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Global Machine Translation (MT) Market Research Report 2021 - Impact of COVID-19 on the Market

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Published on 03/29/2022| Code: MAR41115D| Category: Information Technology| Total Pages: 106

Machine translation (MT) is automated translation. It is the process by which computer software is used to translate a text from one natural language (such as English) to another (such as Spanish).

The Machine Translation (MT) market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Machine Translation (MT) market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Machine Translation (MT) Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Machine Translation (MT) market are:

Raytheon BBN Technologies
Lingo24 Ltd.
TransPerfect
Google Inc.
Lighthouse IP Group
AppTek
Tencent
NetEase Youdao
Venga Global
Lionbridge Technologies Inc.
Honyaku Center Inc.
Sogou
Lingotek Inc.
SYSTRAN
Lucy Software and Services GmbH
PROMT Ltd.
Baidu
International Business Machines Corporation (IBM)
SDL Plc.
Moravia IT (RWS)
Pangeanic
Welocalize Inc.
Cloudwords Inc.
Asia Online Pte Ltd. (Omniscien Technologies)
Lionbridge Technologies, Inc.
Microsoft Corporation
Smart Communications

Most important types of Machine Translation (MT) products covered in this report are:

Rule-Based Machine Translation (RBMT)
Statistical Machine Translation (SMT)
Others

Most widely used downstream fields of Machine Translation (MT) market covered in this report are:

Automotive
Military & Defense
Electronics
Finance
Healthcare
E-discovery
Ecommerce

Major Regions or countries covered in this report:

North America

Europe

China

Japan

Middle East and Africa

South America

India

South Korea

Southeast Asia

Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years: 2016-2020

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2021-2026

Table of Content

1 Machine Translation (MT) Introduction and Market Overview

1.1 Objectives of the Study

1.2 Overview of Machine Translation (MT)

1.3 Machine Translation (MT) Market Scope and Market Size Estimation

1.3.1 Market Concentration Ratio and Market Maturity Analysis

1.3.2 Global Machine Translation (MT) Revenue and Growth Rate from 2016-2026

1.4 Market Segmentation

1.4.1 Types of Machine Translation (MT)

1.4.2 Applications of Machine Translation (MT)

1.4.3 Research Regions

1.5 Market Dynamics

1.5.1 Machine Translation (MT) Industry Trends

1.5.2 Machine Translation (MT) Drivers

1.5.3 Machine Translation (MT) Market Challenges

1.5.4 Machine Translation (MT) 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 Machine Translation (MT) Industry Development Trends under COVID-19 Outbreak

1.8.1 Global COVID-19 Status Overview

1.8.2 Influence of COVID-19 Outbreak on Machine Translation (MT) Industry Development

2 Industry Chain Analysis

2.1 Upstream Raw Material Supply and Demand Analysis

2.1.1 Global Machine Translation (MT) Major Upstream Raw Material and Suppliers

2.1.2 Raw Material Source Analysis

2.2 Major Players of Machine Translation (MT)

2.2.1 Major Players Manufacturing Base of Machine Translation (MT) in 2020

2.2.2 Major Players Market Distribution in 2020

2.3 Machine Translation (MT) Manufacturing Cost Structure Analysis

2.3.1 Production Process Analysis

2.3.2 Manufacturing Cost Structure of Machine Translation (MT)

2.3.3 Labor Cost of Machine Translation (MT)

2.4 Market Channel Analysis of Machine Translation (MT)

2.5 Major Down Stream Customers by Application

3 Global Machine Translation (MT) Market, by Type

3.1 Global Machine Translation (MT) Revenue and Market Share by Type (2016-2021)

3.2 Global Machine Translation (MT) Production and Market Share by Type (2016-2021)

3.3 Global Machine Translation (MT) Revenue and Growth Rate by Type (2016-2021)

3.3.1 Global Machine Translation (MT) Revenue and Growth Rate of Rule-Based Machine Translation (RBMT)
3.3.2 Global Machine Translation (MT) Revenue and Growth Rate of Statistical Machine Translation (SMT)
3.3.3 Global Machine Translation (MT) Revenue and Growth Rate of Others
3.4 Global Machine Translation (MT) Price Analysis by Type (2016-2021)

