TABLE 28 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Service Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Service Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Natural Language Generation Market by Deployment, 2020 - 2023, USD Million
TABLE 33 North America Natural Language Generation Market by Deployment, 2024 - 2031, USD Million
TABLE 34 North America Cloud Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Cloud Market by Country, 2024 - 2031, USD Million
TABLE 36 North America On-premises Market by Country, 2020 - 2023, USD Million
TABLE 37 North America On-premises Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Natural Language Generation Market by Vertical, 2020 - 2023, USD Million
TABLE 39 North America Natural Language Generation Market by Vertical, 2024 - 2031, USD Million
TABLE 40 North America Banking, Financial Services & Insurance Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Banking, Financial Services & Insurance Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Retail & Ecommerce Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Retail & Ecommerce Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Government & Defense Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Government & Defense Market by Country, 2024 - 2031, USD Million
TABLE 48 North America Telecom & IT Market by Country, 2020 - 2023, USD Million
TABLE 49 North America Telecom & IT Market by Country, 2024 - 2031, USD Million
TABLE 50 North America Healthcare & Lifesciences Market by Country, 2020 - 2023, USD Million
TABLE 51 North America Healthcare & Lifesciences Market by Country, 2024 - 2031, USD Million
TABLE 52 North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 53 North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 54 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 55 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 56 North America Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 57 North America Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 58 North America Natural Language Generation Market by Country, 2020 - 2023, USD Million
TABLE 59 North America Natural Language Generation Market by Country, 2024 - 2031, USD Million
TABLE 60 US Natural Language Generation Market, 2020 - 2023, USD Million
TABLE 61 US Natural Language Generation Market, 2024 - 2031, USD Million
TABLE 62 US Natural Language Generation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 63 US Natural Language Generation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 64 US Natural Language Generation Market by Application, 2020 - 2023, USD Million
TABLE 65 US Natural Language Generation Market by Application, 2024 - 2031, USD Million
TABLE 66 US Natural Language Generation Market by Solutions, 2020 - 2023, USD Million
TABLE 67 US Natural Language Generation Market by Solutions, 2024 - 2031, USD Million
TABLE 68 US Natural Language Generation Market by Deployment, 2020 - 2023, USD Million
TABLE 69 US Natural Language Generation Market by Deployment, 2024 - 2031, USD Million
TABLE 70 US Natural Language Generation Market by Vertical, 2020 - 2023, USD Million
TABLE 71 US Natural Language Generation Market by Vertical, 2024 - 2031, USD Million
TABLE 72 Canada Natural Language Generation Market, 2020 - 2023, USD Million
TABLE 73 Canada Natural Language Generation Market, 2024 - 2031, USD Million
TABLE 74 Canada Natural Language Generation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 75 Canada Natural Language Generation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 76 Canada Natural Language Generation Market by Application, 2020 - 2023, USD Million
TABLE 77 Canada Natural Language Generation Market by Application, 2024 - 2031, USD Million
TABLE 78 Canada Natural Language Generation Market by Solutions, 2020 - 2023, USD Million
TABLE 79 Canada Natural Language Generation Market by Solutions, 2024 - 2031, USD Million
TABLE 80 Canada Natural Language Generation Market by Deployment, 2020 - 2023, USD Million
TABLE 81 Canada Natural Language Generation Market by Deployment, 2024 - 2031, USD Million
TABLE 82 Canada Natural Language Generation Market by Vertical, 2020 - 2023, USD Million
TABLE 83 Canada Natural Language Generation Market by Vertical, 2024 - 2031, USD Million
TABLE 84 Mexico Natural Language Generation Market, 2020 - 2023, USD Million
TABLE 85 Mexico Natural Language Generation Market, 2024 - 2031, USD Million
TABLE 86 Mexico Natural Language Generation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 87 Mexico Natural Language Generation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 88 Mexico Natural Language Generation Market by Application, 2020 - 2023, USD Million
