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Global AI Translation Market Research Report 2024
Published Date: March 2024
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Report Code: QYRE-Auto-7E1875
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Global AI Translation Market Insights and Forecast to 2028
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Global AI Translation Market Research Report 2024

Code: QYRE-Auto-7E1875
Report
March 2024
Pages:87
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

AI Translation Market Size

In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022.

AI Translation Market

AI Translation Market

The global AI Translation market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate €9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.93%, including software, hardware and services.
This report aims to provide a comprehensive presentation of the global market for AI Translation, 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 AI Translation.

Report Scope

The AI Translation market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global AI Translation 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 AI Translation companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of AI Translation Market Report

Report Metric Details
Report Name AI Translation Market
Accounted market size in 2022 US$ billion to US$ 1.7 billion
Base Year 2022
Segment by Type
  • Translation App
  • Translation Machine
  • Other
Segment by Application
  • Travel
  • Online Education
  • Other
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company SoundAI, MI, Rozetta, Google, Facebook, Microsoft, Alibaba, NetEase, Souhu, Tencent, ByteDance
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of AI Translation companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the AI Translation Market report?

Ans: The main players in the AI Translation Market are SoundAI, MI, Rozetta, Google, Facebook, Microsoft, Alibaba, NetEase, Souhu, Tencent, ByteDance

What are the Application segmentation covered in the AI Translation Market report?

Ans: The Applications covered in the AI Translation Market report are Travel, Online Education, Other

What are the Type segmentation covered in the AI Translation Market report?

Ans: The Types covered in the AI Translation Market report are Translation App, Translation Machine, Other

