Machine Translation Market
Global Machine Translation market is projected to reach US$ 1098.8 million in 2029, increasing from US$ 487.1 million in 2022, with the CAGR of 12.5% during the period of 2023 to 2029.
Computational linguistics includes the topic of machine translation (MT). Machine translation systems are software programs or internet services that can translate text from one language into another by utilizing machine learning to translate enormous quantities of information between the languages they support.
Machine Translation Market Trends
The growing need for multilingual communication and information sharing among individuals, businesses, and organizations on a worldwide scale is one of the key factors driving the machine translation market's expansion. The expansion of global trade, collaboration, and cultural interchange has increased the need for competent and affordable language translation services. Machine translation techniques are becoming important for bridging linguistic divides and facilitating international communication. The machine translation industry has undergone a revolution thanks to the introduction of neural machine translation (NMT) technology. Artificial neural networks are used by NMT systems to increase translation accuracy and fluency. As a result of these systems, the quality of machine-generated translations has substantially improved, making them more helpful in a variety of professional settings, such as e-commerce, healthcare, and business.
The expansion of e-commerce, travel, and international trade has increased the need for real-time translation services. Instantaneous language translation machine translation systems, such as those built into chat programs, navigational aids, and video conferencing platforms, have become quite popular. As technology advances and consumer expectations for real-time translation rise, this tendency is likely to persist. Large-scale content translation is now possible for a fraction of the price of traditional human translation services because of machine translation. Processes for translation can be automated by businesses, saving time and money. Machine translation is a desirable alternative for companies of all sizes since it can be quickly expanded to fulfill growing translation demands without dramatically raising costs.
It is becoming simpler for businesses to translate and localize their content because of the increased integration of machine translation technologies with content management systems and e-commerce platforms. By streamlining the translation process, this connectivity enables businesses to effectively reach a worldwide audience and enhance user experience by offering information in many languages. Large datasets are used by machine translation systems to enhance translation quality. Machine translation algorithms now have access to a multitude of data to improve language models and translation quality because of the exponential rise of digital material and user-generated data. One of the factors influencing the development of machine translation technology is the availability of large amounts of multilingual data.
Machine Translation Market Share
Google, RWS, Microsoft, and Lionbridge are some of the leading machine translation companies on the planet. A share of around 65% is held by the top four producers globally. With a market share of almost 93%, the cloud is the most significant product category. The largest application in terms of use is B-end customers, which has a market share of roughly 71%.
Report Metric |
Details |
Report Name |
Machine Translation Market |
The market size in 2022 |
USD 487.1 Million |
The revenue forecast in 2029 |
USD 1098.8 Million |
Growth Rate |
Compound Annual Growth Rate (CAGR) of 12.5% from 2023 to 2029 |
Market size available for years |
2022-2029 |
Forecast units |
Value (USD) |
Segments covered |
By Type, Application, and Region |
Report coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
Geographic regions covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
1 Market Overview of Machine Translation
1.1 Machine Translation Market Overview
1.1.1 Machine Translation Product Scope
1.1.2 Machine Translation Market Status and Outlook
1.2 Global Machine Translation Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Machine Translation Market Size by Region (2018-2029)
1.4 Global Machine Translation Historic Market Size by Region (2018-2023)
1.5 Global Machine Translation Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Machine Translation Market Size (2018-2029)
1.6.1 North America Machine Translation Market Size (2018-2029)
1.6.2 Europe Machine Translation Market Size (2018-2029)
1.6.3 Asia-Pacific Machine Translation Market Size (2018-2029)
1.6.4 Latin America Machine Translation Market Size (2018-2029)
1.6.5 Middle East & Africa Machine Translation Market Size (2018-2029)
2 Machine Translation Market by Type
2.1 Introduction
2.1.1 Cloud
2.1.2 On Premise
2.2 Global Machine Translation Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Machine Translation Historic Market Size by Type (2018-2023)
2.2.2 Global Machine Translation Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Machine Translation Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Machine Translation Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Machine Translation Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Machine Translation Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Machine Translation Revenue Breakdown by Type (2018-2029)
3 Machine Translation Market Overview by Application
3.1 Introduction
3.1.1 B-end Customer
3.1.2 C-end Customer
3.1.3 Government and Defense
3.2 Global Machine Translation Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Machine Translation Historic Market Size by Application (2018-2023)
3.2.2 Global Machine Translation Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Machine Translation Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Machine Translation Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Machine Translation Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Machine Translation Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Machine Translation Revenue Breakdown by Application (2018-2029)
4 Machine Translation Competition Analysis by Players
4.1 Global Machine Translation Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Machine Translation as of 2022)
4.3 Date of Key Players Enter into Machine Translation Market
4.4 Global Top Players Machine Translation Headquarters and Area Served
4.5 Key Players Machine Translation Product Solution and Service
4.6 Competitive Status
4.6.1 Machine Translation Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Google
5.1.1 Google Profile
5.1.2 Google Main Business
5.1.3 Google Machine Translation Products, Services and Solutions
5.1.4 Google Machine Translation Revenue (US$ Million) & (2018-2023)
5.1.5 Google Recent Developments
5.2 RWS
5.2.1 RWS Profile
5.2.2 RWS Main Business
5.2.3 RWS Machine Translation Products, Services and Solutions
5.2.4 RWS Machine Translation Revenue (US$ Million) & (2018-2023)
5.2.5 RWS Recent Developments
5.3 Microsoft
5.3.1 Microsoft Profile
5.3.2 Microsoft Main Business
5.3.3 Microsoft Machine Translation Products, Services and Solutions
5.3.4 Microsoft Machine Translation Revenue (US$ Million) & (2018-2023)
5.3.5 Lionbridge Recent Developments
5.4 Lionbridge
5.4.1 Lionbridge Profile
5.4.2 Lionbridge Main Business
5.4.3 Lionbridge Machine Translation Products, Services and Solutions
5.4.4 Lionbridge Machine Translation Revenue (US$ Million) & (2018-2023)
5.4.5 Lionbridge Recent Developments
5.5 AWS
5.5.1 AWS Profile
5.5.2 AWS Main Business
5.5.3 AWS Machine Translation Products, Services and Solutions
5.5.4 AWS Machine Translation Revenue (US$ Million) & (2018-2023)
5.5.5 AWS Recent Developments
5.6 IBM
5.6.1 IBM Profile
5.6.2 IBM Main Business
5.6.3 IBM Machine Translation Products, Services and Solutions
5.6.4 IBM Machine Translation Revenue (US$ Million) & (2018-2023)
5.6.5 IBM Recent Developments
5.7 Omniscien Technologies
5.7.1 Omniscien Technologies Profile
5.7.2 Omniscien Technologies Main Business
5.7.3 Omniscien Technologies Machine Translation Products, Services and Solutions
5.7.4 Omniscien Technologies Machine Translation Revenue (US$ Million) & (2018-2023)
5.7.5 Omniscien Technologies Recent Developments
5.8 Baidu
5.8.1 Baidu Profile
5.8.2 Baidu Main Business
5.8.3 Baidu Machine Translation Products, Services and Solutions
5.8.4 Baidu Machine Translation Revenue (US$ Million) & (2018-2023)
5.8.5 Baidu Recent Developments
5.9 Tencent Cloud TMT
5.9.1 Tencent Cloud TMT Profile
5.9.2 Tencent Cloud TMT Main Business
5.9.3 Tencent Cloud TMT Machine Translation Products, Services and Solutions
5.9.4 Tencent Cloud TMT Machine Translation Revenue (US$ Million) & (2018-2023)
5.9.5 Tencent Cloud TMT Recent Developments
5.10 Alibaba Cloud
5.10.1 Alibaba Cloud Profile
5.10.2 Alibaba Cloud Main Business
5.10.3 Alibaba Cloud Machine Translation Products, Services and Solutions
5.10.4 Alibaba Cloud Machine Translation Revenue (US$ Million) & (2018-2023)
5.10.5 Alibaba Cloud Recent Developments
5.11 KantanAI
5.11.1 KantanAI Profile
5.11.2 KantanAI Main Business
5.11.3 KantanAI Machine Translation Products, Services and Solutions
5.11.4 KantanAI Machine Translation Revenue (US$ Million) & (2018-2023)
5.11.5 KantanAI Recent Developments
5.12 Smart Communications, Inc.
5.12.1 Smart Communications, Inc. Profile
5.12.2 Smart Communications, Inc. Main Business
5.12.3 Smart Communications, Inc. Machine Translation Products, Services and Solutions
5.12.4 Smart Communications, Inc. Machine Translation Revenue (US$ Million) & (2018-2023)
5.12.5 Smart Communications, Inc. Recent Developments
5.13 LLSOLLU
5.13.1 LLSOLLU Profile
5.13.2 LLSOLLU Main Business
5.13.3 LLSOLLU Machine Translation Products, Services and Solutions
