Machine Translation (MT) Market is expected to grow at a CAGR of 23.17% during the forecast period and market is expected to reach US$ 4.03 Bn. by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report An increasing the number of Internet users across the globe is one of the key drivers in the global machine translation (MT) market. The requirement for social interaction has increased demand for modernization in MT services. Globalization and integration of communication technology have formed opportunities for the provision of machine translation as a service. Growing smartphone penetration and improvement in communication infrastructure are expected to boost the growth in the global machine translation (MT) market. Statistical Machine Translation technology is expected to share a significant share in the global machine translation market. Cloud computing technology aids statistical machine translation to run in an effective manner, as it deals with high processing power and enhanced storage capacity to the computer. Additionally, this type of machine translation technology delivers numerous benefits over other MT technologies in positions of customizability, community collaboration, and resource requirement. The automotive segment is expected to contribute maximum share in the global machine translation (MT) market. In spite of continuous advancements in technology, automotive key players are considering MT as an area of differentiation. They are discovering new ways of delivering performance and implementing software, which can be updated regularly to enter normal usage in cars. The cloud segment is expected to grow at a xx% rate of CAGR in the global machine translation (MT) market in the forecast period. The rising importance of cloud computing has resulted in growing demand for cloud-based translation tools. Additionally, delivery of machine translation Software-as-a-Service over cloud offerings accommodated in data centers is expected to deliver considerable growth opportunities. North America is estimated to hold a dominant position in the global machine translation (MT) market. The dominant position in the market is attributed to the increasing adoption of technology based services in the region. Furthermore, the Asia-Pacific region is projected to be the leading region in the global machine translation (MT) market. The leading position in the region can be attributed to the rapid growth of overseas businesses, lucrative customer base, increasing number of high-net-worth individuals, growing income levels, and popularity of several languages. Some of the prominent key players are focusing on emerging advanced machine translation systems to meet rising consumer needs. For instance, Lilt Inc. company has launched an adaptive neural machine translation system to using real-time feedback loop and artificial Intelligence (AI) to enhance the productivity of a human translator. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global machine translation (MT) market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global machine translation (MT) market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Machine Translation (MT) Market Scope:Inquire before buying
Machine Translation (MT) Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 0.93 Bn. Forecast Period 2023 to 2029 CAGR: 23.17% Market Size in 2029: US $ 4.03 Bn. Segments Covered: by Technology Rule-Based Machine Translation(RBT) Statistical Machine Translation(SMT) Others by Deployment Type On-Premises Cloud by Application Automotive Military & Defense Electronics IT Healthcare Others Machine Translation (MT) Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Machine Translation (MT) Market, Key Players are
