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Europe Translation Management Systems Market Size, Share & Trends Analysis Report By Offering (Software, and Services), By Software Type, By Content Type, By Business Function, By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Mar 14, 2024
Length 194 Pages
SKU # KBV18687083

Description

Europe Translation Management Systems Market Size, Share & Trends Analysis Report By Offering (Software, and Services), By Software Type, By Content Type, By Business Function, By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030


The Europe Translation Management Systems Market would witness market growth of 17.1% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Translation Management Systems Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $364.3 million by 2030. The UK market is exhibiting a CAGR of 16% during (2023 - 2030). Additionally, The France market would experience a CAGR of 18% during (2023 - 2030).

Translation management systems offer the ability to streamline the translation process, making it more efficient and cost-effective. By automating many aspects of the translation workflow, such as file preparation, project assignment, and translation memory management, TMS significantly reduces the time and effort required to complete translation projects. This saves businesses money and allows them to deliver translated content faster, giving them a competitive edge in markets.

TMS is well-recognized for offering improved translation quality. It helps maintain consistency in translations by leveraging translation memories and terminology management features. This results in higher-quality translations that are more accurate and consistent across all languages. Scalability is also driving the adoption of TMS. TMS can scale to handle large volumes of content and multiple languages, making it suitable for businesses of all sizes. It allows organizations to easily expand their translation efforts as their needs grow.

With a growing number of people in the EU using the Internet and engaging in e-commerce, there is a greater demand for localized content tailored to different language preferences. This includes website content, product descriptions, and customer support materials, all requiring translation into multiple languages to effectively reach a diverse audience. As more EU businesses conduct e-sales and expand their online presence, localizing content for new markets is necessary. Thus, the increasing internet usage and e-commerce activity in the region drive its greater demand.

Based on Offering, the market is segmented into Software, and Services. Based on Software Type, the market is segmented into Translation Software, Localization Software, Translation Project Management Software, Terminology Management Software, Quality Assurance Software, Analytics & Reporting, and Others. Based on Content Type, the market is segmented into Text-based Content, Audio-based Content, and Video-based Content. Based on Business Function, the market is segmented into Sales & Marketing, Finance & Accounting, Legal, Human Resources, and Others. Based on Application, the market is segmented into Translation, Terminology Management, Quality Assurance, Project Management, Resource Management, Billing & Invoicing Analysis, and Others. Based on Vertical, the market is segmented into BFSI, Media & Entertainment, Education, Healthcare & Lifesciences, Transportation & Logistics, Manufacturing, Retail & eCommerce, IT & ITeS, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • Microsoft Corporation
  • Google LLC (Alphabet Inc.)
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Oracle Corporation
  • SAP SE
  • Acolad Group
  • LanguageLine Solutions (Teleperformance SE)
  • Babylon Software Ltd.
  • XTM International Ltd
  • United Language Group Limited
Europe Translation Management Systems Market Report Segmentation

By Offering
  • Software
  • Translation Software
  • Localization Software
  • Translation Project Management Software
  • Terminology Management Software
  • Quality Assurance Software
  • Analytics & Reporting
  • Others
  • Services
By Content Type
  • Text-based Content
  • Audio-based Content
  • Video-based Content
By Business Function
  • Sales & Marketing
  • Finance & Accounting
  • Legal
  • Human Resources
  • Others
By Application
  • Translation
  • Terminology Management
  • Quality Assurance
  • Project Management
  • Resource Management
  • Billing & Invoicing Analysis
  • Others
By Vertical
  • BFSI
  • Media & Entertainment
  • Education
  • Healthcare & Lifesciences
  • Transportation & Logistics
  • Manufacturing
  • Retail & eCommerce
  • IT & ITeS
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

