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Machine Translation Market Report by Technology Type (Statistical Machine Translation (SMT), Rule-Based Machine Translation (RBMT), Neural Machine Translation, and Others), Deployment Type (On-Premises, Cloud-Based), Application (BFSI, Automotive, Electronics, Healthcare, IT and Telecommunications, Military and Defense, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3099
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Machine Translation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology Type
6.1 Statistical Machine Translation (SMT)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Rule-Based Machine Translation (RBMT)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Neural Machine Translation
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Deployment Type
7.1 On-Premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-Based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 BFSI
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Healthcare
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 IT and Telecommunications
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Military and Defense
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Applications Technology Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Asia Online Pte Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Cloudwords Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 International Business Machines Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Lionbridge Technologies Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Pangeanic
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Raytheon Technologies Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 SDL Plc (RWS Holdings Plc)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Smart Communications Inc. (PLDT Inc.)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Systran
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Welocalize Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Machine Translation Market: Major Drivers and Challenges
Figure 2: Global: Machine Translation Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Machine Translation Market: Breakup by Technology Type (in %), 2023
Figure 5: Global: Machine Translation Market: Breakup by Deployment Type (in %), 2023
Figure 6: Global: Machine Translation Market: Breakup by Application (in %), 2023
Figure 7: Global: Machine Translation Market: Breakup by Region (in %), 2023
Figure 8: Global: Machine Translation (Statistical Machine Translation- SMT) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Machine Translation (Statistical Machine Translation- SMT) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Machine Translation (Rule-Based Machine Translation- RBMT) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Machine Translation (Rule-Based Machine Translation- RBMT) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Machine Translation (Neural Machine Translation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Machine Translation (Neural Machine Translation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Machine Translation (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Machine Translation (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Machine Translation (On-Premises) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Machine Translation (On-Premises) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Machine Translation (Cloud-Based) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Machine Translation (Cloud-Based) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Machine Translation (BFSI) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Machine Translation (BFSI) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Machine Translation (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Machine Translation (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Machine Translation (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Machine Translation (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Machine Translation (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Machine Translation (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Machine Translation (IT and Telecommunications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Machine Translation (IT and Telecommunications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Machine Translation (Military and Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Machine Translation (Military and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Machine Translation (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Machine Translation (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: North America: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: North America: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: United States: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: United States: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Canada: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Canada: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Asia-Pacific: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Asia-Pacific: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: China: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: China: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Japan: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Japan: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: India: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: India: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: South Korea: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: South Korea: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Australia: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Australia: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Indonesia: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Indonesia: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Others: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Others: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Europe: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Europe: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Germany: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Germany: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: France: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: France: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: United Kingdom: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: United Kingdom: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Italy: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Italy: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Spain: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Spain: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Russia: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Russia: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Others: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Others: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Latin America: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Latin America: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Brazil: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Brazil: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Mexico: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Mexico: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Others: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Others: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Middle East and Africa: Machine Translation Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Middle East and Africa: Machine Translation Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Middle East and Africa: Machine Translation Market: Breakup by Country (in %), 2023
Figure 83: Global: Machine Translation Industry: SWOT Analysis
Figure 84: Global: Machine Translation Industry: Value Chain Analysis
Figure 85: Global: Machine Translation Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Machine Translation Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Machine Translation Market Forecast: Breakup by Technology Type (in Million US$), 2024-2032
Table 3: Global: Machine Translation Market Forecast: Breakup by Deployment Type (in Million US$), 2024-2032
Table 4: Global: Machine Translation Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Machine Translation Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Machine Translation Market: Competitive Structure
Table 7: Global: Machine Translation Market: Key Players
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