1. Lighthouse IP Group 2. Lingo24 Ltd. 3. Lingotek Inc. 4. Lionbridge Technologies Inc. 5. Lucy Software and Services GmbH 6. Moravia IT 7. Raytheon BBN Technologies 8. SDL PLC 9. Smart Communications 10. Systran International 11. Welocalize Inc. 12. Pangeanic 13. AppTek 14. Asia Online Pte Ltd. 15. Cloudwords Inc. 16. IBM Corporation 17. ProMT 18. Microsoft Corporation 19. Omniscien Technologies 20.Google LLC 21. Tencent Cloud TMT 22. Yandex.Cloud LLC 23. Baidu Frequently Asked Questions: 1. Which region has the largest share in Global Machine Translation (MT) Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global Market is growing at a CAGR of 23.17% during forecasting period 2023-2029. 3. What is scope of the Global market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – Lighthouse IP Group, Lingo24 Ltd., Lingotek Inc., Lionbridge Technologies Inc., Lucy Software and Services GmbH, Moravia IT, Raytheon BBN Technologies, SDL PLC, Smart Communications, Systran International, Welocalize Inc., Pangeanic, AppTek, Asia Online Pte Ltd., Cloudwords Inc., IBM Corporation, ProMT, Microsoft Corporation, Omniscien Technologies, Google LLC, Tencent Cloud TMT, Yandex.Cloud LLC, and Baidu 5. What is the study period of this market? Ans: The Global Market is studied from 2022 to 2029.
Machine Translation (MT) Market
Table of Content 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Machine Translation (MT) Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Machine Translation (MT) Market Analysis and Forecast 6.1. Machine Translation (MT) Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Machine Translation (MT) Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Machine Translation (MT) Market Value Share Analysis, by Technology 7.4. Machine Translation (MT) Market Size (US$ Bn) Forecast, by Technology 7.5. Machine Translation (MT) Market Analysis, by Technology 7.6. Machine Translation (MT) Market Attractiveness Analysis, by Technology 8. Machine Translation (MT) Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Machine Translation (MT) Market Value Share Analysis, by Application 8.4. Machine Translation (MT) Market Size (US$ Bn) Forecast, by Application 8.5. Machine Translation (MT) Market Analysis, by Application 8.6. Machine Translation (MT) Market Attractiveness Analysis, by Application 9. Machine Translation (MT) Market Analysis and Forecast, by Deployment Type 9.1. Introduction and Definition 9.2. Key Findings 9.3. Machine Translation (MT) Market Value Share Analysis, by Deployment Type 9.4. Machine Translation (MT) Market Size (US$ Bn) Forecast, by Deployment Type 9.5. Machine Translation (MT) Market Analysis, by Deployment Type 9.6. Machine Translation (MT) Market Attractiveness Analysis, by Deployment Type 10. Machine Translation (MT) Market Analysis, by Region 10.1. Machine Translation (MT) Market Value Share Analysis, by Region 10.2. Machine Translation (MT) Market Size (US$ Bn) Forecast, by Region 10.3. Machine Translation (MT) Market Attractiveness Analysis, by Region 11. North America Machine Translation (MT) Market Analysis 11.1. Key Findings 11.2. North America Machine Translation (MT) Market Overview 11.3. North America Machine Translation (MT) Market Value Share Analysis, by Technology 11.4. North America Machine Translation (MT) Market Forecast, by Technology 11.4.1. Rule-Based Machine Translation(RBT) 11.4.2. Statistical Machine Translation(SMT) 11.4.3. Others 11.5. North America Machine Translation (MT) Market Value Share Analysis, by Application 11.6. North America Machine Translation (MT) Market Forecast, by Application 11.6.1. Automotive 11.6.2. Military & Defense 11.6.3. Electronics 11.6.4. IT 11.6.5. Healthcare 11.6.6. Others 11.7. North America Machine Translation (MT) Market Value Share Analysis, by Deployment Type 11.8. North America Machine Translation (MT) Market Forecast, by Deployment Type 11.8.1. On-Premises 11.8.2. Cloud 11.9. North America Machine Translation (MT) Market Value Share Analysis, by Country 11.10. North America