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Machine Translation Market Size, Growth, Opportunity and Forecast 2021-2026 – KSU

26 The latest report by IMARC Group, titled “Machine Translation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” The global machine translation market grew at a CAGR of around 14% during 2015-2020. Machine translation (MT) is an automated software used to translate source content into target languages. It can work without human intervention to translate considerable amounts of information. It limits the scope of permissible substitutions to allow customization and enhance the overall output. At present, the increasing utilization of adaptive machine translation is offering lucrative opportunities to key players in the industry. Looking forward, IMARC Group expects the global machine translation market to exhibit strong growth during the next five years.

Technavio Research: $9 72 Billion Growth in Global Language Services Market 2020-2024 | Key Segment Insights and Forecast for New Normal

Technavio Research: $9.72 Billion Growth in Global Language Services Market 2020-2024 | Key Segment Insights and Forecast for New Normal | Technavio This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210202005992/en/ Technavio has announced its latest market research report titled Global Language Services Market 2020-2024 (Graphic: Business Wire) Get Free Sample Report in MINUTES Globalization of businesses is one of the major factors propelling the market growth. In addition, the increased localization of video content will boost the growth of the market during the forecast period. More details: https://www.technavio.com/report/language-services-market-industry-analysis Language Services Market: End-user Landscape

$9 72 Billion Growth in Global Language Services Market 2020-2024 | Key Segment Insights and Forecast for New Normal

$9.72 Billion Growth in Global Language Services Market 2020-2024 | Key Segment Insights and Forecast for New Normal | Technavio 02/02/2021 | 02:25pm EDT Send by mail : Message : Required fields The language services market is expected to grow by USD 9.72 billion, progressing at a CAGR of over 4% during the forecast period. Technavio has announced its latest market research report titled Global Language Services Market 2020-2024 (Graphic: Business Wire) Language Services Market: End-user Landscape Based on the end-user, the market witnessed maximum growth in the healthcare segment in 2019. Factors such as the surge in patent filings by existing and new organizations, regional expansion of businesses, increased outsourcing by drug manufacturers and clinical research companies, and the rising demand for localization services are fueling the growth of the segment. The market growth in this segment will be significant over the forecast period.

Machine Translation Market 2020 Share, Trends, Size, Top Manufacturers, Growth opportunities and Forecast to 2025

Machine Translation Market 2020 Share, Trends, Size, Top Manufacturers, Growth opportunities and Forecast to 2025
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