The North America Natural Language Processing Market would witness market growth of 19.3% CAGR during the forecast period (2019-2025).
Natural processing language (NLP) is a computer program's ability to understand human language the way in which it is spoken. NLP is an artificial intelligence (AI) component. Developing NLP applications is challenging because computers traditionally require people to "speak" to them in an accurate, unambiguous, highly structured programming language, or with a limited number of clearly stated voice commands. However, human speech is not always accurate; it is often unclear and can rely on several complex variables, such as slang, regional dialects, and social context.
The increased rate of adoption among different devices, increased demand for M2M (machine-to-machine) translation, better insights into consumer experience, and streamlined business processes are factors driving the developments in natural language processing market. Therefore, the need for improved customer experience increases the demand for NLP-based solutions and services in the end-user industries such as e-commerce, retail, IT and many more. The inability to recognize the voice from different patterns, noises, and tones will, however, hamper the market growth of natural language processing (NLP). In addition, the high cost of deployment associated with NLP-based solutions and services and fluctuating patterns in consumer acceptance are attributed to restrict market growth.
Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Text Classification, Machine Translation, Question Answering, Sentiment Analysis, Information Extraction, Automatic Summarization and Others. Based on type, the market is segmented into Rule Based, Statistical and Hybrid. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Media & Entertainment, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Natural Language Processing Market in North America is expected to register a CAGR of 19.3% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Google, Inc., Amazon.com, Inc., Apple, Inc., Facebook, Inc., Intel Corporation, SAS Institute, Inc., Baidu, Inc., Health Fidelity, Inc., Conversica, Inc., and Inbenta Technologies, Inc.
Scope of the Natural Language Processing Market Analysis
Market Segmentation:
By Component
By Application
- Text Classification
- Machine Translation
- Question Answering
- Sentiment Analysis
- Information Extraction
- Automatic Summarization
- Others
By Type
- Rule Based
- Statistical
- Hybrid
By Deployment Type
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Government & Defense
- Media & Entertainment
- Manufacturing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- IBM Corporation
- Microsoft Corporation
- Google, Inc.
- Amazon.com, Inc.
- Apple, Inc.
- Facebook, Inc.
- Intel Corporation
- SAS Institute, Inc.
- Baidu, Inc.
- Health Fidelity, Inc.
- Conversica, Inc.
- Inbenta Technologies, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Natural Language Processing Market, by Component
1.4.2 North America Natural Language Processing Market, by Application
1.4.3 North America Natural Language Processing Market, by Type
1.4.4 North America Natural Language Processing Market, by Deployment Type
1.4.5 North America Natural Language Processing Market, by Industry Vertical
1.4.6 North America Natural Language Processing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Market Analysis
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Collaborations, Partnerships and Agreements : 2019-Nov – 2017-Apr) Leading Players
3.4 Market Share Analysis, 2018 : Global
Chapter 4. North America Natural Language Processing Market by Component
4.1 North America Natural Language Processing Solution Market by Country
4.2 North America Natural Language Processing Services Market by Country
Chapter 5. North America Natural Language Processing Market by Industry Vertical
5.1 North America BFSI Natural Language Processing Market by Country
5.2 North America IT & Telecom Natural Language Processing Market by Country
5.3 North America Healthcare Natural Language Processing Market by Country
5.4 North America Retail & e-commerce Natural Language Processing Market by Country
5.5 North America Government & Defense Natural Language Processing Market by Country
5.6 North America Media & Entertainment Natural Language Processing Market by Country
5.7 North America Manufacturing Natural Language Processing Market by Country
5.8 North America Other Industry Vertical Natural Language Processing Market by Country
Chapter 6. North America Natural Language Processing Market by Type
6.1 North America Natural Language Processing Rule Based Market by Country
6.2 North America Natural Language Processing Statistical Market by Country
6.3 North America Natural Language Processing Hybrid Market by Country
Chapter 7. North America Natural Language Processing Market by Deployment Type
7.1 North America On-premise Natural Language Processing Market by Country
