North America AI Natural Language Processing Market Size | 2019-2032

North America AI Natural Language Processing Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: AI42621  | Publication: June 2024  |  US$925  |  

North America AI Natural Language Processing Market Growth and Performance

North America AI Natural Language Processing Market


  • In 2023, the AI natural language processing market size in North America hit US$ 10.23 Billion, representing a 24.9% year-on-year growth.
  • Among the various segments, the speech-based NLP segment dominated with a market value of US$ 5.77 Billion in the same year.
  • Regionally, it was noteworthy that the AI natural language processing market in the United States led in terms of revenue generation, with a considerable amount of US$ 9.18 Billion in 2023.
  • Among the diverse end users, IT and telecom was the largest end-user vertical in terms of spending in the North American AI natural language processing industry in 2023.

North America AI Natural Language Processing Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Language Translation NLP

Speech-based NLP

Text-based NLP

Deployment Model

Cloud-based

Hybrid

On-premise

Industry

BFSI

Energy and Power

Healthcare

IT and Telecom

Manufacturing

Media and Entertainment

Other

Public Sector

Retail

Transportation and Logistics

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

North America AI Natural Language Processing Industry: Regional Coverage

 

Countries

North America

US

Canada

Mexico

 

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