Global AI-Enabled Translation Service Supply, Demand and Key Producers, 2024-2030
Page: 114
Published Date: 10 Feb 2024
Category: Service & Software
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global AI-Enabled Translation Service market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate €9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.20%, including software, hardware and services.
AI-enabled translation services is defined as being able to leverage AI methods to improve the speed, quality and cost of the language translation workflows.
This report studies the global AI-Enabled Translation Service demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for AI-Enabled Translation Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of AI-Enabled Translation Service that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global AI-Enabled Translation Service total market, 2019-2030, (USD Million)
Global AI-Enabled Translation Service total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: AI-Enabled Translation Service total market, key domestic companies and share, (USD Million)
Global AI-Enabled Translation Service revenue by player and market share 2019-2024, (USD Million)
Global AI-Enabled Translation Service total market by Type, CAGR, 2019-2030, (USD Million)
Global AI-Enabled Translation Service total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global AI-Enabled Translation Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AppTek, Global Tone Communication, Language I/O, Lilt, MemSource, ModelFront, RWS, SYSTRAN and Tarjama, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World AI-Enabled Translation Service market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global AI-Enabled Translation Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global AI-Enabled Translation Service Market, Segmentation by Type
Online Service
Offline Service
Global AI-Enabled Translation Service Market, Segmentation by Application
Large Enterprises
SMEs
Companies Profiled:
AppTek
Global Tone Communication
Language I/O
Lilt
MemSource
ModelFront
RWS
SYSTRAN
Tarjama
Translated
TransPerfect
Unbabel
XTM International
Key Questions Answered
1. How big is the global AI-Enabled Translation Service market?
2. What is the demand of the global AI-Enabled Translation Service market?
3. What is the year over year growth of the global AI-Enabled Translation Service market?
4. What is the total value of the global AI-Enabled Translation Service market?
5. Who are the major players in the global AI-Enabled Translation Service market?
Table of Contents
1 Supply Summary
1.1 AI-Enabled Translation Service Introduction
1.2 World AI-Enabled Translation Service Market Size & Forecast (2019 & 2023 & 2030)
1.3 World AI-Enabled Translation Service Total Market by Region (by Headquarter Location)
1.3.1 World AI-Enabled Translation Service Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States AI-Enabled Translation Service Market Size (2019-2030)
1.3.3 China AI-Enabled Translation Service Market Size (2019-2030)
1.3.4 Europe AI-Enabled Translation Service Market Size (2019-2030)
1.3.5 Japan AI-Enabled Translation Service Market Size (2019-2030)
1.3.6 South Korea AI-Enabled Translation Service Market Size (2019-2030)
1.3.7 ASEAN AI-Enabled Translation Service Market Size (2019-2030)
1.3.8 India AI-Enabled Translation Service Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 AI-Enabled Translation Service Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 AI-Enabled Translation Service Major Market Trends
2.1 World AI-Enabled Translation Service Consumption Value (2019-2030)
2.2 World AI-Enabled Translation Service Consumption Value by Region
2.2.1 World AI-Enabled Translation Service Consumption Value by Region (2019-2024)
2.2.2 World AI-Enabled Translation Service Consumption Value Forecast by Region (2025-2030)
2.3 United States AI-Enabled Translation Service Consumption Value (2019-2030)
2.4 China AI-Enabled Translation Service Consumption Value (2019-2030)
2.5 Europe AI-Enabled Translation Service Consumption Value (2019-2030)
2.6 Japan AI-Enabled Translation Service Consumption Value (2019-2030)
2.7 South Korea AI-Enabled Translation Service Consumption Value (2019-2030)
2.8 ASEAN AI-Enabled Translation Service Consumption Value (2019-2030)
2.9 India AI-Enabled Translation Service Consumption Value (2019-2030)
3.1 World AI-Enabled Translation Service Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global AI-Enabled Translation Service Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for AI-Enabled Translation Service in 2023
3.2.3 Global Concentration Ratios (CR8) for AI-Enabled Translation Service in 2023
3.3 AI-Enabled Translation Service Company Evaluation Quadrant
3.4 AI-Enabled Translation Service Market: Overall Company Footprint Analysis
3.4.1 AI-Enabled Translation Service Market: Region Footprint
3.4.2 AI-Enabled Translation Service Market: Company Product Type Footprint
3.4.3 AI-Enabled Translation Service Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: AI-Enabled Translation Service Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: AI-Enabled Translation Service Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: AI-Enabled Translation Service Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: AI-Enabled Translation Service Consumption Value Comparison
4.2.1 United States VS China: AI-Enabled Translation Service Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: AI-Enabled Translation Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based AI-Enabled Translation Service Companies and Market Share, 2019-2024
4.3.1 United States Based AI-Enabled Translation Service Companies, Headquarters (States, Country)
4.3.2 United States Based Companies AI-Enabled Translation Service Revenue, (2019-2024)
4.4 China Based Companies AI-Enabled Translation Service Revenue and Market Share, 2019-2024
4.4.1 China Based AI-Enabled Translation Service Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies AI-Enabled Translation Service Revenue, (2019-2024)
4.5 Rest of World Based AI-Enabled Translation Service Companies and Market Share, 2019-2024
4.5.1 Rest of World Based AI-Enabled Translation Service Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies AI-Enabled Translation Service Revenue, (2019-2024)
5.1 World AI-Enabled Translation Service Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Online Service
5.2.2 Offline Service
5.3 Market Segment by Type
5.3.1 World AI-Enabled Translation Service Market Size by Type (2019-2024)
5.3.2 World AI-Enabled Translation Service Market Size by Type (2025-2030)
5.3.3 World AI-Enabled Translation Service Market Size Market Share by Type (2019-2030)
6.1 World AI-Enabled Translation Service Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Segment by Application
6.3.1 World AI-Enabled Translation Service Market Size by Application (2019-2024)
6.3.2 World AI-Enabled Translation Service Market Size by Application (2025-2030)
6.3.3 World AI-Enabled Translation Service Market Size by Application (2019-2030)
7.1 AppTek
7.1.1 AppTek Details
7.1.2 AppTek Major Business
7.1.3 AppTek AI-Enabled Translation Service Product and Services
7.1.4 AppTek AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 AppTek Recent Developments/Updates
7.1.6 AppTek Competitive Strengths & Weaknesses
7.2 Global Tone Communication
7.2.1 Global Tone Communication Details
7.2.2 Global Tone Communication Major Business
7.2.3 Global Tone Communication AI-Enabled Translation Service Product and Services
7.2.4 Global Tone Communication AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Global Tone Communication Recent Developments/Updates
7.2.6 Global Tone Communication Competitive Strengths & Weaknesses
7.3 Language I/O
7.3.1 Language I/O Details
7.3.2 Language I/O Major Business
7.3.3 Language I/O AI-Enabled Translation Service Product and Services
7.3.4 Language I/O AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Language I/O Recent Developments/Updates
7.3.6 Language I/O Competitive Strengths & Weaknesses
7.4 Lilt
7.4.1 Lilt Details
7.4.2 Lilt Major Business
7.4.3 Lilt AI-Enabled Translation Service Product and Services
7.4.4 Lilt AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Lilt Recent Developments/Updates
7.4.6 Lilt Competitive Strengths & Weaknesses
7.5 MemSource
7.5.1 MemSource Details
7.5.2 MemSource Major Business
7.5.3 MemSource AI-Enabled Translation Service Product and Services
7.5.4 MemSource AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 MemSource Recent Developments/Updates
7.5.6 MemSource Competitive Strengths & Weaknesses
7.6 ModelFront
7.6.1 ModelFront Details
7.6.2 ModelFront Major Business
7.6.3 ModelFront AI-Enabled Translation Service Product and Services
7.6.4 ModelFront AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 ModelFront Recent Developments/Updates
7.6.6 ModelFront Competitive Strengths & Weaknesses
7.7 RWS
7.7.1 RWS Details
7.7.2 RWS Major Business
7.7.3 RWS AI-Enabled Translation Service Product and Services
7.7.4 RWS AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 RWS Recent Developments/Updates
7.7.6 RWS Competitive Strengths & Weaknesses
7.8 SYSTRAN
7.8.1 SYSTRAN Details
7.8.2 SYSTRAN Major Business
7.8.3 SYSTRAN AI-Enabled Translation Service Product and Services
7.8.4 SYSTRAN AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 SYSTRAN Recent Developments/Updates
7.8.6 SYSTRAN Competitive Strengths & Weaknesses
7.9 Tarjama
7.9.1 Tarjama Details
7.9.2 Tarjama Major Business
7.9.3 Tarjama AI-Enabled Translation Service Product and Services
7.9.4 Tarjama AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Tarjama Recent Developments/Updates
7.9.6 Tarjama Competitive Strengths & Weaknesses
7.10 Translated
7.10.1 Translated Details
7.10.2 Translated Major Business
7.10.3 Translated AI-Enabled Translation Service Product and Services
7.10.4 Translated AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Translated Recent Developments/Updates
7.10.6 Translated Competitive Strengths & Weaknesses
7.11 TransPerfect
7.11.1 TransPerfect Details
7.11.2 TransPerfect Major Business
7.11.3 TransPerfect AI-Enabled Translation Service Product and Services
7.11.4 TransPerfect AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 TransPerfect Recent Developments/Updates
7.11.6 TransPerfect Competitive Strengths & Weaknesses
7.12 Unbabel
7.12.1 Unbabel Details
7.12.2 Unbabel Major Business
