Language Translation Software Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast – 2026

Research Reports

Feb 02, 2021

Introduction

Language Translation Software Market

Language translation software interprets the source text in a specific language. It includes a wide range of language services such as translation, localization, interpretation, transcription, and others. Increasing urbanization has resulted in an increased need to provide content that is relevant to the local market. LanguageLine Solutions, Global Linguist Solutions, LLC, and Babylon Corporation are some of the key players in the language translation software market.

The growing need for businesses to communicate with customers, employees, and officials in the target market increases the demand for translation software in order to overcome language barriers. The presence of free language translators is expected to restrict the market growth. However, increasing proliferation of the Internet in non-English speaking countries such as South America, Spain, Russia, and Brazil provides ample growth opportunities owing to the need for localized websites.

This report focuses on the global Language Translation Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Language Translation Software development in United States, Europe and China.

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Key Players of Global Language Translation Software Market =>

  • Bigword Group Ltd
  • Lionbridge
  • LanguageLine Solutions
  • Global Linguist Solutions
  • Babylon Corporation
  • Google Inc
  • IBM Corporation
  • Microsoft Inc. Systran
  • Cloudwords Inc

Market segment by Type, the product can be split into

Rule-Based Machine Translation

Statistical-Based Machine Translation

Hybrid Machine Translation

Others

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Market segment by Application, split into

Banking Financial Services and Insurance

Healthcare

Manufacturing

Government

IT & Telecom

Education

Others

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Language Translation Software status, future forecast, growth opportunity, key market and key players.

To present the Language Translation Software development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

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Major Key Points of Global Language Translation Software Market

1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered

1.4 Market Analysis by Type

1.4.1 Global Language Translation Software Market Size Growth Rate by Type (2014-2025)

1.4.2 Rule-Based Machine Translation

1.4.3 Statistical-Based Machine Translation

1.4.4 Hybrid Machine Translation

1.4.5 Others

1.5 Market by Application

1.5.1 Global Language Translation Software Market Share by Application (2014-2025)

1.5.2 Banking Financial Services and Insurance

1.5.3 Healthcare

1.5.4 Manufacturing

1.5.5 Government

1.5.6 IT & Telecom

1.5.7 Education

1.5.8 Others

1.6 Study Objectives

1.7 Years Considered

2 Global Growth Trends

2.1 Language Translation Software Market Size

2.2 Language Translation Software Growth Trends by Regions

2.2.1 Language Translation Software Market Size by Regions (2014-2025)

2.2.2 Language Translation Software Market Share by Regions (2014-2019)

2.3 Industry Trends

2.3.1 Market Top Trends

2.3.2 Market Drivers

2.3.3 Market Opportunities

……………

13 Market Forecast 2019-2025

13.1 Market Size Forecast by Regions

13.2 United States

13.3 Europe

13.4 China

13.5 Japan

13.6 Southeast Asia

13.7 India

13.8 Central & South America

13.9 Market Size Forecast by Product (2019-2025)

13.10 Market Size Forecast by Application (2019-2025)

14 Analyst’s Viewpoints/Conclusions

15 Appendix

15.1 Research Methodology

15.1.1 Methodology/Research Approach

15.1.1.1 Research Programs/Design

15.1.1.2 Market Size Estimation

12.1.1.3 Market Breakdown and Data Triangulation

15.1.2 Data Source

15.1.2.1 Secondary Sources

15.1.2.2 Primary Sources

15.2 Disclaimer

15.3 Author Details

Also Read 

https://icrowdnewswire.com/2020/03/12/automotive-v2x-communication-market-2020-global-key-players-trends-share-industry-size-segmentation-opportunities-forecast-to-2026/

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