Global Natural Language Generation (NLG) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Software and Services - Managed Services and Professional Services[Training and Support and Consulting Services].

By Application;

Fraud Detection and Anti-Money Laundering, Predictive Maintenance, Risk and Compliance Management, Customer Experience Management, and Others.

By Business Function;

Finance, Legal, Marketing and Sales, Operations, and Human Resources.

By Deployment Model;

On-Premises and Cloud.

By Organization Size;

Small and Medium-Sized Enterprises and Large Enterprises.

By Industry Vertical;

Banking, Financial Services, and Insurance, Retail and Ecommerce, Government and Defence, Healthcare and Life Sciences, Manufacturing, Telecom and IT, Media and Entertainment, Energy and Utilities, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn924934078 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Natural Language Generation (NLG) Market (USD Million), 2021 - 2031

In the year 2024, the Global Natural Language Generation (NLG) Market was valued at USD 923.96 million. The size of this market is expected to increase to USD 3,428.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 20.6%.

The Global Natural Language Generation (NLG) Market is witnessing significant growth, driven by the increasing demand for advanced data analytics, automation, and AI-driven communication technologies across various industries. NLG, a subset of artificial intelligence, focuses on transforming structured data into human-readable text. This technology is becoming essential for businesses aiming to streamline content creation, reporting, and decision-making processes. Industries such as financial services, healthcare, retail, and media are adopting NLG to generate reports, personalized content, and customer insights in real time, reducing manual intervention and enhancing operational efficiency.

The rising volume of data generated by enterprises, coupled with the growing need for real-time data interpretation, has fueled the demand for NLG solutions. As businesses strive to improve customer engagement and provide personalized experiences, NLG technologies are playing a pivotal role in automating customer communications and enhancing decision-making processes. With advancements in AI, machine learning, and natural language processing, the NLG market is expected to continue its upward trajectory, offering innovative solutions to complex business challenges.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Application
    3. Market Snapshot, By Business Function
    4. Market Snapshot, By Deployment Model
    5. Market Snapshot, By Organization Size
    6. Market Snapshot, By Industry Vertical
    7. Market Snapshot, By Region
  4. Global Natural Language Generation (NLG) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Data-Driven Decision-Making

        2. Rising Adoption of AI and Machine Learning Technologies

        3. Enhanced Customer Engagement and Personalization

      2. Restraints
        1. High Implementation Costs

        2. Complexity in Integrating NLG Solutions with Existing Systems

        3. Data Privacy and Security Concerns

      3. Opportunities
        1. Expansion into Emerging Markets

        2. Integration of NLG with Conversational AI

        3. Advancements in Natural Language Processing (NLP) and AI Technologies

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Natural Language Generation (NLG) Market, By Component, 2021 - 2031 (USD Million)
      1. Software
      2. Services
        1. Managed Services
        2. Professional Services
        3. Training and Support
        4. Consulting Services
    2. Global Natural Language Generation (NLG) Market, By Application, 2021 - 2031 (USD Million)
      1. Fraud Detection and Anti-Money Laundering
      2. Predictive Maintenance
      3. Risk and Compliance Management
      4. Customer Experience Management
      5. Others
    3. Global Natural Language Generation (NLG) Market, By Business Function, 2021 - 2031 (USD Million)
      1. Finance
      2. Legal
      3. Marketing and Sales
      4. Operations
      5. Human Resources
    4. Global Natural Language Generation (NLG) Market, By Deployment Model, 2021 - 2031 (USD Million)
      1. On-Premises
      2. Cloud
    5. Global Natural Language Generation (NLG) Market, By Organization Size, 2021 - 2031 (USD Million)
      1. Small and Medium-Sized Enterprises
      2. Large Enterprises
    6. Global Natural Language Generation (NLG) Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. Banking, Financial Services, and Insurance
      2. Retail and Ecommerce
      3. Government and Defence
      4. Healthcare and Life Sciences
      5. Manufacturing
      6. Telecom and IT
      7. Media and Entertainment
      8. Energy and Utilities
      9. Others
    7. Global Natural Language Generation (NLG) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Narrative Science
      2. Automated Insights
      3. Narrativa
      4. Yseop
      5. Retresco
      6. Artificial Solutions
      7. Phrasee
      8. AX Semantics
      9. CoGenTex
      10. Phrasetech
      11. NewsRx
      12. Conversica
  7. Analyst Views
  8. Future Outlook of the Market