Machine Translation (MT) Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Machine Translation (MT) Market Analysis, by Country 11.12. U.S. Machine Translation (MT) Market Forecast, by Technology 11.12.1. Rule-Based Machine Translation(RBT) 11.12.2. Statistical Machine Translation(SMT) 11.12.3. Others 11.13. U.S. Machine Translation (MT) Market Forecast, by Application 11.13.1. Automotive 11.13.2. Military & Defense 11.13.3. Electronics 11.13.4. IT 11.13.5. Healthcare 11.13.6. Others 11.14. U.S. Machine Translation (MT) Market Forecast, by Deployment Type 11.14.1. On-Premises 11.14.2. Cloud 11.15. Canada Machine Translation (MT) Market Forecast, by Technology 11.15.1. Rule-Based Machine Translation(RBT) 11.15.2. Statistical Machine Translation(SMT) 11.15.3. Others 11.16. Canada Machine Translation (MT) Market Forecast, by Application 11.16.1. Automotive 11.16.2. Military & Defense 11.16.3. Electronics 11.16.4. IT 11.16.5. Healthcare 11.16.6. Others 11.17. Canada Machine Translation (MT) Market Forecast, by Deployment Type 11.17.1. On-Premises 11.17.2. Cloud 11.18. North America Machine Translation (MT) Market Attractiveness Analysis 11.18.1. By Technology 11.18.2. By Application 11.18.3. By Deployment Type 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Developments 12. Europe Machine Translation (MT) Market Analysis 12.1. Key Findings 12.2. Europe Machine Translation (MT) Market Overview 12.3. Europe Machine Translation (MT) Market Value Share Analysis, by Technology 12.4. Europe Machine Translation (MT) Market Forecast, by Technology 12.4.1. Rule-Based Machine Translation(RBT) 12.4.2. Statistical Machine Translation(SMT) 12.4.3. Others 12.5. Europe Machine Translation (MT) Market Value Share Analysis, by Application 12.6. Europe Machine Translation (MT) Market Forecast, by Application 12.6.1. Automotive 12.6.2. Military & Defense 12.6.3. Electronics 12.6.4. IT 12.6.5. Healthcare 12.6.6. Others 12.7. Europe Machine Translation (MT) Market Value Share Analysis, by Deployment Type 12.8. Europe Machine Translation (MT) Market Forecast, by Deployment Type 12.8.1. On-Premises 12.8.2. Cloud 12.9. Europe Machine Translation (MT) Market Value Share Analysis, by Country 12.10. Europe Machine Translation (MT) Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe Machine Translation (MT) Market Analysis, by Country 12.12. Germany Machine Translation (MT) Market Forecast, by Technology 12.12.1. Rule-Based Machine Translation(RBT) 12.12.2. Statistical Machine Translation(SMT) 12.12.3. Others 12.13. Germany Machine Translation (MT) Market Forecast, by Application 12.13.1. Automotive 12.13.2. Military & Defense 12.13.3. Electronics 12.13.4. IT 12.13.5. Healthcare 12.13.6. Others 12.14. Germany Machine Translation (MT) Market Forecast, by Deployment Type 12.14.1. On-Premises 12.14.2. Cloud 12.15. U.K. Machine Translation (MT) Market Forecast, by Technology 12.15.1. Rule-Based Machine Translation(RBT) 12.15.2. Statistical Machine Translation(SMT) 12.15.3. Others 12.16. U.K. Machine Translation (MT) Market Forecast, by Application 12.16.1. Automotive 12.16.2. Military & Defense 12.16.3. Electronics 12.16.4. IT 12.16.5. Healthcare 12.16.6. Others 12.17. U.K. Machine Translation (MT) Market Forecast, by Deployment Type 12.17.1. On-Premises 12.17.2. Cloud 12.18. France Machine Translation (MT) Market Forecast, by Technology 12.18.1. Rule-Based Machine Translation(RBT) 12.18.2. Statistical Machine Translation(SMT) 12.18.3. Others 12.19. France Machine Translation (MT) Market Forecast, by Application 12.19.1. Automotive 12.19.2. Military & Defense 12.19.3. Electronics 12.19.4. IT 12.19.5. Healthcare 12.19.6. Others 12.20. France Machine Translation (MT) Market Forecast, by Deployment Type 12.20.1. On-Premises 12.20.2. Cloud 12.21. Italy Machine Translation (MT) Market Forecast, by Technology 12.21.1. Rule-Based Machine Translation(RBT) 