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Natural Language Processing Market by Type (Rule-Based, Statistical, and Hybrid), Technologies (Recognition, IVR, OCR, Pattern & Image Recognition) - Worldwide Forecast to 2020

DUBLIN, June 25, 2015 /PRNewswire/ --

Research and Markets( has announced the addition of the "Natural Language Processing Market by Type (Rule-Based, Statistical, and Hybrid), Technologies (Recognition, IVR, OCR, Pattern & Image Recognition) - Worldwide Forecast to 2020" report to their offering.

The key vendors occupying the market are 3M, Apple, Dolbey Systems, Google, HP, IBM Corporation, Microsoft Corporation, NetBase Solutions, SAS Institute Inc., Verint Systems among various others.

The NLP market research report discusses the strategies and insights of the key vendors in the industry and also provides in-depth study of driving forces and challenges for the NLP market. The report also analyzes the global trends and future growth potentials across different regions.

MarketsandMarkets has segmented the global NLP market by type of NLP, technologies, services, deployment model, applications, verticals, and regions. The report also consists of MarketsandMarkets views of the key players and analysts insights on the latest developments that are taking place in the NLP market space. The forecast period for the Natural Language Processing market research report is 2015-2020 with 2014 considered as the base year.

The research report covers complete NLP market categorized into the following sub-markets:

On the basis of solution type:

- Rule-based NLP
- Statistical NLP
- Hybrid NLP

On the basis of type of technologies:

- Recognition
- - Interactive Voice Response (IVR)
- - Optical Character Recognition (OCR)
- - Pattern and Image Recognition
- Operational
- - Auto Coding
- - Classification and Categorization
- Analytics
- - Text Analytics
- - Speech Analytics

On the basis of services:

- Professional services
- Support and maintenance services

On the basis of deployment model:

- On-premise
- On-demand (cloud-based)

On the basis of applications:

- Machine translation
- Information extraction
- Report generation
- Question answering
- Other applications

On the basis of verticals:

- Banking, Financial Services, and Insurance (BFSI)
- Automotive
- Healthcare and life sciences
- Retail and consumer goods
- Research and education
- High tech and electronics
- Media and entertainment
- Government
- Others

Companies Mentioned

- 3M
- Apple
- Dolbey Systems
- Google
- Hewlett-Packard
- IBM Corporation
- Microsoft Corporation
- Netbase Solutions
- Verint Systems

For more information visit

Media Contact: Laura Wood , +353-1-481-1716,

SOURCE Research and Markets
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