Global Natural Language Understanding (NLU) Market Research Report 2024

Report ID: 1894794 | Published Date: Jan 2025 | No. of Page: 84 | Base Year: 2024 | Rating: 4.5 | Webstory: Check our Web story
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1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Natural Language Understanding (NLU) Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
        1.2.2 Machine Translation
        1.2.3 Voice-First Technologies
        1.2.4 Chatbots
        1.2.5 Conversational Search
    1.3 Market by Application
        1.3.1 Global Natural Language Understanding (NLU) Market Share by Application: 2017 VS 2021 VS 2028
        1.3.2 Manufacturing
        1.3.3 Healthcare
        1.3.4 Other
    1.4 Study Objectives
    1.5 Years Considered
2 Global Growth Trends
    2.1 Global Natural Language Understanding (NLU) Market Perspective (2017-2028)
    2.2 Natural Language Understanding (NLU) Growth Trends by Region
        2.2.1 Natural Language Understanding (NLU) Market Size by Region: 2017 VS 2021 VS 2028
        2.2.2 Natural Language Understanding (NLU) Historic Market Size by Region (2017-2022)
        2.2.3 Natural Language Understanding (NLU) Forecasted Market Size by Region (2023-2028)
    2.3 Natural Language Understanding (NLU) Market Dynamics
        2.3.1 Natural Language Understanding (NLU) Industry Trends
        2.3.2 Natural Language Understanding (NLU) Market Drivers
        2.3.3 Natural Language Understanding (NLU) Market Challenges
        2.3.4 Natural Language Understanding (NLU) Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Natural Language Understanding (NLU) Players by Revenue
        3.1.1 Global Top Natural Language Understanding (NLU) Players by Revenue (2017-2022)
        3.1.2 Global Natural Language Understanding (NLU) Revenue Market Share by Players (2017-2022)
    3.2 Global Natural Language Understanding (NLU) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Natural Language Understanding (NLU) Revenue
    3.4 Global Natural Language Understanding (NLU) Market Concentration Ratio
        3.4.1 Global Natural Language Understanding (NLU) Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Natural Language Understanding (NLU) Revenue in 2021
    3.5 Natural Language Understanding (NLU) Key Players Head office and Area Served
    3.6 Key Players Natural Language Understanding (NLU) Product Solution and Service
    3.7 Date of Enter into Natural Language Understanding (NLU) Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Natural Language Understanding (NLU) Breakdown Data by Type
