About Machine Translation
Machine translation (MT) is the translation of words by a computer from one language to another. 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.
TechNavio's analysts forecast the Global Machine Translation market to grow at a CAGR of 23.53 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Machine Translation market during the period 2015–2019. For ascertaining the market size and vendor share, the report considers revenue obtained from the sales of machine translation services and products.
TechNavio's report, Global Machine Translation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Machine Translation market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• IBM
• Lionbridge Technologies
• SDL International
Other Prominent Vendors
• Asia Online
• Cloudwords
• Lighthouse IP group
• Lingotek
• Moravia IT
• myGengo
• Welocalize
Market Driver
• Rapidly Increasing Volume of Content
• For a full, detailed list, view our report.
Market Challenge
• Dominance of Human Translators
• For a full, detailed list, view our report.
Market Trend
• Integrating Translation Processes in Project Plans
• For a full, detailed list, view our report.
Key Questions Answered in this Report
• What will the market size be in 2019 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?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Workflow of Machine Translation System
Input Text
Filtering
Conversion
Morphological Analysis
Syntactic Analysis
Identification of Non-textual Content
Quality Check
Target Text
07. Market Landscape
07.1 Global Machine Translation Market
07.1.1 Market Size and Forecast
07.2 Global Human Translation Market
07.2.1 Market Size and Forecast
07.3 Five Forces Analysis
08. Geographical Segmentation
08.1 Geographical Segmentation of Global Machine Translation Market 2014-2019
08.2 Machine Translation Market in EMEA Region
08.2.1 Market Size and Forecast
08.3 Machine Translation Market in Americas
08.3.1 Market Size and Forecast
08.4 Machine Translation Market in APAC Region
08.4.1 Market Size and Forecast
09. Buying Criteria
09.1 Parameters
Availability
Consistency
Speed
Total Cost of Ownership
10 Market Growth Drivers
11 Drivers and their Impact
12 Market Challenges
13 Impact of Drivers and Challenges
14 Market Trends
15 Trends and their Impact
16 Vendor Landscape
16.1.1 Key news
16.1.2 Key Mergers and Acquisitions
16.2 Other Prominent Vendors
17 Key Vendor Analysis
17.1 IBM
17.1.1 Key Facts
17.1.2 Business Description
17.1.3 Business Segmentation
17.1.4 Revenue Segmentation by Business Segment
17.1.5 Revenue Segmentation by Business Operation
17.1.6 Revenue Comparison of Business Segments 2012 and 2013
17.1.7 Revenue Segmentation by Geography
17.1.8 Business Strategy
17.1.9 Key Developments
17.1.10 SWOT Analysis
17.2 Lionbridge
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Business Segmentation by Revenue 2013
17.2.4 Business Segmentation by Revenue 2012 and 2013
17.2.5 Geographical Segmentation by Revenue 2013
17.2.6 Business Strategy
17.2.7 Recent Developments
17.2.8 SWOT Analysis
17.3 SDL
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 Business Segmentation by Revenue 2013
17.3.4 Business Segmentation by Revenue 2012 and 2013
17.3.5 Geographical Segmentation by Revenue 2013
17.3.6 Business Strategy
17.3.7 Recent Developments
17.3.8 SWOT Analysis
18 Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Workflow of Machine Translation System
Exhibit 3: Global Machine Translation Market 2014-2019 (US$ billion)
Exhibit 4: Global Human Translation Market 2014-2019 (US$ billion)
Exhibit 5: Geographical Segmentation of Global Machine Translation Market 2014
Exhibit 6: Geographical Segmentation of Global Machine Translation Market 2019
Exhibit 7: Geographical Segmentation of Global Machine Translation Market 2014-2019
Exhibit 8: Machine Translation Market in EMEA Region 2014-2019 (US$ billion)
Exhibit 9: Machine Translation Market in Americas 2014-2019 (US$ billion)
Exhibit 10: Machine Translation Market in APAC Region 2014-2019 (US$ billion)
Exhibit 11: Machine Translation Market
Exhibit 12: Language Penetration Rate in World Wide Web 2014
Exhibit 13: IBM: Business Segmentation
Exhibit 14: IBM: Revenue Segmentation by Business 2013
Exhibit 15: IBM: Revenue Segmentation 2013
Exhibit 16: IBM: Revenue Comparison of Business Segments 2012 and 2013 (US$ million)
Exhibit 17: IBM: Revenue Segmentation by Geography 2013
Exhibit 18: Lionbridge: Business Segmentation by Revenue 2013
Exhibit 19: Lionbridge: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 20: Lionbridge: Geographical Segmentation by Revenue 2013
Exhibit 21: SDL: Business Segmentation by Revenue 2013
Exhibit 22: SDL: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 23: SDL: Geographical Segmentation by Revenue 2013
