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Language Translation Software and Services

Language Translation Software and Services

This report analyzes the worldwide markets for Language Translation Software and Services in US$ Million. The 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. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 251 companies including many key and niche players such as -

AMPLEXOR International S.A.
AppTek
Babylon Ltd.
Google Inc.
Global Linguist Solutions LLC
International Business Machines Corporation

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1. INTRODUCTION, METHODOLOGY & PRODUCT PRODUCT PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
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 Softwarefor 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 SentimentIntact in the Immediate Term
Table 1: World Real GDP Growth Rates in %for the Years 2016 through 2019 for Select Countries (includes corresponding Graph/Chart)
Language Translation Software Market: An Insight
Computer-based Translation Systems: An Overview
Competitive Landscape in the Machine Translation Market
Online Translation Market Players Increasein 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 Opportunitiesfor 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 OperationsLends Traction to Market
Table 2: Number of Internet Users Worldwide(in Million) and Penetration per 100 Populationfor Years 2011 through 2017 (includes corresponding Graph/Chart)
Table 3: Top 20 Internet Countries: Ranked byNumber of Internet Users (in Millions): 2017(includes corresponding Graph/Chart)
Table 4: Global Internet Usage (2017): PercentageShare Breakdown of Number of Internet Usersfor Select Countries (includes correspondingGraph/Chart)
Table 5: Global Internet Users (2017): Percentage Breakdown of Users by Region (includes corresponding Graph/Chart)
Table 6: Global Internet Penetration (2017):Percentage Breakdown of Households withInternet Access by Region (includescorresponding Graph/Chart)
Table 7: Worldwide Internet Penetration Rates (%)by Region: 2017 (includes corresponding Graph/Chart)
Table 8: World Internet Usage (2017): PercentageShare Breakdown of Number of Users by Leading Languages (includes corresponding Graph/Chart)
Table 9: Global Web Content by Language:Percentage Share Breakdown of Contentby Leading Languages (2017) (includescorresponding Graph/Chart)
Major Applications of Machine Learningin Translation Services
Machine Translation for Business Applications
Online or App Machine Learning Translations for Consumers
Machine Translation for Domain/ Industry SpecificMachine Translation
Growing Emphasis on Web Localization
An Insight into Latest Localization andTranslation 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 andTranslation 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 Growthin 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
Table 10: Top Ten Countries by Number ofSmartphone Users (2017) (includescorresponding Graph/Chart)
Table 11: Smartphone Penetration Worldwide(as a Percentage of Total Population)for Major Countries: 2017 (includescorresponding Graph/Chart)
Table 12: Global Market for Smartphones (2012,2014, 2016 & 2018P): Breakdown of Salesin Thousand Units (includes corresponding Graph/Chart)
Table 13: Global Smartphones Market(2016 & 2020P): Percentage Share Breakdown of Sales by Geographic Region (includescorresponding Graph/Chart)
Table 14: Top Mobile App Languages byPopularity: Percentage Share Breakdownof Most Used Language (2017) (includes corresponding Graph/Chart)
Table 15: LTE Penetration Rate (%) by Region(2017) (includes corresponding Graph/Chart)
Table 16: LTE Share of Total Cellular Subscribers by Region (2017) (includes correspondingGraph/Chart)
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 LanguageTranslation Market
Burgeoning Demand for Financial TranslationsServices
Localization in Medical Sector
Industry Faces Copyright Issues
Price - A Major Concern for Mid-Size LanguageService 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 TranslationSoftware 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
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)
6.2 Product/Service Launches
Translations.com Introduces GlobalLink Connectfor Contentful
China Ethnic Languages Translation Bureau Unveilsnew Apps and Software for Tibetan-Chinese Translation
TWB Unveils Glossary for Bangladesh withFive Languages
SDL Completes Development of Russian toEnglish NMT
Google Unveils Offline Mode for 59 Languagesin Translate App
SDL Introduces ETS 8.0 Solution
SYSTRAN Launches SYSTRAN Pure Neural® Server
Translations.com Unveils Latest GlobalLink Connectfor Drupal 8 Solution
LEO and RWS Unveil Full-Service DigitalContent Solution
Sogou Introduces Sogou Travel Translator andSogou Smart Translation Recorder
StrikeTru and Unveils Akeneo2GlobalLink Connector
Stepes Introduces Enterprise Cloud Translations
AWS Launches NMT Service, Amazon Translate
Australia Post and LanguageLoop launchTranslation Services at Post Offices
Stepes Introduces Rush Translation Services
