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Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42454 
  Pages: 160+  

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

Report Format: PDF DataSheet |   Pages: 160+  

 June 2024  | 

Europe AI Text-based NLP Market Growth and Performance

Europe AI Text-based NLP Market

  • In 2023, the Europe AI text-based NLP market was valued at US$ 1.49 Billion, reflecting a year-on-year growth rate of 30.5%.
  • By the end of 2032, the Europe AI text-based NLP market size is forecast to reach US$ 8.94 Billion, registering a CAGR of 21.3% during the forecast period.
  • In 2032, the machine learning-based NLP segment is projected to experience a significant upsurge in market revenue, reaching US$ 5.57 Billion. This segment is likely to be the largest segment, with 61.7% market share.
  • In terms of spending on associated solutions and services, IT and telecom sector dominated the AI text-based NLP market in Europe in 2023.

Europe 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

 

Europe AI Text-Based NLP Industry: Regional Coverage

 

Countries

Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Russia

Poland

Rest of Europe