Off topic: Size of the Global Translation Industry
Thread poster: Bits P Ltd

Bits P Ltd
India
Local time: 07:26
Member (2002)
French to English
+ ...
Aug 21, 2003

Could anybody tell me the size of the global translation (not localization) industry. Thanks in advance for your help.

 

laca
English to Polish
Estimates vary Aug 21, 2003

"by the end of 2006 the worldwide human translation market will account for $5.7 billion, and the machine translation for $117 million. The software and web localization markets will account for $3.5 billion and $3 billion, respectively."
http://www.ebizchronicle.com/backgrounders01/jun/abitranslation.htm

Take those figures with a grain of salt. As early as in 1999, an ATA President was saying: "Translation in the U.S. today is, according to industry analysts, a $7 billion industry, part of a global commerce worth between $11 and $18 billion." www.atanet.org/chronicle/president_message_1999.htm

It is estimated that the world translation market is growing by 15 to 25% annually and will reach $7 billion by the year 2000.
www.uottawa.ca/associations/csict/strate.pdf
http://www.translatorscafe.com/cafe/MegaBBS/thread-view.asp?threadid=741&start=1


 

Bits P Ltd
India
Local time: 07:26
Member (2002)
French to English
+ ...
TOPIC STARTER
Thank you Aug 22, 2003

Thank you very much for your help. We have organized a powwow for tomorrow and I was expecting to face this question from one of the participants. You answer is going to help me a lot.


laca wrote:

"by the end of 2006 the worldwide human translation market will account for $5.7 billion, and the machine translation for $117 million. The software and web localization markets will account for $3.5 billion and $3 billion, respectively."
http://www.ebizchronicle.com/backgrounders01/jun/abitranslation.htm

Take those figures with a grain of salt. As early as in 1999, an ATA President was saying: "Translation in the U.S. today is, according to industry analysts, a $7 billion industry, part of a global commerce worth between $11 and $18 billion." www.atanet.org/chronicle/president_message_1999.htm

It is estimated that the world translation market is growing by 15 to 25% annually and will reach $7 billion by the year 2000.
www.uottawa.ca/associations/csict/strate.pdf
http://www.translatorscafe.com/cafe/MegaBBS/thread-view.asp?threadid=741&start=1



 


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Size of the Global Translation Industry

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