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Europe Natural Language Generation Market Size, Share & Trends Analysis Report By Enterprise Size (Large Enterprise and Small & Medium Enterprise (SME), By Application, By Solutions, By Deployment, By Vertical, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Sep 30, 2024
Length 164 Pages
SKU # KBV19215392

Description

Europe Natural Language Generation Market Size, Share & Trends Analysis Report By Enterprise Size (Large Enterprise and Small & Medium Enterprise (SME), By Application, By Solutions, By Deployment, By Vertical, By Country and Growth Forecast, 2024 - 2031


The Europe Natural Language Generation Market would witness market growth of 20.8% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Natural Language Generation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $164.7 million by 2031. The UK market is exhibiting a CAGR of 19.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 21.8% during (2024 - 2031).

NLG improves data visualization by transforming intricate data sets into narrative formats emphasizing critical insights, thereby simplifying the comprehension of the data's implications for non-technical stakeholders. In customer service, NLG can power Interactive Voice Response (IVR) systems by generating contextually relevant responses based on customer inquiries, leading to more efficient and satisfying interactions. Media organizations use NLG to automatically write articles on sports events, financial markets, or breaking news, allowing journalists to focus on in-depth analysis while automated systems handle routine reporting.

In addition, NLG can generate patient summaries, discharge instructions, and clinical notes from structured data entered by healthcare professionals, improving documentation efficiency and patient understanding. Educational platforms leverage NLG to create personalized quizzes, feedback, and learning materials tailored to individual student performance and needs, enhancing the learning experience. NLG automates the generation of user manuals, FAQs, and troubleshooting guides by converting technical specifications and common issues into user-friendly language, improving customer support resources.

The increasing prevalence of Artificial Intelligence (AI) and Machine Learning (ML) technologies across Europe significantly impacts the natural language generation market. As reported by Eurostat, in 2023, 8% of enterprises in the European Union with ten or more employees utilized AI technologies to enhance their business operations. Among the various applications of AI, automating workflows and assisting in decision-making through AI-based robotic process automation (RPA) emerged as the most commonly used, with 3% of enterprises implementing these solutions. The following are text mining and machine learning applications, which are utilized by 2.9% and 2.6% of enterprises, respectively. This trend indicates a rising demand for NLG tools that can automate the generation of insights from written language and streamline content creation processes. As businesses look to leverage AI for automation and enhanced decision-making, NLG will become an integral component of their strategies, facilitating improved content generation and overall efficiency in operations.

Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise (SME). Based on Application, the market is segmented into Risk & Compliance Management, Customer Experience Management, Fraud Detection & Anti-Money Laundering (AML), Predictive Maintenance, Performance Management, and Other Application. Based on Solutions, the market is segmented into Software and Service. Based on Deployment, the market is segmented into Cloud and On-premises. Based on Vertical, the market is segmented into Banking, Financial Services & Insurance, Manufacturing, Retail & Ecommerce, Government & Defense, Telecom & IT, Healthcare & Lifesciences, Energy & Utilities, Media & Entertainment, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • IBM Corporation
  • Microsoft Corporation
  • Google LLC (Alphabet Inc.)
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • SAS Institute Inc.
  • Salesforce, Inc.
  • Arria NLG Limited
  • vPhrase
  • Retresco GmbH
  • Yseop
Europe Natural Language Generation Market Report Segmentation

By Enterprise Size
  • Large Enterprise
  • Small & Medium Enterprise (SME)
By Application
  • Risk & Compliance Management
  • Customer Experience Management
  • Fraud Detection & Anti-Money Laundering (AML)
  • Predictive Maintenance
  • Performance Management
  • Other Application
By Solutions
  • Software
  • Service
By Deployment
  • Cloud
  • On-premises
By Vertical
  • Banking, Financial Services & Insurance
  • Manufacturing
  • Retail & Ecommerce
  • Government & Defense
  • Telecom & IT
  • Healthcare & Lifesciences
  • Energy & Utilities
  • Media & Entertainment
  • Other Vertical
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

