Report Detail
Global Natural Language Understanding Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029
- RnM4505837 |
- 15 October, 2023 |
- Global |
- 103 Pages |
- GIR (Global Info Research) |
- Service & Software
According to our (Global Info Research) latest study, the global Natural Language Understanding Technology market size was valued at USD 2359.7 million in 2022 and is forecast to a readjusted size of USD 12910 million by 2029 with a CAGR of 27.5% during review period.
Natural language understanding (NLU) is a branch of artificial intelligence (AI) that uses computer software to understand input in the form of sentences using text or speech. NLU enables human-computer interaction by analyzing language versus just words. In this report, NLP hardware is out of the scope statistics of report, such as translation pens, etc.
NLU enables computers to understand the sentiments expressed in a natural language used by humans, such as English, French or Mandarin, without the formalized syntax of computer languages. NLU also enables computers to communicate back to humans in their own languages.
In the global market, the key players of Natural Language Understanding Technology (NLUT) are mainly Microsoft, IBM, and Google. The top three players within this industry account for about 30% of the market share. North America, Europe, Japan, and China are the major manufacturing regions for this product, with North America accounting for about 55% of the global market share. The product can be categorised into cloud and on premise products on the basis of product type. The product is widely used in B-side customer base, C-side customer base, government and defence.
The Global Info Research report includes an overview of the development of the Natural Language Understanding Technology industry chain, the market status of B-end Customer (Cloud Based, On Premise), C-end Customer (Cloud Based, On Premise), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Natural Language Understanding Technology.
Regionally, the report analyzes the Natural Language Understanding Technology markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Natural Language Understanding Technology market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Natural Language Understanding Technology market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Natural Language Understanding Technology industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Technology (e.g., Cloud Based, On Premise).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Natural Language Understanding Technology market.
Regional Analysis: The report involves examining the Natural Language Understanding Technology market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Natural Language Understanding Technology market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Natural Language Understanding Technology:
Company Analysis: Report covers individual Natural Language Understanding Technology players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Natural Language Understanding Technology This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (B-end Customer, C-end Customer).
Technology Analysis: Report covers specific technologies relevant to Natural Language Understanding Technology. It assesses the current state, advancements, and potential future developments in Natural Language Understanding Technology areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Natural Language Understanding Technology market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Natural Language Understanding Technology market is split by Technology and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Technology, and by Application in terms of value.
Market segment by Technology
Cloud Based
On Premise
Market segment by Application
B-end Customer
C-end Customer
Government and Defense
Market segment by players, this report covers
Microsoft
IBM
Google
AWS
Baidu
RWS
Lionbridge Technologies
3M
SAS Institute
Tencent Cloud TMT
Alibaba Cloud
OpenAI
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Natural Language Understanding Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Natural Language Understanding Technology, with revenue, gross margin and global market share of Natural Language Understanding Technology from 2018 to 2023.
Chapter 3, the Natural Language Understanding Technology competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Technology and application, with consumption value and growth rate by Technology, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Natural Language Understanding Technology market forecast, by regions, technology and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Natural Language Understanding Technology.
Chapter 13, to describe Natural Language Understanding Technology research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Natural Language Understanding Technology
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Classification of Natural Language Understanding Technology by Technology
- 1.3.1 Overview: Global Natural Language Understanding Technology Market Size by Technology: 2018 Versus 2022 Versus 2029
- 1.3.2 Global Natural Language Understanding Technology Consumption Value Market Share by Technology in 2022
- 1.3.3 Cloud Based
- 1.3.4 On Premise
- 1.4 Global Natural Language Understanding Technology Market by Application
- 1.4.1 Overview: Global Natural Language Understanding Technology Market Size by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 B-end Customer
- 1.4.3 C-end Customer
- 1.4.4 Government and Defense
- 1.5 Global Natural Language Understanding Technology Market Size & Forecast
- 1.6 Global Natural Language Understanding Technology Market Size and Forecast by Region
- 1.6.1 Global Natural Language Understanding Technology Market Size by Region: 2018 VS 2022 VS 2029
- 1.6.2 Global Natural Language Understanding Technology Market Size by Region, (2018-2029)
- 1.6.3 North America Natural Language Understanding Technology Market Size and Prospect (2018-2029)
- 1.6.4 Europe Natural Language Understanding Technology Market Size and Prospect (2018-2029)
- 1.6.5 Asia-Pacific Natural Language Understanding Technology Market Size and Prospect (2018-2029)
- 1.6.6 South America Natural Language Understanding Technology Market Size and Prospect (2018-2029)
- 1.6.7 Middle East and Africa Natural Language Understanding Technology Market Size and Prospect (2018-2029)
2 Company Profiles
- 2.1 Microsoft
- 2.1.1 Microsoft Details
- 2.1.2 Microsoft Major Business
- 2.1.3 Microsoft Natural Language Understanding Technology Product and Solutions
- 2.1.4 Microsoft Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 Microsoft Recent Developments and Future Plans
- 2.2 IBM
- 2.2.1 IBM Details
- 2.2.2 IBM Major Business
- 2.2.3 IBM Natural Language Understanding Technology Product and Solutions
- 2.2.4 IBM Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 IBM Recent Developments and Future Plans
- 2.3 Google
- 2.3.1 Google Details
- 2.3.2 Google Major Business
- 2.3.3 Google Natural Language Understanding Technology Product and Solutions
- 2.3.4 Google Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Google Recent Developments and Future Plans
- 2.4 AWS
- 2.4.1 AWS Details
- 2.4.2 AWS Major Business
- 2.4.3 AWS Natural Language Understanding Technology Product and Solutions
- 2.4.4 AWS Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 AWS Recent Developments and Future Plans
- 2.5 Baidu
- 2.5.1 Baidu Details
- 2.5.2 Baidu Major Business
- 2.5.3 Baidu Natural Language Understanding Technology Product and Solutions
- 2.5.4 Baidu Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 Baidu Recent Developments and Future Plans
- 2.6 RWS
- 2.6.1 RWS Details
- 2.6.2 RWS Major Business
- 2.6.3 RWS Natural Language Understanding Technology Product and Solutions
- 2.6.4 RWS Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 RWS Recent Developments and Future Plans
- 2.7 Lionbridge Technologies
- 2.7.1 Lionbridge Technologies Details
- 2.7.2 Lionbridge Technologies Major Business
- 2.7.3 Lionbridge Technologies Natural Language Understanding Technology Product and Solutions
- 2.7.4 Lionbridge Technologies Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 Lionbridge Technologies Recent Developments and Future Plans
- 2.8 3M
- 2.8.1 3M Details
- 2.8.2 3M Major Business
- 2.8.3 3M Natural Language Understanding Technology Product and Solutions
- 2.8.4 3M Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 3M Recent Developments and Future Plans
- 2.9 SAS Institute
- 2.9.1 SAS Institute Details
- 2.9.2 SAS Institute Major Business
- 2.9.3 SAS Institute Natural Language Understanding Technology Product and Solutions
- 2.9.4 SAS Institute Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 SAS Institute Recent Developments and Future Plans
- 2.10 Tencent Cloud TMT
- 2.10.1 Tencent Cloud TMT Details
- 2.10.2 Tencent Cloud TMT Major Business
- 2.10.3 Tencent Cloud TMT Natural Language Understanding Technology Product and Solutions
- 2.10.4 Tencent Cloud TMT Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 Tencent Cloud TMT Recent Developments and Future Plans
- 2.11 Alibaba Cloud
- 2.11.1 Alibaba Cloud Details
- 2.11.2 Alibaba Cloud Major Business
- 2.11.3 Alibaba Cloud Natural Language Understanding Technology Product and Solutions
- 2.11.4 Alibaba Cloud Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.11.5 Alibaba Cloud Recent Developments and Future Plans
- 2.12 OpenAI
- 2.12.1 OpenAI Details
- 2.12.2 OpenAI Major Business
- 2.12.3 OpenAI Natural Language Understanding Technology Product and Solutions
- 2.12.4 OpenAI Natural Language Understanding Technology Revenue, Gross Margin and Market Share (2018-2023)
- 2.12.5 OpenAI Recent Developments and Future Plans
3 Market Competition, by Players
- 3.1 Global Natural Language Understanding Technology Revenue and Share by Players (2018-2023)
- 3.2 Market Share Analysis (2022)
- 3.2.1 Market Share of Natural Language Understanding Technology by Company Revenue
- 3.2.2 Top 3 Natural Language Understanding Technology Players Market Share in 2022
- 3.2.3 Top 6 Natural Language Understanding Technology Players Market Share in 2022
- 3.3 Natural Language Understanding Technology Market: Overall Company Footprint Analysis
- 3.3.1 Natural Language Understanding Technology Market: Region Footprint
- 3.3.2 Natural Language Understanding Technology Market: Company Product Type Footprint
