Chinese- REPORT SUMMARY
- TABLE OF CONTENTS
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Machine translation, also known as automatic translation, is the process of transforming one natural language (source language) into another (target language) by computer.
The Machine Translation Market was valued at USD 550 million in 2019, and it is expected to reach USD 1060 million by 2026, registering a CAGR of 12%, during the period of 2019-2026. North America is expected to receive the largest revenue over the forecast period. Machine translation is an effective way to eliminate language barriers in different regions. The main reason for the expansion of North American MT industry is the growing number of government initiatives and service providers in the region.
The increasing demand for content localization, as well as the increasing demand for cost-effective and high-speed translation, are some of the key factors driving the growth of the machine translation market. Globalization is also a factor driving the growth of the machine translation market. It helps tourists understand the local language, and also serves the business needs of multinational companies for communication and cooperation. As machine translation applications achieve a higher level of accuracy, they are increasingly used in different business areas, introducing new applications and enhanced machine learning models.
This report offers an overview of the market trends, drivers, and barriers with respect to the USA Machine Translation (MT) market. It also provides a detailed overview of the market of different regions across West USA, South USA, Middle West USA, Northeast USA. The report deeply analyzes type and application in the USA Machine Translation (MT) market. Detailed analysis of key players, along with key growth strategies adopted by Machine Translation (MT) industry, the PEST and SWOT analysis are also included. In short, the report will provide a comprehensive view of the industry's development and features.
By Player:
Pangeanic
Asia Online Pte Ltd
Lighthouse IP Group
Cloudwords Inc
Smart Communications
Welocalize Inc
Systran International
AppTek
IBM Corporation
Lingotek Inc
Lionbridge Technologies Inc
Raytheon BBN Technologies
Moravia IT
Lucy Software and Services GmbH
Lingo24 Ltd
SDL PLC
ProMT
By Type:
Rule-Based Machine Translation (RBMT)
Statistical Machine Translation (SMT)
Example-based Machine Translation (EBMT)
Hybrid Machine Translation (HMT)
Neural Machine Translation (NMT)
By End-User:
Healthcare
Automotive
Military & Defense
IT
Others
By Region:
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West USA
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South USA
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Middle West USA
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Northeast USA
TABLE OF CONTENT
1 Report Overview
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1.1 Product Definition and Scope
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1.2 PEST (Political, Economic, Social and Technological) Analysis of Machine Translation (MT) Market
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1.3 Market Segment by Type
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1.3.1 USA Machine Translation (MT) Market Size and Growth Rate of Rule-Based Machine Translation (RBMT) from 2016 to 2027
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1.3.2 USA Machine Translation (MT) Market Size and Growth Rate of Statistical Machine Translation (SMT) from 2016 to 2027
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1.3.3 USA Machine Translation (MT) Market Size and Growth Rate of Example-based Machine Translation (EBMT) from 2016 to 2027
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1.3.4 USA Machine Translation (MT) Market Size and Growth Rate of Hybrid Machine Translation (HMT) from 2016 to 2027
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1.3.5 USA Machine Translation (MT) Market Size and Growth Rate of Neural Machine Translation (NMT) from 2016 to 2027
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1.4 Market Segment by Application
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1.4.1 USA Machine Translation (MT) Market Size and Growth Rate of Healthcare from 2016 to 2027
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1.4.2 USA Machine Translation (MT) Market Size and Growth Rate of Automotive from 2016 to 2027
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1.4.3 USA Machine Translation (MT) Market Size and Growth Rate of Military & Defense from 2016 to 2027
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1.4.4 USA Machine Translation (MT) Market Size and Growth Rate of IT from 2016 to 2027
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1.4.5 USA Machine Translation (MT) Market Size and Growth Rate of Others from 2016 to 2027
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1.5 Market Segment by Regions
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1.5.1 West USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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1.5.2 South USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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1.5.3 Middle West USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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1.5.4 Northeast USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
2 Market Trends and Competitive Landscape
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2.1 Market Trends and Dynamics
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2.1.1 Market Challenges and Restraints
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2.1.2 Market Opportunities and Potentials
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2.1.3 Mergers and Acquisitions
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2.2 Competitive Landscape Analysis
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2.2.1 Industrial Concentration Analysis
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2.2.2 Porter's Five Forces Analysis of the Industry
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2.2.3 SWOT Analysis for New Entrants
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2.3 Coronavirus (COVID-19) Distribution and its Impact on the Industry
3 Segmentation of Machine Translation (MT) Market by Types
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3.1 Products Development Trends of Different Types
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3.2 Products Types of Major Vendors
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3.3 Competitive Landscape Analysis of Different Types
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3.4 Market Size of Machine Translation (MT) by Major Types
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3.4.1 Market Size and Growth Rate of Rule-Based Machine Translation (RBMT)
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3.4.2 Market Size and Growth Rate of Statistical Machine Translation (SMT)
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3.4.3 Market Size and Growth Rate of Example-based Machine Translation (EBMT)
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3.4.4 Market Size and Growth Rate of Hybrid Machine Translation (HMT)
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3.4.5 Market Size and Growth Rate of Neural Machine Translation (NMT)
4 Segmentation of Machine Translation (MT) Market by End-Users
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4.1 Downstream Client Analysis by End-Users
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4.2 Competitive Landscape Analysis of Different End-Users
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4.3 Market Potential Analysis of Different End-Users
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4.4 Market Size of Machine Translation (MT) by Major End-Users
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4.4.1 Market Size and Growth Rate of Machine Translation (MT) in Healthcare
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4.4.2 Market Size and Growth Rate of Machine Translation (MT) in Automotive
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4.4.3 Market Size and Growth Rate of Machine Translation (MT) in Military & Defense
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4.4.4 Market Size and Growth Rate of Machine Translation (MT) in IT
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4.4.5 Market Size and Growth Rate of Machine Translation (MT) in Others
5 Market Analysis by Regions
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5.1 USA Machine Translation (MT) Production Analysis by Regions
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5.2 USA Machine Translation (MT) Consumption Analysis by Regions
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5.3 Coronavirus (COVID-19) Impact on USA Economy
6 West USA Machine Translation (MT) Landscape Analysis
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6.1 West USA Machine Translation (MT) Landscape Analysis by Major Types
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6.2 West USA Machine Translation (MT) Landscape Analysis by Major End-Users
7 South USA Machine Translation (MT) Landscape Analysis
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7.1 South USA Machine Translation (MT) Landscape Analysis by Major Types
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7.2 South USA Machine Translation (MT) Landscape Analysis by Major End-Users
8 Middle West USA Machine Translation (MT) Landscape Analysis
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8.1 Middle West USA Machine Translation (MT) Landscape Analysis by Major Types
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8.2 Middle West USA Machine Translation (MT) Landscape Analysis by Major End-Users
9 Northeast USA Machine Translation (MT) Landscape Analysis
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9.1 Northeast USA Machine Translation (MT) Landscape Analysis by Major Types
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9.2 Northeast USA Machine Translation (MT) Landscape Analysis by Major End-Users
10 Major Players Profiles
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10.1 Pangeanic
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10.1.1 Pangeanic Company Profile and Recent Development
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10.1.2 Market Performance
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10.1.3 Product and Service Introduction
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10.2 Asia Online Pte Ltd
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10.2.1 Asia Online Pte Ltd Company Profile and Recent Development
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10.2.2 Market Performance
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10.2.3 Product and Service Introduction
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10.3 Lighthouse IP Group
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10.3.1 Lighthouse IP Group Company Profile and Recent Development
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10.3.2 Market Performance
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10.3.3 Product and Service Introduction
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10.4 Cloudwords Inc
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10.4.1 Cloudwords Inc Company Profile and Recent Development
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10.4.2 Market Performance
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10.4.3 Product and Service Introduction
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10.5 Smart Communications
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10.5.1 Smart Communications Company Profile and Recent Development
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10.5.2 Market Performance
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10.5.3 Product and Service Introduction
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10.6 Welocalize Inc
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10.6.1 Welocalize Inc Company Profile and Recent Development
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10.6.2 Market Performance
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10.6.3 Product and Service Introduction
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10.7 Systran International
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10.7.1 Systran International Company Profile and Recent Development
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10.7.2 Market Performance
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10.7.3 Product and Service Introduction
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10.8 AppTek
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10.8.1 AppTek Company Profile and Recent Development
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10.8.2 Market Performance
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10.8.3 Product and Service Introduction
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10.9 IBM Corporation
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10.9.1 IBM Corporation Company Profile and Recent Development
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10.9.2 Market Performance
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10.9.3 Product and Service Introduction
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10.10 Lingotek Inc
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10.10.1 Lingotek Inc Company Profile and Recent Development
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10.10.2 Market Performance
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10.10.3 Product and Service Introduction
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10.11 Lionbridge Technologies Inc
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10.11.1 Lionbridge Technologies Inc Company Profile and Recent Development
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10.11.2 Market Performance
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10.11.3 Product and Service Introduction
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10.12 Raytheon BBN Technologies
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10.12.1 Raytheon BBN Technologies Company Profile and Recent Development
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10.12.2 Market Performance
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10.12.3 Product and Service Introduction
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10.13 Moravia IT
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10.13.1 Moravia IT Company Profile and Recent Development
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10.13.2 Market Performance
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10.13.3 Product and Service Introduction
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10.14 Lucy Software and Services GmbH
