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

The global natural language processing market size accounted for USD 30.68 billion in 2024, grew to USD 42.47 billion in 2025 and is predicted to surpass around USD 791.16 billion by 2034, representing a healthy CAGR of 38.40% between 2024 and 2034. The North America natural language processing market size is calculated at USD 9.20 billion in 2024 and is expected to grow at a fastest CAGR of 38.61% during the forecast year.

  • Last Updated : December 2024
  • 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, 2024-2034

8.1.1. Interactive voice response

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Optical character recognition

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Text analytics

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Speech analytics

8.1.4.1. Market Revenue and Forecast (2021-2034)

8.1.5. Classification and categorization

8.1.5.1. Market Revenue and Forecast (2021-2034)

8.1.5. Pattern and image recognition

8.1.5.1. Market Revenue and Forecast (2021-2034)

8.1.5. Ohers (Coding, Professional services, etc)

8.1.5.1. Market Revenue and Forecast (2021-2034)

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

9.1. Natural Language Processing Market, by Industry Vertical, 2024-2034

9.1.1. Manufacturing

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Advertising and media

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Automotive and transportation

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Banking financial services and insurance (BFSI)

9.1.4.1. Market Revenue and Forecast (2021-2034)

9.1.5. High tech and telecom

9.1.5.1. Market Revenue and Forecast (2021-2034)

9.1.6. Energy utilities

9.1.6.1. Market Revenue and Forecast (2021-2034)

9.1.7. Government and public sector

9.1.7.1. Market Revenue and Forecast (2021-2034)

9.1.8. Education

9.1.8.1. Market Revenue and Forecast (2021-2034)

9.1.9. Transport and logistics

9.1.9.1. Market Revenue and Forecast (2021-2034)

9.1.10. Retail and ecommerce

9.1.10.1. Market Revenue and Forecast (2021-2034)

9.1.11. Healthcare

9.1.11.1. Market Revenue and Forecast (2021-2034)

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

10.1. Natural Language Processing Market, by Enterprise size, 2024-2034

10.1.1. Small Enterprises

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Medium-sized enterprises

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Large enterprises

10.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Natural Language Processing Market, By Type

11.1. Natural Language Processing Market, by Type, 2024-2034

11.1.1. Rule-based

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. Statistical

11.1.2.1. Market Revenue and Forecast (2021-2034)

11.1.3. Hybrid

11.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Natural Language Processing Market, By Deployment

12.1. Natural Language Processing Market, by Deployment, 2024-2034

12.1.1. On premises

12.1.1.1. Market Revenue and Forecast (2021-2034)

12.1.2. Cloud (Public cloud and private cloud)

12.1.2.1. Market Revenue and Forecast (2021-2034)

12.1.3. Hybrid

12.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 13. Global Natural Language Processing Market, By Component

13.1. Natural Language Processing Market, by Component, 2024-2034

13.1.1. Solutions

13.1.1.1. Market Revenue and Forecast (2021-2034)

13.1.2. Services

13.1.2.1. Market Revenue and Forecast (2021-2034)

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 (2021-2034)

14.1.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.1.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.1.4. Market Revenue and Forecast, by Type (2021-2034)

14.1.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.1.6. Market Revenue and Forecast, by Component (2021-2034)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Technology (2021-2034)

14.1.7.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.1.7.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.1.7.4. Market Revenue and Forecast, by Type (2021-2034)

14.1.8. Market Revenue and Forecast, by Deployment (2021-2034)

14.1.8.1. Market Revenue and Forecast, by Component (2021-2034) 

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Technology (2021-2034)

14.1.9.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.1.9.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.1.9.4. Market Revenue and Forecast, by Type (2021-2034)

14.1.10. Market Revenue and Forecast, by Deployment (2021-2034)

14.1.11. Market Revenue and Forecast, by Component (2021-2034)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Technology (2021-2034)

14.2.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.2.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.2.4. Market Revenue and Forecast, by Type (2021-2034) 

14.2.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.2.6. Market Revenue and Forecast, by Component (2021-2034)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Technology (2021-2034)

14.2.8.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.2.8.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.2.9. Market Revenue and Forecast, by Type (2021-2034) 

14.2.10. Market Revenue and Forecast, by Deployment (2021-2034)

14.2.10.1. Market Revenue and Forecast, by Component (2021-2034) 

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Technology (2021-2034)

