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Language Translation Software & Services: Worldwide Market Outlook 2019-2024 with 251 Company Profiles - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--

The "Language Translation Software and Services: Global Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

This report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.

The report analyzes the worldwide markets for Language Translation Software and Services in US$ Million.

The report profiles 251 companies including many key and niche players such as:

  • AMPLEXOR International S.A. (Luxembourg)
  • AppTek (USA)
  • Babylon Ltd. (Israel)
  • Google Inc. (USA)
  • Global Linguist Solutions LLC (USA)
  • International Business Machines Corporation (IBM) (USA)
  • LanguageLine Solutions (USA)
  • Lionbridge Technologies Inc. (USA)
  • Manpower Group Solutions (USA)
  • RWS Group (UK)
  • Moravia IT a.s (Czech Republic)
  • SDL plc (UK)
  • STAR Group (Switzerland)
  • SYSTRAN S.A. (France)
  • thebigword Group Plc (UK)
  • TransPerfect Translations International Inc (USA)
  • Translations.com (USA)
  • Welocalize Inc. (USA)
  • Xerox Corporation (USA)

Key Topics Covered

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

2. INDUSTRY OVERVIEW

Translation Services Market Surges Ahead

Translation Industry - Dynamic as Ever

Increasing Focus on NMT

Demand for Continuous Content Creation and Delivery

Further Expansion of Video Translation Services

Apps for Translation

Neural Machine Translation Software for More Accurate Translations

AI and Statistical Machine Learning

Increasing Focus on Voice and Video Translation

Outlook

Neural Machine Translation Gains Momentum

US - The Single Largest Market

Developing Economies to Drive Growth

Stable Economic Outlook to Keep Market Sentiment Intact in the Immediate Term

Language Translation Software Market: An Insight

Computer-based Translation Systems: An Overview

Competitive Landscape in the Machine Translation Market

Online Translation Market Players Increase in Number

Special Translation - An Overview

Translation Industry during the Recession - A Retrospective Overview

3. MARKET DYNAMICS

Translation Technology to Enable Connected World

Translation Services to Create New Opportunities for Human Translators and Interpreters

The Automation Challenge for the Translation Industry

Translation Services Witnessing Broader Adoption across Organizations and Businesses

