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Global Language Services Market 2021-2025

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    Report

  • 120 Pages
  • July 2021
  • Region: Global
  • TechNavio
  • ID: 4894434
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The publisher has been monitoring the language services market and it is poised to grow by USD 21.67 bn during 2021-2025, progressing at a CAGR of 6.64% during the forecast period. The report on the language services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.



The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by technology adoption to enhance language translation process efficiency and increased government spending on language services.



The language services market analysis includes the end-user segment and geographic landscape.



The language services market is segmented as below:

By End-user

  • Healthcare
  • ICT
  • BFSI
  • Government
  • Others

By Geographical Landscape

  • Europe
  • North America
  • APAC
  • South America
  • MEA

This study identifies the globalization of businesses as one of the prime reasons driving the language services market growth during the next few years.



The report on language services market covers the following areas:

  • Language services market sizing
  • Language services market forecast
  • Language services market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading language services market vendors that include Acolad, APPEN Ltd., Iyuno SDI Group, Keywords Studios Plc, LanguageLine Solutions, Lionbridge Technologies LLC, SDL Ltd., Star Group, TransPerfect Global Inc., and Welocalize Inc. Also, the language services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.



The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.



The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


Table of Contents

Executive Summary

  • Market overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Healthcare - Market size and forecast 2020-2025
  • ICT - Market size and forecast 2020-2025
  • BFSI - Market size and forecast 2020-2025
  • Government - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by End-userCustomer landscape
  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity By Geographical Landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Acolad
  • APPEN Ltd.
  • Iyuno SDI Group
  • Keywords Studios Plc
  • LanguageLine Solutions
  • Lionbridge Technologies LLC
  • SDL Ltd.
  • Star Group
  • TransPerfect Global Inc.
  • Welocalize Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits

  • Key Finding 1
  • Key Finding 2
  • Key Finding 3
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Key Finding 8
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 ($ million)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • End-user - Market share 2020-2025 (%)
  • Comparison by End-user
  • Healthcare - Market size and forecast 2020-2025 ($ million)
  • Healthcare - Year-over-year growth 2020-2025 (%)
  • ICT - Market size and forecast 2020-2025 ($ million)
  • ICT - Year-over-year growth 2020-2025 (%)
  • BFSI - Market size and forecast 2020-2025 ($ million)
  • BFSI - Year-over-year growth 2020-2025 (%)
  • Government - Market size and forecast 2020-2025 ($ million)
  • Government - Year-over-year growth 2020-2025 (%)
  • Others - Market size and forecast 2020-2025 ($ million)
  • Others - Year-over-year growth 2020-2025 (%)
  • Market opportunity by End-user
  • Customer landscape
  • Market share By Geographical Landscape 2020-2025 (%)
  • Geographic comparison
  • Europe - Market size and forecast 2020-2025 ($ million)
  • Europe - Year-over-year growth 2020-2025 (%)
  • North America - Market size and forecast 2020-2025 ($ million)
  • North America - Year-over-year growth 2020-2025 (%)
  • APAC - Market size and forecast 2020-2025 ($ million)
  • APAC - Year-over-year growth 2020-2025 (%)
  • South America - Market size and forecast 2020-2025 ($ million)
  • South America - Year-over-year growth 2020-2025 (%)
  • MEA - Market size and forecast 2020-2025 ($ million)
  • MEA - Year-over-year growth 2020-2025 (%)
  • Key leading countries
  • Market opportunity By Geographical Landscape ($ million)
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Acolad - Overview
  • Acolad - Product and service
  • Acolad - Key offerings
  • Acolad - Key customers
  • Acolad - Segment focus
  • APPEN Ltd. - Overview
  • APPEN Ltd. - Business segments
  • APPEN Ltd. - Key offerings
  • APPEN Ltd. - Key customers
  • APPEN Ltd. - Segment focus
  • Iyuno SDI Group - Overview
  • Iyuno SDI Group - Product and service
  • Iyuno SDI Group - Key offerings
  • Iyuno SDI Group - Key customers
  • Iyuno SDI Group - Segment focus
  • Keywords Studios Plc - Overview
  • Keywords Studios Plc - Business segments
  • Keywords Studios Plc - Key offerings
  • Keywords Studios Plc - Key customers
  • Keywords Studios Plc - Segment focus
  • LanguageLine Solutions - Overview
  • LanguageLine Solutions - Product and service
  • LanguageLine Solutions - Key offerings
  • LanguageLine Solutions - Key customers
  • LanguageLine Solutions - Segment focus
  • Lionbridge Technologies LLC - Overview
  • Lionbridge Technologies LLC - Product and service
  • Lionbridge Technologies LLC - Key offerings
  • Lionbridge Technologies LLC - Key customers
  • Lionbridge Technologies LLC - Segment focus
  • SDL Ltd. - Overview
  • SDL Ltd. - Business segments
  • SDL Ltd. - Key offerings
  • SDL Ltd. - Key customers
  • SDL Ltd. - Segment focus
  • Star Group - Overview
  • Star Group - Product and service
  • Star Group - Key offerings
  • Star Group - Key customers
  • Star Group - Segment focus
  • TransPerfect Global Inc. - Overview
  • TransPerfect Global Inc. - Product and service
  • TransPerfect Global Inc. - Key offerings
  • TransPerfect Global Inc. - Key customers
  • TransPerfect Global Inc. - Segment focus
  • Welocalize Inc. - Overview
  • Welocalize Inc. - Product and service
  • Welocalize Inc. - Key offerings
  • Welocalize Inc. - Key customers
  • Welocalize Inc. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global language services market: Acolad, APPEN Ltd., Iyuno SDI Group, Keywords Studios Plc, LanguageLine Solutions, Lionbridge Technologies LLC, SDL Ltd., Star Group, TransPerfect Global Inc., and Welocalize Inc.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the globalization of businesses.`

According to the report, one of the major drivers for this market is technology adoption to enhance language translation process efficiency.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Acolad
  • APPEN Ltd.
  • Iyuno SDI Group
  • Keywords Studios Plc
  • LanguageLine Solutions
  • Lionbridge Technologies LLC
  • SDL Ltd.
  • Star Group
  • TransPerfect Global Inc.
  • Welocalize Inc.