Global Translation Service Market Information, by Service Type (Written translation Services, Interpretation services), by Operation Type - Forecast 2016-2022

PUNE, MAHARASHTRA, INDIA, September 21, 2016 /EINPresswire.com/ -- Industry News
o In July 2016, LanguageLine Solutions announced the investment of $20 million for the future of video interpreting.

o In June 2016, Lionbridge announced the partnership with BETSOL, which will resell the Lionbridge’s GeoFluent real-time translation solution to their clients.

Key players
• LanguageLine Solutions (U.S.)
• Lionbridge (U.S.)
• TransPerfect (U.S.)
• LanguageLine (U.S.)
• SDL (UK)
• GlobaLexicon (UK)
• Global Language Solutions, Inc. (U.S.)
• Ingco International (U.S.)

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Market Synopsis of Translation Service Market
Market Scenario
The Global Translation Service Market has been valued at US $XX billion in the year 2015. Huge technological advancement and arrival of machines and software which can translate in less time is driving the market. Another driver for this market is expanding geographical reach of the organizations where companies are dealing with foreign clients and translation becomes the need of the business. The global Translation Service Market is expected to reach US $XX billion market size by the end of forecasted period.

Taste the market data and market information presented through more than 70 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Translation Service Market Research Report - Forecast 2022”

Market Segmentation
Segmentation by Service Type: Written translation Services, Interpretation services (Language interpretation, Sign language interpretation).

Segmentation by Operation Type: Technical Translation and Machine Translation.

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Study Objective of Translation Service Market
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Translation Service Market

• To provide insights about factors affecting the market growth

• To analyze the translation service market based on various factors- value chain analysis, porter’s five force analysis etc.

• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)

• To provide country level analysis of the market with respect to the current market size and future prospective

• To provide country level analysis of the market for segment by service type, by operation type and sub-segments

• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Translation Service Market

Regional Analysis
North America is dominating the market of translation service due to the technology advantage and also U.S. is place of number of top players who operates in the segment of translation service. North America translation service market has been valued at US $XX billion in the year 2015 and holds XX% of market share followed by Europe which accounts for XX% of total market share. Asia-Pacific has emerged as fastest growing market for the translation services with the CAGR of XX% and has been valued at US $XX billion in the year 2015.

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Target Audience
o Software Companies
o BPO & KPO
o Translation Service Providers
o Conference Management Companies

The report for Global Translation Service Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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