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The language services market size is estimated to grow by USD 24.21 billion at a CAGR of 7.1% between 2023 and 2028. Market growth hinges on various factors, such as the adoption of technology to improve the efficiency of language translation processes. Additionally, increased government spending on language services contributes to market expansion. The government's recognition of the importance of effective language services drives investment in translation technologies and services. Furthermore, the growing demand for language services in various sectors, including healthcare, legal, and business, fuels market growth. These factors collectively drive the adoption of innovative language translation solutions and services, creating opportunities for market players to meet the evolving needs of global communication.
The market growth and forecasting report includes key player's detailed analyses of the competitive landscape of the market and information about 10 market companies, including Centific Global Solutions Inc., Cyracom International Inc., Dubbing Brothers SAS, Honyaku Center Inc., IMAGICA GROUP Inc., Iyuno, Keywords Studios Plc, Lionbridge Technologies LLC, President Translation Service Group International, Questel, RWS Holdings PLC, STAR AG, Teleperformance SE, thebigword Group Ltd., TransPerfect Global Inc., United Language Group, Voice and Script International Ltd., and Welocalize Inc. Additionally, Acolad Group, a key company, offers language services, including translation, interpretation, transcription, website localization, and outsourcing solutions, within the Market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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