The June 2014 report Language Services Market: 2014 also recognizes that Welocalize is the 4th largest provider in the US. This is the same position Welocalize held in the June 2013 CSA report.
We attribute Welocalize’s success as a top LSP to working closely with our clients as a trusted partner and helping them achieve their global market strategies and business goals. Fundamental to our partner approach is finding client-specific opportunities for continuous improvement and working collectively on exceeding expectations based on our 4 pillars: innovation, quality, teamwork and customer service.
CSA currently estimates that the overall market for translation and interpreting services and technology to be $37 Billion in 2014. They predict that the industry will continue to grow and that the market will increase to US$47 billion by 2018.
CSA also notes the four fastest-growing services in 2013 were translation, website globalization, software localization and on-site interpreting. Translation technology, desktop publishing, transcreation, MT post-editing, multimedia and mobile app localization round out the top 10 services areas based on reported revenues.
Common Sense Advisory is an independent market research company helping companies profitably grow their international businesses and gain access to new markets and new customers. Its focus is on assisting its clients to operationalize, benchmark, optimize, and innovate industry best practices in translation, localization, interpreting, globalization, and internationalization. http://www.commonsenseadvisory.com