Natural Language Processing Market Size, Share, and Trends 2024 to 2034

The global natural language processing market size is calculated at USD 42.47 billion in 2025 and is forecasted to reach around USD 791.16 billion by 2034, accelerating at a CAGR of 38.40% from 2025 to 2034. The North America natural language processing market size surpassed USD 9.20 billion in 2024 and is expanding at a CAGR of 38.41% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 2129
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Natural Language Processing Market 

5.1. COVID-19 Landscape: Natural Language Processing Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Natural Language Processing Market, By Technology

8.1. Natural Language Processing Market, by Technology

8.1.1. Interactive voice response

8.1.1.1. Market Revenue and Forecast

8.1.2. Optical character recognition

8.1.2.1. Market Revenue and Forecast

8.1.3. Text analytics

8.1.3.1. Market Revenue and Forecast

8.1.4. Speech analytics

8.1.4.1. Market Revenue and Forecast

8.1.5. Classification and categorization

8.1.5.1. Market Revenue and Forecast

8.1.5. Pattern and image recognition

8.1.5.1. Market Revenue and Forecast

8.1.5. Ohers (Coding, Professional services, etc)

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Natural Language Processing Market, By Industry Vertical

9.1. Natural Language Processing Market, by Industry Vertical

9.1.1. Manufacturing

9.1.1.1. Market Revenue and Forecast

9.1.2. Advertising and media

9.1.2.1. Market Revenue and Forecast

9.1.3. Automotive and transportation

9.1.3.1. Market Revenue and Forecast

9.1.4. Banking financial services and insurance (BFSI)

9.1.4.1. Market Revenue and Forecast

9.1.5. High tech and telecom

9.1.5.1. Market Revenue and Forecast

9.1.6. Energy utilities

9.1.6.1. Market Revenue and Forecast

9.1.7. Government and public sector

9.1.7.1. Market Revenue and Forecast

9.1.8. Education

9.1.8.1. Market Revenue and Forecast

9.1.9. Transport and logistics

9.1.9.1. Market Revenue and Forecast

9.1.10. Retail and ecommerce

9.1.10.1. Market Revenue and Forecast

9.1.11. Healthcare

9.1.11.1. Market Revenue and Forecast

Chapter 10. Global Natural Language Processing Market, By Enterprise size

10.1. Natural Language Processing Market, by Enterprise size

10.1.1. Small Enterprises

10.1.1.1. Market Revenue and Forecast

10.1.2. Medium-sized enterprises

10.1.2.1. Market Revenue and Forecast

10.1.3. Large enterprises

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Natural Language Processing Market, By Type

11.1. Natural Language Processing Market, by Type

11.1.1. Rule-based

11.1.1.1. Market Revenue and Forecast

11.1.2. Statistical

11.1.2.1. Market Revenue and Forecast

11.1.3. Hybrid

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Natural Language Processing Market, By Deployment

12.1. Natural Language Processing Market, by Deployment

12.1.1. On premises

12.1.1.1. Market Revenue and Forecast

12.1.2. Cloud (Public cloud and private cloud)

12.1.2.1. Market Revenue and Forecast

12.1.3. Hybrid

12.1.3.1. Market Revenue and Forecast

Chapter 13. Global Natural Language Processing Market, By Component

13.1. Natural Language Processing Market, by Component

13.1.1. Solutions

13.1.1.1. Market Revenue and Forecast

13.1.2. Services

13.1.2.1. Market Revenue and Forecast

Chapter 14. Global Natural Language Processing Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Technology

