North America AI Text-based NLP Market Size | 2019-2032

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

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: AI42437  | Publication: July 2024  |  US$925  |  

North America AI Text-based NLP Market Growth and Performance

North America AI Text-based NLP Market


  • In 2023, the AI text-based NLP market size in North America hit US$ 2.28 Billion, representing a 29.1% year-on-year growth.
  • Among the various segments, the machine learning-based nlp segment dominated with a market value of US$ 1.08 Billion in the same year.
  • Regionally, it was noteworthy that the AI text-based NLP market in the United States led in terms of revenue generation, with a considerable amount of US$ 2.06 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 text-based NLP industry in 2023.

North America 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

 

North America AI Text-Based NLP Industry: Regional Coverage

 

Countries

North America

US

Canada

Mexico

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