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Language Translation Software Market 2024-2028

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  • 139 Pages
  • September 2024
  • Region: Global
  • TechNavio
  • ID: 5557975
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The language translation software market is forecasted to grow by USD 8.90 billion during 2023-2028, accelerating at a CAGR of 14.7% during the forecast period. The report on the language translation software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of mobile translation solutions, globalization of businesses, and technology adoption to enhance language translation process efficiency.

The language translation software market is segmented as below:

By Solution

  • Rule-based machine translation
  • Statistical-based machine translation
  • Hybrid machine translation
  • Others

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the growing demand for cloud-based language translation software offerings as one of the prime reasons driving the language translation software market growth during the next few years. Also, growing number of collaborations and acquisitions and advent of nmt (neutral machine translation) and ai (artificial intelligence) will lead to sizable demand in the market.

The report on the language translation software market covers the following areas:

  • Language Translation Software Market sizing
  • Language Translation Software Market forecast
  • Language Translation Software Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading language translation software market vendors that include Acolad Group, Alphabet Inc., AppTek, Babylon Software Ltd., Global Linguist Solutions LLC, Inriver AB, International Business Machines Corp., Language Engineering Co., LanguageLine Solutions, Lingotek Inc., Lionbridge Technologies LLC, MateCat, Memsource AS, Microsoft Corp., RR Donnelley and Sons Co., RWS Holdings PLC, Stepes, SYSTRAN SA, thebigword Group Ltd., and Transifex . Also, the language translation software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Solution
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ million)
  • Data Table on Global - Market size and forecast 2023-2028 ($ million)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Language Translation Software Market 2018 - 2022
  • Historic Market Size - Data Table on Global Language Translation Software Market 2018 - 2022 ($ million)
4.2 Solution segment analysis 2018 - 2022
  • Historic Market Size - Solution Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Solution
6.1 Market segments
  • Chart on Solution - Market share 2023-2028 (%)
  • Data Table on Solution - Market share 2023-2028 (%)
6.2 Comparison by Solution
  • Chart on Comparison by Solution
  • Data Table on Comparison by Solution
6.3 Rule-based machine translation - Market size and forecast 2023-2028
  • Chart on Rule-based machine translation - Market size and forecast 2023-2028 ($ million)
  • Data Table on Rule-based machine translation - Market size and forecast 2023-2028 ($ million)
  • Chart on Rule-based machine translation - Year-over-year growth 2023-2028 (%)
  • Data Table on Rule-based machine translation - Year-over-year growth 2023-2028 (%)
6.4 Statistical-based machine translation - Market size and forecast 2023-2028
  • Chart on Statistical-based machine translation - Market size and forecast 2023-2028 ($ million)
  • Data Table on Statistical-based machine translation - Market size and forecast 2023-2028 ($ million)
  • Chart on Statistical-based machine translation - Year-over-year growth 2023-2028 (%)
  • Data Table on Statistical-based machine translation - Year-over-year growth 2023-2028 (%)
6.5 Hybrid machine translation - Market size and forecast 2023-2028
  • Chart on Hybrid machine translation - Market size and forecast 2023-2028 ($ million)
  • Data Table on Hybrid machine translation - Market size and forecast 2023-2028 ($ million)
  • Chart on Hybrid machine translation - Year-over-year growth 2023-2028 (%)
  • Data Table on Hybrid machine translation - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ million)
  • Data Table on Others - Market size and forecast 2023-2028 ($ million)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Solution
  • Market opportunity by Solution ($ million)
  • Data Table on Market opportunity by Solution ($ million)
7 Customer Landscape
7.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ million)
  • Data Table on North America - Market size and forecast 2023-2028 ($ million)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ million)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ million)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ million)
  • Data Table on South America - Market size and forecast 2023-2028 ($ million)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ million)
  • Data Table on China - Market size and forecast 2023-2028 ($ million)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ million)
  • Data Table on UK - Market size and forecast 2023-2028 ($ million)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ million)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 Japan - Market size and forecast 2023-2028
  • Chart on Japan - Market size and forecast 2023-2028 ($ million)
  • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  • Chart on Japan - Year-over-year growth 2023-2028 (%)
  • Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 Alphabet Inc.
  • Alphabet Inc. - Overview
  • Alphabet Inc. - Business segments
  • Alphabet Inc. - Key offerings
  • Alphabet Inc. - Segment focus
11.4 Babylon Software Ltd.
  • Babylon Software Ltd. - Overview
  • Babylon Software Ltd. - Product / Service
  • Babylon Software Ltd. - Key offerings
11.5 International Business Machines Corp.
  • International Business Machines Corp. - Overview
  • International Business Machines Corp. - Business segments
  • International Business Machines Corp. - Key news
  • International Business Machines Corp. - Key offerings
  • International Business Machines Corp. - Segment focus
11.6 LanguageLine Solutions
