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1423140

言語サービス市場レポート：サービス、コンポーネント、用途、地域別、2024年～2032年

Language Services Market Report by Service, Component, Application, and Region 2024-2032
出版日: | 発行: IMARC | ページ情報: 英文 141 Pages | 納期: 2～3営業日

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言語サービス市場レポート：サービス、コンポーネント、用途、地域別、2024年～2032年
出版日: 2024年01月30日
発行: IMARC
ページ情報: 英文 141 Pages
納期: 2～3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の言語サービス市場規模は2023年に721億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて4.6%の成長率（CAGR）を示し、2032年には1,089億米ドルに達すると予測しています。動画、音声、文章などさまざまな形式のコンテンツに対する需要の高まり、ソーシャルメディアやオンラインコンテンツの普及、留学生や移民の増加が、市場を後押しする主な要因のひとつです。

言語サービスとは、さまざまな領域における効果的なコミュニケーションや言語関連のニーズを促進する、幅広い専門的サービスを指します。これらのサービスは、個人、企業、文化間の言語的ギャップを埋めるために設計されています。主な目的は、書き言葉であれ話し言葉であれ、正確で文化的に適切なコミュニケーションを確保することです。さらに、これらのサービスには、言語コンサルティング、ローカリゼーション、トランスクリエーション、言語トレーニングが含まれます。ローカライゼーションは、コンテンツや製品を特定の地域や文化に合わせて調整し、現地のオーディエンスに効果的に響くようにします。トランスクリエーションは、コンテンツの意図やメッセージを維持しながら、創造的にコンテンツを適合させることです。言語トレーニングは、より良い世界・コミュニケーションのために、個人または企業が新しい言語の習熟を支援します。

ビデオ、音声、文書など、さまざまな形式のコンテンツに対する需要の高まりが、世界市場を牽引しています。さらに、さまざまな国や地域が言語政策を実施しており、企業や組織は特定の言語で情報やサービスを提供する必要があります。このような政策の遵守が、世界中の市場を活性化しています。加えて、各国における留学生や移民の増加により、教育や移民関連の目的で言語トレーニングや翻訳サービスの需要が高まっています。さらに、ソーシャルメディアやオンラインコンテンツの普及により、さまざまな地域の視聴者とエンゲージするためのリアルタイム翻訳サービスのニーズが高まっています。企業が顧客基盤を世界に拡大する中、多言語による顧客サポートの提供が不可欠となっています。言語サービスは、顧客の母国語でシームレスなコミュニケーションと支援を提供するのに役立ちます。インターネットの普及が世界中で進むにつれ、より多くの人々がさまざまな言語でオンラインコンテンツにアクセスするようになっています。言語サービスは、企業がこうした世界なオーディエンスに効果的にリーチするのに役立ちます。

言語サービス市場の動向と促進要因：

グローバリゼーションと国際ビジネスの拡大

企業が新たな市場に進出する際、多様な言語や文化に遭遇するため、効果的なコミュニケーションが最重要課題となります。言語サービスは、言語の壁を越えたシームレスなコミュニケーションを可能にする上で重要な役割を果たしています。特に翻訳サービスは、企業がウェブサイト、マーケティング資料、製品情報、法的文書などをローカライズし、さまざまな地域のターゲットオーディエンスの共感を得ようとする中で、高い需要があります。さらに、通訳サービスは、異なる言語背景を持つ参加者が協力し、お互いを理解できるように、国際会議、カンファレンス、交渉を円滑に進めるために不可欠です。グローバリゼーションが企業の国際進出を後押しし続ける中、市場は拡大し、言語サービス市場に大きな推進力をもたらしています。

言語テクノロジーの絶え間ない技術進歩

人工知能（AI）、自然言語処理（NLP）、機械学習などの最先端技術は、言語サービスの提供方法に革命をもたらし、効率性、正確性、アクセシビリティを向上させています。AI主導のアプローチであるニューラル機械翻訳（NMT）は、自動翻訳の品質を向上させ、ビジネスコミュニケーション、カスタマーサポート、コンテンツローカリゼーションなど、さまざまな目的での利用を可能にしています。NLP機能により、言語サービスプロバイダーは膨大な量のテキストデータを分析し、洞察を抽出し、特定の業界やドメインに合わせて言語ソリューションをカスタマイズすることができます。さらに、クラウドベースのプラットフォームとコラボレーションツールにより、世界中の言語スペシャリスト、クライアント、プロジェクトマネージャー間のシームレスなやり取りが可能になります。AIと言語技術が進歩し続ける中、サービス市場はさらなる成長と革新を促されており、新しいアプリケーションやサービスが次々と登場しています。