3.4.1 Explanation of Different Type Product Price Trends

4 Machine Translation (MT) Market, by Application

4.1 Downstream Market Overview

4.2 Global Machine Translation (MT) Consumption and Market Share by Application (2016-2021)

4.3 Global Machine Translation (MT) Consumption and Growth Rate by Application (2016-2021)

4.3.1 Global Machine Translation (MT) Consumption and Growth Rate of Automotive (2016-2021)
4.3.2 Global Machine Translation (MT) Consumption and Growth Rate of Military & Defense (2016-2021)
4.3.3 Global Machine Translation (MT) Consumption and Growth Rate of Electronics (2016-2021)
4.3.4 Global Machine Translation (MT) Consumption and Growth Rate of Finance (2016-2021)
4.3.5 Global Machine Translation (MT) Consumption and Growth Rate of Healthcare (2016-2021)
4.3.6 Global Machine Translation (MT) Consumption and Growth Rate of E-discovery (2016-2021)
4.3.7 Global Machine Translation (MT) Consumption and Growth Rate of Ecommerce (2016-2021)

5 Global Machine Translation (MT) Consumption, Revenue ($) by Region (2016-2021)

5.1 Global Machine Translation (MT) Revenue and Market Share by Region (2016-2021)

5.2 Global Machine Translation (MT) Consumption and Market Share by Region (2016-2021)

5.3 Global Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.4 North America Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.4.1 North America Machine Translation (MT) Market Under COVID-19

5.4.2 North America Machine Translation (MT) SWOT Analysis

5.5 Europe Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.5.1 Europe Machine Translation (MT) Market Under COVID-19

5.5.2 Europe Machine Translation (MT) SWOT Analysis

5.6 China Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.6.1 China Machine Translation (MT) Market Under COVID-19

5.6.2 China Machine Translation (MT) SWOT Analysis

5.7 Japan Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.7.1 Japan Machine Translation (MT) Market Under COVID-19

5.7.2 Japan Machine Translation (MT) SWOT Analysis

5.8 Middle East and Africa Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.8.1 Middle East and Africa Machine Translation (MT) Market Under COVID-19

5.8.2 Middle East and Africa Machine Translation (MT) SWOT Analysis

5.9 India Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.9.1 India Machine Translation (MT) Market Under COVID-19

5.9.2 India Machine Translation (MT) SWOT Analysis

5.10 South America Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.10.1 South America Machine Translation (MT) Market Under COVID-19

5.10.2 South America Machine Translation (MT) SWOT Analysis

5.11 South Korea Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.11.1 South Korea Machine Translation (MT) Market Under COVID-19

