Global Nlp Market to Grow at a Cagr of 16.11 % over the Period 2014-2019

Researchmoz added Most up-to-date research on "Global Natural Language Processing Market 2015-2019" to its huge collection of research reports.

Natural language processing is a computer application that can understand human language. It is a part of AI. It is a computerized technique in which human communication is analyzed and interpreted based on a set of theories and technologies by the computer. It is both based on text and speech provided to the computer. Currently, NLP approaches are based on machine learning that uses patterns for understanding own programs. The most common NLP in all the software packages includes:

Sentence segmentation, part-of-speech tagging, and parsing

Deep analytics

Named entity extraction

Co-reference resolution

The goal of NLP is to reduce the time for understanding computer languages such as Java, C, C++, and Ruby.

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=517482

The development of NLP solutions is difficult because computers need humans to speak in a programming language that needs to be precise, unambiguous, and highly structured with less amount of enunciated voice commands. However, human speech cannot be precise, and it is often ambiguous and depend on variables that include slang, regional dialects, and social context.

Technavio's analysts forecast the global NLP market to grow at a CAGR of 16.11 % over the period 2014-2019.

Covered in this report

This report covers the present scenario and growth prospects of the global NLP market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of NLP solutions in the global market from the following segments:

Recognition market: This includes the revenue generated from speech recognition, OCR , and IVR systems market

Analytics market: This includes the revenue generated from text and speech analytics

Operational market: This includes the revenue generated from...