How big is the Language Services Market?

The Language Services Market size is expected to reach USD 76.78 billion in 2024 and grow at a CAGR of 6.32% to reach USD 104.31 billion by 2029. Read More

What is the current Language Services Market size?

In 2024, the Language Services Market size is expected to reach USD 76.78 billion. Read More

Who are the key players in Language Services Market?

Atlas Language Services Inc., Lionbridge Technologies Inc., RWS Holdings plc, SDL Plc and Semantix AB are the major companies operating in the Language Services Market. Read More

Which is the fastest growing region in Language Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Language Services Market?

In 2024, the North America accounts for the largest market share in Language Services Market. Read More

What years does this Language Services Market cover, and what was the market size in 2023?

In 2023, the Language Services Market size was estimated at USD 71.93 billion. The report covers the Language Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Language Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What is the future outlook for the Language Services Market?

The increasing global reach of businesses and the digitalization of content are likely to fuel future expansion and innovation in the Language Services Market. Read More

What are the key drivers of the Language Services Market?

Key factors driving the market are: a) Expansion of international trade b) Digital content creation c) Need for localization d) Rising use of translation services across various industries Read More

What is the future outlook for the Language Services Market?

The increasing global reach of businesses and the digitalization of content are likely to fuel future expansion and innovation in the Language Services Market. Read More

Language Services Market Global | Industry Analysis, Size & Trends Report

Language Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Language Services Market Report is Segmented by Services (Translation, Localization, and Interpretation), End-User Vertical (Life Sciences, Media and Entertainment, Legal, Finance, and Patents and E-Commerce), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Language Services Industry Overview

The language services market is highly competitive as multiple vendors provide their services in domestic and international markets. The market appears to be fragmented, with the significant players adopting strategies, like product innovation and mergers and acquisitions, primarily to expand their service portfolio and to stay competitive in the market landscape. Some of the major players in the market are Atlas Language Service Inc., Lionbridge Technologies Inc., RWS Holdings PLC, and SDL PLC, among others.

•In June 2024, a LIMERICK-based company joined the UK-based Valorem Group. Translate, an interpreter software company headquartered in Limerick, joined the Valorem Group while also merging with fellow group member DA Languages, a Manchester-based interpreting service provider. Their partnership with DA Languages reinforces Translit’s commitment to providing exceptional language solutions.

•In February 2024, BLEND recently acquired Manpower Language Solutions (MLS), Israel’s key localization provider. By combining MLS’s expertise in the Israeli market with BLEND’s global proficiency, they aim to enhance their services and empower clients to succeed in any locale. MLS’s clients will benefit from improved offerings, including video and audio localization in over 120 languages.