Natural language understanding (NLU) is a branch of artificial intelligence (AI) that uses computer software to understand input in the form of sentences using text or speech. NLU enables human-computer interaction by analyzing language versus just words. In this report, NLP hardware is out of the scope statistics of report, such as translation pens, etc.
NLU enables computers to understand the sentiments expressed in a natural language used by humans, such as English, French or Mandarin, without the formalized syntax of computer languages. NLU also enables computers to communicate back to humans in their own languages.
Market Analysis and Insights: Global Natural Language Understanding Technology Market
The global Natural Language Understanding Technology market is projected to grow from US$ 2749.7 million in 2024 to US$ 12510 million by 2030, at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period.
In the global market, the key players of Natural Language Understanding Technology (NLUT) are mainly Microsoft, IBM, and Google. The top three players within this industry account for about 30% of the market share. North America, Europe, Japan, and China are the major manufacturing regions for this product, with North America accounting for about 55% of the global market share. The product can be categorised into cloud and on premise products on the basis of product type. The product is widely used in B-side customer base, C-side customer base, government and defence.
Report Covers:
This report presents an overview of global market for Natural Language Understanding Technology market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Natural Language Understanding Technology, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Natural Language Understanding Technology, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Natural Language Understanding Technology revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Natural Language Understanding Technology market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Technology and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Natural Language Understanding Technology revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Microsoft
IBM
Google
AWS
Baidu
RWS
Lionbridge Technologies
3M
SAS Institute
Tencent Cloud TMT
Alibaba Cloud
OpenAI
Segment by Technology
Cloud Based
On Premise
Segment by Application
B-end Customer
C-end Customer
Government and Defense
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Natural Language Understanding Technology in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Natural Language Understanding Technology companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Technology, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Technology, by Application and by country, revenue for each segment.
Chapter 7: Europe by Technology, by Application and by country, revenue for each segment.
Chapter 8: China by Technology, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Technology, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Technology, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Natural Language Understanding Technology revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Technology
1.2.1 Global Natural Language Understanding Technology Market Size Growth Rate by Technology, 2019 VS 2023 VS 2030
1.2.2 Cloud Based
1.2.3 On Premise
1.3 Market by Application
1.3.1 Global Natural Language Understanding Technology Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 B-end Customer
1.3.3 C-end Customer
1.3.4 Government and Defense
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Natural Language Understanding Technology Market Perspective (2019-2030)
2.2 Global Natural Language Understanding Technology Growth Trends by Region
2.2.1 Natural Language Understanding Technology Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Natural Language Understanding Technology Historic Market Size by Region (2019-2024)
2.2.3 Natural Language Understanding Technology Forecasted Market Size by Region (2025-2030)
2.3 Natural Language Understanding Technology Market Dynamics
2.3.1 Natural Language Understanding Technology Industry Trends
2.3.2 Natural Language Understanding Technology Market Drivers
2.3.3 Natural Language Understanding Technology Market Challenges
2.3.4 Natural Language Understanding Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Natural Language Understanding Technology by Players
3.1.1 Global Natural Language Understanding Technology Revenue by Players (2019-2024)
3.1.2 Global Natural Language Understanding Technology Revenue Market Share by Players (2019-2024)
3.2 Global Natural Language Understanding Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Natural Language Understanding Technology, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Natural Language Understanding Technology Market Concentration Ratio
