Machine Translation Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 1233.9

overview_2
2024 Year-over-Year Growth

14.6%

overview_3
CAGR (2024-2028)

15.89%

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Report Coverage

Global

Machine Translation Market Segmentation

Market Segmentation & Scope
Application
Defense IT Automotive Healthcare
Deployment
On-premises Cloud

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

29%

of the growth will originate

from North America

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Application into Defense, IT, Automotive, Healthcare

The Defense is expected to be largest growing segment during 2024-2028

Largest Segment - Defense

US$ 1,802.47 Mn

Machine Translation Market by Application into Defense; 2018-2028 (US$ Mn)

Defense Market Revenue and Forecast 2018-2028 (US$ Mn)

Defense

  • Defense Market Size and Forecast 2018 to 2028 (US$ Mn)

Machine Translation Market by Application into IT; 2018-2028 (US$ Mn)

IT Market Revenue and Forecast 2018-2028 (US$ Mn)

IT

  • IT Market Size and Forecast 2018 to 2028 (US$ Mn)

Machine Translation Market by Application into Automotive; 2018-2028 (US$ Mn)

Automotive Market Revenue and Forecast 2018-2028 (US$ Mn)

Automotive

  • Automotive Market Size and Forecast 2018 to 2028 (US$ Mn)

Machine Translation Market by Application into Healthcare; 2018-2028 (US$ Mn)

Healthcare Market Revenue and Forecast 2018-2028 (US$ Mn)

Healthcare

  • Healthcare Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Deployment into On-premises, Cloud

The On-premises is expected to be largest growing segment during 2024-2028

Largest Segment - On-premises

US$ 2,296.82 Mn

Machine Translation Market Size by Segmentation, by Deployment (US$ Mn)

Deployment 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
On-premises 364.21 XX XX XX XX XX XX XX XX XX XX XX
Cloud XX 297.33 XX XX XX XX XX XX XX XX XX XX

Machine Translation Market by Deployment into On-premises; 2018-2028 (US$ Mn)

On-premises Market Revenue and Forecast 2018-2028 (US$ Mn)

On-premises

  • On-premises Market Size and Forecast 2018 to 2028 (US$ Mn)

Machine Translation Market by Deployment into Cloud; 2018-2028 (US$ Mn)

Cloud Market Revenue and Forecast 2018-2028 (US$ Mn)

Cloud

  • Cloud Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into North America, Europe, APAC, South America, MEA

The North America is estimated to contribute 29% to the growth of global market during the forecast period 2024-2028.

Largest Segment - North America

29%

Regional share of different regions, including North America, Europe, APAC, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
North America 207.89 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 197.19 XX XX XX XX XX XX XX XX XX XX
APAC XX XX 193.44 XX XX XX XX XX XX XX XX XX
South America XX XX XX 80.09 90.60 XX XX XX XX XX XX XX
MEA XX XX XX XX XX XX XX XX XX XX XX XX

Machine Translation Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Country into Canada; 2018-2028 (US$ Mn)

Canada Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Country into Germany; 2018-2028 (US$ Mn)

Germany Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Country into UK; 2018-2028 (US$ Mn)

UK Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Country into China; 2018-2028 (US$ Mn)

China Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Machine Translation Market Size by Geography into MEA; 2018-2028 (US$ Mn)

MEA Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Alphabet Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ARGOS TRANSLATIONS Sp. z o.o.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Babylon Software Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cloudwords Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CSOFT International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Global Lingo Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Honyaku Center Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
International Business Machines Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Lingotek Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Lingua CustodiaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Lionbridge Technologies LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Microsoft Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Omniscien TechnologiesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
PromtView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SYSTRAN SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Teleperformance SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
thebigword Group Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
TransPerfect Global Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Welocalize Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
RWS Holdings PLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Machine Translation Market Scope

  1. By Application
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Application, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Application, 2024 to 2028
      1. Defense
      2. IT
      3. Automotive
      4. Healthcare
    4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Application, 2024 to 2028
  2. By Deployment
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Deployment, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Deployment, 2024 to 2028
      1. On-premises
      2. Cloud
    4. Y-o-Y Growth Trend Analysis By Deployment, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Deployment, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. North America
      2. Europe
      3. APAC
      4. South America
      5. Middle East and Africa
  4. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Canada
      2. US
    4. By Application
    5. By Deployment
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
      2. UK
    4. By Application
    5. By Deployment
  6. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
    4. By Application
    5. By Deployment
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Application
    4. By Deployment
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Application
    4. By Deployment

Major Companies

Market companies

Name Profile Employees Headquarters Website
Alphabet Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ARGOS TRANSLATIONS Sp. z o.o.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Babylon Software Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cloudwords Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CSOFT International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Global Lingo Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Honyaku Center Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
International Business Machines Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Lingotek Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Lingua CustodiaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Lionbridge Technologies LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Microsoft Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Omniscien TechnologiesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
PromtView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SYSTRAN SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Teleperformance SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
thebigword Group Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
TransPerfect Global Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Welocalize Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
RWS Holdings PLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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