Machine Language Translation Market, Global Outlook and Forecast 2022-2028

July 2024 | 62 pages | ID: MD6DC6B5995FEN
Market Monitor Global

Abstracts

This report contains market size and forecasts of Machine Language Translation in Global, including the following market information:

Global Machine Language Translation Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

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

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

On-premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Machine Language Translation include Bigword Group Ltd, Lionbridge, Global Linguist Solutions, Babylon Corporation, LanguageLine Solutions, Microsoft Inc. Systran, Google Inc, Cloudwords Inc and IBM Corporation. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Machine Language Translation 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 Machine Language Translation Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Machine Language Translation Market Segment Percentages, by Type, 2021 (%)

• On-premise
• Cloud-based

Global Machine Language Translation Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Machine Language Translation Market Segment Percentages, by Application, 2021 (%)

• Rule-Based Machine Translation
• Statistical-Based Machine Translation
• Hybrid Machine Translation
• Others

Global Machine Language Translation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Machine Language Translation 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 Machine Language Translation revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Machine Language Translation revenues share in global market, 2021 (%)

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

• Bigword Group Ltd
• Lionbridge
• Global Linguist Solutions
• Babylon Corporation
• LanguageLine Solutions
• Microsoft Inc. Systran
• Google Inc
• Cloudwords Inc
• IBM Corporation

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Machine Language Translation Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Machine Language Translation 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 MACHINE LANGUAGE TRANSLATION OVERALL MARKET SIZE

2.1 Global Machine Language Translation Market Size: 2021 VS 2028
2.2 Global Machine Language Translation 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 Machine Language Translation Players in Global Market
3.2 Top Global Machine Language Translation Companies Ranked by Revenue
3.3 Global Machine Language Translation Revenue by Companies
3.4 Top 3 and Top 5 Machine Language Translation Companies in Global Market, by Revenue in 2021
3.5 Global Companies Machine Language Translation Product Type
3.6 Tier 1, Tier 2 and Tier 3 Machine Language Translation Players in Global Market
  3.6.1 List of Global Tier 1 Machine Language Translation Companies
  3.6.2 List of Global Tier 2 and Tier 3 Machine Language Translation Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Machine Language Translation Market Size Markets, 2021 & 2028
  4.1.2 On-premise
  4.1.3 Cloud-based
4.2 By Type - Global Machine Language Translation Revenue & Forecasts
  4.2.1 By Type - Global Machine Language Translation Revenue, 2017-2022
  4.2.2 By Type - Global Machine Language Translation Revenue, 2023-2028
  4.2.3 By Type - Global Machine Language Translation Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Machine Language Translation Market Size, 2021 & 2028
  5.1.2 Rule-Based Machine Translation
  5.1.3 Statistical-Based Machine Translation
  5.1.4 Hybrid Machine Translation
  5.1.5 Others
5.2 By Application - Global Machine Language Translation Revenue & Forecasts
  5.2.1 By Application - Global Machine Language Translation Revenue, 2017-2022
  5.2.2 By Application - Global Machine Language Translation Revenue, 2023-2028
  5.2.3 By Application - Global Machine Language Translation Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

