Global Machine Translation (MT) Market Research Report 2023

Machine translation (MT) refers to fully automated software that can translate source content into target languages. Humans may use MT to help them render text and speech into another language, or the MT software may operate without human intervention. MT tools are often used to translate vast amounts of information involving millions of words that could not possibly be translated the traditional way. The quality of MT output can vary considerably; MT systems require “training” in the desired domain and language pair to increase quality. Translation companies use MT to augment productivity of their translators, cut costs, and provide post-editing services to clients. MT use by language service providers is growing quickly. In 2016, SDL—one of the largest translation companies in the world—announced it translates 20 times more content with MT than with human teams.

The global Machine Translation (MT) market was valued at US$ 131.7 million in 2022 and is anticipated to reach US$ 164.7 million by 2029, witnessing a CAGR of 3.8% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Machine Translation (MT) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Machine Translation (MT) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Machine Translation (MT) in Healthcare is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Machine Translation (MT) include Google Translate, Microsoft Translator / Bing, SDL BeGlobal, Yandex Translate, Amazon Web Services translator, Naver, IBM - Watson Language Translator, Automatic Trans and BABYLON, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Machine Translation (MT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Machine Translation (MT).

The Machine Translation (MT) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Machine Translation (MT) market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Machine Translation (MT) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Machine Translation (MT) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Generic MT

1.2.3 Customizable MT

1.2.4 Adaptive MT

1.3 Market by Application

1.3.1 Global Machine Translation (MT) Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Healthcare

1.3.3 Automotive

1.3.4 Military & Defense

1.3.5 IT

1.3.6 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Machine Translation (MT) Market Perspective (2018-2029)

2.2 Machine Translation (MT) Growth Trends by Region

2.2.1 Global Machine Translation (MT) Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Machine Translation (MT) Historic Market Size by Region (2018-2023)

2.2.3 Machine Translation (MT) Forecasted Market Size by Region (2024-2029)

2.3 Machine Translation (MT) Market Dynamics

2.3.1 Machine Translation (MT) Industry Trends

2.3.2 Machine Translation (MT) Market Drivers

2.3.3 Machine Translation (MT) Market Challenges

2.3.4 Machine Translation (MT) Market Restraints

3.1 Global Top Machine Translation (MT) Players by Revenue

3.1.1 Global Top Machine Translation (MT) Players by Revenue (2018-2023)

3.1.2 Global Machine Translation (MT) Revenue Market Share by Players (2018-2023)

3.2 Global Machine Translation (MT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Machine Translation (MT) Revenue

3.4 Global Machine Translation (MT) Market Concentration Ratio

3.4.1 Global Machine Translation (MT) Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Machine Translation (MT) Revenue in 2022

3.5 Machine Translation (MT) Key Players Head office and Area Served

3.6 Key Players Machine Translation (MT) Product Solution and Service

3.7 Date of Enter into Machine Translation (MT) Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Machine Translation (MT) Historic Market Size by Type (2018-2023)

4.2 Global Machine Translation (MT) Forecasted Market Size by Type (2024-2029)

5.1 Global Machine Translation (MT) Historic Market Size by Application (2018-2023)

5.2 Global Machine Translation (MT) Forecasted Market Size by Application (2024-2029)

6.1 North America Machine Translation (MT) Market Size (2018-2029)

6.2 North America Machine Translation (MT) Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Machine Translation (MT) Market Size by Country (2018-2023)

6.4 North America Machine Translation (MT) Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Machine Translation (MT) Market Size (2018-2029)

7.2 Europe Machine Translation (MT) Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Machine Translation (MT) Market Size by Country (2018-2023)

7.4 Europe Machine Translation (MT) Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Machine Translation (MT) Market Size (2018-2029)

8.2 Asia-Pacific Machine Translation (MT) Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Machine Translation (MT) Market Size by Region (2018-2023)

8.4 Asia-Pacific Machine Translation (MT) Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Machine Translation (MT) Market Size (2018-2029)

