openPR Logo
Press release

Translation Service Market 2019 Global Trends and Key Leaders: Ortelio, Rockwell Automation, Calvary Robotics, Kuka AG, Fanuc, Yaskawa Electric, Rapyuta Robotics, Motion Controls Robotics

01-10-2019 07:24 AM CET | IT, New Media & Software

Press release from: Market Research Future

Translation Service Market 2019 Global Trends and Key Leaders:

Market Research Future published a research report on “Translation Service Market Research Report - Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Translation Service Global Market - Overview

The global translation service market is showing immense growth; mainly due to the growing need for accurate interpretation services. Translation services help in bridging the gap between communication and technology. Major driver for this market include expanding geographical reach of the organizations where companies are dealing with foreign clients and translation becomes the need of the business. Technological advancements and arrival of machines and software which can provide translation in less amount of time are other factors fuelling the market growth.

According to a recent study report published by Market Research Future, The global market of translation service is increasing and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023). Language translation services include on-demand access to professional interpreters via phone, video remote, and onsite, translation and localization of any content, testing and training of bilingual and interpreter staff, implementation support and services and competitive, cost-effective language access solutions. Time sensitive and urgent translation service is a growing requirement by many industries including city transit, airports, hotels, online services such as social media companies and other customer service providers. There are a variety of solutions available but choosing the right kind of services according to the business requirements is important.

Get Sample of Report @

On the other hand, lack of technical expertise and unawareness regarding the importance of the translation services are some of the factors hindering the growth of translation service market. Also, implementation of translation service will be an added service, which will ultimately result in added costs and may hamper the market growth.


• On the basis of service type, the market is segmented into written translation services, interpretation service, others
• On the basis of operation type, the market is segmented into technical translation, machine translation.
• On the basis of the component, the market is segmented into hardware and software
• On the basis of application, the market is segmented into commercial, automotive, IT & Telecommunication, healthcare, government and others
• On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and rest of the world.

Key Players

The key players of global Translation Service Market report include Rockwell Automation, Inc. (U.S.), Kuka AG (Germany), ABB Group (Switzerland), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Rapyuta Robotics Co. Ltd. (Japan), Ortelio Ltd. (UK), Calvary Robotics (U.S.), Motion Controls Robotics (U.S.) and others.

Regional analysis

The global translation service market is estimated to grow at a promising rate in upcoming years. The geographical analysis of translation service market is spanned across North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and Southern America). Of all the regions, the market is mostly dominated due to higher adoption of translation services in security and government agencies. Due to the recent rise in crime and terrorism, the government security service agencies have started using translation services across the globe to identify and interpret messages and radio signals. The United States has a major contribution, due to a recent change in the government and its strictness. It contributes a major proportion of this growth, especially in government translation Service.

Although there have been many developments in the technology, many enterprises including various start-ups have begun conducting new methodologies and have also partnered with service providers. Also, the region holds more than 60% of the top prominent players providing services in this market. North America is closely followed by Europe region. Europe and North America are the technologically advanced regions, and the factor affecting the growth of this market is the growing application of analytics and increasing deployment of advanced translation service features. Asia-Pacific is expected to be the fastest growing region due to increasing initiatives by the government.

Industry News

March 2017 – Teleperformance folds LanguageLine into new unit, keeps brand. Teleperformance announced acquisition of LanguageLine Solutions in September 2016 and has been the biggest acquisition in the language industry.

November 2017 – LanguageLine Solutions wins Gold in Best in Biz Awards 2017. The company takes top prize with revolutionary LanguageLine InSight video-interpretation solution, which provides one-touch connection to over 9,000 professional interpreters. The company aims to empower clients in order to provide outstanding service and exceptional care to limited-English-proficient, deaf, and hard-of-hearing populations.

November 2017 – Amazon Web Services launches translation services as part of its AWS extravaganza. Amazon is pitching the new translate service as a way for businesses to expand products and services using its text translation tool.

