Global Machine Translation Market Overview Report and Trends Analysis 2015-2019

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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Key Regions
• Americas

Key Vendors
• 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

Market Challenge
• Dominance of Human Translators

Market Trend
• 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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