7.12.3 Unbabel AI-Enabled Translation Service Product and Services
7.12.4 Unbabel AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Unbabel Recent Developments/Updates
7.12.6 Unbabel Competitive Strengths & Weaknesses
7.13 XTM International
7.13.1 XTM International Details
7.13.2 XTM International Major Business
7.13.3 XTM International AI-Enabled Translation Service Product and Services
7.13.4 XTM International AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 XTM International Recent Developments/Updates
7.13.6 XTM International Competitive Strengths & Weaknesses
8.1 AI-Enabled Translation Service Industry Chain
8.2 AI-Enabled Translation Service Upstream Analysis
8.3 AI-Enabled Translation Service Midstream Analysis
8.4 AI-Enabled Translation Service Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World AI-Enabled Translation Service Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World AI-Enabled Translation Service Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World AI-Enabled Translation Service Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World AI-Enabled Translation Service Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World AI-Enabled Translation Service Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World AI-Enabled Translation Service Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World AI-Enabled Translation Service Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World AI-Enabled Translation Service Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World AI-Enabled Translation Service Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key AI-Enabled Translation Service Players in 2023
Table 12. World AI-Enabled Translation Service Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global AI-Enabled Translation Service Company Evaluation Quadrant
Table 14. Head Office of Key AI-Enabled Translation Service Player
Table 15. AI-Enabled Translation Service Market: Company Product Type Footprint
Table 16. AI-Enabled Translation Service Market: Company Product Application Footprint
Table 17. AI-Enabled Translation Service Mergers & Acquisitions Activity
Table 18. United States VS China AI-Enabled Translation Service Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China AI-Enabled Translation Service Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based AI-Enabled Translation Service Companies, Headquarters (States, Country)
Table 21. United States Based Companies AI-Enabled Translation Service Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies AI-Enabled Translation Service Revenue Market Share (2019-2024)
Table 23. China Based AI-Enabled Translation Service Companies, Headquarters (Province, Country)
Table 24. China Based Companies AI-Enabled Translation Service Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies AI-Enabled Translation Service Revenue Market Share (2019-2024)
Table 26. Rest of World Based AI-Enabled Translation Service Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies AI-Enabled Translation Service Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies AI-Enabled Translation Service Revenue Market Share (2019-2024)
Table 29. World AI-Enabled Translation Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World AI-Enabled Translation Service Market Size by Type (2019-2024) & (USD Million)
Table 31. World AI-Enabled Translation Service Market Size by Type (2025-2030) & (USD Million)
Table 32. World AI-Enabled Translation Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World AI-Enabled Translation Service Market Size by Application (2019-2024) & (USD Million)
Table 34. World AI-Enabled Translation Service Market Size by Application (2025-2030) & (USD Million)
Table 35. AppTek Basic Information, Area Served and Competitors
Table 36. AppTek Major Business
Table 37. AppTek AI-Enabled Translation Service Product and Services
Table 38. AppTek AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. AppTek Recent Developments/Updates
Table 40. AppTek Competitive Strengths & Weaknesses
Table 41. Global Tone Communication Basic Information, Area Served and Competitors
Table 42. Global Tone Communication Major Business
Table 43. Global Tone Communication AI-Enabled Translation Service Product and Services
Table 44. Global Tone Communication AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Global Tone Communication Recent Developments/Updates
Table 46. Global Tone Communication Competitive Strengths & Weaknesses
Table 47. Language I/O Basic Information, Area Served and Competitors
Table 48. Language I/O Major Business
Table 49. Language I/O AI-Enabled Translation Service Product and Services
Table 50. Language I/O AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Language I/O Recent Developments/Updates
Table 52. Language I/O Competitive Strengths & Weaknesses
Table 53. Lilt Basic Information, Area Served and Competitors
Table 54. Lilt Major Business
Table 55. Lilt AI-Enabled Translation Service Product and Services
Table 56. Lilt AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Lilt Recent Developments/Updates
Table 58. Lilt Competitive Strengths & Weaknesses
Table 59. MemSource Basic Information, Area Served and Competitors
Table 60. MemSource Major Business