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10.14.1 Lucy Software and Services GmbH Company Profile and Recent Development
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10.14.2 Market Performance
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10.14.3 Product and Service Introduction
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10.15 Lingo24 Ltd
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10.15.1 Lingo24 Ltd Company Profile and Recent Development
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10.15.2 Market Performance
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10.15.3 Product and Service Introduction
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10.16 SDL PLC
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10.16.1 SDL PLC Company Profile and Recent Development
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10.16.2 Market Performance
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10.16.3 Product and Service Introduction
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10.17 ProMT
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10.17.1 ProMT Company Profile and Recent Development
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10.17.2 Market Performance
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10.17.3 Product and Service Introduction
The List of Tables and Figures
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Figure Product Picture
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Rule-Based Machine Translation (RBMT) from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Statistical Machine Translation (SMT) from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Example-based Machine Translation (EBMT) from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Hybrid Machine Translation (HMT) from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Neural Machine Translation (NMT) from 2016 to 2027
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Figure Market Share by Type in 2016
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Figure Market Share by Type in 2020
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Figure Market Share by Type in 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Healthcare from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Automotive from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Military & Defense from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of IT from 2016 to 2027
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Figure USA Machine Translation (MT) Market Size and Growth Rate of Others from 2016 to 2027
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Figure Market Share by End-User in 2016
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Figure Market Share by End-User in 2020
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Figure Market Share by End-User in 2027
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Figure West USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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Figure South USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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Figure Middle West USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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Figure Northeast USA Machine Translation (MT) Consumption Market Size and Growth Rate from 2016 to 2027
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Figure Development Trends and Industry Dynamics of Machine Translation (MT) Industry
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Figure Market Challenges and Restraints
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Figure Market Opportunities and Potentials
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Table Mergers and Acquisition
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Figure Market Share of TOP 3 Players in 2019
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Figure Market Share of TOP 5 Players in 2019
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Figure Market Share of TOP 6 Players from 2016 to 2020
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Figure Porter's Five Forces Analysis
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Figure New Entrant SWOT Analysis
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Figure Coronavirus (COVID-19) Distribution Map of USA
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Table Coronavirus (COVID-19) Impact on the Industry
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Figure Specifications of Different Types of Machine Translation (MT)
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Figure Development Trends of Different Types
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Table Products Types of Major Vendors
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Figure Competitive Landscape Analysis of Different Types
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Table Consumption of Machine Translation (MT) by Different Types from 2016 to 2027
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Table Consumption Share of Machine Translation (MT) by Different Types from 2016 to 2027
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Figure Market Size and Growth Rate of Rule-Based Machine Translation (RBMT)
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Figure Market Size and Growth Rate of Statistical Machine Translation (SMT)
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Figure Market Size and Growth Rate of Example-based Machine Translation (EBMT)
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Figure Market Size and Growth Rate of Hybrid Machine Translation (HMT)
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Figure Market Size and Growth Rate of Neural Machine Translation (NMT)
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Table Downstream Client Analysis by End-Users
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Figure Competitive Landscape Analysis of Different End-Users
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Table Market Potential Analysis of Different End-Users
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Figure Consumption of Machine Translation (MT) by Different End-Users from 2016 to 2027
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Table Consumption Share of Machine Translation (MT) by Different End-Users from 2016 to 2027
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Figure Market Size and Growth Rate of Healthcare
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Figure Market Size and Growth Rate of Automotive
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Figure Market Size and Growth Rate of Military & Defense
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Figure Market Size and Growth Rate of IT
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Figure Market Size and Growth Rate of Others
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Table USA Machine Translation (MT) Production by Regions
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Table USA Machine Translation (MT) Production Share by Regions
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Figure USA Machine Translation (MT) Production Share by Regions in 2016
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Figure USA Machine Translation (MT) Production Share by Regions in 2021
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Figure USA Machine Translation (MT) Production Share by Regions in 2027