Video Translation

Dubbing, Subtitling and Voice-Over

Captioning

Translation Apps

Translation of E-learning Courses

Advancements in Translation Technology

Globalization Drives Demand

The Rise of Internet-based Business Operations Lends Traction to Market

Major Applications of Machine Learning in Translation Services

Machine Translation for Business Applications

Online or App Machine Learning Translations for Consumers

Machine Translation for Domain/Industry Specific Machine Translation

Growing Emphasis on Web Localization

An Insight into Latest Localization and Translation Trends

Adaptive and Neural Machine Translations to Gain Momentum

Multilingual Digital Content Likely to Register Strong Demand

Video Content Demand to Rise

Interpretation Technology to Register Improvements

ISO Certifications Will Gain Importance

Learning New Languages Critical for Companies

Language Specific SEO Strategy Crucial

Subtitles Set to Replace Dubbing

More eLearning Courses to be Translated

Improved CAT Tools for Localization and Translation Emerge

Future of Translation - A Review

Focus on Speed and Cost Effectiveness Crucial

Automated Translation to Become Commonplace

Tools to Make Translation Easier and Faster

Use of Artificial Intelligence to Increase

Secure Cloud Environments to Gain Attention

Technological Advances to Fuel Growth in Language Technology

Technology for Translating Difficult Languages

Crowdsourcing Grows Stronger

Social Media Marketing to Lend Traction for Translation

Mobile Technology Promotes Machine Translation

Growing Smartphone Sales - A Business Case

Hybrid Machine Translation Blends Statistics and Rules

Real Time Translation: Yet to Become a Reality

Cloud Based Services on the Rise

Human Translators - Still in Demand

Telepresence Propels Growth in Language Translation Market

Burgeoning Demand for Financial Translations Services

Localization in Medical Sector

Industry Faces Copyright Issues

Price - A Major Concern for Mid-Size Language Service Providers

4. TECHNOLOGICAL DEVELOPMENTS

Stepes Translation App

Linguee App and Website

Translation Memory

Google Translate

Facebook Translate

Skype Translate

KantanMT

Systran

SDL Government

Canopy Innovations - Healthcare

Lingua Custodia - Finance

ili

Pilot

iTranslate-Voice 2

Textgrabber 6 - A Device Capable of Image-to-Text Translation in the Real-Time

5. AN INSIGHT INTO LANGUAGE TRANSLATION INDUSTRY

Translation Service: An Introduction

Evolution of Language Translation Industry

Automated Translations - A Historic Preview

Industry Structure

Language Service Providers

Sought After Attributes in Translators

Translation Companies

Universities/Language Schools

Freelance Translators

Free Online Translation Services

An Overview of Language Industry Services

Interpretation

Machine Translation

Machine Translation Software

Applications

Computer-Assisted Translation

Language Translation Software

Overview of Select Language Translation Software Solutions

Online Translations

Translation Memory

Translation Memory Software

Applications

Technical Translation

Mobile Translation

Standards and Regulations

6. COMPETITIVE LANDSCAPE

A Highly Competitive Industry

M&A Activity Increases

Leading Translation Software Solutions - A Review

GlobalLink

Pairaphrase

TextUnited

Phrase App

Lionbridge Translation Workspace

Other Offerings

Lokalize

Transifex

Crowdin

OneSky

MotionPoint

6.1 Focus on Select Players

6.2 Product/Service Launches

Translations.com Introduces GlobalLink Connect for Contentful

China Ethnic Languages Translation Bureau Unveils new Apps and Software for Tibetan-Chinese Translation

TWB Unveils Glossary for Bangladesh with Five Languages

SDL Completes Development of Russian to English NMT

Google Unveils Offline Mode for 59 Languages in Translate App

SDL Introduces ETS 8.0 Solution

SYSTRAN Launches SYSTRAN Pure Neural Server

Translations.com Unveils Latest GlobalLink Connect for Drupal 8 Solution

LEO and RWS Unveil Full-Service Digital Content Solution

Sogou Introduces Sogou Travel Translator and Sogou Smart Translation Recorder

StrikeTru and Unveils Akeneo2GlobalLink Connector

Stepes Introduces Enterprise Cloud Translations

AWS Launches NMT Service, Amazon Translate

Australia Post and LanguageLoop launch Translation Services at Post Offices

Stepes Introduces Rush Translation Services

SDL Announces Availability of SDL ETS on AWS Marketplace

Microsoft and Huawei Introduce Fully Neural on Device Translation

DeepL Launches New Online Translator

Moravia Launches Chinese Advertising Compliance Tool Spec Check

Baidu and Ctrip Introduce New Translation Service

ULG Unveils Updated OctaveMT Software

SDL Adds NMT Capability to SDL ETS 7.4

Morningside Translations Introduces Language Connect

AppTek Unveils New Generation Talk2Me Bi-directional Speech-to-Speech Translation Apps

Fujitsu Introduces LiveTalk

Google Unveils GNMT

Iconic Introduces eDiscovery Translation Solution

6.3 Recent Industry Activity

AMPLEXOR Bags Contract from Region 4 Education Service Center

AppTek Bags Mahine Translation Contract from US Army

Made-in-China.com Selects SDL ETS for Translation Services

SDL Acquires Donnelley Language Solutions

The Hut Group Acquires Language Connect

TransPerfect Acquires TranslateNow

Lionbridge Technologies Adds Amazon Translate to Localization Platform

SDL and Nuance Communications Enter into Strategic Partnership for AI based Translation Solutions

AMPLEXOR Teams up with DFKI to Develop Neural Translation Solution

Microsoft Achieves High Accuracy for Chinese to English Machine Translation

Semantix Takes Over Amesto Translations

thebigword Bags Translation Contract from NATO

thebigword Secures Patents for Translation Technologies

RWS Reorganizes Business Operations

Summa Linguae to Acquire Mayflower Language Services

Wolfestone Takes Over Robertson Languages International

RWS Holdings to Acquire Moravia

RWS Reorganizes and Rebrands Operations

Lionbridge Selected by Kreg Tool as Translation Provider

AMPLEXOR Acquires Sajan

TWB and TRF to Merge

Semantix Takes Over TextMinded

The Arancho Doc Group Takes Over Soget

ULG Acquires Lucy Software

Translations.com to Provide Translation Services for lastminute.com

Ubiqus and Eurosis Merge

7. GLOBAL MARKET PERSPECTIVE

8. REGIONAL MARKET PERSPECTIVE

Total Companies Profiled: 251 (including Divisions/Subsidiaries - 264)

  • The United States (109)
  • Canada (5)
  • Japan (10)
  • Europe (105)
    • France (6)
    • Germany (15)
    • The United Kingdom (22)
    • Italy (4)
    • Spain (7)
    • Rest of Europe (51)
  • Asia-Pacific (Excluding Japan) (27)
  • Middle East (6)
  • Africa (2)

For more information about this report visit https://www.researchandmarkets.com/r/508zmw

View source version on businesswire.com: https://www.businesswire.com/news/home/20190613005456/en/