Natural Language Understanding (NLU) Market Trends Driven by AI Chatbots, Speech Analytics, and Intelligent Automation
The global Natural Language Understanding (NLU) market size was valued at USD 19.2 billion in 2024 and is projected to reach USD 62.9 billion in 2029, growing at a CAGR of 26.8% from 2025 to 2029. The market is driven by the rapid adoption of conversational AI, increasing deployment of AI-powered virtual assistants, rising demand for intelligent customer engagement platforms, and advancements in large...