5.13.4 LLSOLLU Machine Translation Revenue (US$ Million) & (2018-2023)
5.13.5 LLSOLLU Recent Developments
6 North America
6.1 North America Machine Translation Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Machine Translation Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Machine Translation Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Machine Translation Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Machine Translation Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Machine Translation Market Dynamics
11.1 Machine Translation Industry Trends
11.2 Machine Translation Market Drivers
11.3 Machine Translation Market Challenges
11.4 Machine Translation Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
List of Tables Table 1. Global Market Machine Translation Market Size (US$ Million) Comparison by Region 2018 VS 2022 VS 2029 Table 2. Global Machine Translation Market Size by Region (2018-2023) & (US$ Million) Table 3. Global Machine Translation Market Size Share by Region (2018-2023) Table 4. Global Machine Translation Forecasted Market Size by Region (2024-2029) & (US$ Million) Table 5. Global Machine Translation Forecasted Market Size Share by Region (2024-2029) Table 6. Global Machine Translation Market Size (US$ Million) by Type: 2018 VS 2022 VS 2029 Table 7. Global Machine Translation Market Size by Type (2018-2023) & (US$ Million) Table 8. Global Machine Translation Revenue Market Share by Type (2018-2023) Table 9. Global Machine Translation Forecasted Market Size by Type (2024-2029) & (US$ Million) Table 10. Global Machine Translation Revenue Market Share by Type (2024-2029) Table 11. North America Machine Translation Revenue by Type (2018-2023) & (US$ Million) Table 12. North America Machine Translation Revenue by Type (2024-2029) & (US$ Million) Table 13. Europe Machine Translation Revenue by Type (2018-2023) & (US$ Million) Table 14. Europe Machine Translation Revenue by Type (2024-2029) & (US$ Million) Table 15. Asia-Pacific Machine Translation Revenue by Type (2018-2023) & (US$ Million) Table 16. Asia-Pacific Machine Translation Revenue by Type (2024-2029) & (US$ Million) Table 17. Latin America Machine Translation Revenue by Type (2018-2023) & (US$ Million) Table 18. Latin America Machine Translation Revenue by Type (2024-2029) & (US$ Million) Table 19. Middle East and Africa Machine Translation Revenue by Type (2018-2023) & (US$ Million) Table 20. Middle East and Africa Machine Translation Revenue by Type (2024-2029) & (US$ Million) Table 21. Global Machine Translation Market Size (US$ Million) by Application: 2018 VS 2022 VS 2029 Table 22. Global Machine Translation Market Size by Application (2018-2023) & (US$ Million) Table 23. Global Machine Translation Revenue Market Share by Application (2018-2023) Table 24. Global Machine Translation Forecasted Market Size by Application (2024-2029) & (US$ Million) Table 25. Global Machine Translation Revenue Market Share by Application (2024-2029) Table 26. North America Machine Translation Revenue by Application (2018-2023) & (US$ Million) Table 27. North America Machine Translation Revenue by Application (2024-2029) & (US$ Million) Table 28. Europe Machine Translation Revenue by Application (2018-2023) & (US$ Million) Table 29. Europe Machine Translation Revenue by Application (2024-2029) & (US$ Million) Table 30. Asia-Pacific Machine Translation Revenue by Application (2018-2023) & (US$ Million) Table 31. Asia-Pacific Machine Translation Revenue by Application (2024-2029) & (US$ Million) Table 32. Latin America Machine Translation Revenue by Application (2018-2023) & (US$ Million) Table 33. Latin America Machine Translation Revenue by Application (2024-2029) & (US$ Million) Table 34. Middle East and Africa Machine Translation Revenue by Application (2018-2023) & (US$ Million) Table 35. Middle East and Africa Machine Translation Revenue by Application (2024-2029) & (US$ Million) Table 36. Global Machine Translation Revenue (US$ Million) by Players (2018-2023) Table 37. Global Machine Translation Revenue Market Share by Players (2018-2023) Table 38. Global Top Players Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Machine Translation as of 2022) Table 39. Date of Key Players Enter into Machine Translation Market Table 40. Global Machine Translation Key Players Headquarters and Area Served Table 41. Machine Translation Product Solution and Service Table 42. Global Machine Translation Players Market Concentration Ratio (CR5 and HHI) Table 43. Mergers & Acquisitions, Expansion Plans Table 44. Google Basic Information List Table 45. Google Description and Business Overview Table 46. Google Machine Translation Products, Services and Solutions Table 47. Revenue (US$ Million) in Machine Translation Business of Google (2018-2023) Table 48. Google Recent Developments Table 49. RWS Basic Information List Table 50. RWS Description and Business Overview Table 51. RWS Machine Translation Products, Services and Solutions Table 52. Revenue (US$ Million) in Machine Translation Business of RWS (2018-2023) Table 53. RWS Recent Developments Table 54. Microsoft Basic Information List Table 55. Microsoft Description and Business Overview Table 56. Microsoft Machine Translation Products, Services and Solutions Table 57. Revenue (US$ Million) in Machine Translation Business of Microsoft (2018-2023) Table 58. Microsoft Recent Developments Table 59. Lionbridge Basic Information List Table 60. Lionbridge Description and Business Overview Table 61. Lionbridge Machine Translation Products, Services and Solutions Table 62. Revenue (US$ Million) in Machine Translation Business of Lionbridge (2018-2023) Table 63. Lionbridge Recent Developments Table 64. AWS Basic Information List Table 65. AWS Description and Business Overview Table 66. AWS Machine Translation Products, Services and Solutions Table 67. Revenue (US$ Million) in Machine Translation Business of AWS (2018-2023) Table 68. AWS Recent Developments Table 69. IBM Basic Information List Table 70. IBM Description and Business Overview Table 71. IBM Machine Translation Products, Services and Solutions Table 72. Revenue (US$ Million) in Machine Translation Business of IBM (2018-2023) Table 73. IBM Recent Developments Table 74. Omniscien Technologies Basic Information List Table 75. Omniscien Technologies Description and Business Overview Table 76. Omniscien Technologies Machine Translation Products, Services and Solutions Table 77. Revenue (US$ Million) in Machine Translation Business of Omniscien Technologies (2018-2023) Table 78. Omniscien Technologies Recent Developments Table 79. Baidu Basic Information List Table 80. Baidu Description and Business Overview Table 81. Baidu Machine Translation Products, Services and Solutions Table 82. Revenue (US$ Million) in Machine Translation Business of Baidu (2018-2023) Table 83. Baidu Recent Developments Table 84. Tencent Cloud TMT Basic Information List Table 85. Tencent Cloud TMT Description and Business Overview Table 86. Tencent Cloud TMT Machine Translation Products, Services and Solutions Table 87. Revenue (US$ Million) in Machine Translation Business of Tencent Cloud TMT (2018-2023) Table 88. Tencent Cloud TMT Recent Developments Table 89. Alibaba Cloud Basic Information List Table 90. Alibaba Cloud Description and Business Overview Table 91. Alibaba Cloud Machine Translation Products, Services and Solutions