The growth of the natural language processing market stood at over 30 percent globally in 2023. This was in recovery from a near 29 percent slump in 2022. The NLP market is then expected to grow at a decent rate, never less than 10 to 15 percent, through the decade until 2030. This however, is nowhere near the best market growth year of 2021 when the market grew a staggering 100 percent.
Growth of the natural language processing (NLP) market globally from 2021 to 2030
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Statista. (February 8, 2024). Growth of the natural language processing (NLP) market globally from 2021 to 2030 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/forecasts/1449874/world-nlp-market-size-growth
Statista. "Growth of the natural language processing (NLP) market globally from 2021 to 2030." Chart. February 8, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/forecasts/1449874/world-nlp-market-size-growth
Statista. (2024). Growth of the natural language processing (NLP) market globally from 2021 to 2030. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/forecasts/1449874/world-nlp-market-size-growth
Statista. "Growth of The Natural Language Processing (Nlp) Market Globally from 2021 to 2030." Statista, Statista Inc., 8 Feb 2024, https://www.statista.com/forecasts/1449874/world-nlp-market-size-growth
Statista, Growth of the natural language processing (NLP) market globally from 2021 to 2030 Statista, https://www.statista.com/forecasts/1449874/world-nlp-market-size-growth (last visited October 31, 2024)
Growth of the natural language processing (NLP) market globally from 2021 to 2030 [Graph], Statista, February 8, 2024. [Online]. Available: https://www.statista.com/forecasts/1449874/world-nlp-market-size-growth