Get complete Report @

Intended Audience

• Translation Service Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software developers
• Vendors
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Technology Investors

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Translation Service Market 2019 Global Trends and Key Leaders: Ortelio, Rockwell Automation, Calvary Robotics, Kuka AG, Fanuc, Yaskawa Electric, Rapyuta Robotics, Motion Controls Robotics here

News-ID: 1485426 • Views: 277

More Releases from Market Research Future

Clinical Trial Management System Market Demand, Industry Share, Size, Applicatio …
Clinical Trial Management System Market Analysis by Type (Enterprise Clinical Trial Management System), Delivery Model (Licensed Enterprise), Component (Service) and End-User (Medical Device Manufacturers), and Regional Competitive Share, Size and Trends, 2018-2023 Market Overview Clinical Trial Management System Market is mostly a software system which helps to plan, prepare, and manage a large amount of clinical trials data that is produced by biotechnological and pharmaceutical companies. Drug research has gained momentum in
Reusable Satellite Launch Vehicle (RSLV) Market 2019-2023 | Report Information b …
Global Reusable Satellite Launch Vehicle Market Report Information by Configuration (Single Stage, Multiple Stage), by Type (Partially Reusable, Fully Reusable), Vehicle Weight (Up to 4,000lbs, 4000-9000lbs, Over 9000lbs), & by Region - Forecast Till 2023 The Reusable satellite launch vehicle market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023. The key players in the reusable satellite launch vehicle market are Airbus S.A.S
Bakery Enzymes Market Global Research Report and Top Key Players: AB Enzymes Gmb …
Market Overview The increasing demand for bakery products in the food and beverage industry including, bread, cookies, and pastries are raising the demand for bakery enzymes at a global level. Enzymes are an important ingredient used in most bakery products. There are two scenarios regarding the use of enzymes, either the enzymes are used to convert the raw material into the main product, or the enzymes are used as additives to
Commercial Airport Lighting Market 2019-2023 | Worldwide Overview By Technology, …
Global Commercial Airport Lighting Market Research Report: Information by Technology (LED, Non-LED), by Application (Airside Lighting, Terminal Lighting, Landside Lighting), and by Region — Forecast till 2023 Honeywell International Inc., (US), ADB SAFEGATE (US), ABB (Switzerland), vosla GmBH (Germany), Avlite (Australia), Carmanah (Canada), Eaton (Ireland), atg airports limited (UK), Avionics Group (US), and HELLA GmBH & Co. KGaA (Germany) are some of the prominent players profiled in MRFR Analysis and are

All 5 Releases

More Releases for Translation

Machine Translation vs Human Translation
In the year 1950, it was the first time when computer scientists began trying to solve the problem of machine translation. Since then, the quality of machine translation has improved tremendously. Although the human translation is considered as the best process of translation, with the improvements in algorithms and method, machine translation still claims to be the best in the market. In the age when the need and importance of
eurocom Translation Services UK launched
Vienna, Austria / Congleton, UK, April 1, 2016. With effect from April 1st, 2016, eurocom Translation Services UK officially started its operations. “Unofficially”, its clients benefit from more than 27 years of experience in the field of technical translations: eurocom UK is building on the strong foundations of Bridge Translation & Publishing through an asset purchase. Bridge Translation & Publishing Ltd has been setting standards in the field of technical translations
Translation Boost for Singapore
Holly Harvey joins the Global Lingo team in Singapore as Business Development Manager. Her remit is to help businesses in the city state make the most of their international trade by using Global Lingo’s translation, interpreting and transcription services. Global Lingo is committed to making Singapore their Asian hub for language services. The city state is perfect for the company because of its history as a centre for international trade. This
Translation Express is Technology-Powered by Projetex Translation Management Sys …
Translation Express, one of the most recognized companies in Singapore and ASEAN countries, became powered by Projetex: Translation Management System for Translation Agencies by AIT. Projetex was selected to support the Translation Express business with the top-notch up-to-date workflow solutions. The main feature of Translation Express has been in undertaking the task of translation only by professionally-qualified translators working into their mother-tongue. More than 200 Translation Express linguists are located
Translation Services USA Releases Translation Cloud Facebook App
Translation Services USA, a trusted provider of professional translations has launched the Translation Cloud Facebook App, the latest addition to the companies quickly expanding list of language resources and tools. Harnessing the power of Facebook’s 550M users, Translation Cloud is a fresh and easy-to-use platform for freelance translators and can be used all over the world. Translation Cloud boasts a simplified sign-up process, taking no more than 5 minutes to complete.
Translation Services USA Presents -
Funny Translator is a new creative web project founded by two Manhattan based language teams: Translation Services USA and the programmers of their recently launched subsidiary company, “Funny Translator is an admittedly bad translation service, which loops through languages, causing often amusing mistranslations,” explains Alex Buran, sole founder and CEO of Translation Services USA. “We created Funny Translator to serve as a light-hearted metaphor for the cumulative error and inaccuracies