Software Localization Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, France - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 154 SKU: IRTNTR76943

Software Localization Market 2024-2028 

The software localization market size is estimated to grow at a CAGR of 7.51% between 2023 and 2028. The market size is forecast to increase by USD 2.33 billion. The growth of the market depends on several factors, including the digital transformation and software adoption in businesses, the globalization of businesses, and the technology adoption to enhance language translation process efficiency. Software localization is the process of adapting a software application to a specific language, culture, and region. This involves translating user interfaces, documentation, and content to make the software culturally relevant and linguistically appropriate for target audiences.

The report includes a comprehensive outlook on the Software Localization Market, offering forecasts for the industry segmented by End-user, which comprises large enterprises and SMEs. Additionally, it categorizes Component into software and service, and covers Geography regions, including North America, Europe, APAC, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Software Localization Market During the Forecast Period?

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Software Localization Market Overview

Driver

Digital transformation and software adoption in businesses is the key factor driving market growth. As companies across the globe adopt digitalization to improve operational efficiency, customer engagement, and overall competitiveness, the demand for software localization services is set to surge. To effectively reach and entertain diverse audiences globally, businesses need software that is localized to accommodate different languages, cultures, and user preferences. Furthermore, software localization ensures that users can interact with applications, websites, and digital platforms in their native languages, fostering a more personalized and user-friendly experience.

In addition, adapting software to adhere to diverse legal and privacy standards is crucial for businesses expanding globally, driving the need for comprehensive software localization to ensure compliance across regions. In the digital era, businesses strive for a competitive edge. Moreover, as businesses worldwide continue their digital evolution, software localization solutions are poised to play a pivotal role in supporting these endeavors and will fuel the growth of the market in focus during the forecast period.

Trends

Leveraging artificial intelligence (AI) for enhanced translation and localization is the primary trend shaping market growth. AI is playing a transformative role in the industry, offering advancements in machine translation (MT) and natural language processing (NLP) that are enhancing the accuracy, efficiency, and cost-effectiveness of software localization. AI-powered tools automate repetitive tasks, such as content analysis, translation, and terminology management, freeing up human linguists to focus on higher-value tasks that require cultural expertise and contextual understanding. In addition, AI-powered MT systems can now better understand the meaning and intent of the original text, resulting in more accurate and natural-sounding translations.

Additionally, AI is being used to develop tools that can identify and resolve cultural sensitivities, ensuring that localized software is appropriate for the target audience. AI is enabling continuous localization, aligning localization efforts with agile software development methodologies for faster and more consistent localization. The benefits of AI for enhanced translation and localization are significant and are anticipated to drive market growth during the forecast period.

Restrain

Linguistic and cultural complexity associated with software localization is a challenge that affects market growth. The world's linguistic diversity is immense, with over 7,000 languages spoken worldwide. Accurately translating software content across these languages requires deep linguistic expertise and a thorough understanding of the nuances and subtleties of each language. This is particularly challenging for software that contains technical jargon, industry-specific terminology, or cultural references that may not translate directly into other languages. Cultural complexity further complicates the software localization process. 

Moreover, failure to effectively adapt software to local languages and cultures can limit market penetration and hinder user adoption. Users may be hesitant to adopt software that is not culturally appropriate or lacks linguistic accuracy. Besides, outsourcing localization can add to costs and increase reliance on external market players. Therefore, such factors may impede the growth of the market during the forecast period.

Software Localization Market Segmentation By End-user 

The market share growth by the large enterprises segment will be significant during the forecast period. The large enterprises segment is a vital and substantial component, driven by the need for expansive software products tailored to diverse linguistic and cultural contexts. Large enterprises, often operating globally, leverage software localization to ensure that their products and services resonate with international audiences, comply with local regulations and provide a seamless user experience.

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The large enterprises segment showed a gradual increase in the market share of USD 3.08 billion in 2018. Large enterprises must navigate diverse regulatory landscapes. Software localization assists in adapting software to comply with local laws and regulations, addressing issues such as data protection, privacy, and other legal considerations. Besides, the increasing globalization of businesses, the growing need for seamless user experiences, compliance with local regulations, and maintaining consistent branding across international markets will drive the demand for sophisticated software localization services among large enterprises, which will fuel the growth of the market during the forecast period.

