Supporting a company to bring a product to market in another language is a detailed process. It’s not just a question of Googling ‘translation services near me’ and clicking on the first link that the search results throw out! What companies need translation services? Those that want to take advantage of the huge economic advantages that trading internationally can bring! Those companies need to know that they have access to the best translation services on the market, from legal translation to financial translation and everything in between. Indeed, figures from Statista show a projected increase in the market size of the global language services industry from US$49.6 billion in 2019 to between $54.8 billion and $57.7 billion in 2022.
This means that translation services (and interpretation services) will be in much demand over the course of the year ahead – and the decade. Globalisation will continue to mean that businesses can trade across international borders, enjoying all the commercial advantages associated with doing so. It was last updated in December 2021 **Ģ020 marked the start of a new decade, one in which technology will likely be more important and more advanced that it has ever been.
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