The Market Opportunity

The global market for language services is large, at an estimated US$43bn in 2017. It is expected to grow at an estimated CAGR of over 9% up until 2022 to US$67 billion supported by factors such as increasing levels of globalization, the rapid increase in online and offline content being produced, the economic emergence of new markets with specific language requirements and European regulatory requirements. Typical content that is translated includes product brochures, operating manuals, legal documents and websites.

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