Software Localization Market Segmentation By Component

The software segment in the global software localization market pertains to the manifold range of software products and applications that necessitate localization services to adjust to different linguistic and cultural contexts. Diverse application software, including mobile apps, desktop applications, and web-based solutions, requires localization to ensure that user interfaces, content, and functionalities align with the language and cultural expectations of specific markets. Furthermore, the increasing globalization of businesses, the rising demand for diverse software applications, and the necessity for seamless user experiences across diverse linguistic and cultural contexts are anticipated to fuel the growth of the market through the software segment during the forecast period.

Regional Overview

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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. North America is a hub for technological innovation, with numerous software companies developing cutting-edge applications and solutions. Microsoft, headquartered in the US, emphasizes software localization for its diverse product range, including Windows operating systems and Office productivity suites. As these companies reach global audiences, the demand for localization services grows to provide a localized user experience aligned with international market expectations.

Furthermore, the widespread adoption of smartphones and the growing popularity of mobile apps have created a significant demand for localized mobile apps. Businesses are localizing their mobile apps to reach a wider audience, improve user engagement, and increase app downloads. Therefore, such factors will fuel the growth of the software localization market in North America during the forecast period.

Software Localization Market Customer Landscape

The Software Localization 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 Software Localization Market Customer Landscape

Who are the Major Software Localization 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.

  • Alconost Inc.: The company offers software localization solutions such as computer software and SaaS localization, mobile software localization, and localization of technical documentation.
  • Alphabet Inc.: The company offers software localization solutions such as translation AI, which uses machine translation to detect more than one hundred languages, from Afrikaans to Zulu. Build custom models in more than fifty language pairs using no code autoML technology.
  • Babylon Software Ltd.: The company offers software localization solutions such as Babylon Translator, a translation software that helps to translate any word that appears on the screen, while also receiving dictionary and Wikipedia results.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • ARGOS TRANSLATIONS Sp. z o.o.
  • Code Icons
  • Code Whale Inc.
  • GTranslate Inc.
  • International Business Machines Corp.
  • Lingobit Technologies
  • Lionbridge Technologies LLC
  • memoQ
  • Microsoft Corp.
  • RWS Holdings PLC
  • Salesforce Inc.
  • SAP SE
  • Smartcat Platform Inc. 
  • SYSTRAN SA
  • Transifex 
  • MateCat
  • Memsource AS

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 software localization market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028

  • End-user Outlook
    • Large enterprises
    • SMEs
  • Component Outlook
    • Software
    • Service
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Software Localization Market Scope

Report Coverage

Details

Page number

154

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.51%

Market Growth 2024-2028

USD 2.33 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.15

Regional analysis

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

Performing market contribution

North America at 31%

Key countries

US, Canada, China, Germany, and France

Competitive landscape

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

Key companies profiled

Adobe Inc., Alchemy Software Development Ltd., Alconost Inc., Alphabet Inc., ARGOS TRANSLATIONS Sp. z o.o., Babylon Software Ltd., Code Icons, Code Whale Inc., GTranslate Inc., International Business Machines Corp., Lingobit Technologies, Lionbridge Technologies LLC, memoQ, Microsoft Corp., RWS Holdings PLC, Salesforce Inc., SAP SE, Smartcat Platform Inc. , SYSTRAN SA, Transifex , MateCat, Memsource AS, and Smartling Inc.

Market dynamics

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

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

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the 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 End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
    • 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 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global software localization market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global software localization market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Component Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Component Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Large enterprises - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Large enterprises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
    • 6.4 SMEs - Market size and forecast 2023-2028
      • Exhibit 38: Chart on SMEs - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on SMEs - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on SMEs - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on SMEs - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ billion)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Component

