Global Language Translation Software and Services Market

NEW YORK, April 1, 2015 /PRNewswire/ -- This report analyzes the worldwide markets for Language Translation Software and Services in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 110 companies including many key and niche players such as -

AppTek
Babylon Ltd.
euroscript International S.A.
Google Inc.
Global Linguist Solutions LLC



Read the full report: http://www.reportlinker.com/p0960428-summary/view-report.html




I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3


II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1
Translation Services Market Surges Ahead II-1
Current and Future Analysis II-2
Translation Industry Defies Recession II-2
US - The Largest Market II-3
Developing Economies to Drive Growth II-3
Improving Global GDP Signals Prospects for Business Expansion II-4
Table 1: World Real GDP Growth Rates in % for the Years 2012
to 2015: Breakdown by Country (includes corresponding
Graph/Chart) II-5
Language Translation Software Market: An Insight II-6
Table 2: Global Market for Language Software Technology by
Segment (2012 & 2014E): Percentage Share Breakdown of Value
Sales for Intelligent Content, Speech, and Translation
(includes corresponding Graph/Chart) II-6
Computer-based Translation Systems: An Overview II-7
Competitive Landscape in the Machine Translation Market II-8
Online Translation Market Players Increase in Number II-8

2. MARKET DYNAMICS II-9
Globalization Drives Demand II-9
The Rise of Internet-based Business Operations Lends Traction
to Market II-9
Table 3: Global Proliferation Rate (%) of Internet by Region -
2012 (includes corresponding Graph/Chart) II-10

Table 4: Internet Usage by Language (2013): Percentage
Breakdown of Number of Users for Arabic, Chinese, English,
French, German, Japanese, Portuguese, Russian, Spanish and
Others (includes corresponding Graph/Chart) II-10

Table 5: Web Content by Language: Percentage Breakdown of
Content for Chinese, Dutch, English, French, German, Italian,
Japanese, Polish, Portuguese, Russian, Spanish, Turkish, and
Others (includes corresponding Graph/Chart) II-11
Growing Emphasis on Web Localization II-11
Technological Advances to Fuel Growth in Language Technology II-11
Technology for Translating Difficult Languages II-12
Crowdsourcing Grows Stronger II-12
Social Media Marketing to Lend Traction II-13
Mobile Technology Promotes Machine Translation II-13
Growing Smartphone Sales - A Business Case II-14
Table 6: Top Ten Countries by Number of Mobile Users (2012)
(includes corresponding Graph/Chart) II-15

Table 7: World Smart-phones Market (2011, 2013 & 2017P):
Breakdown of Sales in Thousand Units by Geographic
Region/Country (includes corresponding Graph/Chart) II-16

Table 8: Top Mobile App Languages by Popularity: Percentage
Share Breakdown of Most Used Language (includes
corresponding Graph/Chart) II-17
Hybrid Machine Translation Blends Statistics and Rules II-17
Real Time Translation: Yet to Become a Reality II-17
Cloud - Based Services on the Rise II-18
Human Translators - Still in Demand II-18
Telepresence Propels Growth in Language Translation Market II-19
Burgeoning Demand for Financial Translations Services II-19
Localization in Medical Sector II-19
Industry Faces Copyright Issues II-20
Price - A Major Concern for Mid-Size Language Service Providers II-20

3. AN INSIGHT INTO LANGUAGE TRANSLATION INDUSTRY II-21
Translation Service: An Introduction II-21
Evolution of Language Translation Industry II-21
Automated Translations - A Historic Preview II-22
Industry Structure II-22
Language Service Providers II-22
Sought After Attributes in Translators II-23
Translation Companies II-23
Universities or Language Schools II-23
Freelance Translators II-23
Free Online Translation Services II-23
An Overview of Language Industry Services II-24
Interpretation II-24
Machine Translation II-24
Machine Translation Software II-25
Applications II-25
Computer-Assisted Translation II-25
Language Translation Software II-25
Online Translations II-26
Translation Memory II-26
Translation Memory Software II-27
Applications II-27
Technical Translation II-27
Mobile Translation II-27
Standards and Regulations II-27

4. PRODUCT/SERVICE LAUNCHES II-29
Translate Your World Unveils SIMS II-29
Waygo Introduces Japanese Visual Translator II-29
Editage Unveils Multiple Language Translation Services II-29
Lionbridge Introduces Additional Features for GeoFluent® II-29
Welocalize Introduces New GlobalSight 8.5.1 II-29
Yandex Adds New Languages II-29
Sajan to Unveil Transplicity II-29
Babylon Unveils Improved Babylon Translator Version II-30
Transfluent Expands Localization Software to G-Cloud CloudStore II-30
SDL and Capax Global Unveil Sonic Extractor II-30
SpeechTrans Unveils S2S Software for Windows 8 II-30
Voxbone Upgrades Lexifone Network II-30

5. RECENT INDUSTRY ACTIVITY II-31
Transaltions.com Enters Multilingual Content Management Deal
with Subway II-31
Cigna Collaborates with TransPerfect II-31
SYSTRAN Introduces New Website II-31
DocuSign and Welocalize Sign Localization Deal II-31
R.R. Donnelley Signs Deal to Take Over Multicorpora II-31
Theonera Partners with Summa Linguae to Offer Translation
Services II-31
Welocalize Takes Over CD Language II-31
Intonation Takes Over UPS Translations II-31
CSLi Purchases SYSTRAN II-32
NET-A-PORTER Signs Deal with Lionbridge for Content Management II-32
AppTek Takes Over Leidos' Omnifluent & Related Business II-32
SDL Enters into Translation Deal with Husqvarna II-32
Welocalize Enters Localization Partnership with Louvre Hotels II-32
Xplanation Takes Over LNE II-32
LanguageLine Takes Over Pacific Interpreters II-32

6. FOCUS ON SELECT GLOBAL PLAYERS II-33
AppTek (US) II-33
Babylon Ltd. (Israel) II-33
euroscript International S.A. (Luxembourg) II-33
Google Inc. (US) II-33
Global Linguist Solutions LLC (US) II-34
Hewlett-Packard Development Company L.P (US) II-34
International Business Machines Corporation (US) II-34
LanguageLine Solutions (US) II-35
Lionbridge Technologies Inc. (US) II-35
Manpower Group Solutions (US) II-36
Moravia IT a.s (Czech Republic) II-36
RWS Group (UK) II-36
Sajan (US) II-37
SDL plc (UK) II-37
STAR Group (Switzerland) II-37
SYSTRAN S.A. (France) II-38
thebigword Group Plc. (UK) II-38
Translations.com (US) II-38
TransPerfect Translations International Inc (US) II-39
Welocalize Inc. (US) II-39
Xerox Corporation (US) II-39

7. GLOBAL MARKET PERSPECTIVE II-40
Table 9: World Recent Past, Current & Future Analysis for
Language Translation Software and Services by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific, Latin
America and Rest of World Markets Independently Analyzed with
Annual Revenue Figures in US$ Million for Years 2013 through
2020 (includes corresponding Graph/Chart) II-40

Table 10: World Historic Review for Language Translation
Software and Services by Gographic Region - US, Canada,

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