SDL Announces Availability of SDL ETS onAWS Marketplace
Microsoft and Huawei Introduce Fully Neuralon Device Translation
DeepL Launches New Online Translator
Moravia Launches Chinese Advertising ComplianceTool 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 LanguageConnect
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 Contractfrom US Army
Made-in-China.com Selects SDL ETSfor Translation Services
SDL Acquires Donnelley Language Solutions
The Hut Group Acquires Language Connect
TransPerfect Acquires TranslateNow
Lionbridge Technologies Adds Amazon Translateto Localization Platform
SDL and Nuance Communications Enter into Strategic Partnership for AI based TranslationSolutions
AMPLEXOR Teams up with DFKI to DevelopNeural Translation Solution
Microsoft Achieves High Accuracy for Chinese toEnglish Machine Translation
Semantix Takes Over Amesto Translations
thebigword Bags Translation Contract from NATO
thebigword Secures Patents for TranslationTechnologies
RWS Reorganizes Business Operations
Summa Linguae to Acquire Mayflower LanguageServices
Wolfestone Takes Over Robertson LanguagesInternational
RWS Holdings to Acquire Moravia
RWS Reorganizes and Rebrands Operations
Lionbridge Selected by Kreg® Tool as TranslationProvider
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 Servicesfor lastminute.com
Ubiqus and Eurosis Merge
7. GLOBAL MARKET PERSPECTIVE
Table 17: World Recent Past, Current & Future Analysisfor Language Translation Software and Services by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 18: World Historic Review for LanguageTranslation Software and Services by GeographicRegion - US, Canada, Japan, Europe, Asia-Pacific,Latin America, and Rest of World Markets Independently Analyzed with Annual RevenueFigures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
Table 19: World 14-Year Perspective for Language Translation Software and Services by GeographicRegion - Percentage Breakdown of Revenuesfor US, Canada, Japan, Europe, Asia-Pacific,Latin America, and Rest of World Marketsfor Years 2011, 2018 & 2024 (includescorresponding Graph/Chart)
8. REGIONAL MARKET PERSPECTIVE
8.1 The United States
A. Market Analysis
Current and Future Analysis
Economic Recovery Rekindles Demandfor Language Services
Computers & Software: Widely Used Toolsfor Translation
Rising Demand for Translation from MedicalDevice Sector
Customization - The Future of TranslationSolutions
B. Market Analytics
Table 20: US Recent Past, Current & FutureAnalysis for Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 21: US Historic Review for LanguageTranslation Software and Services Analyzedwith Annual Revenue Figures in US$ Millionfor Years 2011 through 2015 (includes corresponding Graph/Chart)
8.2 Canada
A. Market Analysis
Current and Future Analysis
Overview
Canadian Translation Market -A New Employment Arena
B. Market Analytics
Table 22: Canadian Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 23: Canadian Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years2011 through 2015 (includes corresponding Graph/Chart)
8.3 Japan
A. Market Analysis
Current and Future Analysis
A Closed Economy Curtails Growth ofTranslation Services
B. Market Analytics
Table 24: Japanese Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 25: Japanese Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
8.4 Europe
A. Market Analysis
Current and Future Analysis
The Demographic Profile of Users Drives Market
Eastern Europe: Potential Opportunitiesfor Translation Industry
Translation Industry & Energy Sector
Consolidation Poses Trouble for Individual and Small Service Providers
B. Market Analytics
Table 26: European Recent Past, Current & Future Analysis for Language Translation Software and Services by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of EuropeMarkets Independently Analyzed with AnnualRevenue Figures in US$ Million for Years 2016through 2024 (includes correspondingGraph/Chart)
Table 27: European Historic Review for Language Translation Software and Services by Geographic Region - France, Germany, Italy, UK, Spain,Russia, and Rest of Europe Markets Independently Analyzed with Annual Revenue Figuresin US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
Table 28: European 14-Year Perspective forLanguage Translation Software and Servicesby Geographic Region - Percentage Breakdown of Revenues for France, Germany, Italy, UK,Spain, Russia, and Rest of Europe Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)
8.4.1 France
A. Market Analysis
Current and Future Analysis
French Language Translation Service Providersin Demand
B. Market Analytics
Table 29: French Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 30: French Historic Review for Language Translation Software and Services Analyzedwith Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
8.4.2 Germany
Market Analysis
Table 31: German Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 32: German Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years2011 through 2015 (includes corresponding Graph/Chart)
8.4.3 Italy
Market Analysis
