Connect with us

Technology

Natural Language Processing (NLP) Market worth $249.97 billion by 2031 | Report by MarketsandMarkets™

Published

on

 DELRAY BEACH, Fla., June 26, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Natural Language Processing Market is projected to grow from USD 70.11 billion in 2026 to USD 249.97 billion by 2031, at a CAGR of 29% during the forecast period.

Browse 370 market data Tables and 75 Figures spread through 432 Pages and in-depth TOC on ‘Natural Language Processing Market – Global Forecast to 2031’

Natural Language Processing Market Size & Forecast:

Market Size Available for Years: 2021–20312025 Market Size: USD 52.06 billion2026 Market Size: USD 70.11 billion2031 Projected Market Size: USD 249.97 billionCAGR (2026–2031): 29.3%

Natural Language Processing Market Trends & Insights:

The market is witnessing significant growth as enterprises increasingly adopt AI-driven language technologies to extract insights from large volumes of unstructured text and speech data.By offering, the software segment is estimated to account for the largest share of 70.3% in 2026.The natural language understanding (NLU) segment is account for largest share of 39.8% in 2026.By technology, RAG-enabled NLP is slated to grow at the fastest rate between 2026 and 2031.Asia Pacific is poised to register the highest growth rate of 29.0% CAGR over the forecast period.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=825

The Natural Language Processing Market is expanding rapidly as organizations adopt advanced AI technologies to transform how they analyze and manage large volumes of language-based data. Growth is driven by the increasing need for intelligent automation, real-time language insights, and enhanced digital engagement across enterprise applications. Demand continues to rise as businesses implement AI-driven assistants, automated knowledge discovery, and contextual text analytics to improve productivity and customer experience. The market is further influenced by trends such as the development of foundation models, scalable AI platforms, and secure data processing environments that support enterprise-grade deployments. These advancements are enabling more adaptive, efficient, and intelligent language processing capabilities across modern digital ecosystems.

By capability, the text analytics segment is poised to dominate the market in 2026.

Text analytics holds the largest market share among NLP applications due to its widespread use in enterprise content management, customer communication analysis, and automated document processing. Organizations deploy these capabilities to categorize large volumes of text data, extract key insights, and generate concise summaries from reports, emails, and knowledge repositories. These solutions support faster information discovery, improved decision-making, and enhanced operational productivity across industries. Integration with cloud-based AI platforms and enterprise analytics systems further strengthens adoption as businesses seek scalable tools to manage growing volumes of unstructured data in digital environments.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=825

The healthcare & life sciences vertical is set to register the fastest growth during the forecast period.

The healthcare and life sciences sector is experiencing the fastest growth as organizations prioritize advanced AI technologies to analyze complex medical data and improve patient outcomes. By integrating natural language processing with clinical documentation systems, electronic health records, and research databases, healthcare providers can extract insights from unstructured medical text and automate administrative workflows. This approach enhances clinical decision-making, improves operational efficiency, and supports real-time information access for medical professionals. Hospitals, research institutions, and pharmaceutical companies increasingly deploy NLP platforms to enable medical text analysis, patient interaction automation, and healthcare analytics. As healthcare organizations emphasize digital transformation and data-driven care delivery, the Healthcare & Life Sciences vertical is emerging as the fastest-growing segment in the Natural Language Processing Market.

By region, North America is estimated to account for the largest market during the forecast period.

North America is expected to dominate the Natural Language Processing Market in 2026 due to strong adoption of artificial intelligence technologies and significant investments in enterprise AI infrastructure. The region benefits from the presence of leading technology providers, advanced cloud ecosystems, and a strong innovation landscape supporting large-scale AI development. Organizations across sectors such as finance, healthcare, technology, retail, and government widely deploy NLP solutions to automate document processing, enhance customer engagement, and generate insights from unstructured data. Continued enterprise AI adoption, expansion of generative AI platforms, and increasing demand for intelligent automation further strengthen North America’s leading position in the NLP Market.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=825

Top Companies in Natural Language Processing Market:

The Top Companies Natural Language Processing Market include IBM (US), Microsoft (US), Google (US), AWS (US), Meta (US), 3M (US), Baidu (China), Apple (US), SAS Institute (US), IQVIA (UK), Oracle (US), Salesforce (US), OpenAI (US), Inbenta (US), LivePerson (US), SoundHound AI (US), Veritone (US), Dolby (US), Bitext (US), Conversica (US), UiPath (US), Observe.ai (US), Gnani.ai (India), Crayon Data (Singapore), Narrativa (US), DeepSet (US), Ellipsis Health (US), Verbit.ai (US), Rasa (US), TextRazor (England), and Cohere (Canada).

