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Language Translation - Market Opportunities, Strategies, and Forecasts, 2007 to 2013
WinterGreen Research, Inc., Sep 2007, Pages: 363
Language translation software is positioned as globalization software solutions. Localization relates to the adaptation of products or services to the cultural, legal, linguistic, and technical requirements of a specific locale.
Exchanged of data between systems is automated using Web Services. Use of Web Services simplifies the translation process and reduces turnaround times by enabling translation-ready content that is ready to be detected, gathered for submission, posted, tracked, and pulled back automatically.
Some words have different meanings and syntactic behavior, depending on the semantic context in which they are used. Even with specialized dictionaries the quality of the translation cannot always be satisfactory because of the total freedom and productivity of content on the web; the dictionaries selected cannot be the exact domain glossary due to extreme diversity; and the impossible task of having a complete description of all possible domains (a problem not only of cost, but of expertise).
No generic MT system can solve translation problems. The key to having a good translation is to have a good writer. The writer is an educated person able to create sentences that make sense and paragraphs that flow. This is central to the translation market.
Worldwide language translation software license shipments market shares analysis indicates that IBM is the leader with its WebSphere product that supports Portal. IBM has 58% market share.
Localization translation software market forecasts indicate that markets become $1 billion markets by the end of the forecast period. Software is becoming much more accurate as it combines the separate algorithms that have been used hitherto to create more accurate systems.
Report Methodology
This is the 307th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
About the Principal Authors
Ellen T. Curtiss, , conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.
Susan Eustis holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Regional Bell Operating Companies' marketing strategies, Internet equipment, a study of Internet Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, and Application Integration markets. Ms. Eustis is a graduate of Barnard College.
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