A new research document titled, “Global Natural Language Understanding (NLU) Market” is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Natural Language Understanding (NLU) market. AMA recognizes following companies as the major players in the Global Natural Language Understanding (NLU) market which includes IBM (United States), A.S. Watson Group (Hong Kong), Nuance Communications (United States), Amazon Web Services (United States), Microsoft Corporation (United States), SAS Institute (United States), Idiap Research Institute (United States) and The Aspect NLU Lab (United States).

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. The Rise in the Utility of Smart Devices is one of the key components driving the development of this market in the following couple of years. "The Emergence of Several New Application Areas " adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.

One of the key patterns that will drive the development prospects for the Natural Language Understanding (NLU) amid the anticipated period is the The Increasing Awareness about Perceived Benefits of NLP . The , such as , is boosting the Natural Language Understanding (NLU) market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Natural Language Understanding (NLU) market is very focused because of the nearness of many key organizations. The main Players are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.

The key target audience considered while formulating the study are as follows:
New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists, Private Equity Firms, Government Regulatory, Research Organizations and End-Use Industry

Research Methodology:

The top-down and bottom-up approaches are used to estimate and validate the size of the Global Natural Language Understanding (NLU) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Natural Language Understanding (NLU) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists, Private Equity Firms, Government Regulatory, Research Organizations and End-Use Industry.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.