5.11.2 South Korea Machine Translation (MT) SWOT Analysis

5.12 Southeast Asia Machine Translation (MT) Consumption, Revenue, Price and Gross Margin (2016-2021)

5.12.1 Southeast Asia Machine Translation (MT) Market Under COVID-19

5.12.2 Southeast Asia Machine Translation (MT) SWOT Analysis

6 Global Machine Translation (MT) Production by Top Regions (2016-2021)

6.1 Global Machine Translation (MT) Production by Top Regions (2016-2021)

6.2 North America Machine Translation (MT) Production and Growth Rate

6.3 Europe Machine Translation (MT) Production and Growth Rate

6.4 China Machine Translation (MT) Production and Growth Rate

6.5 Japan Machine Translation (MT) Production and Growth Rate

6.6 India Machine Translation (MT) Production and Growth Rate

7 Global Machine Translation (MT) Consumption by Regions (2016-2021)

7.1 Global Machine Translation (MT) Consumption by Regions (2016-2021)

7.2 North America Machine Translation (MT) Consumption and Growth Rate

7.3 Europe Machine Translation (MT) Consumption and Growth Rate

7.4 China Machine Translation (MT) Consumption and Growth Rate

7.5 Japan Machine Translation (MT) Consumption and Growth Rate

7.6 Middle East & Africa Machine Translation (MT) Consumption and Growth Rate

7.7 India Machine Translation (MT) Consumption and Growth Rate

7.8 South America Machine Translation (MT) Consumption and Growth Rate

7.9 South Korea Machine Translation (MT) Consumption and Growth Rate

7.10 Southeast Asia Machine Translation (MT) Consumption and Growth Rate

8 Competitive Landscape

8.1 Competitive Profile

8.2 Raytheon BBN Technologies Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Machine Translation (MT) Product Profiles, Application and Specification
8.2.3 Raytheon BBN Technologies 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 Lingo24 Ltd. Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Machine Translation (MT) Product Profiles, Application and Specification
8.3.3 Lingo24 Ltd. 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 TransPerfect Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Machine Translation (MT) Product Profiles, Application and Specification
8.4.3 TransPerfect 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 Google Inc. Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Machine Translation (MT) Product Profiles, Application and Specification
8.5.3 Google Inc. 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 Lighthouse IP Group Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Machine Translation (MT) Product Profiles, Application and Specification
8.6.3 Lighthouse IP Group 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 AppTek Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Machine Translation (MT) Product Profiles, Application and Specification
8.7.3 AppTek 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 Tencent Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Machine Translation (MT) Product Profiles, Application and Specification
8.8.3 Tencent 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 NetEase Youdao Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Machine Translation (MT) Product Profiles, Application and Specification
8.9.3 NetEase Youdao 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 Venga Global Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Machine Translation (MT) Product Profiles, Application and Specification
8.10.3 Venga Global 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 Lionbridge Technologies Inc. Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Machine Translation (MT) Product Profiles, Application and Specification
8.11.3 Lionbridge Technologies Inc. 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 Honyaku Center Inc. Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Machine Translation (MT) Product Profiles, Application and Specification
8.12.3 Honyaku Center 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 Sogou Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Machine Translation (MT) Product Profiles, Application and Specification
8.13.3 Sogou 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 Lingotek Inc. Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Machine Translation (MT) Product Profiles, Application and Specification
8.14.3 Lingotek Inc. 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 SYSTRAN Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Machine Translation (MT) Product Profiles, Application and Specification
8.15.3 SYSTRAN 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 Lucy Software and Services GmbH Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Machine Translation (MT) Product Profiles, Application and Specification
8.16.3 Lucy Software and Services GmbH 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 PROMT Ltd. Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Machine Translation (MT) Product Profiles, Application and Specification
8.17.3 PROMT Ltd. 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 Baidu Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Machine Translation (MT) Product Profiles, Application and Specification
8.18.3 Baidu 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 International Business Machines Corporation (IBM) Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Machine Translation (MT) Product Profiles, Application and Specification
8.19.3 International Business Machines Corporation (IBM) 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 SDL Plc. Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Machine Translation (MT) Product Profiles, Application and Specification
8.20.3 SDL Plc. 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 Moravia IT (RWS) Market Performance Analysis
8.21.1 Company Profiles
8.21.2 Machine Translation (MT) Product Profiles, Application and Specification
8.21.3 Moravia IT (RWS) 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 Pangeanic Market Performance Analysis
8.22.1 Company Profiles
8.22.2 Machine Translation (MT) Product Profiles, Application and Specification
8.22.3 Pangeanic 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 Welocalize Inc. Market Performance Analysis
8.23.1 Company Profiles
8.23.2 Machine Translation (MT) Product Profiles, Application and Specification
8.23.3 Welocalize Inc. 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 Cloudwords Inc. Market Performance Analysis
8.24.1 Company Profiles
8.24.2 Machine Translation (MT) Product Profiles, Application and Specification
8.24.3 Cloudwords 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 Asia Online Pte Ltd. (Omniscien Technologies) Market Performance Analysis
8.25.1 Company Profiles
8.25.2 Machine Translation (MT) Product Profiles, Application and Specification
8.25.3 Asia Online Pte Ltd. (Omniscien Technologies) 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 Lionbridge Technologies, Inc. Market Performance Analysis
8.26.1 Company Profiles
8.26.2 Machine Translation (MT) Product Profiles, Application and Specification
8.26.3 Lionbridge Technologies, Inc. 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
8.27 Microsoft Corporation Market Performance Analysis
8.27.1 Company Profiles
8.27.2 Machine Translation (MT) Product Profiles, Application and Specification
8.27.3 Microsoft Corporation Sales, Revenue, Price, Gross Margin 2016-2021
8.27.4 Company Recent Development
8.27.5 Strategies for Company to Deal with the Impact of COVID-19
8.28 Smart Communications Market Performance Analysis
8.28.1 Company Profiles
8.28.2 Machine Translation (MT) Product Profiles, Application and Specification
8.28.3 Smart Communications Sales, Revenue, Price, Gross Margin 2016-2021
8.28.4 Company Recent Development
8.28.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Machine Translation (MT) Market Analysis and Forecast by Type and Application

9.1 Global Machine Translation (MT) Market Revenue & Volume Forecast, by Type (2021-2026)

9.1.1 Rule-Based Machine Translation (RBMT) Market Revenue and Volume Forecast (2021-2026)
9.1.2 Statistical Machine Translation (SMT) Market Revenue and Volume Forecast (2021-2026)
9.1.3 Others Market Revenue and Volume Forecast (2021-2026)
9.2 Global Machine Translation (MT) Market Revenue & Volume Forecast, by Application (2021-2026)

9.2.1 Automotive Market Revenue and Volume Forecast (2021-2026)
9.2.2 Military & Defense Market Revenue and Volume Forecast (2021-2026)
9.2.3 Electronics Market Revenue and Volume Forecast (2021-2026)
9.2.4 Finance Market Revenue and Volume Forecast (2021-2026)
9.2.5 Healthcare Market Revenue and Volume Forecast (2021-2026)
9.2.6 E-discovery Market Revenue and Volume Forecast (2021-2026)
9.2.7 Ecommerce Market Revenue and Volume Forecast (2021-2026)

10 Machine Translation (MT) 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 Machine Translation (MT) 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

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