Market Analysis and Insights
The global Natural Language Understanding Technology market is projected to grow from US$ 2.29 billion in 2022 to US$ 12.51 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 28.72% during the forecast period (2023-2029).
The North America market for Natural Language Understanding Technology is estimated to increase from $ 1.14 billion in 2022 to reach $ 6.93 billion by 2029, at a CAGR of 30.22% during the forecast period of 2023 through 2029.
The China market for Natural Language Understanding Technology is estimated to increase from $ 242.2 million in 2022 to reach $ 1.29 billion by 2029, at a CAGR of 28.73% during the forecast period of 2023 through 2029.
The Europe market for Natural Language Understanding Technology is estimated to increase from $ 531.4 million in 2023 to reach $ 2.50 billion by 2029, at a CAGR of 26.66% during the forecast period of 2023 through 2029.
The global key companies of Natural Language Understanding Technology include: Microsoft, IBM, Google, AWS, AWS, Baidu, RWS, etc. In 2022, the global top five players had a share approximately 40.21% in terms of revenue.
Report Includes
This report presents an overview of global market for Natural Language Understanding Technology market size. It analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Natural Language Understanding Technology, also provides the revenue of main regions and countries. It highlights of the upcoming market potential for Natural Language Understanding Technology, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Natural Language Understanding Technology revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Natural Language Understanding Technology market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Natural Language Understanding Technology revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Google, RWS, Microsoft, Lionbridge, AWS, IBM, Omniscien Technologies, Baidu and etc.
By Company
- Microsoft
- IBM
- Google
- AWS
- Baidu
- RWS
- Lionbridge Technologies
- 3M
- SAS Institute
- Tencent Cloud TMT
- Alibaba Cloud
- OpenAI
Segment by Type
Segment by Application
- B-end Customer
- C-end Customer
- Government and Defense
By Region
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Others
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
Chapter Outline
- Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
- Chapter 2: Revenue of Natural Language Understanding Technology in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
- Chapter 3: Detailed analysis of Natural Language Understanding Technology companies' competitive landscape, revenue, market share and industry ranking, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: North America (North America) by Type, by Application and by country, revenue for each segment.
- Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
- Chapter 8: China by Type, and by Application, revenue for each segment.
- Chapter 9: Asia-Pacific (Ex.China) by Type, by Application and by region, revenue for each segment.
- Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
- Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Natural Language Understanding Technology revenue, and gross margin, etc.
- Chapter 12: Analyst's Viewpoints/Conclusions
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.1.1 Global Natural Language Understanding Technology Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
- 1.1.2 Cloud
- 1.1.3 On-premise
- 1.2 Market by Application
- 1.2.1 Global Natural Language Understanding Technology Market Share by Application: 2018 VS 2022 VS 2029
- 1.2.2 B-end Customer
- 1.2.3 C-end Customer
- 1.2.4 Government and Defense
- 1.3 Assumptions and Limitations
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global Natural Language Understanding Technology Market Perspective (2018-2029)
- 2.2 Global Natural Language Understanding Technology Growth Trends by Region
- 2.2.1 Global Natural Language Understanding Technology Market Size by Region: 2018 VS 2022 VS 2029
- 2.2.2 Natural Language Understanding Technology Historic Market Size by Region (2018-2023)
- 2.2.3 Natural Language Understanding Technology Forecasted Market Size by Region (2024-2029)
- 2.3 Natural Language Understanding Technology Market Dynamics
- 2.3.1 Natural Language Understanding Technology Industry Trends
- 2.3.2 Natural Language Understanding Technology Market Drivers
- 2.3.3 Natural Language Understanding Technology Market Challenges
- 2.3.4 Natural Language Understanding Technology Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Revenue Natural Language Understanding Technology by Players
- 3.1.1 Global Natural Language Understanding Technology Revenue by Players (2018-2023)
- 3.1.2 Global Natural Language Understanding Technology Revenue Market Share by Players (2018-2023)
- 3.2 Global Natural Language Understanding Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Global Key Players of Natural Language Understanding Technology, Ranking by Revenue, 2021 VS 2022 VS 2023
- 3.4 Global Natural Language Understanding Technology Market Concentration Ratio
- 3.4.1 Global Natural Language Understanding Technology Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 3 and Top 5 Companies by Natural Language Understanding Technology Revenue in 2022
- 3.5 Global Gross Margin Natural Language Understanding Technology by Players
- 3.6 Mergers & Acquisitions, Expansion Plans
4 Natural Language Understanding Technology Breakdown Data by Type
- 4.1 Global Natural Language Understanding Technology Historic Market Size by Type (2018-2023)
- 4.2 Global Natural Language Understanding Technology Forecasted Market Size by Type (2024-2029)
5 Natural Language Understanding Technology Breakdown Data by Application
- 5.1 Global Natural Language Understanding Technology Historic Market Size by Application (2018-2023)
- 5.2 Global Natural Language Understanding Technology Forecasted Market Size by Application (2024-2029)
6 North America
- 6.1 North America Natural Language Understanding Technology Market Size (2018-2029)
- 6.2 North America Natural Language Understanding Technology Market Size by Type
- 6.2.1 North America Natural Language Understanding Technology Market Size by Type (2018-2023)
- 6.2.2 North America Natural Language Understanding Technology Market Size by Type (2024-2029)
- 6.2.3 North America Natural Language Understanding Technology Market Share by Type (2018-2029)
- 6.3 North America Natural Language Understanding Technology Market Size by Application
- 6.3.1 North America Natural Language Understanding Technology Market Size by Application (2018-2023)
- 6.3.2 North America Natural Language Understanding Technology Market Size by Application (2024-2029)
- 6.3.3 North America Natural Language Understanding Technology Market Share by Application (2018-2029)
- 6.4 North America Natural Language Understanding Technology Market Size by Country
- 6.4.1 North America Natural Language Understanding Technology Market Size by Country: 2018 VS 2022 VS 2029
- 6.4.2 North America Natural Language Understanding Technology Market Size by Country (2018-2023)
- 6.4.3 North America Natural Language Understanding Technology Market Share by Country (2024-2029)
- 6.4.4 United States
- 6.4.5 Canada
7 Europe
- 7.1 Europe Natural Language Understanding Technology Market Size (2018-2029)
- 7.2 Europe Natural Language Understanding Technology Market Size by Type
- 7.2.1 Europe Natural Language Understanding Technology Market Size by Type (2018-2023)
- 7.2.2 Europe Natural Language Understanding Technology Market Size by Type (2024-2029)
- 7.2.3 Europe Natural Language Understanding Technology Market Share by Type (2018-2029)
- 7.3 Europe Natural Language Understanding Technology Market Size by Application
- 7.3.1 Europe Natural Language Understanding Technology Market Size by Application (2018-2023)
- 7.3.2 Europe Natural Language Understanding Technology Market Size by Application (2024-2029)
- 7.3.3 Europe Natural Language Understanding Technology Market Share by Application (2018-2029)
- 7.4 Europe Natural Language Understanding Technology Market Size by Country
- 7.4.1 Europe Natural Language Understanding Technology Market Size by Country: 2018 VS 2022 VS 2029
- 7.4.2 Europe Natural Language Understanding Technology Market Size by Country (2018-2023)
- 7.4.3 Europe Natural Language Understanding Technology Market Size by Country (2024-2029)
- 7.4.4 Germany
- 7.4.5 France
- 7.4.6 U.K.
- 7.4.7 Spain
- 7.4.8 Italy
8 China
- 8.1 China Natural Language Understanding Technology Market Size (2018-2029)
- 8.2 China Natural Language Understanding Technology Market Size by Type
- 8.2.1 China Natural Language Understanding Technology Market Size by Type (2018-2023)
- 8.2.2 China Natural Language Understanding Technology Market Size by Type (2024-2029)
- 8.2.3 China Natural Language Understanding Technology Market Share by Type (2018-2029)
- 8.3 China Natural Language Understanding Technology Market Size by Application
- 8.3.1 China Natural Language Understanding Technology Market Size by Application (2018-2023)
- 8.3.2 China Natural Language Understanding Technology Market Size by Application (2024-2029)
- 8.3.3 China Natural Language Understanding Technology Market Share by Application (2018-2029)
9 Asia-Pacific (Ex.China)
- 9.1 Asia Natural Language Understanding Technology Market Size (2018-2029)
- 9.2 Asia Natural Language Understanding Technology Market Size by Type
- 9.2.1 Asia Natural Language Understanding Technology Market Size by Type (2018-2023)
- 9.2.2 Asia Natural Language Understanding Technology Market Size by Type (2024-2029)
