Natural Language Processing Market Size, Share & Growth 2029

Natural Language Processing Market was valued at USD 13.8 billion in 2021 and is estimated to grow at a significant CAGR of 20.2% during 2022-2029 and is projected to reach USD 60.1 billion in 2029. The factors driving growth of the Natural Language Processing Market includes rising focus by enterprises on streamlining businesses processes, increasing use of natural language processing in digital assistants and chatbots, textual analysis and voice sense (speech analysis) and huge volumes of data generated across industry verticals such as Healthcare, Transportation and Logistics and BSFI.
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