Language Services Market will register a CAGR of 3.79 % during 2020–2024. The market’s growth momentum will Accelerate.
Globalization of businesses | adoption of advanced technologies will be one of the major factors driving the growth of this market. Additionally, key Language Services Market trends such as the increased localization of video content will also influence market growth during the forecast period.
Language Services Market Size
During the forecast period, the Language Services Market size will grow by USD 9.72 bn.
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Language Services Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Language Services Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
Atlas Language Service Inc. | Globe language Services Inc. | Lionbridge Technologies Inc. | RWS Holdings Plc | SDL Plc | Semantix International AB | Summa Linguae Technologies | Teleperformance SE | TransPerfect Global Inc. | and Welocalize Inc..list
are some of the companies covered in Technavio’s Language Services Market report for 2020–2024.
Language Services Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Language Services Market.
The APAC will account for the largest Language Services Market share and during 2020–2024, the region will contribute to 30% of the market’s growth.
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