12.21.2. Statistical Machine Translation(SMT) 12.21.3. Others 12.22. Italy Machine Translation (MT) Market Forecast, by Application 12.22.1. Automotive 12.22.2. Military & Defense 12.22.3. Electronics 12.22.4. IT 12.22.5. Healthcare 12.22.6. Others 12.23. Italy Machine Translation (MT) Market Forecast, by Deployment Type 12.23.1. On-Premises 12.23.2. Cloud 12.24. Spain Machine Translation (MT) Market Forecast, by Technology 12.24.1. Rule-Based Machine Translation(RBT) 12.24.2. Statistical Machine Translation(SMT) 12.24.3. Others 12.25. Spain Machine Translation (MT) Market Forecast, by Application 12.25.1. Automotive 12.25.2. Military & Defense 12.25.3. Electronics 12.25.4. IT 12.25.5. Healthcare 12.25.6. Others 12.26. Spain Machine Translation (MT) Market Forecast, by Deployment Type 12.26.1. On-Premises 12.26.2. Cloud 12.27. Rest of Europe Machine Translation (MT) Market Forecast, by Technology 12.27.1. Rule-Based Machine Translation(RBT) 12.27.2. Statistical Machine Translation(SMT) 12.27.3. Others 12.28. Rest of Europe Machine Translation (MT) Market Forecast, by Application 12.28.1. Automotive 12.28.2. Military & Defense 12.28.3. Electronics 12.28.4. IT 12.28.5. Healthcare 12.28.6. Others 12.29. Rest Of Europe Machine Translation (MT) Market Forecast, by Deployment Type 12.29.1. On-Premises 12.29.2. Cloud 12.30. Europe Machine Translation (MT) Market Attractiveness Analysis 12.30.1. By Technology 12.30.2. By Application 12.30.3. By Deployment Type 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Developments 13. Asia Pacific Machine Translation (MT) Market Analysis 13.1. Key Findings 13.2. Asia Pacific Machine Translation (MT) Market Overview 13.3. Asia Pacific Machine Translation (MT) Market Value Share Analysis, by Technology 13.4. Asia Pacific Machine Translation (MT) Market Forecast, by Technology 13.4.1. Rule-Based Machine Translation(RBT) 13.4.2. Statistical Machine Translation(SMT) 13.4.3. Others 13.5. Asia Pacific Machine Translation (MT) Market Value Share Analysis, by Application 13.6. Asia Pacific Machine Translation (MT) Market Forecast, by Application 13.6.1. Automotive 13.6.2. Military & Defense 13.6.3. Electronics 13.6.4. IT 13.6.5. Healthcare 13.6.6. Others 13.7. Asia Pacific Machine Translation (MT) Market Value Share Analysis, by Deployment Type 13.8. Asia Pacific Machine Translation (MT) Market Forecast, by Deployment Type 13.8.1. On-Premises 13.8.2. Cloud 13.9. Asia Pacific Machine Translation (MT) Market Value Share Analysis, by Country 13.10. Asia Pacific Machine Translation (MT) Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Machine Translation (MT) Market Analysis, by Country 13.12. China Machine Translation (MT) Market Forecast, by Technology 13.12.1. Rule-Based Machine Translation(RBT) 13.12.2. Statistical Machine Translation(SMT) 13.12.3. Others 13.13. China Machine Translation (MT) Market Forecast, by Application 13.13.1. Automotive 13.13.2. Military & Defense 13.13.3. Electronics 13.13.4. IT 13.13.5. Healthcare 13.13.6. Others 13.14. China Machine Translation (MT) Market Forecast, by Deployment Type 13.14.1. On-Premises 13.14.2. Cloud 13.15. India Machine Translation (MT) Market Forecast, by Technology 13.15.1. Rule-Based Machine Translation(RBT) 13.15.2. Statistical Machine Translation(SMT) 13.15.3. Others 13.16. India Machine Translation (MT) Market Forecast, by Application 13.16.1. Automotive 13.16.2. Military & Defense 13.16.3. Electronics 13.16.4. IT 13.16.5. Healthcare 13.16.6. Others 13.17. India Machine Translation (MT) Market Forecast, by Deployment Type 13.17.1. On-Premises 13.17.2. Cloud 13.18. Japan Machine Translation (MT) Market Forecast, by Technology 13.18.1. Rule-Based Machine Translation(RBT) 13.18.2. Statistical Machine Translation(SMT) 13.18.3. Others 13.19. Japan Machine Translation (MT) Market Forecast, by Application 13.19.1. Automotive 13.19.2. Military & Defense 13.19.3. Electronics 13.19.4. IT 13.19.5. Healthcare 13.19.6. Others 13.20. Japan Machine Translation (MT) Market Forecast, by Deployment Type 13.20.1. On-Premises 13.20.2. Cloud 13.21. ASEAN Machine Translation (MT) Market Forecast, by Technology 13.21.1. Rule-Based Machine Translation(RBT) 13.21.2. Statistical Machine Translation(SMT) 13.21.3. Others 13.22. ASEAN Machine Translation (MT) Market Forecast, by Application 13.22.1. Automotive 13.22.2. Military & Defense 13.22.3. Electronics 13.22.4. IT 13.22.5. Healthcare 13.22.6. Others 13.23. ASEAN Machine Translation (MT) Market Forecast, by Deployment Type 13.23.1. On-Premises 13.23.2. Cloud 13.24. Rest of Asia Pacific Machine Translation (MT) Market Forecast, by Technology 13.24.1. Rule-Based Machine Translation(RBT) 13.24.2. Statistical Machine Translation(SMT) 13.24.3. Others 13.25. Rest of Asia Pacific Machine Translation (MT) Market Forecast, by Application 13.25.1. Automotive 13.25.2. Military & Defense 13.25.3. Electronics 13.25.4. IT 13.25.5. Healthcare 13.25.6. Others 13.26. Rest of Asia Pacific Machine Translation (MT) Market Forecast, by Deployment Type 13.26.1. On-Premises 13.26.2. Cloud 13.27. Asia Pacific Machine Translation (MT) Market Attractiveness Analysis 13.27.1. By Technology 13.27.2. By Application 13.27.3. By Deployment Type 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Developments 14. Middle East & Africa Machine Translation (MT) Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Machine Translation (MT) Market Overview 14.3. Middle East & Africa Machine Translation (MT) Market Value Share Analysis, by Technology 14.4. Middle East & Africa Machine Translation (MT) Market Forecast, by Technology 14.4.1. Rule-Based Machine Translation(RBT) 14.4.2. Statistical Machine Translation(SMT) 14.4.3. Others 14.5. Middle East & Africa Machine Translation (MT) Market Value Share Analysis, by Application 14.6. Middle East & Africa Machine Translation (MT) Market Forecast, by Application 14.6.1. Automotive 14.6.2. Military & Defense 14.6.3. Electronics 14.6.4. IT 14.6.5. Healthcare 14.6.6. Others 14.7. Middle East & Africa Machine Translation (MT) Market Value Share Analysis, by Deployment Type 14.8. Middle East & Africa Machine Translation (MT) Market Forecast, by Deployment Type 14.8.1. On-Premises 14.8.2. Cloud 14.9. Middle East & Africa Machine Translation (MT) Market Value Share Analysis, by Country 14.10. Middle East & Africa Machine Translation (MT) Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Machine Translation (MT) Market Analysis, by Country 14.12. GCC Machine Translation (MT) Market Forecast, by Technology 14.12.1. Rule-Based Machine Translation(RBT) 14.12.2. Statistical Machine Translation(SMT) 14.12.3. Others 14.13. GCC Machine Translation (MT) Market Forecast, by Application 14.13.1. Automotive 14.13.2. Military & Defense 14.13.3. Electronics 14.13.4. IT 14.13.5. Healthcare 14.13.6. Others 14.14. GCC Machine Translation (MT) Market Forecast, by Deployment Type 14.14.1. On-Premises 14.14.2. Cloud 14.15. South Africa Machine Translation (MT) Market Forecast, by Technology 14.15.1. Rule-Based Machine Translation(RBT) 14.15.2. Statistical Machine Translation(SMT) 14.15.3. Others 14.16. South Africa Machine Translation (MT) Market Forecast, by Application 14.16.1. Automotive 14.16.2. Military & Defense 14.16.3. Electronics 14.16.4. IT 14.16.5. Healthcare 14.16.6. Others 14.17. South Africa Machine Translation (MT) Market Forecast, by Deployment Type 14.17.1. On-Premises 14.17.2. Cloud 14.18. Rest of Middle East & Africa Machine Translation (MT) Market Forecast, by Technology 14.18.1. Rule-Based Machine Translation(RBT) 14.18.2. Statistical Machine Translation(SMT) 14.18.3. Others 14.19. Rest of Middle East & Africa Machine Translation (MT) Market Forecast, by Application 14.19.1. Automotive 14.19.2. Military & Defense 14.19.3. Electronics 