9.2 Latin America Machine Translation (MT) Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Machine Translation (MT) Market Size by Country (2018-2023)

9.4 Latin America Machine Translation (MT) Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Machine Translation (MT) Market Size (2018-2029)

10.2 Middle East & Africa Machine Translation (MT) Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Machine Translation (MT) Market Size by Country (2018-2023)

10.4 Middle East & Africa Machine Translation (MT) Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Google Translate

11.1.1 Google Translate Company Detail

11.1.2 Google Translate Business Overview

11.1.3 Google Translate Machine Translation (MT) Introduction

11.1.4 Google Translate Revenue in Machine Translation (MT) Business (2018-2023)

11.1.5 Google Translate Recent Development

11.2 Microsoft Translator / Bing

11.2.1 Microsoft Translator / Bing Company Detail

11.2.2 Microsoft Translator / Bing Business Overview

11.2.3 Microsoft Translator / Bing Machine Translation (MT) Introduction

11.2.4 Microsoft Translator / Bing Revenue in Machine Translation (MT) Business (2018-2023)

11.2.5 Microsoft Translator / Bing Recent Development

11.3 SDL BeGlobal

11.3.1 SDL BeGlobal Company Detail

11.3.2 SDL BeGlobal Business Overview

11.3.3 SDL BeGlobal Machine Translation (MT) Introduction

11.3.4 SDL BeGlobal Revenue in Machine Translation (MT) Business (2018-2023)

11.3.5 SDL BeGlobal Recent Development

11.4 Yandex Translate

11.4.1 Yandex Translate Company Detail

11.4.2 Yandex Translate Business Overview

11.4.3 Yandex Translate Machine Translation (MT) Introduction

11.4.4 Yandex Translate Revenue in Machine Translation (MT) Business (2018-2023)

11.4.5 Yandex Translate Recent Development

11.5 Amazon Web Services translator

11.5.1 Amazon Web Services translator Company Detail

11.5.2 Amazon Web Services translator Business Overview

11.5.3 Amazon Web Services translator Machine Translation (MT) Introduction

11.5.4 Amazon Web Services translator Revenue in Machine Translation (MT) Business (2018-2023)

11.5.5 Amazon Web Services translator Recent Development

11.6 Naver

11.6.1 Naver Company Detail

11.6.2 Naver Business Overview

11.6.3 Naver Machine Translation (MT) Introduction

11.6.4 Naver Revenue in Machine Translation (MT) Business (2018-2023)

11.6.5 Naver Recent Development

11.7 IBM - Watson Language Translator

11.7.1 IBM - Watson Language Translator Company Detail

11.7.2 IBM - Watson Language Translator Business Overview

11.7.3 IBM - Watson Language Translator Machine Translation (MT) Introduction

11.7.4 IBM - Watson Language Translator Revenue in Machine Translation (MT) Business (2018-2023)

11.7.5 IBM - Watson Language Translator Recent Development

11.8 Automatic Trans

11.8.1 Automatic Trans Company Detail

11.8.2 Automatic Trans Business Overview

11.8.3 Automatic Trans Machine Translation (MT) Introduction

11.8.4 Automatic Trans Revenue in Machine Translation (MT) Business (2018-2023)

11.8.5 Automatic Trans Recent Development

11.9 BABYLON

11.9.1 BABYLON Company Detail

11.9.2 BABYLON Business Overview

11.9.3 BABYLON Machine Translation (MT) Introduction

11.9.4 BABYLON Revenue in Machine Translation (MT) Business (2018-2023)

11.9.5 BABYLON Recent Development

11.10 CCID TransTech

11.10.1 CCID TransTech Company Detail

11.10.2 CCID TransTech Business Overview

11.10.3 CCID TransTech Machine Translation (MT) Introduction

11.10.4 CCID TransTech Revenue in Machine Translation (MT) Business (2018-2023)

11.10.5 CCID TransTech Recent Development

11.11 CSLi

11.11.1 CSLi Company Detail

11.11.2 CSLi Business Overview

11.11.3 CSLi Machine Translation (MT) Introduction

11.11.4 CSLi Revenue in Machine Translation (MT) Business (2018-2023)

11.11.5 CSLi Recent Development

11.12 East Linden

11.12.1 East Linden Company Detail

11.12.2 East Linden Business Overview

11.12.3 East Linden Machine Translation (MT) Introduction

11.12.4 East Linden Revenue in Machine Translation (MT) Business (2018-2023)

11.12.5 East Linden Recent Development

11.13 Eleka Ingeniaritza Linguistikoa

11.13.1 Eleka Ingeniaritza Linguistikoa Company Detail

11.13.2 Eleka Ingeniaritza Linguistikoa Business Overview

11.13.3 Eleka Ingeniaritza Linguistikoa Machine Translation (MT) Introduction

11.13.4 Eleka Ingeniaritza Linguistikoa Revenue in Machine Translation (MT) Business (2018-2023)

11.13.5 Eleka Ingeniaritza Linguistikoa Recent Development

11.14 GrammarSoft ApS

11.14.1 GrammarSoft ApS Company Detail

11.14.2 GrammarSoft ApS Business Overview

11.14.3 GrammarSoft ApS Machine Translation (MT) Introduction

11.14.4 GrammarSoft ApS Revenue in Machine Translation (MT) Business (2018-2023)

11.14.5 GrammarSoft ApS Recent Development

11.15 Iconic Translation Machines

11.15.1 Iconic Translation Machines Company Detail

11.15.2 Iconic Translation Machines Business Overview

11.15.3 Iconic Translation Machines Machine Translation (MT) Introduction

11.15.4 Iconic Translation Machines Revenue in Machine Translation (MT) Business (2018-2023)

11.15.5 Iconic Translation Machines Recent Development

11.16 K2E-PAT

11.16.1 K2E-PAT Company Detail

11.16.2 K2E-PAT Business Overview

11.16.3 K2E-PAT Machine Translation (MT) Introduction

11.16.4 K2E-PAT Revenue in Machine Translation (MT) Business (2018-2023)

11.16.5 K2E-PAT Recent Development

11.17 KantanMT

11.17.1 KantanMT Company Detail

11.17.2 KantanMT Business Overview

11.17.3 KantanMT Machine Translation (MT) Introduction

11.17.4 KantanMT Revenue in Machine Translation (MT) Business (2018-2023)

11.17.5 KantanMT Recent Development

11.18 Kodensha

11.18.1 Kodensha Company Detail

11.18.2 Kodensha Business Overview

11.18.3 Kodensha Machine Translation (MT) Introduction

11.18.4 Kodensha Revenue in Machine Translation (MT) Business (2018-2023)

11.18.5 Kodensha Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Machine Translation (MT) Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Generic MT

    Table 3. Key Players of Customizable MT

    Table 4. Key Players of Adaptive MT

    Table 5. Global Machine Translation (MT) Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Machine Translation (MT) Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Machine Translation (MT) Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Machine Translation (MT) Market Share by Region (2018-2023)

    Table 9. Global Machine Translation (MT) Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Machine Translation (MT) Market Share by Region (2024-2029)

    Table 11. Machine Translation (MT) Market Trends

    Table 12. Machine Translation (MT) Market Drivers

    Table 13. Machine Translation (MT) Market Challenges

    Table 14. Machine Translation (MT) Market Restraints

    Table 15. Global Machine Translation (MT) Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Machine Translation (MT) Market Share by Players (2018-2023)

    Table 17. Global Top Machine Translation (MT) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Machine Translation (MT) as of 2022)

    Table 18. Ranking of Global Top Machine Translation (MT) Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Machine Translation (MT) Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Machine Translation (MT) Product Solution and Service

