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Translation Services in the US
IBISWorld, May 2011, Pages: 32
Translating to revenue: Increasing globalization and expansion overseas will drive demand
Translation Services in the US
Internet translates to revenue
This industry translates has experienced growth, despite the turbulent economy over the last five years. As non-native English speakers came to the United States and companies took products overseas the need for translation services was driven upward. Industry clients will continue to be price, service and quality conscious. Globalization and an increase in immigration will keep the industry in demand for the coming years.
This industry includes companies that translate written material and interpret speech from one language to another. It also includes companies that provide sign language services. The services provided by this industry include document translation and website localization, meaning translation of website information into languages for use in other countries, taking into account any unique cultural and linguistic traits.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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