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Global Interpreting Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 10/11/2022
  • NO OF PAGES
  • 280
  • CATEGORY
  • Retails & Consumer
The Interpreting market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Interpreting market. On the basis of historic growth analysis and current scenario of Interpreting market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Interpreting market. These further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Interpreting market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Interpreting market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.



Global Interpreting Market: Major Players
Others
Language Services Associates,Inc
Amplexor International
Kwintessential
RWS Holdings plc
ULG
ONCALL Interpreters & Translators
ASIST TRANSLATION SERVICES, INC.
Thebigword
Welocalize
The MCS Group, Inc.
Semantix
TransPerfect
Språkservice Sverige AB
LanguageLine Solutions
AAA Translation
Lionbridge Technologies
INGCO International
AMN LANGUAGE SERVICES
Global Talk
Cyracom
Hogarth Worldwide Limited
Global Interpreting Network Inc
American Language Services
Translate plus

Global Interpreting Market: By Types
Remote Simultaneous Interpreting
Over-The-Phone Interpretation Services
On-site/Face-to-Face Interpreting Services
Document Translation Services
Others

Global Interpreting Market: By Applications
Enterprise
Institution
Others



Global Interpreting Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Interpreting market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Interpreting Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Interpreting Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Interpreting
1.3 Interpreting Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Interpreting Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Interpreting
1.4.2 Applications of Interpreting
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Interpreting Industry Trends
1.5.2 Interpreting Drivers
1.5.3 Interpreting Market Challenges
1.5.4 Interpreting Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Interpreting Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Interpreting Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Interpreting Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Interpreting
2.2.1 Major Players Manufacturing Base of Interpreting in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Interpreting Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Interpreting
2.3.3 Labor Cost of Interpreting
2.4 Market Channel Analysis of Interpreting
2.5 Major Down Stream Customers by Application

3 Global Interpreting Market, by Type
3.1 Global Interpreting Revenue and Market Share by Type (2016-2021)
3.2 Global Interpreting Production and Market Share by Type (2016-2021)
3.3 Global Interpreting Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Interpreting Revenue and Growth Rate of Remote Simultaneous Interpreting
3.3.2 Global Interpreting Revenue and Growth Rate of Over-The-Phone Interpretation Services
3.3.3 Global Interpreting Revenue and Growth Rate of On-site/Face-to-Face Interpreting Services
3.3.4 Global Interpreting Revenue and Growth Rate of Document Translation Services
3.3.5 Global Interpreting Revenue and Growth Rate of Others
3.4 Global Interpreting Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends

4 Interpreting Market, by Application
4.1 Downstream Market Overview
4.2 Global Interpreting Consumption and Market Share by Application (2016-2021)
4.3 Global Interpreting Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Interpreting Consumption and Growth Rate of Enterprise (2016-2021)
4.3.2 Global Interpreting Consumption and Growth Rate of Institution (2016-2021)
4.3.3 Global Interpreting Consumption and Growth Rate of Others (2016-2021)

5 Global Interpreting Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Interpreting Revenue and Market Share by Region (2016-2021)
5.2 Global Interpreting Consumption and Market Share by Region (2016-2021)
5.3 Global Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Interpreting Market Under COVID-19
5.4.2 North America Interpreting SWOT Analysis
5.5 Europe Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Interpreting Market Under COVID-19
5.5.2 Europe Interpreting SWOT Analysis
5.6 China Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Interpreting Market Under COVID-19
5.6.2 China Interpreting SWOT Analysis
5.7 Japan Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Interpreting Market Under COVID-19
5.7.2 Japan Interpreting SWOT Analysis
5.8 Middle East and Africa Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Interpreting Market Under COVID-19
5.8.2 Middle East and Africa Interpreting SWOT Analysis
5.9 India Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Interpreting Market Under COVID-19
5.9.2 India Interpreting SWOT Analysis
5.10 South America Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Interpreting Market Under COVID-19
5.10.2 South America Interpreting SWOT Analysis
5.11 South Korea Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Interpreting Market Under COVID-19
5.11.2 South Korea Interpreting SWOT Analysis
5.12 Southeast Asia Interpreting Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Interpreting Market Under COVID-19
5.12.2 Southeast Asia Interpreting SWOT Analysis

6 Global Interpreting Production by Top Regions (2016-2021)
6.1 Global Interpreting Production by Top Regions (2016-2021)
6.2 North America Interpreting Production and Growth Rate
6.3 Europe Interpreting Production and Growth Rate
6.4 China Interpreting Production and Growth Rate
6.5 Japan Interpreting Production and Growth Rate
6.6 India Interpreting Production and Growth Rate

