x
  • Search Result for

Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42586 
  Pages: 110+  

Nigeria AI Speech-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  | 

Nigeria AI Speech-based NLP Market Growth and Performance

Nigeria AI Speech-based NLP Market

  • By 2032, revenue in the Nigeria AI speech-based NLP market is expected to reach US$ 1.40 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 36.4% from 2024 to 2032.
  • By technology, the preeminent segment is expected to be automatic speech recognition (ASR), with a market valuation of US$ 623.8 Million in 2032.
  • Among various end users in Nigeria, IT and Telecom sector was valued at US$ 32.6 Million in 2023.
  • Further, it's projected that 40.3% of the total revenue in the Nigeria AI speech-based NLP market will be attributed to IT and Telecom end user by 2032.

Nigeria AI Speech-based NLP Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Technology

Automatic Speech Recognition (ASR

Natural Language Understanding (NLU

Language Generation and Synthesi

Speaker Recognition and Diarizatio

Sentiment Analysis and Emotion Detectio

Deployment Model

On-premis

Cloud-base

Hybri

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprise

Mid Enterprise

Small Enterprise

Application

Customer Service and Suppor

Virtual Assistants and Chatbot

Transcription and Voice-to-Tex

Voice Command and Contro

Voice Biometrics and Securit


*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]