14.2.11.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.2.11.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.2.12. Market Revenue and Forecast, by Type (2021-2034)

14.2.13. Market Revenue and Forecast, by Deployment (2021-2034)

14.2.14. Market Revenue and Forecast, by Component (2021-2034)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Technology (2021-2034)

14.2.15.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.2.15.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.2.15.4. Market Revenue and Forecast, by Type (2021-2034)

14.2.16. Market Revenue and Forecast, by Deployment (2021-2034)

14.2.16.1. Market Revenue and Forecast, by Component (2021-2034)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Technology (2021-2034)

14.2.17.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.2.17.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.2.17.4. Market Revenue and Forecast, by Type (2021-2034)

14.2.18. Market Revenue and Forecast, by Deployment (2021-2034)

14.2.18.1. Market Revenue and Forecast, by Component (2021-2034)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Technology (2021-2034)

14.3.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.3.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.3.4. Market Revenue and Forecast, by Type (2021-2034)

14.3.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.3.6. Market Revenue and Forecast, by Component (2021-2034)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Technology (2021-2034)

14.3.7.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.3.7.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.3.7.4. Market Revenue and Forecast, by Type (2021-2034)

14.3.8. Market Revenue and Forecast, by Deployment (2021-2034)

14.3.9. Market Revenue and Forecast, by Component (2021-2034)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Technology (2021-2034)

14.3.10.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.3.10.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.3.10.4. Market Revenue and Forecast, by Type (2021-2034)

14.3.11. Market Revenue and Forecast, by Deployment (2021-2034)

14.3.11.1. Market Revenue and Forecast, by Component (2021-2034)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Technology (2021-2034)

14.3.12.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.3.12.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.3.12.4. Market Revenue and Forecast, by Type (2021-2034)

14.3.12.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.3.12.6. Market Revenue and Forecast, by Component (2021-2034)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Technology (2021-2034)

14.3.13.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.3.13.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.3.13.4. Market Revenue and Forecast, by Type (2021-2034)

14.3.13.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.3.13.6. Market Revenue and Forecast, by Component (2021-2034)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Technology (2021-2034)

14.4.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.4.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.4.4. Market Revenue and Forecast, by Type (2021-2034)

14.4.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.4.6. Market Revenue and Forecast, by Component (2021-2034)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Technology (2021-2034)

14.4.7.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.4.7.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.4.7.4. Market Revenue and Forecast, by Type (2021-2034)

14.4.8. Market Revenue and Forecast, by Deployment (2021-2034)

14.4.9. Market Revenue and Forecast, by Component (2021-2034)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Technology (2021-2034)

14.4.10.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.4.10.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.4.10.4. Market Revenue and Forecast, by Type (2021-2034)

14.4.11. Market Revenue and Forecast, by Deployment (2021-2034)

14.4.12. Market Revenue and Forecast, by Component (2021-2034)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Technology (2021-2034)

14.4.13.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.4.13.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.4.13.4. Market Revenue and Forecast, by Type (2021-2034)

14.4.13.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.4.13.6. Market Revenue and Forecast, by Component (2021-2034)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Technology (2021-2034)

14.4.14.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.4.14.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.4.14.4. Market Revenue and Forecast, by Type (2021-2034)

14.4.14.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.4.14.6. Market Revenue and Forecast, by Component (2021-2034)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Technology (2021-2034)

14.5.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.5.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.5.4. Market Revenue and Forecast, by Type (2021-2034)

14.5.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.5.6. Market Revenue and Forecast, by Component (2021-2034)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Technology (2021-2034)

14.5.7.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.5.7.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.5.7.4. Market Revenue and Forecast, by Type (2021-2034)

14.5.8. Market Revenue and Forecast, by Deployment (2021-2034)

14.5.8.1. Market Revenue and Forecast, by Component (2021-2034)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Technology (2021-2034)

14.5.9.2. Market Revenue and Forecast, by Industry Vertical (2021-2034)

14.5.9.3. Market Revenue and Forecast, by Enterprise size (2021-2034)

14.5.9.4. Market Revenue and Forecast, by Type (2021-2034)

14.5.9.5. Market Revenue and Forecast, by Deployment (2021-2034)

14.5.9.6. Market Revenue and Forecast, by Component (2021-2034)

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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