14.1.2. Market Revenue and Forecast, by Industry Vertical

14.1.3. Market Revenue and Forecast, by Enterprise size

14.1.4. Market Revenue and Forecast, by Type

14.1.5. Market Revenue and Forecast, by Deployment

14.1.6. Market Revenue and Forecast, by Component

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Technology

14.1.7.2. Market Revenue and Forecast, by Industry Vertical

14.1.7.3. Market Revenue and Forecast, by Enterprise size

14.1.7.4. Market Revenue and Forecast, by Type

14.1.8. Market Revenue and Forecast, by Deployment

14.1.8.1. Market Revenue and Forecast, by Component  

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Technology

14.1.9.2. Market Revenue and Forecast, by Industry Vertical

14.1.9.3. Market Revenue and Forecast, by Enterprise size

14.1.9.4. Market Revenue and Forecast, by Type

14.1.10. Market Revenue and Forecast, by Deployment

14.1.11. Market Revenue and Forecast, by Component

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Technology

14.2.2. Market Revenue and Forecast, by Industry Vertical

14.2.3. Market Revenue and Forecast, by Enterprise size

14.2.4. Market Revenue and Forecast, by Type  

14.2.5. Market Revenue and Forecast, by Deployment

14.2.6. Market Revenue and Forecast, by Component

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Technology

14.2.8.2. Market Revenue and Forecast, by Industry Vertical

14.2.8.3. Market Revenue and Forecast, by Enterprise size

14.2.9. Market Revenue and Forecast, by Type  

14.2.10. Market Revenue and Forecast, by Deployment

14.2.10.1. Market Revenue and Forecast, by Component  

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Technology

14.2.11.2. Market Revenue and Forecast, by Industry Vertical

14.2.11.3. Market Revenue and Forecast, by Enterprise size

14.2.12. Market Revenue and Forecast, by Type

14.2.13. Market Revenue and Forecast, by Deployment

14.2.14. Market Revenue and Forecast, by Component

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Technology

14.2.15.2. Market Revenue and Forecast, by Industry Vertical

14.2.15.3. Market Revenue and Forecast, by Enterprise size

14.2.15.4. Market Revenue and Forecast, by Type

14.2.16. Market Revenue and Forecast, by Deployment

14.2.16.1. Market Revenue and Forecast, by Component

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Technology

14.2.17.2. Market Revenue and Forecast, by Industry Vertical

14.2.17.3. Market Revenue and Forecast, by Enterprise size

14.2.17.4. Market Revenue and Forecast, by Type

14.2.18. Market Revenue and Forecast, by Deployment

14.2.18.1. Market Revenue and Forecast, by Component

14.3. APAC

14.3.1. Market Revenue and Forecast, by Technology

14.3.2. Market Revenue and Forecast, by Industry Vertical

14.3.3. Market Revenue and Forecast, by Enterprise size

14.3.4. Market Revenue and Forecast, by Type

14.3.5. Market Revenue and Forecast, by Deployment

14.3.6. Market Revenue and Forecast, by Component

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Technology

14.3.7.2. Market Revenue and Forecast, by Industry Vertical

14.3.7.3. Market Revenue and Forecast, by Enterprise size

14.3.7.4. Market Revenue and Forecast, by Type

14.3.8. Market Revenue and Forecast, by Deployment

14.3.9. Market Revenue and Forecast, by Component

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Technology

14.3.10.2. Market Revenue and Forecast, by Industry Vertical

14.3.10.3. Market Revenue and Forecast, by Enterprise size

14.3.10.4. Market Revenue and Forecast, by Type

14.3.11. Market Revenue and Forecast, by Deployment

14.3.11.1. Market Revenue and Forecast, by Component

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Technology

14.3.12.2. Market Revenue and Forecast, by Industry Vertical

14.3.12.3. Market Revenue and Forecast, by Enterprise size

14.3.12.4. Market Revenue and Forecast, by Type

14.3.12.5. Market Revenue and Forecast, by Deployment

14.3.12.6. Market Revenue and Forecast, by Component

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Technology

14.3.13.2. Market Revenue and Forecast, by Industry Vertical

14.3.13.3. Market Revenue and Forecast, by Enterprise size

14.3.13.4. Market Revenue and Forecast, by Type

14.3.13.5. Market Revenue and Forecast, by Deployment

14.3.13.6. Market Revenue and Forecast, by Component

14.4. MEA

14.4.1. Market Revenue and Forecast, by Technology

14.4.2. Market Revenue and Forecast, by Industry Vertical

