Latest news with #TransPerfect
Yahoo
3 days ago
- Business
- Yahoo
TransPerfect Launches New App for Mobile Interpretation
Supports Intuitive Access to a Phone or Video Interpreter in Seconds NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- TransPerfect, the world's largest provider of language and AI solutions for global business, today announced it has launched the TransPerfect Interpretation App, enabling users to connect to a live, expertly trained video or phone interpreter in seconds. Available on the web, iOS, Android, and Microsoft devices, the app makes accessing over-the-phone interpretation and video remote interpretation simple and fast. It supports 200+ languages, including American Sign Language, enabling users across multiple industries to quickly and effectively respond to customer needs. It's ideal for hospitals, medical and benefit providers, financial branches, legal, retail stores, first responders, and others in any situation where customer interactions happen outside of a contact center. 'This app marks a significant leap forward in making interpretation services more accessible and easier to use,' commented TransPerfect Connect Vice President Steven Cheeseman. 'With on-demand access to professional interpreters, we're empowering organizations to overcome language barriers in real time. It's fast, intuitive, and purpose-built to support the critical work our clients perform every day.' To use the app, simply select a language from the menu and tap to choose audio or video interpretation. If a video interpreter is not available, the call will automatically route to an audio interpreter. Available to all existing TransPerfect customers, the app enables users to: Capture necessary data (account numbers, claim numbers, medical record numbers, etc.) Adjust the audio, mute lines, turn video on and off Add additional parties regardless of whether they have the application installed Capture user satisfaction at the end of every call (customizable by client) TransPerfect President and Co-CEO Phil Shawe stated, 'TransPerfect customers now have easy access to a live interpreter—wherever, whenever, and in any language.' To learn more about the launch, visit or email us at mobileinterp@ About TransPerfect ConnectTransPerfect Connect is a leading provider of global call center services, business process outsourcing (BPO), and remote interpreting solutions including over-the-phone interpretation (OPI), video remote interpretation, and multilingual email and chat support. With services in over 200 languages and industry-specialized interpreters screened for subject expertise, TransPerfect Connect enables businesses to bridge communication gaps in seconds. TransPerfect Connect is a division of TransPerfect, the world's leading provider of language and AI solutions for global business. For more information, please visit About TransPerfectTransPerfect is the world's largest provider of language and AI solutions for global business. From offices in over 140 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect's GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at Contact: Ryan Simper +1 212.689.5555mediainquiry@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
TransPerfect Launches New App for Mobile Interpretation
Supports Intuitive Access to a Phone or Video Interpreter in Seconds NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- TransPerfect, the world's largest provider of language and AI solutions for global business, today announced it has launched the TransPerfect Interpretation App, enabling users to connect to a live, expertly trained video or phone interpreter in seconds. Available on the web, iOS, Android, and Microsoft devices, the app makes accessing over-the-phone interpretation and video remote interpretation simple and fast. It supports 200+ languages, including American Sign Language, enabling users across multiple industries to quickly and effectively respond to customer needs. It's ideal for hospitals, medical and benefit providers, financial branches, legal, retail stores, first responders, and others in any situation where customer interactions happen outside of a contact center. 'This app marks a significant leap forward in making interpretation services more accessible and easier to use,' commented TransPerfect Connect Vice President Steven Cheeseman. 'With on-demand access to professional interpreters, we're empowering organizations to overcome language barriers in real time. It's fast, intuitive, and purpose-built to support the critical work our clients perform every day.' To use the app, simply select a language from the menu and tap to choose audio or video interpretation. If a video interpreter is not available, the call will automatically route to an audio interpreter. Available to all existing TransPerfect customers, the app enables users to: Capture necessary data (account numbers, claim numbers, medical record numbers, etc.) Adjust the audio, mute lines, turn video on and off Add additional parties regardless of whether they have the application installed Capture user satisfaction at the end of every call (customizable by client) TransPerfect President and Co-CEO Phil Shawe stated, 'TransPerfect customers now have easy access to a live interpreter—wherever, whenever, and in any language.' To learn more about the launch, visit or email us at mobileinterp@ About TransPerfect ConnectTransPerfect Connect is a leading provider of global call center services, business process outsourcing (BPO), and remote interpreting solutions including over-the-phone interpretation (OPI), video remote interpretation, and multilingual email and chat support. With services in over 200 languages and industry-specialized interpreters screened for subject expertise, TransPerfect Connect enables businesses to bridge communication gaps in seconds. TransPerfect Connect is a division of TransPerfect, the world's leading provider of language and AI solutions for global business. For more information, please visit About TransPerfectTransPerfect is the world's largest provider of language and AI solutions for global business. From offices in over 140 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect's GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at Contact: Ryan Simper +1 212.689.5555mediainquiry@ in to access your portfolio
