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Machine Translation Market

Machine Translation (MT) Market by Technology (SMT, RBMT, NMT), by Deployment Type (On-Premises, Cloud), by Application (Military & Defense, Healthcare & Life Sciences, Automotive, Travel & Hospitality, Legal & Law Firms, Banking & Finance, Electronics, IT & Telecom Services, Retail & Manufacturing, Media & Entertainment), by Geography (U.S., Canada, Spain, U.K., France, Germany, Italy, Netherlands, Czech Republic, Greece, Portugal, Japan, Indonesia, Singapore, China, India, South Korea, Mexico, Brazil, South Africa) – Global Size, Share, Development, Growth, and Demand Forecast, 2013–2023

Published: November 2017
Report Code: IM10554
Available Format:
Pages: 135

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Research Scope

1.3.2 Market Segmentation by Technology

1.3.3 Market Segmentation by Deployment Type

1.3.4 Market Segmentation by Application

1.3.5 Market Segmentation by Geography

1.3.6 Analysis Period

1.3.7 Market Data Reporting Unit

1.3.7.1 Value

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By region

2.2.1.2 By industry participant

2.2.1.3 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

3.1 Definition of Market Segment

3.1.1 By Technology

3.1.1.1 SMT

3.1.1.2 RBMT

3.1.1.3 NMT

3.1.1.4 Others

3.1.2 By Deployment Type

3.1.2.1 On-premise

3.1.2.2 Cloud

3.1.3 By Application

3.1.3.1 Military & defense

3.1.3.2 Healthcare and life sciences

3.1.3.3 Automotive

3.1.3.4 Travel and hospitality

3.1.3.5 Legal and law firms

3.1.3.6 Banking and finance

3.1.3.7 Electronics

3.1.3.8 IT and telecom services

3.1.3.9 Retail and manufacturing

3.1.3.10 Media and entertainment

3.1.3.11 Others

3.2 MT Process

3.3 Market Dynamics

3.3.1 Trends

3.3.1.1 Continuous technological advancements

3.3.1.2 Combination of TM and MT systems leading to fully integrated workflows

3.3.1.3 Migration of machine translation to cloud services

3.3.2 Drivers

3.3.2.1 Emerging demand for content localization

3.3.2.2 Growing volumes of big data across the internet

3.3.2.3 Impact analysis of drivers on market forecast

3.3.3 Restraints

3.3.3.1 Threat from free translation service providers

3.3.3.2 Lack of quality and accuracy

3.3.3.3 Impact analysis of restraints on market forecast

3.3.4 Opportunities

3.3.4.1 Soaring demand for post editing machine translation (PEMT) services

3.4 Porter’s Five Forces Analysis

3.4.1 Bargaining Power of Buyers

3.4.2 Bargaining Power of Suppliers

3.4.3 Threat of New Entrants

3.4.4 Intensity of Rivalry

3.4.5 Threat of Substitutes

Chapter 4. Global Market Size and Forecast

4.1 By Technology

4.2 By Deployment Type

4.3 By Application

4.4 By Region

Chapter 5. North America Market Size and Forecast

5.1 By Technology

5.2 By Deployment Type

5.3 By Application

5.4 By Country

Chapter 6. Europe Machine Translation Market

6.1 By Technology

6.2 By Deployment Type

6.3 By Application

6.4 By Country

Chapter 7. Asia-Pacific Machine Translation Market

7.1 By Technology

7.2 By Deployment Type

7.3 By Application

7.4 By Country

Chapter 8. RoW Machine Translation Market

8.1 By Technology

8.2 By Deployment Type

8.3 By Application

8.4 By Country

Chapter 9. Competitive Landscape

9.1 Recent Activities of Major Players

9.2 Global Strategic Developments of Key Players

9.2.1 Product Launch

9.2.2 Partnership

9.2.3 Merger & Acquisition

9.2.4 Other Developments

Chapter 10. Competitive Landscape

10.1 International Business Machines Corporation (IBM)

10.1.1 Business Overview

10.1.2 Product and Service Offerings

10.1.3 Key Financial Summary

10.1.4 Strategic Growth Plans

10.2 Lionbridge Technologies, Inc.

10.2.1 Business Overview

10.2.2 Product and Service Offerings

10.2.3 Strategic Growth Plans

10.3 SDL Plc.

10.3.1 Business Overview

10.3.2 Product and Service Offerings

10.3.3 Strategic Growth Plans

10.4 Google Inc.

10.4.1 Business Overview

