Global Translation Services Market


Report ID : RC-43854 Category : Service Industry
Published Date : Jun-19 Pages : 200 Format : PDF
Global Translation Service Market valued approximately USD XX billion in 2017  is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Translation Service Market is continuously growing in the global scenario at significant pace. Translation is communication of meaning from one language to other languages. The purpose of translation is to convey the original quality, tone, essence, and intent of the message. Modern day translation services rely on new technologies which use software to simplify the translation of languages. Organizations around the world use translations for the business purposes, missions, mandates, user reviews, reports and many more. Rapid globalization, technological enhancements, increasing geographical outreach and growth in foreign client base are the substantial driving factors of the market during the forecast period. Moreover, growing adoption of artificial intelligence is the major factor that likely to creating lucrative opportunity in the near future. In addition, translation services makes communication effective, highly accurate and meets global regulation & standards which also impelling the demand of translation services across the globe. However, inevitable loss of intended meaning and machines cannot be able to translate the context is one of the major factor that limiting the market growth of Translation Service during the forecast period. 
The regional analysis of Global Translation Service Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to higher adoption of translation services in security & government agencies and rising technological advancements across the region. Europe is estimated to grow at stable growth rate in the global Translation Service market over the upcoming years. Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to rising government initiatives in the region. 
The major market player included in this report are:
? Language Line Solutions
? Lionbridge 
? TransPerfect
? SDL
? Globalexicon
? Global Language Solutions Inc.
? Ingco International
? Straker Translations
? Mars Translation Services
? Gengo                  

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

By Operation Type:

? Technical Translation
? Machine Translation

By Service:

? Written Translation Services
? Interpretation Service

By Component:

? Hardware
? Software

By Application:

? Commercial
? Automotive
? IT & Telecommunication
? Healthcare
? Government

By Regions:
? North America
o U.S.
o Canada
? Europe
o UK
o Germany
? Asia Pacific
o China
o India
o Japan
? Latin America
o Brazil
o Mexico
? Rest of the World

Furthermore, years considered for the study are as follows:

Historical year ? 2015, 2016
Base year ? 2017
Forecast period ? 2018 to 2025

Target Audience of the Global Translation Service Market in Market Study:

? Key Consulting Companies & Advisors
? Large, medium-sized, and small enterprises
? Venture capitalists
? Value-Added Resellers (VARs)
? Third-party knowledge providers
? Investment bankers
? Investors
Chapter 1. Executive Summary 
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Translation Service Market, by Operation Type, 2015-2025 (USD Billion)
1.3.2. Translation Service Market, by Service, 2015-2025 (USD Billion)
1.3.3. Translation Service Market, by Component, 2015-2025 (USD Billion)
1.3.4. Translation Service Market, by Application, 2015-2025 (USD Billion)
1.3.5. Translation Service Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Translation Service Market Definition and Scope 
2.1. Objective of the Study 
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Translation Service Market Dynamics 
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Translation Service Market Industry Analysis
4.1. Porter?s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter?s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis 
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Translation Service Market, by Operation Type
5.1. Market Snapshot 
5.2. Market Performance - Potential Model
5.3. Key Market Players
5.4. Translation Service Market, Sub Segment Analysis
5.4.1. Technical Translation
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.2. Machine Translation
5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Translation Service Market, by Service
6.1. Market Snapshot 
6.2. Market Performance - Potential Model
6.3. Key Market Players
6.4. Translation Service Market, Sub Segment Analysis
6.4.1. Written Translation Service
6.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.4.2. Interpretation Service
6.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 7. Translation Service Market, by Component
7.1. Market Snapshot 
7.2. Market Performance - Potential Model
7.3. Key Market Players
7.4. Translation Service Market, Sub Segment Analysis
7.4.1. Hardware
7.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.2. Software
7.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 8. Translation Service Market, by Application
8.1. Market Snapshot 
8.2. Market Performance - Potential Model
8.3. Key Market Players
8.4. Translation Service Market, Sub Segment Analysis
8.4.1. Commercial
8.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.2. Automotive
8.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.3. IT & Telecommunication
8.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.4. Healthcare
8.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.5. Government
8.4.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 9. Translation Service Market, by Regional Analysis
9.1. Translation Service Market, Regional Market Snapshot (2015-2025)
9.2. North America Translation Service Market Snapshot
9.2.1. U.S.
9.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.2.1.2. Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.1.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.1.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.2. Canada
9.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.2.2.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.2.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.2.2.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3. Europe Translation Service Market  Snapshot
9.3.1. U.K. 
9.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.1.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.1.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.1.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.2. Germany 
9.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.2.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.2.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.2.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.3. France 
9.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.3.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.3.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.3.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.3.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.4. Rest of Europe
9.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.4.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.4.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.4.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.4.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4. Asia Translation Service Market Snapshot
9.4.1. China 
9.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.4.1.2. Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.1.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.1.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.2. India 
9.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.4.2.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.2.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.2.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.3. Japan
9.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.4.3.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.3.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.3.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.3.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.4. Rest of Asia Pacific
9.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.4.4.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.4.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.4.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.4.4.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5. Latin America Translation Service Market Snapshot
9.5.1. Brazil 
9.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.5.1.2. Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.1.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.1.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.2. Mexico 
9.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.5.2.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.2.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.5.2.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6. Rest of The World 
9.6.1. South America
9.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.6.1.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.1.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.1.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.2. Middle East and Africa
9.6.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.6.2.2.  Operation Type breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.2.3. Service breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.6.2.5. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 10. Competitive Intelligence
10.1. Company Market Share (Subject to Data Availability)
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Language Line Solutions
10.3.1.1. Overview
10.3.1.2. Financial (Subject to Data Availability)
10.3.1.3. Summary
10.3.1.4. Recent Developments
10.3.2. Lionbridge 
10.3.3. TransPerfect
10.3.4. SDL
10.3.5. Globalexicon
10.3.6. Global Language Solutions Inc.
10.3.7. Ingco International
10.3.8. Straker Translations
10.3.9. Mars Translation Services
10.3.10. Gengo
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.1.6. Research Assumption

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