Executive Summary

• In this report, we have profiled 10 NLP startups working in the areas of natural language search, conversational commerce, automated speech recognition and content analysis, which have the potential to disrupt the retail industry.
• NLP is a branch of Artificial Intelligence, and it forms the backbone of chatbots, as well as the core element supporting machine translation, information extraction and summarization.
• The global NLP market was valued at $277.2 million in 2015, and is expected to reach $2.1 billion by 2024.