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Table USA Machine Translation (MT) Consumption by Regions
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Table USA Machine Translation (MT) Consumption Share by Regions
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Figure USA Machine Translation (MT) Consumption Share by Regions in 2016
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Figure USA Machine Translation (MT) Consumption Share by Regions in 2021
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Figure USA Machine Translation (MT) Consumption Share by Regions in 2027
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Table West USA Machine Translation (MT) Consumption by Types from 2016 to 2027
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Table West USA Machine Translation (MT) Consumption Share by Types from 2016 to 2027
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Figure West USA Machine Translation (MT) Consumption Share by Types in 2016
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Figure West USA Machine Translation (MT) Consumption Share by Types in 2021
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Figure West USA Machine Translation (MT) Consumption Share by Types in 2027
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Table West USA Machine Translation (MT) Consumption by End-Users from 2016 to 2027
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Table West USA Machine Translation (MT) Consumption Share by End-Users from 2016 to 2027
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Figure West USA Machine Translation (MT) Consumption Share by End-Users in 2016
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Figure West USA Machine Translation (MT) Consumption Share by End-Users in 2021
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Figure West USA Machine Translation (MT) Consumption Share by End-Users in 2027
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Table South USA Machine Translation (MT) Consumption by Types from 2016 to 2027
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Table South USA Machine Translation (MT) Consumption Share by Types from 2016 to 2027
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Figure South USA Machine Translation (MT) Consumption Share by Types in 2016
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Figure South USA Machine Translation (MT) Consumption Share by Types in 2021
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Figure South USA Machine Translation (MT) Consumption Share by Types in 2027
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Table South USA Machine Translation (MT) Consumption by End-Users from 2016 to 2027
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Table South USA Machine Translation (MT) Consumption Share by End-Users from 2016 to 2027
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Figure South USA Machine Translation (MT) Consumption Share by End-Users in 2016
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Figure South USA Machine Translation (MT) Consumption Share by End-Users in 2021
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Figure South USA Machine Translation (MT) Consumption Share by End-Users in 2027
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Table Middle West USA Machine Translation (MT) Consumption by Types from 2016 to 2027
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Table Middle West USA Machine Translation (MT) Consumption Share by Types from 2016 to 2027
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Figure Middle West USA Machine Translation (MT) Consumption Share by Types in 2016
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Figure Middle West USA Machine Translation (MT) Consumption Share by Types in 2021
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Figure Middle West USA Machine Translation (MT) Consumption Share by Types in 2027
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Table Middle West USA Machine Translation (MT) Consumption by End-Users from 2016 to 2027
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Table Middle West USA Machine Translation (MT) Consumption Share by End-Users from 2016 to 2027
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Figure Middle West USA Machine Translation (MT) Consumption Share by End-Users in 2016
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Figure Middle West USA Machine Translation (MT) Consumption Share by End-Users in 2021
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Figure Middle West USA Machine Translation (MT) Consumption Share by End-Users in 2027
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Table Northeast USA Machine Translation (MT) Consumption by Types from 2016 to 2027
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Table Northeast USA Machine Translation (MT) Consumption Share by Types from 2016 to 2027
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Figure Northeast USA Machine Translation (MT) Consumption Share by Types in 2016
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Figure Northeast USA Machine Translation (MT) Consumption Share by Types in 2021
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Figure Northeast USA Machine Translation (MT) Consumption Share by Types in 2027
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Table Northeast USA Machine Translation (MT) Consumption by End-Users from 2016 to 2027
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Table Northeast USA Machine Translation (MT) Consumption Share by End-Users from 2016 to 2027
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Figure Northeast USA Machine Translation (MT) Consumption Share by End-Users in 2016
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Figure Northeast USA Machine Translation (MT) Consumption Share by End-Users in 2021
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Figure Northeast USA Machine Translation (MT) Consumption Share by End-Users in 2027
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Table Company Profile and Development Status of Pangeanic
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Pangeanic
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Figure Sales and Growth Rate Analysis of Pangeanic
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Figure Revenue and Market Share Analysis of Pangeanic
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Table Product and Service Introduction of Pangeanic
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Table Company Profile and Development Status of Asia Online Pte Ltd
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Asia Online Pte Ltd
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Figure Sales and Growth Rate Analysis of Asia Online Pte Ltd
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Figure Revenue and Market Share Analysis of Asia Online Pte Ltd
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Table Product and Service Introduction of Asia Online Pte Ltd
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Table Company Profile and Development Status of Lighthouse IP Group
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Lighthouse IP Group
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Figure Sales and Growth Rate Analysis of Lighthouse IP Group
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Figure Revenue and Market Share Analysis of Lighthouse IP Group
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Table Product and Service Introduction of Lighthouse IP Group
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Table Company Profile and Development Status of Cloudwords Inc
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Cloudwords Inc
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Figure Sales and Growth Rate Analysis of Cloudwords Inc
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Figure Revenue and Market Share Analysis of Cloudwords Inc
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Table Product and Service Introduction of Cloudwords Inc
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Table Company Profile and Development Status of Smart Communications
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Smart Communications
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Figure Sales and Growth Rate Analysis of Smart Communications
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Figure Revenue and Market Share Analysis of Smart Communications
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Table Product and Service Introduction of Smart Communications
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Table Company Profile and Development Status of Welocalize Inc
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Welocalize Inc
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Figure Sales and Growth Rate Analysis of Welocalize Inc
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Figure Revenue and Market Share Analysis of Welocalize Inc
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Table Product and Service Introduction of Welocalize Inc
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Table Company Profile and Development Status of Systran International
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Systran International
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Figure Sales and Growth Rate Analysis of Systran International
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Figure Revenue and Market Share Analysis of Systran International
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Table Product and Service Introduction of Systran International
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Table Company Profile and Development Status of AppTek
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of AppTek
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Figure Sales and Growth Rate Analysis of AppTek
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Figure Revenue and Market Share Analysis of AppTek
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Table Product and Service Introduction of AppTek
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Table Company Profile and Development Status of IBM Corporation
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of IBM Corporation
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Figure Sales and Growth Rate Analysis of IBM Corporation
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Figure Revenue and Market Share Analysis of IBM Corporation
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Table Product and Service Introduction of IBM Corporation
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Table Company Profile and Development Status of Lingotek Inc
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Lingotek Inc
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Figure Sales and Growth Rate Analysis of Lingotek Inc
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Figure Revenue and Market Share Analysis of Lingotek Inc
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Table Product and Service Introduction of Lingotek Inc
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Table Company Profile and Development Status of Lionbridge Technologies Inc
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Lionbridge Technologies Inc
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Figure Sales and Growth Rate Analysis of Lionbridge Technologies Inc
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Figure Revenue and Market Share Analysis of Lionbridge Technologies Inc
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Table Product and Service Introduction of Lionbridge Technologies Inc
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Table Company Profile and Development Status of Raytheon BBN Technologies
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Raytheon BBN Technologies
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Figure Sales and Growth Rate Analysis of Raytheon BBN Technologies
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Figure Revenue and Market Share Analysis of Raytheon BBN Technologies
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Table Product and Service Introduction of Raytheon BBN Technologies
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Table Company Profile and Development Status of Moravia IT
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Moravia IT
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Figure Sales and Growth Rate Analysis of Moravia IT
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Figure Revenue and Market Share Analysis of Moravia IT
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Table Product and Service Introduction of Moravia IT
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Table Company Profile and Development Status of Lucy Software and Services GmbH
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Lucy Software and Services GmbH
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Figure Sales and Growth Rate Analysis of Lucy Software and Services GmbH
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Figure Revenue and Market Share Analysis of Lucy Software and Services GmbH
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Table Product and Service Introduction of Lucy Software and Services GmbH
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Table Company Profile and Development Status of Lingo24 Ltd
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of Lingo24 Ltd
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Figure Sales and Growth Rate Analysis of Lingo24 Ltd
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Figure Revenue and Market Share Analysis of Lingo24 Ltd
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Table Product and Service Introduction of Lingo24 Ltd
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Table Company Profile and Development Status of SDL PLC
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of SDL PLC
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Figure Sales and Growth Rate Analysis of SDL PLC
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Figure Revenue and Market Share Analysis of SDL PLC
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Table Product and Service Introduction of SDL PLC
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Table Company Profile and Development Status of ProMT
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Table Sales, Revenue, Sales Price and Gross Margin Analysis of ProMT
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Figure Sales and Growth Rate Analysis of ProMT
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Figure Revenue and Market Share Analysis of ProMT
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Table Product and Service Introduction of ProMT
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