The natural language processing market is poised for remarkable expansion, with projections indicating that it could exceed a staggering US$ 140.23 billion by the year 2033. This substantial growth trajectory is fueled by an extraordinary CAGR of 23.4%. Natural language processing, a field at the intersection of artificial intelligence and linguistics, is revolutionizing the way we interact with technology, …
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Natural Language Processing NLP Market is projected to reach US$ 45 Bn by 2032
With growing inclination towards digital technology-based software throughout, the demand for Natural Language Processing (NLP) is expected to skyrocket in the forecast period. Along these lines, Apple Inc. plans launching next-gen 5G infrastructure. It has, in fact, announced investing close to US$ 430 Bn for developing 5G for the US economy till the year 2026. …
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Natural Language Processing NLP Market is projected to reach US$ 45 Bn by 2032
The market for natural language processing (NLP) is expected to reach US$ 45 billion, growing at a CAGR of 23%. (2022-2032). The total market sales for NLP are projected to increase by 3.8x and reach more than US$ 14 Bn. North America holds the largest market share. The increasing usage of NLP in end-user industries is responsible …
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