BRICS AI Language Translation NLP Market Size | 2019-2032

BRICS 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: AI42598  | Publication: June 2024  |  US$745  |  

BRICS AI Language Translation NLP Market Growth and Performance

BRICS AI Language Translation NLP Market


  • The AI language translation NLP market size in BRICS increased to US$ 917.6 Thousand in 2023, with a year-on-year growth rate of 23.2%.
  • By the end of 2032, the BRICS AI language translation NLP market is on track to achieve US$ 4.3 Million, with a forecasted Compound Annual Growth Rate (CAGR) of 18.3% throughout the forecast period.
  • The text translation segment is estimated to hold the largest market share of 42.7% and be valued at US$ 1.8 Million in 2032.
  • In 2032, 62.0% of the total spending in the BRICS AI language translation NLP market is forecasted to come from China.

BRICS 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

 

BRICS AI Language Translation NLP Industry: Regional Coverage

 

Countries

BRICS

Brazil

Russia

India

China

South Africa

For Enquiry