    • 7.1 Market segments
      • Exhibit 44: Chart on Component - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Component - Market share 2023-2028 (%)
    • 7.2 Comparison by Component
      • Exhibit 46: Chart on Comparison by Component
      • Exhibit 47: Data Table on Comparison by Component
    • 7.3 Software - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Software - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Software - Year-over-year growth 2023-2028 (%)
    • 7.4 Service - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Service - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Service - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Service - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Service - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Component
      • Exhibit 56: Market opportunity by Component ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Component ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 France - Market size and forecast 2023-2028
      • Exhibit 95: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Alconost Inc.
              • Exhibit 111: Alconost Inc. - Overview
              • Exhibit 112: Alconost Inc. - Product / Service
              • Exhibit 113: Alconost Inc. - Key offerings
            • 12.4 Alphabet Inc.
              • Exhibit 114: Alphabet Inc. - Overview
              • Exhibit 115: Alphabet Inc. - Business segments
              • Exhibit 116: Alphabet Inc. - Key news
              • Exhibit 117: Alphabet Inc. - Key offerings
              • Exhibit 118: Alphabet Inc. - Segment focus
            • 12.5 ARGOS TRANSLATIONS Sp. z o.o.
              • Exhibit 119: ARGOS TRANSLATIONS Sp. z o.o. - Overview
              • Exhibit 120: ARGOS TRANSLATIONS Sp. z o.o. - Product / Service
              • Exhibit 121: ARGOS TRANSLATIONS Sp. z o.o. - Key offerings
            • 12.6 Babylon Software Ltd.
              • Exhibit 122: Babylon Software Ltd. - Overview
              • Exhibit 123: Babylon Software Ltd. - Product / Service
              • Exhibit 124: Babylon Software Ltd. - Key offerings
            • 12.7 International Business Machines Corp.
              • Exhibit 125: International Business Machines Corp. - Overview
              • Exhibit 126: International Business Machines Corp. - Business segments
              • Exhibit 127: International Business Machines Corp. - Key news
              • Exhibit 128: International Business Machines Corp. - Key offerings
              • Exhibit 129: International Business Machines Corp. - Segment focus
            • 12.8 Lionbridge Technologies LLC
              • Exhibit 130: Lionbridge Technologies LLC - Overview
              • Exhibit 131: Lionbridge Technologies LLC - Product / Service
              • Exhibit 132: Lionbridge Technologies LLC - Key offerings
            • 12.9 MateCat
              • Exhibit 133: MateCat - Overview
              • Exhibit 134: MateCat - Product / Service
              • Exhibit 135: MateCat - Key offerings
            • 12.10 memoQ
              • Exhibit 136: memoQ - Overview
              • Exhibit 137: memoQ - Product / Service
              • Exhibit 138: memoQ - Key offerings
            • 12.11 Memsource AS
              • Exhibit 139: Memsource AS - Overview
              • Exhibit 140: Memsource AS - Product / Service
              • Exhibit 141: Memsource AS - Key offerings
            • 12.12 Microsoft Corp.
              • Exhibit 142: Microsoft Corp. - Overview
              • Exhibit 143: Microsoft Corp. - Business segments
              • Exhibit 144: Microsoft Corp. - Key news
              • Exhibit 145: Microsoft Corp. - Key offerings
              • Exhibit 146: Microsoft Corp. - Segment focus
            • 12.13 RWS Holdings PLC
              • Exhibit 147: RWS Holdings PLC - Overview
              • Exhibit 148: RWS Holdings PLC - Business segments
              • Exhibit 149: RWS Holdings PLC - Key offerings
              • Exhibit 150: RWS Holdings PLC - Segment focus
            • 12.14 Smartcat Platform Inc.
              • Exhibit 151: Smartcat Platform Inc.  - Overview
              • Exhibit 152: Smartcat Platform Inc.  - Product / Service
              • Exhibit 153: Smartcat Platform Inc.  - Key offerings
            • 12.15 Smartling Inc.
              • Exhibit 154: Smartling Inc. - Overview
              • Exhibit 155: Smartling Inc. - Product / Service
              • Exhibit 156: Smartling Inc. - Key offerings
            • 12.16 SYSTRAN SA
              • Exhibit 157: SYSTRAN SA - Overview
              • Exhibit 158: SYSTRAN SA - Product / Service
              • Exhibit 159: SYSTRAN SA - Key offerings
            • 12.17 Transifex
              • Exhibit 160: Transifex  - Overview
              • Exhibit 161: Transifex  - Product / Service
              • Exhibit 162: Transifex  - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: 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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              software localization market market

              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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              • Detailed vendors report with competitive landscape
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              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis