Global and India Machine Translation Market Report & Forecast 2024-2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Software
Publisher : MRA | Format : PDF
Global and India Machine Translation Market Report & Forecast 2024-2034
Machine translation (MT) is a sub-field of computational linguistics. Machine translation systems are applications or online services that can translate source content into target languages by using machine-learning technologies to translate large amounts of text from and to any of their supported languages.
Market Analysis and InsightsGlobal and India Machine Translation Market
This report focuses on global and India Machine Translation market, also covers the segmentation data of other regions in regional level and county level.
The global Machine Translation revenue was US$ 487.1 million in 2023 and is forecast to a readjusted size of US$ 1098.8 million by 2033 with a CAGR of 12.5% during the review period (2023-2033).
Global key players of machine translation include Google, RWS, Microsoft and Lionbridge. Global top four manufacturers hold a share about 65%. In terms of product, cloud is the largest segment, with a share about 93%. And in terms of application, the largest application is B-end customer, which has a share about 71 percent.
Global Machine Translation Scope and Market Size
Machine Translation market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Machine Translation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2033.
For India market, this report focuses on the Machine Translation market size by players, by Type and by Application, for the period 2018-2033. The key players include the global and local players, which play important roles in India.
Google
RWS
Microsoft
Lionbridge
AWS
IBM
Omniscien Technologies
Baidu
Tencent Cloud TMT
Alibaba Cloud
KantanAI
Smart Communications, Inc.
LLSOLLU
Segment by Type
Cloud
On Premise
B-end Customer
C-end Customer
Government and Defense
By Region
Americas
United States
Canada
Mexico
Brazil
China
APAC (excluding China)
Japan
South Korea
China Taiwan
ASEAN
India
EMEA
Europe
Middle East
Africa
Chapter 1Introduces Machine Translation definition, global market size, India market size, India percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3Provides the analysis of various market segments by application, covering the revenue and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4Detailed analysis of Machine Translation companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger and acquisition information, etc.
Chapter 5Revenue of Machine Translation in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 6Americas by type, by application and by country revenue for each segment.
Chapter 7EMEA by type, by application and by region, revenue for each segment.
Chapter 8China by type, by application revenue for each segment.
Chapter 9APAC (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Machine Translation revenue, gross margin and recent development, etc.
Chapter 11Analyst's Viewpoints/Conclusions
Market Analysis and InsightsGlobal and India Machine Translation Market
This report focuses on global and India Machine Translation market, also covers the segmentation data of other regions in regional level and county level.
The global Machine Translation revenue was US$ 487.1 million in 2023 and is forecast to a readjusted size of US$ 1098.8 million by 2033 with a CAGR of 12.5% during the review period (2023-2033).
Global key players of machine translation include Google, RWS, Microsoft and Lionbridge. Global top four manufacturers hold a share about 65%. In terms of product, cloud is the largest segment, with a share about 93%. And in terms of application, the largest application is B-end customer, which has a share about 71 percent.
Global Machine Translation Scope and Market Size
Machine Translation market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Machine Translation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2033.
For India market, this report focuses on the Machine Translation market size by players, by Type and by Application, for the period 2018-2033. The key players include the global and local players, which play important roles in India.
By Company
RWS
Microsoft
Lionbridge
AWS
IBM
Omniscien Technologies
Baidu
Tencent Cloud TMT
Alibaba Cloud
KantanAI
Smart Communications, Inc.
LLSOLLU
Segment by Type
Cloud
On Premise
Segment by Application
B-end Customer
C-end Customer
Government and Defense
By Region
Americas
United States
Canada
Mexico
Brazil
China
APAC (excluding China)
Japan
South Korea
China Taiwan
ASEAN
India
EMEA
Europe
Middle East
Africa
Chapter Introduction
Chapter 1Introduces Machine Translation definition, global market size, India market size, India percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3Provides the analysis of various market segments by application, covering the revenue and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4Detailed analysis of Machine Translation companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger and acquisition information, etc.
Chapter 5Revenue of Machine Translation in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 6Americas by type, by application and by country revenue for each segment.
Chapter 7EMEA by type, by application and by region, revenue for each segment.
Chapter 8China by type, by application revenue for each segment.
Chapter 9APAC (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Machine Translation revenue, gross margin and recent development, etc.
Chapter 11Analyst's Viewpoints/Conclusions