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

  June 2024   | Format: PDF DataSheet |   Pages: 160+ | Type: Sub-Industry Report |   

 

BRICS AI Natural Language Processing Market Growth and Performance

  • The AI natural language processing market size in BRICS increased to US$ 4.79 Billion in 2023, with a year-on-year growth rate of 37.2%.
  • By the end of 2032, the BRICS AI natural language processing market is on track to achieve US$ 51.07 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 29.4% throughout the forecast period.
  • The speech-based NLP segment is estimated to hold the largest market share of 65.2% and be valued at US$ 33.32 Billion in 2032.
  • In 2032, 70.7% of the total spending in the BRICS AI natural language processing market is forecasted to come from China.

BRICS AI Natural Language Processing Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Type

Language Translation NL

Speech-based NL

Text-based NL

Deployment Model

Cloud-base

Hybri

On-premis

Industry

BFSI

Energy and Power

Healthcare

IT and Telecom

Manufacturing

Media and Entertainment

Other

Public Sector

Retail

Transportation and Logistics

Organization Size

Large Enterprise

Mid Enterprise

Small Enterprise

BRICS AI Natural Language Processing Industry: Regional Coverage

 

Countries

BRICS

Brazi

Russi

Indi

Chin

South Afric
*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

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