eコマースとデジタルコンテンツの普及

消費者がショッピングや情報のためにオンライン・プラットフォームをますます利用するようになり、企業は世界な視聴者に対応するために新たな戦略を適応させています。国際市場で優位に立つために、eコマース企業はローカライズされたコンテンツの重要性を認識しています。翻訳、ローカライゼーション、トランスクリエーションを含む言語サービスは、母国語や母国文化で顧客との接点を持つことを目指すeコマース企業にとって不可欠なツールとなっています。商品説明、ユーザーインターフェース、カスタマーサポート、マーケティングコンテンツを現地語で提供することで、企業は信頼と信用を確立し、顧客エンゲージメントとロイヤルティの向上につなげることができます。eコマースが新たな領域に拡大し続ける中、この分野のサービスに対する需要は、言語サービス市場全体の成長を支える重要な原動力であり続けると思われます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 世界の言語サービス市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：サービス別

  • 翻訳サービス
    • 市場動向
    • 市場予測
  • 通訳サービス
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：コンポーネント別

  • ソフトウェア
    • 市場動向
    • 市場予測
  • ハードウェア
    • 市場動向
    • 市場予測

第8章 市場内訳：用途別

  • IT・通信
    • 市場動向
    • 市場予測
  • 商業
    • 市場動向
    • 市場予測
  • 官公庁
    • 市場動向
    • 市場予測
  • 自動車
    • 市場動向
    • 市場予測
  • ヘルスケア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳：地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • 欧州
    • 英国
      • 市場動向
      • 市場予測
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • スウェーデン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • オランダ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ
    • トルコ
      • 市場動向
      • 市場予測
    • サウジアラビア
      • 市場動向
      • 市場予測
    • イラン
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Global Linguist Solutions, LLC
    • Hogarth Worldwide
    • Keywords Studios plc
    • LanguageLine Solutions（Teleperformance）
    • Lionbridge Technologies, inc.
    • Mission Essential Personnel
    • RWS Holdings plc
    • SDI Media Group Inc.
    • SDL plc
    • TransPerfect Solutions
図表

List of Figures

  • Figure 1: Global: Language Services Market: Key Trends
  • Figure 2: Global: Language Services Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Language Services Market: Breakup by Service (in %), 2023
  • Figure 4: Global: Language Services Market: Breakup by Component (in %), 2023
  • Figure 5: Global: Language Services Market: Breakup by Application (in %), 2023
  • Figure 6: Global: Language Services Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 8: Global: Language Services (Translation) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 9: Global: Language Services (Translation) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 10: Global: Language Services (Interpretation) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 11: Global: Language Services (Interpretation) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 12: Global: Language Services (Other Services) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 13: Global: Language Services (Other Services) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 14: Global: Language Services (Software) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 15: Global: Language Services (Software) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 16: Global: Language Services (Hardware) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 17: Global: Language Services (Hardware) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 18: Global: Language Services (IT and Communications) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 19: Global: Language Services (IT and Communications) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 20: Global: Language Services (Commercial) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 21: Global: Language Services (Commercial) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 22: Global: Language Services (Government) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 23: Global: Language Services (Government) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 24: Global: Language Services (Automotive) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 25: Global: Language Services (Automotive) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 26: Global: Language Services (Healthcare) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 27: Global: Language Services (Healthcare) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 28: Global: Language Services (Other Applications) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 29: Global: Language Services (Other Applications) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 30: North America: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 31: North America: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 32: United States: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 33: United States: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 34: Canada: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 35: Canada: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 36: Europe: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 37: Europe: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 38: United Kingdom: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 39: United Kingdom: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 40: Germany: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 41: Germany: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 42: France: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 43: France: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 44: Sweden: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 45: Sweden: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 46: Russia: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 47: Russia: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 48: Netherlands: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 49: Netherlands: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 50: Others: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 51: Others: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 52: Asia Pacific: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 53: Asia Pacific: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 54: China: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 55: China: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 56: Japan: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 57: Japan: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 58: India: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 59: India: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 60: South Korea: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 61: South Korea: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 62: Australia: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 63: Australia: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 64: Others: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 65: Others: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 66: Middle East and Africa: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 67: Middle East and Africa: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 68: Turkey: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 69: Turkey: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 70: Saudi Arabia: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 71: Saudi Arabia: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 72: Iran: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 73: Iran: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 74: Others: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 75: Others: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 76: Latin America: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 77: Latin America: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 78: Brazil: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 79: Brazil: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 80: Mexico: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 81: Mexico: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 82: Others: Language Services Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 83: Others: Language Services Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 84: Global: Language Services Industry: SWOT Analysis
  • Figure 85: Global: Language Services Industry: Value Chain Analysis
  • Figure 86: Global: Language Services Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Language Services Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Language Services Market Forecast: Breakup by Service (in Billion US$), 2024-2032
  • Table 3: Global: Language Services Market Forecast: Breakup by Component (in Billion US$), 2024-2032
  • Table 4: Global: Language Services Market Forecast: Breakup by Application (in Billion US$), 2024-2032
  • Table 5: Global: Language Services Market Forecast: Breakup by Region (in Billion US$), 2024-2032
  • Table 6: Global: Language Services Market: Competitive Structure
  • Table 7: Global: Language Services Market: Key Players
目次
Product Code: SR112024A2216

