Global Machine Translation Market

Global Machine Translation (MT) Market Research Report 2021

Global Machine Translation Market

Global Machine Translation (MT) Market Research Report 2021


The Machine Translation (MT) study provides a comprehensive overview of safety standards, market penetration, and innovation pipelines across major economies.

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Research Predicts that Machine Translation (MT) Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Machine Translation (MT) Market Overview:

Global Machine Translation (MT) Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Machine Translation (MT) involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Machine Translation (MT) Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Machine Translation (MT) market in 2020.

Global Machine Translation (MT) Market Segmentation

By Type, Machine Translation (MT) market has been segmented into:

Rule-Based Machine Translation (RBMT)

Statistical Machine Translation (SMT)

Example-based machine translation (EBMT)

Hybrid machine translation (HMT)

Neural MT

By Application, Machine Translation (MT) market has been segmented into:

Healthcare

Automotive

Military & Defense

IT

Others

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Machine Translation (MT) market are:

AppTek

Asia Online

Cloudwords

IBM

Lighthouse IP Group

Lingo24

Lingotek

Lionbridge Technologies

Lucy Software and Services

Moravia IT

Pangeanic

ProMT

Raytheon BBN Technologies

SDL

Smart Communications

Systran International

Welocalize

1. Market Overview of Machine Translation (MT)

1.1 Machine Translation (MT) Market Overview

1.1.1 Machine Translation (MT) Product Scope

1.1.2 Market Status and Outlook

1.2 Machine Translation (MT) Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Machine Translation (MT) Historic Market Size by Regions (2015-2020)

1.4 Machine Translation (MT) Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Machine Translation (MT) Sales Market by Type (2015-2026)

2.1 Global Machine Translation (MT) Historic Market Size by Type (2015-2020)

2.2 Global Machine Translation (MT) Forecasted Market Size by Type (2021-2026)

2.3 Rule-Based Machine Translation (RBMT)

2.4 Statistical Machine Translation (SMT)

2.5 Example-based machine translation (EBMT)

2.6 Hybrid machine translation (HMT)

2.7 Neural MT

3. Covid-19 Impact Machine Translation (MT) Sales Market by Application (2015-2026)

3.1 Global Machine Translation (MT) Historic Market Size by Application (2015-2020)

3.2 Global Machine Translation (MT) Forecasted Market Size by Application (2021-2026)

3.3 Healthcare

3.4 Automotive

3.5 Military & Defense

3.6 IT

3.7 Others

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Machine Translation (MT) Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Machine Translation (MT) Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Machine Translation (MT) Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Machine Translation (MT) Business

5.1 AppTek

5.1.1 AppTek Company Profile

5.1.2 AppTek Machine Translation (MT) Product Specification

5.1.3 AppTek Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Asia Online

5.2.1 Asia Online Company Profile

5.2.2 Asia Online Machine Translation (MT) Product Specification

5.2.3 Asia Online Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 Cloudwords

5.3.1 Cloudwords Company Profile

5.3.2 Cloudwords Machine Translation (MT) Product Specification

5.3.3 Cloudwords Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 IBM

5.4.1 IBM Company Profile

5.4.2 IBM Machine Translation (MT) Product Specification

5.4.3 IBM Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Lighthouse IP Group

5.5.1 Lighthouse IP Group Company Profile

5.5.2 Lighthouse IP Group Machine Translation (MT) Product Specification

5.5.3 Lighthouse IP Group Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 Lingo24

5.6.1 Lingo24 Company Profile

5.6.2 Lingo24 Machine Translation (MT) Product Specification

5.6.3 Lingo24 Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Lingotek

5.7.1 Lingotek Company Profile

5.7.2 Lingotek Machine Translation (MT) Product Specification

5.7.3 Lingotek Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 Lionbridge Technologies

5.8.1 Lionbridge Technologies Company Profile

5.8.2 Lionbridge Technologies Machine Translation (MT) Product Specification

5.8.3 Lionbridge Technologies Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 Lucy Software and Services

5.9.1 Lucy Software and Services Company Profile

5.9.2 Lucy Software and Services Machine Translation (MT) Product Specification

5.9.3 Lucy Software and Services Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Moravia IT

5.10.1 Moravia IT Company Profile

5.10.2 Moravia IT Machine Translation (MT) Product Specification

5.10.3 Moravia IT Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Pangeanic

5.11.1 Pangeanic Company Profile

5.11.2 Pangeanic Machine Translation (MT) Product Specification

5.11.3 Pangeanic Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 ProMT

5.12.1 ProMT Company Profile

5.12.2 ProMT Machine Translation (MT) Product Specification

5.12.3 ProMT Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.13 Raytheon BBN Technologies

5.13.1 Raytheon BBN Technologies Company Profile

5.13.2 Raytheon BBN Technologies Machine Translation (MT) Product Specification

5.13.3 Raytheon BBN Technologies Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.14 SDL

5.14.1 SDL Company Profile

5.14.2 SDL Machine Translation (MT) Product Specification

5.14.3 SDL Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.15 Smart Communications

5.15.1 Smart Communications Company Profile

5.15.2 Smart Communications Machine Translation (MT) Product Specification

5.15.3 Smart Communications Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.16 Systran International

5.16.1 Systran International Company Profile

5.16.2 Systran International Machine Translation (MT) Product Specification

5.16.3 Systran International Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.17 Welocalize

5.17.1 Welocalize Company Profile

5.17.2 Welocalize Machine Translation (MT) Product Specification

5.17.3 Welocalize Machine Translation (MT) Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Machine Translation (MT) Market Size (2015-2026)

6.2 North America Machine Translation (MT) Key Players in North America (2015-2020)

6.3 North America Machine Translation (MT) Market Size by Type (2015-2020)

6.4 North America Machine Translation (MT) Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Machine Translation (MT) Market Size (2015-2026)

7.2 East Asia Machine Translation (MT) Key Players in North America (2015-2020)

7.3 East Asia Machine Translation (MT) Market Size by Type (2015-2020)

7.4 East Asia Machine Translation (MT) Market Size by Application (2015-2020)

8. Europe

8.1 Europe Machine Translation (MT) Market Size (2015-2026)

8.2 Europe Machine Translation (MT) Key Players in North America (2015-2020)

8.3 Europe Machine Translation (MT) Market Size by Type (2015-2020)

8.4 Europe Machine Translation (MT) Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Machine Translation (MT) Market Size (2015-2026)

9.2 South Asia Machine Translation (MT) Key Players in North America (2015-2020)

9.3 South Asia Machine Translation (MT) Market Size by Type (2015-2020)

9.4 South Asia Machine Translation (MT) Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Machine Translation (MT) Market Size (2015-2026)

10.2 Southeast Asia Machine Translation (MT) Key Players in North America (2015-2020)

10.3 Southeast Asia Machine Translation (MT) Market Size by Type (2015-2020)

10.4 Southeast Asia Machine Translation (MT) Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Machine Translation (MT) Market Size (2015-2026)

11.2 Middle East Machine Translation (MT) Key Players in North America (2015-2020)

11.3 Middle East Machine Translation (MT) Market Size by Type (2015-2020)

11.4 Middle East Machine Translation (MT) Market Size by Application (2015-2020)

12. Africa

12.1 Africa Machine Translation (MT) Market Size (2015-2026)

12.2 Africa Machine Translation (MT) Key Players in North America (2015-2020)

12.3 Africa Machine Translation (MT) Market Size by Type (2015-2020)

12.4 Africa Machine Translation (MT) Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Machine Translation (MT) Market Size (2015-2026)

13.2 Oceania Machine Translation (MT) Key Players in North America (2015-2020)

13.3 Oceania Machine Translation (MT) Market Size by Type (2015-2020)

13.4 Oceania Machine Translation (MT) Market Size by Application (2015-2020)

14. South America

14.1 South America Machine Translation (MT) Market Size (2015-2026)

14.2 South America Machine Translation (MT) Key Players in North America (2015-2020)

14.3 South America Machine Translation (MT) Market Size by Type (2015-2020)

14.4 South America Machine Translation (MT) Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Machine Translation (MT) Market Size (2015-2026)

15.2 Rest of the World Machine Translation (MT) Key Players in North America (2015-2020)

15.3 Rest of the World Machine Translation (MT) Market Size by Type (2015-2020)

15.4 Rest of the World Machine Translation (MT) Market Size by Application (2015-2020)

16 Machine Translation (MT) Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Machine Translation (MT) Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Machine Translation (MT) Market?
Some of the finest and top-notch companies pioneering the Machine Translation (MT) Market are AppTek, Asia Online, Cloudwords, IBM, Lighthouse IP Group, Lingo24, Lingotek, Lionbridge Technologies, Lucy Software and Services, Moravia IT, Pangeanic, ProMT, Raytheon BBN Technologies, SDL, Smart Communications, Systran International, Welocalize.
What is the major concern of the players in the Machine Translation (MT) Market?
As manufacturers prepare to scale up, Machine Translation (MT) companies must be clear and transparent about the impact of such volatility on the balance sheet.
Who are the significant end-users in the Machine Translation (MT) Market?
The key end-users in the Machine Translation (MT) Market are Healthcare, Automotive, Military & Defense, IT, Others
What is the forecasted growth rate of the Machine Translation (MT) Market?
The Machine Translation (MT) Market is expected to grow at a moderate CAGR during the forecast period of 2025 to 2030.
What challenges does the Machine Translation (MT) Market face in the future?
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the Machine Translation (MT) Market across the extensive corporate landscape.
What is the CAGR at which the Machine Translation (MT) Market can expand?
During the forecast years, the Machine Translation (MT) Market can thrive with a robust CAGR.