Market size of NLP products in China 2019-2026, by segment
As of 2020, the overall size of natural language processing (NLP) market in China reached roughly 38 billion yuan and was projected to grow at an average compound annual rate of 22 percent over the observed period, amounting to over 150 billion yuan in 2026. Natural language processing belongs to the artificial intelligence industry and describes the analysis and synthesis of human speech.