Global Professional Translation Service Market Growth (Status and Outlook) 2024-2030

Global Professional Translation Service Market Growth (Status and Outlook) 2024-2030

A professional translation service provides expert translation of written or spoken content from one language to another. These services are essential for ensuring accurate, culturally appropriate, and contextually relevant translations in various fields.

The global Professional Translation Service market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Professional Translation Service Industry Forecast” looks at past sales and reviews total world Professional Translation Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Professional Translation Service sales for 2023 through 2029. With Professional Translation Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Professional Translation Service industry.

This Insight Report provides a comprehensive analysis of the global Professional Translation Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Professional Translation Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Professional Translation Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Professional Translation Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Professional Translation Service.

United States market for Professional Translation Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Professional Translation Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Professional Translation Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Professional Translation Service players cover TransPerfect, Lionbridge, SDL (RWS), Gengo, LanguageLine Solutions, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Professional Translation Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Document Translation
Interpretation Services
Other

Segmentation by Application:
SMEs
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Document Translation
Interpretation Services
Other

Segmentation by Application:
SMEs
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TransPerfect
Lionbridge
SDL (RWS)
Gengo
LanguageLine Solutions
The Translation Company Group
Welocalize
Keywords Studios
Morningside Translations
Tomedes

Please note: The report will take approximately 2 business days to prepare and deliver.