7.2 North America Cloud Natural Language Processing Market by Country
Chapter 8. North America Natural Language Processing Market by Application
8.1 North America Text Classification Natural Language Processing Market by Country
8.2 North America Machine Translation Natural Language Processing Market by Country
8.3 North America Question Answering Natural Language Processing Market by Country
8.4 North America Sentiment Analysis Natural Language Processing Market by Country
8.5 North America Information Extraction Natural Language Processing Market by Country
8.6 North America Automatic Summarization Natural Language Processing Market by Country
8.7 North America Others Natural Language Processing Market by Country
Chapter 9. North America Natural Language Processing Market by Country
9.1 US Natural Language Processing Market
9.1.1 US Natural Language Processing Market by Component
9.1.2 US Natural Language Processing Market by Industry Vertical
9.1.3 US Natural Language Processing Market by Type
9.1.4 US Natural Language Processing Market by Deployment Type
9.1.5 US Natural Language Processing Market by Application
9.2 Canada Natural Language Processing Market
9.2.1 Canada Natural Language Processing Market by Component
9.2.2 Canada Natural Language Processing Market by Industry Vertical
9.2.3 Canada Natural Language Processing Market by Type
9.2.4 Canada Natural Language Processing Market by Deployment Type
9.2.5 Canada Natural Language Processing Market by Application
9.3 Mexico Natural Language Processing Market
9.3.1 Mexico Natural Language Processing Market by Component
9.3.2 Mexico Natural Language Processing Market by Industry Vertical
9.3.3 Mexico Natural Language Processing Market by Type
9.3.4 Mexico Natural Language Processing Market by Deployment Type
9.3.5 Mexico Natural Language Processing Market by Application
9.4 Rest of North America Natural Language Processing Market
9.4.1 Rest of North America Natural Language Processing Market by Component
9.4.2 Rest of North America Natural Language Processing Market by Industry Vertical
9.4.3 Rest of North America Natural Language Processing Market by Type
9.4.4 Rest of North America Natural Language Processing Market by Deployment Type
9.4.5 Rest of North America Natural Language Processing Market by Application
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Microsoft Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Google, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Amazon.com, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Product Launches and Product Expansions:
10.4.5 SWOT Analysis
10.5 Apple, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Product and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Facebook, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Acquisition and Mergers:
10.6.5.2 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Intel Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 SAS Institute, Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 Baidu, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Acquisition and Mergers:
10.9.5.3 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.1 Health Fidelity, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Product Launches and Product Expansions:
10.11 Conversica, Inc.
10.11.1 Company Overview
10.11.2 Recent strategies and developments:
10.11.2.1 Partnerships, Collaborations, and Agreements:
10.11.2.2 Acquisition and Mergers:
10.11.2.3 Product Launches and Product Expansions:
10.12 Inbenta technologies, Inc.
10.12.1 Company Overview
10.12.2 Recent strategies and developments:
10.12.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Natural Language Processing Market, 2015 - 2018, USD Million
TABLE 2 North America Natural Language Processing Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Natural Language Processing Market
TABLE 4 Product Launches And Product Expansions– Natural Language Processing Market
TABLE 5 Mergers & Acquisitions – Natural Language Processing Market
TABLE 6 North America Natural Language Processing Market by Component, 2015 - 2018, USD Million
TABLE 7 North America Natural Language Processing Market by Component, 2019 - 2025, USD Million
TABLE 8 North America Natural Language Processing Solution Market by Country, 2015 - 2018, USD Million
TABLE 9 North America Natural Language Processing Solution Market by Country, 2019 - 2025, USD Million
TABLE 10 North America Natural Language Processing Services Market by Country, 2015 - 2018, USD Million
TABLE 11 North America Natural Language Processing Services Market by Country, 2019 - 2025, USD Million
TABLE 12 North America Natural Language Processing Market by Industry Vertical, 2015 - 2018, USD Million
TABLE 13 North America Natural Language Processing Market by Industry Vertical, 2019 - 2025, USD Million
