Language Services Market Definition
Language services refer to a kind of service that makes it possible for users to communicate with audiences and speakers who do not share their language or culture.
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Language Services Market Characteristics:
The global language services market size is expected to grow from $51.16 billion in 2022 to $55.91 billion in 2023 at a compound annual growth rate (CAGR) of 9.29%. The language services market size is expected to grow to $74.49 billion in 2027 at a CAGR of 7.44%.
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51.16 55.91 74.49
2022 2023 2027
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Global Language Services Market Size Forecast To 2032
Key Market Drivers And Trends
Drivers Trends
An increase in the outsourcing of translation and interpreting services is expected to propel the growth of the language services market
Technological advancement is a key trend in the language services market.
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Language Services Global Market Segments:
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By
By
Translation And Transcreation, Interpreting, Localization Services IT And Telecommunication s, Commercial, Government, Automotive, Healthcare
Services
Application
language
market’s
By Component Software, Hardware
The report covers the
services
segments-
Major companies in the market include
Key Market Players
LanguageLine Solutions
RWS Holdings PLC
SDI Media
Keywords Studios PLC
Lionbridge Technologies Inc Click
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