Asia Pacific AI Language Translation NLP Market Size | 2019-2032

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

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: AI42593  | Publication: June 2024  |  US$925  |  

Asia Pacific AI Language Translation NLP Market Growth and Performance

Asia Pacific AI Language Translation NLP Market


  • In 2023, the Asia Pacific AI language translation NLP market size reached US$ 2.1 Million, growing by 16.7% compared to the previous year.
  • The AI language translation NLP market in Asia Pacific is projected to expand at a CAGR of 17.2% throughout the forecast period to reach US$ 8.9 Million in 2032.
  • Contribution by the text translation sub-segment to overall technology segment revenue is expected to surge to US$ 4.0 Million by 2032.
  • With 35.1% market share, the IT and telecom sector was the largest end-user vertical for prominent language translation NLP players in 2023

Asia Pacific AI Language Translation NLP Market Scope

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

 

Asia Pacific AI Language Translation NLP Industry: Regional Coverage

 

Countries

Asia Pacific

Japan

Australia

China

South Korea

India

Malaysia

Hong Kong

Indonesia

New Zealand

Rest of Asia Pacific

Thailand

Vietnam

Philippines

Taiwan

Singapore

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