Press release

AI Translation Market constantly growing to See Bigger Picture | DeepL, Systran, SDL

AI Translation Market constantly growing to See Bigger Picture | DeepL, Systran, SDL

 

 
HTF Market Intelligence published a new research publication on AI Translation Market Insights, to 2028" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the AI Translation market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are DeepL (Germany), Systran (France), SDL (United Kingdom), Prompsit (Spain), KantanMT (Ireland), Unbabel (Portugal), Lucy Software (Germany), Pangeanic (Spain), Yandex.Translate (Russia), Iconic Translation Machines (Ireland)

Get an Inside Scoop of Study, Request now for Sample Study @ https://www.htfmarketintelligence.com/sample-report/global-ai-translation-market

According to HTF Market Intelligence, the Global AI Translation market to witness a CAGR of 5.7% during forecast period of 2023-2028. The market is segmented by Global AI Translation Market Breakdown by Application (Travel, Online Education, Other) by Type (Translation App, Translation Machine, Other) by Deployment Mode (Cloud Based, On Premises) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The AI Translation market size is estimated to increase by USD 2870.09 Million at a CAGR of 5.7% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 650.7 Million.

Definition:
AI Translation, often known as machine translation, is a game-changing technology that is transforming digital language communication. AI translation, which is powered by powerful artificial intelligence algorithms, allows for the automatic conversion of text or speech from one language to another with exceptional accuracy and speed. AI translation systems learn patterns, grammatical rules, and contextual signals to create high-quality translations by analysing massive volumes of language data. These systems use neural networks and deep learning techniques to analyse the content and purpose of the original text, resulting in increasingly fluent and natural-sounding translations. AI translation has far-reaching ramifications for a wide range of sectors and worldwide communication. It allows for seamless multilingual communication, removing language barriers in fields such as commerce, education, tourism, and diplomacy. AI translation improves efficiency and productivity in content localization by processing massive amounts of content fast, allowing organisations to expand their reach and interact with worldwide audiences. While AI translation progresses, it is critical to recognise the necessity for human intervention to ensure accuracy and cultural sensitivity. The future of translation holds enormous promise for enhancing global understanding and collaboration by combining the strengths of AI and human knowledge.

The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of AI Translation Market: Translation App, Translation Machine, Other

Key Applications/end-users of AI Translation Market: Travel, Online Education, Other

Market Trends:
Cloud-based translation services
Integration with other technologies

Market Drivers:
Increasing demand for multilingual communication
Rapidly growing volumes of digital content

Market Opportunities:
Vertical-specific solutions
Customization and personalization

Market Restraints:
Vertical-specific solutions
Customization and personalization

Market Challenges:
Vertical-specific solutions
Customization and personalization

Book Latest Edition of Global AI Translation Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=3940

With this report you will learn:
• Who the leading players are in AI Translation Market?
• What you should look for in a AI Translation
• What trends are driving the Market
• About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 AI Translation vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.

Who should get most benefit of this report?
• Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for AI Translation
• Marketers and agencies doing their due diligence in selecting a AI Translation for large and enterprise level organizations
• Analysts and vendors looking for current intelligence about this dynamic marketplace.
• Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.

List of players profiled in this report: DeepL (Germany), Systran (France), SDL (United Kingdom), Prompsit (Spain), KantanMT (Ireland), Unbabel (Portugal), Lucy Software (Germany), Pangeanic (Spain), Yandex.Translate (Russia), Iconic Translation Machines (Ireland)

Make an enquiry to understand outline of study and further possible customization in offering https://www.htfmarketintelligence.com/enquiry-before-buy/global-ai-translation-market

Quick Snapshot and Extracts from TOC of Latest Edition
Overview of AI Translation Market
AI Translation Size (Sales Volume) Comparison by Type (Translation App, Translation Machine, Other)
AI Translation Size (Consumption) and Market Share Comparison by Application (Travel, Online Education, Other) (2022-2028)
AI Translation Size (Value) Comparison by Region (2023-2028)
AI Translation Sales, Revenue and Growth Rate (2023-2028)
AI Translation Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type (Translation App, Translation Machine, Other)
Analyse competitors, including all important parameters of AI Translation
AI Translation Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players

Get Detailed TOC and Overview of Report @
https://www.htfmarketintelligence.com/report/global-ai-translation-market

Actual Numbers & In-Depth Analysis of Global AI Translation Market Size Estimation and Trends Available in Full Version of the Report.

Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, resea rch, tools, events, and experience that assist in decision-making.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...