Table 33: Italian Recent Past, Current & FutureAnalysis for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 34: Italian Historic Review for Language Translation Software and Services Analyzedwith Annual Revenue Figures in US$ Millionfor Years 2011 through 2015 (includes corresponding Graph/Chart)
8.4.4 The United Kingdom
A. Market Analysis
Current and Future Analysis
Rising Demand for Welsh Translation Services
Global Financial Hub in London Provides Steady Opportunities
B. Market Analytics
Table 35: UK Recent Past, Current & FutureAnalysis for Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 36: UK Historic Review for LanguageTranslation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includescorresponding Graph/Chart)
8.4.5 Spain
A. Market Analysis
Current and Future Analysis
Overview
B. Market Analytics
Table 37: Spanish Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 38: Spanish Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Millionfor Years 2011 through 2015 (includes corresponding Graph/Chart)
8.4.6 Russia
Market Analysis
Table 39: Russian Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 40: Russian Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years2011 through 2015 (includes corresponding Graph/Chart)
8.4.7 Rest of Europe
Market Analysis
Table 41: Rest of Europe Recent Past, Current &Future Analysis for Language Translation Softwareand Services Analyzed with Annual RevenueFigures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)
Table 42: Rest of Europe Historic Review forLanguage Translation Software and ServicesAnalyzed with Annual Revenue Figuresin US$ Million for Years 2011 through 2015(includes corresponding Graph/Chart)
8.5 Asia-Pacific
Market Analysis
Table 43: Asia-Pacific Recent Past, Current &Future Analysis for Language Translation Software and Services by Geographic Region - China, Indiaand Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figuresin US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 44: Asia-Pacific Historic Review forLanguage Translation Software and Services by Geographic Region - China, India and Rest ofAsia-Pacific Markets Independently Analyzedwith Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
Table 45: Asia-Pacific 14-Year Perspective for Language Translation Software and Services by Geographic Region - Percentage Breakdown of Revenues for China, India and Rest of Asia-Pacific Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)
8.5.1 China
A. Market Analysis
Current and Future Analysis
New Tools for Translation TransformIndustry Operations
Software for Translating Ethnic Languages
Localization Sector: Huge Opportunity
Challenges Facing the Industry
B. Market Analytics
Table 46: Chinese Recent Past, Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 47: Chinese Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
8.5.2 India
A. Market Analysis
Current and Future Analysis
Indian Translation Industry Comes of Age
Indian Translation Market Gaining Momentum
Language Translation Sector Gains Impetus
A High Volume Low Cost Market
B. Market Analytics
Table 48: Indian Recent Past, Current & FutureAnalysis for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024(includes corresponding Graph/Chart)
Table 49: Indian Historic Review for Language Translation Software and Services Analyzedwith Annual Revenue Figures in US$ Millionfor Years 2011 through 2015 (includes corresponding Graph/Chart)
8.5.3 Rest of Asia-Pacific
A. Market Analysis
Current and Future Analysis
Overview of Select Markets
South Korea
Declining Standards: A Cause of Concernin Translation Services Industry
Malaysia - Globalization Spurs Growthin Language Industry
B. Market Analytics
Table 50: Rest of Asia-Pacific Recent Past,Current & Future Analysis for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through2024 (includes corresponding Graph/Chart)
Table 51: Rest of Asia-Pacific Historic Reviewfor Language Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
8.6 Latin America
A. Market Analysis
Current and Future Analysis
Latin America: Continuous Growth of Language Services Industry
B. Market Analytics
Table 52: Latin American Recent Past, Current &Future Analysis for Language Translation Softwareand Services Analyzed with Annual RevenueFigures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)
Table 53: Latin American Historic Review forLanguage Translation Software and Services Analyzed with Annual Revenue Figuresin US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
8.7 Rest of World
A. Market Analysis
Current and Future Analysis
Saudi Arabia: Translation Industry WitnessesRapid Growth
B. Market Analytics
Table 54: Rest of World Recent Past, Current &Future Analysis for Language Translation Softwareand Services Analyzed with Annual RevenueFigures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)
Table 55: Rest of World Historic Review for Language Translation Software and Services Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)
9. COMPANY PROFILES 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)

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