Global Machine Translation (MT) System Market Research Report 2024

Publication ID:

PB503240937

Publication Date:

March 22, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

IT Services [2]

Computing & Electronics [3]

Description:

Machine translation (also known as MT) is a fully automated process of translating content from one language into another using machine translation engines.
The global Machine Translation (MT) System market was valued at US$ 718.9 million in 2023 and is anticipated to reach US$ 1627.5 million by 2030, witnessing a CAGR of 12.2% during the forecast period 2024-2030.
Machine Translation (MT) has been around for decades. In recent years, it has evolved at an exponential rate. As companies produce ever-growing amounts of content in different languages, they have come to see MT as an opportunity to extend their reach in an increasingly globalized world.
This report aims to provide a comprehensive presentation of the global market for Machine Translation (MT) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Machine Translation (MT) System.
Report Scope
The Machine Translation (MT) System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Machine Translation (MT) System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Machine Translation (MT) System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Google
Microsoft
Amazon
DeepL
AppTek
Yandex
Asia Online Pte Ltd.
Cloudwords Inc.
IBM Corporation
Lighthouse IP Group
Lingo24 Ltd.
Lingotek Inc.
Lionbridge Technologies Inc.
Segment by Type
Statistical Machine Translation (SMT)
Rule-based Machine Translation (RBMT)
Hybrid Machine Translation
Neural Machine Translation
Segment by Application
Automotive
Military & Defense
Electronics
Healthcare
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Machine Translation (MT) System companies鈥� competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

