Language Service Industry

A study released by the Massachusetts-based Common Sense Advisory (an independent market research company), shows that the translation/interpreting service industry is on the rise:

  • The industry is growing at a rate of roughly 12% a year.
  • Europe is the leading market, with 49% of all language services; North America is in second with 35%. In third is Asia with about 13%.
  • The global market for language services is estimated at $35 billion in 2012, which is up from $29 billion in 2011.
  • Language services (translation or interpreting) are largely offered by small to medium-sized firms across the world.

For more information call ASIST Translation Services at 614-451-6744 or go to www.ASISTtranslations.com.
10 Most Requested Languages:
ASIST Translation Services  says the following are the most requested languages for interpreting

  1. Spanish
  2. Somali
  3. Arabic
  4. French
  5. Mandarin Chinese
  6. Cantonese
  7. Vietnamese
  8. American Sign Language (ASL)
  9. Russian
  10. Twi

 

 
 
 
*For more detail about the Common Sense Advisory study visit www.commonsenseadvisory.com.

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