Global Natural Language Generation (NLG) market cagr 13.4%

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Natural Language Generation (NLG) Market

Natural Language Generation (NLG) Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

2031

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Natural Language Generation (NLG) Market Size and Growth

The Natural Language Generation (NLG) market is expanding rapidly, driven by increasing demand for automated content creation across industries. Current market size is estimated at approximately $1.3 billion, with projections of substantial growth, fueled by advancements in AI technology and rising adoption of data-driven decision-making tools.

Companies Covered

(Covid 19 Impact Covered)

◍ Arria NLG

◍ AWS

◍ IBM

◍ Narrative Science

◍ Automated Insights

◍ Narrativa

◍ Yseop

◍ Retresco

◍ Artificial Solutions

◍ Phrasee

◍ AX Semantics

◍ CoGenTex

◍ Phrasetech

◍ NewsRx

◍ Conversica

◍ Natural Language Generation GmbH

◍ Narrative Wave

The NLG market features key players like Arria NLG, AWS, IBM, and Narrative Science, enhancing data interpretation through automated insights. Companies deploy NLG for personalized content generation, data analysis, and customer engagement, fueling market growth. Notable revenue figures include AWS ($80 billion), IBM ($57 billion), and Narrative Science ($20 million).

◍ vPhrase

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Market Segmentation

By Application

◍ BFSI

◍ Retail and eCommerce

◍ Government and Defense

◍ Healthcare and Life Sciences

◍ Manufacturing

◍ Energy and Utilities

◍ Telecom and IT

◍ Media and Entertainment

By Product

◍ On-premises

◍ Cloud

◍ Others Request Sample Report

Market Growth

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$ X Billion USD

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