Associated Press
19-05-2025
- Business
- Associated Press
Language Services Market Outlook & Global Forecast Report 2025-2030, Competitive Analysis of Key Vendors - Iyuno, LanguageLine Solutions, Lionbridge Technologies, RWS, TransPerfect, Welocalize
DUBLIN--(BUSINESS WIRE)--May 19, 2025-- The 'Language Services Market - Global Outlook & Forecast 2025-2030" report has been added to offering. The Language Services Market was valued at USD 53.91 billion in 2024, and is projected to reach USD 72.18 billion by 2030, rising at a CAGR of 4.98%. The global language services market is a highly fragmented and competitive industry due to the presence of various players. The language services market is primarily shaped by large multinational language service providers and mid-sized regional firms, each competing on different aspects such as pricing, technology integration, service quality, and industry expertise. The global language services market is led by a few major global players such as TransPerfect, Lionbridge Technologies, RWS, LanguageLine Solutions, Iyuno, and others which leverage economies of scale, extensive linguistic networks, and proprietary technology to maintain their competitive edge. These companies have made significant investments in AI, machine translation, and automation to improve efficiency and reduce costs. Mid-sized players, including Seprotec Multilingual Solutions, provide a balance between scalability and personalized service, often differentiating themselves through industry specialization or strong regional presence. APAC holds the most significant share of the global language services market, accounting for over 45% in 2024. In APAC, rapid economic growth, increased cross-border trade, and digital expansion have created immense opportunities for translation and localization, particularly in China, Japan, India, and South Korea. China's stringent regulatory landscape requires specialized linguistic services, while India's booming IT and media industries fuel localization needs. Furthermore, in North America, particularly the U.S. and Canada, the language services market is driven by a high demand for translation, localization, and interpretation services due to the region's multicultural population and globalized business environment. Europe follows closely, remaining one of the most mature language service markets. Countries like Germany, France, the UK, and Spain play a significant role, with the European Union's multilingual policies and regulatory requirements fueling demand for high-quality translations across legal, financial, and public sectors. While Western Europe is home to well-established Language Service Providers, Eastern European nations such as Poland have become key outsourcing hubs, offering cost-effective solutions and access to a strong talent pool. Meanwhile, Latin America is experiencing steady growth due to expanding e-commerce, media content consumption, and trade agreements with global partners. Brazil and Mexico are key players in the region's language service market, with a growing demand for Spanish and Portuguese translations, particularly in legal, financial, and entertainment industries. The Middle East and Africa region presents unique challenges and opportunities, with Arabic being a dominant language in business, government, and media, while Africa's linguistic diversity drives demand for translation in sectors like education, health, and NGOs. The UAE and Saudi Arabia are hotspots for legal and business translations due to international investments and tourism, while South Africa serves as a strategic hub for African language services. MARKET TRENDS & OPPORTUNITIES Rise of AI and Machine Translation AI translation technology has been a game-changer in the language services market for years, with advancements making a significant impact on translation quality, speed, and cost-effectiveness. This revolution continues to reshape the industry due to the power of Neural Machine Translation (NMT), which enhances translation accuracy and fluency. By combining the efficiency of AI with the contextual understanding of human experts, translation services now offer a balance of speed, precision, and reliability. Language service providers are collaborating with AI developers to create AI-powered localization and automation tools. This improves speed and reduces costs while maintaining quality. For instance, in October 2024, RWS expanded its collaboration with AWS through a multi-year Strategic Collaboration Agreement to develop generative AI-powered language and content solutions. This partnership aims to enhance efficiency in content creation, translation, and delivery. RWS is already working with AWS on 25 new product features and proofs of concept. By providing innovative solutions, these companies can improve client retention and satisfaction. Rising Use of Social Media & Online Content Social media localization tailors content to fit the cultural, linguistic, and regional preferences of target audiences. It goes beyond translation, focusing on cultural nuances, local trends, and audience behaviors. This approach can boost brand engagement, with 72% of engagement occurring on localized web