    4.1 Global Natural Language Understanding (NLU) Historic Market Size by Type (2017-2022)
    4.2 Global Natural Language Understanding (NLU) Forecasted Market Size by Type (2023-2028)
5 Natural Language Understanding (NLU) Breakdown Data by Application
    5.1 Global Natural Language Understanding (NLU) Historic Market Size by Application (2017-2022)
    5.2 Global Natural Language Understanding (NLU) Forecasted Market Size by Application (2023-2028)
6 North America
    6.1 North America Natural Language Understanding (NLU) Market Size (2017-2028)
    6.2 North America Natural Language Understanding (NLU) Market Size by Country (2017-2022)
    6.3 North America Natural Language Understanding (NLU) Market Size by Country (2023-2028)
    6.4 United States
    6.5 Canada
7 Europe
    7.1 Europe Natural Language Understanding (NLU) Market Size (2017-2028)
    7.2 Europe Natural Language Understanding (NLU) Market Size by Country (2017-2022)
    7.3 Europe Natural Language Understanding (NLU) Market Size by Country (2023-2028)
    7.4 Germany
    7.5 France
    7.6 U.K.
    7.7 Italy
    7.8 Russia
    7.9 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Natural Language Understanding (NLU) Market Size (2017-2028)
    8.2 Asia-Pacific Natural Language Understanding (NLU) Market Size by Country (2017-2022)
    8.3 Asia-Pacific Natural Language Understanding (NLU) Market Size by Country (2023-2028)
    8.4 China
    8.5 Japan
    8.6 South Korea
    8.7 Southeast Asia
    8.8 India
    8.9 Australia
9 Latin America
    9.1 Latin America Natural Language Understanding (NLU) Market Size (2017-2028)
    9.2 Latin America Natural Language Understanding (NLU) Market Size by Country (2017-2022)
    9.3 Latin America Natural Language Understanding (NLU) Market Size by Country (2023-2028)
    9.4 Mexico
    9.5 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Natural Language Understanding (NLU) Market Size (2017-2028)
    10.2 Middle East & Africa Natural Language Understanding (NLU) Market Size by Country (2017-2022)
    10.3 Middle East & Africa Natural Language Understanding (NLU) Market Size by Country (2023-2028)
    10.4 Turkey
    10.5 Saudi Arabia
    10.6 UAE
11 Key Players Profiles
    11.1 IBM Watson
        11.1.1 IBM Watson Company Detail
        11.1.2 IBM Watson Business Overview
        11.1.3 IBM Watson Natural Language Understanding (NLU) Introduction
        11.1.4 IBM Watson Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.1.5 IBM Watson Recent Development
    11.2 Nuance Communications
        11.2.1 Nuance Communications Company Detail
        11.2.2 Nuance Communications Business Overview
        11.2.3 Nuance Communications Natural Language Understanding (NLU) Introduction
        11.2.4 Nuance Communications Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.2.5 Nuance Communications Recent Development
    11.3 Amazon AWS
        11.3.1 Amazon AWS Company Detail
        11.3.2 Amazon AWS Business Overview
        11.3.3 Amazon AWS Natural Language Understanding (NLU) Introduction
        11.3.4 Amazon AWS Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.3.5 Amazon AWS Recent Development
    11.4 Microsoft
        11.4.1 Microsoft Company Detail
        11.4.2 Microsoft Business Overview
        11.4.3 Microsoft Natural Language Understanding (NLU) Introduction
        11.4.4 Microsoft Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.4.5 Microsoft Recent Development
    11.5 SAS
        11.5.1 SAS Company Detail
        11.5.2 SAS Business Overview
        11.5.3 SAS Natural Language Understanding (NLU) Introduction
        11.5.4 SAS Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.5.5 SAS Recent Development
    11.6 Idiap
        11.6.1 Idiap Company Detail
        11.6.2 Idiap Business Overview
        11.6.3 Idiap Natural Language Understanding (NLU) Introduction
        11.6.4 Idiap Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.6.5 Idiap Recent Development
    11.7 The Aspect NLU Lab
        11.7.1 The Aspect NLU Lab Company Detail
        11.7.2 The Aspect NLU Lab Business Overview
        11.7.3 The Aspect NLU Lab Natural Language Understanding (NLU) Introduction
        11.7.4 The Aspect NLU Lab Revenue in Natural Language Understanding (NLU) Business (2017-2022)
        11.7.5 The Aspect NLU Lab Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

List of Tables
    Table 1. Global Natural Language Understanding (NLU) Market Size Growth Rate by Type (US$ Million): 2017 VS 2021 VS 2028
    Table 2. Key Players of Machine Translation
    Table 3. Key Players of Voice-First Technologies
    Table 4. Key Players of Chatbots
    Table 5. Key Players of Conversational Search
    Table 6. Global Natural Language Understanding (NLU) Market Size Growth by Application (US$ Million): 2017 VS 2021 VS 2028
    Table 7. Global Natural Language Understanding (NLU) Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
    Table 8. Global Natural Language Understanding (NLU) Market Size by Region (2017-2022) & (US$ Million)
