Global Language Processing Market Research Report 2023

Natural language processing (NLP) is an area of computer science and artificial intelligenceconcerned with the interactions between computers and human (natural) languages, in particular how to program computers to process and analyze large amounts of natural language data. Challenges in natural language processing frequently involve speech recognition, natural language understanding, and natural language generation.

The global Language Processing market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

NLP is a way for computers to analyze, understand, and derive meaning from human language in a smart and useful way. By utilizing NLP, developers can organize and structure knowledge to perform tasks such as automatic summarization, translation, named entity recognition, relationship extraction, sentiment analysis, speech recognition, and topic segmentation.

This report aims to provide a comprehensive presentation of the global market for Language Processing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Language Processing.

The Language Processing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Language Processing market comprehensively. Regional market sizes, concerning products by technology, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Language Processing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by technology, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Technology

1.2.1 Global Language Processing Market Size Growth Rate by Technology: 2018 VS 2022 VS 2029

1.2.2 Auto Coding

1.2.3 Text Analytics

1.2.4 Optical Character Recognition (OCR)

1.2.5 Interactive Voice Response

1.2.6 Pattern & Image Recognition

1.2.7 Speech Analytics

1.3 Market by Application

1.3.1 Global Language Processing Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Healthcare Sector

1.3.3 Public Sector

1.3.4 Retail Sector

1.3.5 Media & Entertainment

1.3.6 Manufacturing

1.3.7 Other

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Language Processing Market Perspective (2018-2029)

2.2 Language Processing Growth Trends by Region

2.2.1 Global Language Processing Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Language Processing Historic Market Size by Region (2018-2023)

2.2.3 Language Processing Forecasted Market Size by Region (2024-2029)

2.3 Language Processing Market Dynamics

2.3.1 Language Processing Industry Trends

2.3.2 Language Processing Market Drivers

2.3.3 Language Processing Market Challenges

2.3.4 Language Processing Market Restraints

3.1 Global Top Language Processing Players by Revenue

3.1.1 Global Top Language Processing Players by Revenue (2018-2023)

3.1.2 Global Language Processing Revenue Market Share by Players (2018-2023)

3.2 Global Language Processing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Language Processing Revenue

3.4 Global Language Processing Market Concentration Ratio

3.4.1 Global Language Processing Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Language Processing Revenue in 2022

3.5 Language Processing Key Players Head office and Area Served

3.6 Key Players Language Processing Product Solution and Service

3.7 Date of Enter into Language Processing Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Language Processing Historic Market Size by Technology (2018-2023)

4.2 Global Language Processing Forecasted Market Size by Technology (2024-2029)

5.1 Global Language Processing Historic Market Size by Application (2018-2023)

5.2 Global Language Processing Forecasted Market Size by Application (2024-2029)

6.1 North America Language Processing Market Size (2018-2029)

6.2 North America Language Processing Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Language Processing Market Size by Country (2018-2023)

6.4 North America Language Processing Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Language Processing Market Size (2018-2029)

7.2 Europe Language Processing Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Language Processing Market Size by Country (2018-2023)

7.4 Europe Language Processing Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Language Processing Market Size (2018-2029)

8.2 Asia-Pacific Language Processing Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Language Processing Market Size by Region (2018-2023)

8.4 Asia-Pacific Language Processing Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Language Processing Market Size (2018-2029)

9.2 Latin America Language Processing Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Language Processing Market Size by Country (2018-2023)

9.4 Latin America Language Processing Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Language Processing Market Size (2018-2029)

10.2 Middle East & Africa Language Processing Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Language Processing Market Size by Country (2018-2023)

