GCC Natural Language Processing Market Size | 2019-2032

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

Avalibale Format*:   Pivot  |  ReportID: AI42643  |  Coverage: REGIONAL | Type: DataBook
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: June 2024   

GCC Natural Language Processing Market Growth and Performance

GCC Natural Language Processing Market


  • The natural language processing market size in GCC increased to US$ 308.2 Million in 2023, with a year-on-year growth rate of 20.2%.
  • By the end of 2032, the GCC natural language processing market is on track to achieve US$ 1.44 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 18.8% throughout the forecast period.
  • The speech-based NLP segment is estimated to hold the largest market share of 65.6% and be valued at US$ 947.4 Million in 2032.
  • In 2032, 45.5% of the total spending in the GCC natural language processing market is forecasted to come from Saudi Arabia.

GCC Natural Language Processing Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Language Translation NLP

Speech-based NLP

Text-based NLP

Deployment Model

Cloud-based

Hybrid

On-premise

Industry

BFSI

Energy and Power

Healthcare

IT and Telecom

Manufacturing

Media and Entertainment

Other

Public Sector

Retail

Transportation and Logistics

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

GCC Natural Language Processing Industry: Regional Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Zimbabwe

For Enquiry