Initial setup costs remain a barrier to market growth, as well as a lack of skilled professionals to implement NLP.

The natural language processing market, which includes machine translation, information extraction, summarization, text classification and sentiment analysis, is expected to reach a $41 billion valuation by 2025.

An increase in demand for analyzing conversations and social media, alongside other customer experience enhancements, are considered key drivers for NLP, according to Adroit Market Research.

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