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Global Language Services Market 2020-2024 - Increased Focus on Transcreation Set to Drive Market Growth - ResearchAndMarkets.com

January 27, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 27, 2020--

The “Global Language Services Market 2020-2024” report has been added to ResearchAndMarkets.com’s offering.

The language services market report provides a forecast and analysis at global and regional level as well as for key countries during the period 2020-2024. The study includes the latest drivers and restraints and analyzes the current global market scenario, to provide the current and forecasted market situation to 2024.

The market is segmented based on end-user into:

Increased emphasis on transcreation will drive the language services market through the forecast period. The market growth will also be impacted by trends such as an increase in localization of video content, and increased adoption of mobile translation.

The impact of key challenges such as open source language service tools, shortage of professional translators, and market fragmentation on the market is analyzed in detail in this report. These challenges, if all come true during the forecast period, will have a significant negative influence on the market.

To improve their market presence, many vendors in the market are increasing investments in increasing capacity, marketing and sales, improving distribution network, and logistics & warehousing. To provide a holistic view of the market, detailed competitive scenario and product offerings of the prominent vendors have been covered in this report, including Lionbridge, Mayflower Language Services, RWS Group, SDL Language Services, and Semantix. A Porter’s five force analysis is also included to provide a comprehensive view of the competitive landscape.

Key areas covered in the report:

Key Topics Covered:

1 Executive Summary

2 Market Landscape

2.1 Market Ecosystem

2.2 Market Characteristics

2.3 Value Chain Analysis

3 Market Sizing

3.1 Market Definition

3.2 Market Segmentation Analysis

3.3 Market Size 2019

3.4 Market Outlook: Forecast 2019-2024

4 Five Forces Analysis

4.1 Bargaining Power of Buyers

4.2 Bargaining Power of Suppliers

4.3 Threat of New Entrants

4.4 Threat of Substitutes

4.5 Threat of Rivalry

4.6 Market Condition

5 Market Segmentation

6 Customer Landscape

7 Geographic Landscape

7.1 Geographic Segmentation

7.2 Geographic Comparison

7.3 Europe - Market Size and Forecast 2019-2024

7.4 North America - Market Size and Forecast 2019-2024

7.5 APAC - Market Size and Forecast 2019-2024

7.6 South America - Market Size and Forecast 2019-2024

7.7 MEA - Market Size and Forecast 2019-2024

7.8 Key Leading Countries

7.9 Market Opportunity

8 Drivers, Challenges and Trends

8.1 Market Drivers

8.2 Market Challenges

8.3 Market Trends

9 Vendor landscape

9.1 Overview

9.2 Landscape Disruption

10 Vendor Analysis

10.1 Vendors Covered

10.2 Market Positioning of Vendors

11 Appendix

11.1 Scope of the report

11.2 Currency conversion rates for US$

11.3 Research methodology

11.4 Information sources

11.5 List of abbreviations

11.6 List of Exhibits

For more information about this report visit https://www.researchandmarkets.com/r/bd3vc4

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Research and Markets

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PUB: 01/27/2020 05:10 AM/DISC: 01/27/2020 05:10 AM

http://www.businesswire.com/news/home/20200127005265/en