Asia Pacific AI Text-based NLP Market Size | 2019-2032

Asia Pacific AI Text-based NLP Market Size and Forecast by Technology, Deployment Model, Industry, Organization Size, Application, and Country: 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: AI42562  | Publication: June 2024  |  US$745  |  

Asia Pacific AI Text-based NLP Market Growth and Performance

Asia Pacific AI Text-based NLP Market


Asia Pacific AI Text-based NLP Market Growth and Performance

  • In 2023, the Asia Pacific AI text-based NLP market size reached US$ 2.31 Billion, growing by 32.3% compared to previous year.
  • The AI text-based NLP market in Asia Pacific is projected to expand at a CAGR of 26.8% throughout the forecast period to reach US$ 20.26 Billion in 2032.
  • Contribution by the machine learning-based NLP sub-segment to overall technology segment revenue is expected to surge to US$ 12.40 Billion by 2032.
  • With 34.9% market share, the IT and telecom sector was the largest end-user vertical for prominent text-based NLP players in 2023

Asia Pacific AI Text-based NLP Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Technology

Machine Learning-based NLP

Deep Learning-based NLP

Rule-based NLP

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

Application

Customer Service

Content Creation and Management

Sentiment Analysis and Social Media Monitoring

Translation and Localization

Information Retrieval and Search

Text Analytics and Data Mining

 

Asia Pacific Text-based 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

 

For Enquiry