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Translation Services Market 2019 is Booming Worldwide with Leading Players –Lionbridge, Moravia, TransPerfect, LanguageLine Solutions, Welocalize, Mission Essentials, Alchemy, RR Donnelley, Lingotek, PROZ/KUDOZ, STAR Group, CLS Communication, thebigword

04-26-2019 08:18 AM CET | IT, New Media & Software

Press release from: Verified Market Research

Translation Services Market

Translation Services Market

The Global Translation Services Market was valued at USD 37.26 billion in 2017 and is projected to reach USD 43.91 billion by 2025, growing at a CAGR of 2.1% from 2018 to 2025

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 have been opting for the translation services in order to provide comfort to their national as well as international clients. This mode of services requires 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.

“Translation Services” Market report is a professional and in-depth study on the market overview, market dynamics, competitive analysis, and leading player’s various strategies. The report also covers all the key parameters such as product innovation, market strategies of the key players, latest research and development, revenue generation, market share and market expert views.

Translation Services Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

The Market is largely fragmented and the vast majority of the players functioning in the global Translation Services market are taking steps to raise their market footprint, by concentrating on product diversification and development, therefore making them seizes a larger share of the market.

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The Major Key Players in the Market are as follows:

• Mission Essentials
• LanguageLin
• Lionbridge
• Alchemy
• RR Donnelley
• Lingotek
• PROZ/KUDOZ
• Moravia
• TransPerfect
• STAR Group
• Welocalize
• CLS Communication
• Thebigword Group
• Logos Group
• Yamagata
• Semantix

Global Translation Services Market Segmentation, by Application :

On the basis of application, Global Translation Services market is segmented into:
• Legal
• Financial & Banking
• Medical
• Tourism & Travel
• Others
The legal segment dominated the market in 2017, while tourism & travel segment is projected to grow at the highest CAGR over the forecast period.

Global Translation Services Market Segmentation, by Type :

On the basis of Type, Global Translation Services Market is categorized into:
• Written translation services
• Interpretation Services
• Others
The written translation services segment accounted for largest market share of the global market in the year 2017 and is expected to lead the market in the forecast period.

Global Translation Services Market Geographic Scope

• North America
• U.S.
• Canada
• Mexico

• Europe
• Germany
• UK
• France
• Rest of Europe

• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific

• Latin America
• Brazil

• Rest of the World

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Table Of Content

1 Introduction Of The Global Translation Services
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Translation Services Outlook
5 The Global Translation Services, By Systems
6 The Global Translation Services, By Service
7 The Global Translation Services, By Verticals
8 The Global Translation Services, By Applications
9 The Global Translation Services, By Geography
10 The Global Translation Services Competitive Landscape

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Complete Report is Available @ https://www.verifiedmarketresearch.com/product/global-translation-services-market-size-and-forecast-to-2025/?utm_source=OPR&utm_medium=PK

About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.

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Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com

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