    Table 9. Global Natural Language Understanding (NLU) Market Share by Region (2017-2022)
    Table 10. Global Natural Language Understanding (NLU) Forecasted Market Size by Region (2023-2028) & (US$ Million)
    Table 11. Global Natural Language Understanding (NLU) Market Share by Region (2023-2028)
    Table 12. Natural Language Understanding (NLU) Market Trends
    Table 13. Natural Language Understanding (NLU) Market Drivers
    Table 14. Natural Language Understanding (NLU) Market Challenges
    Table 15. Natural Language Understanding (NLU) Market Restraints
    Table 16. Global Natural Language Understanding (NLU) Revenue by Players (2017-2022) & (US$ Million)
    Table 17. Global Natural Language Understanding (NLU) Market Share by Players (2017-2022)
    Table 18. Global Top Natural Language Understanding (NLU) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Natural Language Understanding (NLU) as of 2021)
    Table 19. Ranking of Global Top Natural Language Understanding (NLU) Companies by Revenue (US$ Million) in 2021
    Table 20. Global 5 Largest Players Market Share by Natural Language Understanding (NLU) Revenue (CR5 and HHI) & (2017-2022)
    Table 21. Key Players Headquarters and Area Served
    Table 22. Key Players Natural Language Understanding (NLU) Product Solution and Service
    Table 23. Date of Enter into Natural Language Understanding (NLU) Market
    Table 24. Mergers & Acquisitions, Expansion Plans
    Table 25. Global Natural Language Understanding (NLU) Market Size by Type (2017-2022) & (US$ Million)
    Table 26. Global Natural Language Understanding (NLU) Revenue Market Share by Type (2017-2022)
    Table 27. Global Natural Language Understanding (NLU) Forecasted Market Size by Type (2023-2028) & (US$ Million)
    Table 28. Global Natural Language Understanding (NLU) Revenue Market Share by Type (2023-2028)
    Table 29. Global Natural Language Understanding (NLU) Market Size by Application (2017-2022) & (US$ Million)
    Table 30. Global Natural Language Understanding (NLU) Revenue Market Share by Application (2017-2022)
    Table 31. Global Natural Language Understanding (NLU) Forecasted Market Size by Application (2023-2028) & (US$ Million)
    Table 32. Global Natural Language Understanding (NLU) Revenue Market Share by Application (2023-2028)
    Table 33. North America Natural Language Understanding (NLU) Market Size by Country (2017-2022) & (US$ Million)
    Table 34. North America Natural Language Understanding (NLU) Market Size by Country (2023-2028) & (US$ Million)
    Table 35. Europe Natural Language Understanding (NLU) Market Size by Country (2017-2022) & (US$ Million)
    Table 36. Europe Natural Language Understanding (NLU) Market Size by Country (2023-2028) & (US$ Million)
    Table 37. Asia-Pacific Natural Language Understanding (NLU) Market Size by Region (2017-2022) & (US$ Million)
    Table 38. Asia-Pacific Natural Language Understanding (NLU) Market Size by Region (2023-2028) & (US$ Million)
    Table 39. Latin America Natural Language Understanding (NLU) Market Size by Country (2017-2022) & (US$ Million)
    Table 40. Latin America Natural Language Understanding (NLU) Market Size by Country (2023-2028) & (US$ Million)
    Table 41. Middle East & Africa Natural Language Understanding (NLU) Market Size by Country (2017-2022) & (US$ Million)
    Table 42. Middle East & Africa Natural Language Understanding (NLU) Market Size by Country (2023-2028) & (US$ Million)
    Table 43. IBM Watson Company Detail
    Table 44. IBM Watson Business Overview
    Table 45. IBM Watson Natural Language Understanding (NLU) Product
    Table 46. IBM Watson Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 47. IBM Watson Recent Development
    Table 48. Nuance Communications Company Detail
    Table 49. Nuance Communications Business Overview
    Table 50. Nuance Communications Natural Language Understanding (NLU) Product
    Table 51. Nuance Communications Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 52. Nuance Communications Recent Development
    Table 53. Amazon AWS Company Detail
    Table 54. Amazon AWS Business Overview
    Table 55. Amazon AWS Natural Language Understanding (NLU) Product
    Table 56. Amazon AWS Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 57. Amazon AWS Recent Development
    Table 58. Microsoft Company Detail
    Table 59. Microsoft Business Overview
    Table 60. Microsoft Natural Language Understanding (NLU) Product
    Table 61. Microsoft Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 62. Microsoft Recent Development
    Table 63. SAS Company Detail
    Table 64. SAS Business Overview
    Table 65. SAS Natural Language Understanding (NLU) Product
    Table 66. SAS Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 67. SAS Recent Development
    Table 68. Idiap Company Detail
    Table 69. Idiap Business Overview
    Table 70. Idiap Natural Language Understanding (NLU) Product
    Table 71. Idiap Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 72. Idiap Recent Development
