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Publication: June 2024
Report Type: Sub-Tracker
Report Format: PDF DataSheet
Report ID: AI42488 
  Pages: 110+  

South Korea AI Text-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  | 

South Korea AI Text-based NLP Market Growth and Performance

South Korea AI Text-based NLP Market

  • It's evident that the South Korea AI text-based NLP market is on track to reach an impressive US$ 906.7 Million in revenue by 2032.
  • This growth trajectory is underpinned by an expected Compound Annual Growth Rate (CAGR) of 22.7% from 2024 to 2032, as forecasted by DataCube Research.
  • When analysing the dynamics within South Korean AI text-based NLP market landscape, it becomes apparent that the machine learning-based NLP segment carries significant potential. Projections suggest that by 2032, this segment will assert its dominance, boasting a market value of US$ 672.2 Million.
  • Looking ahead, industry experts are optimistic about the future of the healthcare sector. Throughout the forecast period, this sector is anticipated to undergo the most rapid expansion in terms of revenue generation, with a 25.1% CAGR.

South Korea AI Text-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

Machine Learning-based NL

Deep Learning-based NL

Rule-based NL

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 Servic

Content Creation and Managemen

Sentiment Analysis and Social Media Monitorin

Translation and Localizatio

Information Retrieval and Searc

Text Analytics and Data Minin
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*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]