Boston, MA -- (SBWIRE) -- 11/08/2013 -- Natural Language is easier for humans to learn and exercise but difficult for computers to comprehend. It is accepted fact that machines have proven their potential in computationally intensive tasks. However, they still fall short to master the basics of spoken and written languages. Natural language processing is a human to computer interaction, which analyses and understands both spoken and written forms of human languages. It helps computers in formulating basic and advanced levels of interactions with humans. This form of communications assists the computer to perform various other additional tasks. Few such applications include processing of large amounts of data by utilizing natural language processing for information retrieval, information extraction, automatic summarization, machine translation and dialogue systems. The prominent market players using this technology for various applications are IBM, SAS, Nuance Communications, Microsoft, 3M, M*Modal, Fuji Xerox and NetBase.

View Full Report Details and Table of Contents

The report provides a comprehensive analysis of the major market drivers, restraints, opportunities, challenges and addressed the key issues in the natural language processing market. The report also analyzes global adoption trends and future potential areas of adoption across the different technologies. Furthermore, the report gives detailed analysis on global trends and forecasts, competitive landscape and analysis on VC funding and M&A, related to Natural Language Processing market.

The Natural Language Processing market research report categorizes the global market on the basis of types, technologies, services, verticals, applications and regions. It also forecasts volumes, revenues and analyzes trends in each of the submarkets:

On the basis of types: We have segmented market based on types namely, rule based NLP, statistical NLP and hybrid NLP solutions currently available in the market.

The market is segmented into technologies and services as described below:

On the basis of services: This segment includes services, such as installation and maintenance, training and certification, consulting, and other services.

On the basis of technologies: The report covers the following major Natural Language Processing technologies in the market:

Recognition technologies - This segment includes technologies, such as Interactive Voice Response (IVR), Optical Character Recognition (OCR), and pattern and image recognition
Operational Technologies - This segment includes technologies, such as auto coding and, classification and categorization technologies
Analytics Technologies - This segment includes technologies, such as text analytics, and speech analytics

The market is further segmented into solutions provided to enterprise market and consumer market, as given below:

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Software research reports at Fast Market Research

You may also be interested in these related reports:

- Cloud Based Business Analytics Market: Cloud BI, Predictive; Text; Web; Speech; Machine; & Video Analytics, Delivery Models, Market Trends, Enterprise Roadmap - Global Forecast and Analysis (2013 - 2018)
- Customer Experience Management (CEM) Market -[VOC Analytics, Feedback Management, Web Analytics, Text Analytics, Speech Analytics] Advanced Technologies, Touch Points, Adoption Trends, Market Size & Forecasts (2012 - 2017)
- Security Analytics Market By Types (Network Security, Application Security, Data And Information Security, Physical Security, Mobile Security) - Worldwide Market Forecasts And Analysis (2013 - 2018)
- Predictive Analytics Market [(Fraud, Risk, Marketing, Operations), Verticals (BFSI, Healthcare, Environment, Government Retail, Energy, Manufacturing, Transportation, Travel, Telecom, Sports)]: Worldwide Market Forecasts and Analysis (2013 - 2018)
- Big Data Market By Types (Hardware; Software; Services; BDaaS - HaaS; Analytics; Visualization as Service); By Software (Hadoop, Big Data Analytics and Databases, System Software (IMDB, IMC): Worldwide Forecasts & Analysis (2013 - 2018)
- Intelligent Video Analytics (IVA) Market: By Hardware, Software, Technologies & Systems, Architectures, Area of Operation, & Vertical Applications - Worldwide Market Forecasts & Analysis (2012 - 2017)
- Physical Security Market By Products (Video surveillance, Access Control, Biometrics, Intrusion Detection, Security Systems), Services (Remote Management, Technical Support, Security Consulting) Worldwide Market Forecasts and Analysis (2013 - 2018)
- Network Analytics Market [(On Premise, On Demand), by Applications (Mobile, Voip and Fixed Line, Unified Communications), by End Users (Cloud Service Providers, Telecommunications, Enterprises)] - Global Advancements, Forecast & Analysis (2013-2018)
- Complex Event Processing (CEP) Market [Algorithmic Trading, Fraud Detection, Sentiment Analysis, Supply Chain Optimization, Transportation and Logistics, Revenue Assurance, Emergency Response Services] Worldwide Market Forecast & Analysis (2013 - 2018)
- Casino Management Systems (CMS) Market [Management Systems, Analytics (Predictive, Video),Security and Surveillance (Video Surveillance, Access Control, Alarm Systems)] - Global Advancements, Worldwide Market Forecasts & Analysis (2013-2018)