Trends are dynamic. 2020: Trends in Machine Translation for the Language Industry The machine translation landscape is blossoming, yet organizations are still trying to figure out how … Additionally, websites that completely localized their content see a 70% rise. Therefore, in order for brands to rank higher on search engines, they will not only need to consider what keywords their consumer might type in on search engines but also what they might say. There are new technologies developed to solve this rising demand for speech-to-speech translation if there is a new language demand. Medical Translation. About Localization 2020 Localization Industry Trends from Smartling. But is there any technology being developed for a more global, widespread audience? Coronavirus Outbreak: what if a patient is not fluent in English speaking. Also, A Gartner Study anticipates that by 2020, 30% of all browsing sessions will include voice search. Market Size & Industry Statistics. Required fields are marked *. Companies need of switching to multilingual services has increased. Ltd. | Terms & Conditions | Data Privacy Policy | Refund Policy | Pay Online, DMEXCO - Digital Marketing Exposition & Conference 2020 @home, Gamescom & Devcom 2020 – A Digital-Only Event, The significance of customized Commercials for a region-specific Audience. Post-editing Machine Translation. And that’s because these markets have an annual growth rate of 4-5%. This makes it the most spoken language in the world, and the second-most utilized online behind English (25.4 percent).”, This Business Wire stated, “The growing tourism industry in countries such as China, India, Indonesia, Singapore, Thailand, and many more is contributing to the demand for speech-to-speech translation.”. Yes- in May 2019 on Google’s AI Blog, they announced a new system called Translatotron. It is also able to retain the source speaker’s voice in the translated speech.” This system, Translatotron, is a kick-start to Google’s end goal, end-to-end, speech-to-speech translation systems. Medical translation will play an even more important role in 2021 as we start to get vaccines all over the world. Video Translation is the process of having audio and video professionals who take the video footage provided and create subtitles for various languages wanted and/or needed. The global translation industry is continuing its growth in the new year, with an expected market value of $56 billion by the end of 2020. Language Translation Software Industry Market: Business Opportunities, Current Trends and Industry Analysis by 2020 – 2025 Market Study Report Date: 2020-12-14 Technology Product ID: 2803502 In recent years video content has significantly increased and it is estimated that in 2021 1 million minutes of video will be streamed/downloaded every second. The translation industry is expected to grow exponentially following the trends that will impact the translation industry positively in 2020. Let us know in the comments below! In recent years video content has significantly increased and it is estimated that in 2021 1 million minutes of video…, In December 2020 Amazon launched Alexa's Live Translation feature which allows Alexa to act as an Interpreter. Here are a few translation trends we think will be big this year…. Your email address will not be published. Copyright © 2018 Lingual Consultancy Services Pvt. Voice Search allows users to use technology like smartphones, computers, smart devices to search the internet by asking a question or stating a phrase, verbally. , is the case for most industries in the language that will affect market growth over 2020-2024 services must cheaper. Outbreak: what if a patient is not fluent in English speaking Lingual Consultancy services busy for. 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