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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1351456

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PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1351456

Machine Translation Market, By Deployment Type, By Technology, By Application, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030

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REPORT HIGHLIGHT

Machine Translation Market size was valued at USD 960.9 Million in 2022, expanding at a CAGR of 23.8% from 2023 to 2030.

Machine translation is the use of artificial intelligence to mechanically translate text from one language to another without the need for human intervention. Modern machine translation goes beyond simple word-for-word translation to convey the whole sense of the source language text in the target language. It examines all text elements and determines how words interact with one another. Machine translation is an excellent starting point for skilled human translators. Many translation management systems incorporate one or more machine translation models into their process. They can be configured to execute translations automatically and then transmit them to human translators for post-editing. Machine translation works extremely quickly, translating millions of words practically instantly. Large volumes of data, such as real-time chat or large-scale court proceedings, can be translated. It can also process foreign-language papers, search for relevant terms, and remember those terms for future applications.

Machine Translation Market - Market Dynamics:

  • The adoption of cloud-based machine translation services and the increasing demand for multilingual content in numerous industries including e-commerce, media, and travel, is driving the growth of the market.
  • Cloud-based services enable organizations to scale their translation needs without investing in hardware. As their translation volume develops, clients may simply adjust their membership or usage without incurring hefty upfront expenditures. APIs are frequently provided by cloud-based machine translation providers, allowing businesses to integrate translation capabilities directly into their systems, websites, or apps. Because e-commerce platforms serve a global audience, product descriptions, customer reviews, and support materials must be provided in many languages to meet the needs of a broad consumer base. According to Machine Translation Statistics, in 2020, the demand for translation in healthcare increased by 49% due to the need to dispense COVID. Also, in 2020 survey involving 7,000 professional translators and interpreters found that 75% of respondents were self. AI advancements, particularly deep learning, have substantially improved machine translation quality, making it more reliable and opening up new application areas. However, Data Privacy and, Hardware and Computational Limitations are the factors that hamper the market growth.

Machine Translation Market - Key Insights:

  • As per the analysis shared by our research analyst, the global Machine Translation market is estimated to grow annually at a CAGR of around 23.8% over the forecast period (2023-2030)
  • The Machine Translation industry is projected to grow at a significant rate due to the growing awareness of sustainable growth
  • Based on deployment type segmentation, on-premises was predicted to show maximum market share in the year 2022
  • Based on product type segmentation, rule-based machine translation was the leading type in 2022
  • Based on application segmentation, automotive was the leading type in 2022
  • On the basis of region, Asia Pacific was the leading revenue generator in 2022

Machine Translation Market- Segmentation Analysis:

  • The Global Machine Translation Market is segmented on the basis of deployment type, technology, application, and region.
  • The market is divided into two categories based on deployment type: On-premises and Cloud. On-premises Segment dominates the market. On-premises solutions are often more suited to an organization's specific goals and requirements, especially when connected with other in-house systems. For particular applications, low latency is necessary, and on-premises systems can frequently provide faster response times.
  • The market is divided into two categories based on Technology: Statistical Machine Translation, Rule-based Machine Translation, Neural Machine Translation, and Other. The rule-based Machine Translation segment dominates the market. While RBMT was pivotal in the history of machine translation, its commercial dominance has waned with the rise of data-driven methods like as SMT and NMT.
  • The market is divided into two categories based on application: Automotive, BFSI, E-Commerce, Electronics, Healthcare, IT and telecom, Military and defense, and Others. The Automotive sector dominates the market and is likely to maintain its dominance during the forecast period. The machine translation sector is quite important and has many applications in the automotive industry. The automotive sector is reliant on a worldwide supply network. Machine translation can help with the translation of procurement documentation, supplier contracts, and communication with international suppliers.

Machine Translation Market- Geographical Insights

Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. Asia Pacific is expected to dominate the growth of the Machine Translation Market, owing to the increasing demand for multilingual communication and the need for translation in various industries, such as healthcare, e-commerce, gaming, and travel. For example, As the region's medical research and healthcare services expand, there is an increasing demand for medical records, research papers, and patient information translation. Multiple languages are spoken in countries such as India, China, Indonesia, and the Philippines. To maintain successful communication across these varied linguistic environments, machine translation is essential. Science Direct showed that they observed an increase of about 7.2 % in citations received by Chinese patents after the translation. The effect is more pronounced in technological areas of which China is at the technological frontier, such as computing- and data-processing-related technologies, with up to a 14.5 % increase in citations received by translated patents. Europe and the North American region are expected to drive market growth in the forecast period, due to rapid economic growth, and increasing technological and digital expansion

Machine Translation Market- Competitive Landscape:

The machine translation market is characterized by a combination of rivalry among multiple competitors and a rising demand for translation services, which is being driven by globalization, technological improvements, and the digital revolution. With developments in AI and deep learning, there has been an upsurge of startups and emerging players entering the machine translation industry. These companies frequently concentrate on specialized applications, industries, or language pairs. As organizations expand globally, there is an increasing demand for translation services to serve a variety of markets. Websites, product documentation, marketing materials, and user interfaces are all examples of translated materials. For Example, on 15 JUN 2023, Build a multilingual automatic translation pipeline with Amazon Translate Active Custom Translation. They built automatic translation pipelines for multiple languages using the ACT feature in Amazon Translate. ACT allows customized translation output on the fly by providing tailored translation examples in the form of parallel data.

Recent Developments:

On 16 Mar 2023, Google Encourages Game Developers to Switch from Human to Machine Translation. Developers now have access to free machine translation (MT) for their Android apps, tech website 9to5Google reported.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL MACHINE TRANSLATION MARKET KEY PLAYERS

  • AppTek LLC
  • AWS
  • Alibaba Cloud
  • Baidu
  • Cloudwords Inc.
  • Google LLC (Alphabet Inc.)
  • IBM Corporation
  • Lionbridge Technologies Inc.
  • Microsoft Corporation
  • PROMT
  • Smart Communications Inc.
  • Tencent Cloud TMT
  • Raytheon BBN Technologies Corp
  • Systran International

GLOBAL MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE

  • On-premises
  • Cloud

GLOBAL MACHINE TRANSLATION MARKET, BY TECHNOLOGY

  • Statistical Machine Translation
  • Rule-based Machine Translation
  • Neural Machine Translation
  • Other

GLOBAL MACHINE TRANSLATION MARKET, BY APPLICATION

  • Automotive
  • BFSI
  • E-Commerce
  • Electronics
  • Healthcare
  • IT & Telecom
  • Military & Defense
  • Others

GLOBAL MACHINE TRANSLATION MARKET, BY REGION

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • United Kingdom
    • Russia
    • Netherlands
    • Sweden
    • Poland
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • South Korea
    • Japan
    • Australia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Rest of LATAM
  • The Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Turkey
    • Algeria
    • Egypt
    • Rest of MEA
Product Code: ANV1704

Table of Contents

1. Machine Translation Market Overview

  • 1.1. Study Scope
  • 1.2. Market Estimation Years

2. Executive Summary

  • 2.1. Market Snippet
    • 2.1.1. Machine Translation Market Snippet by Deployment Type
    • 2.1.2. Machine Translation Market Snippet by Application
    • 2.1.3. Machine Translation Market Snippet by Technology
    • 2.1.4. Machine Translation Market Snippet by Country
    • 2.1.5. Machine Translation Market Snippet by Region
  • 2.2. Competitive Insights

3. Machine Translation Key Market Trends

  • 3.1. Machine Translation Market Drivers
    • 3.1.1. Impact Analysis of Market Drivers
  • 3.2. Machine Translation Market Restraints
    • 3.2.1. Impact Analysis of Market Restraints
  • 3.3. Machine Translation Market Opportunities
  • 3.4. Machine Translation Market Future Trends

4. Machine Translation Industry Study

  • 4.1. PEST Analysis
  • 4.2. Porter's Five Forces Analysis
  • 4.3. Growth Prospect Mapping
  • 4.4. Regulatory Framework Analysis

5. Machine Translation Market: COVID-19 Impact Analysis

  • 5.1. Pre-COVID-19 Impact Analysis
  • 5.2. Post-COVID-19 Impact Analysis
    • 5.2.1. Top Performing Segments
    • 5.2.2. Marginal Growth Segments
    • 5.2.3. Top Looser Segments
    • 5.2.4. Marginal Loss Segments

6. Machine Translation Market Landscape

  • 6.1. Machine Translation Market Share Analysis, 2022
  • 6.2. Breakdown Data, by Key Manufacturer
    • 6.2.1. Established Players' Analysis
    • 6.2.2. Emerging Players' Analysis

7. Machine Translation Market - By Deployment Type

  • 7.1. Overview
    • 7.1.1. Segment Share Analysis, By Deployment Type, 2022 & 2030 (%)
    • 7.1.2. On-premises
    • 7.1.3. Cloud

8. Machine Translation Market - By Application

  • 8.1. Overview
    • 8.1.1. Segment Share Analysis, By Application, 2022 & 2030 (%)
    • 8.1.2. Automotive
    • 8.1.3. BFSI
    • 8.1.4. E-Commerce
    • 8.1.5. Electronics
    • 8.1.6. Healthcare
    • 8.1.7. IT & Telecom
    • 8.1.8. Military & Defense
    • 8.1.9. Others

9. Machine Translation Market - By Technology

  • 9.1. Overview
    • 9.1.1. Segment Share Analysis, By Technology, 2022 & 2030 (%)
    • 9.1.2. Statistical Machine Translation
    • 9.1.3. Rule-based Machine Translation
    • 9.1.4. Neural Machine Translation
    • 9.1.5. Other

10. Machine Translation Market- By Geography

  • 10.1. Introduction
    • 10.1.1. Segment Share Analysis, By Geography, 2022 & 2030 (%)
  • 10.2. North America
    • 10.2.1. Overview
    • 10.2.2. Machine Translation Key Manufacturers in North America
    • 10.2.3. North America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
    • 10.2.4. North America Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
    • 10.2.5. North America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
    • 10.2.6. North America Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.2.7. U.S.
      • 10.2.7.1. Overview
      • 10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.2.7.3. U.S. Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.2.7.4. U.S. Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.2.7.5. U.S. Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.2.8. Canada
      • 10.2.8.1. Overview
      • 10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.2.8.3. Canada Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.2.8.4. Canada Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.2.8.5. Canada Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
  • 10.3. Europe
    • 10.3.1. Overview
    • 10.3.2. Machine Translation Key Manufacturers in Europe
    • 10.3.3. Europe Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
    • 10.3.4. Europe Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
    • 10.3.5. Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
    • 10.3.6. Europe Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.7. Germany
      • 10.3.7.1. Overview
      • 10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.7.3. Germany Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.7.4. Germany Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.7.5. Germany Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.8. Italy
      • 10.3.8.1. Overview
      • 10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.8.3. Italy Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.8.4. Italy Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.8.5. Italy Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.9. United Kingdom
      • 10.3.9.1. Overview
      • 10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.9.3. United Kingdom Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.9.4. United Kingdom Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.9.5. United Kingdom Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.10. France
      • 10.3.10.1. Overview
      • 10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.10.3. France Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.10.4. France Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.10.5. France Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.11. Russia
      • 10.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.11.2. Russia Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.11.3. Russia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.11.4. Russia Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.12. Netherlands
      • 10.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.12.2. Netherlands Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.12.3. Netherlands Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.12.4. Netherlands Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.13. Sweden
      • 10.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.13.2. Sweden Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.13.3. Sweden Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.13.4. Sweden Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.14. Poland
      • 10.3.14.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.14.2. Poland Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.14.3. Poland Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.14.4. Poland Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.3.15. Rest of Europe
      • 10.3.15.1. Overview
      • 10.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.3.15.3. Rest of the Europe Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.3.15.4. Rest of the Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.3.15.5. Rest of the Europe Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
  • 10.4. Asia Pacific (APAC)
    • 10.4.1. Overview
    • 10.4.2. Machine Translation Key Manufacturers in Asia Pacific
    • 10.4.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
    • 10.4.4. Asia Pacific Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
    • 10.4.5. Asia Pacific Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
    • 10.4.6. Asia Pacific Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.7. India
      • 10.4.7.1. Overview
      • 10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.7.3. India Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.7.4. India Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.7.5. India Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.8. China
      • 10.4.8.1. Overview
      • 10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.8.3. China Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.8.4. China Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.8.5. China Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.9. Japan
      • 10.4.9.1. Overview
      • 10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.9.3. Japan Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.9.4. Japan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.9.5. Japan Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.10. South Korea
      • 10.4.10.1. Overview
      • 10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.10.3. South Korea Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.10.4. South Korea Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.10.5. South Korea Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.11. Australia
      • 10.4.11.1. Overview
      • 10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.11.3. Australia Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.11.4. Australia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.11.5. Australia Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.12. Thailand
      • 10.4.12.1. Overview
      • 10.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.12.3. Thailand Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.12.4. Thailand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.12.5. Thailand Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.13. Indonesia
      • 10.4.13.1. Overview
      • 10.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.13.3. Indonesia Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.13.4. Indonesia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.13.5. Indonesia Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.14. Philippines
      • 10.4.14.1. Overview
      • 10.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.14.3. Philippines Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.14.4. Philippines Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.14.5. Philippines Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.4.15. Rest of APAC
      • 10.4.15.1. Overview
      • 10.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.4.15.3. Rest of APAC Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.4.15.4. Rest of APAC Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.4.15.5. Rest of APAC Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
  • 10.5. Latin America
    • 10.5.1. Overview
    • 10.5.2. Machine Translation Key Manufacturers in Latin America
    • 10.5.3. Latin America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
    • 10.5.4. Latin America Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
    • 10.5.5. Latin America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
    • 10.5.6. Latin America Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.5.7. Brazil
      • 10.5.7.1. Overview
      • 10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.5.7.3. Brazil Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.5.7.4. Brazil Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.5.7.5. Brazil Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.5.8. Mexico
      • 10.5.8.1. Overview
      • 10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.5.8.3. Mexico Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.5.8.4. Mexico Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.5.8.5. Mexico Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.5.9. Argentina
      • 10.5.9.1. Overview
      • 10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.5.9.3. Argentina Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.5.9.4. Argentina Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.5.9.5. Argentina Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.5.10. Colombia
      • 10.5.10.1. Overview
      • 10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.5.10.3. Colombia Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.5.10.4. Colombia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.5.10.5. Colombia Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.5.11. Rest of LATAM
      • 10.5.11.1. Overview
      • 10.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.5.11.3. Rest of LATAM Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.5.11.4. Rest of LATAM Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.5.11.5. Rest of LATAM Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
  • 10.6. Middle East and Africa
    • 10.6.1. Overview
    • 10.6.2. Machine Translation Key Manufacturers in Middle East and Africa
    • 10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
    • 10.6.4. Middle East and Africa Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
    • 10.6.5. Middle East and Africa Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
    • 10.6.6. Middle East and Africa Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.7. Saudi Arabia
      • 10.6.7.1. Overview
      • 10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.7.3. Saudi Arabia Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.7.4. Saudi Arabia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.7.5. Saudi Arabia Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.8. United Arab Emirates
      • 10.6.8.1. Overview
      • 10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.8.3. United Arab Emirates Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.8.4. United Arab Emirates Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.8.5. United Arab Emirates Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.9. Israel
      • 10.6.9.1. Overview
      • 10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.9.3. Israel Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.9.4. Israel Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.9.5. Israel Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.10. Turkey
      • 10.6.10.1. Overview
      • 10.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.10.3. Turkey Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.10.4. Turkey Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.10.5. Turkey Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.11. Algeria
      • 10.6.11.1. Overview
      • 10.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.11.3. Algeria Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.11.4. Algeria Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.11.5. Algeria Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.12. Egypt
      • 10.6.12.1. Overview
      • 10.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.12.3. Egypt Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.12.4. Egypt Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.12.5. Egypt Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)
    • 10.6.13. Rest of MEA
      • 10.6.13.1. Overview
      • 10.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
      • 10.6.13.3. Rest of MEA Market Size and Forecast, By Deployment Type, 2018 - 2030 (US$ Million)
      • 10.6.13.4. Rest of MEA Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
      • 10.6.13.5. Rest of MEA Market Size and Forecast, By Technology, 2018 - 2030 (US$ Million)

11. Key Vendor Analysis- Machine Translation Industry

  • 11.1. Competitive Dashboard
  • 11.2. Company Profiles
    • 11.2.1. AppTek LLC
    • 11.2.2. AWS
    • 11.2.3. Alibaba Cloud
    • 11.2.4. Baidu
    • 11.2.5. Cloudwords Inc.
    • 11.2.6. Google LLC (Alphabet Inc.)
    • 11.2.7. IBM Corporation
    • 11.2.8. Lionbridge Technologies Inc.
    • 11.2.9. Microsoft Corporation
    • 11.2.10. PROMT
    • 11.2.11. Smart Communications Inc.
    • 11.2.12. Tencent Cloud TMT
    • 11.2.13. Raytheon BBN Technologies Corp
    • 11.2.14. Systran International

12. 360 Degree Analyst View

13. Appendix

  • 13.1. Research Methodology
  • 13.2. References
  • 13.3. Abbreviations
  • 13.4. Disclaimer
  • 13.5. Contact Us
Product Code: ANV1704

List of Tables

  • TABLE List of data sources
  • TABLE Market drivers; Impact Analysis
  • TABLE Market restraints; Impact Analysis
  • TABLE Machine Translation Market: Deployment Type Snapshot (2022)
  • TABLE Segment Dashboard; Definition and Scope, by Deployment Type
  • TABLE Global Machine Translation Market, by Deployment Type 2018-2030 (USD Million)
  • TABLE Machine Translation Market: Application Snapshot (2022)
  • TABLE Segment Dashboard; Definition and Scope, by Application
  • TABLE Global Machine Translation Market, by Application 2018-2030 (USD Million)
  • TABLE Machine Translation Market: Technology Snapshot (2022)
  • TABLE Segment Dashboard; Definition and Scope, by Technology
  • TABLE Global Machine Translation Market, by Technology 2018-2030 (USD Million)
  • TABLE Machine Translation Market: Regional snapshot (2022)
  • TABLE Segment Dashboard; Definition and Scope, by Region
  • TABLE Global Machine Translation Market, by Region 2018-2030 (USD Million)
  • TABLE North America Machine Translation Market, by Country, 2018-2030 (USD Million)
  • TABLE North America Machine Translation Market, by Deployment Type, 2018-2030 (USD Million)
  • TABLE North America Machine Translation Market, by Application, 2018-2030 (USD Million)
  • TABLE North America Machine Translation Market, by Technology, 2018-2030 (USD Million)
  • TABLE Europe Machine Translation Market, by Country, 2018-2030 (USD Million)
  • TABLE Europe Machine Translation Market, by Deployment Type, 2018-2030 (USD Million)
  • TABLE Europe Machine Translation Market, by Application, 2018-2030 (USD Million)
  • TABLE Europe Machine Translation Market, by Technology, 2018-2030 (USD Million)
  • TABLE Asia Pacific Machine Translation Market, by Country, 2018-2030 (USD Million)
  • TABLE Asia Pacific Machine Translation Market, by Deployment Type, 2018-2030 (USD Million)
  • TABLE Asia Pacific Machine Translation Market, by Application, 2018-2030 (USD Million)
  • TABLE Asia Pacific Machine Translation Market, by Technology, 2018-2030 (USD Million)
  • TABLE Latin America Machine Translation Market, by Country, 2018-2030 (USD Million)
  • TABLE Latin America Machine Translation Market, by Deployment Type, 2018-2030 (USD Million)
  • TABLE Latin America Machine Translation Market, by Application, 2018-2030 (USD Million)
  • TABLE Latin America Machine Translation Market, by Technology, 2018-2030 (USD Million)
  • TABLE Middle East and Africa Machine Translation Market, by Country, 2018-2030 (USD Million)
  • TABLE Middle East and Africa Machine Translation Market, by Deployment Type, 2018-2030 (USD Million)
  • TABLE Middle East and Africa Machine Translation Market, by Application, 2018-2030 (USD Million)
  • TABLE Middle East and Africa Machine Translation Market, by Technology, 2018-2030 (USD Million)

List of Figures

  • FIGURE Machine Translation Market Segmentation
  • FIGURE Market research methodology
  • FIGURE Value chain analysis
  • FIGURE Porter's Five Forces Analysis
  • FIGURE Market Attractiveness Analysis
  • FIGURE COVID-19 Impact Analysis
  • FIGURE Pre & Post COVID-19 Impact Comparision Study
  • FIGURE Competitive Landscape; Key company market share analysis, 2022
  • FIGURE Deployment Type segment market share analysis, 2022 & 2030
  • FIGURE Deployment Type segment market size forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Application segment market share analysis, 2022 & 2030
  • FIGURE Application segment market size forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Technology segment market share analysis, 2022 & 2030
  • FIGURE Technology segment market size forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Regional segment market share analysis, 2022 & 2030
  • FIGURE Regional segment market size forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE North America Machine Translation Market share and leading players, 2022
  • FIGURE Europe Machine Translation Market share and leading players, 2022
  • FIGURE Asia Pacific Machine Translation Market share and leading players, 2022
  • FIGURE Latin America Machine Translation Market share and leading players, 2022
  • FIGURE Middle East and Africa Machine Translation Market share and leading players, 2022
  • FIGURE North America market share analysis by country, 2022
  • FIGURE U.S. Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Canada Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Europe Machine Translation Market share analysis by country, 2022
  • FIGURE Germany Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Spain Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Italy Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE France Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE UK Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Russia Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Netherlands Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Sweden Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Poland Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Rest of the Europe Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Asia Pacific Machine Translation Market share analysis by country, 2022
  • FIGURE India Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE China Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Japan Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE South Korea Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Australia Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Thailand Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Indonesia Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Phillipines Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Rest of APAC Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Latin America Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Latin America Machine Translation Market share analysis by country, 2022
  • FIGURE Brazil Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Mexico Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Argentina Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Colombia Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Rest of LATAM Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Middle East and Africa Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Middle East and Africa Machine Translation Market share analysis by country, 2022
  • FIGURE Saudi Arabia Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE United Arab Emirates Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Israel Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Turkey Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Algeria Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Egypt Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
  • FIGURE Rest of MEA Machine Translation Market size, forecast and trend analysis, 2018 to 2030 (USD Million)
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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