Global Software Localization Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	154 Pages	TechNavio	December, 2023	INF18379620

Best Price Guarantee
Price	from $2,500
Length	154 Pages
Publisher	TechNavio
Published Date	December, 2023
SKU	INF18379620

Global Software Localization Market 2024-2028

The software localization market is forecasted to grow by USD 2.33 bn during 2023-2028, accelerating at a CAGR of 7.51% during the forecast period. The report on the software localization market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by digital transformation and software adoption in businesses, globalization of businesses, and technology adoption to enhance language translation process efficiency.

Technavio's software localization market is segmented as below:

By End-user

Large enterprises
SMEs

By Component

Software
Service

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the leveraging artificial intelligence (AI) for enhanced translation and localization as one of the prime reasons driving the software localization market growth during the next few years. Also, increasing adoption of cloud-based localization platforms and growing adopting continuous localization for agile software development will lead to sizable demand in the market.

The report on the software localization market covers the following areas:

Software localization market sizing
Software localization market forecast
Software localization market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading software localization market vendors that include Adobe Inc., Alchemy Software Development Ltd., Alconost Inc., Alphabet Inc., ARGOS TRANSLATIONS Sp. z o.o., Babylon Software Ltd., Code Icons, Code Whale Inc., GTranslate Inc., International Business Machines Corp., Lingobit Technologies, Lionbridge Technologies LLC, memoQ, Microsoft Corp., RWS Holdings PLC, Salesforce Inc., SAP SE, Smartcat Platform Inc. , SYSTRAN SA, Transifex , MateCat, Memsource AS, and Smartling Inc.. Also, the software localization market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Component
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global software localization market 2018 - 2022
  - Table Historic Market Size – Data Table on global software localization market 2018 - 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Component Segment Analysis 2018 - 2022
  - Table Historic Market Size – Component Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Large enterprises - Market size and forecast 2023-2028
  - Table Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
- SMEs - Market size and forecast 2023-2028
  - Table Chart on SMEs - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on SMEs - Market size and forecast 2023-2028 ($ million)
  - Table Chart on SMEs - Year-over-year growth 2023-2028 (%)
  - Table Data Table on SMEs - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Market Segmentation by Component
- Market segments
  - Table Chart on Component - Market share 2023-2028 (%)
  - Table Data Table on Component - Market share 2023-2028 (%)
- Comparison by Component
  - Table Chart on Comparison by Component
  - Table Data Table on Comparison by Component
- Software - Market size and forecast 2023-2028
  - Table Chart on Software - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Software - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Software - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Software - Year-over-year growth 2023-2028 (%)
- Service - Market size and forecast 2023-2028
  - Table Chart on Service - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Service - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Service - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Service - Year-over-year growth 2023-2028 (%)
- Market opportunity by Component
  - Table Market opportunity by Component ($ million)
  - Table Data Table on Market opportunity by Component ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- France - Market size and forecast 2023-2028
  - Table Chart on France - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on France - Market size and forecast 2023-2028 ($ million)
  - Table Chart on France - Year-over-year growth 2023-2028 (%)
  - Table Data Table on France - Year-over-year growth 2023-2028 (%)
- Canada - Market size and forecast 2023-2028
  - Table Chart on Canada - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Canada - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Digital transformation and software adoption in businesses
  - Globalization of businesses
- Market challenges
  - Linguistic and cultural complexity associated with software localization
  - Technical integration and interoperability issues associated with software localization solutions
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Leveraging artificial intelligence (AI) for enhanced translation and localization
  - Increasing adoption of cloud-based localization platforms
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Alconost Inc.
  - Table Alconost Inc. - Overview
  - Table Alconost Inc. - Product / Service
  - Table Alconost Inc. - Key offerings
- Alphabet Inc.
  - Table Alphabet Inc. - Overview
  - Table Alphabet Inc. - Business segments
  - Table Alphabet Inc. - Key news
  - Table Alphabet Inc. - Key offerings
  - Table Alphabet Inc. - Segment focus
- ARGOS TRANSLATIONS Sp. z o.o.
  - Table ARGOS TRANSLATIONS Sp. z o.o. - Overview
  - Table ARGOS TRANSLATIONS Sp. z o.o. - Product / Service
  - Table ARGOS TRANSLATIONS Sp. z o.o. - Key offerings
- Babylon Software Ltd.
  - Table Babylon Software Ltd. - Overview
  - Table Babylon Software Ltd. - Product / Service
  - Table Babylon Software Ltd. - Key offerings
- International Business Machines Corp.
  - Table International Business Machines Corp. - Overview
  - Table International Business Machines Corp. - Business segments
  - Table International Business Machines Corp. - Key news
  - Table International Business Machines Corp. - Key offerings
  - Table International Business Machines Corp. - Segment focus
- Lionbridge Technologies LLC
  - Table Lionbridge Technologies LLC - Overview
  - Table Lionbridge Technologies LLC - Product / Service
  - Table Lionbridge Technologies LLC - Key offerings
- MateCat
  - Table MateCat - Overview
  - Table MateCat - Product / Service
  - Table MateCat - Key offerings
- memoQ
  - Table memoQ - Overview
  - Table memoQ - Product / Service
  - Table memoQ - Key offerings
- Memsource AS
  - Table Memsource AS - Overview
  - Table Memsource AS - Product / Service
  - Table Memsource AS - Key offerings
- Microsoft Corp.
  - Table Microsoft Corp. - Overview
  - Table Microsoft Corp. - Business segments
  - Table Microsoft Corp. - Key news
  - Table Microsoft Corp. - Key offerings
  - Table Microsoft Corp. - Segment focus
- RWS Holdings PLC
  - Table RWS Holdings PLC - Overview
  - Table RWS Holdings PLC - Business segments
  - Table RWS Holdings PLC - Key offerings
  - Table RWS Holdings PLC - Segment focus
- Smartcat Platform Inc.
  - Table Smartcat Platform Inc. - Overview
  - Table Smartcat Platform Inc. - Product / Service
  - Table Smartcat Platform Inc. - Key offerings
- Smartling Inc.
  - Table Smartling Inc. - Overview
  - Table Smartling Inc. - Product / Service
  - Table Smartling Inc. - Key offerings
- SYSTRAN SA
  - Table SYSTRAN SA - Overview
  - Table SYSTRAN SA - Product / Service
  - Table SYSTRAN SA - Key offerings
- Transifex
  - Table Transifex - Overview
  - Table Transifex - Product / Service
  - Table Transifex - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations