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Machine Translation Market

Machine Translation Market Analysis – By Application (Automotive, Military & Defence, Electronics, IT, Healthcare), By Technology (RBMT, SMT) and By Region – Global Industry Size, Growth, Share, Trends, Demand, Strategy and Competitive Analysis Forecast Report 2025

  • ID : 62290385  |  
  • Published : Feb-2019  |  
  • Region : Global  |  
  • Pages : 130   |  
  • Publisher : Bizwit Research & Consulting LLP

Machine Translation Market Size and Growth Rate:

Machine Translation Market size was valued USD 435 million in 2016 is anticipated to grow USD 1483 million by the end of 2025, with the compounded annual growth of 14.60% over the forecast period 2018-2025.

Machine Translation Market Growth Demand:

Technological advancements have resulted in development of translation theory with minimal errors and grammatical consistency, which has considerably broadened the scope for Machine Translator. Cost-effective and rapid conversion of documents in regional languages has spurred industry growth over the past few years. Moreover, several multinational companies use this method owing to its cost-effectiveness to develop multilingual content for their global websites. Use of professional linguists to provide post-editing of content that has been machine-translated can result in greater accuracy of translated content. Growing number of Internet users worldwide has widened demand for cross-cultural interaction and understanding of content over the web. The necessity for such social interaction has spurred demand for modernization in MT services. Globalization and integration of communication technology has created opportunities for provision of machine translation as a service

Machine Translation Market Regional Presence:

China and India have witnessed tremendous growth in recent years. The linguistically diverse culture of the Asia Pacific region has witnessed greater demand for translated content. North America dominated the industry in 2016.

Machine Translation Market – Detailed Segmentation:

Machine Translation Market – By Application:

  • Automotive
  • Military & Defence
  • Electronics
  • IT
  • Healthcare

Machine Translation Market – By Technology:

  • RBMT
  • SMT

Prominent Companies in the Machine Translation Market Analyzed in the report are:

  • App Tek
  • Asia Online Pte Ltd
  • Cloudwords Inc
  • Lighthouse IP Group
  • Lingo24 Ltd.
  • Lionbridge Technologies Inc
  • Lingotek Inc.
  • Moravia IT
  • Pangeanic
  • ProMT
  • Raythean BBN Technologies

Machine Translation Market – By Geographical Segmentation:

  • North America                                                 

    • United States                                
    • Canada                                          

  • Europe                                                             

    • Introduction                                  
    • United Kingdom                                            
    • Germany                                       
    • France                                           
    • Italy                                
    • Spain                                             

  • Asia-Pacific                                                      

    • China                                             
    • India                                              
    • Japan                                             
    • South Korea                                  

  • Latin America                                                                              

    • Brazil                                             
    • Argentina                                      
    • Mexico                                          

  • Middle-East & Africa                                                       

    • Middle-East                                  
    • Africa       

Table of Contents:

Chapter 1. Global Machine Translation Market Definition and Scope

1.1. Research Objective

1.2. Market Definition

1.3. Scope of the Study

1.4. Years Considered for the Study

1.5. Currency Conversion Rates

1.6. Report Limitation

Chapter 2. Research Methodology

2.1. Research Process

2.1.1. Data Mining

2.1.2. Analysis

2.1.3. Market Estimation

2.1.4. Validation

2.1.5. Publishing

2.2. Research Assumption

Chapter 3. Executive Summary

3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2. Key Trends

Chapter 4. Global Machine Translation Market Dynamics

4.1. Growth Prospects

4.1.1. Drivers

4.1.2. Restraints

4.1.3. Opportunities

4.2. Industry Analysis

4.2.1. Porter’s 5 Force Model

4.2.2. PEST Analysis

4.2.3. Value Chain Analysis

4.3. Analyst Recommendation & Conclusion

Chapter 5. Global Machine Translation Market, By Application

5.1. Market Snapshot

5.2. Market Performance – Potential Model

5.3. Global Machine Translation Market, Sub Segment Analysis

5.3.1. Automotive

5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.2. Military & Defence

5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.3. Electronics

5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.4. IT

5.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.5. Healthcare

5.3.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 6. Global Machine Translation Market, By Technology

6.1. Market Snapshot

6.2. Market Performance – Potential Model

6.3. Global Machine Translation Market, Sub Segment Analysis

6.3.1. RBMT

6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.2. SMT

6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 7. Global Machine Translation Market, by Regional Analysis

7.1. Machine Translation Market, Regional Market Snapshot (2015-2025)

7.2. North America Machine Translation Market Snapshot

7.2.1. U.S.

7.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.2.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.2.1.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.2.2. Canada

7.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.2.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.2.2.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3. Europe Machine Translation Market Snapshot

7.3.1. U.K.

7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2. Germany

7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.3. France

7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.4. Rest of Europe

7.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.4.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.4.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4. Asia Machine Translation Market Snapshot

7.4.1. China

7.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.1.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.2. India

7.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.2.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.3. Japan

7.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.3.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.3.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.4. Rest of Asia Pacific

7.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.4.4.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.4.4.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5. Latin America Machine Translation Market Snapshot

7.5.1. Brazil

7.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.5.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.1.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.2. Mexico

7.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.5.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.5.2.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.6. Rest of The World

7.6.1. South America

7.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.6.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.6.1.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.6.2. Middle East and Africa

7.6.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.6.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.6.2.3. Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 8. Competitive Intelligence

8.1. Company Market Share (Subject to Data Availability)

8.2. Top Market Strategies

8.3. Company Profiles

8.3.1. App Tek

8.3.1.1. Overview

8.3.1.2. Financial (Subject to Data Availability)

8.3.1.3. Product Summary

8.3.1.4. Recent Developments

8.3.2. Asia Online Pte Ltd.

8.3.3. Cloudwords Inc.

8.3.4. Lighthouse IP Group

8.3.5. Lingo24 Ltd.

8.3.6. Lionbridge Technologies Inc.

8.3.7. Lingotek Inc.

8.3.8. Moravia IT

8.3.9. Pangeanic

8.3.10. ProMT

8.3.11. Raythean BBN Technologies

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