Publication: June 2024
Report Type: Niche Report
Report Format:
Report ID: AI42597
Pages: 160+

ASEAN AI Language Translation NLP Market Size and Forecast by Technology, Deployment Model, Industry, Organization Size, Language Pair, and Country: 2019-2032

June 2024

ASEAN AI Language Translation NLP Market Growth and Performance

In 2023, the ASEAN AI language translation NLP market size reached US$ 275.4 Thousand, growing by 24.0% compared to previous year.
The AI language translation NLP market in ASEAN is projected to expand at a CAGR of 19.6% throughout the forecast period to reach US$ 1.4 Million in 2032.
Contribution by the text translation sub-segment to overall technology segment revenue is expected to surge to US$ 693.8 Thousand by 2032.
With 38.4% market share, the IT and telecom sector was the largest end-user vertical for prominent language translation NLP players in 2023.

Analysis Period	2019-2032
Actual Data	2019-2023
Base Year	2023
Estimated Year	2024
CAGR Period	2024-2032
	Research Scope
Technology	Text Translation
	Speech Translation
	Multimodal Translation
	Customization and Adaptation
Deployment Model	On-premise
	Cloud-based
	Hybrid
Industry	IT and Telecom
	Media and Entertainment
	Energy and Power
	Transportation and Logistics
	Healthcare
	BFSI
	Retail
	Manufacturing
	Public Sector
	Other
Organization Size	Large Enterprises
	Mid Enterprises
	Small Enterprises
Language Pair	Major Languages
	Regional and Minority Languages
	Language Families
	Bidirectional Translation

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