https://www.acumenresearchandconsulting.com/
Home Services Industry Services Press Releases About Us Blogs Report Store Contact us

Machine Translation Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Published : Jan 2023

Report ID: ARC3120

Pages : 250

Format : Machine Translation Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

CHAPTER 1. Industry Overview of Machine Translation Market

1.1. Definition and Scope

1.1.1. Definition of Machine Translation

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Machine Translation Market

1.2. Summary

1.2.1. Executive Summary

1.2.2. Machine Translation Market By Technology

1.2.3. Machine Translation Market By Deployment Type

1.2.4. Machine Translation Market By Application

1.2.5. Machine Translation Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Machine Translation Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Machine Translation Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Regulatory Compliance

3.9. Competitive Landscape, 2021

3.9.1. Player Positioning Analysis

3.9.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Machine Translation Market By Technology

4.1. Introduction

4.2. Machine Translation Market Revenue By Technology

4.2.1. Machine Translation Market Revenue (USD Million) and Forecast, By Technology, 2018-2030

4.2.2. Statistical Machine Translation (SMT)

4.2.2.1. Statistical Machine Translation (SMT) Market Revenue (USD Million) and Growth Rate (%), 2018-2030

4.2.3. Rule-Based Machine Translation (RBMT)

4.2.3.1. Rule-Based Machine Translation (RBMT) Market Revenue (USD Million) and Growth Rate (%), 2018-2030

4.2.4. Neural Machine Translation (NMT)

4.2.4.1. Neural Machine Translation (NMT) Market Revenue (USD Million) and Growth Rate (%), 2018-2030

4.2.5. Hybrid Machine Translation (HMT)

4.2.5.1. Hybrid Machine Translation (HMT) Market Revenue (USD Million) and Growth Rate (%), 2018-2030

4.2.6. Example-Based Machine Translation (EBMT)

4.2.6.1. Example-Based Machine Translation (EBMT) Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 5. Machine Translation Market By Deployment Type