14.19.4. IT 14.19.5. Healthcare 14.19.6. Others 14.20. Rest of Middle East & Africa Machine Translation (MT) Market Forecast, by Deployment Type 14.20.1. On-Premises 14.20.2. Cloud 14.21. Middle East & Africa Machine Translation (MT) Market Attractiveness Analysis 14.21.1. By Technology 14.21.2. By Application 14.21.3. By Deployment Type 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Developments 15. South America Machine Translation (MT) Market Analysis 15.1. Key Findings 15.2. South America Machine Translation (MT) Market Overview 15.3. South America Machine Translation (MT) Market Value Share Analysis, by Technology 15.4. South America Machine Translation (MT) Market Forecast, by Technology 15.4.1. Rule-Based Machine Translation(RBT) 15.4.2. Statistical Machine Translation(SMT) 15.4.3. Others 15.5. South America Machine Translation (MT) Market Value Share Analysis, by Application 15.6. South America Machine Translation (MT) Market Forecast, by Application 15.6.1. Automotive 15.6.2. Military & Defense 15.6.3. Electronics 15.6.4. IT 15.6.5. Healthcare 15.6.6. Others 15.7. South America Machine Translation (MT) Market Value Share Analysis, by Deployment Type 15.8. South America Machine Translation (MT) Market Forecast, by Deployment Type 15.8.1. On-Premises 15.8.2. Cloud 15.9. South America Machine Translation (MT) Market Value Share Analysis, by Country 15.10. South America Machine Translation (MT) Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Machine Translation (MT) Market Analysis, by Country 15.12. Brazil Machine Translation (MT) Market Forecast, by Technology 15.12.1. Rule-Based Machine Translation(RBT) 15.12.2. Statistical Machine Translation(SMT) 15.12.3. Others 15.13. Brazil Machine Translation (MT) Market Forecast, by Application 15.13.1. Automotive 15.13.2. Military & Defense 15.13.3. Electronics 15.13.4. IT 15.13.5. Healthcare 15.13.6. Others 15.14. Brazil Machine Translation (MT) Market Forecast, by Deployment Type 15.14.1. On-Premises 15.14.2. Cloud 15.15. Mexico Machine Translation (MT) Market Forecast, by Technology 15.15.1. Rule-Based Machine Translation(RBT) 15.15.2. Statistical Machine Translation(SMT) 15.15.3. Others 15.16. Mexico Machine Translation (MT) Market Forecast, by Application 15.16.1. Automotive 15.16.2. Military & Defense 15.16.3. Electronics 15.16.4. IT 15.16.5. Healthcare 15.16.6. Others 15.17. Mexico Machine Translation (MT) Market Forecast, by Deployment Type 15.17.1. On-Premises 15.17.2. Cloud 15.18. Rest of South America Machine Translation (MT) Market Forecast, by Technology 15.18.1. Rule-Based Machine Translation(RBT) 15.18.2. Statistical Machine Translation(SMT) 15.18.3. Others 15.19. Rest of South America Machine Translation (MT) Market Forecast, by Application 15.19.1. Automotive 15.19.2. Military & Defense 15.19.3. Electronics 15.19.4. IT 15.19.5. Healthcare 15.19.6. Others 15.20. Rest of South America Machine Translation (MT) Market Forecast, by Deployment Type 15.20.1. On-Premises 15.20.2. Cloud 15.21. South America Machine Translation (MT) Market Attractiveness Analysis 15.21.1. By Technology 15.21.2. By Application 15.21.3. By Deployment Type 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Lighthouse IP Group 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Developing Footprint 16.3.2. Lingo24 Ltd. 16.3.3. Lingotek Inc. 16.3.4. Lionbridge Technologies Inc. 16.3.5. Lucy Software and Services GmbH 16.3.6. Moravia IT 16.3.7. Raytheon BBN Technologies 16.3.8. SDL PLC 16.3.9. Smart Communications 16.3.10. Systran International 16.3.11. Welocalize Inc. 16.3.12. Pangeanic 16.3.13. AppTek 16.3.14. Asia Online Pte Ltd. 16.3.15. Cloudwords Inc. 16.3.16. IBM Corporation 16.3.17. ProMT 16.3.18. Microsoft Corporation 16.3.19. Omniscien Technologies 16.3.20. Google LLC 16.3.21. Tencent Cloud TMT 16.3.22. Yandex.Cloud LLC 16.3.23. Baidu 17. Primary Key Insights