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GLOBAL TRANSLATION SERVICES MARKET SIZE AND FORECAST TO 2025 TOP KEY PLAYERS ARE AS MISSION ESSENTIALS, LANGUAGELINE, LIONBRIDGE, ALCHEMY, RR DONNELLEY, LINGOTEK, PROZ/KUDOZ, MORAVIA, TRANSPERFECT, STAR GROUP, WELOCALIZE, CLS COMMUNICATION
Translation is a mode of conveying one form of language in other. With growing customer outreach the need for translation services has been accelerated to satisfy the needs of the customers based on their preferences of language. It has been observed that various companies has been opting for the translation services in order to provide comfort to their national as well as international clients. This mode of services require an integrated platform of big data analytics and cloud computing so that the data can be accessible from anywhere and the storage capacity is also increased and is more efficient.
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The adoption of translation services by various industries as well as government agencies and increase in digitization and has boosted the market. These characteristics are the main drivers for the global translation services market as it makes the digital world simpler for the customers. Increased complexity in the type of platform used to develop such services and high cost for the development has affected the industries at a global level.
The “Global Translation Services Market t” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Mission Essentials, LanguageLine, Lionbridge, Alchemy, RR Donnelley, Lingotek, PROZ/KUDOZ, Moravia, TransPerfect, STAR Group, Welocalize, CLS Communication, Thebigword Group, Logos Group, Yamagata and Semantix. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the “Global Translation Services Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global Translation Services Market can be categorized into two sections; application and type. This market study analyses the industry for Global Translation Services is based on these divisions. The Global Translation Services types are divided into classification of translation services by type and global translation services market size comparison type. The industry is then sectioned by application which includes legal, financial and banking, medical, tourism and travel and others. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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Chapter 1 Global Translation Services Market Overview 8
1.1. Translation Services Market Overview 8
1.2. Classification of Global Translation Services Market 9
1.3. Global Translation Services Market Size, 2012 – 2022 (USD Billion) 10
1.4. Global Translation Services Market Size Comparison by Application, 2016 (USD Billion) 11
1.5. Global Translation Services Market Share by Application, 2016 12
1.6. Global Translation Services Market Size Comparison, by Type, 2016 Vs 2022 13
1.7. Global Translation Services Market Share, by Type, 2016 14
Chapter 2 Global Translation Services Market, by Application 15
2.1. Translation Services Market, by Application 15
2.1.1. Global Translation Services Market Size Comparison Application, 2012 Vs 2022, USD Billion 16
2.1.2. Legal 16
2.1.3. Financial & Banking 17
2.1.4. Medical 18
2.1.5. Tourism & Travel 19
2.1.6. Others 20
Chapter 3 Global Translation Services Analysis, by Type 22
3.1. Classification of Translation Services by Type 22
3.2. Global Translation Services Market Size Comparison by Type (2015 – 2025) 23
3.2.1. Written translation services 23
3.2.2. Interpretation Services 24
3.2.3. Others 25
Chapter 4 Global Translation Services Market Dynamics 27
4.1. Market Dynamics 27
4.1.1. Drivers 27
4.1.1.1. Growing Trends of Engaging Local Markets in Business 27
4.1.1.2. Technological Developments in the Translation Industry 27
4.1.1.3. Growing Demand for Freelancers 28
4.1.2. Restraints 28
4.1.2.1. Low demand from Under-developed Countries 28
4.1.3. Opportunity 29
4.1.3.1. Increasing interest of major firms in Language Service Providers 29
Chapter 5 Global Translation Services Players/Manufacturers Profiles and Sales Data 30
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About Us
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018
Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
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