Table 92. Revenue (US$ Million) in Machine Translation Business of Alibaba Cloud (2018-2023) Table 93. Alibaba Cloud Recent Developments Table 94. KantanAI Basic Information List Table 95. KantanAI Description and Business Overview Table 96. KantanAI Machine Translation Products, Services and Solutions Table 97. Revenue (US$ Million) in Machine Translation Business of KantanAI (2018-2023) Table 98. KantanAI Recent Developments Table 99. Smart Communications, Inc. Basic Information List Table 100. Smart Communications, Inc. Description and Business Overview Table 101. Smart Communications, Inc. Machine Translation Products, Services and Solutions Table 102. Revenue (US$ Million) in Machine Translation Business of Smart Communications, Inc. (2018-2023) Table 103. Smart Communications, Inc. Recent Developments Table 104. LLSOLLU Basic Information List Table 105. LLSOLLU Description and Business Overview Table 106. LLSOLLU Machine Translation Products, Services and Solutions Table 107. Revenue (US$ Million) in Machine Translation Business of LLSOLLU (2018-2023) Table 108. LLSOLLU Recent Developments Table 109. North America Machine Translation Market Size by Country (2018-2023) & (US$ Million) Table 110. North America Machine Translation Market Size by Country (2024-2029) & (US$ Million) Table 111. Europe Machine Translation Market Size by Country (2018-2023) & (US$ Million) Table 112. Europe Machine Translation Market Size by Country (2024-2029) & (US$ Million) Table 113. Asia-Pacific Machine Translation Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029 Table 114. Asia-Pacific Machine Translation Market Size by Region (2018-2023) & (US$ Million) Table 115. Asia-Pacific Machine Translation Market Size by Region (2024-2029) & (US$ Million) Table 116. Asia-Pacific Machine Translation Market Share by Region (2018-2023) Table 117. Asia-Pacific Machine Translation Market Share by Region (2024-2029) Table 118. Latin America Machine Translation Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029 Table 119. Latin America Machine Translation Market Size by Country (2018-2023) & (US$ Million) Table 120. Latin America Machine Translation Market Size by Country (2024-2029) & (US$ Million) Table 121. Middle East & Africa Machine Translation Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029 Table 122. Middle East & Africa Machine Translation Market Size by Country (2018-2023) & (US$ Million) Table 123. Middle East & Africa Machine Translation Market Size by Country (2024-2029) & (US$ Million) Table 124. Machine Translation Market Trends Table 125. Machine Translation Market Drivers Table 126. Machine Translation Market Challenges Table 127. Machine Translation Market Restraints Table 128. Research Programs/Design for This Report Table 129. Key Data Information from Secondary Sources Table 130. Key Data Information from Primary Sources List of Figures Figure 1. Global Machine Translation Market Size Year-over-Year 2018-2029 & (US$ Million) Figure 2. Global Machine Translation Market Size (US$ Million), 2018 VS 2022 VS 2029 Figure 3. Global Machine Translation Market Share by Regions: 2022 VS 2029 Figure 4. Global Machine Translation Forecasted Market Size Share by Region (2024-2029) Figure 5. North America Machine Translation Market Size Growth Rate (2018-2029) & (US$ Million) Figure 6. Europe Machine Translation Market Size Growth Rate (2018-2029) & (US$ Million) Figure 7. Asia-Pacific Machine Translation Market Size Growth Rate (2018-2029) & (US$ Million) Figure 8. Latin America Machine Translation Market Size Growth Rate (2018-2029) & (US$ Million) Figure 9. Middle East & Africa Machine Translation Market Size Growth Rate (2018-2029) & (US$ Million) Figure 10. Product Picture of Cloud Figure 11. Global Cloud Market Size (US$ Million) & YoY Growth (2018-2029) Figure 12. Product Picture of On Premise Figure 13. Global On Premise Market Size (US$ Million) & YoY Growth (2018-2029) Figure 14. Global Machine Translation Market Size Share by Type: 2022 & 2029 Figure 15. North America Machine Translation Revenue Market Share by Type (2018-2029) Figure 16. Europe Machine Translation Revenue Market Share by Type (2018-2029) Figure 17. Asia-Pacific Machine Translation Revenue Market Share by Type (2018-2029) Figure 18. Latin America Machine Translation Revenue Market Share by Type (2018-2029) Figure 19. Middle East and Africa Machine Translation Revenue Market Share by Type (2018-2029) Figure 20. B-end Customer Market Size (US$ Million) & YoY Growth (2018-2029) Figure 21. C-end Customer Market Size (US$ Million) & YoY Growth (2018-2029) Figure 22. Government and Defense Market Size (US$ Million) & YoY Growth (2018-2029) Figure 23. Global Machine Translation Market Size Share by Application: 2022 & 2029 Figure 24. North America Machine Translation Revenue Market Share by Application (2018-2029) Figure 25. Europe Machine Translation Revenue Market Share by Application (2018-2029) Figure 26. Asia-Pacific Machine Translation Revenue Market Share by Application (2018-2029) Figure 27. Latin America Machine Translation Revenue Market Share by Application (2018-2029) Figure 28. Middle East and Africa Machine Translation Revenue Market Share by Application (2018-2029) Figure 29. Machine Translation Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2018 VS 2022 Figure 30. Global Top 5 and Top 10 Players Machine Translation Market Share in 2022 Figure 31. North America Machine Translation Market Share by Country (2018-2029) Figure 32. United States Machine Translation Market Size (2018-2029) & (US$ Million) Figure 33. Canada Machine Translation Market Size (2018-2029) & (US$ Million) Figure 34. Germany Machine Translation Market Size (2018-2029) & (US$ Million) Figure 35. France Machine Translation Market Size (2018-2029) & (US$ Million) Figure 36. U.K. Machine Translation Market Size (2018-2029) & (US$ Million) Figure 37. Italy Machine Translation Market Size (2018-2029) & (US$ Million) Figure 38. Russia Machine Translation Market Size (2018-2029) & (US$ Million) Figure 39. Nordic Countries Machine Translation Market Size (2018-2029) & (US$ Million) Figure 40. Asia-Pacific Machine Translation Market Share by Region (2018-2029) Figure 41. China Machine Translation Market Size (2018-2029) & (US$ Million) Figure 42. Japan Machine Translation Market Size (2018-2029) & (US$ Million) Figure 43. South Korea Machine Translation Market Size (2018-2029) & (US$ Million) Figure 44. Southeast Asia Machine Translation Market Size (2018-2029) & (US$ Million) Figure 45. India Machine Translation Market Size (2018-2029) & (US$ Million) Figure 46. Australia Machine Translation Market Size (2018-2029) & (US$ Million) Figure 47. Latin America Machine Translation Market Share by Country (2018-2029) Figure 48. Mexico Machine Translation Market Size (2018-2029) & (US$ Million) Figure 49. Brazil Machine Translation Market Size (2018-2029) & (US$ Million) Figure 50. Middle East & Africa Machine Translation Market Share by Country (2018-2029) Figure 51. Turkey Machine Translation Market Size (2018-2029) & (US$ Million) Figure 52. Saudi Arabia Machine Translation Market Size (2018-2029) & (US$ Million) Figure 53. UAE Machine Translation Market Size (2018-2029) & (US$ Million) Figure 54. Bottom-up and Top-down Approaches for This Report
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