pages. Localizing content helps make messages more relatable, increasing effectiveness and driving action. In addition, nearly 50% of millennials prefer influencer recommendations over traditional ads. Translating social media content leverages this influence and helps create a culturally relevant experience, fostering stronger, lasting connections with a global audience. As of October 2024, there were 5.22 billion social media users, making up 63.8% of the global population. With the emergence of social media platforms such as Facebook, Twitter, Instagram, LinkedIn, and TikTok, businesses and content creators can connect with audiences in different parts of the world. These platforms facilitate the creation and distribution of content on an unprecedented scale, thus generating demand for language services to ensure this content reaches its global audience and supports the language services market growth. INDUSTRY RESTRAINTS Shortage of Skilled Linguists The shortage of skilled linguists is a growing issue that has profound implications for industries ranging from government services to private companies, academia, and the broader global communication landscape. The demand for qualified linguists has surged in recent years, driven by globalization, technological advancements, and the increasing need for cross-cultural communication. This shortage is particularly pronounced in fields that require specific linguistic expertise, such as translation for legal, medical, and diplomatic contexts, as well as in emerging fields like machine learning and AI language development. In 2024, in India, the National Institute for Career Service (NICS) published a report, as per an international report, there would be a requirement of more than 1.6 million foreign language experts in the coming two decades. As businesses, governments, and individuals become more interconnected internationally, India could experience a heightened need for translation, interpretation, and linguistic consulting services across various languages. This would drive growth in the language services market as companies and organizations seek to bridge communication gaps, particularly in emerging markets. Recent Developments in the Global Language Services Market Key Attributes: Premium Insights Market Overview Market Opportunities & Trends Market Growth Enablers Market Restraints Key Company Profiles Other Prominent Vendors For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/19/2025 08:17 AM/DISC: 05/19/2025 08:16 AM
Yahoo
15-05-2025
- Business
- Yahoo
$72.18 Bn Language Services Market Outlook, 2025-2030: Rise of AI and Machine Translation, Increased Demand for Multilingual Content, and Mergers & Acquisitions in Language Service
The global language services market is a highly fragmented and competitive industry due to the presence of various players. The language services market is primarily shaped by large multinational language service providers and mid-sized regional firms, each competing on different aspects such as pricing, technology integration, service quality, and industry expertise. Language Services Market Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "Language Services Market - Global Outlook & Forecast 2025-2030" report has been added to Language Services Market was valued at USD 53.91 billion in 2024, and is projected to reach USD 72.18 billion by 2030, rising at a CAGR of 4.98%The global language services market is led by a few major global players such as TransPerfect, Lionbridge Technologies, RWS, LangaugeLine Solutions, Iyuno, and others which leverage economies of scale, extensive linguistic networks, and proprietary technology to maintain their competitive edge. These companies have made significant investments in AI, machine translation, and automation to improve efficiency and reduce costs. Mid-sized players, including Seprotec Multilingual Solutions, provide a balance between scalability and personalized service, often differentiating themselves through industry specialization or strong regional holds the most significant share of the global language services market, accounting for over 45% in 2024. In APAC, rapid economic growth, increased cross-border trade, and digital expansion have created immense opportunities for translation and localization, particularly in China, Japan, India, and South Korea. China's stringent regulatory landscape requires specialized linguistic services, while India's booming IT and media industries fuel localization needs. Furthermore, in North America, particularly the U.S. and Canada, the language services market is driven by a high demand for translation, localization, and interpretation services due to the region's multicultural population and globalized business environment. Europe follows closely, remaining one of the most mature language service markets. Countries like Germany, France, the UK, and Spain play a significant role, with the European Union's multilingual policies and regulatory requirements fueling demand for high-quality translations across legal, financial, and public sectors. While Western Europe is home to well-established Language Service Providers, Eastern European nations such as Poland have become key outsourcing hubs, offering cost-effective solutions and access to a strong talent Latin America is experiencing steady growth due to expanding e-commerce, media content consumption, and trade agreements with global partners. Brazil and Mexico are key players in the region's language service market, with a growing demand for Spanish and Portuguese translations, particularly in legal, financial, and entertainment industries. The Middle East and Africa region presents unique challenges and opportunities, with Arabic being a dominant language in business, government, and