3.4.1 Global Natural Language Understanding Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Natural Language Understanding Technology Revenue in 2023
3.5 Global Key Players of Natural Language Understanding Technology Head office and Area Served
3.6 Global Key Players of Natural Language Understanding Technology, Product and Application
3.7 Global Key Players of Natural Language Understanding Technology, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Natural Language Understanding Technology Breakdown Data by Technology
4.1 Global Natural Language Understanding Technology Historic Market Size by Technology (2019-2024)
4.2 Global Natural Language Understanding Technology Forecasted Market Size by Technology (2025-2030)
5 Natural Language Understanding Technology Breakdown Data by Application
5.1 Global Natural Language Understanding Technology Historic Market Size by Application (2019-2024)
5.2 Global Natural Language Understanding Technology Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Natural Language Understanding Technology Market Size (2019-2030)
6.2 North America Natural Language Understanding Technology Market Size by Technology
6.2.1 North America Natural Language Understanding Technology Market Size by Technology (2019-2024)
6.2.2 North America Natural Language Understanding Technology Market Size by Technology (2025-2030)
6.2.3 North America Natural Language Understanding Technology Market Share by Technology (2019-2030)
6.3 North America Natural Language Understanding Technology Market Size by Application
6.3.1 North America Natural Language Understanding Technology Market Size by Application (2019-2024)
6.3.2 North America Natural Language Understanding Technology Market Size by Application (2025-2030)
6.3.3 North America Natural Language Understanding Technology Market Share by Application (2019-2030)
6.4 North America Natural Language Understanding Technology Market Size by Country
6.4.1 North America Natural Language Understanding Technology Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Natural Language Understanding Technology Market Size by Country (2019-2024)
6.4.3 North America Natural Language Understanding Technology Market Size by Country (2025-2030)
6.4.4 United States
6.4.5 Canada
7 Europe
7.1 Europe Natural Language Understanding Technology Market Size (2019-2030)
7.2 Europe Natural Language Understanding Technology Market Size by Technology
7.2.1 Europe Natural Language Understanding Technology Market Size by Technology (2019-2024)
7.2.2 Europe Natural Language Understanding Technology Market Size by Technology (2025-2030)
7.2.3 Europe Natural Language Understanding Technology Market Share by Technology (2019-2030)
7.3 Europe Natural Language Understanding Technology Market Size by Application
7.3.1 Europe Natural Language Understanding Technology Market Size by Application (2019-2024)
7.3.2 Europe Natural Language Understanding Technology Market Size by Application (2025-2030)
7.3.3 Europe Natural Language Understanding Technology Market Share by Application (2019-2030)
7.4 Europe Natural Language Understanding Technology Market Size by Country
7.4.1 Europe Natural Language Understanding Technology Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Natural Language Understanding Technology Market Size by Country (2019-2024)
7.4.3 Europe Natural Language Understanding Technology Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Natural Language Understanding Technology Market Size (2019-2030)
8.2 China Natural Language Understanding Technology Market Size by Technology
8.2.1 China Natural Language Understanding Technology Market Size by Technology (2019-2024)
8.2.2 China Natural Language Understanding Technology Market Size by Technology (2025-2030)
8.2.3 China Natural Language Understanding Technology Market Share by Technology (2019-2030)
8.3 China Natural Language Understanding Technology Market Size by Application
8.3.1 China Natural Language Understanding Technology Market Size by Application (2019-2024)
8.3.2 China Natural Language Understanding Technology Market Size by Application (2025-2030)
8.3.3 China Natural Language Understanding Technology Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Natural Language Understanding Technology Market Size (2019-2030)
9.2 Asia Natural Language Understanding Technology Market Size by Technology
9.2.1 Asia Natural Language Understanding Technology Market Size by Technology (2019-2024)
9.2.2 Asia Natural Language Understanding Technology Market Size by Technology (2025-2030)
9.2.3 Asia Natural Language Understanding Technology Market Share by Technology (2019-2030)