Browse Adjacent Markets: Artificial Intelligence (AI) Market Research Reports & Consulting

Related Reports:

Knowledge Graph Market – Global Forecast to 2032

AI Voice Generator Market – Global Forecast to 2031

AIoT Market – Global Forecast to 2030

AI Platform Market – Global Forecast to 2030

AI Assistant Market – Global Forecast to 2030

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/natural-language-processing-nlp-market-worth-249-97-billion-by-2031–report-by-marketsandmarkets-302811593.html

Continue Reading

Technology

CHiQ at IFA 2026: From Global Expansion to Deeper Local Engagement

Published

on

By

BERLIN, Sept. 4, 2026 /PRNewswire/ — At IFA Berlin on September 4, CHiQ unveiled its new AI-powered home appliance range, covering TVs, refrigerators, air conditioners, and washer-dryer combos. Rather than emphasizing technical specifications in isolation, the brand demonstrated how AI integrates into real-life household routines, marking a shift from technological innovation to everyday experiences and reflecting parent company Changhong’s continued focus on localization across global markets.

To address diverse household needs, CHiQ is embedding AI into a growing number of everyday scenarios. Its RGB MiniLED AI TV lineup integrates an integrated AI Sports Platform, transforming the TV from a traditional display into an interactive hub for home fitness and shared activities. The air conditioner features AI Human Presence Radar, which detects users’ locations and habits to adjust airflow dynamically. Meanwhile, the AI-powered refrigerator and laundry care system employ intelligent sensing and monitoring to help users take a more proactive approach to managing food freshness and garment cleanliness.

On IFA’s opening day, Grundig, CHiQ’s strategic partner and a premium European home appliance brand, presented a new product lineup across TVs, refrigerators, washer-dryers, and air conditioners. This showcase represents a further extension of Grundig’s brand development and product strategy and points to a new direction for Grundig in European and global markets.

In recent years, CHiQ’s focus has centered on simplifying everyday household chores through smart innovation. The brand has introduced a virtual giant panda as an AI interactive assistant, adding warmth and personality to its smart TVs and other AI-enabled appliances while naturally incorporating distinctive elements of Chinese culture into the user experience.

Skiing has also become another bridge connecting CHiQ with European lifestyles. Over the same period, the brand has strengthened its European presence as an official data partner of the FIS Ski Jumping World Cup. These efforts have deepened CHiQ’s connections with consumers in Europe and around the world. At the same time, the brand incorporates the speed of skiing and the pristine character of winter sports into its products, bringing technology closer to users’ lifestyles.

Behind these initiatives lies a broader shift: CHiQ is advancing its localization efforts. From product experiences and brand messaging to sports, culture and other aspects of local life, the company is establishing more diverse touchpoints as it expands its presence in Europe. Moving beyond simply entering overseas markets toward becoming part of them, CHiQ is bringing its global expansion into closer alignment with the local markets it serves.

About CHiQ

CHiQ, one of the world’s leading manufacturers of consumer electronics and household appliances, is redefining industry standards with innovative products, intelligent technologies, and a growing commitment to corporate social responsibility. Its influence continues to grow across global markets, especially in Europe.

SOURCE CHiQ

Continue Reading

Technology

New Poll: Parents Overwhelmingly Support the Agreement Between the States & Meta To Keep Young People Safe Online

Published

on

By

More Than Four-in-Five Parents Want Other Platforms Such As TikTok, YouTube and Snapchat to Adopt Safeguards

WASHINGTON, D.C., Sept. 4, 2026 /PRNewswire/ — The Coalition to Empower our Future (CEF) today released new research finding overwhelming support among parents nationwide for the recent agreement between states across the country and Meta to strengthen protections for young people online and give parents additional tools to support their children. The findings show that parents not only support the agreement, but also want other social media platforms to follow Meta’s lead and implement similar protections so young people have consistent safeguards across platforms.

