openPR Logo
Press release

Machine Translation Market Professional Study In-depth Analysis and Future Scope from 2020-2027 | AppTek, Cloudwords, IBM Corporation, Lionbridge Technologies, Microsoft Corporation, PROMT

12-23-2020 06:09 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

Machine translation enables instant conversion for textual, image, and audio files from the source language to the target language. Growing Internet penetration, improvement in communication infrastructure, and rising need to reduce operational costs are the key driving factor for the machine translation market during the forecast period. Further, increasing the demand for cost-effective and high-speed translation fuels the growth of the machine translation market.

Top Companies Covered in this Report:
AppTek, Cloudwords Inc., IBM Corporation, Lionbridge Technologies, Inc., Microsoft Corporation, PROMT LLC, Raytheon Technologies (Raytheon BBN Technologies), RWS Holdings plc, SDL plc, SYSTRAN S.A.

Get sample copy of Report at: https://bit.ly/37JQStp

What is the Dynamics of Machine Translation Market?
Growing penetration of digitalization across industries, the rising need for machine translation services to facilitate communication between trading organizations is the significant factor driving the machine translation market's growth. However, lack of quality and accuracy, and accessibility of open source translation software may hamper the machine translation market growth. Moreover, rapid adoption of smart devices, growing demand to improve customer experience, and the adoption of cloud-based services is expected to provide lucrative growth opportunities for the machine translation market growth.

What is the SCOPE of Machine Translation Market?
The "Global Machine Translation Market Analysis to 2027"? is a specialized and in-depth study of the Machine translation industry with a special focus on the global market trend analysis. The report aims to provide an overview Machine translation market with detailed market segmentation as of technology, deployment, application, and geography. The global machine translation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading machine translation market players and offers key trends and opportunities in the machine translation market.

What is the Market Segmentation?
The global machine translation market is segmented on the basis of technology, deployment, application. On the basis of technology the market is segmented as statistical machine translation (SMT), rule-based machine translation (RBMT), neural machine translation, others. On the basis of deployment the market is segmented as on-premise, cloud. On the basis of application the market is segmented as automotive, BFSI, e-commerce, electronics, healthcare, it and telecommunications, military and defense, others.

What is the Regional Framework of Machine Translation Market?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global machine translation market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The machine translation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

Get Discount for This Report https://bit.ly/3hq1LUJ

Table Of Content
1.INTRODUCTION

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.MACHINE TRANSLATION MARKET LANDSCAPE

5.MACHINE TRANSLATION MARKET - KEY MARKET DYNAMICS

6.MACHINE TRANSLATION MARKET - GLOBAL MARKET ANALYSIS

7.MACHINE TRANSLATION MARKET - REVENUE AND FORECASTS TO 2027 - TECHNOLOGY

8.MACHINE TRANSLATION MARKET - REVENUE AND FORECASTS TO 2027 - DEPLOYMENT

9.MACHINE TRANSLATION MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION

10.MACHINE TRANSLATION MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS

Enquire about report at: https://bit.ly/3mE6Uta

Contact Us:
Sameer Joshi
Call: +912067274191
Email: sales@premiummarketinsights.com
Pune

About Premium Market Insights:
Premiummarketinsights.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Machine Translation Market Professional Study In-depth Analysis and Future Scope from 2020-2027 | AppTek, Cloudwords, IBM Corporation, Lionbridge Technologies, Microsoft Corporation, PROMT here

News-ID: 2216148 • Views:

More Releases from Premium Market Insights

Burner Management System Market Statistical Forecasts 2027, Globalisation And Tr …
A burner management system (BMS) is used to monitor, control, diagnose, and maintain the various aspects of burning equipment in the industry. BMS offers multiple benefits such as less gas emissions and provide safer working conditions, which raises the need if BMS in the burning equipment that propels the growth of the burning management system market Top Companies Covered in this Report: ABB, ACL Manufacturing Inc., Cimarron Energy, Combustex Corp., Emerson
Edible Preservatives Market report highlights top ten companies’ operation strategy in the market through Brasil Ceras, Carnauba do Brasil, Chr. Hansen, DuPont, Kemin Industries
Edible Preservatives Market report highlights top ten companies’ operation str …
The substance which is used for long-term food preservation or long-term storage is called food preservatives. For example, salt, sugar, alcohol, and vinegar, etc. Further, processed, packaged foods like some crackers, cereals, bread, snacks, ready-to-eat meals, cheese, yogurt, deli meats, sauces, and soups may contain preservatives. The edible preservatives market has witnessed a significant growth owing to factors such as rising demand for food industry. Moreover, the R&D activity across the
Piezoelectric Device Market Analysis latest demand by 2020-2027 with leading pla …
The piezoelectric device uses the piezoelectric effect to calculate changes in temperature, pressure, acceleration, and force by converting them to an electric pulse. The demand for piezoelectric devices is increasing in recent times due to constant development made in piezoelectric material since it is a crucial enabling technology for an extensive range of consumer and industrial products. The application of piezoelectric devices is widespread in the manufacturing and industrial sectors.
Sinus Dilation Market is Projected to Reach US$ 3,859.75 billion by 2027 | Leadi …
The Sinus Dilation market was valued at US$ 1,918.73 million in 2019 and is projected to reach US$ 3,859.75 million by 2027; it is expected to grow at a CAGR of 9.3% during 2020–2027. The growth of the market is mainly attributed to factors such increasing number of product approvals and growing need for surgical procedures to treat sinusitis. However, the high cost of sinus dilation procedure is among the factorshindering

All 5 Releases


More Releases for Machine

Agriculture Machine to Machine (M2M) Agriculture Machine to Machine (M2M)
Global Agriculture Machine to Machine (M2M) market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market
Machine To Machine (M2M) Connections Market
Machine to Machine (M2M) Connections Market Research study which offers insights of in-depth research on historic and current market size along with the expected future prospects of the market and emerging trends in the market. The Machine to Machine (M2M) Connections Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Machine to Machine (M2M) Connections Market. Mobile, other connected
Drilling Machine Market by Type (Sensitive Drilling Machine, Upright Drilling Ma …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in drilling machine. Moreover, various domestic players are investing in the automotive and military & defense sectors, which is anticipated to boost the demand for drilling machines and its components to complete the respective operations with reduced labor cost and high precision of work within optimized time. Furthermore, the drilling machine market is
Drilling Machine Market Report 2018: Segmentation by Type (Portable Drilling Mac …
Global Drilling Machine market research report provides company profile for Halliburton, Atlas Copco, Torquado Drilling Accessories, DATRON, DMTG, DMG MORI, SMTCL, NewTech Drilling Products, Baker Huges, Cheston, National Oilwell Varco and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the
Washing Machine Market Report 2018: Segmentation by Washing Machine Type (Drum-t …
Global Washing Machine market research report provides company profile for Frigidaire (US), Arbreau (US), Kenmore (US), ECOAP (China), Turbo Series (Korea), Avanti (Denmark), Fisher & Paykel (New Zealand), Globe House Products (US), GE (US), LG (Korea), Electrolux (Sweden), Samsung (Korea), Speed Queen(US), Bosch (Germany) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018
Coffee Machine Market By Drip Coffee Machine, Stovetop Coffee Machine, Espresso …
Coffee machines or coffee makers are appliances used to brew coffee. Coffee machines work on various brewing principles but the most common device uses coffee grounds which are placed in a metal filter inside the funnel which is set over a glass or a coffee pot. Thus coffee machines save a lot of time and it directly affect the coffee’s taste. Ease of use and consistent brewing results are driving consumers