Veytics Intelligence
2026-10-01 · Yahoo

Natural Language Processing Market Forecasts Growth from $69.13B (2026) to $216.89B by 2031, Profiling Google, Microsoft, AWS, OpenAI & Oracle

Company Logo The global natural language processing (NLP) market is projected to grow from USD 69.13 billion in 2026 to USD 216.89 billion by 2031, registering a 25.7% CAGR. Growth is driven by generative AI, RAG-enabled NLP, enterprise copilots, document intelligence and demand for unstructured data insights. Natural language understanding will lead by capability, while RAG-enabled NLP will be the fastest-growing technology. North America will hold the largest market share, and Asia Pacific will record the fastest growth amid rising cloud, automation and multilingual NLP adoption. Dublin, Oct.

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