New report published by Data Bridge Market Research Which offers insights on the “Global Natural Language Generation Market”. The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. A thorough analysis of these elements has been accepted for defining the future growth prospects of the Global Natural Language Generation Market. This research report helps provide insights into innovations, opportunities and new development in the Natural Language Generation and its connected industries. It includes vital trends and dynamics of the market at regional level for the given forecast period. “Natural Language Generation “is a practice that helps organizations to improve performance by analyzing existing organizations’ problems and developing improvement plans. Organizations can leverage the services of management consultants for a variety of reasons, including external (and perhaps objective) advice and access to consultant expertise.
The Global Natural Language Generation Market accounted for USD 279.5 million in 2017 and is projected to grow at a CAGR of 21.1% during the forecast period of 2018 to 2025.
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Key players/Competitors Profiled in this report are:
IBM, Apple, Microsoft, Automated Insights, Inc., Amazon Web Services, Inc., SAS, AX Semantics, Phrasetech, NARRATIVEWAVE, Yseop, Narrativa, Artificial Solutions, CoGenTex, Narrative Science, Conversica, Linguastat, Textual Relations, Phrasee, Retresco, 2txt – natural language generation GmbH and vPhrase, Dolbey, NetBase Solutions, Inc., Verint-Systems, NewsRx LLC, Arria NLG plc among others
A bird’s eye view of the Natural Language Generation Industry made available in the report helps readers to understand the key drivers, restraints, challenges, and opportunities that are shaping the Natural Language Generation market. Furthermore, the report evaluates challenges experienced from buyers and sellers side.
For a pervasive understanding of the market, business strategies and latest developments of the vital players accompanied with co-development deals and market size have also been enclosed. Briefly citing, their revenue share, contact information and meticulous SWOT analysis is available. The regions which have been studied in depth are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. This helps gain better idea about the spread of this particular market in respective regions.
The report takes a close and analytical look at the various companies that strive for a higher share of the Natural Language Generation Market. Data on the leading and fastest-growing segments along with what drives them has been given.
This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria.
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Market Segmentation: Global Natural Language Generation Market
On the basis of application
- predictive maintenance,
- fraud detection and anti-money laundering,
- customer experience management,
- risk and compliance management
- Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).
- North America (US, Canada, Mexico).
- Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe.
- South America (Brazil, Argentina, Rest of South America).
- Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa
Based on component,
Services are sub segmented into professional services and managed services. Professional services are further sub segmented into consulting services and training and support.
On the basis of business function,
- marketing and sales,
- human resources and legal
On the basis of deployment model,
- on premises
On the basis of organization size,
- small and medium sized
- large sized enterprise
On the basis of end-users
- financial services, and insurance (BFSI),
- energy and utilities,
- transportation and logistics and others
Major Market Drivers and Restraints:
- Proliferation of big data and the related technologies
- Rising demand for intelligent business processes
- Strong necessity with respect to recognize customers behavior
- Lack of skilled professionals
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