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Language services industry in the U.S. - Statistics & Facts

The global language services industry was worth approximately 46.9 billion U.S. dollars in 2019. Over the next two years it was forecasted to experience a growth of five billion U.S. dollars, reaching 56 billion in 2021. When looking at the differences across the markets globally, almost half of the language services market was accounted for by Europe. North America was the second largest market at 39.41 percent, with a market size of about 21.8 billion U.S. dollars in 2018.

The U.S. company, Transperfect is one of the leading language services provider (LSP) in the world. Transperfect, located in New York, which offers services including translation, global content management and online marketing, generated revenue of 765 million U.S. dollars in 2019 – an increase of 60 million since 2018. The second-largest service provider was Lionbridge Technologies, located in the state of Massachussets, which reported a worldwide revenue of 705 million U.S. dollars, followed by SDL, located in the United Kingdom.

In the United States, there were nearly 59,000 individuals working in interpreting and translation services in 2019. The state of California had the largest number of people working in this area followed by Texas and Florida. The most lucrative state to work in this field was the state of Virgina, where interpreters and translators could expect an annual mean wage of 75,770 U.S. dollars.

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Language service providers

Employment in the U.S.

English language students

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Language services in the U.S.

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Language services industry in the U.S. - Statistics & Facts

The global language services industry was worth approximately 46.9 billion U.S. dollars in 2019. Over the next two years it was forecasted to experience a growth of five billion U.S. dollars, reaching 56 billion in 2021. When looking at the differences across the markets globally, almost half of the language services market was accounted for by Europe. North America was the second largest market at 39.41 percent, with a market size of about 21.8 billion U.S. dollars in 2018.

The U.S. company, Transperfect is one of the leading language services provider (LSP) in the world. Transperfect, located in New York, which offers services including translation, global content management and online marketing, generated revenue of 765 million U.S. dollars in 2019 – an increase of 60 million since 2018. The second-largest service provider was Lionbridge Technologies, located in the state of Massachussets, which reported a worldwide revenue of 705 million U.S. dollars, followed by SDL, located in the United Kingdom.

In the United States, there were nearly 59,000 individuals working in interpreting and translation services in 2019. The state of California had the largest number of people working in this area followed by Texas and Florida. The most lucrative state to work in this field was the state of Virgina, where interpreters and translators could expect an annual mean wage of 75,770 U.S. dollars.

Interesting statistics

In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Language services industry in the U.S.".

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