Translation services industry comprises establishments primarily engaged in translating written material from one language to another.
Translation Services Global Market Size
The global translation services market was valued at $43 billion in 2017. North America was the largest geographic region accounting for $26.6 billion or 61.8% of the global market. The USA was the largest country accounting for $20.1 billion or 46.7% of the global translation services market.
Translation Services Global Market Trend
Rise in the internet usage has allowed people to connect with each other resulting in rise in demand for long tail language translation services. Long tail languages include languages that do not form part of major languages and are not used by many people in today’s society. These languages are rarely spoken but still have a significant presence in many local communities. Most of the companies are localizing their business marketing strategies to target people falling in local tail languages category. Businesses are offering services that need to be translated to the people in local languages. As connectivity is on the rise there is a growing demand for long tail language translation services.
The companies covered are Lionbridge, TelePerformance, TransPerfect, Yamagata, and Semantix.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
UK legal services market to get Brexit boost
Deloitte is world’s biggest legal services firm, report claims
Europe's City Dwelling Past Makes It The World's Largest And Fastest-Growing Architectural And Engineering Services Market
Asian Demographics And Urbanization Are Boosting Global Advertising Spend
India's Management Consultancy Market's Rapid Growth Is Linked to Its Business Processing Industry
Law Firms Face Increasing Competition from Non-Traditional Sources
Standardization lowers the prices for interior design services.
Autonomous underwater vehicles to serve the offshore oil and gas industry.
Forensic Audit Services Global Market Report 2018
Global Legal Services Market, Opportunities And Strategies To 2021
Global Environmental Consulting Services Market, Opportunities And Strategies To 2021
Accounting Services Market Global Briefing 2018
Advertising, Public Relations, And Related Services Market Global Briefing 2018
Architectural, Engineering Consultants And Related Services Market Global Briefing 2018
Design, Research, Promotional And Consulting Services Market Global Briefing 2018
Environmental Consulting Services Market Global Briefing 2018