Translation facts: figures and global impact
Translation in figures: the global market
The translation industry is one of the most important in a globalised world. According to a report by Statista, the translation and localisation market reached a value of more than 56.18 billion dollars in 2022 and is expected to keep growing as globalisation advances.
The most translated language in the world
English is still the most translated language but, surprisingly, the Bible is the most translated text in history, with more than 700 different languages. It is followed by documents such as the Universal Declaration of Human Rights.
Machine translation versus human translation
Machine translation has advanced considerably, but it still has limits in accuracy and context. You can read more on our blog about how to avoid machine translation errors. Studies by Euronews show that 76% of users prefer content translated by humans because of its higher quality and cultural understanding.
Why translation matters in digital marketing
The most requested languages in translation
According to a report by CSA Research, the most in-demand languages in the translation industry are:
- English
- Spanish
- Chinese
- German
- French
The growth of urgent translation
Companies need immediate translations for legal documents, contracts and communications. Demand for urgent translations is estimated to have grown by 45% over the past five years.
How to choose a professional translation service
- Specialisation in your sector
- Quality and certifications
- Turnaround time and urgency
- Use of technology and translation tools