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.
Analysts forecast the Global Machine Translation market to grow at a CAGR of 23.53 percent over the period 2014-2019.
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.
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.
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Other Prominent Vendors
Lighthouse IP group
Rapidly Increasing Volume of Content
Dominance of Human Translators
Integrating Translation Processes in Project Plans
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?
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