    Table 22. Date of Enter into Machine Translation (MT) Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Machine Translation (MT) Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Machine Translation (MT) Revenue Market Share by Type (2018-2023)

    Table 26. Global Machine Translation (MT) Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Machine Translation (MT) Revenue Market Share by Type (2024-2029)

    Table 28. Global Machine Translation (MT) Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Machine Translation (MT) Revenue Market Share by Application (2018-2023)

    Table 30. Global Machine Translation (MT) Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Machine Translation (MT) Revenue Market Share by Application (2024-2029)

    Table 32. North America Machine Translation (MT) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Machine Translation (MT) Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Machine Translation (MT) Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Machine Translation (MT) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Machine Translation (MT) Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Machine Translation (MT) Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Machine Translation (MT) Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Machine Translation (MT) Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Machine Translation (MT) Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Machine Translation (MT) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Machine Translation (MT) Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Machine Translation (MT) Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Machine Translation (MT) Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Machine Translation (MT) Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Machine Translation (MT) Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Google Translate Company Detail

    Table 48. Google Translate Business Overview

    Table 49. Google Translate Machine Translation (MT) Product

    Table 50. Google Translate Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 51. Google Translate Recent Development

    Table 52. Microsoft Translator / Bing Company Detail

    Table 53. Microsoft Translator / Bing Business Overview

    Table 54. Microsoft Translator / Bing Machine Translation (MT) Product

    Table 55. Microsoft Translator / Bing Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 56. Microsoft Translator / Bing Recent Development

    Table 57. SDL BeGlobal Company Detail

    Table 58. SDL BeGlobal Business Overview

    Table 59. SDL BeGlobal Machine Translation (MT) Product

    Table 60. SDL BeGlobal Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 61. SDL BeGlobal Recent Development

    Table 62. Yandex Translate Company Detail

    Table 63. Yandex Translate Business Overview

    Table 64. Yandex Translate Machine Translation (MT) Product

    Table 65. Yandex Translate Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 66. Yandex Translate Recent Development

    Table 67. Amazon Web Services translator Company Detail

    Table 68. Amazon Web Services translator Business Overview

    Table 69. Amazon Web Services translator Machine Translation (MT) Product

    Table 70. Amazon Web Services translator Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 71. Amazon Web Services translator Recent Development

    Table 72. Naver Company Detail

    Table 73. Naver Business Overview

    Table 74. Naver Machine Translation (MT) Product

    Table 75. Naver Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 76. Naver Recent Development

    Table 77. IBM - Watson Language Translator Company Detail

    Table 78. IBM - Watson Language Translator Business Overview

    Table 79. IBM - Watson Language Translator Machine Translation (MT) Product

    Table 80. IBM - Watson Language Translator Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 81. IBM - Watson Language Translator Recent Development

    Table 82. Automatic Trans Company Detail

    Table 83. Automatic Trans Business Overview

    Table 84. Automatic Trans Machine Translation (MT) Product

    Table 85. Automatic Trans Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 86. Automatic Trans Recent Development

    Table 87. BABYLON Company Detail

    Table 88. BABYLON Business Overview

    Table 89. BABYLON Machine Translation (MT) Product

    Table 90. BABYLON Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 91. BABYLON Recent Development

    Table 92. CCID TransTech Company Detail

    Table 93. CCID TransTech Business Overview

    Table 94. CCID TransTech Machine Translation (MT) Product

    Table 95. CCID TransTech Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 96. CCID TransTech Recent Development

    Table 97. CSLi Company Detail

    Table 98. CSLi Business Overview

    Table 99. CSLi Machine Translation (MT) Product

    Table 100. CSLi Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 101. CSLi Recent Development

    Table 102. East Linden Company Detail

    Table 103. East Linden Business Overview

    Table 104. East Linden Machine Translation (MT) Product

    Table 105. East Linden Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 106. East Linden Recent Development

