Report Summary
Eternity Insights has published a new study on Global Machine Translation (MT) Market focusing on key segments By Technology (Statistical Machine Translation (SMT), Rule-Based Machine Translation (RBMT), Neural Machine Translation, Hybrid Machine Translation, Example-Based Machine Translation), By Deployment Model (On-Premise, Cloud), By Application (Automotive, BFSI, E-Commerce, Electronics, Healthcare, IT & Telecommunications, Military & Defense, Others), and by region. This deep dive re-search report highlights the market and competitive intelligence across the key segments of the mar-ket. The report also considers the impact of COVID-19 on the global Machine Translation (MT) Market.
The report considers 2018-2020 as historic period, 2021 as base year, and 2022-2028 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition. Moreover, key insights related to market having direct impact on the market will also be covered.
Machine Translation (MT) Market report is based on robust research methodology designed using blend of research ap-proaches developed using secondary/desk research and validated through the primary research and expert insights. Eternity Insights also uses paid data bases such as FACIVA, Hoovers, and other bench-marking and forecasting tools to provide accurate statistical analysis of supply and demand trends.
Global Machine Translation (MT) Market Size, 2018-2028 (USD Million)
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Global Machine Translation (MT) Market Segmentation:
Machine Translation (MT) Market, By Technology
- Statistical Machine Translation (SMT)
- Rule-based Machine Translation (RBMT)
- Neural machine translation
- Hybrid machine translation
- Example-based machine translation
Machine Translation (MT) Market, By Deployment Model
Machine Translation (MT) Market, By Application
- Automotive
- BFSI
- E-Commerce
- Electronics
- Healthcare
- IT & telecommunications
- Military & defense
- Others
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Geographically, the market is categorized in to five regions as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America region dominates the global Machine Translation (MT) market in terms of demand generation. The Machine Translation (MT) market in Asia Pacific region is expected to grow at significantly high growth rate. The regional market is further sub-segmented and analyzed at granular level across key countries. The report will include market size and forecast for Machine Translation (MT) market for below listed coun-tries across each region.
North America (U.S. and Canada), Europe (Germany, France, Italy, UK, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific region); Latin America (Brazil, Mexico, and rest of the Latin America); Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa).
Global Machine Translation (MT) Market Taxonomy:
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Global Machine Translation (MT) Market Competitive Landscape
The global Machine Translation (MT) market analysis report covers detailed analysis of competitive scenario across globe. The report includes profiles of leading players covering below details
- Company Overview
- Financial Analysis
- Product Portfolio Analysis
- Strategic Overview
- SWOT Analysis
List of Companies Profiled in the report:
- Microsoft Corporation
- SYSTRAN
- PROMT Ltd.
- SDL Plc.
- Venga Global
- Lionbridge Technologies, Inc.
- Honyaku Center Inc.
- International Business Machines Corporation (IBM)
- Google Inc.
- TransPerfect Translations International Inc.
- Other Players of Specific Interest can be added based on the requirement
Market Segmentation
| Report Attributes |
Details |
| The market size value in 2021 |
USD XX.XX Million |
| CAGR (2021 - 2028) |
XX.XX % |
| The Revenue forecast in 2028 |
USD XX.XX Million |
| Base year for estimation |
2021 |
| Historical data |
2018-2019 |
| Forecast period |
2022-2028 |
| Quantitative units |
- Revenue in USD Million
- CAGR from 2021 to 2028
|
| Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered |
By Type Outlook, Application Outlook, Regional Outlook |
| By Technology Outlook |
Statistical Machine Translation (SMT), Rule-Based Machine Translation (RBMT), Neural Machine Translation, Hybrid Machine Translation, Example-Based Machine Translation |
| By Application Outlook |
Automotive, BFSI, E-Commerce, Electronics, Healthcare, IT & Telecommunications, Military & Defense, Others |
| Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Country scope |
U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey |
| Key companies profiled |
Microsoft Corporation, SYSTRAN, PROMT Ltd., SDL Plc., Venga Global, Lionbridge Technologies, Inc., Honyaku Center Inc., International Business Machines Corporation (IBM), Google Inc., TransPerfect Translations International Inc. |
| Customization Available |
Yes, the report can be tailored to meet your specific requirements. |
Key Benefits to the stakeholders
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table Of Contents
Global Machine Translation (MT) Industry Market Research Report
1 Machine Translation (MT) Introduction and Market Overview
1.1 Objectives of the Study
1.2 Definition of Machine Translation (MT)
1.3 Machine Translation (MT) Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Machine Translation (MT) Value ($) and Growth Rate from 2014-2026
1.4 Market Segmentation
1.4.1 Types of Machine Translation (MT)
1.4.2 Applications of Machine Translation (MT)
1.4.3 Research Regions
1.4.3.1 North America Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.4.3.2 Europe Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.4.3.3 China Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.4.3.4 Japan Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.4.3.5 Middle East & Africa Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.4.3.6 India Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.4.3.7 South America Machine Translation (MT) Production Value ($) and Growth Rate (2014-2019)
1.5 Market Dynamics
1.5.1 Drivers
1.5.1.1 Emerging Countries of Machine Translation (MT)
1.5.1.2 Growing Market of Machine Translation (MT)
1.5.2 Limitations
1.5.3 Opportunities
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
2 Industry Chain Analysis
2.1 Upstream Raw Material Suppliers of Machine Translation (MT) Analysis
2.2 Major Players of Machine Translation (MT)
2.2.1 Major Players Manufacturing Base and Market Share of Machine Translation (MT) in 2018
2.2.2 Major Players Product Types in 2018
2.3 Machine Translation (MT) Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Machine Translation (MT)
2.3.3 Raw Material Cost of Machine Translation (MT)
2.3.4 Labor Cost of Machine Translation (MT)
2.4 Market Channel Analysis of Machine Translation (MT)
2.5 Major Downstream Buyers of Machine Translation (MT) Analysis
3 Global Machine Translation (MT) Market, by Type
3.1 Global Machine Translation (MT) Value ($) and Market Share by Type (2014-2019)
3.2 Global Machine Translation (MT) Production and Market Share by Type (2014-2019)
3.3 Global Machine Translation (MT) Value ($) and Growth Rate by Type (2014-2019)
3.4 Global Machine Translation (MT) Price Analysis by Type (2014-2019)
4 Machine Translation (MT) Market, by Application
4.1 Global Machine Translation (MT) Consumption and Market Share by Application (2014-2019)
4.2 Downstream Buyers by Application
4.3 Global Machine Translation (MT) Consumption and Growth Rate by Application (2014-2019)
5 Global Machine Translation (MT) Production, Value ($) by Region (2014-2019)
5.1 Global Machine Translation (MT) Value ($) and Market Share by Region (2014-2019)
5.2 Global Machine Translation (MT) Production and Market Share by Region (2014-2019)
5.3 Global Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.4 North America Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.5 Europe Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.6 China Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.7 Japan Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.8 Middle East & Africa Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.9 India Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
