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Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42456 
  Pages: 160+  

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

 June 2024   

BRICS AI Text-based NLP Market Growth and Performance

BRICS AI Text-based NLP Market

  • The AI text-based NLP market size in BRICS increased to US$ 1.09 Billion in 2023, with a year-on-year growth rate of 41.5%.
  • By the end of 2032, the BRICS AI text-based NLP market is on track to achieve US$ 13.48 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 31.4% throughout the forecast period.
  • The machine learning-based nlp segment is estimated to hold the largest market share of 58.4% and be valued at US$ 7.87 Billion in 2032.
  • In 2032, 81.1% of the total spending in the BRICS AI text-based NLP market is forecasted to come from China.

BRICS 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

 

BRICS AI Text-Based NLP Industry: Regional Coverage

 

Countries

BRICS

Brazil

Russia

India

China

South Africa