Nordics Text-based NLP Market Size | 2019-2032

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

Avalibale Format*:   Pivot  |  ReportID: AI42479  |  Coverage: COUNTRY | Type: DataBook
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: June 2024   

Nordics Text-based NLP Market Growth and Performance

Nordics Text-based NLP Market


  • In 2023, the Nordics text-based NLP market recorded a revenue of US$ 218.0 Million with a year-over-year growth of 32.7%.
  • The revenue growth within the text-based NLP market in Nordics is projected to demonstrate a Compound Annual Growth Rate (CAGR) of 18.9% during the forecast period (2024-2032), reaching US$ 1.14 Billion in 2032.
  • Within the technology segment, the machine learning-based nlp is expected to maintain dominance in 2032, capturing 65.8% market share in the country.
  • By 2032, in the Nordics text-based NLP market, 40.1% of the total revenue is predicted to be generated by IT and telecom end user.

Nordics 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

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