Japan Natural Language Processing (NLP) Market Analysis Till 2031

1. Japan Natural Language Processing (NLP) Market Analysis By Growth, Emerging Trends and Future Opportunities Till 2031 Research Nester has released a report titled “Japan Natural Language Processing (NLP) Market: Demand Analysis & Opportunity Outlook 2031”which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID- 19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. With the growing advancements in deep learning architecture and algorithms in the field of image recognition and speech processing, the demand for natural language processing (NLP) has grown significantly amongst businesses in the recent years. NLP possesses numerous benefits, such as, it is highly scalable, affordable and has high computational powers. As a result, businesses in different end-use industries are increasingly utilizing NLPs for different purposes. Moreover, with the surge in digitization, rising penetration of the internet in Japan, along with the demand for advanced text analytics, are some of the additional factors anticipated to drive the growth of the Japan natural language processing (NLP) market. The Japan natural language processing (NLP) market is anticipated to grow with a CAGR of 25.5% over the forecast period, i.e., 2021 – 2031. The market is estimated to garner a revenue of USD 4739.4 Million by the end of 2030, up from a revenue of USD 509.4 Million in the year 2020. The market is segmented by application into sentiment analysis, data extraction, risk & threat detection, automatic summarization, content management, language

2. scoring, and others. By the end of 2030, the data extraction segment is anticipated to garner the largest revenue of USD 1246.1 Million, up from a revenue of USD 125.5 million in the year 2020. Browse Full Report@ https://www.researchnester.com/reports/japan-natural- language-processing-market/3721 The Japan natural language processing (NLP) market is further segmented by component into hardware, solutions, and services. In the year 2020, the services segment, out of all the other segments, registered the largest revenue of USD 210.9 Million, and is further projected to touch USD 1921.6 Million by the end of 2030. However, the lack of skilled employees to tackle the complexities associated with AI and NLP is one of the major factors predicted to hinder the market growth in the coming years. This report also provides the existing competitive scenario of some of the key players of the Japan natural language processing (NLP) market, which includes company profiling of Microsoft Corporation, Amazon.com, Inc., Alphabet Inc., IBM Corporation, Micro Focus International plc, SAS Institute Inc., Atilika, Inc., Data Artist Inc., WOW WORLD Inc., Nippon Telegraph and Telephone Corporation, and others. The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Japan Natural Language Processing (NLP) Market: Demand Analysis & Opportunity Outlook 2030”, analyses the overall Japan natural language processing (NLP) industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the Japan natural language processing (NLP) market in the near future. Request Report Sample@ https://www.researchnester.com/sample-request- 3721