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Language Translation Software & Services Market Size, Share 2022
Language translation software and services include rules-based machine translation, statistical-based machine translation, and hybrid machine translation. Features of hybrid machine translation include key attributes of rule-based machine translation and statistical-based machine translation to achieve higher accuracy.
This report contains market size and forecasts of Language Translation Software & Services in Global, including the following market information:
Global top five companies in 2021 (%)
The global Language Translation Software & Services market was valued at 64230 million in 2021 and is projected to reach US$ 87060 million by 2028, at a CAGR of 4.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rules-based Machine Translation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Language Translation Software & Services include IBM, Microsoft, Google, Global Linguist Solutions, Systran, Lionbridge Technologies, Cloudwords, Babylon Software and Thebigword. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Language Translation Software & Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Language Translation Software & Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Language Translation Software & Services Market Segment Percentages, by Type, 2021 (%)
- Rules-based Machine Translation
- Statistical-based Machine Translation
- Hybrid Machine Translation
Global Language Translation Software & Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Language Translation Software & Services Market Segment Percentages, by Application, 2021 (%)
- Commercial
- Educational
- Financial
- Military
- Other
Global Language Translation Software & Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Language Translation Software & Services Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Language Translation Software & Services revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Language Translation Software & Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- IBM
- Microsoft
- Google
- Global Linguist Solutions
- Systran
- Lionbridge Technologies
- Cloudwords
- Babylon Software
- Thebigword
| Report Attributes |
Report Details |
| Report Title |
Language Translation Software & Services Market - Global Outlook and Forecast 2022-2028 |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2021 |
| Forecast Year |
2029 |
| Number of Pages |
61 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Language Translation Software & Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Language Translation Software & Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Language Translation Software & Services Overall Market Size
2.1 Global Language Translation Software & Services Market Size: 2021 VS 2028
2.2 Global Language Translation Software & Services Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Language Translation Software & Services Players in Global Market
3.2 Top Global Language Translation Software & Services Companies Ranked by Revenue
3.3 Global Language Translation Software & Services Revenue by Companies
3.4 Top 3 and Top 5 Language Translation Software & Services Companies in Global Market, by Revenue in 2021
3.5 Global Companies Language Translation Software & Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Language Translation Software & Services Players in Global Market
3.6.1 List of Global Tier 1 Language Translation Software & Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Language Translation Software & Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Language Translation Software & Services Market Size Markets, 2021 & 2028
4.1.2 Rules-based Machine Translation
4.1.3 Statistical-based Machine Translation
4.1.4 Hybrid Machine Translation
4.2 By Type - Global Language Translation Software & Services Revenue & Forecasts
4.2.1 By Type - Global Language Translation Software & Services Revenue, 2017-2022
4.2.2 By Type - Global Language Translation Software & Services Revenue, 2023-2028
4.2.3 By Type - Global Language Translation Software & Services Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Language Translation Software & Services Market Size, 2021 & 2028
5.1.2 Commercial
5.1.3 Educational
5.1.4 Financial
5.1.5 Military
5.1.6 Other
5.2 By Application - Global Language Translation Software & Services Revenue & Forecasts
5.2.1 By Application - Global Language Translation Software & Services Revenue, 2017-2022
5.2.2 By Application - Global Language Translation Software & Services Revenue, 2023-2028
5.2.3 By Application - Global Language Translation Software & Services Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Language Translation Software & Services Market Size, 2021 & 2028
6.2 By Region - Global Language Translation Software & Services Revenue & Forecasts
6.2.1 By Region - Global Language Translation Software & Services Revenue, 2017-2022
6.2.2 By Region - Global Language Translation Software & Services Revenue, 2023-2028
6.2.3 By Region - Global Language Translation Software & Services Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Language Translation Software & Services Revenue, 2017-2028
6.3.2 US Language Translation Software & Services Market Size, 2017-2028
6.3.3 Canada Language Translation Software & Services Market Size, 2017-2028
6.3.4 Mexico Language Translation Software & Services Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Language Translation Software & Services Revenue, 2017-2028
