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The software localization market is forecasted to grow by USD 2.68 billion during 2024-2029, accelerating at a CAGR of 8% during the forecast period. The report on the software localization market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 digital transformation and software adoption in businesses, globalization of businesses, and 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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The software localization market is segmented as below:
By End-user
- Large enterprises
- SMEs
By Component
- Software
- Service
By Type
- Computer-assisted TS
- Machine TS
- TMS
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the software localization market covers the following areas:
- Software Localization Market sizing
- Software Localization Market forecast
- Software Localization Market industry analysis
The report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Market Segmentation by Component
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global software localization market: Adobe Inc., Alchemy Software Development Ltd., Alconost, Inc., Alphabet Inc., ARGOS TRANSLATIONS Sp. z o.o., Babylon Software Ltd., International Business Machines Corp., Lionbridge Technologies LLC, MateCat, MemoQ Translation Technologies Ltd., Memsource AS, Microsoft Corp., RWS Holdings PLC, Salesforce Inc., SAP SE, Smartcat Platform Inc., Smartling Inc., SYSTRAN SA, and Transifex.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is leveraging artificial intelligence (AI) for enhanced translation and localization."
According to the report, one of the major drivers for this market is the digital transformation and software adoption in businesses.
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 (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adobe Inc.
- Alchemy Software Development Ltd.
- Alconost Inc.
- Alphabet Inc.
- ARGOS TRANSLATIONS Sp. z o.o.
- Babylon Software Ltd.
- International Business Machines Corp.
- Lionbridge Technologies LLC
- MateCat
- MemoQ Translation Technologies Ltd.
- Memsource AS
- Microsoft Corp.
- RWS Holdings PLC
- Salesforce Inc.
- SAP SE
- Smartcat Platform Inc.
- Smartling Inc.
- SYSTRAN SA
- Transifex