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

7 PLAYERS PROFILES

7.1 Bigword Group Ltd
  7.1.1 Bigword Group Ltd Corporate Summary
  7.1.2 Bigword Group Ltd Business Overview
  7.1.3 Bigword Group Ltd Machine Language Translation Major Product Offerings
  7.1.4 Bigword Group Ltd Machine Language Translation Revenue in Global Market (2017-2022)
  7.1.5 Bigword Group Ltd Key News
7.2 Lionbridge
  7.2.1 Lionbridge Corporate Summary
  7.2.2 Lionbridge Business Overview
  7.2.3 Lionbridge Machine Language Translation Major Product Offerings
  7.2.4 Lionbridge Machine Language Translation Revenue in Global Market (2017-2022)
  7.2.5 Lionbridge Key News
7.3 Global Linguist Solutions
  7.3.1 Global Linguist Solutions Corporate Summary
  7.3.2 Global Linguist Solutions Business Overview
  7.3.3 Global Linguist Solutions Machine Language Translation Major Product Offerings
  7.3.4 Global Linguist Solutions Machine Language Translation Revenue in Global Market (2017-2022)
  7.3.5 Global Linguist Solutions Key News
7.4 Babylon Corporation
  7.4.1 Babylon Corporation Corporate Summary
  7.4.2 Babylon Corporation Business Overview
  7.4.3 Babylon Corporation Machine Language Translation Major Product Offerings
  7.4.4 Babylon Corporation Machine Language Translation Revenue in Global Market (2017-2022)
  7.4.5 Babylon Corporation Key News
7.5 LanguageLine Solutions
  7.5.1 LanguageLine Solutions Corporate Summary
  7.5.2 LanguageLine Solutions Business Overview
  7.5.3 LanguageLine Solutions Machine Language Translation Major Product Offerings
  7.5.4 LanguageLine Solutions Machine Language Translation Revenue in Global Market (2017-2022)
  7.5.5 LanguageLine Solutions Key News
7.6 Microsoft Inc. Systran
  7.6.1 Microsoft Inc. Systran Corporate Summary
  7.6.2 Microsoft Inc. Systran Business Overview
  7.6.3 Microsoft Inc. Systran Machine Language Translation Major Product Offerings
  7.6.4 Microsoft Inc. Systran Machine Language Translation Revenue in Global Market (2017-2022)
  7.6.5 Microsoft Inc. Systran Key News
7.7 Google Inc
  7.7.1 Google Inc Corporate Summary
  7.7.2 Google Inc Business Overview
  7.7.3 Google Inc Machine Language Translation Major Product Offerings
  7.7.4 Google Inc Machine Language Translation Revenue in Global Market (2017-2022)
  7.7.5 Google Inc Key News
7.8 Cloudwords Inc
  7.8.1 Cloudwords Inc Corporate Summary
  7.8.2 Cloudwords Inc Business Overview
  7.8.3 Cloudwords Inc Machine Language Translation Major Product Offerings
  7.8.4 Cloudwords Inc Machine Language Translation Revenue in Global Market (2017-2022)
  7.8.5 Cloudwords Inc Key News
7.9 IBM Corporation
  7.9.1 IBM Corporation Corporate Summary
  7.9.2 IBM Corporation Business Overview
  7.9.3 IBM Corporation Machine Language Translation Major Product Offerings
  7.9.4 IBM Corporation Machine Language Translation Revenue in Global Market (2017-2022)
  7.9.5 IBM Corporation 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. Machine Language Translation Market Opportunities & Trends in Global Market
Table 2. Machine Language Translation Market Drivers in Global Market
Table 3. Machine Language Translation Market Restraints in Global Market
Table 4. Key Players of Machine Language Translation in Global Market
Table 5. Top Machine Language Translation Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Machine Language Translation Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Machine Language Translation Revenue Share by Companies, 2017-2022
Table 8. Global Companies Machine Language Translation Product Type
Table 9. List of Global Tier 1 Machine Language Translation Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Machine Language Translation Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Machine Language Translation Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Machine Language Translation Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Machine Language Translation Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Machine Language Translation Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Machine Language Translation Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Machine Language Translation Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Machine Language Translation Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Machine Language Translation Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Machine Language Translation Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Machine Language Translation Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Machine Language Translation Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Machine Language Translation Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Machine Language Translation Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Machine Language Translation Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Machine Language Translation Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Machine Language Translation Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Machine Language Translation Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Machine Language Translation Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Machine Language Translation Revenue, (US$, Mn), 2023-2028
Table 30. Bigword Group Ltd Corporate Summary
Table 31. Bigword Group Ltd Machine Language Translation Product Offerings
Table 32. Bigword Group Ltd Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 33. Lionbridge Corporate Summary
Table 34. Lionbridge Machine Language Translation Product Offerings
Table 35. Lionbridge Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 36. Global Linguist Solutions Corporate Summary
Table 37. Global Linguist Solutions Machine Language Translation Product Offerings
Table 38. Global Linguist Solutions Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 39. Babylon Corporation Corporate Summary
Table 40. Babylon Corporation Machine Language Translation Product Offerings
Table 41. Babylon Corporation Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 42. LanguageLine Solutions Corporate Summary
Table 43. LanguageLine Solutions Machine Language Translation Product Offerings
Table 44. LanguageLine Solutions Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 45. Microsoft Inc. Systran Corporate Summary
Table 46. Microsoft Inc. Systran Machine Language Translation Product Offerings
Table 47. Microsoft Inc. Systran Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 48. Google Inc Corporate Summary
Table 49. Google Inc Machine Language Translation Product Offerings
Table 50. Google Inc Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 51. Cloudwords Inc Corporate Summary
Table 52. Cloudwords Inc Machine Language Translation Product Offerings
Table 53. Cloudwords Inc Machine Language Translation Revenue (US$, Mn), (2017-2022)
Table 54. IBM Corporation Corporate Summary
Table 55. IBM Corporation Machine Language Translation Product Offerings
Table 56. IBM Corporation Machine Language Translation Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Machine Language Translation Segment by Type in 2021
Figure 2. Machine Language Translation Segment by Application in 2021
Figure 3. Global Machine Language Translation Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Machine Language Translation Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Machine Language Translation Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Machine Language Translation Revenue in 2021
Figure 8. By Type - Global Machine Language Translation Revenue Market Share, 2017-2028
Figure 9. By Application - Global Machine Language Translation Revenue Market Share, 2017-2028
Figure 10. By Region - Global Machine Language Translation Revenue Market Share, 2017-2028
Figure 11. By Country - North America Machine Language Translation Revenue Market Share, 2017-2028
Figure 12. US Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Machine Language Translation Revenue Market Share, 2017-2028
Figure 16. Germany Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 17. France Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Machine Language Translation Revenue Market Share, 2017-2028
Figure 24. China Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 28. India Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Machine Language Translation Revenue Market Share, 2017-2028
Figure 30. Brazil Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Machine Language Translation Revenue Market Share, 2017-2028
Figure 33. Turkey Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Machine Language Translation Revenue, (US$, Mn), 2017-2028
Figure 37. Bigword Group Ltd Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Lionbridge Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Global Linguist Solutions Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Babylon Corporation Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. LanguageLine Solutions Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Microsoft Inc. Systran Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Google Inc Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Cloudwords Inc Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. IBM Corporation Machine Language Translation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)