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Captioning & Subtitling Solutions Market - Huge Growth Opportunities and Trends to 2025

Captioning & Subtitling Solutions Market - Huge Growth Opportunities and Trends to 2025 | Language Tech Market News | Scoop.it
The major manufacturers covered in this report: 3Play Media, Apptek, IBM, Capital Captions, VITAC, Telestream, Tell Language Solutions, Transcribe Now, EEG Enterprises, Compusult, ZOO Digital Group, Amara Enterprise
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Intelligent Virtual Assistant Market to Grow by 38% CAGR Through 2023

Intelligent Virtual Assistant Market to Grow by 38% CAGR Through 2023 | Language Tech Market News | Scoop.it

Companies covered: IBM, Nuance, Anboto, Clara Labs, Creative Virtual, eGain Communications, InteliWISE, CX Company, Artificial Solutions

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Text Analytics Market Worth $8.79B by 2023?

Text Analytics Market Worth $8.79B by 2023? | Language Tech Market News | Scoop.it

Major text analytics software and services vendors are SAP (Germany), IBM (US), SAS (US), OpenText Corporation (Canada), Clarabridge (US), Megaputer Intelligence (US), Luminoso Technologies (US), MeaningCloud (US), KNIME.com (Switzerland), Infegy, (US), Lexalytics (US), Bitext Innovations (Spain), and Averbis (Germany).

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Intelligent VA Market Growth to 2023

Intelligent VA Market Growth to 2023 | Language Tech Market News | Scoop.it

Top players including: Anboto Group, Apple, Artificial Solutions, Clara Labs, CodeBaby, Creative Virtual, CX, eGain Communications, Eidoserve, Existor, Google, IBM, Intel, Microsoft, Next IT, Nuance Communications, Oracle, Speaktoit, Synthetix, ViClone.

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Report: Global Business Intelligence Tools Market 2018

Report: Global Business Intelligence Tools Market 2018 | Language Tech Market News | Scoop.it

Top companies cited in this Report
Lexalytics, Sysomos, Linguamatics, Abzooba (Xpresso), General Sentiment, Inc.,Medalla, Tableau Software, Actuate Corporation, Oracle, CloudAnalytics, Good Data, Qlik Technologies, IBM, SAP, Tibco, SAS

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IDC: Worldwide Spend on Cognitive and AI Systems to Reach $77.6B by 2022

IDC: Worldwide Spend on Cognitive and AI Systems to Reach $77.6B by 2022 | Language Tech Market News | Scoop.it

According to a new update to the International Data Corporation (IDC) Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide, spending on cognitive and AI systems will reach $77.6 billion in 2022, more than three times the $24.0 billion forecast for 2018. CAGR for 2017-2022 will be 37.3%.

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Market Report: Global Public Relations Tools 2018 

Market Report: Global Public Relations Tools 2018  | Language Tech Market News | Scoop.it

Key Players in PR) Tools Market: Outbrain, Google, Business Wire, Salesforce, Meltwater, Cision AB, AirPR Software, IrisPR Software, ISentia, Onalytica, Prezly, IPR Software, TrendKite, Agility, Red Wheat

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Older Users Embracing Digital Assistants Says Report

Older Users Embracing Digital Assistants Says Report | Language Tech Market News | Scoop.it

The Center for the Digital Future has released its digital assistant findings in a new mini-report, Smartest Edge: Digital Assistants.
According to the study, more than 44 percent of Americans use some form of digital assistant. It also found that more than 60 percent of Americans under 16 reported using digital assistants; young people are often quick to adopt new technology. But the center also saw that 31 percent of those over age 65 and 27 percent of those over age 75 also reported using digital assistants.

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Baidu's DuerOS Assistant Now Installed on 100 Million Devices

Baidu's DuerOS Assistant Now Installed on 100 Million Devices | Language Tech Market News | Scoop.it

Baidu has announced that its conversational AI assistant DuerOS has reached an install base of 100 million devices, up from 50 million just six months ago. This is a suite of software developer kits (SDKs), APIs, and turnkey solutions that allow original equipment manufacturers (OEMs) to quickly integrate Baidu’s voice platform with smart speakers, refrigerators, washing machines, set-top boxes, and more. To date, its more than 200 partners have launched 110 DuerOS-powered devices.

