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Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42490 
  Pages: 110+  

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

Report Format: PDF DataSheet |   Pages: 110+  

 June 2024  | 

India AI Text-based NLP Market Growth and Performance

India AI Text-based NLP Market

  • 2023 saw the India AI text-based NLP market size rose to US$ 101.8 Million, marking a 39.0% YoY growth.
  • DataCube Research foresees, the AI text-based NLP market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 1.18 Billion by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 30.8% from 2024 to 2032.
  • Within the Indian AI text-based NLP market, our research highlights the dominance of the machine learning-based nlp segment, which claimed the largest market share of 47.6% 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 33.2% during the forecast period spanning 2024 to 2032.

India 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


*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]