Global Translation and Interpretation Services Market Growth (Status and Outlook) 2024-2030

Global Translation and Interpretation Services Market Growth (Status and Outlook) 2024-2030

Translation and interpretation services involve the conversion of language to facilitate communication between speakers of different languages. Translation deals with written content, converting text from one language to another while preserving meaning, tone, and context. Interpretation, on the other hand, involves real-time or consecutive conversion of spoken language, allowing for immediate understanding in conversations, conferences, and other verbal exchanges. Both services require deep linguistic knowledge, cultural awareness, and subject-specific expertise to ensure accurate and effective communication.

The global Translation and Interpretation Services 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 “Translation and Interpretation Services Industry Forecast” looks at past sales and reviews total world Translation and Interpretation Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Translation and Interpretation Services sales for 2023 through 2029. With Translation and Interpretation Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Translation and Interpretation Services industry.

This Insight Report provides a comprehensive analysis of the global Translation and Interpretation Services 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 Translation and Interpretation Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Translation and Interpretation Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Translation and Interpretation Services 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 Translation and Interpretation Services.

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

Global key Translation and Interpretation Services players cover RWS, LanguageLine Solutions, Teleperformance, Lionbridge, TransPerfect, 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 Translation and Interpretation Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Translation Services
Interpretation Services

Segmentation by Application:
Large Enterprises
SMEs

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:
Translation Services
Interpretation Services

Segmentation by Application:
Large Enterprises
SMEs

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.
RWS
LanguageLine Solutions
Teleperformance
Lionbridge
TransPerfect
CyraCom International
London Translations
thebigword
Global Voices
Gengo
Interpreters Unlimited
Language Services Associates
United Language Group
Certified Languages International
SeproTec Multilingual Solutions
Språkservice
The Language Doctors
Multilanguage Services
Multilingual Solutions
Bromberg & Associates
Interpreters and Translators
Tamarind Language Services
ITS
Continental Interpreting Services
ASIST Translation Services
Language Link
Day Translations
Transatlantic Translations Group
Access 2 Interpreters
Sorenson
Vera Language Services
Geneva Worldwide
The Language Group
Translation.ie
CanTalk Canada
Translation Excellence
LUNA Language Services

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