Market size of the global language services industry 2009-2022
With the world becoming increasingly interconnected, the global language services market has seen rapid growth. Over the last ten years the market has doubled in size, reaching 49.6 billion U.S. dollars in 2019.
According to a projection published at the end of 2020, the language services industry was expected to suffer slightly due to the COVID-19 pandemic. The market size in 2020 was forecast to reach almost 52 billion U.S. dollars and keep growing further throughout 2021 and 2022.