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global AI Translation Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Translation App
1.2.3 Translation Machine
1.2.4 Other
1.3 Market by Application
1.3.1 Global AI Translation Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Travel
1.3.3 Online Education
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global AI Translation Market Perspective (2019-2030)
2.2 AI Translation Growth Trends by Region
2.2.1 Global AI Translation Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 AI Translation Historic Market Size by Region (2019-2024)
2.2.3 AI Translation Forecasted Market Size by Region (2025-2030)
2.3 AI Translation Market Dynamics
2.3.1 AI Translation Industry Trends
2.3.2 AI Translation Market Drivers
2.3.3 AI Translation Market Challenges
2.3.4 AI Translation Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top AI Translation Players by Revenue
3.1.1 Global Top AI Translation Players by Revenue (2019-2024)
3.1.2 Global AI Translation Revenue Market Share by Players (2019-2024)
3.2 Global AI Translation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by AI Translation Revenue
3.4 Global AI Translation Market Concentration Ratio
3.4.1 Global AI Translation Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by AI Translation Revenue in 2023
3.5 AI Translation Key Players Head office and Area Served
3.6 Key Players AI Translation Product Solution and Service
3.7 Date of Enter into AI Translation Market
3.8 Mergers & Acquisitions, Expansion Plans
4 AI Translation Breakdown Data by Type
4.1 Global AI Translation Historic Market Size by Type (2019-2024)
4.2 Global AI Translation Forecasted Market Size by Type (2025-2030)
5 AI Translation Breakdown Data by Application
5.1 Global AI Translation Historic Market Size by Application (2019-2024)
5.2 Global AI Translation Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America AI Translation Market Size (2019-2030)
6.2 North America AI Translation Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America AI Translation Market Size by Country (2019-2024)
6.4 North America AI Translation Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe AI Translation Market Size (2019-2030)
7.2 Europe AI Translation Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe AI Translation Market Size by Country (2019-2024)
7.4 Europe AI Translation Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific AI Translation Market Size (2019-2030)
8.2 Asia-Pacific AI Translation Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific AI Translation Market Size by Region (2019-2024)
8.4 Asia-Pacific AI Translation Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America AI Translation Market Size (2019-2030)
9.2 Latin America AI Translation Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America AI Translation Market Size by Country (2019-2024)
9.4 Latin America AI Translation Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa AI Translation Market Size (2019-2030)
10.2 Middle East & Africa AI Translation Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa AI Translation Market Size by Country (2019-2024)
10.4 Middle East & Africa AI Translation Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SoundAI
11.1.1 SoundAI Company Detail
11.1.2 SoundAI Business Overview
11.1.3 SoundAI AI Translation Introduction
11.1.4 SoundAI Revenue in AI Translation Business (2019-2024)
11.1.5 SoundAI Recent Development
11.2 MI
11.2.1 MI Company Detail
11.2.2 MI Business Overview
11.2.3 MI AI Translation Introduction
11.2.4 MI Revenue in AI Translation Business (2019-2024)
11.2.5 MI Recent Development
11.3 Rozetta
11.3.1 Rozetta Company Detail
11.3.2 Rozetta Business Overview
11.3.3 Rozetta AI Translation Introduction
11.3.4 Rozetta Revenue in AI Translation Business (2019-2024)
11.3.5 Rozetta Recent Development
11.4 Google
11.4.1 Google Company Detail
11.4.2 Google Business Overview
11.4.3 Google AI Translation Introduction
11.4.4 Google Revenue in AI Translation Business (2019-2024)
11.4.5 Google Recent Development
11.5 Facebook
11.5.1 Facebook Company Detail
11.5.2 Facebook Business Overview
11.5.3 Facebook AI Translation Introduction
11.5.4 Facebook Revenue in AI Translation Business (2019-2024)
11.5.5 Facebook Recent Development
11.6 Microsoft
11.6.1 Microsoft Company Detail
11.6.2 Microsoft Business Overview
11.6.3 Microsoft AI Translation Introduction
11.6.4 Microsoft Revenue in AI Translation Business (2019-2024)
11.6.5 Microsoft Recent Development
11.7 Alibaba
11.7.1 Alibaba Company Detail
11.7.2 Alibaba Business Overview
11.7.3 Alibaba AI Translation Introduction
11.7.4 Alibaba Revenue in AI Translation Business (2019-2024)
11.7.5 Alibaba Recent Development
11.8 NetEase
11.8.1 NetEase Company Detail
11.8.2 NetEase Business Overview
11.8.3 NetEase AI Translation Introduction
11.8.4 NetEase Revenue in AI Translation Business (2019-2024)
11.8.5 NetEase Recent Development
11.9 Souhu
11.9.1 Souhu Company Detail
11.9.2 Souhu Business Overview
11.9.3 Souhu AI Translation Introduction
11.9.4 Souhu Revenue in AI Translation Business (2019-2024)
11.9.5 Souhu Recent Development
11.10 Tencent
11.10.1 Tencent Company Detail
11.10.2 Tencent Business Overview
11.10.3 Tencent AI Translation Introduction
11.10.4 Tencent Revenue in AI Translation Business (2019-2024)
11.10.5 Tencent Recent Development
11.11 ByteDance
11.11.1 ByteDance Company Detail
11.11.2 ByteDance Business Overview
11.11.3 ByteDance AI Translation Introduction
11.11.4 ByteDance Revenue in AI Translation Business (2019-2024)
11.11.5 ByteDance Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
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 AI Translation Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
    Table 2. Key Players of Translation App
    Table 3. Key Players of Translation Machine
    Table 4. Key Players of Other
    Table 5. Global AI Translation Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
    Table 6. Global AI Translation Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
    Table 7. Global AI Translation Market Size by Region (2019-2024) & (US$ Million)
    Table 8. Global AI Translation Market Share by Region (2019-2024)
    Table 9. Global AI Translation Forecasted Market Size by Region (2025-2030) & (US$ Million)
    Table 10. Global AI Translation Market Share by Region (2025-2030)
    Table 11. AI Translation Market Trends
    Table 12. AI Translation Market Drivers
    Table 13. AI Translation Market Challenges
    Table 14. AI Translation Market Restraints
    Table 15. Global AI Translation Revenue by Players (2019-2024) & (US$ Million)
    Table 16. Global AI Translation Market Share by Players (2019-2024)
    Table 17. Global Top AI Translation Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in AI Translation as of 2023)
    Table 18. Ranking of Global Top AI Translation Companies by Revenue (US$ Million) in 2023
    Table 19. Global 5 Largest Players Market Share by AI Translation Revenue (CR5 and HHI) & (2019-2024)
    Table 20. Key Players Headquarters and Area Served
    Table 21. Key Players AI Translation Product Solution and Service
    Table 22. Date of Enter into AI Translation Market
    Table 23. Mergers & Acquisitions, Expansion Plans
    Table 24. Global AI Translation Market Size by Type (2019-2024) & (US$ Million)
    Table 25. Global AI Translation Revenue Market Share by Type (2019-2024)
    Table 26. Global AI Translation Forecasted Market Size by Type (2025-2030) & (US$ Million)
    Table 27. Global AI Translation Revenue Market Share by Type (2025-2030)
    Table 28. Global AI Translation Market Size by Application (2019-2024) & (US$ Million)
    Table 29. Global AI Translation Revenue Market Share by Application (2019-2024)
    Table 30. Global AI Translation Forecasted Market Size by Application (2025-2030) & (US$ Million)
    Table 31. Global AI Translation Revenue Market Share by Application (2025-2030)