“Parents want practical tools that help them keep their kids safe online, and they want those tools no matter what platform their kids are on,” said Glen Weiner, executive director of the Coalition to Empower our Future. “This agreement is an important step forward that will help protect young people using Instagram and Facebook, but kids don’t spend all their time on one platform. To continue making progress, other social media platforms need to join these efforts and adopt the same policies. There’s no single solution to the challenges young people are facing, but giving parents more tools and helping young people build healthier habits with technology are important pieces of a broader, comprehensive approach.”

According to the survey, more than four-in-five parents across the country support the agreement between the states and Meta, including 82 percent of Democratic parents and 84 percent of Republican parents. Other key findings include:

Parents believe the new safety measures will have a positive impact on youth mental health, including expanded parental controls (82 percent), daily screen-time limits (80 percent), and muting notifications during school hours (77 percent) and overnight (76 percent).Overwhelming majorities of parents on both sides of the aisle want other platforms to adopt the same policies. More than four-in-five say other platforms should implement the same online safety measures, including 85 percent of Democratic parents and 86 percent of Republican parents.

Support is similarly strong when parents are asked about individual platforms, including:TikTok (85 percent);YouTube (84 percent); andSnapchat (82 percent).Parents want policymakers to take action. Four-in-five parents (80 percent) would support their state legislature putting these online safety measures into law, and more than two-thirds of parents (67 percent) would be more likely to vote for an elected official who advances these measures.

The new findings build on previous research from CEF showing that parents and voters want a comprehensive approach to youth mental health that gives families practical tools and teaches young people how to navigate technology safely and responsibly.

The full research findings can be found HERE.

The research, conducted between August 28 and August 31, 2026, in partnership with Mercury Analytics, included an online survey of 1,000 parents nationwide.

About the Coalition to Empower our Future

Coalition to Empower our Future is an organization bringing together a range of voices to fully inform solutions that empower youth, parents, communities, and society. The Coalition to Empower our Future supports solutions that are inclusive of the full spectrum of factors impacting youth mental health. Former Montana Governor Steve Bullock, former U.S. Representative Carlos Curbelo, and Dr. Caroline Carney, a board-certified psychiatrist and internist, serve on the board of directors of the Coalition to Empower our Future.

To learn more, visit empowerourfuturecoalition.com or follow Coalition to Empower our Future on Facebook, X and YouTube.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-poll-parents-overwhelmingly-support-the-agreement-between-the-states–meta-to-keep-young-people-safe-online-302870113.html

SOURCE Coalition to Empower our Future

Continue Reading

Technology

Bybit On-Chain Earn Raises BTC Staking Yield by 50% to 1.2% APR

Published

on

By

DUBAI, UAE, Sept. 4, 2026 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce Bybit On-Chain Earn has partnered with Function (FBTC) to upgrade its BTC staking Vault product, raising the guaranteed annualized return from 0.8% to as much as 1.2%, a 50% increase of the evergreen offering.  With Bybit, BTC holders no longer need to sit on their idle asset as they navigate a range-bound BTC.

In early September 2026, BTC has been consolidating around the $80,000 level after rebounding from roughly $62,600 in August and briefly climbing above $81,000 in late August. The cryptocurrency continues to hold above its key moving averages, encouraging many long-term holders to maintain their position.

Bybit On-Chain Earn‘s new BTC staking solution comes with a guaranteed minimum return, distinguishing it from variable-rate products where yield fluctuates with market conditions. Eligible users may subscribe to a fixed 45-day term with no option for early redemption. A subscription cap of 200 BTC applies. Upon maturity, participants can opt into automatic renewal, allowing both principal and accrued returns to roll seamlessly into the next staking cycle without requiring manual reinvestment. This structure is designed to give BTC holders a straightforward way to generate yield on idle holdings while maintaining predictable, fixed-term commitments.

The partnership with Function, the protocol behind FBTC, extends Bybit’s collaboration with the DeFi and TradFi convergence space, diversifying user access to potential yield opportunities across the digital asset landscape.

The upgraded exclusive BTC vault is now live on Bybit. Terms and conditions apply. Users may visit Bybit On-Chain Earn for details on eligibility requirements and potential restrictions.

#Bybit  / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

View original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-on-chain-earn-raises-btc-staking-yield-by-50-to-1-2-apr-302870204.html

SOURCE Bybit

Continue Reading

Trending