- 3.3.3 Natural Language Understanding Technology Market: Company Product Application Footprint
- 3.4 New Market Entrants and Barriers to Market Entry
- 3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Technology
- 4.1 Global Natural Language Understanding Technology Consumption Value and Market Share by Technology (2018-2023)
- 4.2 Global Natural Language Understanding Technology Market Forecast by Technology (2024-2029)
5 Market Size Segment by Application
- 5.1 Global Natural Language Understanding Technology Consumption Value Market Share by Application (2018-2023)
- 5.2 Global Natural Language Understanding Technology Market Forecast by Application (2024-2029)
6 North America
- 6.1 North America Natural Language Understanding Technology Consumption Value by Technology (2018-2029)
- 6.2 North America Natural Language Understanding Technology Consumption Value by Application (2018-2029)
- 6.3 North America Natural Language Understanding Technology Market Size by Country
- 6.3.1 North America Natural Language Understanding Technology Consumption Value by Country (2018-2029)
- 6.3.2 United States Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 6.3.3 Canada Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 6.3.4 Mexico Natural Language Understanding Technology Market Size and Forecast (2018-2029)
7 Europe
- 7.1 Europe Natural Language Understanding Technology Consumption Value by Technology (2018-2029)
- 7.2 Europe Natural Language Understanding Technology Consumption Value by Application (2018-2029)
- 7.3 Europe Natural Language Understanding Technology Market Size by Country
- 7.3.1 Europe Natural Language Understanding Technology Consumption Value by Country (2018-2029)
- 7.3.2 Germany Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 7.3.3 France Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 7.3.4 United Kingdom Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 7.3.5 Russia Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 7.3.6 Italy Natural Language Understanding Technology Market Size and Forecast (2018-2029)
8 Asia-Pacific
- 8.1 Asia-Pacific Natural Language Understanding Technology Consumption Value by Technology (2018-2029)
- 8.2 Asia-Pacific Natural Language Understanding Technology Consumption Value by Application (2018-2029)
- 8.3 Asia-Pacific Natural Language Understanding Technology Market Size by Region
- 8.3.1 Asia-Pacific Natural Language Understanding Technology Consumption Value by Region (2018-2029)
- 8.3.2 China Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 8.3.3 Japan Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 8.3.4 South Korea Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 8.3.5 India Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 8.3.6 Southeast Asia Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 8.3.7 Australia Natural Language Understanding Technology Market Size and Forecast (2018-2029)
9 South America
- 9.1 South America Natural Language Understanding Technology Consumption Value by Technology (2018-2029)
- 9.2 South America Natural Language Understanding Technology Consumption Value by Application (2018-2029)
- 9.3 South America Natural Language Understanding Technology Market Size by Country
- 9.3.1 South America Natural Language Understanding Technology Consumption Value by Country (2018-2029)
- 9.3.2 Brazil Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 9.3.3 Argentina Natural Language Understanding Technology Market Size and Forecast (2018-2029)
10 Middle East & Africa
- 10.1 Middle East & Africa Natural Language Understanding Technology Consumption Value by Technology (2018-2029)
- 10.2 Middle East & Africa Natural Language Understanding Technology Consumption Value by Application (2018-2029)
- 10.3 Middle East & Africa Natural Language Understanding Technology Market Size by Country
- 10.3.1 Middle East & Africa Natural Language Understanding Technology Consumption Value by Country (2018-2029)
- 10.3.2 Turkey Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 10.3.3 Saudi Arabia Natural Language Understanding Technology Market Size and Forecast (2018-2029)
- 10.3.4 UAE Natural Language Understanding Technology Market Size and Forecast (2018-2029)
11 Market Dynamics
- 11.1 Natural Language Understanding Technology Market Drivers
- 11.2 Natural Language Understanding Technology Market Restraints
- 11.3 Natural Language Understanding Technology Trends Analysis
- 11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry
12 Industry Chain Analysis
- 12.1 Natural Language Understanding Technology Industry Chain
- 12.2 Natural Language Understanding Technology Upstream Analysis
- 12.3 Natural Language Understanding Technology Midstream Analysis
- 12.4 Natural Language Understanding Technology Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
- 14.1 Methodology
- 14.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Natural Language Understanding Technology. Industry analysis & Market Report on Natural Language Understanding Technology is a syndicated market report, published as Global Natural Language Understanding Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Natural Language Understanding Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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