AI-Enabled Translation Service Market, Global Outlook and Forecast 2022-2028

April 2022 | 60 pages | ID: A7782BCE1448EN
Market Monitor Global

Abstracts

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 contains market size and forecasts of AI-Enabled Translation Service in Global, including the following market information:

Global AI-Enabled Translation Service Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global AI-Enabled Translation Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Online Service Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of AI-Enabled Translation Service include AppTek, Global Tone Communication, Language I/O, Lilt, MemSource, ModelFront, RWS, SYSTRAN and Tarjama, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the AI-Enabled Translation Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global AI-Enabled Translation Service Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global AI-Enabled Translation Service Market Segment Percentages, by Type, 2021 (%)

• Online Service
• Offline Service

Global AI-Enabled Translation Service Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global AI-Enabled Translation Service Market Segment Percentages, by Application, 2021 (%)

• Large Enterprises
• SMEs

Global AI-Enabled Translation Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global AI-Enabled Translation Service Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies AI-Enabled Translation Service revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies AI-Enabled Translation Service revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• AppTek
• Global Tone Communication
• Language I/O
• Lilt
• MemSource
• ModelFront
• RWS
• SYSTRAN
• Tarjama
• Translated
• TransPerfect
• Unbabel
• XTM International

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 AI-Enabled Translation Service Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global AI-Enabled Translation Service Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL AI-ENABLED TRANSLATION SERVICE OVERALL MARKET SIZE

