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Natural Language Generation Market to Experience a Hike in Growth, Worth $1,150.9 Million By 2025

The global natural language generation market size is estimated to be worth USD 1,150.9 million by 2025, according to a new report by Million Insights. The industry is expected to witness substantial growth with a CAGR of 19.8% over the forecast period.

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Natural Language Generation Market to Experience a Hike in Growth, Worth $1,150.9 Million By 2025

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  1. Natural Language Generation Market to Experience a Hike in Growth, Worth $1,150.9 Million By 2025 “The global natural language generation market size is estimated to be worth USD 1,150.9 million by 2025. The industry is expected to witness substantial growth with a CAGR of 19.8% over the forecast period.” Global Natural Language Generation Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Natural language generation Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Natural language generation Business, Market Share of Product, Application and Regional Scope of Natural language generation which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making. The global natural language generation market size is estimated to be worth USD 1,150.9 million by 2025. The industry is expected to witness substantial growth with a CAGR of 19.8% over the forecast period. The NLG solution handles the generation and production of text and speech. Wide uses of natural language generation like converting the analytics report into natural language that can be incorporated across a dashboard and finally deliver important insights to a higher reach of a company swiftly. NLG-enabled techniques are highly adopted due to higher benefits of these techniques among companies in acquiring ease of access to critical business insights that can aid data-driven decision making. The extensive adoption of NLG techniques is observed in chatbots. The processing features of NLG tools enhance the interaction abilities of chatbots. They further allow chatbots to provide customized user experience for booking a complaint, virtual aid for processes done online, or resolution of a query, which strengthens business potential and customer experience. Furthermore, NLG tools support creating non-technical and technical content like contracts, internal communications and product description with higher ease and lower costs. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-natural-language-generation-nlg-market/request-sample

  2. The use of NLG has strengthened business efficiency of several business processes. The natural language generation (NLG) market is expected to substantially grow due to the increasing demand for NLG tools in the financial services, insurance, and banking sector over the forecast period. Further key findings from the report suggest: • The rising use of NLG tools in sectors like marketing analytics, machine learning, and sales analytics are poised to surge market growth in the upcoming years. • Surging R&D activities to open potentials of natural language generation across different sectors like weather forecasting, journalism, and medicine are few of the major trends in the industry. • Increasing development of NLG in company giants that generate huge volumes of data is expected to support market growth. The segment is anticipated to maintain its lead based on the size of enterprise from 2019 to 2025. • North America held the largest share in the market in 2018. Asia Pacific is expected to grow at the highest CAGR over the forecast period. • Major players include IBM Corporation, ARRIA NLG plc, Narrative Science, Phrasetech, Yseop, Artificial Solutions, Automated Insights, Inc., CoGenTex, Inc., Retresco, and AX Semantics. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-natural-language-generation-nlg-market Million Insights has segmented the global natural language generation market on the basis of solution, application, deployment model, enterprise size, vertical and region: Natural Language Generation Solution Outlook (Revenue, USD Million, 2014 - 2025) • Software

  3. • Services Natural Language Generation Application Outlook (Revenue, USD Million, 2014 - 2025) • Fraud Detection and Anti-Money Laundering • Predictive Maintenance • Risk & Compliance Management • Performance Management • Customer Experience Management • Others Natural Language Generation Deployment Model Outlook (Revenue, USD Million, 2014 - 2025) • On-premise • Cloud Natural Language Generation Enterprise Size Outlook (Revenue, USD Million, 2014 - 2025) • Small and Medium-Sized Enterprises • Large Enterprises Natural Language Generation Vertical Outlook (Revenue, USD Million, 2014 - 2025) • Banking, Financial Services, and Insurance • Retail and Ecommerce • Government and Defense • Healthcare and Life Sciences • Manufacturing • Telecom and IT • Media and Entertainment • Energy and Utilities • Others Natural Language Generation Regional Outlook (Revenue, USD Million, 2014 - 2025) • North America • U.S.

  4. • Canada • Mexico • Europe • Germany • U.K. • France • Asia Pacific • China • Japan • India • South America • Brazil • Middle East and Africa (MEA) See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose,CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892

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