Global Natural Language Generation Market Booming Market to Grow at Healthy CAGRPosted by ganesha on December 27th, 2019 Global Natural Language Generation Market, By Component (Software, Services), By Business Function (Finance, Operations, Marketing, Human Resources), By Deployment Model (Cloud, On Premises), By Organization Size (Small & Medium, Large), Application (Predictive Maintenance, Fraud Detection) Market Analysis: Global Natural Language Generation Market The Global Natural Language Generation Market accounted for USD 279.5 million in 2017 and is projected to grow at a CAGR of 21.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Get Request a Sample @ Market Definition: Global Natural Language Generation Market Natural language generation (NLG) is a sub section of artificial intelligence (AI) which produces dialect as output based on information input. There are assortments of ways the innovation is being utilized, essentially to enhance profitability via reporting activities, mechanizing time-intensive data analysis and to build the estimation of information driven products by drawing in clients with instinctive natural language interfaces. Development of NLG Product will act as driving factor which will lead the natural language generation market. For instance, In September 2016, Arria NLG launched Recount software as a service (SaaS)business reporting tool which is being intended to work with huge web based accounting frameworks such as Quickbooks, Sage and Xero providing clients with instant financial bits of knowledge, communicated in plain dialect. In October 2017, Automated Insights, Inc. brought a new integration which makes more people to participate NLG directly within their Tableau dashboards. This will help in directly asking most pertinent questions within Tableau and to receive real-time analysis from Wordsmith. Major Market Drivers and Restraints:
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Competitive Landscape: Global Natural Language Generation Market The global natural language generation market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market. About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact: Data Bridge Market Research Tel: +1-888-387-2818 Email: Sopan.gedam@databridgemarketresearch.com Report Related Global Fuel Management System Market Like it? Share it!More by this author |