6.4.2 Germany Language Translation Software & Services Market Size, 2017-2028
6.4.3 France Language Translation Software & Services Market Size, 2017-2028
6.4.4 U.K. Language Translation Software & Services Market Size, 2017-2028
6.4.5 Italy Language Translation Software & Services Market Size, 2017-2028
6.4.6 Russia Language Translation Software & Services Market Size, 2017-2028
6.4.7 Nordic Countries Language Translation Software & Services Market Size, 2017-2028
6.4.8 Benelux Language Translation Software & Services Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Language Translation Software & Services Revenue, 2017-2028
6.5.2 China Language Translation Software & Services Market Size, 2017-2028
6.5.3 Japan Language Translation Software & Services Market Size, 2017-2028
6.5.4 South Korea Language Translation Software & Services Market Size, 2017-2028
6.5.5 Southeast Asia Language Translation Software & Services Market Size, 2017-2028
6.5.6 India Language Translation Software & Services Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Language Translation Software & Services Revenue, 2017-2028
6.6.2 Brazil Language Translation Software & Services Market Size, 2017-2028
6.6.3 Argentina Language Translation Software & Services Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Language Translation Software & Services Revenue, 2017-2028
6.7.2 Turkey Language Translation Software & Services Market Size, 2017-2028
6.7.3 Israel Language Translation Software & Services Market Size, 2017-2028
6.7.4 Saudi Arabia Language Translation Software & Services Market Size, 2017-2028
6.7.5 UAE Language Translation Software & Services Market Size, 2017-2028
7 Players Profiles
7.1 IBM
7.1.1 IBM Corporate Summary
7.1.2 IBM Business Overview
7.1.3 IBM Language Translation Software & Services Major Product Offerings
7.1.4 IBM Language Translation Software & Services Revenue in Global Market (2017-2022)
7.1.5 IBM Key News
7.2 Microsoft
7.2.1 Microsoft Corporate Summary
7.2.2 Microsoft Business Overview
7.2.3 Microsoft Language Translation Software & Services Major Product Offerings
7.2.4 Microsoft Language Translation Software & Services Revenue in Global Market (2017-2022)
7.2.5 Microsoft Key News
7.3 Google
7.3.1 Google Corporate Summary
7.3.2 Google Business Overview
7.3.3 Google Language Translation Software & Services Major Product Offerings
7.3.4 Google Language Translation Software & Services Revenue in Global Market (2017-2022)
7.3.5 Google Key News
7.4 Global Linguist Solutions
7.4.1 Global Linguist Solutions Corporate Summary
7.4.2 Global Linguist Solutions Business Overview
7.4.3 Global Linguist Solutions Language Translation Software & Services Major Product Offerings
7.4.4 Global Linguist Solutions Language Translation Software & Services Revenue in Global Market (2017-2022)
7.4.5 Global Linguist Solutions Key News
7.5 Systran
7.5.1 Systran Corporate Summary
7.5.2 Systran Business Overview
7.5.3 Systran Language Translation Software & Services Major Product Offerings
7.5.4 Systran Language Translation Software & Services Revenue in Global Market (2017-2022)
7.5.5 Systran Key News
7.6 Lionbridge Technologies
7.6.1 Lionbridge Technologies Corporate Summary
7.6.2 Lionbridge Technologies Business Overview
7.6.3 Lionbridge Technologies Language Translation Software & Services Major Product Offerings
7.6.4 Lionbridge Technologies Language Translation Software & Services Revenue in Global Market (2017-2022)
7.6.5 Lionbridge Technologies Key News
7.7 Cloudwords
7.7.1 Cloudwords Corporate Summary
7.7.2 Cloudwords Business Overview
7.7.3 Cloudwords Language Translation Software & Services Major Product Offerings
7.7.4 Cloudwords Language Translation Software & Services Revenue in Global Market (2017-2022)
7.7.5 Cloudwords Key News
7.8 Babylon Software
7.8.1 Babylon Software Corporate Summary
7.8.2 Babylon Software Business Overview
7.8.3 Babylon Software Language Translation Software & Services Major Product Offerings
7.8.4 Babylon Software Language Translation Software & Services Revenue in Global Market (2017-2022)
7.8.5 Babylon Software Key News
7.9 Thebigword
7.9.1 Thebigword Corporate Summary
7.9.2 Thebigword Business Overview
7.9.3 Thebigword Language Translation Software & Services Major Product Offerings
7.9.4 Thebigword Language Translation Software & Services Revenue in Global Market (2017-2022)
7.9.5 Thebigword Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Language Translation Software & Services Market Opportunities & Trends in Global Market
Table 2. Language Translation Software & Services Market Drivers in Global Market
Table 3. Language Translation Software & Services Market Restraints in Global Market
Table 4. Key Players of Language Translation Software & Services in Global Market
Table 5. Top Language Translation Software & Services Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Language Translation Software & Services Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Language Translation Software & Services Revenue Share by Companies, 2017-2022
Table 8. Global Companies Language Translation Software & Services Product Type
