Market Research Report

Global Machine Translation Market Report By End-User (Automotive, Military & Defense, Electronics, IT, Healthcare, Others), By Technology (Statistical Machine Translation, Rule-based Machine Translation, Neural Machine Translation, Other Technologies), By Deployment (On Premise, Cloud) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11213541
April 2021
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Machine Translation Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
 
Machine translation (MT) are automated software that helps in translating source content into target languages. Humans use machine translation tools to convert text and speech into another language. MT tools are majorly used to translate large amounts of information, involving millions of words that could not be translated by conventional methods. The benefits of machine translation include reduced time, cost-efficiency for large data, flexible, adaptable, programmable and developer-friendly.
 
Market Dynamics
 
The growing use of computer-assisted tools and emerging demand for content localization in different languages by businesses across the globe are the major factor driving the machine translation market over the forecast period. In addition to that, growing importance of businesses in emerging markets, creation of online content, and call for for enabling global collaboration among employees are other factors that are highly contributing to the growth of the machine translation market. The rising volumes of big data, as well as the growing need for cost-effective and high-speed translation, are expected to strengthen demand for MT systems, thus creating a positive impact on market growth. The blend of translation memory(TM) and MT systems, leading to fully integrated workflows and migration of MT to cloud services can be viewed as a lucrative opportunity in the machine translation market.
 
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of machine translation.
 
Market Segmentation
 
The entire machine translation market has been sub-categorized into end-user, technology and deployment. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By End-User
  • Automotive
  • Military & Defense
  • Electronics
  • IT
  • Healthcare
  • Others
 
By Technology
  • Statistical Machine Translation
  • Rule-based Machine Translation
  • Neural Machine Translation
  • Other Technologies
 
By Deployment
  • On Premise
  • Cloud
 
Regional Analysis
 
This section covers regional segmentation which accentuates on current and future demand for machine translation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
 
Global Machine Translation Market Share by Region (Representative Graph)
 
Global Machine Translation Market Share
 
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the machine translation market include IBM Corporation, Microsoft Corporation, Lionbridge Technologies Inc., Omniscien Technologies Inc., AppTek LLC, Cloudwords, Inc., Google Inc., Lighthouse IP Group, Lingotek, Inc., Moravia IT, Lucy Software and Services GmbH, PangeanicMT, PROMT Ltd., SDL PLC, Systran International, Smart Communications, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
                                          
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1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Machine Translation Market
       2.2. Global Machine Translation Market Snapshot
 
3 . MACHINE TRANSLATION – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Machine Translation Market
       3.3. Market Restraints of Machine Translation Market
       3.4. Opportunities of Machine Translation Market
       3.5. Trends of Machine Translation Market
       3.6. Porter’s Five Force Analysis of Machine Translation Market
       3.7. Machine Translation Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by End-User
           3.7.2 Market Attractive Analysis by Technology
           3.7.3 Market Attractive Analysis by Deployment
           3.7.4 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Machine Translation Value Chain Analysis
       4.2. Machine Translation Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Machine Translation Raw Material Manufactures List
           4.2.3. Price Trend of Machine Translation Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak on Machine Translation Market
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Machine Translation Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Machine Translation Market Size in 2020, by Scenario
       5.5. COVID-19: Micro and Macro Factor Analysis on Machine Translation Market
 
6 . GLOBAL MACHINE TRANSLATION MARKET ANALYSIS BY END-USER
       6.1 Overview by End-User
       6.2 Historical Data 2015-2018
       6.3 Global Machine Translation Market Analysis by End-User
       6.4 Market Analysis of Automotive by Regions
       6.6 Market Analysis of Military & Defense by Regions
       6.5 Market Analysis of Electronics by Regions
       6.7 Market Analysis of IT by Regions
       6.8 Market Analysis of Healthcare by Regions
       6.9 Market Analysis of Others by Regions
 
7 . GLOBAL MACHINE TRANSLATION MARKET ANALYSIS BY TECHNOLOGY
       7.1 Overview by Technology
       7.2 Historical Data 2015-2018
       7.3 Global Machine Translation Market Analysis by Technology
       7.4 Market Analysis of Statistical Machine Translation by Regions
       7.5 Market Analysis of Rule-based Machine Translation by Regions
       7.6 Market Analysis of Neural Machine Translation by Regions
       7.7 Market Analysis of Other Technologies by Regions
 
