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MACHINE TRANSLATION

Global Market Trajectory & Analytics

MCP13143

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

1553
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

282
Interactions with Platform & by Email

PARTICIPANTS

62
Unique # Participated

VALIDATIONS

28
Responses Validated*
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DATE

SEPTEMBER 2020

TABLES

76

PAGES

152

EDITION

6

PRICE

USD $4950


Amid the COVID-19 crisis, the global market for Machine Translation estimated at US$622.5 Million in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 13.9% over the analysis period 2020-2027. RBMT, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$287 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the SMT segment is readjusted to a revised 15.6% CAGR for the next 7-year period.
The Machine Translation market in the U.S. is estimated at US$183.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$274 Million by the year 2027 trailing a CAGR of 13.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 12.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.
In the global Other Segments segment, USA, Canada, Japan, China and Europe will drive the 12.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$42.7 Million in the year 2020 will reach a projected size of US$100 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$188.6 Million by the year 2027.We bring years of research experience to this 6th edition of our report. The 152-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Cloudwords, Inc.; IBM Corporation; Lighthouse IP Group; Lingotek; Lionbridge Technologies, Inc.; SDL PLC; Welocalize, Inc.
» End-Use (Automotive, Military & Defense, Electronics, IT, Healthcare, Other End-Uses) » Segment (RBMT, SMT, Other Segments)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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05
1. MARKET OVERVIEW
Global Competitor Market Shares
Machine Translation Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Machine Translation Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
Machine Translation Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
RBMT (Segment) World Market by Region/Country in US$ Thousand: 2020 to 2027
RBMT (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
SMT (Segment) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
SMT (Segment) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
Other Segments (Segment) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
Other Segments (Segment) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
Automotive (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
Automotive (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
Military & Defense (End-Use) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
Military & Defense (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
Electronics (End-Use) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
Electronics (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
IT (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
IT (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
Healthcare (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
Healthcare (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027
Other End-Uses (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
Other End-Uses (End-Use) Market Share Breakdown by Region/Country: 2020 VS 2027
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Machine Translation Market Share (in %) by Company: 2019 & 2025
United States Machine Translation Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027
United States Machine Translation Market Share Breakdown by Segment: 2020 VS 2027
United States Machine Translation Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
Machine Translation Market Share Breakdown in the United States by End-Use: 2020 VS 2027
CANADA
Canadian Machine Translation Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027
Machine Translation Market in Canada: Percentage Share Breakdown of Sales by Segment for 2020 and 2027
Canadian Machine Translation Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
Canadian Machine Translation Market Share Analysis by End-Use: 2020 VS 2027
JAPAN
Japanese Market for Machine Translation: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027
Japanese Machine Translation Market Share Analysis by Segment: 2020 VS 2027
Japanese Demand Estimates and Forecasts for Machine Translation in US$ Thousand by End-Use: 2020 to 2027
Machine Translation Market Share Shift in Japan by End-Use: 2020 VS 2027
CHINA
Chinese Machine Translation Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027
Chinese Machine Translation Market by Segment: Percentage Breakdown of Sales for 2020 and 2027
Chinese Demand for Machine Translation in US$ Thousand by End-Use: 2020 to 2027
Chinese Machine Translation Market Share Breakdown by End-Use: 2020 VS 2027
EUROPE
Market Facts & Figures
European Machine Translation Market: Competitor Market Share Scenario (in %) for 2019 & 2025
European Machine Translation Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
European Machine Translation Market Share Shift by Region/Country: 2020 VS 2027
European Machine Translation Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
European Machine Translation Market Share Breakdown by Segment: 2020 VS 2027
European Machine Translation Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
European Machine Translation Market Share Analysis by End-Use: 2020 VS 2027
FRANCE
Machine Translation Market in France by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
French Machine Translation Market Share Analysis by Segment: 2020 VS 2027
Machine Translation Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2020-2027
French Machine Translation Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
GERMANY
Machine Translation Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027
German Machine Translation Market Share Breakdown by Segment: 2020 VS 2027
Machine Translation Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
Machine Translation Market Share Distribution in Germany by End-Use: 2020 VS 2027
ITALY
Italian Machine Translation Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027
Italian Machine Translation Market by Segment: Percentage Breakdown of Sales for 2020 and 2027
Italian Demand for Machine Translation in US$ Thousand by End-Use: 2020 to 2027
Italian Machine Translation Market Share Breakdown by End-Use: 2020 VS 2027
UNITED KINGDOM
United Kingdom Market for Machine Translation: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027
United Kingdom Machine Translation Market Share Analysis by Segment: 2020 VS 2027
United Kingdom Demand Estimates and Forecasts for Machine Translation in US$ Thousand by End-Use: 2020 to 2027
Machine Translation Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027
REST OF EUROPE
Rest of Europe Machine Translation Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
Rest of Europe Machine Translation Market Share Breakdown by Segment: 2020 VS 2027
Rest of Europe Machine Translation Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
Rest of Europe Machine Translation Market Share Analysis by End-Use: 2020 VS 2027
ASIA-PACIFIC
Machine Translation Market in Asia-Pacific by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027
Asia-Pacific Machine Translation Market Share Analysis by Segment: 2020 VS 2027
Machine Translation Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027
Asia-Pacific Machine Translation Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
REST OF WORLD
Rest of World Machine Translation Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027
Machine Translation Market in Rest of World: Percentage Share Breakdown of Sales by Segment for 2020 and 2027
Rest of World Machine Translation Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
Rest of World Machine Translation Market Share Analysis by End-Use: 2020 VS 2027
Total Companies Profiled : 4

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