Table 9. List of Global Tier 1 Language Translation Software & Services Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Language Translation Software & Services Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type ? Global Language Translation Software & Services Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Language Translation Software & Services Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Language Translation Software & Services Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application ? Global Language Translation Software & Services Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Language Translation Software & Services Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Language Translation Software & Services Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region ? Global Language Translation Software & Services Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Language Translation Software & Services Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Language Translation Software & Services Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Language Translation Software & Services Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Language Translation Software & Services Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Language Translation Software & Services Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Language Translation Software & Services Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Language Translation Software & Services Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Language Translation Software & Services Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Language Translation Software & Services Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Language Translation Software & Services Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Language Translation Software & Services Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Language Translation Software & Services Revenue, (US$, Mn), 2023-2028
Table 30. IBM Corporate Summary
Table 31. IBM Language Translation Software & Services Product Offerings
Table 32. IBM Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 33. Microsoft Corporate Summary
Table 34. Microsoft Language Translation Software & Services Product Offerings
Table 35. Microsoft Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 36. Google Corporate Summary
Table 37. Google Language Translation Software & Services Product Offerings
Table 38. Google Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 39. Global Linguist Solutions Corporate Summary
Table 40. Global Linguist Solutions Language Translation Software & Services Product Offerings
Table 41. Global Linguist Solutions Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 42. Systran Corporate Summary
Table 43. Systran Language Translation Software & Services Product Offerings
Table 44. Systran Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 45. Lionbridge Technologies Corporate Summary
Table 46. Lionbridge Technologies Language Translation Software & Services Product Offerings
Table 47. Lionbridge Technologies Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 48. Cloudwords Corporate Summary
Table 49. Cloudwords Language Translation Software & Services Product Offerings
Table 50. Cloudwords Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 51. Babylon Software Corporate Summary
Table 52. Babylon Software Language Translation Software & Services Product Offerings
Table 53. Babylon Software Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
Table 54. Thebigword Corporate Summary
Table 55. Thebigword Language Translation Software & Services Product Offerings
Table 56. Thebigword Language Translation Software & Services Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Language Translation Software & Services Segment by Type in 2021
Figure 2. Language Translation Software & Services Segment by Application in 2021
Figure 3. Global Language Translation Software & Services Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Language Translation Software & Services Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Language Translation Software & Services Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Language Translation Software & Services Revenue in 2021
Figure 8. By Type - Global Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 9. By Application - Global Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 10. By Region - Global Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 11. By Country - North America Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 12. US Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 16. Germany Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 17. France Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 24. China Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 28. India Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 30. Brazil Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Language Translation Software & Services Revenue Market Share, 2017-2028
Figure 33. Turkey Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Language Translation Software & Services Revenue, (US$, Mn), 2017-2028
Figure 37. IBM Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Microsoft Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Google Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Global Linguist Solutions Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Systran Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Lionbridge Technologies Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Cloudwords Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Babylon Software Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Thebigword Language Translation Software & Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
