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.
Market size of the global language services industry from 2009 to 2019 with a projection until 2022
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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CSA Research, & ALC. (November 30, 2020). Market size of the global language services industry from 2009 to 2019 with a projection until 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 14, 2024, from https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/?ref=opportunityoverload.com
CSA Research, und ALC. "Market size of the global language services industry from 2009 to 2019 with a projection until 2022 (in billion U.S. dollars)." Chart. November 30, 2020. Statista. Accessed September 14, 2024. https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/?ref=opportunityoverload.com
CSA Research, ALC. (2020). Market size of the global language services industry from 2009 to 2019 with a projection until 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 14, 2024. https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/?ref=opportunityoverload.com
CSA Research, and ALC. "Market Size of The Global Language Services Industry from 2009 to 2019 with a Projection until 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Nov 2020, https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/?ref=opportunityoverload.com
CSA Research & ALC, Market size of the global language services industry from 2009 to 2019 with a projection until 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/?ref=opportunityoverload.com (last visited September 14, 2024)
Market size of the global language services industry from 2009 to 2019 with a projection until 2022 (in billion U.S. dollars) [Graph], CSA Research, & ALC, November 30, 2020. [Online]. Available: https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/?ref=opportunityoverload.com