New Business market report from TechNavio: "Global Language Services Market 2014-2018"

Boston, MA -- (SBWire) -- 09/18/2014 --An increase in the number of trade and business activities worldwide has forced companies to understand their customers' language, culture, and trends in a better way. This has led to the demand for language service providers (LSPs). LSPs help bridge the communication gap between clients, businesses, and individuals. Many language service providing companies offer a suite of services from document translation, website localization, and multilingual court reporting to oral interpretation. As a result of growing demand from end-users, language service providers include many services in their offerings.

TechNavio's analysts forecast the Global Language Services market to grow at a CAGR of 5.72 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Language Services market during the period 2014-2018. To calculate the market size, the report considers the revenue generated by the vendors through the following services: translation, interpreting, localization, and other language related services.

View Full Report Details and Table of Contents

TechNavio's report, the Global Language Services Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, MEA, and North America; it also covers the Global Language Services market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

- APAC
- Europe
- Latin America
- MEA
- North America

Key Vendors

- Euroscript
- HP
- Lionbridge
- SDL
- Star Group

Other Prominent Vendors

- CLS Communication
- Honyaku center
- ManpowerGroup Solution
- Moravia
- RWS Group
- thebigword Group
- Yamagata Intech

Market Driver

- Globalization
- For a full, detailed list, view our report

Market Challenge

- Intense Competition among Vendors
- For a full, detailed list, view our report

Market Trend

- Increased Adoption of Machine Translators
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Euroscript, HP, Lionbridge, SDL, Star Group, CLS Communication, Honyaku center, ManpowerGroup Solution, Moravia, RWS Group, thebigword Group, Yamagata Intech

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