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.