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Text Analytics Market to Reach US$ 8.961Bn by 2022

Text Analytics Market to Reach US$ 8.961Bn by 2022 | Language Tech Market News | Scoop.it
key players profiled in this report are:
Crimson Hexagon, Averbis, Bitext Innovations, S.L., Clarabridge, IBM, Infegy, Inc., KNIME.com AG, Lexalytics, LUMINOSO, MeaningCloud LLC, Megaputer Intelligence, Inc., Microsoft Corporation, OpenText Corp, Oracle, SAP SE, SAS Institute, Inc., TABLEAU SOFTWARE, The Hewlett-Packard Company and TIBCO Software Inc. etc.
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Deep Learning Market to Exceed US$18B by 2024

Deep Learning Market to Exceed US$18B by 2024 | Language Tech Market News | Scoop.it

The Deep Learning Market is expected to exceed US$18 Billion by 2024 at a CAGR of 42% in the given forecast period.

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Report: #NLProc in Digital Healthcare. From Legacy to Niche Apps

Report: #NLProc in Digital Healthcare. From Legacy to Niche Apps | Language Tech Market News | Scoop.it

The current market for natural language processing (NLP) technology in healthcare is nascent, dominated by a few legacy vendors that are focusing on front-end speech recognition (for computer-assisted physician documentation) and back-end coding (to optimize billing). While many vendors continue to advance NLP technology for more general use, there are a handful of niche solutions from highly specialized healthcare vendors pursuing additional opportunities to apply the technology. The research delves into a dozen such notable applications, including computer-assisted coding, speech recognition, and data mining.

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Study: Global Chatbot Market to Grow 24.4% in Next 4 Years

Study: Global Chatbot Market to Grow 24.4% in Next 4 Years | Language Tech Market News | Scoop.it

The global chatbot market is forecast to grow by 24.43% over the next four years, with self-service apps driving adoption, according to a report by Research and Markets.
One of the major impediments so far to chatbot growth globally is the lack of awareness and standardization, according to the report. Consumers in emerging markets like Brazil and India are unaware of chatbots and their usefulness, which limits their widespread adoption

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Summary of #VoiceSearch Statistics for Marketers

Summary of #VoiceSearch Statistics for Marketers | Language Tech Market News | Scoop.it
65% of 25-49 year olds speak to their voice-enabled devices at least once per day. The 25-49 year old demographic is the most likely to perform daily voice searches, followed closely by 18-24 year olds, and 50+ year olds, respectively. Though 25-49 year olds are the most active voice searchers, the 18-24 demographic is credited with helping to drive early adoption of the technology (Source: PwC).

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Global Market for Social and Entertainment Robots  to Grow at CAGR of +9%

Global Market for Social and Entertainment Robots  to Grow at CAGR of +9% | Language Tech Market News | Scoop.it

Key Players in this report are: Robot Care Systems, Savioke, Blue Frog Robotics, Avatarmind, Jibo, Asus, Future Robot, Vstone, Aldebaran, Fellow Robots, and PAL Robotics

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Global Martech Market (IoT,Voice, SEO etc.) Worth $100B

Global Martech Market (IoT,Voice, SEO etc.) Worth $100B | Language Tech Market News | Scoop.it

Marketing technology: Looking at the specific technologies behind this burgeoning market, the research shows email is used by 79% of marketers, closely followed by social media (77%).
The most established technology currently in use is the Internet of Things (IoT) and connected devices, followed by voice tech, which is especially popular in the UK where 36% of respondents say they currently use a tool for voice search with another 11% planning to do so in the next few months.
The report also finds that search engine optimisation (SEO) is the most planned-for tactic that marketers intend to use in the year ahead. That’s because, despite being an established marketing discipline, it is one that continues to change as algorithms develop.

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Report: #NLG Market Worth $680M By 2022

Report: #NLG Market Worth $680M By 2022 | Language Tech Market News | Scoop.it
Natural Language Generation (NLG) market size to maintain the average annual growth rate of 20.89% from 150 million $ in 2014 to 265 million $ in 2017, analysts believe that in the next few years, Natural Language Generation (NLG) market size will be further expanded, we expect that by 2022, The market size of the Natural Language Generation (NLG) will reach 680 million $.
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OS Intelligence Market Report: Huge Growth Opportunities

OS Intelligence Market Report: Huge Growth Opportunities | Language Tech Market News | Scoop.it

Leading OSI players: CybelAngel, KB Crawl SAS, Palantir Technologies, SAIL LABS Technology, Digimind, Verint Systems, Intrinsic Technologies LLC, Expert system, Thales Group and Exalead Dassault Systemes.