Abstract

The global language services market size reached US$ 72.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 108.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. The rising demand for content in various formats, such as video, audio, and written material, the proliferation of social media and online content, and the rise in international students and immigrants are some of the major factors propelling the market.

Language services refer to a broad range of professional offerings that facilitate effective communication and language-related needs across various domains. These services are designed to bridge the linguistic gaps between individuals, businesses, and cultures. The primary goal is to ensure accurate and culturally appropriate communication, be it through written or spoken language. Additionally, these services encompass linguistic consulting, localization, transcreation, and language training. Localization tailors content and products to specific regions or cultures to resonate with local audiences effectively. Transcreation involves creatively adapting content while retaining its intent and message. Language training helps individuals or businesses acquire proficiency in new languages for better global communication.

The rising demand for content in various formats, such as video, audio, and written materials, is driving the global market. Moreover, various countries and regions have implemented language policies that require businesses and organizations to provide information and services in specific languages. Compliance with these policies fuels the market across the globe. Besides, the rise in international students and immigrants in different countries has increased the demand for language training and translation services for educational and immigration-related purposes. Furthermore, the proliferation of social media and online content has resulted in an increased need for real-time translation services to engage with audiences across different regions. With businesses expanding their customer base globally, providing multilingual customer support becomes essential. Language services help in offering seamless communication and assistance to customers in their native languages. As internet penetration continues to grow worldwide, more people are accessing online content in different languages. The services help businesses reach these global audiences effectively.

Language Services Market Trends/Drivers:

Globalization and International Business Expansion

As businesses venture into new markets, they encounter diverse languages and cultures, making effective communication a top priority. Language services play a critical role in enabling seamless communication across linguistic boundaries. Translation services, in particular, are in high demand as companies seek to localize their websites, marketing materials, product information, and legal documents to resonate with target audiences in different regions. Moreover, interpretation services are essential for facilitating international meetings, conferences, and negotiations, ensuring that participants from different language backgrounds can collaborate and understand each other. As globalization continues to drive companies towards international expansion, the market is expanding, providing a significant impetus to the language services market.

Continual Technological Advancements in Language Technology

The cutting-edge technologies, such as artificial intelligence (AI), natural language processing (NLP), and machine learning have revolutionized the way language services are delivered, enhancing efficiency, accuracy, and accessibility. Neural machine translation (NMT), an AI-driven approach, has improved the quality of automated translations, making them more usable for various purposes, such as business communications, customer support, and content localization. NLP capabilities allow language service providers to analyze vast amounts of text data, extract insights, and customize language solutions to specific industries and domains. Additionally, cloud-based platforms and collaborative tools facilitate seamless interactions between linguists, clients, and project managers across the globe. As AI and language technology continue to advance, the services market is impelled for further growth and innovation, with new applications and services constantly emerging.

E-commerce and Digital Content Proliferation

With consumers increasingly turning to online platforms for shopping and information, businesses have adapted new strategies to cater to global audiences. To gain a competitive edge in the international market, e-commerce companies are recognizing the importance of localized content. Language services, including translation, localization, and transcreation, have become indispensable tools for e-commerce businesses aiming to connect with customers in their native languages and cultures. By providing product descriptions, user interfaces, customer support, and marketing content in local languages, companies can establish trust and credibility, leading to increased customer engagement and loyalty. As e-commerce continues to expand into new territories, the demand for services in this sector will remain a significant driving force behind the overall growth of the language services market.

Language Services Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global language services market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on service, component and application.

