Language Services Market Analysis Europe,North America,APAC,South America,Middle East and Africa - US,China,India,UK,Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 172 SKU: IRTNTR40429

Language Services Market Forecast 2023-2027

The language services market size is estimated to grow by USD 21.50 billion at a CAGR of 6.75% between 2022 and 2027. Market growth hinges on various factors, such as the adoption of technology to improve the efficiency of language translation processes. Additionally, increased government spending on language services contributes to market expansion. The government's recognition of the importance of effective language services drives investment in translation technologies and services. Furthermore, the growing demand for language services in various sectors, including healthcare, legal, and business, fuels market growth. These factors collectively drive the adoption of innovative language translation solutions and services, creating opportunities for market players to meet the evolving needs of global communication.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by service (translation, interpretation, and others), end-user (healthcare, ICT, BFSI, government, and others), and geography (Europe, North America, APAC, South America, and the Middle East and Africa).

By Service

The market share growth by the translation segment will be significant during the forecast period. The demand for translation services is increasing due to several factors, like the COVID-19 pandemic, which led to an increase in remote work and virtual events, which made it necessary for businesses to communicate in different languages. Furthermore, the healthcare industry needs accurate translation of medical records and reports to ensure effective treatment for COVID-19 patients from diverse linguistic backgrounds. However, end-users use translation services in various ways.

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The translation segment was valued at USD 22.47 billion in 2017. The translation segment shows a gradual increase in the market share by providing the capacity to convey to a global audience with the help of an expert linguist. Translation segments are present in various forms, such as interpretation, video interpreting, and remote interpreting in 2017. They provide the capacity to convey to a global audience with the help of an expert linguist. Translation segments are present in various forms, such as interpretation, video interpreting, and remote interpreting.

By Region

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North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The market in Europe is expected to record a rapid growth rate during the forecast period. Western Europe and the Nordic regions are some of the major contributors to market growth. In Western Europe, countries such as the UK and Germany are the major revenue-generating countries. Europe has a vast language diversity, which increases the demand for English translation services. Increasing government investments in the market and a significant increase in the number of local companies operating in the market are fueling the growth of the market in Western Europe.

Market Dynamics and Customer Landscape

The market plays a crucial role in bridging linguistic gaps across cultures and industries. It encompasses a wide range of services such as transliteration and interpretation for international students, immigrants, and businesses. With the rise of social media and online content, there's a growing demand for localization services to adapt content for different regions and languages. Professionals in this market offer linguistic consulting to improve communication and engagement, particularly in areas like product descriptions, user interfaces, and customer engagement strategies. As businesses expand globally, the need for cloud-based solutions and content marketing in multiple languages is on the rise. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increased adoption of content reuse platforms is notably driving market growth. One of the major factors catering to the growth of the market is the increased adoption of content reuse platforms such as Adobe InDesign, Microsoft Publisher, and PDFelement in the market for language translations and localization.  In addition to the cost and effort involved in publishing and localization of content, content reuse platforms significantly shorten the time it takes to write and review content. Content management systems play a crucial role in ensuring content consistency throughout an organization, which, in turn, increases the need for translation, interpretation, and localization of information to meet organizational requirements and drive market growth. Machine learning can enhance these systems, improving their effectiveness in managing and translating content. Additionally, interpretation services and collaborative platforms play key roles in facilitating communication and content localization efforts across different languages and cultures.

As organizations expand their market penetration through organic and inorganic growth strategies, the applicability of content reuse increases owing to long-term cost benefits. These platforms have an important role, especially for operators in industries with high levels of regulatory control like medical devices, defense systems, and pharmaceuticals. Hence, the increase in the adoption of content reuse platforms will drive the growth of the global language services market during the forecast period.

Significant Market Trends

The increased emphasis on transcreation is a primary trend in the market. Owing to the significant rise in the internationalization of businesses, corporate organizations are increasingly using the concept of transcreation tools to interact with and attract the target audience to their products. In contrast to direct translation, transcreation involves the adaptation of the content and the creation of custom images. It facilitates the connection between advertisers and their target market. It's using the translation process as well as copywriting. In the context of the global social media campaign, it plays an important role and increases the impact of the language.

