Natural Language Generation (NLG) Software Market Size by Deployment, by Applications, by Type, by End-User & by Technology 2032
Natural Language Generation (NLG) Software Market was valued at USD 1.21 Billion in 2022 and is projected to reach USD 4.74 Billion by 2030, growing at a CAGR of 18.6% from 2024 to 2030.
In the 2018-2022 period, the adoption of NLG software was notably driven by the increasing demand for efficiency and cost reduction in content creation processes. Businesses in sectors like finance, healthcare, e-commerce, and marketing leveraged NLG to generate automated reports, personalized content, and customer responses. The rapid development of natural language processing (NLP) and advancements in AI algorithms allowed NLG tools to become more sophisticated, capable of creating highly contextual and human-like content. As a result, companies significantly reduced manual labor, increased the scale of content production, and enhanced the overall customer experience.
The demand for NLG software is expected to see an upward trajectory from 2023 to 2033. Market analysts predict continued growth driven by emerging applications, particularly in industries such as healthcare, finance, and media. As organizations prioritize digital transformation and embrace AI-powered tools, the need for effective NLG solutions is set to rise. With an increase in data generation, automation capabilities, and the growing use of chatbots and virtual assistants, NLG will play a key role in improving efficiency and personalization at scale. In particular, the rise of big data analytics and the increasing focus on predictive analytics are anticipated to fuel the NLG market's expansion.
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The Natural Language Generation (NLG) software market experienced significant growth between 2018 and 2022, driven by advancements in artificial intelligence (AI) and machine learning (ML) technologies. NLG has become a critical tool for automating content creation, enhancing data-driven decision-making, and improving customer engagement. As businesses across industries seek to optimize their operations with AI-driven solutions, the NLG software market has flourished. Leading players in the market include companies like Automated Insights, Arria NLG, and Yseop, providing solutions tailored to various use cases such as financial reporting, customer service, and business intelligence.
Who are the largest Global manufacturers in the Natural Language Generation (NLG) Software industry?
- IBM
- Amazon
- Automated Insights
- ARRIA NLG
- AX Semantics
- Yseop
- Artificial Solutions
- Narrativa
- Retresco
- Phrasee
- Conversica
- VPhrase
- Phrasetech
- CoGenTex
- Textual
- 2txt - natural language generation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Natural Language Generation (NLG) Software Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Natural Language Generation (NLG) Software Market
- Large Enterprised
- SMEs
What are the types of Natural Language Generation (NLG) Software available in the Market?
Based on Types the Market is categorized into Below types that held the largest Natural Language Generation (NLG) Software market share In 2023.
- On-Premises
- Cloud Based
Which regions are leading the Global Natural Language Generation (NLG) Software Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Natural Language Generation (NLG) Software Market Research Report, 2024-2032
1. Introduction of the Global Natural Language Generation (NLG) Software Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Natural Language Generation (NLG) Software Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Natural Language Generation (NLG) Software Market, By Type
6. Global Natural Language Generation (NLG) Software Market, By Application
7. Global Natural Language Generation (NLG) Software Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Natural Language Generation (NLG) Software Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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