Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1825361

Cover Image

PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1825361

Global Machine Translation Market - Forecasts from 2025 to 2030

PUBLISHED:
PAGES: 150 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
PDF (Single User License)
USD 3950
PDF (Multiple User License)
USD 4550
PDF (Enterprise License)
USD 6950

Add to Cart

The global machine translation market is expected to grow from USD 1.729 billion in 2025 to USD 2.806 billion in 2030, at a CAGR of 10.17%.

Machine translation (MT) represents an automated translation process utilizing computer software to translate text from one natural language to another without human intervention. The technology encompasses translation of text and images, continuously evolving with enhanced accuracy levels that drive its adoption across diverse business sectors and consumer applications.

The machine translation market is experiencing substantial growth, primarily attributed to the widespread adoption of computer-assisted translation tools. This expansion is fueled by economic growth and business internationalization trends, where organizations seek to deliver content, products, and services across multiple languages. Consequently, translation companies are increasingly integrating machine translation as a core operational tool.

Market Segmentation

Technology Segmentation: Neural Machine Translation emerges as the most promising technology segment, despite being relatively newer to the market. Major technology corporations including Google Inc and IBM Corporation have successfully implemented neural translation technologies. Traditional approaches-Statistical Translations, Rule-based Translation, and Hybrid-translations-continue to maintain significant market share while undergoing continuous technological evolution.

End-User Analysis: Healthcare and education sectors represent emerging high-growth segments, while established sectors continue their upward trajectory. The diversification of end-user applications demonstrates the technology's versatility and broad market appeal.

Geographic Distribution: North America currently commands the largest market share in the global machine translation landscape. The Asia-Pacific region exhibits exceptional growth momentum, with China and South Korea leading regional expansion efforts.

Growth Drivers

Multi-Faceted Applications

Machine translation demonstrates remarkable versatility across industries including automotive, military, defense, healthcare, education, and e-commerce. The military and defense sectors require rapid, high-volume content translation for real-time multilingual communication capabilities. The automotive industry leverages MT for technical documentation, training materials, and human-machine interfaces, particularly in AI-based vehicle systems where machine translation and artificial intelligence operate synergistically.

Educational institutions utilize MT for analytical and customizable knowledge delivery, with online learning platforms offering multilingual course options to accommodate diverse learners. Healthcare professionals employ machine translation for global patient interaction, facilitating patient history clarification, clinical diagnosis reviews, and treatment plan communication. The technology serves as an enabler for assistive technologies supporting individuals with various disabilities.

E-commerce giants utilize machine translation to enhance consumer experiences through native language shopping capabilities. The sector extensively employs image-to-text translation, enabling purchase decisions based on photographic content. OTT streaming platforms have integrated machine translation to provide multilingual content delivery, expanding their global reach.

Cost-Effectiveness and Speed

The growing demand for cost-effective, high-speed translation solutions significantly augments market growth. Organizations seek affordable translation services that enable market expansion and accelerated product deployment. Machine translation provides efficient solutions at minimal costs while saving translators time and delivering accurate results, making it attractive across multiple industries.

Competitive Landscape

The global machine translation market features established leaders including Google Inc., IBM Corporation, Microsoft Corporation, RWS Holdings PLC, Omniscien Technologies, Pangeanic, SDL PLC, and CSLi. These market participants implement various growth strategies including product launches, mergers, and acquisitions to maintain competitive advantages.

The market continues evolving through technological advancement and strategic consolidation, positioning machine translation as an essential tool for global business operations and cross-cultural communication in an increasingly interconnected world economy.

Key Benefits of this Report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data from 2022 to 2024 & forecast data from 2025 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others.

Machine Translation Market Segments:

By Technology

  • Statistical Machine Translation
  • Rule-Based Machine Learning
  • Hybrid Machine Translation
  • Neural Machine Translation

By End-User

  • Automotive & Transportation
  • Electrical & Electronics
  • Military & Defense
  • Healthcare
  • Information Technology
  • Others

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Spain
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Thailand
  • Others
Product Code: KSI061610994

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

  • 2.1. Market Overview
  • 2.2. Market Definition
  • 2.3. Scope of the Study
  • 2.4. Market Segmentation

3. BUSINESS LANDSCAPE

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities
  • 3.4. Porter's Five Forces Analysis
  • 3.5. Industry Value Chain Analysis
  • 3.6. Policies and Regulations
  • 3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. GLOBAL MACHINE TRANSLATION MARKET BY TECHNOLOGY

  • 5.1. Introduction
  • 5.2. Statistical Machine Translation
  • 5.3. Rule-Based Machine Learning
  • 5.4. Hybrid Machine Translation
  • 5.5. Neural Machine Translation

6. GLOBAL MACHINE TRANSLATION MARKET BY END-USER

  • 6.1. Introduction
  • 6.2. Automotive & Transportation
  • 6.3. Electrical & Electronics
  • 6.4. Military & Defense
  • 6.5. Healthcare
  • 6.6. Information Technology
  • 6.7. Others

7. GLOBAL MACHINE TRANSLATION MARKET BY GEOGRAPHY

  • 7.1. Introduction
  • 7.2. North America
    • 7.2.1. USA
    • 7.2.2. Canada
    • 7.2.3. Mexico
  • 7.3. South America
    • 7.3.1. Brazil
    • 7.3.2. Argentina
    • 7.3.3. Others
  • 7.4. Europe
    • 7.4.1. Germany
    • 7.4.2. France
    • 7.4.3. United Kingdom
    • 7.4.4. Spain
    • 7.4.5. Others
  • 7.5. Middle East and Africa
    • 7.5.1. Saudi Arabia
    • 7.5.2. UAE
    • 7.5.3. Others
  • 7.6. Asia Pacific
    • 7.6.1. China
    • 7.6.2. India
    • 7.6.3. Japan
    • 7.6.4. South Korea
    • 7.6.5. Indonesia
    • 7.6.6. Thailand
    • 7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 8.1. Major Players and Strategy Analysis
  • 8.2. Market Share Analysis
  • 8.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 8.4. Competitive Dashboard

9. COMPANY PROFILES

  • 9.1. Google Inc.
  • 9.2. IBM Corporation
  • 9.3. Microsoft Corporation
  • 9.4. RWS Holdings PLC
  • 9.5. Omniscien Technologies
  • 9.6. Pangeanic
  • 9.7. SDL PLC
  • 9.8. CSLi

10. APPENDIX

  • 10.1. Currency
  • 10.2. Assumptions
  • 10.3. Base and Forecast Years Timeline
  • 10.4. Key benefits for the stakeholders
  • 10.5. Research Methodology
  • 10.6. Abbreviations
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!