TABLE 89 Mexico Natural Language Generation Market by Application, 2024 - 2031, USD Million
TABLE 90 Mexico Natural Language Generation Market by Solutions, 2020 - 2023, USD Million
TABLE 91 Mexico Natural Language Generation Market by Solutions, 2024 - 2031, USD Million
TABLE 92 Mexico Natural Language Generation Market by Deployment, 2020 - 2023, USD Million
TABLE 93 Mexico Natural Language Generation Market by Deployment, 2024 - 2031, USD Million
TABLE 94 Mexico Natural Language Generation Market by Vertical, 2020 - 2023, USD Million
TABLE 95 Mexico Natural Language Generation Market by Vertical, 2024 - 2031, USD Million
TABLE 96 Rest of North America Natural Language Generation Market, 2020 - 2023, USD Million
TABLE 97 Rest of North America Natural Language Generation Market, 2024 - 2031, USD Million
TABLE 98 Rest of North America Natural Language Generation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 99 Rest of North America Natural Language Generation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 100 Rest of North America Natural Language Generation Market by Application, 2020 - 2023, USD Million
TABLE 101 Rest of North America Natural Language Generation Market by Application, 2024 - 2031, USD Million
TABLE 102 Rest of North America Natural Language Generation Market by Solutions, 2020 - 2023, USD Million
TABLE 103 Rest of North America Natural Language Generation Market by Solutions, 2024 - 2031, USD Million
TABLE 104 Rest of North America Natural Language Generation Market by Deployment, 2020 - 2023, USD Million
TABLE 105 Rest of North America Natural Language Generation Market by Deployment, 2024 - 2031, USD Million
TABLE 106 Rest of North America Natural Language Generation Market by Vertical, 2020 - 2023, USD Million
TABLE 107 Rest of North America Natural Language Generation Market by Vertical, 2024 - 2031, USD Million
TABLE 108 Key Information – IBM Corporation
TABLE 109 Key Information – Microsoft Corporation
TABLE 110 Key Information – Google LLC
TABLE 111 Key Information – Amazon Web Services, Inc.
TABLE 112 Key Information – SAS Institute, Inc.
TABLE 113 Key Information – Salesforce, Inc.
TABLE 114 Key Information – Arria NLG Limited
TABLE 115 Key Information – vPhrase
TABLE 116 Key Information – Retresco GmbH
TABLE 117 Key Information – Yseop
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Natural Language Generation Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Natural Language Generation Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2023, mar – 2024, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – Natural Language Generation Market
FIG 9 North America Natural Language Generation Market share by Enterprise Size, 2023
FIG 10 North America Natural Language Generation Market share by Enterprise Size, 2031
FIG 11 North America Natural Language Generation Market by Enterprise Size, 2020 - 2031, USD Million
FIG 12 North America Natural Language Generation Market share by Application, 2023
FIG 13 North America Natural Language Generation Market share by Application, 2031
FIG 14 North America Natural Language Generation Market by Application, 2020 - 2031, USD Million
FIG 15 North America Natural Language Generation Market share by Solutions, 2023
FIG 16 North America Natural Language Generation Market share by Solutions, 2031
FIG 17 North America Natural Language Generation Market by Solutions, 2020 - 2031, USD Million
FIG 18 North America Natural Language Generation Market share by Deployment, 2023
FIG 19 North America Natural Language Generation Market share by Deployment, 2031
FIG 20 North America Natural Language Generation Market by Deployment, 2020 - 2031, USD Million
FIG 21 North America Natural Language Generation Market share by Vertical, 2023
FIG 22 North America Natural Language Generation Market share by Vertical, 2031
FIG 23 North America Natural Language Generation Market by Vertical, 2020 - 2031, USD Million
FIG 24 North America Natural Language Generation Market share by Country, 2023
FIG 25 North America Natural Language Generation Market share by Country, 2031
FIG 26 North America Natural Language Generation Market by Country, 2020 - 2031, USD Million
FIG 27 SWOT Analysis: IBM Corporation
FIG 28 SWOT Analysis: Microsoft Corporation
FIG 29 SWOT Analysis: Google LLC
FIG 30 Recent strategies and developments: Amazon Web Services, Inc.
FIG 31 SWOT Analysis: Amazon Web Services, Inc.
FIG 32 SWOT Analysis: SAS INSTITUTE, INC.
FIG 33 Recent strategies and developments: Salesforce, Inc.
FIG 34 SWOT Analysis: Salesforce, Inc.
FIG 35 Recent strategies and developments: Arria NLG Limited
FIG 36 SWOT analysis: Arria NLG Limited
FIG 37 SWOT analysis: vPhrase
FIG 38 SWOT analysis: Retresco GmbH
FIG 39 SWOT analysis: Yseop