Global Machine Translation Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Publication ID:

GIR012407948

Publication Date:

January 1, 2024

Pages:

115

Publisher:

GIR

Countries:

Global [1]

USD 3,480.00

Software [2]

IT Services [3]

Computing & Electronics [4]

Description:

The global Machine Translation market size was valued at USD 501.2 million in 2023 and is forecast to a readjusted size of USD 1105.4 million by 2030 with a CAGR of 12.0% during review period.
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.
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.
The report includes an overview of the development of the Machine Translation industry chain, the market status of B-end Customer (Cloud, On Premise), C-end Customer (Cloud, On Premise), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Machine Translation.
Regionally, the report analyzes the Machine Translation markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Machine Translation market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Machine Translation market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Machine Translation industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Cloud, On Premise).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Machine Translation market.
Regional Analysis: The report involves examining the Machine Translation market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Machine Translation market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Machine Translation:
Company Analysis: Report covers individual Machine Translation players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Machine Translation This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (B-end Customer, C-end Customer).
Technology Analysis: Report covers specific technologies relevant to Machine Translation. It assesses the current state, advancements, and potential future developments in Machine Translation areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Machine Translation market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Machine Translation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Cloud
On Premise
Market segment by Application
B-end Customer
C-end Customer
Government and Defense
Market segment by players, this report covers
Google
RWS
Microsoft
Lionbridge
AWS
IBM
Omniscien Technologies
Baidu
Tencent Cloud TMT
Alibaba Cloud
KantanAI
Smart Communications, Inc.
LLSOLLU
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Machine Translation product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Machine Translation, with revenue, gross margin and global market share of Machine Translation from 2019 to 2024.
Chapter 3, the Machine Translation competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Machine Translation market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Machine Translation.
Chapter 13, to describe Machine Translation research findings and conclusion.

Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Product Overview and Scope of Machine Translation
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Machine Translation by Type
1.3.1 Overview: Global Machine Translation Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Machine Translation Consumption Value Market Share by Type in 2023
1.3.3 Cloud
1.3.4 On Premise
1.4 Global Machine Translation Market by Application
1.4.1 Overview: Global Machine Translation Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 B-end Customer
1.4.3 C-end Customer
1.4.4 Government and Defense
1.5 Global Machine Translation Market Size & Forecast
1.6 Global Machine Translation Market Size and Forecast by Region
1.6.1 Global Machine Translation Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Machine Translation Market Size by Region, (2019-2030)
1.6.3 North America Machine Translation Market Size and Prospect (2019-2030)
1.6.4 Europe Machine Translation Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Machine Translation Market Size and Prospect (2019-2030)
1.6.6 South America Machine Translation Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Machine Translation Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Google
2.1.1 Google Details
2.1.2 Google Major Business
2.1.3 Google Machine Translation Product and Solutions
2.1.4 Google Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Google Recent Developments and Future Plans
2.2 RWS
2.2.1 RWS Details
2.2.2 RWS Major Business
2.2.3 RWS Machine Translation Product and Solutions
2.2.4 RWS Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 RWS Recent Developments and Future Plans
2.3 Microsoft
2.3.1 Microsoft Details
2.3.2 Microsoft Major Business
2.3.3 Microsoft Machine Translation Product and Solutions
2.3.4 Microsoft Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Microsoft Recent Developments and Future Plans
2.4 Lionbridge
2.4.1 Lionbridge Details
2.4.2 Lionbridge Major Business
2.4.3 Lionbridge Machine Translation Product and Solutions
2.4.4 Lionbridge Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Lionbridge Recent Developments and Future Plans
2.5 AWS
2.5.1 AWS Details
2.5.2 AWS Major Business
2.5.3 AWS Machine Translation Product and Solutions
2.5.4 AWS Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 AWS Recent Developments and Future Plans
2.6 IBM
2.6.1 IBM Details
2.6.2 IBM Major Business
2.6.3 IBM Machine Translation Product and Solutions
2.6.4 IBM Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 IBM Recent Developments and Future Plans
2.7 Omniscien Technologies
2.7.1 Omniscien Technologies Details
2.7.2 Omniscien Technologies Major Business
2.7.3 Omniscien Technologies Machine Translation Product and Solutions
2.7.4 Omniscien Technologies Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Omniscien Technologies Recent Developments and Future Plans
2.8 Baidu
2.8.1 Baidu Details
2.8.2 Baidu Major Business
2.8.3 Baidu Machine Translation Product and Solutions
2.8.4 Baidu Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Baidu Recent Developments and Future Plans
2.9 Tencent Cloud TMT
2.9.1 Tencent Cloud TMT Details
2.9.2 Tencent Cloud TMT Major Business
2.9.3 Tencent Cloud TMT Machine Translation Product and Solutions
2.9.4 Tencent Cloud TMT Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Tencent Cloud TMT Recent Developments and Future Plans
2.10 Alibaba Cloud
2.10.1 Alibaba Cloud Details
2.10.2 Alibaba Cloud Major Business
2.10.3 Alibaba Cloud Machine Translation Product and Solutions
2.10.4 Alibaba Cloud Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Alibaba Cloud Recent Developments and Future Plans
2.11 KantanAI
2.11.1 KantanAI Details
2.11.2 KantanAI Major Business
2.11.3 KantanAI Machine Translation Product and Solutions
2.11.4 KantanAI Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 KantanAI Recent Developments and Future Plans
2.12 Smart Communications, Inc.
2.12.1 Smart Communications, Inc. Details
2.12.2 Smart Communications, Inc. Major Business
2.12.3 Smart Communications, Inc. Machine Translation Product and Solutions
2.12.4 Smart Communications, Inc. Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Smart Communications, Inc. Recent Developments and Future Plans
2.13 LLSOLLU
2.13.1 LLSOLLU Details
2.13.2 LLSOLLU Major Business
2.13.3 LLSOLLU Machine Translation Product and Solutions
2.13.4 LLSOLLU Machine Translation Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 LLSOLLU Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Machine Translation Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Machine Translation by Company Revenue
3.2.2 Top 3 Machine Translation Players Market Share in 2023
3.2.3 Top 6 Machine Translation Players Market Share in 2023
3.3 Machine Translation Market: Overall Company Footprint Analysis
3.3.1 Machine Translation Market: Region Footprint
3.3.2 Machine Translation Market: Company Product Type Footprint
3.3.3 Machine Translation Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Machine Translation Consumption Value and Market Share by Type (2019-2024)
4.2 Global Machine Translation Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Machine Translation Consumption Value Market Share by Application (2019-2024)
5.2 Global Machine Translation Market Forecast by Application (2025-2030)
6 North America
6.1 North America Machine Translation Consumption Value by Type (2019-2030)
6.2 North America Machine Translation Consumption Value by Application (2019-2030)
6.3 North America Machine Translation Market Size by Country
6.3.1 North America Machine Translation Consumption Value by Country (2019-2030)
6.3.2 United States Machine Translation Market Size and Forecast (2019-2030)
6.3.3 Canada Machine Translation Market Size and Forecast (2019-2030)
6.3.4 Mexico Machine Translation Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Machine Translation Consumption Value by Type (2019-2030)
7.2 Europe Machine Translation Consumption Value by Application (2019-2030)
7.3 Europe Machine Translation Market Size by Country
7.3.1 Europe Machine Translation Consumption Value by Country (2019-2030)
7.3.2 Germany Machine Translation Market Size and Forecast (2019-2030)
7.3.3 France Machine Translation Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Machine Translation Market Size and Forecast (2019-2030)
7.3.5 Russia Machine Translation Market Size and Forecast (2019-2030)
7.3.6 Italy Machine Translation Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Machine Translation Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Machine Translation Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Machine Translation Market Size by Region
8.3.1 Asia-Pacific Machine Translation Consumption Value by Region (2019-2030)
8.3.2 China Machine Translation Market Size and Forecast (2019-2030)
8.3.3 Japan Machine Translation Market Size and Forecast (2019-2030)
8.3.4 South Korea Machine Translation Market Size and Forecast (2019-2030)
8.3.5 India Machine Translation Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Machine Translation Market Size and Forecast (2019-2030)
8.3.7 Australia Machine Translation Market Size and Forecast (2019-2030)
9 South America
9.1 South America Machine Translation Consumption Value by Type (2019-2030)
9.2 South America Machine Translation Consumption Value by Application (2019-2030)
9.3 South America Machine Translation Market Size by Country
9.3.1 South America Machine Translation Consumption Value by Country (2019-2030)
9.3.2 Brazil Machine Translation Market Size and Forecast (2019-2030)
9.3.3 Argentina Machine Translation Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Machine Translation Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Machine Translation Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Machine Translation Market Size by Country
10.3.1 Middle East & Africa Machine Translation Consumption Value by Country (2019-2030)
10.3.2 Turkey Machine Translation Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Machine Translation Market Size and Forecast (2019-2030)
10.3.4 UAE Machine Translation Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Machine Translation Market Drivers
11.2 Machine Translation Market Restraints
11.3 Machine Translation Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Machine Translation Industry Chain
12.2 Machine Translation Upstream Analysis
12.3 Machine Translation Midstream Analysis
12.4 Machine Translation Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Companies Mentioned:

Google
RWS
Microsoft
Lionbridge
AWS
IBM
Omniscien Technologies
Baidu
Tencent Cloud TMT
Alibaba Cloud
KantanAI
Smart Communications, Inc.
LLSOLLU

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