Scope of the Study
Translation services allow users of those services to have their information (spoken or written), available in a different language than their original form. These services are mostly provided by agencies, and include mostly translating text or speech from one language to another. Furthermore, translation services can be used across a wide range of sectors, content and files types, for both commercial businesses and public sector organizations. The global translation services market is anticipated to witness a considerable growth due to technology adoption to enhance translation service process efficiency and growing geographical outreach of organizations.
The market study is being classified, by Application (Commercial, Automotive, IT & Telecommunication, Healthcare, Government and Others) and major geographies with country level break-up.
LanguageLine Solutions (United States), Lionbridge (United States), TransPerfect (United States), SDL (United Kingdom), GlobaLexicon (United Kingdom), Global Language Solutions, Inc. (United States), Ingco International (United States), Foreign Translations ((United States), CLS Communication (Switzerland) and Net-Translators (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Dynamic Language (United States), Cuttingedge Translation Services Pvt. Ltd (India), Babylon Software Ltd (Israel), Mars Translation Services (China) and Straker Translations (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Translation Services market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Translation Services market by Type, Application and Region.
On the basis of geography, the market of Translation Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Written Translation Services will boost the Translation Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation, the sub-segment i.e. Technical Translation will boost the Translation Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Translation Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Technology Adoption to Enhance Translation Service Process Efficiency
- Growing Geographical Outreach of Organizations
- Augmented Adoption of Mobile Translation
- Fluctuations in Real Time Operation
- Fluctuations in Real Time Operation
- Availability of Open Source Language Service Tools
Market Leaders and their expansionary development strategies
On December 4, 2018, SDL, a leader in global content management, translation and digital experience, today announced a partnership with PFU Technical Communications Limited to develop solutions that help brands overcome the challenges involved in technical documentation creation, management and delivery across the content supply chain in multiple languages.
Key Target AudienceProviders of Translation Services, Software Developers, Manufacturers of Electronic Device, Suppliers of Electric Electronic Device Parts, Governmental Bodies, Security Agencies and Research Firms
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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