10.4 Middle East & Africa Language Processing Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Addstructure

11.1.1 Addstructure Company Detail

11.1.2 Addstructure Business Overview

11.1.3 Addstructure Language Processing Introduction

11.1.4 Addstructure Revenue in Language Processing Business (2018-2023)

11.1.5 Addstructure Recent Development

11.2 Apple

11.2.1 Apple Company Detail

11.2.2 Apple Business Overview

11.2.3 Apple Language Processing Introduction

11.2.4 Apple Revenue in Language Processing Business (2018-2023)

11.2.5 Apple Recent Development

11.3 Dialogflow

11.3.1 Dialogflow Company Detail

11.3.2 Dialogflow Business Overview

11.3.3 Dialogflow Language Processing Introduction

11.3.4 Dialogflow Revenue in Language Processing Business (2018-2023)

11.3.5 Dialogflow Recent Development

11.4 DigitalGenius

11.4.1 DigitalGenius Company Detail

11.4.2 DigitalGenius Business Overview

11.4.3 DigitalGenius Language Processing Introduction

11.4.4 DigitalGenius Revenue in Language Processing Business (2018-2023)

11.4.5 DigitalGenius Recent Development

11.5 Google

11.5.1 Google Company Detail

11.5.2 Google Business Overview

11.5.3 Google Language Processing Introduction

11.5.4 Google Revenue in Language Processing Business (2018-2023)

11.5.5 Google Recent Development

11.6 IBM

11.6.1 IBM Company Detail

11.6.2 IBM Business Overview

11.6.3 IBM Language Processing Introduction

11.6.4 IBM Revenue in Language Processing Business (2018-2023)

11.6.5 IBM Recent Development

11.7 Klevu

11.7.1 Klevu Company Detail

11.7.2 Klevu Business Overview

11.7.3 Klevu Language Processing Introduction

11.7.4 Klevu Revenue in Language Processing Business (2018-2023)

11.7.5 Klevu Recent Development

11.8 Microsoft

11.8.1 Microsoft Company Detail

11.8.2 Microsoft Business Overview

11.8.3 Microsoft Language Processing Introduction

11.8.4 Microsoft Revenue in Language Processing Business (2018-2023)

11.8.5 Microsoft Recent Development

11.9 Mindmeld

11.9.1 Mindmeld Company Detail

11.9.2 Mindmeld Business Overview

11.9.3 Mindmeld Language Processing Introduction

11.9.4 Mindmeld Revenue in Language Processing Business (2018-2023)

11.9.5 Mindmeld Recent Development

11.10 NetBase

11.10.1 NetBase Company Detail

11.10.2 NetBase Business Overview

11.10.3 NetBase Language Processing Introduction

11.10.4 NetBase Revenue in Language Processing Business (2018-2023)

11.10.5 NetBase Recent Development

11.11 Satisfi Labs

11.11.1 Satisfi Labs Company Detail

11.11.2 Satisfi Labs Business Overview

11.11.3 Satisfi Labs Language Processing Introduction

11.11.4 Satisfi Labs Revenue in Language Processing Business (2018-2023)

11.11.5 Satisfi Labs Recent Development

11.12 Twiggle

11.12.1 Twiggle Company Detail

11.12.2 Twiggle Business Overview

11.12.3 Twiggle Language Processing Introduction

11.12.4 Twiggle Revenue in Language Processing Business (2018-2023)

11.12.5 Twiggle Recent Development

11.13 Inbenta

11.13.1 Inbenta Company Detail

11.13.2 Inbenta Business Overview

11.13.3 Inbenta Language Processing Introduction

11.13.4 Inbenta Revenue in Language Processing Business (2018-2023)

11.13.5 Inbenta Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Language Processing Market Size Growth Rate by Technology (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Auto Coding

    Table 3. Key Players of Text Analytics

    Table 4. Key Players of Optical Character Recognition (OCR)

    Table 5. Key Players of Interactive Voice Response

    Table 6. Key Players of Pattern & Image Recognition

    Table 7. Key Players of Speech Analytics

    Table 8. Global Language Processing Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Language Processing Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 10. Global Language Processing Market Size by Region (2018-2023) & (US$ Million)

    Table 11. Global Language Processing Market Share by Region (2018-2023)

