Translation Tools Market

Translation Tools automate the translation of text in enterprise content so that it may be read in other languages. The software is often used to support localization in global marketing campaigns. Additionally, they may be deployed to automate translation in backend systems, technical documents, or other sources of text.
Translation Tools Market contains market size and forecasts of Translation Tools in Global, including the following market information:
Global Translation Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Translation Tools 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.
Cloud-Based Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Translation Tools include Localize, SDL plc, Smartling, Memsource, Wordbee, Transifex, Smartcat, POEditor and Venga Global, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Translation Tools 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 Translation Tools Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Translation Tools Market Segment Percentages, by Type, 2021 (%)
Cloud-Based
On-Premises
Global Translation Tools Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Translation Tools Market Segment Percentages, by Application, 2021 (%)
BFSI
Retail
Healthcare and Lifesciences
IT and Telecom
Media and Entertainment
Travel and Hospitality
Other
Global Translation Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Translation Tools 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 Translation Tools revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Translation Tools revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Localize
SDL plc
Smartling
Memsource
Wordbee
Transifex
Smartcat
POEditor
Venga Global
Alconost
Alchemy Software Development
Fliplingo
Translations.com
OneSky
Unbabel
Lionbridge
Trint
3M Health Care
TransPerfect
Lokalise
Microsoft
Maestra
MotionPoint
Text United GmbH