164 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Natural Language Generation Market, by Enterprise Size
1.4.2 Europe Natural Language Generation Market, by Application
1.4.3 Europe Natural Language Generation Market, by Solutions
1.4.4 Europe Natural Language Generation Market, by Deployment
1.4.5 Europe Natural Language Generation Market, by Vertical
1.4.6 Europe Natural Language Generation Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2023, Mar – 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Natural Language Generation Market by Enterprise Size
5.1 Europe Large Enterprise Market by Country
5.2 Europe Small & Medium Enterprise (SME) Market by Country
Chapter 6. Europe Natural Language Generation Market by Application
6.1 Europe Risk & Compliance Management Market by Country
6.2 Europe Customer Experience Management Market by Country
6.3 Europe Fraud Detection & Anti-Money Laundering (AML) Market by Country
6.4 Europe Predictive Maintenance Market by Country
6.5 Europe Performance Management Market by Country
6.6 Europe Other Application Market by Country
Chapter 7. Europe Natural Language Generation Market by Solutions
7.1 Europe Software Market by Country
7.2 Europe Service Market by Country
Chapter 8. Europe Natural Language Generation Market by Deployment
8.1 Europe Cloud Market by Country
8.2 Europe On-premises Market by Country
Chapter 9. Europe Natural Language Generation Market by Vertical
9.1 Europe Banking, Financial Services & Insurance Market by Country
9.2 Europe Manufacturing Market by Country
9.3 Europe Retail & Ecommerce Market by Country
9.4 Europe Government & Defense Market by Country
9.5 Europe Telecom & IT Market by Country
9.6 Europe Healthcare & Lifesciences Market by Country
9.7 Europe Energy & Utilities Market by Country
9.8 Europe Media & Entertainment Market by Country
9.9 Europe Other Vertical Market by Country
Chapter 10. Europe Natural Language Generation Market by Country
10.1 Germany Natural Language Generation Market
10.1.1 Germany Natural Language Generation Market by Enterprise Size
10.1.2 Germany Natural Language Generation Market by Application
10.1.3 Germany Natural Language Generation Market by Solutions
10.1.4 Germany Natural Language Generation Market by Deployment
10.1.5 Germany Natural Language Generation Market by Vertical
10.2 UK Natural Language Generation Market
10.2.1 UK Natural Language Generation Market by Enterprise Size
10.2.2 UK Natural Language Generation Market by Application
10.2.3 UK Natural Language Generation Market by Solutions
10.2.4 UK Natural Language Generation Market by Deployment
10.2.5 UK Natural Language Generation Market by Vertical
10.3 France Natural Language Generation Market
10.3.1 France Natural Language Generation Market by Enterprise Size
10.3.2 France Natural Language Generation Market by Application
10.3.3 France Natural Language Generation Market by Solutions
10.3.4 France Natural Language Generation Market by Deployment
10.3.5 France Natural Language Generation Market by Vertical
10.4 Russia Natural Language Generation Market
10.4.1 Russia Natural Language Generation Market by Enterprise Size
10.4.2 Russia Natural Language Generation Market by Application
10.4.3 Russia Natural Language Generation Market by Solutions
10.4.4 Russia Natural Language Generation Market by Deployment
10.4.5 Russia Natural Language Generation Market by Vertical
10.5 Spain Natural Language Generation Market
10.5.1 Spain Natural Language Generation Market by Enterprise Size
10.5.2 Spain Natural Language Generation Market by Application
10.5.3 Spain Natural Language Generation Market by Solutions
10.5.4 Spain Natural Language Generation Market by Deployment
10.5.5 Spain Natural Language Generation Market by Vertical
10.6 Italy Natural Language Generation Market
10.6.1 Italy Natural Language Generation Market by Enterprise Size
10.6.2 Italy Natural Language Generation Market by Application
10.6.3 Italy Natural Language Generation Market by Solutions
10.6.4 Italy Natural Language Generation Market by Deployment
10.6.5 Italy Natural Language Generation Market by Vertical
10.7 Rest of Europe Natural Language Generation Market
10.7.1 Rest of Europe Natural Language Generation Market by Enterprise Size
10.7.2 Rest of Europe Natural Language Generation Market by Application
10.7.3 Rest of Europe Natural Language Generation Market by Solutions
10.7.4 Rest of Europe Natural Language Generation Market by Deployment
10.7.5 Rest of Europe Natural Language Generation Market by Vertical
Chapter 11. Company Profiles
11.1 IBM Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Regional & Segmental Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Product Launches and Product Expansions:
11.1.6 SWOT Analysis
11.2 Microsoft Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 SWOT Analysis
11.3 Google LLC (Alphabet Inc.)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Product Launches and Product Expansions:
11.3.6 SWOT Analysis
11.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental Analysis
11.4.4 Recent strategies and developments:
11.4.4.1 Partnerships, Collaborations, and Agreements:
11.4.4.2 Product Launches and Product Expansions:
11.4.5 SWOT Analysis
11.5 SAS Institute, Inc.
11.5.1 Company Overview
11.5.2 Recent strategies and developments:
11.5.2.1 Product Launches and Product Expansions:
11.5.3 SWOT Analysis
11.6 Salesforce, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.5.2 Product Launches and Product Expansions:
11.6.6 SWOT Analysis
11.7 Arria NLG Limited
11.7.1 Company Overview
11.7.2 Recent strategies and developments:
11.7.2.1 Product Launches and Product Expansions:
11.7.2.2 Acquisition and Mergers:
11.7.3 SWOT Analysis
11.8 vPhrase
11.8.1 Company Overview
11.8.2 SWOT Analysis
11.9 Retresco GmbH
11.9.1 Company Overview
11.9.2 SWOT Analysis
11.10. Yseop
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Product Launches and Product Expansions:
11.10.3 SWOT Analysis

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