8 . GLOBAL MACHINE TRANSLATION MARKET ANALYSIS BY DEPLOYMENT
       8.1 Overview by Deployment
       8.2 Historical Data 2015-2018
       8.3 Global Machine Translation Market Analysis by Deployment
       8.4 Market Analysis of On Premise by Regions
       8.5 Market Analysis of Cloud by Regions
 
9 . GLOBAL MACHINE TRANSLATION MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview and Historic Data
           9.3.2. North America Machine Translation Market Estimate By Market Segment
           9.3.3. North America Machine Translation Market Estimate By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview and Historic Data
           9.4.2. Europe Machine Translation Market Estimate by Market Segment
           9.4.3. Europe Machine Translation Market Estimate by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview and Historic Data
           9.5.2. Asia Pacific Machine Translation Market Estimate by Market Segment
           9.5.3. Asia Pacific Machine Translation Market Estimate by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview and Historic Data
           9.6.2. Latin America Machine Translation Market Estimate by Market Segment
           9.6.3. Latin America Machine Translation Market Estimate by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview and Historic Data
           9.7.2. Middle East & Africa Machine Translation Market Estimate by Market Segment
           9.7.3. Middle East & Africa Machine Translation Market Estimate by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE MACHINE TRANSLATION COMPANIES
       10.1. Machine Translation Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF MACHINE TRANSLATION INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. IBM Corporation
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Microsoft Corporation
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Lionbridge Technologies Inc.
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Omniscien Technologies Inc.
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. AppTek LLC,
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Cloudwords, Inc.,
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Google Inc.
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Lighthouse IP Group
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Lingotek, Inc.,
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Moravia IT
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Lucy Software and Services GmbH,
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
       11.14. PangeanicMT
           11.14.1. Company Overview
           11.14.2. Financials
           11.14.3. Products
           11.14.4. Recent Developments
       11.15. PROMT Ltd.
           11.15.1. Company Overview
           11.15.2. Financials
           11.15.3. Products
           11.15.4. Recent Developments
       11.16. SDL PLC
           11.16.1. Company Overview
           11.16.2. Financials
           11.16.3. Products
           11.16.4. Recent Developments
       11.17. Systran International
           11.17.1. Company Overview
           11.17.2. Financials
           11.17.3. Products
           11.17.4. Recent Developments
       11.18. Smart Communications, Inc.
           11.18.1. Company Overview
           11.18.2. Financials
           11.18.3. Products
           11.18.4. Recent Developments
 
