Machine Translation Market

1
Machine Translation MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
Download PDF Brochure

• Machine Translation Market forecast to reach
  1.58 billion by 2025, after growing at a CAGR of
  13.06 during 2020-2025 owing to high adoption of
  machine translation technology in end-user
  verticals such as military and defense,
  automotive, healthcare and others for automated
  translation of source material into another
  language.
• Many companies have been adopting advanced
  technologies of hardware and software in order to
  improve speed and accuracy of machine translation.

Inquiry Before Buying
Email sales_at_industryarc.com
3
Download PDF Brochure

• Key Takeaways
• North America dominates the Machine or automated
  translation market owing to presence of huge
  number of players and early adoption of advanced
  technologies which set to drive the machine
  translation market.
• Statistical machine translation sector dominates
  the machine translation market owing to easy
  adoption and low cost.
• Growing trend in big data set to create huge
  opportunities for machine translation as
  computational linguistics and linguistic typology
  are majorly rely on big data.
• Military and Defense sector is the key end-user
  for machine translation market owing to
  increasing government initiatives on machine
  translation.

Inquiry Before Buying
Email sales_at_industryarc.com
4
Download PDF Brochure
By Distribution Channel- Segment
Analysis Statistical Machine Translation (SMT)
segment held the largest share in the Machine
Translation market in 2018. SMT technology uses
statistical analysis and predictive algorithms in
order to define the rules that are suitable for
the required sentence translation. The wide
availability of algorithms and platforms is one
of the major advantages of SMT, which allows the
access of large and structured set of text or
work at a very cheap rate. Adoption of advanced
technology such as cloud computing assists SMT to
run in an effective manner, as it offers high
processing power and enhanced storage capacity to
the computer.
Inquiry Before Buying
Email sales_at_industryarc.com
5
Download PDF Brochure

• Machine Translation Market Industry Outlook
• IBM
• Microsoft
• SDL
• Lionbridge Technologies
• Omniscien Technologies Inc
• Asia Online Pte Ltd
• Cloudwords Inc
• Lighthouse Ip Group
• Lingo24 Ltd
• Lingotek Inc
• Lionbridge Technology Inc

Inquiry Before Buying
Email sales_at_industryarc.com
6
Download PDF Brochure
Machine Translation Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Machine-Trans
lation-Market-Research-504145
Inquiry Before Buying
Email sales_at_industryarc.com
7
Download PDF Brochure

• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id504145

Inquiry Before Buying
Email sales_at_industryarc.com
8
Download PDF Brochure
For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com