9.3 Asia Natural Language Understanding Technology Market Size by Application
9.3.1 Asia Natural Language Understanding Technology Market Size by Application (2019-2024)
9.3.2 Asia Natural Language Understanding Technology Market Size by Application (2025-2030)
9.3.3 Asia Natural Language Understanding Technology Market Share by Application (2019-2030)
9.4 Asia Natural Language Understanding Technology Market Size by Region
9.4.1 Asia Natural Language Understanding Technology Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Natural Language Understanding Technology Market Size by Region (2019-2024)
9.4.3 Asia Natural Language Understanding Technology Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Technology
10.2.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Technology (2019-2024)
10.2.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Technology (2025-2030)
10.2.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Share by Technology (2019-2030)
10.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Application
10.3.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country
10.4.1 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Natural Language Understanding Technology Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Microsoft
11.1.1 Microsoft Company Details
11.1.2 Microsoft Business Overview
11.1.3 Microsoft Natural Language Understanding Technology Introduction
11.1.4 Microsoft Revenue in Natural Language Understanding Technology Business (2019-2024)
11.1.5 Microsoft Recent Developments
11.2 IBM
11.2.1 IBM Company Details
11.2.2 IBM Business Overview
11.2.3 IBM Natural Language Understanding Technology Introduction
11.2.4 IBM Revenue in Natural Language Understanding Technology Business (2019-2024)
11.2.5 IBM Recent Developments
11.3 Google
11.3.1 Google Company Details
11.3.2 Google Business Overview
11.3.3 Google Natural Language Understanding Technology Introduction
11.3.4 Google Revenue in Natural Language Understanding Technology Business (2019-2024)
11.3.5 Google Recent Developments
11.4 AWS
11.4.1 AWS Company Details
11.4.2 AWS Business Overview
11.4.3 AWS Natural Language Understanding Technology Introduction
11.4.4 AWS Revenue in Natural Language Understanding Technology Business (2019-2024)
11.4.5 AWS Recent Developments
11.5 Baidu
11.5.1 Baidu Company Details
11.5.2 Baidu Business Overview
11.5.3 Baidu Natural Language Understanding Technology Introduction
11.5.4 Baidu Revenue in Natural Language Understanding Technology Business (2019-2024)
11.5.5 Baidu Recent Developments
11.6 RWS
11.6.1 RWS Company Details
11.6.2 RWS Business Overview
11.6.3 RWS Natural Language Understanding Technology Introduction
11.6.4 RWS Revenue in Natural Language Understanding Technology Business (2019-2024)
11.6.5 RWS Recent Developments
11.7 Lionbridge Technologies
11.7.1 Lionbridge Technologies Company Details
11.7.2 Lionbridge Technologies Business Overview
11.7.3 Lionbridge Technologies Natural Language Understanding Technology Introduction
11.7.4 Lionbridge Technologies Revenue in Natural Language Understanding Technology Business (2019-2024)
11.7.5 Lionbridge Technologies Recent Developments
11.8 3M
11.8.1 3M Company Details
11.8.2 3M Business Overview
11.8.3 3M Natural Language Understanding Technology Introduction
11.8.4 3M Revenue in Natural Language Understanding Technology Business (2019-2024)
11.8.5 3M Recent Developments
11.9 SAS Institute
11.9.1 SAS Institute Company Details
11.9.2 SAS Institute Business Overview
11.9.3 SAS Institute Natural Language Understanding Technology Introduction
11.9.4 SAS Institute Revenue in Natural Language Understanding Technology Business (2019-2024)
11.9.5 SAS Institute Recent Developments
11.10 Tencent Cloud TMT
11.10.1 Tencent Cloud TMT Company Details
11.10.2 Tencent Cloud TMT Business Overview
11.10.3 Tencent Cloud TMT Natural Language Understanding Technology Introduction
11.10.4 Tencent Cloud TMT Revenue in Natural Language Understanding Technology Business (2019-2024)
11.10.5 Tencent Cloud TMT Recent Developments
11.11 Alibaba Cloud
11.11.1 Alibaba Cloud Company Details
11.11.2 Alibaba Cloud Business Overview
11.11.3 Alibaba Cloud Natural Language Understanding Technology Introduction
11.11.4 Alibaba Cloud Revenue in Natural Language Understanding Technology Business (2019-2024)
11.11.5 Alibaba Cloud Recent Developments
11.12 OpenAI
11.12.1 OpenAI Company Details
11.12.2 OpenAI Business Overview
11.12.3 OpenAI Natural Language Understanding Technology Introduction
11.12.4 OpenAI Revenue in Natural Language Understanding Technology Business (2019-2024)
11.12.5 OpenAI Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Microsoft
IBM
Google
AWS
Baidu
RWS
Lionbridge Technologies
3M
SAS Institute
Tencent Cloud TMT
Alibaba Cloud
OpenAI
听
听
*If Applicable.
