Market Highlights:
Online translation refers to machine translation which converts one language into another. With over 6500 languages across the world, it’s humanly impossible for an individual to have a sound understanding of many of them. Online translation solutions coupled with growing digitalization and increasing internet penetration help reducing the problems caused by a language barrier. Considering the rapid growth in the international tourism industry and wide adoption in the education sector, online translation services will continue to grow. The market study is being classified by Type (Android, Ios and Windows), by Application (Automotive, Military & Defense, Electronics, IT, Healthcare and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Russia, Germany, France, Italy, United Kingdom, Netherlands, Spain, France, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Online Translation are IBM (United States), Google Translate (United States), Language Weaver (United States), Proz / KudoZ (United States), Lionbridge (United States), Asia Online Pte Ltd. (Singapore), MultiCorpora (United States), Lighthouse IP Group. (The Netherlands), Lingotek (United States), SDL (United Kingdom), Systran (Gangnam), Alchemy (India) and Kilgray Translation Technologies (MemoQ) (Hungary).

Major Market Development Highlights
In July 2018, SDL Plc. is a multinational software and professional service company, a global leader in content management and language translation software and services acquired business and assets of Donnelley Language Solution.


Key Questions Answered in the Report
What will the Online Translation Market size and the growth rate be in Future?
What are the key factors driving the Online Translation Market?
What are the key market trends and macro-economic impacting the growth of the Online Translation Market?
What are the challenges to market growth?
Who are the key vendors in the Online Translation Market?
What are the market opportunities and threats faced by the vendors in the Online Translation Market?
Trending factors influencing the market shares of the Players.
What are the key outcomes of the five forces analysis of the Online Translation Market?

Refer complete Table of Content of Online Translation Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Translation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Translation market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Software Provider, Service Provider, Association and Industrial Bodies, Professional Service Provider, Government & Research Organisation, IT Companies, Cloud Service Providers and Investors & Venture Capitalist.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.