Machine-Assisted Translation Service Market

Computer-Assisted Translation (CAT), also referred to as machine-assisted translation (MAT) or machine-aided human translation (MAHT), is the use of software to assist a human translator in the translation process. The translation is created by a human, and certain aspects of the process are facilitated by software; this is in contrast with machine translation (MT), in which the translation is created by a computer, optionally with some human intervention (e.g. pre-editing and post-editing).
Machine-Assisted Translation Service Market contains market size and forecasts of Machine-Assisted Translation (CAT) Service in Global, including the following market information:
Global Machine-Assisted Translation (CAT) Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Machine-Assisted Translation (CAT) Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Machine-Assisted Translation (CAT) Service include RWS Group (SDL), Across Systems, Star Transit, Smartcat, TransPerfect, Lionbridge, LanguageWire (Tstream), XTM Cloud and MemoQ, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Machine-Assisted Translation (CAT) Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Machine-Assisted Translation (CAT) Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Machine-Assisted Translation (CAT) Service Market Segment Percentages, by Type, 2021 (%)
Software
Service
Global Machine-Assisted Translation (CAT) Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Machine-Assisted Translation (CAT) Service Market Segment Percentages, by Application, 2021 (%)
Small & Medium Enterprise
Large Enterprise
Others
Global Machine-Assisted Translation (CAT) Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Machine-Assisted Translation (CAT) Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Machine-Assisted Translation (CAT) Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Machine-Assisted Translation (CAT) Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
RWS Group (SDL)
Across Systems
Star Transit
Smartcat
TransPerfect
Lionbridge
LanguageWire (Tstream)
XTM Cloud
MemoQ
Memsource
Wordfast
Transmate
Heartsome
Atril Solutions
Snowman CAT
Keywords Studios