- 9.2.3 Asia Natural Language Understanding Technology Market Share by Type (2018-2029)
- 9.3 Asia Natural Language Understanding Technology Market Size by Application
- 9.3.1 Asia Natural Language Understanding Technology Market Size by Application (2018-2023)
- 9.3.2 Asia Natural Language Understanding Technology Market Size by Application (2024-2029)
- 9.3.3 Asia Natural Language Understanding Technology Market Share by Application (2018-2029)
- 9.4 Asia Natural Language Understanding Technology Market Size by Region
- 9.4.1 Asia Natural Language Understanding Technology Market Size by Region: 2018 VS 2022 VS 2029
- 9.4.2 Asia Natural Language Understanding Technology Market Size by Region (2018-2023)
- 9.4.3 Asia Natural Language Understanding Technology Market Size by Region (2024-2029)
- 9.4.4 Japan
- 9.4.5 South Korea
- 9.4.6 Southeast Asia
- 9.4.7 India
10 Middle East, Africa, and Latin America
- 10.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size (2018-2029)
- 10.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Type
- 10.2.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Type (2018-2023)
- 10.2.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Type (2024-2029)
- 10.2.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Share by Type (2018-2029)
- 10.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Application
- 10.3.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Application (2018-2023)
- 10.3.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Application (2024-2029)
- 10.3.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Share by Application (2018-2029)
- 10.4 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country
- 10.4.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country: 2018 VS 2022 VS 2029
- 10.4.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country (2018-2023)
- 10.4.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country (2024-2029)
- 10.4.4 Brazil
- 10.4.5 Mexico
- 10.4.6 Latin America (Ex. Brazil and Mexico)
- 10.4.7 Middle East
- 10.4.8 Africa
11 Key Players Profiles
- 11.1 Microsoft
- 11.1.1 Microsoft Company Details
- 11.1.2 Microsoft Business Overview
- 11.1.3 Microsoft Natural Language Understanding Technology Introduction
- 11.1.4 Microsoft Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.2 IBM
- 11.2.1 IBM Company Details
- 11.2.2 IBM Business Overview
- 11.2.3 IBM Natural Language Understanding Technology Introduction
- 11.2.4 IBM Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.3 Google
- 11.3.1 Google Company Details
- 11.3.2 Google Business Overview
- 11.3.3 Google Natural Language Understanding Technology Introduction
- 11.3.4 Google Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.4 AWS
- 11.4.1 AWS Company Details
- 11.4.2 AWS Business Overview
- 11.4.3 AWS Natural Language Understanding Technology Introduction
- 11.4.4 AWS Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.5 Baidu
- 11.5.1 Baidu Company Details
- 11.5.2 Baidu Business Overview
- 11.5.3 Baidu Natural Language Understanding Technology Introduction
- 11.5.4 Baidu Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.6 RWS
- 11.6.1 RWS Company Details
- 11.6.2 RWS Business Overview
- 11.6.3 RWS Natural Language Understanding Technology Introduction
- 11.6.4 RWS Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.7 Lionbridge
- 11.7.1 Lionbridge Company Details
- 11.7.2 Lionbridge Business Overview
- 11.7.3 Lionbridge Natural Language Understanding Technology Introduction
- 11.7.4 Lionbridge Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.8 3M
- 11.8.1 3M Company Details
- 11.8.2 3M Business Overview
- 11.8.3 3M Natural Language Understanding Technology Introduction
- 11.8.4 3M Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.9 SAS Institute
- 11.9.1 SAS Institute Company Details
- 11.9.2 SAS Institute Business Overview
- 11.9.3 SAS Institute Natural Language Understanding Technology Introduction
- 11.9.4 SAS Institute Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.10 Tencent Cloud TMT
- 11.10.1 Tencent Cloud TMT Company Details
- 11.10.2 Tencent Cloud TMT Business Overview
- 11.10.3 Tencent Cloud TMT Natural Language Understanding Technology Introduction
- 11.10.4 Tencent Cloud TMT Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.11 Alibaba Cloud
- 11.11.1 Alibaba Cloud Company Details
- 11.11.2 Alibaba Cloud Business Overview
- 11.11.3 Alibaba Cloud Natural Language Understanding Technology Introduction
- 11.11.4 Alibaba Cloud Revenue in Natural Language Understanding Technology Business (2018-2023)
- 11.12 OpenAI
- 11.12.1 OpenAI Company Details
- 11.12.2 OpenAI Business Overview
- 11.12.3 OpenAI Natural Language Understanding Technology Introduction
- 11.12.4 OpenAI Revenue in Natural Language Understanding Technology Business (2018-2023)
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer