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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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 November 21, 2024, from https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/
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 November 21, 2024. https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/
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: November 21, 2024. https://www.statista.com/statistics/257656/size-of-the-global-language-services-market/
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/
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/ (last visited November 21, 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/
