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Interpreter Services Market Is Likely to Experience a Tremendous Growth by 2029

08-07-2023 04:07 PM CET | Media & Telecommunications

Press release from: Orion Market Research

Interpreter Services Market Is Likely to Experience

Interpreter services market is anticipated to grow at a CAGR of 5.1% during the forecast period. Interpreting services are the provision of spoken or signed language communication by a professional interpreter to convey a message from the language of the original speaker or writer, into the language of the listener. The growing demand for video translators is expected to accelerate the interpreter services market during the forecast period. For instance, according to the data stated by Cisco, in 2021, 80% of online traffic will be generated from visual content which will eventually increase the demand for translation, and 84% of video content on Facebook and other social media platforms is often played without sound. So, subtitles are becoming crucial.

The global interpreter services market is segmented based on the services and applications. Based on the services, the market is sub-segmented into language interpretation, language translation, language testing & training, localization, and others including dubbing and proofreading. Based on the application, the market is sub-segmented into the BFSI, healthcare, travel & tourism, legal, media & entertainment, and others. The above-mentioned segments can be customized as per the requirements. The growing demand for interpretation services in the legal industry is expected to drive the legal segment growth over the forecast period.

To Request a Sample of our Report on Interpreter Services Market: https://www.omrglobal.com/request-sample/interpreter-services-market

Market Coverage

· Market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

· Segment Covered- By Source, By Product Type, By Applications

· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

· , and others

Interpreter Services Market Segmentation

By Services

Language Interpretation
Language Translation
Language Testing & Training
Localization
Others (Dubbing, Proofreading)
By Application

BFSI
Healthcare
Travel & Tourism
Legal
Media & Entertainment
Others
A full report of Interpreter Services Market available @ https://www.omrglobal.com/industry-reports/interpreter-services-market

Interpreter Services Market by region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

Acolad Group
Atlas Language Services, Inc.
Day Translations, Inc.
Gengo, Inc.
Ingco International
Language Line Solutions
Lingotek Inc.
Lionbridge Technologies, Inc.
Mars Translation Services
One Hour Translation (Get Blend)
com
RWS Holdings Plc
Semantix AB
Stars Group, Inc.
Straker Translations
Text Master (Acolad Group)
The bigword Group Ltd.
Toppan Digital Language Ltd.
TransPerfect Global Inc.
Welocalize, Inc.
Yamagata Corp.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/interpreter-services-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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