The market for outsourced language services and supporting technology grew 7.99% to US$46.52 billion from 2017 to 2018, according to independent market research firm Common Sense Advisory (CSA Research). 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 15th Annual Global Market Survey, which will gather data on the growth of the industry, providers, and services based on final business results for 2018. This is the language industry’s most comprehensive, large-scale worldwide market survey.
“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,” said Dr. Donald A. DePalma, Chief Strategy Officer, CSA Research. “Our research team employs the same methodology year-over-year for a reliable, statistically significant view of the market that allows comparisons over time.”
The findings, based on a representative sample of the 18,000 language service providers in CSA Research’s database, are part of the firm’s primary research offering. The 15th Annual CSA Research Global Market Study will 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 CSA Research
CSA Research 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. www.csa-research.com