Natural Language Generation Market Key Vendors, Trends and Forecast by 2031

MARKET INTRODUCTION

Natural language generation is a technology used to convert structured data into simple English language. Natural language generation helps organizations to produce long-form content for organizations to automate custom reports. The natural language generation market is primarily driven by the adoption of AI across various industrial verticals and robust needs to understand the customer's behavior. The e-commerce industry is expected to hold a significant market share during the forecast period.

MARKET DYNAMICS

Growing demand to understand customer behavior and the introduction of big data-related technologies are the significant factors that are expected to drive the growth of the natural language generation market. However, the lack of skilled employees to deploy natural language generation might hinder the increase if the market. The increasing demand for intelligent business processes is creating opportunities for companies operating in the market to gain a significant market share.

MARKET SCOPE

The "Global Natural Language Generation Market Analysis to 2031" is a specialized and in-depth study of the natural language generation industry with a special focus on the global market trend analysis. The report aims to provide an overview of natural language generation market with detailed market segmentation by offering, application, deployment, industry vertical and geography. The global natural language generation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Natural language generation market players and offers key trends and opportunities in the natural language generation market.

MARKET SEGMENTATION

The global natural language generation market is segmented on the basis of offering, application, deployment, industry vertical. On the basis of offering the market is segmented as software and services. Based on application the market is segmented as fraud detection and anti-money laundering, predictive maintenance, risk and compliance management, customer experience management, others. Based on deployment the market is segmented as on premise and cloud. On the basis of industry vertical, the market is segmented as retail and ecommerce, government and defence, healthcare and life sciences, manufacturing, Telecom and IT, media and entertainment, energy and utilities, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global natural language generation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Natural language generation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting natural language generation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Natural language generation market in these regions.

MARKET PLAYERS

The reports cover key developments in the Natural language generation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Natural language generation market are anticipated to lucrative growth opportunities in the future with the rising demand for Natural language generation in the global market. Below mentioned is the list of few companies engaged in the Natural language generation market.

The report also includes the profiles of key Natural language generation companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Arria NLG PLC

- Automated Insights, Inc.

- AX Semantics

- Conversica, Inc.

- IBM Corporation

- Narrativa

- Narrative Science

- Retresco GmbH

- Vphrase

- Yseop

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Natural Language Generation Report Scope