7 Global Interpreting Consumption by Regions (2016-2021)
7.1 Global Interpreting Consumption by Regions (2016-2021)
7.2 North America Interpreting Consumption and Growth Rate
7.3 Europe Interpreting Consumption and Growth Rate
7.4 China Interpreting Consumption and Growth Rate
7.5 Japan Interpreting Consumption and Growth Rate
7.6 Middle East & Africa Interpreting Consumption and Growth Rate
7.7 India Interpreting Consumption and Growth Rate
7.8 South America Interpreting Consumption and Growth Rate
7.9 South Korea Interpreting Consumption and Growth Rate
7.10 Southeast Asia Interpreting Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 Others Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Interpreting Product Profiles, Application and Specification
8.2.3 Others Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Language Services Associates,Inc Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Interpreting Product Profiles, Application and Specification
8.3.3 Language Services Associates,Inc Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Amplexor International Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Interpreting Product Profiles, Application and Specification
8.4.3 Amplexor International Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Kwintessential Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Interpreting Product Profiles, Application and Specification
8.5.3 Kwintessential Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 RWS Holdings plc Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Interpreting Product Profiles, Application and Specification
8.6.3 RWS Holdings plc Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 ULG Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Interpreting Product Profiles, Application and Specification
8.7.3 ULG Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 ONCALL Interpreters & Translators Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Interpreting Product Profiles, Application and Specification
8.8.3 ONCALL Interpreters & Translators Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 ASIST TRANSLATION SERVICES, INC. Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Interpreting Product Profiles, Application and Specification
8.9.3 ASIST TRANSLATION SERVICES, INC. Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Thebigword Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Interpreting Product Profiles, Application and Specification
8.10.3 Thebigword Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Welocalize Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Interpreting Product Profiles, Application and Specification
8.11.3 Welocalize Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 The MCS Group, Inc. Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Interpreting Product Profiles, Application and Specification
8.12.3 The MCS Group, Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Semantix Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Interpreting Product Profiles, Application and Specification
8.13.3 Semantix Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 TransPerfect Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Interpreting Product Profiles, Application and Specification
8.14.3 TransPerfect Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Språkservice Sverige AB Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Interpreting Product Profiles, Application and Specification
8.15.3 Språkservice Sverige AB Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 LanguageLine Solutions Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Interpreting Product Profiles, Application and Specification
8.16.3 LanguageLine Solutions Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 AAA Translation Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Interpreting Product Profiles, Application and Specification
8.17.3 AAA Translation Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
8.18 Lionbridge Technologies Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Interpreting Product Profiles, Application and Specification
8.18.3 Lionbridge Technologies Sales, Revenue, Price, Gross Margin 2016-2021
8.18.4 Company Recent Development
8.18.5 Strategies for Company to Deal with the Impact of COVID-19
8.19 INGCO International Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Interpreting Product Profiles, Application and Specification
8.19.3 INGCO International Sales, Revenue, Price, Gross Margin 2016-2021
8.19.4 Company Recent Development
8.19.5 Strategies for Company to Deal with the Impact of COVID-19
8.20 AMN LANGUAGE SERVICES Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Interpreting Product Profiles, Application and Specification
8.20.3 AMN LANGUAGE SERVICES Sales, Revenue, Price, Gross Margin 2016-2021
8.20.4 Company Recent Development
8.20.5 Strategies for Company to Deal with the Impact of COVID-19
8.21 Global Talk Market Performance Analysis
8.21.1 Company Profiles
8.21.2 Interpreting Product Profiles, Application and Specification
8.21.3 Global Talk Sales, Revenue, Price, Gross Margin 2016-2021
8.21.4 Company Recent Development
8.21.5 Strategies for Company to Deal with the Impact of COVID-19
8.22 Cyracom Market Performance Analysis
8.22.1 Company Profiles
8.22.2 Interpreting Product Profiles, Application and Specification
8.22.3 Cyracom Sales, Revenue, Price, Gross Margin 2016-2021
8.22.4 Company Recent Development
8.22.5 Strategies for Company to Deal with the Impact of COVID-19
8.23 Hogarth Worldwide Limited Market Performance Analysis
8.23.1 Company Profiles
8.23.2 Interpreting Product Profiles, Application and Specification
8.23.3 Hogarth Worldwide Limited Sales, Revenue, Price, Gross Margin 2016-2021
8.23.4 Company Recent Development
8.23.5 Strategies for Company to Deal with the Impact of COVID-19
8.24 Global Interpreting Network Inc Market Performance Analysis
8.24.1 Company Profiles
8.24.2 Interpreting Product Profiles, Application and Specification
8.24.3 Global Interpreting Network Inc Sales, Revenue, Price, Gross Margin 2016-2021
8.24.4 Company Recent Development
8.24.5 Strategies for Company to Deal with the Impact of COVID-19
8.25 American Language Services Market Performance Analysis
8.25.1 Company Profiles
8.25.2 Interpreting Product Profiles, Application and Specification
8.25.3 American Language Services Sales, Revenue, Price, Gross Margin 2016-2021
8.25.4 Company Recent Development
8.25.5 Strategies for Company to Deal with the Impact of COVID-19
8.26 Translate plus Market Performance Analysis
8.26.1 Company Profiles
8.26.2 Interpreting Product Profiles, Application and Specification
8.26.3 Translate plus Sales, Revenue, Price, Gross Margin 2016-2021
8.26.4 Company Recent Development
8.26.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Interpreting Market Analysis and Forecast by Type and Application
9.1 Global Interpreting Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Remote Simultaneous Interpreting Market Revenue and Volume Forecast (2021-2026)
9.1.2 Over-The-Phone Interpretation Services Market Revenue and Volume Forecast (2021-2026)
9.1.3 On-site/Face-to-Face Interpreting Services Market Revenue and Volume Forecast (2021-2026)
9.1.4 Document Translation Services Market Revenue and Volume Forecast (2021-2026)
9.1.5 Others Market Revenue and Volume Forecast (2021-2026)
9.2 Global Interpreting Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Enterprise Market Revenue and Volume Forecast (2021-2026)
9.2.2 Institution Market Revenue and Volume Forecast (2021-2026)
9.2.3 Others Market Revenue and Volume Forecast (2021-2026)

10 Interpreting Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Interpreting Market Trends Analysis

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
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  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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