    Table 107. Eleka Ingeniaritza Linguistikoa Company Detail

    Table 108. Eleka Ingeniaritza Linguistikoa Business Overview

    Table 109. Eleka Ingeniaritza Linguistikoa Machine Translation (MT) Product

    Table 110. Eleka Ingeniaritza Linguistikoa Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 111. Eleka Ingeniaritza Linguistikoa Recent Development

    Table 112. GrammarSoft ApS Company Detail

    Table 113. GrammarSoft ApS Business Overview

    Table 114. GrammarSoft ApS Machine Translation (MT) Product

    Table 115. GrammarSoft ApS Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 116. GrammarSoft ApS Recent Development

    Table 117. Iconic Translation Machines Company Detail

    Table 118. Iconic Translation Machines Business Overview

    Table 119. Iconic Translation Machines Machine Translation (MT) Product

    Table 120. Iconic Translation Machines Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 121. Iconic Translation Machines Recent Development

    Table 122. K2E-PAT Company Detail

    Table 123. K2E-PAT Business Overview

    Table 124. K2E-PAT Machine Translation (MT) Product

    Table 125. K2E-PAT Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 126. K2E-PAT Recent Development

    Table 127. KantanMT Company Detail

    Table 128. KantanMT Business Overview

    Table 129. KantanMT Machine Translation (MT) Product

    Table 130. KantanMT Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 131. KantanMT Recent Development

    Table 132. Kodensha Company Detail

    Table 133. Kodensha Business Overview

    Table 134. Kodensha Machine Translation (MT) Product

    Table 135. Kodensha Revenue in Machine Translation (MT) Business (2018-2023) & (US$ Million)

    Table 136. Kodensha Recent Development

    Table 137. Research Programs/Design for This Report

    Table 138. Key Data Information from Secondary Sources

    Table 139. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Machine Translation (MT) Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Machine Translation (MT) Market Share by Type: 2022 VS 2029

    Figure 3. Generic MT Features

    Figure 4. Customizable MT Features

    Figure 5. Adaptive MT Features

    Figure 6. Global Machine Translation (MT) Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Machine Translation (MT) Market Share by Application: 2022 VS 2029

    Figure 8. Healthcare Case Studies

    Figure 9. Automotive Case Studies

    Figure 10. Military & Defense Case Studies

    Figure 11. IT Case Studies

    Figure 12. Others Case Studies

    Figure 13. Machine Translation (MT) Report Years Considered

    Figure 14. Global Machine Translation (MT) Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global Machine Translation (MT) Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global Machine Translation (MT) Market Share by Region: 2022 VS 2029

    Figure 17. Global Machine Translation (MT) Market Share by Players in 2022

    Figure 18. Global Top Machine Translation (MT) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Machine Translation (MT) as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by Machine Translation (MT) Revenue in 2022

    Figure 20. North America Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America Machine Translation (MT) Market Share by Country (2018-2029)

    Figure 22. United States Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Machine Translation (MT) Market Share by Country (2018-2029)

    Figure 26. Germany Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Machine Translation (MT) Market Share by Region (2018-2029)

    Figure 34. China Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Machine Translation (MT) Market Share by Country (2018-2029)

    Figure 42. Mexico Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Machine Translation (MT) Market Share by Country (2018-2029)

    Figure 46. Turkey Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia Machine Translation (MT) Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Google Translate Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 49. Microsoft Translator / Bing Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 50. SDL BeGlobal Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 51. Yandex Translate Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 52. Amazon Web Services translator Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 53. Naver Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 54. IBM - Watson Language Translator Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 55. Automatic Trans Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 56. BABYLON Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 57. CCID TransTech Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 58. CSLi Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 59. East Linden Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 60. Eleka Ingeniaritza Linguistikoa Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 61. GrammarSoft ApS Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 62. Iconic Translation Machines Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 63. K2E-PAT Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 64. KantanMT Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 65. Kodensha Revenue Growth Rate in Machine Translation (MT) Business (2018-2023)

    Figure 66. Bottom-up and Top-down Approaches for This Report

    Figure 67. Data Triangulation

    Figure 68. Key Executives Interviewed