    Table 73. The Aspect NLU Lab Company Detail
    Table 74. The Aspect NLU Lab Business Overview
    Table 75. The Aspect NLU Lab Natural Language Understanding (NLU) Product
    Table 76. The Aspect NLU Lab Revenue in Natural Language Understanding (NLU) Business (2017-2022) & (US$ Million)
    Table 77. The Aspect NLU Lab Recent Development
    Table 78. Research Programs/Design for This Report
    Table 79. Key Data Information from Secondary Sources
    Table 80. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Natural Language Understanding (NLU) Market Share by Type: 2021 VS 2028
    Figure 2. Machine Translation Features
    Figure 3. Voice-First Technologies Features
    Figure 4. Chatbots Features
    Figure 5. Conversational Search Features
    Figure 6. Global Natural Language Understanding (NLU) Market Share by Application in 2021 & 2028
    Figure 7. Manufacturing Case Studies
    Figure 8. Healthcare Case Studies
    Figure 9. Other Case Studies
    Figure 10. Natural Language Understanding (NLU) Report Years Considered
    Figure 11. Global Natural Language Understanding (NLU) Market Size (US$ Million), Year-over-Year: 2017-2028
    Figure 12. Global Natural Language Understanding (NLU) Market Size, (US$ Million), 2017 VS 2021 VS 2028
    Figure 13. Global Natural Language Understanding (NLU) Market Share by Region: 2021 VS 2028
    Figure 14. Global Natural Language Understanding (NLU) Market Share by Players in 2021
    Figure 15. Global Top Natural Language Understanding (NLU) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Natural Language Understanding (NLU) as of 2021)
    Figure 16. The Top 10 and 5 Players Market Share by Natural Language Understanding (NLU) Revenue in 2021
    Figure 17. North America Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 18. North America Natural Language Understanding (NLU) Market Share by Country (2017-2028)
    Figure 19. United States Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 20. Canada Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 21. Europe Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 22. Europe Natural Language Understanding (NLU) Market Share by Country (2017-2028)
    Figure 23. Germany Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 24. France Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 25. U.K. Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 26. Italy Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 27. Russia Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 28. Nordic Countries Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 29. Asia-Pacific Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 30. Asia-Pacific Natural Language Understanding (NLU) Market Share by Region (2017-2028)
    Figure 31. China Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 32. Japan Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 33. South Korea Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 34. Southeast Asia Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 35. India Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 36. Australia Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 37. Latin America Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 38. Latin America Natural Language Understanding (NLU) Market Share by Country (2017-2028)
    Figure 39. Mexico Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 40. Brazil Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 41. Middle East & Africa Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 42. Middle East & Africa Natural Language Understanding (NLU) Market Share by Country (2017-2028)
    Figure 43. Turkey Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 44. Saudi Arabia Natural Language Understanding (NLU) Market Size YoY Growth (2017-2028) & (US$ Million)
    Figure 45. IBM Watson Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 46. Nuance Communications Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 47. Amazon AWS Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 48. Microsoft Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 49. SAS Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 50. Idiap Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 51. The Aspect NLU Lab Revenue Growth Rate in Natural Language Understanding (NLU) Business (2017-2022)
    Figure 52. Bottom-up and Top-down Approaches for This Report
    Figure 53. Data Triangulation
    Figure 54. Key Executives Interviewed
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Companies Included in Reports:
IBM Watson
Nuance Communications
Amazon AWS
Microsoft
SAS
Idiap
The Aspect NLU Lab
Frequently Asked Questions
Natural Language Understanding (NLU) report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Natural Language Understanding (NLU) report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Natural Language Understanding (NLU) report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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