Due to the growing popularity of transcreation, various companies have started offering transcreation services in the market. Many companies, such as Ampere Nordic Translations and Zeitgeist, provide transcreation services to their clients. These end-to-end solutions range from cross-border campaign planning to the delivery of multilingual marketing material.  The transcreation of marketing content is still at an early stage in emerging regions, although the transcreation process is already widely adopted in North America and Europe, where many companies, especially in the food and beverage sector, are increasingly using it to connect with users around the world and to globalize their products. The layout, visuals, and content are different for each country. The increasing adoption of transcreation services by major industries such as food and beverage will boost the growth of the global language services market during the forecast period.

Major Market Challenge

The data privacy and security risks in online translation services are a major challenge in the market.  One of the major factors that hinder the growth of the market is the various data privacy and security risks associated with translation services, especially cloud-based services. The task of managing cloud security is a difficult one for businesses in protecting Internet data, particularly with public cloud systems. As Public Clouds are multitenant, which can harm various applications running in the Cloud environment, there is a significant impact on their infrastructure through source code mismatches. Cybercriminals can easily gain access to cloud-based data storage systems as cloud-based infrastructure is based on open architecture and shared resources. While many players are investing in machine translation tools to provide services to clients, not all companies are taking measures to implement security controls to protect sensitive information.

However, other factors increasing the data security risks in his market are the changing workforce and employment models. Many players have increased the proportion of freelancers in the workforce, and they have also begun to shift the work from offices to remote work-from-home models, where employees may not have access to secure networks and may use personal devices that are not as secure as company-owned devices. This leads to a greater risk of data breaches and cyber-attacks. Consequently, the growth of the market is projected to be hindered in the course of the forecast period by a rise in privacy and security risk concerns associated with internet services.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Language Services Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Acolad Group - The company offers language services such as global localization services through translation, interpreting, transcription, website localization, and outsourcing solutions. 

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • APPEN Ltd.
  • Centific Global Solutions Inc.
  • Honyaku Center Inc.
  • IMAGICA GROUP Inc.
  • Iyuno
  • Keywords Studios Plc
  • Lionbridge Technologies LLC
  • President Translation Service Group International
  • Questel
  • RWS Holdings PLC
  • STAR AG
  • Teleperformance SE
  • Thebigword Group Ltd.
  • TransPerfect Global Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The language services market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Service Outlook
    • Translation
    • Interpretation
    • Others
  • End - User Outlook
    • Healthcare
    • ICT
    • BFSI
    • Government
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chili
      • Argentina
      • Brazil

Market Analyst Overview

The market is witnessing a transformation with the integration of Artificial Intelligence (AI) and machine learning into interpretation services and language training. As businesses expand globally, there's a growing need for written language and spoken language services to reach diverse audiences. E commerce companies are leveraging AI-driven approaches for PPC advertising and social media marketing on various platforms. Cultural consulting and webinars are also part of the market, providing insights into language policies and audience preferences. With the rise of collaborative platforms and increased internet usage, the demand for mobile translators and language instruction is expected to rise.

Moreover, the market is experiencing a surge in demand driven by IT and telecommunications sectors, E-commerce companies, and the automotive industry. These industries require a range of services, including professional offerings for translating audio and written materials. The market is increasingly adopting an AI driven approach to meet the needs of businesses expanding into new markets. With the proliferation of social networking sites, there is a growing need for language services to facilitate global communication and engagement. This trend is expected to continue as companies seek to reach wider audiences and improve their online presence.

Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.75%

Market growth 2023-2027

USD 21.50 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

6.25

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, China, India, UK, and Germany

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Acolad Group, APPEN Ltd., Centific Global Solutions Inc., Honyaku Center Inc., IMAGICA GROUP Inc., Iyuno, Keywords Studios Plc, Lionbridge Technologies LLC, President Translation Service Group International, Questel, RWS Holdings PLC, STAR AG, Teleperformance SE, thebigword Group Ltd., TransPerfect Global Inc., United Language Group, Voice and Script International Ltd., Welocalize Inc., Cyracom International Inc., and Dubbing Brothers SAS

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global language services market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global language services market 2017 - 2021 ($ million)
    • 4.2 Service Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Service Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Service

