ASEAN AI Natural Language Processing Market Size | 2019-2032

ASEAN AI Natural Language Processing Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: AI42641  | Publication: June 2024  |  US$925  |  

ASEAN AI Natural Language Processing Market Growth and Performance

ASEAN AI Natural Language Processing Market


  • In 2023, the ASEAN AI natural language processing market size reached US$ 1.09 Billion, growing by 34.6% compared to previous year.
  • The AI natural language processing market in ASEAN is projected to expand at a CAGR of 29.2% throughout the forecast period to reach US$ 11.39 Billion in 2032.
  • Contribution by the speech-based NLP sub-segment to overall type segment revenue is expected to surge to US$ 8.77 Billion by 2032.
  • With 38.0% market share, the IT and telecom sector was the largest end-user vertical for prominent natural language processing players in 2023

ASEAN AI Natural Language Processing Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Language Translation NLP

Speech-based NLP

Text-based NLP

Deployment Model

Cloud-based

Hybrid

On-premise

Industry

BFSI

Energy and Power

Healthcare

IT and Telecom

Manufacturing

Media and Entertainment

Other

Public Sector

Retail

Transportation and Logistics

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

 

ASEAN AI Natural Language Processing Industry: Regional Coverage

 

Countries

ASEAN

Indonesia

Malaysia

Philippines

Singapore

Thailand

Vietnam

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