Industry Analysis & Industry Trends
Despite the turbulent economy, the Translation Services industry has performed well over the past five years. As nonnative English speakers came to the United States and companies took products overseas, demand for translation services was driven upward. Though industry clients will continue to be price-, service- and quality- conscious, globalization and an increase in immigration will boost demand for industry services over the five years to 2019... purchase to read more
Industry Report - Industry Analysis Chapter
The Translation Services industry provides translations of written material and interprets speech from one language to another, including sign language. Industry services are varied and include document translation and website localization, which is the translation of website information into languages for use in other countries, taking into account unique cultural and linguistic traits.
The industry's clients are many and varied. Government and legal clients, the industry's largest market segment, use industry services to communicate with non-English speakers, especially for negotiating with foreign countries, communicating at international conferences and for interpreting local regulations in legal proceedings... purchase to read more