Breakup by Service:

Translation Services

Interpretation Services

Others

Translation services dominates the market

The report has provided a detailed breakup and analysis of the market based on the service. This includes translation services, interpretation services, and others. According to the report, translation services represented the largest segment.

Translation plays a vital role in bridging communication gaps between individuals, businesses, and organizations operating in diverse linguistic environments. The need for translation services has been driven by the increasing globalization of businesses and the rapid growth of international trade and collaborations. As companies expand their operations into new markets, they encounter the challenge of reaching and engaging with customers who speak different languages. This necessitates the translation of various documents and content, such as product descriptions, marketing materials, legal contracts, and websites, into multiple languages to cater to their target audiences effectively. Moreover, governments, NGOs, and international organizations also heavily rely on translation services to communicate with constituents, stakeholders, and partners across borders. Also, advancements in language technology have significantly propelled the efficiency and accuracy of translation services. Furthermore, the translation services segment is benefiting from the growing need for localization in the global business landscape.

Breakup by Component:

Software

Hardware

Software hold the largest share in the market

A detailed breakup and analysis of the market based on the component has also been provided in the report. This includes software, and hardware. According to the report, software accounted for the largest market share.

With the advent of artificial intelligence and neural machine translation (NMT) algorithms, automated translation has reached unprecedented levels of quality and speed. NMT systems can learn from vast amounts of multilingual data, enabling them to produce more natural and contextually accurate translations. This advancement has made machine translation a go-to solution for businesses and individuals alike, facilitating real-time communication across language barriers. In addition to machine translation, software components include robust language processing tools. Natural language processing (NLP) technology has brought about a revolution in language understanding and analysis. NLP algorithms can perform tasks such as sentiment analysis, text summarization, and language-specific processing, allowing for deeper insights from large volumes of text data. Also, businesses leverage these language processing tools to gain actionable intelligence from customer feedback, social media interactions, and market trends, thereby aiding decision-making and strategy development.

Breakup by Application:

IT and Telecommunications

Commercial

Government

Automotive

Healthcare

Others

IT and telecommunications hold the largest share in the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes IT and telecommunications, commercial, government, automotive, healthcare, and others. According to the report, IT and telecommunications accounted for the largest market share.

As these industries expand their reach across borders, they encounter diverse linguistic challenges that necessitate the need for language services. IT companies develop software, applications, and websites that cater to a global user base, requiring localization and translation services to adapt their products to different languages and cultures. Effective communication is vital in the IT and telecommunications sectors, particularly during multinational collaborations, software development, and customer support interactions. As a result, language services, including interpretation services for virtual meetings and conferences, are indispensable in ensuring seamless communication among stakeholders speaking various languages. Furthermore, the telecommunications industry, with the proliferation of mobile devices and communication platforms, relies heavily on language services to reach diverse audiences worldwide. Telecom companies need to translate user manuals, marketing materials, and customer support content to serve customers in multiple regions effectively.

Breakup by Region:

North America

United States

Canada

Europe

United Kingdom

Germany

France

Sweden

Russia

Netherlands

Others

Asia Pacific

China

Japan

India

South Korea

Australia

Others

Middle East and Africa

Turkey

Saudi Arabia

Iran

Others

Latin America

Brazil

Mexico

Others

Europe exhibits a clear dominance, accounting for the largest language services market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes North America (the United States and Canada), Europe (the United Kingdom, Germany, France, Sweden, Russia, Netherlands, and Others), Asia Pacific (China, Japan, India, South Korea, Australia, and Others), the Middle East and Africa (Turkey, Saudi Arabia, Iran, and others), Latin America (Brazil, Mexico, and Others). According to the report, Europe accounted for the largest market share.

Europe countries have a long history of engaging in trade and establishing international business partnerships, requiring high-quality translation and interpretation services to navigate linguistic barriers. As a result, numerous businesses and organizations heavily rely on language services to support their international expansion and outreach to diverse markets. Additionally, Europe's technological advancements and innovation in language technology have driven the development of cutting-edge language solutions. Many leading language service providers in Europe leverage artificial intelligence, machine learning, and natural language processing to offer efficient and scalable language services. These technology-driven solutions cater to the evolving needs of businesses and individuals seeking quick and accurate language support in the fast-paced global market. Furthermore, the region's strong emphasis on education and multilingualism contributes to the region's prominence in the language services market.

