Text Generation | Vibepedia

Text generation, also known as natural language generation (NLG), is a subfield of artificial intelligence and computational linguistics that enables computers to produce human-like text from non-linguistic data. With applications in report generation, chatbots, and content creation, text generation has become a crucial technology in various industries. According to a survey by [[gartner|Gartner]], the market for NLG is expected to grow by 20% annually, with companies like [[google|Google]] and [[microsoft|Microsoft]] investing heavily in NLG research. The technology has also been adopted by [[forrester|Forrester]]-recognized companies, such as [[ibm|IBM]] and [[sap|SAP]], to automate content creation and improve customer engagement. As of 2022, the global NLG market size was estimated to be around $1.4 billion, with a projected growth to $4.6 billion by 2025, as reported by [[marketsandmarkets|MarketsandMarkets]].