TechNavio today launched its report, Global Machine Translation Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Several companies with a global presence do not have a dedicated multilingual website for every region in the globe. This might hinder their growth as several users across the globe might be proficient only in their native languages. The integration of the translation process in the project plan makes content translation for websites easier. Moreover, companies can develop multilingual glossaries, style guides, and document templates by integrating translation processes in the project plan. This will help them reduce the turnaround time of the translation process. The trend of integrating the translation process in the project plan is expected to have a steady impact on the growth of the Global Machine Translation market during the forecast period.”
According to the report, several companies across industries are in the process of creating multilingual web content in order to increase their regional user base. Multilingual web content will also enhance user satisfaction levels to a great extent. This is mainly because most users prefer to read the contents of websites in their regional language. Hence, several companies are relying on machine translation software to create multilingual web content and increase their online web traffic. The increasing need for multilingual web content is expected to drive the growth of the market during the forecast period.
Further, the report reveals that a major challenge in the market is the dominance of human translators.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-machine-translation-market-2012-…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Machine Translation Market 2012-2016