10.4.2 Product and Service Offerings

10.4.3 Strategic Growth Plans

10.5 SYSTRAN

10.5.1 Business Overview

10.5.2 Product and Service Offerings

10.5.3 Strategic Growth Plans

10.6 TransPerfect Translations International Inc.

10.6.1 Business Overview

10.6.2 Product and Service Offerings

10.6.3 Strategic Growth Plans

10.7 PROMT Ltd.

10.7.1 Business Overview

10.7.2 Product and service offerings

10.7.3 Strategic Growth Plans

10.8 Microsoft Corporation

10.8.1 Business Overview

10.8.2 Product and Service Offerings

10.8.3 Key Financial Summary

10.8.4 Strategic Growth Plans

10.9 Honyaku Center Inc.

10.9.1 Business Overview

10.9.2 Product and Service Offerings

10.9.3 Key Financial Summary

10.9.4 Strategic Growth Plans

10.10 Venga Global

10.10.1 Business Overview

10.10.2 Product and Service Offerings

10.10.3 Strategic Growth Plans

 

LIST OF TABLES

TABLE 1 ANALYSIS PERIOD OF THE STUDY

TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4 ADVANTAGES AND DISADVANTAGES OF SMT AND RBMT TECHNOLOGY

TABLE 5 COMPARISON OF SMT AND RBMT TECHNOLOGY

TABLE 6 GLOBAL MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2016)

TABLE 7 GLOBAL MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2017 – 2023)

TABLE 8 GLOBAL MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2016)

TABLE 9 GLOBAL MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2017 – 2023)

TABLE 10 GLOBAL MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2016)

TABLE 11 GLOBAL MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2017 – 2023)

TABLE 12 GLOBAL MACHINE TRANSLATION MARKET, BY REGION, ‘000$ (2013 – 2016)

TABLE 13 GLOBAL MACHINE TRANSLATION MARKET, BY REGION, ‘000$ (2017 – 2023)

TABLE 14 NORTH AMERICA MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2016)

TABLE 15 NORTH AMERICA MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2017 – 2023)

TABLE 16 NORTH AMERICA MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 –   2016)

TABLE 17 NORTH AMERICA MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2017 –   2023)

TABLE 18 NORTH AMERICA MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2016)

TABLE 19 NORTH AMERICA MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2017 – 2023)

TABLE 20 NORTH AMERICA MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2016)

TABLE 21 NORTH AMERICA MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2017 – 2023)

TABLE 22 EUROPE MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2016)

TABLE 23 EUROPE MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2017 – 2023)

TABLE 24 EUROPE MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2016)

TABLE 25 EUROPE MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2017 – 2023)

TABLE 26 EUROPE MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2016)

TABLE 27 EUROPE MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2017 – 2023)

TABLE 28 EUROPE MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2016)

TABLE 29 EUROPE MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2017 – 2023)

TABLE 30 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2016)

TABLE 31 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2017 – 2023)

TABLE 32 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 –    2016)

TABLE 33 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2017 –    2023)

TABLE 34 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2016)

TABLE 35 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2017 – 2023)

TABLE 36 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2016)

TABLE 37 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2017 – 2023)

TABLE 38 ROW MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2016)

TABLE 39 ROW MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2017 – 2023)

TABLE 40 ROW MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2016)

TABLE 41 ROW MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2017 – 2023)