5.10 South America Machine Translation (MT) Production, Value ($), Price and Gross Margin (2014-2019)
6 Global Machine Translation (MT) Production, Consumption, Export, Import by Regions (2014-2019)
6.1 Global Machine Translation (MT) Consumption by Regions (2014-2019)
6.2 North America Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
6.3 Europe Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
6.4 China Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
6.5 Japan Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
6.6 Middle East & Africa Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
6.7 India Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
6.8 South America Machine Translation (MT) Production, Consumption, Export, Import (2014-2019)
7 Global Machine Translation (MT) Market Status and SWOT Analysis by Regions
7.1 North America Machine Translation (MT) Market Status and SWOT Analysis
7.2 Europe Machine Translation (MT) Market Status and SWOT Analysis
7.3 China Machine Translation (MT) Market Status and SWOT Analysis
7.4 Japan Machine Translation (MT) Market Status and SWOT Analysis
7.5 Middle East & Africa Machine Translation (MT) Market Status and SWOT Analysis
7.6 India Machine Translation (MT) Market Status and SWOT Analysis
7.7 South America Machine Translation (MT) Market Status and SWOT Analysis
8 Competitive Landscape
8.1 Competitive Profile
8.2 Microsoft Corporation
8.2.1 Company Profiles
8.2.2 Machine Translation (MT) Product Introduction
8.2.3 Microsoft Corporation Production, Value ($), Price, Gross Margin 2014-2019
8.2.4 Microsoft Corporation Market Share of Machine Translation (MT) Segmented by Region in 2018
8.3 SYSTRAN
8.3.1 Company Profiles
8.3.2 Machine Translation (MT) Product Introduction
8.3.3 SYSTRAN Production, Value ($), Price, Gross Margin 2014-2019
8.3.4 SYSTRAN Market Share of Machine Translation (MT) Segmented by Region in 2018
8.4 PROMT Ltd.
8.4.1 Company Profiles
8.4.2 Machine Translation (MT) Product Introduction
8.4.3 PROMT Ltd. Production, Value ($), Price, Gross Margin 2014-2019
8.4.4 PROMT Ltd. Market Share of Machine Translation (MT) Segmented by Region in 2018
8.5 SDL Plc.
8.5.1 Company Profiles
8.5.2 Machine Translation (MT) Product Introduction
8.5.3 SDL Plc. Production, Value ($), Price, Gross Margin 2014-2019
8.5.4 SDL Plc. Market Share of Machine Translation (MT) Segmented by Region in 2018
8.6 Venga Global
8.6.1 Company Profiles
8.6.2 Machine Translation (MT) Product Introduction
8.6.3 Venga Global Production, Value ($), Price, Gross Margin 2014-2019
8.6.4 Venga Global Market Share of Machine Translation (MT) Segmented by Region in 2018
8.7 Lionbridge Technologies, Inc.
8.7.1 Company Profiles
8.7.2 Machine Translation (MT) Product Introduction
8.7.3 Lionbridge Technologies, Inc. Production, Value ($), Price, Gross Margin 2014-2019
8.7.4 Lionbridge Technologies, Inc. Market Share of Machine Translation (MT) Segmented by Region in 2018
8.8 Honyaku Center Inc.
8.8.1 Company Profiles
8.8.2 Machine Translation (MT) Product Introduction
8.8.3 Honyaku Center Inc. Production, Value ($), Price, Gross Margin 2014-2019
8.8.4 Honyaku Center Inc. Market Share of Machine Translation (MT) Segmented by Region in 2018
8.9 International Business Machines Corporation (IBM)
8.9.1 Company Profiles
8.9.2 Machine Translation (MT) Product Introduction
8.9.3 International Business Machines Corporation (IBM) Production, Value ($), Price, Gross Margin 2014-2019
8.9.4 International Business Machines Corporation (IBM) Market Share of Machine Translation (MT) Segmented by Region in 2018
8.10 Google Inc.
8.10.1 Company Profiles
8.10.2 Machine Translation (MT) Product Introduction
8.10.3 Google Inc. Production, Value ($), Price, Gross Margin 2014-2019
8.10.4 Google Inc. Market Share of Machine Translation (MT) Segmented by Region in 2018
8.11 TransPerfect Translations International Inc.
8.11.1 Company Profiles
8.11.2 Machine Translation (MT) Product Introduction
8.11.3 TransPerfect Translations International Inc. Production, Value ($), Price, Gross Margin 2014-2019
8.11.4 TransPerfect Translations International Inc. Market Share of Machine Translation (MT) Segmented by Region in 2018
9 Global Machine Translation (MT) Market Analysis and Forecast by Type and Application
9.1 Global Machine Translation (MT) Market Value ($) & Volume Forecast, by Type (2019-2026)
9.1.1 Rule-Based Machine Translation (RBMT) Market Value ($) and Volume Forecast (2019-2026)
9.1.2 Statistical Machine Translation (SMT) Market Value ($) and Volume Forecast (2019-2026)
9.1.3 Others Market Value ($) and Volume Forecast (2019-2026)
9.2 Global Machine Translation (MT) Market Value ($) & Volume Forecast, by Application (2019-2026)
9.2.1 Automotive Market Value ($) and Volume Forecast (2019-2026)
9.2.2 Military & Defense Market Value ($) and Volume Forecast (2019-2026)
9.2.3 Electronics Market Value ($) and Volume Forecast (2019-2026)
9.2.4 IT Market Value ($) and Volume Forecast (2019-2026)
9.2.5 Healthcare Market Value ($) and Volume Forecast (2019-2026)
10 Machine Translation (MT) Market Analysis and Forecast by Region
10.1 North America Market Value ($) and Consumption Forecast (2019-2026)
10.2 Europe Market Value ($) and Consumption Forecast (2019-2026)
10.3 China Market Value ($) and Consumption Forecast (2019-2026)
10.4 Japan Market Value ($) and Consumption Forecast (2019-2026)
10.5 Middle East & Africa Market Value ($) and Consumption Forecast (2019-2026)
10.6 India Market Value ($) and Consumption Forecast (2019-2026)
10.7 South America Market Value ($) and Consumption Forecast (2019-2026)
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Research Finding and Conclusion
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Maia Subscription Portal
13.3 Research Data Source
13.4 Research Assumptions and Acronyms Used