media, while Africa's linguistic diversity drives demand for translation in sectors like education, health, and NGOs. The UAE and Saudi Arabia are hotspots for legal and business translations due to international investments and tourism, while South Africa serves as a strategic hub for African language services. MARKET TRENDS & OPPORTUNITIES Rise of AI and Machine TranslationAI translation technology has been a game-changer in the language services market for years, with advancements making a significant impact on translation quality, speed, and cost-effectiveness. This revolution continues to reshape the industry due to the power of Neural Machine Translation (NMT), which enhances translation accuracy and fluency. By combining the efficiency of AI with the contextual understanding of human experts, translation services now offer a balance of speed, precision, and service providers are collaborating with AI developers to create AI-powered localization and automation tools. This improves speed and reduces costs while maintaining quality. For instance, in October 2024, RWS expanded its collaboration with AWS through a multi-year Strategic Collaboration Agreement to develop generative AI-powered language and content solutions. This partnership aims to enhance efficiency in content creation, translation, and delivery. RWS is already working with AWS on 25 new product features and proofs of concept. By providing innovative solutions, these companies can improve client retention and Use of Social Media & Online ContentSocial media localization tailors content to fit the cultural, linguistic, and regional preferences of target audiences. It goes beyond translation, focusing on cultural nuances, local trends, and audience behaviors. This approach can boost brand engagement, with 72% of engagement occurring on localized web pages. Localizing content helps make messages more relatable, increasing effectiveness and driving action. In addition, nearly 50% of millennials prefer influencer recommendations over traditional ads. Translating social media content leverages this influence and helps create a culturally relevant experience, fostering stronger, lasting connections with a global of October 2024, there were 5.22 billion social media users, making up 63.8% of the global population. With the emergence of social media platforms such as Facebook, Twitter, Instagram, LinkedIn, and TikTok, businesses and content creators can connect with audiences in different parts of the world. These platforms facilitate the creation and distribution of content on an unprecedented scale, thus generating demand for language services to ensure this content reaches its global audience and supports the language services market RESTRAINTS Shortage of Skilled LinguistsThe shortage of skilled linguists is a growing issue that has profound implications for industries ranging from government services to private companies, academia, and the broader global communication landscape. The demand for qualified linguists has surged in recent years, driven by globalization, technological advancements, and the increasing need for cross-cultural communication. This shortage is particularly pronounced in fields that require specific linguistic expertise, such as translation for legal, medical, and diplomatic contexts, as well as in emerging fields like machine learning and AI language 2024, in India, the National Institute for Career Service (NICS) published a report, as per an international report, there would be a requirement of more than 1.6 million foreign language experts in the coming two decades. As businesses, governments, and individuals become more interconnected internationally, India could experience a heightened need for translation, interpretation, and linguistic consulting services across various languages. This would drive growth in the language services market as companies and organizations seek to bridge communication gaps, particularly in emerging Developments in the Global Language Services Market In January 2025, Onvida Health partnered with AMN Language Services to enhance patient care with seamless language access solutions like VRI and OPI. This collaboration boosts trust, efficiency, and market leadership, ensuring exceptional healthcare for diverse communities. In July 2024, GLOBO, one of the providers of interpreting and translation services, is now integrated into Epic's Toolbox, enabling clinicians to access on-demand interpretation services for over 430 languages. This integration aims to improve healthcare for the 68 million people in the U.S. with limited English proficiency (LEP), addressing language barriers that often lead to poorer health outcomes. The company can tap into a wide variety of healthcare settings, increasing its service usage and, consequently, its revenue. In June 2024, Acolad partnered with DeepL to enhance AI-driven language solutions, combining market expertise with advanced AI and LLM technology. The collaboration focuses on tech integration, AI adoption, and expert-in-the-loop services, driving innovation in machine translation and automated content creation. In April 2024, TransPerfect acquired South Africa-based Content Lab to expand its media services in Africa, strengthening its audiovisual localization capabilities. Renamed TransPerfect Media South Africa, it enhances the company's regional presence alongside offices in Nigeria, Kenya, and Morocco. In January 2024, Iyuno acquired Unidub Brazil, strengthening its presence in South America's dubbing industry. Unidub, led by CEO Wendel Bezerra, serves major entertainment clients with top-tier dubbing and localization services. This move enhances Iyuno's global reach and commitment to high-quality media localization. Key Attributes: Report Attribute