    • 6.1 Market segments
      • Exhibit 30: Chart on Service - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Service - Market share 2022-2027 (%)
    • 6.2 Comparison by Service
      • Exhibit 32: Chart on Comparison by Service
      • Exhibit 33: Data Table on Comparison by Service
    • 6.3 Translation - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Translation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Translation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Translation - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Translation - Year-over-year growth 2022-2027 (%)
    • 6.4 Interpretation - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Interpretation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Interpretation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Interpretation - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Interpretation - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Service
      • Exhibit 46: Market opportunity by Service ($ million)
      • Exhibit 47: Data Table on Market opportunity by Service ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Healthcare - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 7.4 ICT - Market size and forecast 2022-2027
      • Exhibit 56: Chart on ICT - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on ICT - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on ICT - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on ICT - Year-over-year growth 2022-2027 (%)
    • 7.5 BFSI - Market size and forecast 2022-2027
      • Exhibit 60: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on BFSI - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
    • 7.6 Government - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Government - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Government - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Government - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Government - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 72: Market opportunity by End-user ($ million)
      • Exhibit 73: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 115: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Acolad Group
              • Exhibit 127: Acolad Group - Overview
              • Exhibit 128: Acolad Group - Product / Service
              • Exhibit 129: Acolad Group - Key offerings
            • 12.4 APPEN Ltd.
              • Exhibit 130: APPEN Ltd. - Overview
              • Exhibit 131: APPEN Ltd. - Business segments
              • Exhibit 132: APPEN Ltd. - Key offerings
              • Exhibit 133: APPEN Ltd. - Segment focus
            • 12.5 Centific Global Solutions Inc.
              • Exhibit 134: Centific Global Solutions Inc. - Overview
              • Exhibit 135: Centific Global Solutions Inc. - Product / Service
              • Exhibit 136: Centific Global Solutions Inc. - Key offerings
            • 12.6 Cyracom International Inc.
              • Exhibit 137: Cyracom International Inc. - Overview
              • Exhibit 138: Cyracom International Inc. - Product / Service
              • Exhibit 139: Cyracom International Inc. - Key offerings
            • 12.7 Dubbing Brothers SAS
              • Exhibit 140: Dubbing Brothers SAS - Overview
              • Exhibit 141: Dubbing Brothers SAS - Product / Service
              • Exhibit 142: Dubbing Brothers SAS - Key offerings
            • 12.8 Honyaku Center Inc.
              • Exhibit 143: Honyaku Center Inc. - Overview
              • Exhibit 144: Honyaku Center Inc. - Business segments
              • Exhibit 145: Honyaku Center Inc. - Key offerings
              • Exhibit 146: Honyaku Center Inc. - Segment focus
            • 12.9 Iyuno
              • Exhibit 147: Iyuno - Overview
              • Exhibit 148: Iyuno - Product / Service
              • Exhibit 149: Iyuno - Key offerings
            • 12.10 Keywords Studios Plc
              • Exhibit 150: Keywords Studios Plc - Overview
              • Exhibit 151: Keywords Studios Plc - Business segments
              • Exhibit 152: Keywords Studios Plc - Key news
              • Exhibit 153: Keywords Studios Plc - Key offerings
              • Exhibit 154: Keywords Studios Plc - Segment focus
            • 12.11 Lionbridge Technologies LLC
              • Exhibit 155: Lionbridge Technologies LLC - Overview
              • Exhibit 156: Lionbridge Technologies LLC - Product / Service
              • Exhibit 157: Lionbridge Technologies LLC - Key offerings
            • 12.12 Questel
              • Exhibit 158: Questel - Overview
              • Exhibit 159: Questel - Product / Service
              • Exhibit 160: Questel - Key offerings
            • 12.13 RWS Holdings PLC
              • Exhibit 161: RWS Holdings PLC - Overview
              • Exhibit 162: RWS Holdings PLC - Business segments
              • Exhibit 163: RWS Holdings PLC - Key offerings
              • Exhibit 164: RWS Holdings PLC - Segment focus
            • 12.14 STAR AG
              • Exhibit 165: STAR AG - Overview
              • Exhibit 166: STAR AG - Product / Service
              • Exhibit 167: STAR AG - Key offerings
            • 12.15 Teleperformance SE
              • Exhibit 168: Teleperformance SE - Overview
              • Exhibit 169: Teleperformance SE - Product / Service
              • Exhibit 170: Teleperformance SE - Key offerings
            • 12.16 TransPerfect Global Inc.
              • Exhibit 171: TransPerfect Global Inc. - Overview
              • Exhibit 172: TransPerfect Global Inc. - Product / Service
              • Exhibit 173: TransPerfect Global Inc. - Key news
              • Exhibit 174: TransPerfect Global Inc. - Key offerings
            • 12.17 Welocalize Inc.
              • Exhibit 175: Welocalize Inc. - Overview
              • Exhibit 176: Welocalize Inc. - Product / Service
              • Exhibit 177: Welocalize Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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