  • LanguageLine Solutions - Overview
  • LanguageLine Solutions - Product / Service
  • LanguageLine Solutions - Key offerings
11.7 Lionbridge Technologies LLC
  • Lionbridge Technologies LLC - Overview
  • Lionbridge Technologies LLC - Product / Service
  • Lionbridge Technologies LLC - Key offerings
11.8 Microsoft Corp.
  • Microsoft Corp. - Overview
  • Microsoft Corp. - Business segments
  • Microsoft Corp. - Key news
  • Microsoft Corp. - Key offerings
  • Microsoft Corp. - Segment focus
11.9 RR Donnelley and Sons Co.
  • RR Donnelley and Sons Co. - Overview
  • RR Donnelley and Sons Co. - Product / Service
  • RR Donnelley and Sons Co. - Key offerings
11.10 RWS Holdings PLC
  • RWS Holdings PLC - Overview
  • RWS Holdings PLC - Business segments
  • RWS Holdings PLC - Key offerings
  • RWS Holdings PLC - Segment focus
11.11 SYSTRAN SA
  • SYSTRAN SA - Overview
  • SYSTRAN SA - Product / Service
  • SYSTRAN SA - Key offerings
11.12 thebigword Group Ltd.
  • thebigword Group Ltd. - Overview
  • thebigword Group Ltd. - Product / Service
  • thebigword Group Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Solution
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Language Translation Software Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Solution Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Solution - Market share 2023-2028 (%)
Exhibits 31: Data Table on Solution - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Solution
Exhibits 33: Data Table on Comparison by Solution
Exhibits 34: Chart on Rule-based machine translation - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Rule-based machine translation - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Rule-based machine translation - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Rule-based machine translation - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Statistical-based machine translation - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Statistical-based machine translation - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Statistical-based machine translation - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Statistical-based machine translation - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Hybrid machine translation - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Hybrid machine translation - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Hybrid machine translation - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Hybrid machine translation - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Market opportunity by Solution ($ million)
Exhibits 51: Data Table on Market opportunity by Solution ($ million)
Exhibits 52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 53: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 54: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 55: Chart on Geographic comparison
Exhibits 56: Data Table on Geographic comparison
Exhibits 57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 97: Market opportunity By Geographical Landscape ($ million)
Exhibits 98: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 99: Impact of drivers and challenges in 2023 and 2028
Exhibits 100: Overview on criticality of inputs and factors of differentiation
Exhibits 101: Overview on factors of disruption
Exhibits 102: Impact of key risks on business
Exhibits 103: Companies covered
Exhibits 104: Matrix on companies position and classification
Exhibits 105: Alphabet Inc. - Overview
Exhibits 106: Alphabet Inc. - Business segments
Exhibits 107: Alphabet Inc. - Key offerings
Exhibits 108: Alphabet Inc. - Segment focus
Exhibits 109: Babylon Software Ltd. - Overview
Exhibits 110: Babylon Software Ltd. - Product / Service
Exhibits 111: Babylon Software Ltd. - Key offerings
Exhibits 112: International Business Machines Corp. - Overview
Exhibits 113: International Business Machines Corp. - Business segments
Exhibits 114: International Business Machines Corp. - Key news
Exhibits 115: International Business Machines Corp. - Key offerings
Exhibits 116: International Business Machines Corp. - Segment focus
Exhibits 117: LanguageLine Solutions - Overview
Exhibits 118: LanguageLine Solutions - Product / Service
Exhibits 119: LanguageLine Solutions - Key offerings
Exhibits 120: Lionbridge Technologies LLC - Overview
Exhibits 121: Lionbridge Technologies LLC - Product / Service
Exhibits 122: Lionbridge Technologies LLC - Key offerings
Exhibits 123: Microsoft Corp. - Overview
Exhibits 124: Microsoft Corp. - Business segments
Exhibits 125: Microsoft Corp. - Key news
Exhibits 126: Microsoft Corp. - Key offerings
Exhibits 127: Microsoft Corp. - Segment focus
Exhibits 128: RR Donnelley and Sons Co. - Overview
Exhibits 129: RR Donnelley and Sons Co. - Product / Service
Exhibits 130: RR Donnelley and Sons Co. - Key offerings
Exhibits 131: RWS Holdings PLC - Overview
Exhibits 132: RWS Holdings PLC - Business segments
Exhibits 133: RWS Holdings PLC - Key offerings
Exhibits 134: RWS Holdings PLC - Segment focus
Exhibits 135: SYSTRAN SA - Overview
Exhibits 136: SYSTRAN SA - Product / Service
Exhibits 137: SYSTRAN SA - Key offerings
Exhibits 138: thebigword Group Ltd. - Overview
Exhibits 139: thebigword Group Ltd. - Product / Service
Exhibits 140: thebigword Group Ltd. - Key offerings
Exhibits 141: Inclusions checklist
Exhibits 142: Exclusions checklist
Exhibits 143: Currency conversion rates for US$
Exhibits 144: Research methodology
Exhibits 145: Information sources
Exhibits 146: Data validation
Exhibits 147: Validation techniques employed for market sizing
Exhibits 148: Data synthesis
Exhibits 149: 360 degree market analysis
Exhibits 150: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global language translation software market: Acolad Group, Alphabet Inc., AppTek, Babylon Software Ltd., Global Linguist Solutions LLC, Inriver AB, International Business Machines Corp., Language Engineering Co., LanguageLine Solutions, Lingotek Inc., Lionbridge Technologies LLC, MateCat, Memsource AS, Microsoft Corp., RR Donnelley and Sons Co., RWS Holdings PLC, Stepes, SYSTRAN SA, thebigword Group Ltd., and Transifex .

