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Translation Services in the US - Industry Market Research Report

Publisher IBISWorld
Published Feb 27, 2023
Length 53 Pages
SKU # IBSS17835395

Description

Translation Services in the US - Industry Market Research Report

Translation Services in the US

Translation services review and write up document and website translation, helping businesses and governments target new markets and analyze information from other countries. Revenue has been growing at an average annualized 6.5% over the past five years and is expected to total $10.3 billion in 2023 when revenue will jump by an estimated 6.1% and profit will reach 12.4%.

This industry includes companies that translate written material and interpret speech from one language to another. It also includes companies that provide sign language services. The services provided by this industry include document translation and website localization, which is the translation of website information into languages for use in other countries, taking into account any unique cultural and linguistic traits.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

53 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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