Translation Industry Infographic - PowerPoint PPT Presentation

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Translation Industry Infographic

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Despite the global crisis, the necessity for translation services has and will continue to be in demand. This is a concept which is explored by Quick Lingo in the above infographic, showing not only the figures from the past which already show growth, but also estimations for future expansion. This infographic is put together with data from around the world and from several industries. – PowerPoint PPT presentation

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Title: Translation Industry Infographic


1
The expansion of
The Translation Industry
Due to the demands for business documentation
consequent to the Industrial Revolution that
began in the mid-18th century, some translation
services have become formalised, with dedicated
schools and professional associations.
Because of the lengthy process of translation,
since the 1940s engineers have sought to
automate translation or to mechanically aid the
human translator.
The rise of the internet has fostered a
world-wide market for translation services and
has facilitated language localisation.
2012
12,17
The market for outsourced languages services is
worth
annual growing rate for language service market
33.523 billion
Fluctuation of the growing rate for language
services market until now
Quick Lingo Ltd.
Despite the global crisis, analysts expectations
are always optimistic about the language services
market.
2
Despite the global crisis, analysts expectations
are always optimistic about the language services
market.
Projected and actual value of the global language
services market
The value of the market is increasing and at the
same time is becoming more predictable
so it is reasonable to assume the expectations
for the next few years are prudent and accurate.
The Global Market Share Of Language Services
Asia 12,88
North America 34,85
Europe 49,38
Africa 0,27
Latin America 0,63
Oceania 2
Quick Lingo Ltd.
3
A closer look at Europe...
Northern Europe 18,86
Eastern Europe 4,39
Western Europe 22,69
Southern Europe 3,44
What about England?
In the last 6 years the Ministry of Justice spent
more than 100 million on language services.
In the last three years the Police have spent 82
million on translations and interpreting.
Quick Lingo Ltd.
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