Worldwide Report — Machine Translation Market Growth 2019

Analysts forecast the Global Machine Translation market to grow at a CAGR of 23.53 percent over the period 2014–2019.

Machine translation (MT) is the translation of words by a computer from one language to another. It is one of the major sub-fields of computational linguistics, and deals with statistical or rule-based modeling of natural language. It enables speedy translation of documents and content. It is a cost-effective method employed by several companies to create multilingual content for a global website.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Machine Translation market during the period 2015–2019. For ascertaining the market size and vendor share, the report considers revenue obtained from the sales of machine translation services and products.

The report Global Machine Translation Market 2015–2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Machine Translation market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

Americas

APAC

EMEA

Key Vendors

IBM

Lionbridge Technologies

SDL International

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