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The Global Natural Language Processing (NLP) Market Size collected USD 15.7 Billion in 2022 and is set to achieve a market size of USD 144.9 Billion in 2032 growing at a CAGR of 25.1% from 2023 to 2032. High demand for intelligent virtual assistants, chatbots, and sentiment analysis tools is driving the growth of the NLP market. North America is expected to dominate the NLP market, driven by the presence of major players in the region and the high adoption of NLP solutions in various industries. The Asia Pacific region is set to have the fastest growth in the NLP market. Key players in the NLP market include IBM Corporation, Google LLC, Microsoft Corporation, Amazon Web Services, Inc., SAS Institute Inc., Intel Corporation etc.