2.1 Global AI-Enabled Translation Service Market Size: 2021 VS 2028
2.2 Global AI-Enabled Translation Service Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top AI-Enabled Translation Service Players in Global Market
3.2 Top Global AI-Enabled Translation Service Companies Ranked by Revenue
3.3 Global AI-Enabled Translation Service Revenue by Companies
3.4 Top 3 and Top 5 AI-Enabled Translation Service Companies in Global Market, by Revenue in 2021
3.5 Global Companies AI-Enabled Translation Service Product Type
3.6 Tier 1, Tier 2 and Tier 3 AI-Enabled Translation Service Players in Global Market
  3.6.1 List of Global Tier 1 AI-Enabled Translation Service Companies
  3.6.2 List of Global Tier 2 and Tier 3 AI-Enabled Translation Service Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global AI-Enabled Translation Service Market Size Markets, 2021 & 2028
  4.1.2 Online Service
  4.1.3 Offline Service
4.2 By Type - Global AI-Enabled Translation Service Revenue & Forecasts
  4.2.1 By Type - Global AI-Enabled Translation Service Revenue, 2017-2022
  4.2.2 By Type - Global AI-Enabled Translation Service Revenue, 2023-2028
  4.2.3 By Type - Global AI-Enabled Translation Service Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global AI-Enabled Translation Service Market Size, 2021 & 2028
  5.1.2 Large Enterprises
  5.1.3 SMEs
5.2 By Application - Global AI-Enabled Translation Service Revenue & Forecasts
  5.2.1 By Application - Global AI-Enabled Translation Service Revenue, 2017-2022
  5.2.2 By Application - Global AI-Enabled Translation Service Revenue, 2023-2028
  5.2.3 By Application - Global AI-Enabled Translation Service Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global AI-Enabled Translation Service Market Size, 2021 & 2028
6.2 By Region - Global AI-Enabled Translation Service Revenue & Forecasts
  6.2.1 By Region - Global AI-Enabled Translation Service Revenue, 2017-2022
  6.2.2 By Region - Global AI-Enabled Translation Service Revenue, 2023-2028
  6.2.3 By Region - Global AI-Enabled Translation Service Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America AI-Enabled Translation Service Revenue, 2017-2028
  6.3.2 US AI-Enabled Translation Service Market Size, 2017-2028
  6.3.3 Canada AI-Enabled Translation Service Market Size, 2017-2028
  6.3.4 Mexico AI-Enabled Translation Service Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe AI-Enabled Translation Service Revenue, 2017-2028
  6.4.2 Germany AI-Enabled Translation Service Market Size, 2017-2028
  6.4.3 France AI-Enabled Translation Service Market Size, 2017-2028
  6.4.4 U.K. AI-Enabled Translation Service Market Size, 2017-2028
  6.4.5 Italy AI-Enabled Translation Service Market Size, 2017-2028
  6.4.6 Russia AI-Enabled Translation Service Market Size, 2017-2028
  6.4.7 Nordic Countries AI-Enabled Translation Service Market Size, 2017-2028
  6.4.8 Benelux AI-Enabled Translation Service Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia AI-Enabled Translation Service Revenue, 2017-2028
  6.5.2 China AI-Enabled Translation Service Market Size, 2017-2028
  6.5.3 Japan AI-Enabled Translation Service Market Size, 2017-2028
  6.5.4 South Korea AI-Enabled Translation Service Market Size, 2017-2028
  6.5.5 Southeast Asia AI-Enabled Translation Service Market Size, 2017-2028
  6.5.6 India AI-Enabled Translation Service Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America AI-Enabled Translation Service Revenue, 2017-2028
  6.6.2 Brazil AI-Enabled Translation Service Market Size, 2017-2028
  6.6.3 Argentina AI-Enabled Translation Service Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa AI-Enabled Translation Service Revenue, 2017-2028
  6.7.2 Turkey AI-Enabled Translation Service Market Size, 2017-2028
  6.7.3 Israel AI-Enabled Translation Service Market Size, 2017-2028
  6.7.4 Saudi Arabia AI-Enabled Translation Service Market Size, 2017-2028
  6.7.5 UAE AI-Enabled Translation Service Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 AppTek
  7.1.1 AppTek Corporate Summary
  7.1.2 AppTek Business Overview
  7.1.3 AppTek AI-Enabled Translation Service Major Product Offerings
  7.1.4 AppTek AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.1.5 AppTek Key News
7.2 Global Tone Communication
  7.2.1 Global Tone Communication Corporate Summary
  7.2.2 Global Tone Communication Business Overview
  7.2.3 Global Tone Communication AI-Enabled Translation Service Major Product Offerings
  7.2.4 Global Tone Communication AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.2.5 Global Tone Communication Key News
7.3 Language I/O
  7.3.1 Language I/O Corporate Summary
  7.3.2 Language I/O Business Overview
  7.3.3 Language I/O AI-Enabled Translation Service Major Product Offerings
  7.3.4 Language I/O AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.3.5 Language I/O Key News
7.4 Lilt
  7.4.1 Lilt Corporate Summary
  7.4.2 Lilt Business Overview
  7.4.3 Lilt AI-Enabled Translation Service Major Product Offerings
  7.4.4 Lilt AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.4.5 Lilt Key News
7.5 MemSource
  7.5.1 MemSource Corporate Summary
  7.5.2 MemSource Business Overview
  7.5.3 MemSource AI-Enabled Translation Service Major Product Offerings
  7.5.4 MemSource AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.5.5 MemSource Key News
7.6 ModelFront
  7.6.1 ModelFront Corporate Summary
  7.6.2 ModelFront Business Overview
  7.6.3 ModelFront AI-Enabled Translation Service Major Product Offerings
  7.6.4 ModelFront AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.6.5 ModelFront Key News
7.7 RWS
  7.7.1 RWS Corporate Summary
  7.7.2 RWS Business Overview
  7.7.3 RWS AI-Enabled Translation Service Major Product Offerings
  7.7.4 RWS AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.7.5 RWS Key News
7.8 SYSTRAN
  7.8.1 SYSTRAN Corporate Summary
  7.8.2 SYSTRAN Business Overview
  7.8.3 SYSTRAN AI-Enabled Translation Service Major Product Offerings
  7.8.4 SYSTRAN AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.8.5 SYSTRAN Key News
7.9 Tarjama
  7.9.1 Tarjama Corporate Summary
  7.9.2 Tarjama Business Overview
  7.9.3 Tarjama AI-Enabled Translation Service Major Product Offerings
  7.9.4 Tarjama AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.9.5 Tarjama Key News
7.10 Translated
  7.10.1 Translated Corporate Summary
  7.10.2 Translated Business Overview
  7.10.3 Translated AI-Enabled Translation Service Major Product Offerings
  7.10.4 Translated AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.10.5 Translated Key News
7.11 TransPerfect
  7.11.1 TransPerfect Corporate Summary
  7.11.2 TransPerfect Business Overview
  7.11.3 TransPerfect AI-Enabled Translation Service Major Product Offerings
  7.11.4 TransPerfect AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.11.5 TransPerfect Key News
7.12 Unbabel
  7.12.1 Unbabel Corporate Summary
  7.12.2 Unbabel Business Overview
  7.12.3 Unbabel AI-Enabled Translation Service Major Product Offerings
  7.12.4 Unbabel AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.12.5 Unbabel Key News
7.13 XTM International
  7.13.1 XTM International Corporate Summary
  7.13.2 XTM International Business Overview