    Table 12. Global Language Processing Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 13. Global Language Processing Market Share by Region (2024-2029)

    Table 14. Language Processing Market Trends

    Table 15. Language Processing Market Drivers

    Table 16. Language Processing Market Challenges

    Table 17. Language Processing Market Restraints

    Table 18. Global Language Processing Revenue by Players (2018-2023) & (US$ Million)

    Table 19. Global Language Processing Market Share by Players (2018-2023)

    Table 20. Global Top Language Processing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Language Processing as of 2022)

    Table 21. Ranking of Global Top Language Processing Companies by Revenue (US$ Million) in 2022

    Table 22. Global 5 Largest Players Market Share by Language Processing Revenue (CR5 and HHI) & (2018-2023)

    Table 23. Key Players Headquarters and Area Served

    Table 24. Key Players Language Processing Product Solution and Service

    Table 25. Date of Enter into Language Processing Market

    Table 26. Mergers & Acquisitions, Expansion Plans

    Table 27. Global Language Processing Market Size by Technology (2018-2023) & (US$ Million)

    Table 28. Global Language Processing Revenue Market Share by Technology (2018-2023)

    Table 29. Global Language Processing Forecasted Market Size by Technology (2024-2029) & (US$ Million)

    Table 30. Global Language Processing Revenue Market Share by Technology (2024-2029)

    Table 31. Global Language Processing Market Size by Application (2018-2023) & (US$ Million)

    Table 32. Global Language Processing Revenue Market Share by Application (2018-2023)

    Table 33. Global Language Processing Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 34. Global Language Processing Revenue Market Share by Application (2024-2029)

    Table 35. North America Language Processing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. North America Language Processing Market Size by Country (2018-2023) & (US$ Million)

    Table 37. North America Language Processing Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Europe Language Processing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Europe Language Processing Market Size by Country (2018-2023) & (US$ Million)

    Table 40. Europe Language Processing Market Size by Country (2024-2029) & (US$ Million)

    Table 41. Asia-Pacific Language Processing Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Asia-Pacific Language Processing Market Size by Region (2018-2023) & (US$ Million)

    Table 43. Asia-Pacific Language Processing Market Size by Region (2024-2029) & (US$ Million)

    Table 44. Latin America Language Processing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Latin America Language Processing Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Latin America Language Processing Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Middle East & Africa Language Processing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 48. Middle East & Africa Language Processing Market Size by Country (2018-2023) & (US$ Million)

    Table 49. Middle East & Africa Language Processing Market Size by Country (2024-2029) & (US$ Million)

    Table 50. Addstructure Company Detail

    Table 51. Addstructure Business Overview

    Table 52. Addstructure Language Processing Product

    Table 53. Addstructure Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 54. Addstructure Recent Development

    Table 55. Apple Company Detail

    Table 56. Apple Business Overview

    Table 57. Apple Language Processing Product

    Table 58. Apple Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 59. Apple Recent Development

    Table 60. Dialogflow Company Detail

    Table 61. Dialogflow Business Overview

    Table 62. Dialogflow Language Processing Product

    Table 63. Dialogflow Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 64. Dialogflow Recent Development

    Table 65. DigitalGenius Company Detail

    Table 66. DigitalGenius Business Overview

    Table 67. DigitalGenius Language Processing Product

    Table 68. DigitalGenius Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 69. DigitalGenius Recent Development

    Table 70. Google Company Detail

    Table 71. Google Business Overview

    Table 72. Google Language Processing Product

    Table 73. Google Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 74. Google Recent Development

    Table 75. IBM Company Detail

    Table 76. IBM Business Overview

    Table 77. IBM Language Processing Product

    Table 78. IBM Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 79. IBM Recent Development

    Table 80. Klevu Company Detail

    Table 81. Klevu Business Overview

    Table 82. Klevu Language Processing Product

    Table 83. Klevu Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 84. Klevu Recent Development

