X
02Mar

Annual Survey on the Size and Growth of the Global Language Services and Technology Market

| Return|

Independent Market Research Firm Common Sense Advisory Launches 14th Annual Global Market Survey

The market for outsourced language services and supporting technology grew 6.97% to US$ 43.08 billion from 2016 to 2017, according to independent market research firm Common Sense Advisory (CSA Research). Regions will grow at different rates, affected by local conditions. These findings are a result of the firm’s annual study, the only comprehensive global survey of private and publicly-traded language service and technology companies.

The firm has launched its 14th Annual Global Market Survey. In this comprehensive and independent, large-scale industry market survey, the firm will study and analyze the growth of the industry, providers, and services based on final business results for 2017. Based on quarterly business confidence data survey conducted at the end of 2017, revenue increased for 75% of the top 100 language service providers last year.

“CSA Research uses trusted, structured, and documented market research methodologies to ensure comprehensive and independent data-driven research for language service providers, technology vendors, global enterprises, and investors,” adds Don DePalma, Founder and Chief Strategy Officer, CSA Research.

The findings, which are published mid-year and part of CSA Research’s primary research offering, include rankings of the largest private and public language services and technology providers globally and regionally, market size estimates, the fastest-growing services in the industry, and a breakdown revealing market size estimates for translation services, on-site interpreting, translation technology, machine translation post-editing, video interpreting, mobile and game localization, and other related services.

The survey is available here.

About Common Sense Advisory

Common Sense Advisory is an independent market research company helping companies profitably grow their global businesses and gain access to new markets and new customers. Its focus is on assisting its clients to operationalize, benchmark, optimize, and innovate industry best practices in globalization, internationalization, localization, interpreting, and translation. http://www.commonsenseadvisory.com | @CSA_Research

Tweet: How is business? @CSA_Research 14th annual Global Market Survey is open. Take the industry’s most comprehensive survey here: http://ow.ly/S2Gz30iHySG. #t9n #l10n #LSPs #GMS2018 #marketresearch

Related

Market for Outsourced Translation and Interpreting Services and Technology to Surpass US$34.7 Billion in 2013

(BOSTON, MA) – The global market for outsourced language services and technology will surpass US$34...

Read More >

First-ever In-depth Evaluation of Commercial Translation Management Solutions Designed for Language Services Providers

Independent research firm Common Sense Advisory releases MarketFlex report to guide LSPs in TMS eval...

Read More >

Holiday Shopping Not So Feliz for Latinos Online

Common Sense Advisory, Inc., an independent research firm, announces its latest research report on o...

Read More >

Interactive Online Tool Provides Objective Method for Comparing and Evaluating Translation Technology Vendors

(BOSTON) – Translation management systems (TMS) tools facilitate the rapid development, day-to-day ...

Read More >

Report Details Best Practices for Marketing to Diverse Audiences Online

(Boston, MA) – Ford, McDonald’s, Nestlé, and Pepsi each take a different approach to targeting the...

Read More >