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

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Machine Translation (MT) System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Statistical Machine Translation (SMT)
1.2.3 Rule-based Machine Translation (RBMT)
1.2.4 Hybrid Machine Translation
1.2.5 Neural Machine Translation
1.3 Market by Application
1.3.1 Global Machine Translation (MT) System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Automotive
1.3.3 Military & Defense
1.3.4 Electronics
1.3.5 Healthcare
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Machine Translation (MT) System Market Perspective (2019-2030)
2.2 Machine Translation (MT) System Growth Trends by Region
2.2.1 Global Machine Translation (MT) System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Machine Translation (MT) System Historic Market Size by Region (2019-2024)
2.2.3 Machine Translation (MT) System Forecasted Market Size by Region (2025-2030)
2.3 Machine Translation (MT) System Market Dynamics
2.3.1 Machine Translation (MT) System Industry Trends
2.3.2 Machine Translation (MT) System Market Drivers
2.3.3 Machine Translation (MT) System Market Challenges
2.3.4 Machine Translation (MT) System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Machine Translation (MT) System Players by Revenue
3.1.1 Global Top Machine Translation (MT) System Players by Revenue (2019-2024)
3.1.2 Global Machine Translation (MT) System Revenue Market Share by Players (2019-2024)
3.2 Global Machine Translation (MT) System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Machine Translation (MT) System Revenue
3.4 Global Machine Translation (MT) System Market Concentration Ratio
3.4.1 Global Machine Translation (MT) System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Machine Translation (MT) System Revenue in 2023
3.5 Machine Translation (MT) System Key Players Head office and Area Served
3.6 Key Players Machine Translation (MT) System Product Solution and Service
3.7 Date of Enter into Machine Translation (MT) System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Machine Translation (MT) System Breakdown Data by Type
4.1 Global Machine Translation (MT) System Historic Market Size by Type (2019-2024)
4.2 Global Machine Translation (MT) System Forecasted Market Size by Type (2025-2030)
5 Machine Translation (MT) System Breakdown Data by Application
5.1 Global Machine Translation (MT) System Historic Market Size by Application (2019-2024)
5.2 Global Machine Translation (MT) System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Machine Translation (MT) System Market Size (2019-2030)
6.2 North America Machine Translation (MT) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Machine Translation (MT) System Market Size by Country (2019-2024)
6.4 North America Machine Translation (MT) System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Machine Translation (MT) System Market Size (2019-2030)
7.2 Europe Machine Translation (MT) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Machine Translation (MT) System Market Size by Country (2019-2024)
7.4 Europe Machine Translation (MT) System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Machine Translation (MT) System Market Size (2019-2030)
8.2 Asia-Pacific Machine Translation (MT) System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Machine Translation (MT) System Market Size by Region (2019-2024)
8.4 Asia-Pacific Machine Translation (MT) System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Machine Translation (MT) System Market Size (2019-2030)
9.2 Latin America Machine Translation (MT) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Machine Translation (MT) System Market Size by Country (2019-2024)
9.4 Latin America Machine Translation (MT) System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Machine Translation (MT) System Market Size (2019-2030)
10.2 Middle East & Africa Machine Translation (MT) System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Machine Translation (MT) System Market Size by Country (2019-2024)
10.4 Middle East & Africa Machine Translation (MT) System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Google
11.1.1 Google Company Detail
11.1.2 Google Business Overview
11.1.3 Google Machine Translation (MT) System Introduction
11.1.4 Google Revenue in Machine Translation (MT) System Business (2019-2024)
11.1.5 Google Recent Development
11.2 Microsoft
11.2.1 Microsoft Company Detail
11.2.2 Microsoft Business Overview
11.2.3 Microsoft Machine Translation (MT) System Introduction
11.2.4 Microsoft Revenue in Machine Translation (MT) System Business (2019-2024)
11.2.5 Microsoft Recent Development
11.3 Amazon
11.3.1 Amazon Company Detail
11.3.2 Amazon Business Overview
11.3.3 Amazon Machine Translation (MT) System Introduction
11.3.4 Amazon Revenue in Machine Translation (MT) System Business (2019-2024)
11.3.5 Amazon Recent Development
11.4 DeepL
11.4.1 DeepL Company Detail
11.4.2 DeepL Business Overview
11.4.3 DeepL Machine Translation (MT) System Introduction
11.4.4 DeepL Revenue in Machine Translation (MT) System Business (2019-2024)
11.4.5 DeepL Recent Development
11.5 AppTek
11.5.1 AppTek Company Detail
11.5.2 AppTek Business Overview
11.5.3 AppTek Machine Translation (MT) System Introduction
11.5.4 AppTek Revenue in Machine Translation (MT) System Business (2019-2024)
11.5.5 AppTek Recent Development
11.6 Yandex
11.6.1 Yandex Company Detail
11.6.2 Yandex Business Overview
11.6.3 Yandex Machine Translation (MT) System Introduction
11.6.4 Yandex Revenue in Machine Translation (MT) System Business (2019-2024)
11.6.5 Yandex Recent Development
11.7 Asia Online Pte Ltd.
11.7.1 Asia Online Pte Ltd. Company Detail
11.7.2 Asia Online Pte Ltd. Business Overview
11.7.3 Asia Online Pte Ltd. Machine Translation (MT) System Introduction
11.7.4 Asia Online Pte Ltd. Revenue in Machine Translation (MT) System Business (2019-2024)
11.7.5 Asia Online Pte Ltd. Recent Development
11.8 Cloudwords Inc.
11.8.1 Cloudwords Inc. Company Detail
11.8.2 Cloudwords Inc. Business Overview
11.8.3 Cloudwords Inc. Machine Translation (MT) System Introduction
11.8.4 Cloudwords Inc. Revenue in Machine Translation (MT) System Business (2019-2024)
11.8.5 Cloudwords Inc. Recent Development
11.9 IBM Corporation
11.9.1 IBM Corporation Company Detail
11.9.2 IBM Corporation Business Overview
11.9.3 IBM Corporation Machine Translation (MT) System Introduction
11.9.4 IBM Corporation Revenue in Machine Translation (MT) System Business (2019-2024)
11.9.5 IBM Corporation Recent Development
11.10 Lighthouse IP Group
11.10.1 Lighthouse IP Group Company Detail
11.10.2 Lighthouse IP Group Business Overview
11.10.3 Lighthouse IP Group Machine Translation (MT) System Introduction
11.10.4 Lighthouse IP Group Revenue in Machine Translation (MT) System Business (2019-2024)
11.10.5 Lighthouse IP Group Recent Development
11.11 Lingo24 Ltd.
11.11.1 Lingo24 Ltd. Company Detail
11.11.2 Lingo24 Ltd. Business Overview
11.11.3 Lingo24 Ltd. Machine Translation (MT) System Introduction
11.11.4 Lingo24 Ltd. Revenue in Machine Translation (MT) System Business (2019-2024)
11.11.5 Lingo24 Ltd. Recent Development
11.12 Lingotek Inc.
11.12.1 Lingotek Inc. Company Detail
11.12.2 Lingotek Inc. Business Overview
11.12.3 Lingotek Inc. Machine Translation (MT) System Introduction
11.12.4 Lingotek Inc. Revenue in Machine Translation (MT) System Business (2019-2024)
11.12.5 Lingotek Inc. Recent Development
11.13 Lionbridge Technologies Inc.
11.13.1 Lionbridge Technologies Inc. Company Detail
11.13.2 Lionbridge Technologies Inc. Business Overview
11.13.3 Lionbridge Technologies Inc. Machine Translation (MT) System Introduction
11.13.4 Lionbridge Technologies Inc. Revenue in Machine Translation (MT) System Business (2019-2024)
11.13.5 Lionbridge Technologies Inc. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Companies Mentioned:

Google
Microsoft
Amazon
DeepL
AppTek
Yandex
Asia Online Pte Ltd.
Cloudwords Inc.
IBM Corporation
Lighthouse IP Group
Lingo24 Ltd.
Lingotek Inc.
Lionbridge Technologies Inc.

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