According to the Regional Research Reports, the Global Computer-Assisted Translation Software Market size was estimated to grow from USD 1,288.4 million in 2021 and growing at a CAGR of 17.62% during the forecast period of 2022 to 2030. Whereas, the Global Translation Software Market was valued at USD 9.14 Billion in 2021 and is projected to reach USD 26.48 Billion by 2030, growing at a CAGR of 15.12% from 2022 to 2030.
Computer-assisted translation (CAT) software translates one language to another using translation memory—which stores previously translated texts—or crowd assistance to provide translations that are consistent with previously used language to ensure proper spelling, grammar, and phrasing. CAT software provides a more streamlined and interactive editing platform compared to simple word-for-word machine translation software. Computer-assisted translation software assists translators, helping them translate texts more efficiently and accurately with tools such as translation memory, phrase directories, and other terminology-related databases. Computer-assisted translation products often integrate with translation management software, allowing translation service providers to collaborate with translators and keep translation texts organized.
Global Computer-Assisted Translation Software Market Analysis
The report provides an analysis of the current trends and future estimations of the global Computer-Assisted Translation software market. The report also includes the drivers, restraints, opportunities, and challenges faced by the vendors operating in this market. In addition, the report analyzes the impact of these factors on the growth of the market over the forecast period. To evaluate the market size, the global market research report considers the revenue generated from the sales of Computer-Assisted Translation Software products. In addition, the market breakdown data for each component, deployment model, organization size, industry, and regional market is provided in the report.
The Computer-Assisted Translation software market report thoroughly analyzes detailed macro-micro economic factors as well as segmental and regional market attractiveness. The report will include an in-depth quantitative and qualitative assessment of the segmental/regional market outlook considering the market players' presence in the respective region/country and segment. The finalized version of the research report also includes the conclusion and recommendation section specific to the buyer of the report.
Computer-Assisted Translation Software Market Segmentation
Global Computer-Assisted Translation Software Market Segment Percentages, By Type, 2018-2021, 2022-2030 (US$ Million, Y-o-Y Growth Impact Anaysis)
- On-premise
- Cloud
Global Computer-Assisted Translation Software Market Segment Percentages, By Organization Size, 2018-2021, 2022-2030 (US$ Million, Y-o-Y Growth Impact Anaysis)
- Large Enterprises
- Small and Medium Enterprises
- Others
Global Computer-Assisted Translation Software Market, By Region and Country, 2018-2021, 2022-2030 (US$ Million, Y-o-Y Growth Impact Anaysis)
Global Computer-Assisted Translation Software Market Segment Percentages, By Region and Country, 2021 (%)
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- The Middle East & Africa (Saudi Arabia, UAE, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)
Competitor Analysis of the Global Computer-Assisted Translation Software Market
The report also provides an analysis of leading market participants, including:
- Key companies Computer-Assisted Translation Software revenues in global market, 2018-2021 (Estimated), (US$ Millions)
- Key companies Computer-Assisted Translation Software revenues market share in global market, 2021 (%)
- Key companies Computer-Assisted Translation Software sold in the global market, 2018-2021 (Estimated)
Leading Computer-Assisted Translation Software Market Players –
- Memsource
- MotionPoint Corporation.
- Pairaphrase LLC
- PoliLingua UK Ltd
- SDL Limited
- Smartcat Platform Inc.
- TOMEDES.
- Transifex
- ZELENKA Czech Republic s.r.o
- Andovar Pte Ltd.
- Crowdin
- Lessify.io
- lingohub GmbH
- Lokalise, Inc.
- MateCat
- memoQ
Computer-Assisted Translation Software Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter's Five Forces & Value/Supply Chain Analysis
- Developed & Emerging Economies Analysis
- PESTEL Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
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