Table 61. MemSource AI-Enabled Translation Service Product and Services
Table 62. MemSource AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. MemSource Recent Developments/Updates
Table 64. MemSource Competitive Strengths & Weaknesses
Table 65. ModelFront Basic Information, Area Served and Competitors
Table 66. ModelFront Major Business
Table 67. ModelFront AI-Enabled Translation Service Product and Services
Table 68. ModelFront AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. ModelFront Recent Developments/Updates
Table 70. ModelFront Competitive Strengths & Weaknesses
Table 71. RWS Basic Information, Area Served and Competitors
Table 72. RWS Major Business
Table 73. RWS AI-Enabled Translation Service Product and Services
Table 74. RWS AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. RWS Recent Developments/Updates
Table 76. RWS Competitive Strengths & Weaknesses
Table 77. SYSTRAN Basic Information, Area Served and Competitors
Table 78. SYSTRAN Major Business
Table 79. SYSTRAN AI-Enabled Translation Service Product and Services
Table 80. SYSTRAN AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. SYSTRAN Recent Developments/Updates
Table 82. SYSTRAN Competitive Strengths & Weaknesses
Table 83. Tarjama Basic Information, Area Served and Competitors
Table 84. Tarjama Major Business
Table 85. Tarjama AI-Enabled Translation Service Product and Services
Table 86. Tarjama AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Tarjama Recent Developments/Updates
Table 88. Tarjama Competitive Strengths & Weaknesses
Table 89. Translated Basic Information, Area Served and Competitors
Table 90. Translated Major Business
Table 91. Translated AI-Enabled Translation Service Product and Services
Table 92. Translated AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Translated Recent Developments/Updates
Table 94. Translated Competitive Strengths & Weaknesses
Table 95. TransPerfect Basic Information, Area Served and Competitors
Table 96. TransPerfect Major Business
Table 97. TransPerfect AI-Enabled Translation Service Product and Services
Table 98. TransPerfect AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. TransPerfect Recent Developments/Updates
Table 100. TransPerfect Competitive Strengths & Weaknesses
Table 101. Unbabel Basic Information, Area Served and Competitors
Table 102. Unbabel Major Business
Table 103. Unbabel AI-Enabled Translation Service Product and Services
Table 104. Unbabel AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. Unbabel Recent Developments/Updates
Table 106. XTM International Basic Information, Area Served and Competitors
Table 107. XTM International Major Business
Table 108. XTM International AI-Enabled Translation Service Product and Services
Table 109. XTM International AI-Enabled Translation Service Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 110. Global Key Players of AI-Enabled Translation Service Upstream (Raw Materials)
Table 111. AI-Enabled Translation Service Typical Customers
List of Figure
Figure 1. AI-Enabled Translation Service Picture
Figure 2. World AI-Enabled Translation Service Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World AI-Enabled Translation Service Total Market Size (2019-2030) & (USD Million)
Figure 4. World AI-Enabled Translation Service Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World AI-Enabled Translation Service Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company AI-Enabled Translation Service Revenue (2019-2030) & (USD Million)
Figure 13. AI-Enabled Translation Service Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 16. World AI-Enabled Translation Service Consumption Value Market Share by Region (2019-2030)
Figure 17. United States AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 18. China AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 23. India AI-Enabled Translation Service Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of AI-Enabled Translation Service by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for AI-Enabled Translation Service Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for AI-Enabled Translation Service Markets in 2023
Figure 27. United States VS China: AI-Enabled Translation Service Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: AI-Enabled Translation Service Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World AI-Enabled Translation Service Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World AI-Enabled Translation Service Market Size Market Share by Type in 2023
Figure 31. Online Service
Figure 32. Offline Service
Figure 33. World AI-Enabled Translation Service Market Size Market Share by Type (2019-2030)
Figure 34. World AI-Enabled Translation Service Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World AI-Enabled Translation Service Market Size Market Share by Application in 2023
Figure 36. Large Enterprises
Figure 37. SMEs
Figure 38. AI-Enabled Translation Service Industrial Chain
Figure 39. Methodology
Figure 40. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
AppTek Global Tone Communication Language I/O Lilt MemSource ModelFront RWS SYSTRAN Tarjama Translated TransPerfect Unbabel XTM International
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