Market Overview:
The global natural language generation (NLG) software market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for NLG software from large enterprises and SMEs. Additionally, the growing trend of cloud-based NLG software is also contributing to the growth of this market. However, lack of awareness about NLG software among end users is restraining the growth of this market. North America dominates the global natural language generation (NLG) software market followed by Europe and Asia Pacific.
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Product Definition:
NLG software helps turn data into readable, human-friendly text. It's important for businesses because it can help them communicate more effectively with customers and employees.
On-Premises:
On-premises, it's usage and growth factor in Natural Language Generation (NLG) Software market? On-Premises, it's usage and growth factor in Natural Language Generation (NLG) Software market size, Share & Trends Analysis Report By End User (Enterprises/Corporates & SMEs), By Application Type, And Segment Forecasts To 2024 -> The global on-premises NLC software demand was valued at USD 648.1 million in 2015.
Cloud Based:
Cloud-based is a software system that provides shared pool of data, application program interfaces (API), and service. It helps in reducing cost incurred on developing software. In addition, it also helps to increase efficiency of the developers as they can use API for data extraction from one source and insert into another without re-developing the whole system again.
Application Insights:
The large enterprise segment accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. The high share can be attributed to factors such as advanced data processing capabilities, a large number of users across different platforms, and an extensive network that enables real-time communication. Furthermore, companies are focusing on enhancing their customer experience by using NLG tools. For instance, In April 2018 IBM Watson Language Services launched new language solutions powered by IBM¢â‚¬â„¢s cognitive computing platform to enable businesses communicate with customers in a more effective manner.
The small and medium enterprises (SMEs) segment is expected to register the highest CAGR over the forecast period owing to factors such as low cost investments coupled with easy accessibility of cloud-based services globally.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of prominent providers of natural language generation software in this region, such as IBM Corporation; Microsoft Corporation; Google LLC; and Amazon Web Services, Inc. The U.S.-based companies have been consistently investing in R&D for Natural Language Generation (NLG) technology to meet the growing demand from their customers across all industries and sectors for generating high-quality content that is accurate, precise, and reliable.
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increasing investments by prominent players such as Google LLC., Microsoft Corporation., Alibaba Group Holding Ltd.; Baidu Inc.; Tencent Holdings Limited; NTT Docomo Co., Ltd.; Wistron Corp.; Samsung Electronics Co., Ltd.; BBK Electronics Corporation; Xiaomi Technology Co., Ltd.
Growth Factors:
- Increasing demand for NLG software from small and medium businesses (SMBs) due to the growing need for automating business processes.
- The increasing demand for NLG software from the healthcare sector to improve patient care and reduce costs.
- The increasing use of NLG software by large enterprises to improve their customer service operations.
- The growing demand for NLG software in the education sector to help students learn more effectively.
- The increasing use of NLG software by governments worldwide to improve communication with citizens
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Language Generation (NLG) Software Market Research Report
By Type
On-Premises, Cloud Based
By Application
Large Enterprised, SMEs
By Companies
IBM, Amazon, Google, Automated Insights, ARRIA NLG, AX Semantics, Yseop, Artificial Solutions, Narrativa, Retresco, Phrasee, Conversica, VPhrase, Phrasetech, CoGenTex, Textual, 2txt - natural language generation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Natural Language Generation (NLG) Software Market Report Segments:
The global Natural Language Generation (NLG) Software market is segmented on the basis of:
Types
On-Premises, Cloud Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprised, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Amazon
- Google
- Automated Insights
- ARRIA NLG
- AX Semantics
- Yseop
- Artificial Solutions
- Narrativa
- Retresco
- Phrasee
- Conversica
- VPhrase
- Phrasetech
- CoGenTex
- Textual
- 2txt - natural language generation
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Highlights of The Natural Language Generation (NLG) Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premises
- Cloud Based
- By Application:
- Large Enterprised
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Language Generation (NLG) Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural language generation (NLG) software is a type of software that helps create text or dialogue by automatically generating the text from a set of provided input.
Some of the key players operating in the natural language generation (nlg) software market are IBM, Amazon, Google, Automated Insights, ARRIA NLG, AX Semantics, Yseop, Artificial Solutions, Narrativa, Retresco, Phrasee, Conversica, VPhrase, Phrasetech, CoGenTex, Textual, 2txt - natural language generation.
The natural language generation (nlg) software market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Natural Language Generation (NLG) Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Natural Language Generation (NLG) Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Natural Language Generation (NLG) Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Natural Language Generation (NLG) Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Natural Language Generation (NLG) Software Market Size & Forecast, 2018-2028
4.5.1 Natural Language Generation (NLG) Software Market Size and Y-o-Y Growth
4.5.2 Natural Language Generation (NLG) Software Market Absolute $ Opportunity
Chapter 5 Global Natural Language Generation (NLG) Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Natural Language Generation (NLG) Software Market Size Forecast by Type
5.2.1 On-Premises
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Natural Language Generation (NLG) Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Natural Language Generation (NLG) Software Market Size Forecast by Applications
6.2.1 Large Enterprised
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Natural Language Generation (NLG) Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Natural Language Generation (NLG) Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Natural Language Generation (NLG) Software Analysis and Forecast
9.1 Introduction
9.2 North America Natural Language Generation (NLG) Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Natural Language Generation (NLG) Software Market Size Forecast by Type
9.6.1 On-Premises
9.6.2 Cloud Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Natural Language Generation (NLG) Software Market Size Forecast by Applications
9.10.1 Large Enterprised
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Natural Language Generation (NLG) Software Analysis and Forecast
10.1 Introduction
10.2 Europe Natural Language Generation (NLG) Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Natural Language Generation (NLG) Software Market Size Forecast by Type
10.6.1 On-Premises
10.6.2 Cloud Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Natural Language Generation (NLG) Software Market Size Forecast by Applications
10.10.1 Large Enterprised
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Natural Language Generation (NLG) Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Natural Language Generation (NLG) Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Natural Language Generation (NLG) Software Market Size Forecast by Type
11.6.1 On-Premises
11.6.2 Cloud Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Natural Language Generation (NLG) Software Market Size Forecast by Applications
11.10.1 Large Enterprised
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Natural Language Generation (NLG) Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Natural Language Generation (NLG) Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Natural Language Generation (NLG) Software Market Size Forecast by Type
12.6.1 On-Premises
12.6.2 Cloud Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Natural Language Generation (NLG) Software Market Size Forecast by Applications
12.10.1 Large Enterprised
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Natural Language Generation (NLG) Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Natural Language Generation (NLG) Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Natural Language Generation (NLG) Software Market Size Forecast by Type
13.6.1 On-Premises
13.6.2 Cloud Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Natural Language Generation (NLG) Software Market Size Forecast by Applications
13.10.1 Large Enterprised
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Natural Language Generation (NLG) Software Market: Competitive Dashboard
14.2 Global Natural Language Generation (NLG) Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Amazon
14.3.3 Google
14.3.4 Automated Insights
14.3.5 ARRIA NLG
14.3.6 AX Semantics
14.3.7 Yseop
14.3.8 Artificial Solutions
14.3.9 Narrativa
14.3.10 Retresco
14.3.11 Phrasee
14.3.12 Conversica
14.3.13 VPhrase
14.3.14 Phrasetech
14.3.15 CoGenTex
14.3.16 Textual
14.3.17 2txt - natural language generation