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Global Language Processing Market Forecasts to 2025

Global Language Processing Market Forecasts to 2025 | Language Tech Market News | Scoop.it

Top Language Processing Manufacturers covered in this report: Addstructure, Apple, Dialogflow, DigitalGenius, Google, IBM, Klevu, Microsoft, Mindmeld, NetBase, Satisfi Labs, Twiggle, Inbenta

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Global AI (incl. #NLProc) in Security Market 2018 Worth $20.01B by 2023

Global AI (incl. #NLProc) in Security Market 2018 Worth $20.01B by 2023 | Language Tech Market News | Scoop.it
Major Industry Players in the Global Market: IBM, Acalvio, Sparkcognition, Skycure, Antivirus Companies, Nvidia, Cylance, Micron, Sift Science, Xilinx, Darktrace, Intel, Securonix, Amazon, Threatmetrix, High-Tech Bridge, Samsung Electronics, Deep Instinct, Feedzai and Sentinelone
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Voice and #ASR Software Market to Hit $6.9B by 2025

Voice and #ASR Software Market to Hit $6.9B by 2025 | Language Tech Market News | Scoop.it

The global market for voice and speech recognition software will increase from $1.1 billion in 2017 to $6.9 billion by 2025, according to a new report from Tractica. The leading use cases for the technology during that period will include healthcare (clinical documentation), automotive virtual digital assistants (VDAs), and voice commerce and customer service applications.
Additional use cases will include smart home controls, security and authentication, and voice search, among others, the report notes.

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Global OS Intelligence Market Worth $25.9B Mn by 2026 

Global OS Intelligence Market Worth $25.9B Mn by 2026  | Language Tech Market News | Scoop.it

Open Source Intelligence Market by Deployment Type (Cloud and On-premises); by Source (Public Government Data, Professional and Academic Publications, Commercial Data, Grey Literature, Media, and Internet); by Security Type (Data Analytics, Text Analytics, Artificial Intelligence, Big Data, Human Intelligence, Content Intelligence, and Dark Web Analysis); for Application (Private Sector, Public Sector, Military and Defense, Homeland Security, and National Security)

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Deep Learning Chip Market Growing at ~40% CAGR

Deep Learning Chip Market Growing at ~40% CAGR | Language Tech Market News | Scoop.it

According to a report by Allied Market Research, (Global Deep Learning Chip Market by Chip type, Technology, and Industry vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025), the global deep learning chip market was valued at $1,975 million in 2017, and is projected to reach $29,368.0 million by 2025, growing at a CAGR of 39.9% from 2018 to 2025. At present, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and UK led the overall market in Europe. However, in the Asia-Pacific region, China currently dominates the market.

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The Numbers on Smart Speaker Voice Search in 2018

The Numbers on Smart Speaker Voice Search in 2018 | Language Tech Market News | Scoop.it

With an average of 2.79 smart speaker uses per day, that equals close to 132 million daily interactions with a smart speaker voice assistant, if we use the US figures. If we then imagine that about 20-25% of those interactions are actual voice searches for local businesses, information, or other things brands can rank for, we end up with a rough ballpark figure of 26.4 million smart speaker voice searches per day. This is far less than our (fairly conservative) estimate of the number of mobile voice searches that are being carried out (which we estimated in part one of this series). However, the figures show that this is an audience who are engaged with their devices (using them multiple times per day), and is still growing – whereas smartphone sales have been shown to be tapering off as the market for smartphones becomes saturated.

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Report: Opportunities for Better Legal Tech: US and EU? 

Report: Opportunities for Better Legal Tech: US and EU?  | Language Tech Market News | Scoop.it

The report looks at adoption of multiple types of legal technologies. Compared to the U.K. and Europe, U.S. legal departments are more likely to use e-signature and e-discovery technology. Only 49 percent of legal departments in mainland Europe and only 37 percent of legal departments in the U.K. use this technology. According to the data, 48 percent of legal departments in Europe are using searchable knowledge bases, while in the U.S., only 25 percent of legal organizations are using these knowledge bases.

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