Natural Language Processing (NLP) Software Market Size by Type

ABI Research forecasts the Natural Language Processing (NLP) market size to increase from US$20 billion in 2024 to nearly US$32 billion by 2030. This represents a Compound Annual Growth Rate (CAGR) of 8%. Enterprise services account for roughly half the total market value throughout the forecast period, with AI Operations, Management, and Maintenance growing at the fastest rate. Foundation models, meanwhile, will remain very nascent, comprising less than a billion dollars in revenue by 2030.