Home   Blog   The Evolution of the Global Translation Software Market

The Evolution of the Global Translation Software Market

By: Shahzad Bashir Posted on Wed, 01-07-2015

A study by WinterGreen Research, titled ‘Language Translation Software: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020’ which closely analyzed the new market was just published.

The market share of machine translation is poised to go from US$4 billion in 2013 to US$10.6 billion by the end of 2020, according to the report.

Thanks to the globalization trend worldwide, enterprises across the world have realized the importance of localizing their products or services, which is driving the growth of the language translation software market. Their globalization ambitions can be effectively achieved by the use of Language Translation Services, as a business can communicate with customers through language. As the arrival of the mobile business, the appeal of global presence is compelling businesses to make their website mobile-friendly.

The contradiction of the requirement of Fast Translation Services and accuracy has been long. The growth of the global market for language translation software is hindered by the requirements such as human assessment, validation and accuracy. As a number of international companies of this industry have been working hard to give better solutions, the accuracy of hybrid systems has gained an edge over earlier systems.

More and more companies have spotted this profitable opportunity and we can expect a highly competitive marketplace in the near future.

Mars Translation is becoming one of the leading providers of Language Translation Services, Interpretation Services, multimedia, localization, and desktop publishing services. Our one-stop globalization solutions enable companies to speak the language of their clients and enter global markets with high quality localized products and services. Check out what we can do for you…

Related Blogs

12 Effective Tips for Doing Business in Iran

Many global companies, foreign governments and Iranian are hoping to see an increase in investment in Iran after declaring the

Read More
AI Transcription in Healthcare: Is That Impactful?

Artificial intelligence has taken a big space in almost every industry. There is also a widespread acceptance that AI is

Read More
Four Tricks For Global Client Persuasion

Persuasion is all about manipulating other people behavior. At first it might sound immoral but it doesn’t have to be.

Read More
Innovative Ideas And Its Marketing

Now days everyone is searching for good ideas for their company they wanted to be more creative, they wanted to

Read More
Internet Marketing Content Translation Services

Technology has now much diverse roots in this age of development. Now it is not wrong to say, that you

Read More
Why Should You Localize Your FAQ?

Localization is the practice of altering the functional properties of a product and also its characteristics. This is easily done

Read More
Journey Of Marketing Trends From 2023 to 2024

It is very important to know the fast and fearless front-facing trends of marketing your business in the digital age.

Read More
Nigerian Customer Purchasing Trends to Increase Your Sales!

Nigerian Customer Purchasing Trends – All You Need To Know To Increase Your Sales!   Online shopping is one of he many

Read More
Online Customer Purchasing Trends In Polish Market

Online Customer Purchasing Trends – Why the Polish Market Is Good For Your Sales?   The Polish consumers are one of the

Read More

© Copyright 2025 MarsTranslation