 *Note - In company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Machine Translation Market Snapshot
  • Drivers of The Global Machine Translation Market Impact Analysis
  • Restraints of The Global Machine Translation Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Machine Translation Market: Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Machine Translation Market Size In 2020, By Scenario
  • COVID-19: Micro and Macro Factor Analysis on Machine Translation Market
  • Global Machine Translation Market Analysis by End-User (USD MN)
  • Historic Data 2015-2018
  • Global Machine Translation Market Analysis in Automotive by Geography (USD MN)
  • Global Machine Translation Market Analysis in Military & Defense by Geography (USD MN)
  • Global Machine Translation Market Analysis in Electronics by Geography (USD MN)
  • Global Machine Translation Market Analysis in IT by Geography (USD MN)
  • Global Machine Translation Market Analysis in Healthcare by Geography (USD MN)
  • Global Machine Translation Market Analysis in Others by Geography (USD MN)
  • Global Machine Translation Market Analysis by Technology (USD MN)
  • Historic Data 2015-2018
  • Global Machine Translation Market Analysis in Statistical Machine Translation by Geography (USD MN)
  • Global Machine Translation Market Analysis in Rule-based Machine Translation by Geography (USD MN)
  • Global Machine Translation Market Analysis in Neural Machine Translation by Geography (USD MN)
  • Global Machine Translation Market Analysis in Other Technologies by Geography (USD MN)
  • Global Machine Translation Market Analysis by Deployment (USD MN)
  • Historic Data 2015-2018
  • Global Machine Translation Market Analysis in On Premise by Geography (USD MN)
  • Global Machine Translation Market Analysis in Cloud by Geography (USD MN)
  • Historic Data 2015-2018
  • Global Machine Translation Market by Geography (USD MN)
  • Historic Data 2015-2018
  • North America Machine Translation Market Analysis by End-User (USD MN)
  • North America Machine Translation Market Estimate by Technology (USD MN)
  • North America Machine Translation Market Analysis by Deployment (USD MN)
  • North America Machine Translation Market Estimate by Country (USD MN)
  • United State Machine Translation Market Analysis by End-User (USD MN)
  • United State Machine Translation Market Estimate by Technology (USD MN)
  • United State Machine Translation Market Analysis by Deployment (USD MN)
  • Canada Machine Translation Market Analysis by End-User (USD MN)
  • Canada Machine Translation Market Estimate by Technology (USD MN)
  • Canada Machine Translation Market Estimate by Deployment (USD MN)
  • Mexico Machine Translation Market Analysis by End-User (USD MN)
  • Mexico Machine Translation Market Estimate by Technology (USD MN)
  • Mexico Machine Translation Market Estimate by Deployment (USD MN)
  • Europe Machine Translation Market Analysis by End-User (USD MN)
  • Europe Machine Translation Market Estimate by Technology (USD MN)
  • Europe Machine Translation Market Analysis by Deployment (USD MN)
  • Europe Machine Translation Market Estimate by Country (USD MN)
  • United Kingdom Machine Translation Market Analysis by End-User (USD MN)
  • United Kingdom Machine Translation Market Estimate by Technology (USD MN)
  • United Kingdom Machine Translation Market Analysis by Deployment (USD MN)
  • France Machine Translation Market Analysis by End-User (USD MN)
  • France Machine Translation Market Estimate by Technology (USD MN)
  • France Machine Translation Market Analysis by Deployment (USD MN)
  • Germany Machine Translation Market Analysis by End-User (USD MN)
  • Germany Machine Translation Market Estimate by Technology (USD MN)
  • Germany Machine Translation Market Analysis by Deployment (USD MN)
  • Italy Machine Translation Market Analysis by End-User (USD MN)
  • Italy Machine Translation Market Estimate by Technology (USD MN)
  • Italy Machine Translation Market Analysis by Deployment (USD MN)
  • Russia Machine Translation Market Analysis by End-User (USD MN)
  • Russia Machine Translation Market Estimate by Technology (USD MN)
  • Russia Machine Translation Market Analysis by Deployment (USD MN)
  • Spain Machine Translation Market Analysis by End-User (USD MN)
  • Spain Machine Translation Market Estimate by Technology (USD MN)
  • Spain Machine Translation Market Analysis by Deployment (USD MN)
  • Rest of Europe Machine Translation Market Analysis by End-User (USD MN)
  • Rest of Europe Machine Translation Market Estimate by Technology (USD MN)
  • Rest of Europe Machine Translation Market Analysis by Deployment (USD MN)
  • Asia Pacific Machine Translation Market Analysis by End-User (USD MN)
  • Asia Pacific Machine Translation Market Estimate by Technology (USD MN)
  • Asia Pacific Machine Translation Market Analysis by Deployment (USD MN)
  • Asia Pacific Machine Translation Market Estimate by Country (USD MN)
  • China Machine Translation Market Analysis by End-User (USD MN)
  • China Machine Translation Market Estimate by Technology (USD MN)
  • China Machine Translation Market Analysis by Deployment (USD MN)
  • Japan Machine Translation Market Analysis by End-User (USD MN)
  • Japan Machine Translation Market Estimate by Technology (USD MN)
  • Japan Machine Translation Market Analysis by Deployment (USD MN)
  • India Machine Translation Market Analysis by End-User (USD MN)
  • India Machine Translation Market Estimate by Technology (USD MN)
  • India Machine Translation Market Analysis by Deployment (USD MN)
