Quick Summary:
In an era where cross-cultural communication and international business transactions are more prevalent than ever, the value of quality language services cannot be underestimated. This burgeoning market, encompassing crucial services such as translation and interpretation, offers corporations the opportunity to enhance their global communication capabilities significantly. Swift advancement in technology and rising government spending on language services are among the many factors propelling the market's growth.
Our comprehensive report, complete with a holistic market analysis, positions itself as an essential resource for senior executives who aspire to leverage this growth trajectory. It provides succinct insights concerning the latest market trends and growth drivers, an assessment of the competitive landscape, as well as a forecast for future opportunities. Moreover, this study extensively analyzes the emerging emphasis on transcreation, the increasing localization of video content and other industry advancements, presenting actionable insights for strategic decision-making. Our industry report is an invaluable tool in guiding your endeavors within this promising market.
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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technology adoption to enhance language translation process efficiency, increased government spending on language services, and increased adoption of content reuse platforms.
The language services market is segmented as below:
By Service
- Translation
- Interpretation
- Others
By End-user
- Healthcare
- ICT
- BFSI
- Government
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the language services market covers the following areas:
- Language services market sizing
- Language services market forecast
- Language services market industry analysis
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 provide 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
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global language services market: Acolad Group, APPEN Ltd., Centific Global Solutions Inc., Honyaku Center Inc., IMAGICA GROUP Inc., Iyuno, Keywords Studios Plc, Lionbridge Technologies LLC, President Translation Service Group International, Questel, RWS Holdings PLC, STAR AG, Teleperformance SE, thebigword Group Ltd., TransPerfect Global Inc., United Language Group, Voice and Script International Ltd., Welocalize Inc., Cyracom International Inc., and Dubbing Brothers SAS.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased emphasis on transcreation.'
According to the report, one of the major drivers for this market is the 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 Group
- APPEN Ltd.
- Centific Global Solutions Inc.
- Honyaku Center Inc.
- IMAGICA GROUP Inc.
- Iyuno
- Keywords Studios Plc
- Lionbridge Technologies LLC
- President Translation Service Group International
- Questel
- RWS Holdings PLC
- STAR AG
- Teleperformance SE
- thebigword Group Ltd.
- TransPerfect Global Inc.
- United Language Group
- Voice and Script International Ltd.
- Welocalize Inc.
- Cyracom International Inc.
- Dubbing Brothers SAS
