NLU is branch of natural language processing (NLP), which helps computers understand and interpret human language by breaking down the elemental pieces of speech. While speech recognition captures spoken language in real-time, transcribes it, and returns text, NLU goes beyond recognition to determine a user’s intent. Speech recognition is powered by statistical machine learning methods which add numeric structure to large datasets. In NLU, machine learning models improve over time as they learn to recognize syntax, context, language patterns, unique definitions, sentiment, and intent.
Research N Reports has crafted a new report titled Global Natural Language Understanding (NLU) Market analyzing the key segments so as to devise an in-depth study of the factors that will aid the reader to understand the market. It has been formulated to give a clear idea about the strategic business ideas that the other industry players are adopting. It is defined in a ground-up manner and the insights will help them understand the developmental scenarios over the forecast period i.e. 2019-2026.
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The report presents a comprehensive business outlook, by examining various case studies from potential top-notch industry experts, business owners, and policymakers. This prospect thus also provides a more lucid vision of business methodologies to readers. The report focuses on historical developments, existing scenarios as well as futuristic innovations to get a comprehensive analysis of the different stages of the businesses over a course of time.
Profiling Key players:
IBM Watson, Nuance Communications, Amazon AWS, Microsoft, SAS, Idiap, The Aspect NLU Lab
An enormous portion of the market data that is open in any market, in general, makes it a huge responsibility to restrain it down to the most fundamental points of interest and bits of knowledge relevant to the business issues within reach. Numerous associations do not really have the important resources and the specific aptitudes elemental for making fruitful business decisions. Statistical surveying procedures help businesses to clearly access the highest stakes in the market which should be taken into consideration for successful decision making.
Geographically, this report studies the top producers and consumers in these key regions:
- North America – U.S., Canada, Mexico
- Europe – U.K., France, Italy, Germany, Russia, Spain etc.
- Asia-Pacific – China, Japan, India, Southeast Asia etc.
- South America – Brazil, Argentina etc.
- Middle East & Africa – Saudi Arabia, African countries etc.
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Key questions answered in the report include:
- What will the market size and the growth rate be in 2026?
- What are the key factors driving the global Natural Language Understanding (NLU) market?
- What are the key market trends impacting the growth of the global Natural Language Understanding (NLU) market?
- What are the challenges to market growth?
- Who are the key vendors in the global Natural Language Understanding (NLU) market?
- What are the market opportunities and threats faced by the vendors in the global Natural Language Understanding (NLU) market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
- What are the key outcomes of the five forces analysis of the global Natural Language Understanding (NLU) market?
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Table of Contents:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast