Translation Services Global Market Opportunities And Strategies To 2021:
Translation Services Market Global Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global Translation Services market.
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Markets Covered: Translation Services
Companies Mentioned: Lionbridge,TelePerformance,TransPerfect,Yamagata,Semantix
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, Translation Services indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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The global translation services market was valued at $43 billion in 2017. North America was the largest geographic region accounting for $26.6 billion or 0.6% of the global market. And the USA was the largest country accounting for $20.1 billion or 0.4% of the global translation services market.
Rise in the internet usage has allowed people to connect with each other resulting in rise in demand for long tail language translation services. Long tail languages include languages that do not form part of major languages and are not used by many people in today�s society. These languages are rarely spoken but still have a significant presence in many local communities. Most of the companies are localizing their business marketing strategies to target people falling in local tail languages category. Businesses are offering services that need to be translated to the people in local languages. As connectivity is on the rise there is a growing demand for long tail language translation services.
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