14.4.3. Market Revenue and Forecast, by Enterprise size

14.4.4. Market Revenue and Forecast, by Type

14.4.5. Market Revenue and Forecast, by Deployment

14.4.6. Market Revenue and Forecast, by Component

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Technology

14.4.7.2. Market Revenue and Forecast, by Industry Vertical

14.4.7.3. Market Revenue and Forecast, by Enterprise size

14.4.7.4. Market Revenue and Forecast, by Type

14.4.8. Market Revenue and Forecast, by Deployment

14.4.9. Market Revenue and Forecast, by Component

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Technology

14.4.10.2. Market Revenue and Forecast, by Industry Vertical

14.4.10.3. Market Revenue and Forecast, by Enterprise size

14.4.10.4. Market Revenue and Forecast, by Type

14.4.11. Market Revenue and Forecast, by Deployment

14.4.12. Market Revenue and Forecast, by Component

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Technology

14.4.13.2. Market Revenue and Forecast, by Industry Vertical

14.4.13.3. Market Revenue and Forecast, by Enterprise size

14.4.13.4. Market Revenue and Forecast, by Type

14.4.13.5. Market Revenue and Forecast, by Deployment

14.4.13.6. Market Revenue and Forecast, by Component

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Technology

14.4.14.2. Market Revenue and Forecast, by Industry Vertical

14.4.14.3. Market Revenue and Forecast, by Enterprise size

14.4.14.4. Market Revenue and Forecast, by Type

14.4.14.5. Market Revenue and Forecast, by Deployment

14.4.14.6. Market Revenue and Forecast, by Component

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Technology

14.5.2. Market Revenue and Forecast, by Industry Vertical

14.5.3. Market Revenue and Forecast, by Enterprise size

14.5.4. Market Revenue and Forecast, by Type

14.5.5. Market Revenue and Forecast, by Deployment

14.5.6. Market Revenue and Forecast, by Component

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Technology

14.5.7.2. Market Revenue and Forecast, by Industry Vertical

14.5.7.3. Market Revenue and Forecast, by Enterprise size

14.5.7.4. Market Revenue and Forecast, by Type

14.5.8. Market Revenue and Forecast, by Deployment

14.5.8.1. Market Revenue and Forecast, by Component

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Technology

14.5.9.2. Market Revenue and Forecast, by Industry Vertical

14.5.9.3. Market Revenue and Forecast, by Enterprise size

14.5.9.4. Market Revenue and Forecast, by Type

14.5.9.5. Market Revenue and Forecast, by Deployment

14.5.9.6. Market Revenue and Forecast, by Component

Chapter 15. Company Profiles

15.1. Spark Cognition, Inc

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Conversica

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Linguamatics

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Narrative science

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. SAP SE

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Veritone Inc.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Veritone Inc.

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Inbenta

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Intel Corporation

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Google, Inc

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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Frequently Asked Questions

The global natural language processing market size was accounted at USD 30.68 billion in 2024 and it is expected to reach around USD 791.16 billion by 2034.

The global natural language processing market is poised to grow at a CAGR of 38.40% from 2025 to 2034.

The major players operating in the natural language processing market are Spark Cognition, Inc, Conversica, Linguamatics, Narrative science, SAP SE, Veritone Inc., SAS Institute Inc., Inbenta, Intel Corporation, Google, Inc, IBM Corporation, Hewlett Packard Enterprise Development LP, Microsoft Corporation, Biadu, Inc, Amazon Web Services, Inc, Facebook,Inc, Apple,Inc, Bitext, Health Fidelity, Linguamatics, Automated Insights, Gnani.ai, Niki, Mihup, Observe.Al, Hyro, Just Al, RaGaVeRa

The rapidly increasing technology and wide developments with increased demands from the market with high connectivity and cloud-based systems have driven the market growth of natural processing language.

North America region will lead the global natural language processing market during the forecast period 2025 to 2034.

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