    Table 85. Microsoft Company Detail

    Table 86. Microsoft Business Overview

    Table 87. Microsoft Language Processing Product

    Table 88. Microsoft Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 89. Microsoft Recent Development

    Table 90. Mindmeld Company Detail

    Table 91. Mindmeld Business Overview

    Table 92. Mindmeld Language Processing Product

    Table 93. Mindmeld Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 94. Mindmeld Recent Development

    Table 95. NetBase Company Detail

    Table 96. NetBase Business Overview

    Table 97. NetBase Language Processing Product

    Table 98. NetBase Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 99. NetBase Recent Development

    Table 100. Satisfi Labs Company Detail

    Table 101. Satisfi Labs Business Overview

    Table 102. Satisfi Labs Language Processing Product

    Table 103. Satisfi Labs Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 104. Satisfi Labs Recent Development

    Table 105. Twiggle Company Detail

    Table 106. Twiggle Business Overview

    Table 107. Twiggle Language Processing Product

    Table 108. Twiggle Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 109. Twiggle Recent Development

    Table 110. Inbenta Company Detail

    Table 111. Inbenta Business Overview

    Table 112. Inbenta Language Processing Product

    Table 113. Inbenta Revenue in Language Processing Business (2018-2023) & (US$ Million)

    Table 114. Inbenta Recent Development

    Table 115. Research Programs/Design for This Report

    Table 116. Key Data Information from Secondary Sources

    Table 117. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Language Processing Market Size Comparison by Technology (2023-2029) & (US$ Million)

    Figure 2. Global Language Processing Market Share by Technology: 2022 VS 2029

    Figure 3. Auto Coding Features

    Figure 4. Text Analytics Features

    Figure 5. Optical Character Recognition (OCR) Features

    Figure 6. Interactive Voice Response Features

    Figure 7. Pattern & Image Recognition Features

    Figure 8. Speech Analytics Features

    Figure 9. Global Language Processing Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 10. Global Language Processing Market Share by Application: 2022 VS 2029

    Figure 11. Healthcare Sector Case Studies

    Figure 12. Public Sector Case Studies

    Figure 13. Retail Sector Case Studies

    Figure 14. Media & Entertainment Case Studies

    Figure 15. Manufacturing Case Studies

    Figure 16. Other Case Studies

    Figure 17. Language Processing Report Years Considered

    Figure 18. Global Language Processing Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 19. Global Language Processing Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 20. Global Language Processing Market Share by Region: 2022 VS 2029

    Figure 21. Global Language Processing Market Share by Players in 2022

    Figure 22. Global Top Language Processing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Language Processing as of 2022)

    Figure 23. The Top 10 and 5 Players Market Share by Language Processing Revenue in 2022

    Figure 24. North America Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. North America Language Processing Market Share by Country (2018-2029)

    Figure 26. United States Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Canada Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Europe Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Europe Language Processing Market Share by Country (2018-2029)

    Figure 30. Germany Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. France Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. U.K. Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Italy Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Russia Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Nordic Countries Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Asia-Pacific Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Asia-Pacific Language Processing Market Share by Region (2018-2029)

    Figure 38. China Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Japan Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. South Korea Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Southeast Asia Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. India Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Australia Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Latin America Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Latin America Language Processing Market Share by Country (2018-2029)

    Figure 46. Mexico Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Brazil Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Middle East & Africa Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. Middle East & Africa Language Processing Market Share by Country (2018-2029)

    Figure 50. Turkey Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 51. Saudi Arabia Language Processing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 52. Addstructure Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 53. Apple Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 54. Dialogflow Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 55. DigitalGenius Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 56. Google Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 57. IBM Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 58. Klevu Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 59. Microsoft Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 60. Mindmeld Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 61. NetBase Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 62. Satisfi Labs Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 63. Twiggle Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 64. Inbenta Revenue Growth Rate in Language Processing Business (2018-2023)

    Figure 65. Bottom-up and Top-down Approaches for This Report

    Figure 66. Data Triangulation

    Figure 67. Key Executives Interviewed