5.1. Introduction

5.2. Machine Translation Market Revenue By Deployment Type 

5.2.1. Machine Translation Market Revenue (USD Million) and Forecast, By Deployment Type, 2018-2030

5.2.2. On-Premise

5.2.2.1. On-Premise  Market Revenue (USD Million) and Growth Rate (%), 2018-2030

5.2.3. Cloud

5.2.3.1. Cloud Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 6. Machine Translation Market By Application

6.1. Introduction

6.2. Machine Translation Market Revenue By Application

6.2.1. Machine Translation Market Revenue (USD Million) and Forecast, By Application, 2018-2030

6.2.2. Automotive

6.2.2.1. Automotive Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.3. BFSI

6.2.3.1. BFSI Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.4. E-Commerce

6.2.4.1. E-Commerce Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.5. Electronics

6.2.5.1. Electronics Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.6. Healthcare

6.2.6.1. Healthcare Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.7. IT & Telecom

6.2.7.1. IT & Telecom Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.8. Military & Defense

6.2.8.1. Military & Defense Market Revenue (USD Million) and Growth Rate (%), 2018-2030

6.2.9. Others

6.2.9.1. Others Market Revenue (USD Million) and Growth Rate (%), 2018-2030

CHAPTER 7. North America Machine Translation Market By Country

7.1. North America Machine Translation Market Overview

7.2. U.S.

7.2.1. U.S. Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

7.2.2. U.S. Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

7.2.3. U.S. Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

7.3. Canada

7.3.1. Canada Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

7.3.2. Canada Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

7.3.3. Canada Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

7.4. North America PEST Analysis

CHAPTER 8. Europe Machine Translation Market By Country

8.1. Europe Machine Translation Market Overview

8.2. U.K.

8.2.1. U.K. Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

8.2.2. U.K. Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

8.2.3. U.K. Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

8.3. Germany

8.3.1. Germany Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

8.3.2. Germany Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

8.3.3. Germany Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

8.4. France

8.4.1. France Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

8.4.2. France Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

8.4.3. France Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

8.5. Spain

8.5.1. Spain Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

8.5.2. Spain Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

8.5.3. Spain Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

8.6. Rest of Europe

8.6.1. Rest of Europe Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

8.6.2. Rest of Europe Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

8.6.3. Rest of Europe Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

8.7. Europe PEST Analysis

CHAPTER 9. Asia-Pacific Machine Translation Market By Country

9.1. Asia-Pacific Machine Translation Market Overview

9.2. China

9.2.1. China Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

9.2.2. China Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

9.2.3. China Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

9.3. Japan

9.3.1. Japan Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

9.3.2. Japan Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

9.3.3. Japan Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

9.4. India

9.4.1. India Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

9.4.2. India Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

9.4.3. India Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

9.5. Australia

9.5.1. Australia Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

9.5.2. Australia Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

9.5.3. Australia Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

9.6. South Korea

9.6.1. South Korea Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

9.6.2. South Korea Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

9.6.3. South Korea Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

9.7. Rest of Asia-Pacific

9.7.1. Rest of Asia-Pacific Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

9.7.2. Rest of Asia-Pacific Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

9.7.3. Rest of Asia-Pacific Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

9.8. Asia-Pacific PEST Analysis

CHAPTER 10. Latin America Machine Translation Market By Country

10.1. Latin America Machine Translation Market Overview

10.2. Brazil

10.2.1. Brazil Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

10.2.2. Brazil Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

10.2.3. Brazil Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

10.3. Mexico

10.3.1. Mexico Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

10.3.2. Mexico Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

10.3.3. Mexico Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

10.4. Rest of Latin America

10.4.1. Rest of Latin America Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

10.4.2. Rest of Latin America Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

10.4.3. Rest of Latin America Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

10.5. Latin America PEST Analysis

CHAPTER 11. Middle East & Africa Machine Translation Market By Country 

11.1. Middle East & Africa Machine Translation Market Overview

11.2. GCC

11.2.1. GCC Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

11.2.2. GCC Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

11.2.3. GCC Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

11.3. South Africa

11.3.1. South Africa Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

11.3.2. South Africa Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

11.3.3. South Africa Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

11.4. Rest of Middle East & Africa

11.4.1. Rest of Middle East & Africa Machine Translation Market Revenue (USD Million) and Forecast By Technology, 2018-2030

11.4.2. Rest of Middle East & Africa Machine Translation Market Revenue (USD Million) and Forecast By Deployment Type, 2018-2030

11.4.3. Rest of Middle East & Africa Machine Translation Market Revenue (USD Million) and Forecast By Application, 2018-2030

11.5. Middle East & Africa PEST Analysis

CHAPTER 12. Player Analysis Of Machine Translation Market

12.1. Machine Translation Market Company Share Analysis

12.2. Competition Matrix

12.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

12.2.2. New Technology Launches and Technology Enhancements

12.2.3. Mergers And Acquisition In Global Machine Translation Market

12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 13. Company Profile

13.1. AppTek LLC

13.1.1. Company Snapshot

13.1.2. Business Overview

13.1.3. Financial Overview

13.1.3.1. Revenue (USD Million), 2021

13.1.3.2. AppTek LLC 2021 Machine Translation Business Regional Distribution

13.1.4. Technology /Service and Specification

13.1.5. Recent Developments & Business Strategy

13.2. AWS

13.3. Alibaba Cloud

13.4. Baidu

13.5. Cloudwords Inc.

13.6. Google LLC (Alphabet Inc.)

13.7. IBM Corporation

13.8. Lionbridge Technologies, Inc.

13.9. Microsoft Corporation

13.10. PROMT

13.11. Smart Communications, Inc.

13.12. Tencent Cloud TMT

13.13. Raytheon BBN Technologies Corp

13.14. Systran International

Frequently Asked Questions

What was the market size of the global machine translation in 2021?

The market size of machine translation was USD 812.6 Million in 2021.

What is the CAGR of the global machine translation market during forecast period of 2022 to 2030?

The CAGR of machine translation market is 19.9% during the analysis period of 2022 to 2030.

Which are the key players operating in the market?

The key players operating in the global machine translation market are 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, and Systran International.

Which region held the dominating position in the global machine translation market?

North America held the dominating position in machine translation market during the analysis period of 2022 to 2030.

Which region registered the fastest growing CAGR for the forecast period of 2022 to 2030?

Asia-Pacific region exhibited fastest growing CAGR for machine translation market during the analysis period of 2022 to 2030.

What are the current trends and dynamics in the global machine translation market?

The current trends and dynamics in the machine translation industry include increase in demand for multilingual communication, rising adoption of machine translation in various industries, and surging volume of digital content.

Which technology held the maximum share in 2021?

The rule-based machine translation (RBMT) technology held the maximum share of the machine translation market.

Select Licence Type

Single User

US$ 4500

Multi User

US$ 7000

Excel Datapack

US$ 2000

Why Acumen Research And Consulting

100%

Customer Satisfaction

24x7

Availability - we are always there when you need us

200+

Fortune 50 Companies trust Acumen Research and Consulting

80%

of our reports are exclusive and first in the industry

100%

more data and analysis

1000+

reports published till date