    Table 32. North America AI Translation Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 33. North America AI Translation Market Size by Country (2019-2024) & (US$ Million)
    Table 34. North America AI Translation Market Size by Country (2025-2030) & (US$ Million)
    Table 35. Europe AI Translation Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 36. Europe AI Translation Market Size by Country (2019-2024) & (US$ Million)
    Table 37. Europe AI Translation Market Size by Country (2025-2030) & (US$ Million)
    Table 38. Asia-Pacific AI Translation Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
    Table 39. Asia-Pacific AI Translation Market Size by Region (2019-2024) & (US$ Million)
    Table 40. Asia-Pacific AI Translation Market Size by Region (2025-2030) & (US$ Million)
    Table 41. Latin America AI Translation Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 42. Latin America AI Translation Market Size by Country (2019-2024) & (US$ Million)
    Table 43. Latin America AI Translation Market Size by Country (2025-2030) & (US$ Million)
    Table 44. Middle East & Africa AI Translation Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
    Table 45. Middle East & Africa AI Translation Market Size by Country (2019-2024) & (US$ Million)
    Table 46. Middle East & Africa AI Translation Market Size by Country (2025-2030) & (US$ Million)
    Table 47. SoundAI Company Detail
    Table 48. SoundAI Business Overview
    Table 49. SoundAI AI Translation Product
    Table 50. SoundAI Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 51. SoundAI Recent Development
    Table 52. MI Company Detail
    Table 53. MI Business Overview
    Table 54. MI AI Translation Product
    Table 55. MI Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 56. MI Recent Development
    Table 57. Rozetta Company Detail
    Table 58. Rozetta Business Overview
    Table 59. Rozetta AI Translation Product
    Table 60. Rozetta Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 61. Rozetta Recent Development
    Table 62. Google Company Detail
    Table 63. Google Business Overview
    Table 64. Google AI Translation Product
    Table 65. Google Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 66. Google Recent Development
    Table 67. Facebook Company Detail
    Table 68. Facebook Business Overview
    Table 69. Facebook AI Translation Product
    Table 70. Facebook Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 71. Facebook Recent Development
    Table 72. Microsoft Company Detail
    Table 73. Microsoft Business Overview
    Table 74. Microsoft AI Translation Product
    Table 75. Microsoft Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 76. Microsoft Recent Development
    Table 77. Alibaba Company Detail
    Table 78. Alibaba Business Overview
    Table 79. Alibaba AI Translation Product
    Table 80. Alibaba Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 81. Alibaba Recent Development
    Table 82. NetEase Company Detail
    Table 83. NetEase Business Overview
    Table 84. NetEase AI Translation Product
    Table 85. NetEase Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 86. NetEase Recent Development
    Table 87. Souhu Company Detail
    Table 88. Souhu Business Overview
    Table 89. Souhu AI Translation Product
    Table 90. Souhu Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 91. Souhu Recent Development
    Table 92. Tencent Company Detail
    Table 93. Tencent Business Overview
    Table 94. Tencent AI Translation Product
    Table 95. Tencent Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 96. Tencent Recent Development
    Table 97. ByteDance Company Detail
    Table 98. ByteDance Business Overview
    Table 99. ByteDance AI Translation Product
    Table 100. ByteDance Revenue in AI Translation Business (2019-2024) & (US$ Million)
    Table 101. ByteDance Recent Development
    Table 102. Research Programs/Design for This Report
    Table 103. Key Data Information from Secondary Sources
    Table 104. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global AI Translation Market Size Comparison by Type (2024-2030) & (US$ Million)
    Figure 2. Global AI Translation Market Share by Type: 2023 VS 2030
    Figure 3. Translation App Features
    Figure 4. Translation Machine Features
    Figure 5. Other Features
    Figure 6. Global AI Translation Market Size Comparison by Application (2024-2030) & (US$ Million)
    Figure 7. Global AI Translation Market Share by Application: 2023 VS 2030
    Figure 8. Travel Case Studies
    Figure 9. Online Education Case Studies
    Figure 10. Other Case Studies
    Figure 11. AI Translation Report Years Considered
    Figure 12. Global AI Translation Market Size (US$ Million), Year-over-Year: 2019-2030
    Figure 13. Global AI Translation Market Size, (US$ Million), 2019 VS 2023 VS 2030
    Figure 14. Global AI Translation Market Share by Region: 2023 VS 2030
    Figure 15. Global AI Translation Market Share by Players in 2023
    Figure 16. Global Top AI Translation Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in AI Translation as of 2023)
    Figure 17. The Top 10 and 5 Players Market Share by AI Translation Revenue in 2023
    Figure 18. North America AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 19. North America AI Translation Market Share by Country (2019-2030)
    Figure 20. United States AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 21. Canada AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 22. Europe AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 23. Europe AI Translation Market Share by Country (2019-2030)
    Figure 24. Germany AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 25. France AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 26. U.K. AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 27. Italy AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 28. Russia AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 29. Nordic Countries AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 30. Asia-Pacific AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 31. Asia-Pacific AI Translation Market Share by Region (2019-2030)
    Figure 32. China AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 33. Japan AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 34. South Korea AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 35. Southeast Asia AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 36. India AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 37. Australia AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 38. Latin America AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 39. Latin America AI Translation Market Share by Country (2019-2030)
    Figure 40. Mexico AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 41. Brazil AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 42. Middle East & Africa AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 43. Middle East & Africa AI Translation Market Share by Country (2019-2030)
    Figure 44. Turkey AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 45. Saudi Arabia AI Translation Market Size YoY Growth (2019-2030) & (US$ Million)
    Figure 46. SoundAI Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 47. MI Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 48. Rozetta Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 49. Google Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 50. Facebook Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 51. Microsoft Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 52. Alibaba Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 53. NetEase Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 54. Souhu Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 55. Tencent Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 56. ByteDance Revenue Growth Rate in AI Translation Business (2019-2024)
    Figure 57. Bottom-up and Top-down Approaches for This Report
    Figure 58. Data Triangulation
    Figure 59. Key Executives Interviewed
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