GCC Text-based NLP Market Size | 2019-2032

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

Avalibale Format*:   Pivot  |  ReportID: AI42457  |  Coverage: REGIONAL | Type: DataBook
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: June 2024   

GCC Text-based NLP Market Growth and Performance

GCC Text-based NLP Market


  • The text-based NLP market size in GCC increased to US$ 63.9 Million in 2023, with a year-on-year growth rate of 19.9%.
  • By the end of 2032, the GCC text-based NLP market is on track to achieve US$ 264.4 Million, with a forecasted Compound Annual Growth Rate (CAGR) of 17.1% throughout the forecast period.
  • The machine learning-based nlp segment is estimated to hold the largest market share of 61.0% and be valued at US$ 161.3 Million in 2032.
  • In 2032, 43.7% of the total spending in the GCC text-based NLP market is forecasted to come from Saudi Arabia.

GCC 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

 

GCC Text-Based NLP Industry: Regional Coverage

  Countries
GCC Saudi Arabia
UAE
Qatar
Kuwait
Oman
For Enquiry