194 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Translation Management Systems Market, by Offering
1.4.2 Europe Translation Management Systems Market, by Content Type
1.4.3 Europe Translation Management Systems Market, by Business Function
1.4.4 Europe Translation Management Systems Market, by Application
1.4.5 Europe Translation Management Systems Market, by Vertical
1.4.6 Europe Translation Management Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jul – 2024, Jan) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Europe Translation Management Systems Market by Offering
5.1 Europe Software Market by Country
5.2 Europe Translation Management Systems Market by Software Type
5.2.1 Europe Translation Software Market by Country
5.2.2 Europe Localization Software Market by Country
5.2.3 Europe Translation Project Management Software Market by Country
5.2.4 Europe Terminology Management Software Market by Country
5.2.5 Europe Quality Assurance Software Market by Country
5.2.6 Europe Analytics & Reporting Market by Country
5.2.7 Europe Others Market by Country
5.3 Europe Services Market by Country
Chapter 6. Europe Translation Management Systems Market by Content Type
6.1 Europe Text-based Content Market by Country
6.2 Europe Audio-based Content Market by Country
6.3 Europe Video-based Content Market by Country
Chapter 7. Europe Translation Management Systems Market by Business Function
7.1 Europe Sales & Marketing Market by Country
7.2 Europe Finance & Accounting Market by Country
7.3 Europe Legal Market by Country
7.4 Europe Human Resources Market by Country
7.5 Europe Others Market by Country
Chapter 8. Europe Translation Management Systems Market by Application
8.1 Europe Translation Market by Country
8.2 Europe Terminology Management Market by Country
8.3 Europe Quality Assurance Market by Country
8.4 Europe Project Management Market by Country
8.5 Europe Resource Management Market by Country
8.6 Europe Billing & Invoicing Analysis Market by Country
8.7 Europe Others Market by Country
Chapter 9. Europe Translation Management Systems Market by Vertical
9.1 Europe BFSI Market by Country
9.2 Europe Media & Entertainment Market by Country
9.3 Europe Education Market by Country
9.4 Europe Healthcare & Lifesciences Market by Country
9.5 Europe Transportation & Logistics Market by Country
9.6 Europe Manufacturing Market by Country
9.7 Europe Retail & eCommerce Market by Country
9.8 Europe IT & ITeS Market by Country
9.9 Europe Others Market by Country
Chapter 10. Europe Translation Management Systems Market by Country
10.1 Germany Translation Management Systems Market
10.1.1 Germany Translation Management Systems Market by Offering
10.1.1.1 Germany Translation Management Systems Market by Software Type
10.1.2 Germany Translation Management Systems Market by Content Type
10.1.3 Germany Translation Management Systems Market by Business Function
10.1.4 Germany Translation Management Systems Market by Application
10.1.5 Germany Translation Management Systems Market by Vertical
10.2 UK Translation Management Systems Market
10.2.1 UK Translation Management Systems Market by Offering
10.2.1.1 UK Translation Management Systems Market by Software Type
10.2.2 UK Translation Management Systems Market by Content Type
10.2.3 UK Translation Management Systems Market by Business Function
10.2.4 UK Translation Management Systems Market by Application
10.2.5 UK Translation Management Systems Market by Vertical
10.3 France Translation Management Systems Market
10.3.1 France Translation Management Systems Market by Offering
10.3.1.1 France Translation Management Systems Market by Software Type
10.3.2 France Translation Management Systems Market by Content Type
10.3.3 France Translation Management Systems Market by Business Function
10.3.4 France Translation Management Systems Market by Application
10.3.5 France Translation Management Systems Market by Vertical
10.4 Russia Translation Management Systems Market
10.4.1 Russia Translation Management Systems Market by Offering
10.4.1.1 Russia Translation Management Systems Market by Software Type
10.4.2 Russia Translation Management Systems Market by Content Type
10.4.3 Russia Translation Management Systems Market by Business Function
10.4.4 Russia Translation Management Systems Market by Application
10.4.5 Russia Translation Management Systems Market by Vertical
10.5 Spain Translation Management Systems Market
10.5.1 Spain Translation Management Systems Market by Offering
10.5.1.1 Spain Translation Management Systems Market by Software Type
10.5.2 Spain Translation Management Systems Market by Content Type
10.5.3 Spain Translation Management Systems Market by Business Function
10.5.4 Spain Translation Management Systems Market by Application
10.5.5 Spain Translation Management Systems Market by Vertical
10.6 Italy Translation Management Systems Market
10.6.1 Italy Translation Management Systems Market by Offering
10.6.1.1 Italy Translation Management Systems Market by Software Type
10.6.2 Italy Translation Management Systems Market by Content Type
10.6.3 Italy Translation Management Systems Market by Business Function
10.6.4 Italy Translation Management Systems Market by Application
10.6.5 Italy Translation Management Systems Market by Vertical
10.7 Rest of Europe Translation Management Systems Market
10.7.1 Rest of Europe Translation Management Systems Market by Offering
10.7.1.1 Rest of Europe Translation Management Systems Market by Software Type
10.7.2 Rest of Europe Translation Management Systems Market by Content Type
10.7.3 Rest of Europe Translation Management Systems Market by Business Function
10.7.4 Rest of Europe Translation Management Systems Market by Application
10.7.5 Rest of Europe Translation Management Systems Market by Vertical
Chapter 11. Company Profiles
11.1 Microsoft Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Google LLC (Alphabet Inc.)
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Product Launches and Product Expansions:
11.2.6 SWOT Analysis
11.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental Analysis
11.3.4 Recent strategies and developments:
11.3.4.1 Partnerships, Collaborations, and Agreements:
11.3.5 SWOT Analysis
11.4 Oracle Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.6 SWOT Analysis
11.5 SAP SE
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.6 SWOT Analysis
11.6 Acolad Group
11.6.1 Company Overview
11.6.2 Recent strategies and developments:
11.6.2.1 Partnerships, Collaborations, and Agreements:
11.6.2.2 Acquisition and Mergers:
11.6.3 SWOT Analysis
11.7 LanguageLine Solutions (Teleperformance SE)
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental Analysis
11.7.4 SWOT Analysis
11.8 Babylon Software Ltd.
11.8.1 Company Overview
11.8.2 SWOT Analysis
11.9 XTM International Ltd
11.9.1 Company Overview
11.9.2 Recent strategies and developments:
11.9.2.1 Acquisition and Mergers:
11.9.3 SWOT Analysis
11.10. United Language Group Limited
11.10.1 Company Overview
11.10.2 SWOT Analysis

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