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for cloud-based language translation software offerings."

According to the report, one of the major drivers for this market is the increased adoption of mobile translation solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Acolad Group
  • Alphabet Inc.
  • AppTek
  • Babylon Software Ltd.
  • Global Linguist Solutions LLC
  • Inriver AB
  • International Business Machines Corp.
  • Language Engineering Co.
  • LanguageLine Solutions
  • Lingotek Inc.
  • Lionbridge Technologies LLC
  • MateCat
  • Memsource AS
  • Microsoft Corp.
  • RR Donnelley and Sons Co.
  • RWS Holdings PLC
  • Stepes
  • SYSTRAN SA
  • thebigword Group Ltd.
  • Transifex

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About the Translation Software Market

The Translation Software market is a subset of the larger Software market. It is composed of software applications that are used to translate text from one language to another. These applications are used by individuals, businesses, and organizations to facilitate communication between people who speak different languages. Translation Software can be used to translate documents, websites, emails, and other digital content. The Translation Software market is highly competitive, with many companies offering a variety of products and services. Companies in the market include Google Translate, Microsoft Translator, SDL, SYSTRAN, and Lionbridge Technologies. These companies offer a range of products and services, including machine translation, human translation, and post-editing services. They also provide language-specific solutions, such as translation memory, terminology management, and localization services. Show Less Read more

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