Translation Service Market 2019 Global Leaders Overview: Ingco International, GlobaLexicon, LanguageLine Solutions, Lionbridge, TransPerfect, SDL

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

Market synopsis

The Global Translation Service Market is driven by huge technological advancement and arrival of machines and software which can translate any foreign language in less time. Another driver for translation services is the growing geographical outreach of enterprises, thereby increasing the foreign client base and thus develops a need for translation. Translation services are the means by which the interaction between technology and human communication is increased more efficiently. Google translate is one of the big examples of free translation service. It has been going through many advancements and now can easily detect any language, slangs, regional keywords, by written means or even by voice.

Many companies are going through various changes in terms of acquisition, partnerships, and product launches. Teleperformance, a major player, in the Translation Service Market, acquired LanguageLine Solutions. The industry has considered this acquisition as a major strategic move for the company. The company claims to provide an efficient and reliable service to its customers and clients. Another major innovator in this market, Amazon Web Services, had launched translation services. The company is aiming to get in line with Google Translate as a way for new and existing businesses to increase products and services.

Get Free Sample of Report @ https://www.marketresearchfuture.com/sample_request/1400

Key Players

The prominent players in the market of Translation Service are- LanguageLine Solutions (U.S.), Lionbridge (U.S.), TransPerfect (U.S.), SDL (UK), GlobaLexicon (UK), Global Language Solutions, Inc. (U.S.), Ingco International (U.S.) among others.

Other vendors include Foreign Translations (U.S.), CLS Communication (Switzerland), Net-Translators (U.S.), Dynamic Language (U.S.), Zaharicom, Inc (U.S.), Cuttingedge Translation Services Pvt. Ltd (India), Babylon Software Ltd (Israel), Gengo (U.S.), Mars Translation Services (China), Straker Translations (U.S.) among others

Translation Service Global Market - Segmentation

The translation service market can be classified into 3 key segments for the convenience of the report and enhanced understanding;

• Segmentation by Type: Comprises of technical translation, scientific translation, financial translation, legal translation, judicial translation, juridical translation, literary translation and others
• Segmentation by End User: Comprises of commercial, public sector and others
• Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Translation Service Global Market - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the translation service market in North America owing to the presence of a large number of established key players such as Amazon Web Services, LanguageLine Solutions, Lionbridge, TransPerfect, GlobaLexicon and Ingco International among others. Also, due to a considerable shift towards the adoption of different language translation services in the region, the market is likely to show immense growth in the coming future. Translation service market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to rise in IT technology and growing business operations across the globe. Whereas, the Europe market for translation service is expected to grow at a considerable CAGR (2017-2023).

Get complete Report @ https://www.marketresearchfuture.com/reports/translation-service-market-1400

Intended Audience

• Translation Service Market services providers
• Software developers
• Government agencies
• Electronic device manufacturers
• Value-added resellers
• Security agencies
• Research Firms

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.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Media Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.