Global Natural Language Generation (NLG) Market

Feb 2020| VMR1629A| Verified Market Research

Report Highlights

Natural Language Generation (NLG) Market

According to Verified Market Research, the Global Natural Language Generation (NLG) Market was valued at USD 306 Million in 2018 and is projected to reach USD 1322.02 Million by 2026, growing at a CAGR of 19.97 % from 2019 to 2026.

Global Natural Language Generation (NLG) Market Outlook

The innovations in the technology led to the emergence of artificial intelligence (AI) and thereby, facilitates organizations to understand customers activities and behavior is the key factor enhancing market growth. In addition, the development in the adoption of the concept of big data and other related technologies led to propel the growth of the market. However, unavailability of the expertise to deploy the NLG solutions and services is the factor responsible for hindering the market growth.

Global Natural Language Generation (NLG) Market Competitive Landscape

The Global Natural Language Generation (NLG) Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Arria NLG, Yseop, Narrative Science, Automated Insights, Retresco GmbH, CoGenTex, Inc., Phrasetech, Veritone, NewsRx, Conversica, Narrtiva. 

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