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Survey on the Size and Growth of the Global Language Services and Technology Market

Market Research Firm Common Sense Advisory Launches 13th Annual Global Business Survey

January 31, 2017 – The market for outsourced language services and supporting technology grew 5.52% to US$ 40.27 billion from 2015 to 2016, according to independent market research firm Common Sense Advisory (CSA Research). The firm predicts it will grow an average of 2.82% over the next four years, with a cumulative growth rate of 11.77% over that period. Regions will grow at different rates, affected by local conditions. These findings are a result of the firm’s annual study, the only comprehensive global survey of private and publicly-traded language service and technology companies.

Today, the firm launched its 13th Annual Global Market Survey. In this independent, large-scale industry market survey, the firm will study and analyze the growth of the industry, providers, and services based on business results for 2016.

The findings, which are published mid-year and part of CSA Research’s primary and original research offering, include rankings of the largest private and public language services and technology providers globally and regionally, market size estimates, the fastest-growing services in the industry, and a breakdown revealing market size estimates for on-site interpreting, translation technology, machine translation post-editing, video interpreting, mobile and game localization, and other in-demand services.

The survey is available here through May 1, 2017.

About Common Sense Advisory

Common Sense Advisory is an independent market research company helping companies profitably grow their global businesses and gain access to new markets and new customers. Its focus is on assisting its clients to operationalize, benchmark, optimize, and innovate industry best practices in globalization, internationalization, localization, interpreting, and translation. http://www.commonsenseadvisory.com | @CSA_Research

Tweet: How is business? @CSA_Research 13th annual Global Market Survey is open http://tinyurl.com/gvlmvff. #t9n #l10n #LSPs #GMS2017

Media contact: Melissa C. Gillespie, Email, +1 760-522-4362

Submitted On: 1/31/2017

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