Leading language service providers
The U.S. company, Transperfect is one of the leading language services provider (LSP) in the world. Located in New York, Transperfect, which offers language services including translation, global content management, and online marketing, generated a revenue of 852.5 million U.S. dollars in 2020 – a signicant increase compared to the previous year. The second-largest service provider was Lionbridge Technologies, located in the state of Massachussets, which reported a worldwide revenue of 739 million U.S. dollars, followed by LanguageLine Solutions, also located in the United States.
Employment in language services sector in the U.S.
As of 2020, approximately 57,000 individuals were employed in interpreting and translation services. The state of California had the largest number of people working in this sector, followed by Texas, and then Florida. The best state to work in this field in terms of salary, on the other hand, was the state of Virgina, where interpreters and translators could expect an annual mean wage of 79,440 U.S. dollars.
