Machine Translation Market - Top Companies and Manufacturers

Companies Dominating the Machine Translation Landscape

Lilt, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
AppTek LLC
Amazon Web Services, Inc.
Alibaba Cloud
Cloudwords Inc.
Google LLC
IBM Corporation
Lionbridge Technologies, LLC.
Microsoft Corporation
Smart Communications, Inc.

Browse Key Market Insights with Data Illustration:

Machine Translation Market Size & Share, Forecast Report 2037

In the News

AppTek announces the launch of a new neural machine translation system that takes metadata into account as inputs to modify the output and gives localization specialists access to more precise user-influenced machine translations. Apptek also added hundreds of language and dialect pairs to its main machine translation platform.
Lilt, Inc. collaborated with Foresite Technology Solutions to bring multiple language content to the platform of Foresite and increase the productivity and skills of construction workers. Moreover, Foresite seeks to reduce communication-related safety concerns for construction workers.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of machine translation is estimated at USD 1.49 billion.

The machine translation market size was over USD 1.35 billion in 2024 and is anticipated to cross USD 6.24 billion by 2037, growing at more than 12.5% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for multiple languages, growing E-commerce, and rising use of NLP of over-the-counter drugs will drive the market growth.

North America industry is estimated to dominate majority revenue share of 40% by 2037, due to rising investment in advanced technologies such as artificial intelligence and machine learning as a service in the region.

The major players in the market include Lilt, Inc., AppTek LLC, Amazon Web Services, Inc., Alibaba Cloud, Cloudwords Inc., Google LLC, IBM Corporation, Lionbridge Technologies, LLC., Microsoft Corporation, Smart Communications, Inc.

Machine Translation Market - Top Companies and Manufacturers

Companies Dominating the Machine Translation Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the machine translation market?

Why is the machine translation sector gaining traction in near future?

Which region accounted for the largest machine translation industry share?

Who are the major machine translation players?