Market Share of Language Services Industry
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.
Language Services Market Leaders
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Atlas Language Services Inc.
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Lionbridge Technologies Inc.
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RWS Holdings plc
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SDL Plc
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Semantix AB
*Disclaimer: Major Players sorted in no particular order