  7.13.3 XTM International AI-Enabled Translation Service Major Product Offerings
  7.13.4 XTM International AI-Enabled Translation Service Revenue in Global Market (2017-2022)
  7.13.5 XTM International Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. AI-Enabled Translation Service Market Opportunities & Trends in Global Market
Table 2. AI-Enabled Translation Service Market Drivers in Global Market
Table 3. AI-Enabled Translation Service Market Restraints in Global Market
Table 4. Key Players of AI-Enabled Translation Service in Global Market
Table 5. Top AI-Enabled Translation Service Players in Global Market, Ranking by Revenue (2021)
Table 6. Global AI-Enabled Translation Service Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global AI-Enabled Translation Service Revenue Share by Companies, 2017-2022
Table 8. Global Companies AI-Enabled Translation Service Product Type
Table 9. List of Global Tier 1 AI-Enabled Translation Service Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 AI-Enabled Translation Service Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global AI-Enabled Translation Service Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - AI-Enabled Translation Service Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - AI-Enabled Translation Service Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global AI-Enabled Translation Service Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - AI-Enabled Translation Service Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - AI-Enabled Translation Service Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global AI-Enabled Translation Service Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global AI-Enabled Translation Service Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global AI-Enabled Translation Service Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America AI-Enabled Translation Service Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe AI-Enabled Translation Service Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia AI-Enabled Translation Service Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America AI-Enabled Translation Service Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa AI-Enabled Translation Service Revenue, (US$, Mn), 2023-2028
Table 30. AppTek Corporate Summary
Table 31. AppTek AI-Enabled Translation Service Product Offerings
Table 32. AppTek AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 33. Global Tone Communication Corporate Summary
Table 34. Global Tone Communication AI-Enabled Translation Service Product Offerings
Table 35. Global Tone Communication AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 36. Language I/O Corporate Summary
Table 37. Language I/O AI-Enabled Translation Service Product Offerings
Table 38. Language I/O AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 39. Lilt Corporate Summary
Table 40. Lilt AI-Enabled Translation Service Product Offerings
Table 41. Lilt AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 42. MemSource Corporate Summary
Table 43. MemSource AI-Enabled Translation Service Product Offerings
Table 44. MemSource AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 45. ModelFront Corporate Summary
Table 46. ModelFront AI-Enabled Translation Service Product Offerings
Table 47. ModelFront AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 48. RWS Corporate Summary
Table 49. RWS AI-Enabled Translation Service Product Offerings
Table 50. RWS AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 51. SYSTRAN Corporate Summary
Table 52. SYSTRAN AI-Enabled Translation Service Product Offerings
Table 53. SYSTRAN AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 54. Tarjama Corporate Summary
Table 55. Tarjama AI-Enabled Translation Service Product Offerings
Table 56. Tarjama AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 57. Translated Corporate Summary
Table 58. Translated AI-Enabled Translation Service Product Offerings
Table 59. Translated AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 60. TransPerfect Corporate Summary
Table 61. TransPerfect AI-Enabled Translation Service Product Offerings
Table 62. TransPerfect AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 63. Unbabel Corporate Summary
Table 64. Unbabel AI-Enabled Translation Service Product Offerings
Table 65. Unbabel AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)
Table 66. XTM International Corporate Summary
Table 67. XTM International AI-Enabled Translation Service Product Offerings
Table 68. XTM International AI-Enabled Translation Service Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. AI-Enabled Translation Service Segment by Type in 2021
Figure 2. AI-Enabled Translation Service Segment by Application in 2021
Figure 3. Global AI-Enabled Translation Service Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global AI-Enabled Translation Service Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global AI-Enabled Translation Service Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by AI-Enabled Translation Service Revenue in 2021
Figure 8. By Type - Global AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 9. By Application - Global AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 10. By Region - Global AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 11. By Country - North America AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 12. US AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 13. Canada AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 16. Germany AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 17. France AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 19. Italy AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 20. Russia AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 24. China AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 25. Japan AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 28. India AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 30. Brazil AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa AI-Enabled Translation Service Revenue Market Share, 2017-2028
Figure 33. Turkey AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 34. Israel AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 36. UAE AI-Enabled Translation Service Revenue, (US$, Mn), 2017-2028
Figure 37. AppTek AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Global Tone Communication AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Language I/O AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Lilt AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. MemSource AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. ModelFront AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. RWS AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. SYSTRAN AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Tarjama AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Translated AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. TransPerfect AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Unbabel AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. XTM International AI-Enabled Translation Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)