Data Related Concepts

Natural Language Processing

NLP is a subfield of linguistics, computer science and AI concerned with the interactions between computers and human language, in particular how to program computers to process and analyze large amounts of natural language data. It helps computers communicate with humans in their own language and scales other language-related tasks. By using NLP, you can better extract data or information from text-based documents and improve on more complex analytics tasks like sentiment analysis. The global Natural Language Processing (NLP) market size is expected to grow from $11.6 billion in 2020 to $35.1 billion by 2026, at a CAGR of 20.3% during the forecast period.