Machine Translation Market 2015 Review, Research, Industry Analysis, Trends and Forecast 2019
Machine translation (MT) is the translation of words by a computer from one language to another. Global Machine Translation market to grow at a CAGR of 23.53% over the period 2014-2019. It is one of the major sub-fields of computational linguistics, and deals with statistical or rule-based modeling of natural language. It enables speedy translation of documents and content. It is a cost-effective method employed by several companies to create multilingual content for a global website.