Press release
2020 Global Translation Services Market, Industry Trends, Revenue Growth And Top Key Players
The Business Research Company offers "Translation Services Global Market Report 2020" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global translation services market was valued at $43 billion in 2017. North America was the largest geographic region accounting for $26.6 billion or 61.8% of the global market. The USA was the largest country accounting for $20.1 billion or 46.7% of the global translation services market.
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Translation services industry comprises establishments primarily engaged in translating written material from one language to another.
Rise in the internet usage has allowed people to connect with each other resulting in rise in demand for long tail language translation services. Long tail languages include languages that do not form part of major languages and are not used by many people in today’s society. These languages are rarely spoken but still have a significant presence in many local communities. Most of the companies are localizing their business marketing strategies to target people falling in local tail languages category. Businesses are offering services that need to be translated to the people in local languages. As connectivity is on the rise there is a growing demand for long tail language translation services.
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Few Points From Table Of Content
1. Translation Services Market Characteristics
2. Translation Services Market Size And Growth
3. Translation Services Trends And Strategies;
4. Pestle Analysis
5. Translation Services Market Customer Information;
....
17. Africa Translation Services Market
18. Translation Services Market Competitive Landscape
19. Key Mergers And Acquisitions In The Translation Services Market
20. Market Background: Market Research Services Market
21. Appendix
The report covers the trends and market dynamics of the translation services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the translation services market are Lionbridge, TelePerformance, TransPerfect, Yamagata, and Semantix
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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