New Zealand Speech-based NLP Market Size | 2019-2032

New Zealand Speech-based NLP Market Analysis, Size, and Forecast by Technology, Deployment Model, Industry, Organization Size, and Application: 2019-2032

Avalibale Format*:   Pivot  |  ReportID: AI42568  |  Coverage: COUNTRY | Type: DataBook
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: June 2024   

New Zealand Speech-based NLP Market Growth and Performance

New Zealand Speech-based NLP Market


  • The New Zealand speech-based NLP market saw a 25.4% increase in 2023 reaching a value of US$ 94.1 Million.
  • This market in New Zealand is projected to register a compound annual growth rate (CAGR) of 24.6% from 2024 to 2032, resulting in a forecasted market value of US$ 677.3 Million by the end of 2032.
  • When analysed at a segmental level, in the speech-based NLP market in New Zealand the automatic speech recognition (ASR) segment generated the highest revenue in 2023.
  • In the New Zealand market, the largest end user sector will be IT and telecom, with a total market value of US$ 215.6 Million in 2032.

New Zealand Speech-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

Automatic Speech Recognition (ASR)

Natural Language Understanding (NLU)

Language Generation and Synthesis

Speaker Recognition and Diarization

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 and Support

Virtual Assistants and Chatbots

Transcription and Voice-to-Text

Voice Command and Control

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