Industrial Goods » Engineering » M2M (machine-to-machine) technology | Global machine translation market 2016-2024

Machine translation market size worldwide 2016-2024

Machine translation market size worldwide, from 2016 to 2024 (Figures expressed in millions of U.S. dollars, unless otherwise specified)

The data displays the size of the machine translation market worldwide, from 2016 to 2024. In 2017, the global machine translation market was estimated to reach 450 million USD in size. The market is currently being driven by increasing demands for content localization.

2016 400
2017 450
2018 530
2019 630
2020 750
2021 890
2022 1060
2023 1260
2024 1500

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