Competitive Landscape:

Language service providers are actively integrating advanced language technologies, such as machine translation, natural language processing, and artificial intelligence, into their services. These technologies helped improve translation efficiency, accuracy, and scalability, offering faster turnaround times and cost-effective solutions for clients. Moreover, companies in the language services market are expanding their localization offerings to cater to the needs of global businesses. Localization involves adapting content to specific cultural and linguistic preferences of target markets, making it essential for companies seeking to engage with diverse audiences worldwide. Additionally, companies are expanding their multilingual customer support services to assist businesses in communicating with their global customer base effectively. This included offering customer service in multiple languages via various channels, including email, chat, and phone. Language service providers were adopting collaborative platforms and cloud-based solutions to enhance communication between linguists, clients, and project managers across different geographical locations.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Global Linguist Solutions LLC

Hogarth Worldwide

Keywords Studios Plc

LanguageLine Solutions (Teleperformance)

Lionbridge Technologies, Inc.

Mission Essential Personnel

RWS Holdings plc

SDI Media

SDL plc

TransPerfect Solutions

Recent Developments:

In February 2023, RWS Holdings plc launched TrainAI. This launch offers clients access to RWS's Smart Source community which collects, annotates, and validates any type of AI data, from text, audio, images, and videos to multilingual and synthetic data. This data helps clients to train their own ML models, ranging from search, and virtual assistants, to facial recognition, voice control and content moderation systems.

In March 2021, Hogarth worldwide partners with GroupM to launch a global addressable content practice.

In July 2020, The Mission essential group launches mission essential intelligence solutions (MEIS).

Key Questions Answered in This Report

  • 1. What was the size of the global language services market in 2023?
  • 2. What is the expected growth rate of the global language services market during 2024-2032?
  • 3. What are the key factors driving the global language services market?
  • 4. What has been the impact of COVID-19 on the global language services market?
  • 5. What is the breakup of the global language services market based on the service?
  • 6. What is the breakup of the global language services market based on the component?
  • 7. What is the breakup of the global language services market based on the application?
  • 8. What are the key regions in the global language services market?
  • 9. Who are the key players/companies in the global language services market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Language Services Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Service

  • 6.1 Translation Services
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Interpretation Services
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Others
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Component

  • 7.1 Software
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Hardware
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 IT and Telecommunications
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Commercial
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Government
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Automotive
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Healthcare
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Europe
    • 9.2.1 United Kingdom
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Germany
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 France
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 Sweden
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Russia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Netherlands
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Asia Pacific
    • 9.3.1 China
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 Japan
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 India
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 South Korea
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Australia
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Others
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
  • 9.4 Middle East and Africa
    • 9.4.1 Turkey
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Saudi Arabia
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Iran
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
    • 9.4.4 Others
      • 9.4.4.1 Market Trends
      • 9.4.4.2 Market Forecast
  • 9.5 Latin America
    • 9.5.1 Brazil
      • 9.5.1.1 Market Trends
      • 9.5.1.2 Market Forecast
    • 9.5.2 Mexico
      • 9.5.2.1 Market Trends
      • 9.5.2.2 Market Forecast
    • 9.5.3 Others
      • 9.5.3.1 Market Trends
      • 9.5.3.2 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Global Linguist Solutions, LLC
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
      • 13.3.1.3 Financials
      • 13.3.1.4 SWOT Analysis
    • 13.3.2 Hogarth Worldwide
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
      • 13.3.2.3 Financials
      • 13.3.2.4 SWOT Analysis
    • 13.3.3 Keywords Studios plc
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
      • 13.3.3.4 SWOT Analysis
    • 13.3.4 LanguageLine Solutions (Teleperformance)
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
      • 13.3.4.3 Financials
      • 13.3.4.4 SWOT Analysis
    • 13.3.5 Lionbridge Technologies, inc.
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
      • 13.3.5.3 Financials
      • 13.3.5.4 SWOT Analysis
    • 13.3.6 Mission Essential Personnel
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
      • 13.3.6.3 Financials
      • 13.3.6.4 SWOT Analysis
    • 13.3.7 RWS Holdings plc
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
      • 13.3.7.3 Financials
      • 13.3.7.4 SWOT Analysis
    • 13.3.8 SDI Media Group Inc.
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
      • 13.3.8.3 Financials
      • 13.3.8.4 SWOT Analysis
    • 13.3.9 SDL plc
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
      • 13.3.9.3 Financials
      • 13.3.9.4 SWOT Analysis
    • 13.3.10 TransPerfect Solutions
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
      • 13.3.10.3 Financials
      • 13.3.10.4 SWOT Analysis