TABLE 14 North America BFSI Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 15 North America BFSI Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 16 North America IT & Telecom Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 17 North America IT & Telecom Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 18 North America Healthcare Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 19 North America Healthcare Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 20 North America Retail & e-commerce Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 21 North America Retail & e-commerce Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 22 North America Government & Defense Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 23 North America Government & Defense Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 24 North America Media & Entertainment Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 25 North America Media & Entertainment Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 26 North America Manufacturing Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 27 North America Manufacturing Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 28 North America Other Industry Vertical Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 29 North America Other Industry Vertical Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 30 North America Natural Language Processing Market by Type, 2015 - 2018, USD Million
TABLE 31 North America Natural Language Processing Market by Type, 2019 - 2025, USD Million
TABLE 32 North America Natural Language Processing Rule Based Market by Country, 2015 - 2018, USD Million
TABLE 33 North America Natural Language Processing Rule Based Market by Country, 2019 - 2025, USD Million
TABLE 34 North America Natural Language Processing Statistical Market by Country, 2015 - 2018, USD Million
TABLE 35 North America Natural Language Processing Statistical Market by Country, 2019 - 2025, USD Million
TABLE 36 North America Natural Language Processing Hybrid Market by Country, 2015 - 2018, USD Million
TABLE 37 North America Natural Language Processing Hybrid Market by Country, 2019 - 2025, USD Million
TABLE 38 North America Natural Language Processing Market by Deployment Type, 2015 - 2018, USD Million
TABLE 39 North America Natural Language Processing Market by Deployment Type, 2019 - 2025, USD Million
TABLE 40 North America On-premise Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 41 North America On-premise Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 42 North America Cloud Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 43 North America Cloud Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 44 North America Natural Language Processing Market by Application, 2015 - 2018, USD Million
TABLE 45 North America Natural Language Processing Market by Application, 2019 - 2025, USD Million
TABLE 46 North America Text Classification Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 47 North America Text Classification Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 48 North America Machine Translation Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 49 North America Machine Translation Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 50 North America Question Answering Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 51 North America Question Answering Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 52 North America Sentiment Analysis Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 53 North America Sentiment Analysis Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 54 North America Information Extraction Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 55 North America Information Extraction Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 56 North America Automatic Summarization Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 57 North America Automatic Summarization Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 58 North America Others Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 59 North America Others Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 60 North America Natural Language Processing Market by Country, 2015 - 2018, USD Million
TABLE 61 North America Natural Language Processing Market by Country, 2019 - 2025, USD Million
TABLE 62 US Natural Language Processing Market, 2015 - 2018, USD Million
TABLE 63 US Natural Language Processing Market, 2019 - 2025, USD Million
TABLE 64 US Natural Language Processing Market by Component, 2015 - 2018, USD Million
TABLE 65 US Natural Language Processing Market by Component, 2019 - 2025, USD Million
TABLE 66 US Natural Language Processing Market by Industry Vertical, 2015 - 2018, USD Million
TABLE 67 US Natural Language Processing Market by Industry Vertical, 2019 - 2025, USD Million
TABLE 68 US Natural Language Processing Market by Type, 2015 - 2018, USD Million
TABLE 69 US Natural Language Processing Market by Type, 2019 - 2025, USD Million
TABLE 70 US Natural Language Processing Market by Deployment Type, 2015 - 2018, USD Million
TABLE 71 US Natural Language Processing Market by Deployment Type, 2019 - 2025, USD Million
TABLE 72 US Natural Language Processing Market by Application, 2015 - 2018, USD Million
TABLE 73 US Natural Language Processing Market by Application, 2019 - 2025, USD Million
TABLE 74 Canada Natural Language Processing Market, 2015 - 2018, USD Million
TABLE 75 Canada Natural Language Processing Market, 2019 - 2025, USD Million
TABLE 76 Canada Natural Language Processing Market by Component, 2015 - 2018, USD Million
TABLE 77 Canada Natural Language Processing Market by Component, 2019 - 2025, USD Million
TABLE 78 Canada Natural Language Processing Market by Industry Vertical, 2015 - 2018, USD Million
TABLE 79 Canada Natural Language Processing Market by Industry Vertical, 2019 - 2025, USD Million
TABLE 80 Canada Natural Language Processing Market by Type, 2015 - 2018, USD Million
TABLE 81 Canada Natural Language Processing Market by Type, 2019 - 2025, USD Million
TABLE 82 Canada Natural Language Processing Market by Deployment Type, 2015 - 2018, USD Million
TABLE 83 Canada Natural Language Processing Market by Deployment Type, 2019 - 2025, USD Million
TABLE 84 Canada Natural Language Processing Market by Application, 2015 - 2018, USD Million
TABLE 85 Canada Natural Language Processing Market by Application, 2019 - 2025, USD Million
TABLE 86 Mexico Natural Language Processing Market, 2015 - 2018, USD Million
TABLE 87 Mexico Natural Language Processing Market, 2019 - 2025, USD Million
TABLE 88 Mexico Natural Language Processing Market by Component, 2015 - 2018, USD Million
TABLE 89 Mexico Natural Language Processing Market by Component, 2019 - 2025, USD Million
TABLE 90 Mexico Natural Language Processing Market by Industry Vertical, 2015 - 2018, USD Million
TABLE 91 Mexico Natural Language Processing Market by Industry Vertical, 2019 - 2025, USD Million
TABLE 92 Mexico Natural Language Processing Market by Type, 2015 - 2018, USD Million
TABLE 93 Mexico Natural Language Processing Market by Type, 2019 - 2025, USD Million
TABLE 94 Mexico Natural Language Processing Market by Deployment Type, 2015 - 2018, USD Million
TABLE 95 Mexico Natural Language Processing Market by Deployment Type, 2019 - 2025, USD Million
TABLE 96 Mexico Natural Language Processing Market by Application, 2015 - 2018, USD Million
TABLE 97 Mexico Natural Language Processing Market by Application, 2019 - 2025, USD Million
TABLE 98 Rest of North America Natural Language Processing Market, 2015 - 2018, USD Million
TABLE 99 Rest of North America Natural Language Processing Market, 2019 - 2025, USD Million
TABLE 100 Rest of North America Natural Language Processing Market by Component, 2015 - 2018, USD Million
TABLE 101 Rest of North America Natural Language Processing Market by Component, 2019 - 2025, USD Million
TABLE 102 Rest of North America Natural Language Processing Market by Industry Vertical, 2015 - 2018, USD Million
TABLE 103 Rest of North America Natural Language Processing Market by Industry Vertical, 2019 - 2025, USD Million
TABLE 104 Rest of North America Natural Language Processing Market by Type, 2015 - 2018, USD Million
TABLE 105 Rest of North America Natural Language Processing Market by Type, 2019 - 2025, USD Million
TABLE 106 Rest of North America Natural Language Processing Market by Deployment Type, 2015 - 2018, USD Million
TABLE 107 Rest of North America Natural Language Processing Market by Deployment Type, 2019 - 2025, USD Million
TABLE 108 Rest of North America Natural Language Processing Market by Application, 2015 - 2018, USD Million
TABLE 109 Rest of North America Natural Language Processing Market by Application, 2019 - 2025, USD Million
TABLE 110 Key information – IBM Corporation
TABLE 111 key information – Microsoft Corporation
TABLE 112 Key Information – Google, Inc.
TABLE 113 Key Information – Amazon.com, Inc.
TABLE 114 Key Information – Apple, Inc.
TABLE 115 Key Information – Facebook, Inc.
TABLE 116 Key Information – Intel Corporation
TABLE 117 Key information – SAS Institute, Inc.
TABLE 118 Key Information – Baidu, Inc.
TABLE 119 Key Information – Health Fidelity, Inc.
TABLE 120 Key Information – Conversica, Inc.
TABLE 121 Key Information – Inbenta Technologies, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2015-2019)
FIG 4 Key Strategic Move: (Collaborations, Partnerships and Agreements : 2019-Nov – 2017-Apr) Leading Players
FIG 5 Swot analysis: IBM Corporation
FIG 6 Recent strategies and developments: Microsoft Corporation
FIG 7 SWOT Analysis: Microsoft Corporation
FIG 8 Recent strategies and developments: Google, Inc.
FIG 9 SWOT Analysis: Alphabet Inc. (Google Inc.)
FIG 10 SWOT analysis: Amazon.com, Inc.
FIG 11 SWOT Analysis: apple, Inc.
FIG 12 Recent strategies and developments: Facebook, Inc.
FIG 13 SWOT Analysis: Facebook, Inc.
FIG 14 SWOT analysis: Intel corporation
FIG 15 Recent strategies and developments: SAS Institute, Inc.
FIG 16 Recent strategies and developments: Baidu, Inc.
FIG 17 Swot analysis: Baidu, inc.
FIG 18 Recent strategies and developments: Health Fidelity, Inc.
FIG 19 Recent strategies and developments: Conversica, Inc.