Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42616 
  Pages: 110+
 

India AI Language Translation NLP Market Analysis, Size, and Forecast by Technology, Deployment Model, Industry, Organization Size, and Language Pair: 2019-2032

 June 2024   

India AI Language Translation NLP Market Growth and Performance


  • 2023 saw the India AI language translation NLP market size rose to US$ 85.3 Thousand, marking a 16.6% YoY growth.
  • DataCube Research foresees, the AI language translation NLP market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 928.6 Thousand by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 30.9% from 2024 to 2032.
  • Within the Indian AI language translation NLP market, our research highlights the dominance of the text translation segment, which claimed the largest market share of 56.2% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 33.3% during the forecast period spanning 2024 to 2032.

India AI Language Translation NLP Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Technology

Text Translation

Speech Translation

Multimodal Translation

Customization and Adaptation

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

Language Pair

Major Languages

Regional and Minority Languages

Language Families

Bidirectional Translation