Details No. of Pages 365 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $53.91 Billion Forecasted Market Value (USD) by 2030 $72.18 Billion Compound Annual Growth Rate 4.9% Regions Covered Global Premium Insights Opportunity Pockets Market Definition Report Overview Segment Analysis Opportunities & Challenge Analysis Regional Analysis Competitive Landscape Recent Development Key Questions Answered in the Report Market Overview Hyper-Personalization Increased Demand for Website Localisation Key Development in Language Services Market Market Opportunities & Trends Rise of AI and Machine Translation Increased Demand for Multilingual Content Mergers & Acquisitions in Language Service Market Growth Enablers Growth in Globalization Regulatory Compliance and Legal Considerations Rise in Use of Social Media & Online Content Growth in E-Learning Platforms Market Restraints Shortage of Skilled Linguists Rise in Inflation and Economic Uncertainties Key Company Profiles Iyuno LanguageLine Solutions Lionbridge Technologies, LLC RWS TransPerfect Welocalize, Inc Other Prominent Vendors 360 Smart Lingo Acolad AMN Healthcare AfroLingo Al Syed Legal Translation Alpha Omega Translations Andovar Argo Translation, Inc Argos Multilingual Art One Translations Atlas Language Service, Inc BABEL BIG Language Solutions LLC BLEND BTS Traducoes CABI Interpretes y Traductores CCJK Cultures Connection CyraCom International, Inc DAILYTRANSLATE DutchTrans EasyTranslate ELAN Languages FILOSE - Fidel Localization Services GB Translation Global Lingo Global Talk Globibo GLOBO GTE Localize GTS Translation Services Hogarth Hispano Language Advisory Honyaku Center Inc JK Translate JURILINGUA KERN Global Language Services Keywords Studios Limited Landoor Langpros Translation Services LanguageWire Lexiwords LingPerfect Translations, Inc LinguaShine LocaTran Translations Ltd. locnapps Mexidiom Translations Milestone Localization MotionPoint Corporation Overseas Translations Prolingua Translations Propio Language Services PTSGI,Inc Questel Renaissance Translations Ltd Saudi Language Services SEAtongue seprotec Shakti Enterprise Shenzhen Xinyu Smart Technology Co., Ltd. Somya Translators Pvt. Ltd. Soror Language Services Speakt STAR Group Stepes Sylaba Translations Thebigword Traducta Italy S.R.L. Tradupla Translation AZ TridIndia Unbabel Inc. United Language Group Valiant Integrated Services VISTATEC VSI Whizwordz International Pte Ltd Win & Winnow Language Services Word Perfect Translations ZircoDATA For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Language Services Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
12-05-2025
- Business
- Yahoo
TransPerfect Named Official Partner of the Cannes Film Festival
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- TransPerfect, the world's largest provider of language and AI solutions for global business, today announced that it has been named an official partner of the 2025 Cannes Film Festival. TransPerfect Media, the media and entertainment division of TransPerfect, is joining clients and collaborators from around the world at this year's festival to celebrate excellence in global cinema. TransPerfect Media, together with its recently acquired studio MPC Paris, played a key role in supporting several featured films through a range of services, including visual effects, post-production, and localization. In celebration of the company's growing creative production footprint, TransPerfect will host several events throughout the festival to welcome new team members from MPC Paris. The Emmy Award-winning creative studio, renowned for its world-class visual effects and animation, now brings its expertise and industry-leading creative talent as a division of TransPerfect Media. Phil Shawe, President and Co-CEO of TransPerfect, commented, 'It's an honor for TransPerfect to be recognized as an official partner of the Cannes Film Festival. We're proud to support filmmakers in sharing their stories with international audiences, and excited to welcome MPC Paris to the TransPerfect family as partners in this effort.' The 2025 Cannes Film Festival will take place May 13–24. About the Cannes Film FestivalThe Cannes Film Festival is one of the most prestigious and internationally recognized events in the film industry. Held annually in Cannes, France, the festival showcases new films from around the world across a range of genres. Since its founding in 1946, Cannes has become synonymous with cinematic excellence, industry networking, and celebrated honors such as the Palme d'Or for best film. For more information, visit About TransPerfect MediaTransPerfect Media elevates storytelling for audiences around the world with media creation and globalization solutions delivered through a network of company-owned and operated studios in 21 countries. TransPerfect Media's hybrid model combines cutting-edge AI technology with creative expertise, all managed in its cloud-based content creation platform, enabling easy localization and distribution. By combining high-level talent with Dolby Atmos and Dolby HDR projection capabilities, as well as services that include image and sound post-production, subtitling, dubbing, accessibility, voiceover, multi-platform delivery, preservation, and restoration, TransPerfect Media is where boutique expertise meets global scale and excellence to help you tell your story—in any language. To find out more, visit About TransPerfectTransPerfect is the world's largest provider of language services and AI solutions for global business. From offices in over 140 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect's GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit Contact: Ryan Simper +1 212.689.5555mediainquiry@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