  • South Korea Machine Translation Market Analysis by End-User (USD MN)
  • South Korea Machine Translation Market Estimate by Technology (USD MN)
  • South Korea Machine Translation Market Analysis by Deployment (USD MN)
  • Australia Machine Translation Market Analysis by End-User (USD MN)
  • Australia Machine Translation Market Estimate by Technology (USD MN)
  • Australia Machine Translation Market Analysis by Deployment (USD MN)
  • Rest of Asia Pacific Machine Translation Market Analysis by End-User (USD MN)
  • Rest of Asia Pacific Machine Translation Market Estimate by Technology (USD MN)
  • Rest of Asia Pacific Machine Translation Market Analysis by Deployment (USD MN)
  • Latin America Machine Translation Market Analysis by End-User (USD MN)
  • Latin America Machine Translation Market Estimate by Technology (USD MN)
  • Latin America Machine Translation Market Analysis by Deployment (USD MN)
  • Latin America Machine Translation Market Estimate by Country (USD MN)
  • Brazil Machine Translation Market Analysis by End-User (USD MN)
  • Brazil Machine Translation Market Estimate by Technology (USD MN)
  • Brazil Machine Translation Market Analysis by Deployment (USD MN)
  • Argentina Machine Translation Market Analysis by End-User (USD MN)
  • Argentina Machine Translation Market Estimate by Technology (USD MN)
  • Argentina Machine Translation Market Analysis by Deployment (USD MN)
  • Peru Machine Translation Market Analysis by End-User (USD MN)
  • Peru Machine Translation Market Estimate by Technology (USD MN)
  • Peru Machine Translation Market Analysis by Deployment (USD MN)
  • Chile Machine Translation Market Analysis by End-User (USD MN)
  • Chile Machine Translation Market Estimate by Technology (USD MN)
  • Chile Machine Translation Market Analysis by Deployment (USD MN)
  • Rest of Latin America Machine Translation Market Analysis by End-User (USD MN)
  • Rest of Latin America Machine Translation Market Estimate by Technology (USD MN)
  • Rest of Latin America Machine Translation Market Analysis by Deployment (USD MN)
  • Middle East & Africa Machine Translation Market Analysis by End-User (USD MN)
  • Middle East & Africa Machine Translation Market Estimate by Technology (USD MN)
  • Middle East & Africa Machine Translation Market Analysis by Deployment (USD MN)
  • Middle East & Africa Machine Translation Market Estimate by Country (USD MN)
  • Saudi Arabia Machine Translation Market Analysis by End-User (USD MN)
  • Saudi Arabia Machine Translation Market Estimate by Technology (USD MN)
  • Saudi Arabia Machine Translation Market Analysis by Deployment (USD MN)
  • UAE Machine Translation Market Analysis by End-User (USD MN)
  • UAE Machine Translation Market Estimate by Technology (USD MN)
  • UAE Machine Translation Market Analysis by Deployment (USD MN)
  • Israel Machine Translation Market Analysis by End-User (USD MN)
  • Israel Machine Translation Market Estimate by Technology (USD MN)
  • Israel Machine Translation Market Analysis by Deployment (USD MN)
  • South Africa Machine Translation Market Analysis by End-User (USD MN)
  • South Africa Machine Translation Market Estimate by Technology (USD MN)
  • South Africa Machine Translation Market Analysis by Deployment (USD MN)
  • Rest of Middle East and Africa Machine Translation Market Analysis by End-User (USD MN)
  • Rest of Middle East and Africa Machine Translation Market Estimate by Technology (USD MN)
  • Rest of Middle East and Africa Machine Translation Market Analysis by Deployment (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of Machine Translation Report
  • Market Research Process
  • Market Research Methodology
  • Global Machine Translation Market Size, by Region (2019)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by End-User
  • Market Attractiveness Analysis by Technology
  • Market Attractiveness Analysis by Deployment
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Machine Translation Market Analysis by End-User
  • Global Machine Translation Market Analysis in Automotive by Region
  • Global Machine Translation Market Analysis in Military & Defense by Region
  • Global Machine Translation Market Analysis in Electronics by Region
  • Global Machine Translation Market Analysis in IT by Region
  • Global Machine Translation Market Analysis in Healthcare by Region
  • Global Machine Translation Market Analysis in Others by Region
  • Global Machine Translation Market Analysis by Technology
  • Global Machine Translation Market Analysis in Statistical Machine Translation by Region
  • Global Machine Translation Market Analysis in Rule-based Machine Translation by Region
  • Global Machine Translation Market Analysis in Neural Machine Translation by Region
  • Global Machine Translation Market Analysis in Other Technologies by Region
  • Global Machine Translation Market Analysis by Deployment
  • Global Machine Translation Market Analysis in On Premise by Region
  • Global Machine Translation Market Analysis in Cloud by Region
  • Global Machine Translation Market by Revenue
  • North America Machine Translation Market by Revenue
  • Europe Machine Translation Market by Revenue
  • Asia Pacific Machine Translation Market by Revenue
  • Latin America Machine Translation Market by Revenue
  • Middle East & Africa Machine Translation Market by Revenue
  • Recent Development in Machine Translation Industry
  • Company Market Share Analysis
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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