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
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