Market Overview:
The global localization services provider services market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for globalization and localization of content by businesses across different regions. Additionally, the growing trend of cloud-based deployment is also contributing to the growth of this market. On-premise deployment accounted for a major share of the global localization services provider services market in 2017 and is expected to maintain its dominance during the forecast period as well.
Product Definition:
A localization services provider is a company that provides translation and cultural adaptation services for software, websites, and other digital content. Localization services providers can help companies to reach new markets by adapting their content to local cultures. They can also help to ensure that translations are accurate and culturally appropriate.
On-premise:
On-premise solutions are software and applications installed at the customer's site. The solution can be customized as per the client’s requirement. On-premise solutions offer advantages such as easy integration with other business systems, cost effective, and high security due to less or no dependence on cloud services.
Cloud-based:
Cloud-based solutions are used by localization service providers to provide services such as text and voice translation. These solutions are hosted on the vendor’s server and can be accessed by multiple departments within an organization. Cloud-based software is a type of Software as a Service (SaaS) that allows users to access data through the internet using web browsers. The applications run in the background allowing users to perform regular tasks while language translation takes place in the background.
Application Insights:
The enterprise application segment accounted for the largest revenue share in 2017. The key factors driving the segment include a large number of users, high volume of data transactions and an increasing need for managing complex IT infrastructure globally. An increasing number of multinational companies are focusing on reducing costs associated with global IT infrastructure while still maintaining high levels of service quality. As a result, they are opting for GLSSP providers to reduce operational costs and increase productivity by minimizing human efforts involved in localization management tasks.
The individual application segment is expected to witness significant growth over the forecast period owing to rising demand from individuals across the globe who seek assistance in speaking different languages or learning new tongues as well as those seeking help with pronouncing geographical names correctly or familiarizing themselves with local culture and traditions through language translation applications supported by GLSSPs providers worldwide.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing number of smartphone users in countries such as China and India. The growing adoption of smartphones, coupled with a rising preference for mobile-based applications, has led to an increase in the demand for localization services providers. Moreover, factors such as economic development and industrial automation are expected to drive regional market growth during the forecast period.
The North American regional market accounted for more than 25% revenue share in 2017 on account of high awareness levels regarding globalization among enterprises operating across various industries. Furthermore, factors including technological advancements and increased penetration of cloud-based solutions are expected to drive industry growth over the next eight years. The U.S.
Growth Factors:
- Increasing demand for globalization and localization services from small and medium-sized businesses (SMBs)
- Rapid growth in the number of global consumers, especially in BRIC countries
- Proliferation of mobile devices and apps that need to be localized
- The increasing use of cloud-based technologies, which makes it easier to provide localization services remotely
- The growing importance of multilingual content in a globalized economy
Scope Of The Report
Report Attributes
Report Details
Report Title
Localization Services Provider Services Market Research Report
By Type
On-premise, Cloud-based
By Application
Individual, Enterprise, Others
By Companies
OneHourTranslation, Rev, 3Play Media, Localize Direct, ABBYY, Net-Translators, FetchRev, RWS, Amplexor, Smartling, Translated, Aberdeen Broadcast Services, Acclaro, Ad Verbum, Alconost
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Localization Services Provider Services Market Report Segments:
The global Localization Services Provider Services market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OneHourTranslation
- Rev
- 3Play Media
- Localize Direct
- ABBYY
- Net-Translators
- FetchRev
- RWS
- Amplexor
- Smartling
- Translated
- Aberdeen Broadcast Services
- Acclaro
- Ad Verbum
- Alconost
Highlights of The Localization Services Provider Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Individual
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Localization Services Provider Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Localization Services Provider Services is a term used to describe the services that localization providers offer their clients. These services can include localization of websites, software applications, and other digital content; translation of text into different languages; and support for internationalized user interfaces.
Some of the major players in the localization services provider services market are OneHourTranslation, Rev, 3Play Media, Localize Direct, ABBYY, Net-Translators, FetchRev, RWS, Amplexor, Smartling, Translated, Aberdeen Broadcast Services, Acclaro, Ad Verbum, Alconost.
The localization services provider services market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Localization Services Provider Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Localization Services Provider Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Localization Services Provider Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Localization Services Provider Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Localization Services Provider Services Market Size & Forecast, 2018-2028
4.5.1 Localization Services Provider Services Market Size and Y-o-Y Growth
4.5.2 Localization Services Provider Services Market Absolute $ Opportunity
Chapter 5 Global Localization Services Provider Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Localization Services Provider Services Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Localization Services Provider Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Localization Services Provider Services Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Localization Services Provider Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Localization Services Provider Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Localization Services Provider Services Analysis and Forecast
9.1 Introduction
9.2 North America Localization Services Provider Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Localization Services Provider Services Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Localization Services Provider Services Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Localization Services Provider Services Analysis and Forecast
10.1 Introduction
10.2 Europe Localization Services Provider Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Localization Services Provider Services Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Localization Services Provider Services Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Localization Services Provider Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Localization Services Provider Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Localization Services Provider Services Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Localization Services Provider Services Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Localization Services Provider Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Localization Services Provider Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Localization Services Provider Services Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Localization Services Provider Services Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Localization Services Provider Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Localization Services Provider Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Localization Services Provider Services Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Localization Services Provider Services Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Localization Services Provider Services Market: Competitive Dashboard
14.2 Global Localization Services Provider Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OneHourTranslation
14.3.2 Rev
14.3.3 3Play Media
14.3.4 Localize Direct
14.3.5 ABBYY
14.3.6 Net-Translators
14.3.7 FetchRev
14.3.8 RWS
14.3.9 Amplexor
14.3.10 Smartling
14.3.11 Translated
14.3.12 Aberdeen Broadcast Services
14.3.13 Acclaro
14.3.14 Ad Verbum
14.3.15 Alconost