TABLE 42 ROW MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2016)

TABLE 43 ROW MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2017 – 2023)

TABLE 44 ROW MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2016)

TABLE 45 ROW MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2017 – 2023)

TABLE 46 IBM CORPORATION – AT A GLANCE

TABLE 47 IBM CORPORATION KEY FINANCIAL SUMMARY

TABLE 48 LIONBRIDGE TECHNOLOGIES, INC. – AT A GLANCE

TABLE 49 SDL PLC. – AT A GLANCE

TABLE 50 GOOGLE INC. – AT A GLANCE

TABLE 51 SYSTRAN – AT A GLANCE

TABLE 52 TRANSPERFECT TRANSLATION INTERNATIONAL INC. – AT A GLANCE

TABLE 53 PROMT LTD. – AT A GLANCE

TABLE 54 MICROSOFT CORPORATION – AT A GLANCE

TABLE 55 MICROSOFT CORPORATION KEY FINANCIAL SUMMARY

TABLE 56 HONYAKU CENTER INC. – AT A GLANCE

TABLE 57 HONYAKU CENTER INC. KEY FINANCIAL SUMMARY

TABLE 58 VENGA GLOBAL – AT A GLANCE

 

LIST OF FIGURES 

FIG 1 RESEARCH METHODOLOGY

FIG 2 REGIONAL SPLIT OF PRIMARY AND SECONDARY RESEARCH

FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION

FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT

FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE

FIG 6 DATA TRIANGULATION APPROACH

FIG 7 GLOBAL MACHINE TRANSLATION MARKET SUMMARY

FIG 8 MT PROCESS

FIG 9 PORTER’S FIVE FORCES ANALYSIS

FIG 10 BARGAINING POWER OF BUYERS

FIG 11 BARGAINING POWER OF SUPPLIERS

FIG 12 THREAT OF NEW ENTRANTS

FIG 13 THREAT OF SUBSTITUTES

FIG 14 GLOBAL MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2023)

FIG 15 GLOBAL MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2023)

FIG 16 GLOBAL MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2023)

FIG 17 WORLDWIDE MAJOR MACHINE TRANSLATION MARKETS

FIG 18 NORTH AMERICA MACHINE TRANSLATION MARKET SNAPSHOT

FIG 19 NORTH AMERICA MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$(2013 – 2023)

FIG 20 NORTH AMERICA MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2023)

FIG 21 NORTH AMERICA MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2023)

FIG 22 NORTH AMERICA MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2023)

FIG 23 EUROPE MACHINE TRANSLATION MARKET SNAPSHOT

FIG 24 EUROPE MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2023)

FIG 25 EUROPE MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2023)

FIG 26 EUROPE MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2023)

FIG 27 EUROPE MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2023)

FIG 28 ASIA-PACIFIC MACHINE TRANSALTION MARKET SNAPSHOT

FIG 29 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2023)

FIG 30 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2023)

FIG 31 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2023)

FIG 32 ASIA-PACIFIC MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2023)

FIG 33 ROW MACHINE TRANSALTION MARKET SNAPSHOT

FIG 34 ROW MACHINE TRANSLATION MARKET, BY TECHNOLOGY, ‘000$ (2013 – 2023)

FIG 35 ROW MACHINE TRANSLATION MARKET, BY DEPLOYMENT TYPE, ‘000$ (2013 – 2023)

FIG 36 ROW MACHINE TRANSLATION MARKET, BY APPLICATION, ‘000$ (2013 – 2023)

FIG 37 ROW MACHINE TRANSLATION MARKET, BY COUNTRY, ‘000$ (2013 – 2023)

FIG 38 RECENT ACTIVITIES OF MAJOR PLAYERS

FIG 39 IBM CORPORATION REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2016)

FIG 40 MICROSOFT CORPORATION REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2016)

FIG 41 HONYAKU CENTER INC. REVENUE SPLIT BY SEGMENT (2016)

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